ITB vs. HOMZ

Last updated Jun 4, 2026

ITB (iShares U.S. Home Construction ETF) and HOMZ (Hoya Capital Housing ETF) are both exchange-traded funds - ITB is a Building & Construction fund tracking the Dow Jones U.S. Select Home Construction Index, while HOMZ is a Materials fund tracking the Hoya Capital Housing 100 Index. Both are passively managed. Over the past 5 years, ITB returned 6.42%/yr vs 3.51%/yr for HOMZ. Their correlation of 0.89 suggests significant overlap in exposure. ITB charges 0.42%/yr vs 0.30%/yr for HOMZ.

Performance

ITB vs. HOMZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Home Construction ETF (ITB) and Hoya Capital Housing ETF (HOMZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITB achieves a -3.80% return, which is significantly lower than HOMZ's -3.23% return.

ITB

• 1D: -0.85%
• 1M: 1.29%
• YTD: -3.80%
• 6M: -12.12%
• 1Y: 4.04%
• 3Y*: 7.27%
• 5Y*: 6.42%
• 10Y*: 13.64%

HOMZ

• 1D: -0.61%
• 1M: -0.25%
• YTD: -3.23%
• 6M: -6.20%
• 1Y: 4.91%
• 3Y*: 9.05%
• 5Y*: 3.51%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ITB vs. HOMZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ITB iShares U.S. Home Construction ETF	-3.80%	-5.26%	2.06%	68.91%	-26.26%	49.25%	26.42%	31.65%
HOMZ Hoya Capital Housing ETF	-3.23%	2.72%	9.49%	36.49%	-28.14%	41.02%	15.80%	17.71%

Correlation

The correlation between ITB and HOMZ is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Mar 21, 2019	0.89

The correlation between ITB and HOMZ has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

ITB vs. HOMZ - Sectors Allocation Comparison

Sectors	ITB	HOMZ
Consumer Cyclical	71.8%	33.2%
Industrials	19.1%	9.3%
Basic Materials	8.6%	3.2%
Real Estate	0.5%	41.2%
Communication Services	-	0.4%
Consumer Defensive	-	0.7%
Energy	-	-
Financial Services	-	10.3%
Healthcare	-	-
Technology	-	1.7%
Utilities	-	-

Return for Risk

ITB vs. HOMZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ITB

ITB Risk / Return Rank: 11
ITB Sharpe Ratio Rank: 10
ITB Sortino Ratio Rank: 11
ITB Omega Ratio Rank: 11
ITB Calmar Ratio Rank: 10
ITB Martin Ratio Rank: 10

HOMZ

HOMZ Risk / Return Rank: 12
HOMZ Sharpe Ratio Rank: 12
HOMZ Sortino Ratio Rank: 13
HOMZ Omega Ratio Rank: 12
HOMZ Calmar Ratio Rank: 12
HOMZ Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITB vs. HOMZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Home Construction ETF (ITB) and Hoya Capital Housing ETF (HOMZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ITB	HOMZ	Difference
Sharpe ratio: Return per unit of total volatility	0.14	0.25	-0.11
Sortino ratio: Return per unit of downside risk	0.46	0.54	-0.08
Omega ratio: Gain probability vs. loss probability	1.05	1.06	-0.01
Calmar ratio: Return relative to maximum drawdown	0.16	0.29	-0.14
Martin ratio: Return relative to average drawdown	0.31	0.67	-0.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITB vs. HOMZ - Sharpe Ratio Comparison

The current ITB Sharpe Ratio is 0.14, which is lower than the HOMZ Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of ITB and HOMZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ITB	HOMZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	0.25	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.16	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.42	-0.31

Drawdowns

ITB vs. HOMZ - Drawdown Comparison

The maximum ITB drawdown since its inception was -86.53%, which is greater than HOMZ's maximum drawdown of -48.10%. Use the drawdown chart below to compare losses from any high point for ITB and HOMZ.

Drawdown Indicators

	ITB	HOMZ	Difference
Max Drawdown Largest peak-to-trough decline	-86.53%	-48.10%	-38.43%
Max Drawdown (1Y) Largest decline over 1 year	-26.04%	-16.71%	-9.33%
Max Drawdown (3Y) Largest decline over 3 years	-33.35%	-22.91%	-10.44%
Max Drawdown (5Y) Largest decline over 5 years	-40.55%	-33.76%	-6.79%
Max Drawdown (10Y) Largest decline over 10 years	-52.10%	—	—
Current Drawdown Current decline from peak	-27.07%	-12.58%	-14.49%
Average Drawdown Average peak-to-trough decline	-37.10%	-9.74%	-27.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.09%	7.35%	+5.74%

Volatility

ITB vs. HOMZ - Volatility Comparison

iShares U.S. Home Construction ETF (ITB) has a higher volatility of 8.17% compared to Hoya Capital Housing ETF (HOMZ) at 5.34%. This indicates that ITB's price experiences larger fluctuations and is considered to be riskier than HOMZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITB	HOMZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.17%	5.34%	+2.83%
Volatility (6M) Calculated over the trailing 6-month period	20.42%	13.56%	+6.86%
Volatility (1Y) Calculated over the trailing 1-year period	29.47%	19.55%	+9.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.19%	21.47%	+7.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.00%	24.99%	+5.01%

ITB vs. HOMZ - Expense Ratio Comparison

ITB has a 0.42% expense ratio, which is higher than HOMZ's 0.30% expense ratio.

Dividends

ITB vs. HOMZ - Dividend Comparison

ITB's dividend yield for the trailing twelve months is around 1.23%, less than HOMZ's 2.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOMZ Hoya Capital Housing ETF	2.74%	2.54%	2.13%	2.08%	2.03%	1.21%	3.18%	1.24%	0.00%	0.00%	0.00%	0.00%
ITB iShares U.S. Home Construction ETF	1.23%	1.67%	0.46%	0.48%	0.86%	0.37%	0.46%	0.50%	0.63%	0.28%	0.43%	0.34%

Frequently Asked Questions

Can I hold both ITB and HOMZ in my portfolio?

With a correlation of 0.92, ITB and HOMZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ITB or HOMZ?

ITB has higher volatility (8.17%) compared to HOMZ (5.34%). In terms of maximum drawdown, ITB dropped -86.53% vs HOMZ's -48.10%.

Which ETF is better, ITB or HOMZ?

On 5-year performance, ITB leads with 6.42% vs 3.51% for HOMZ. On fees, HOMZ is cheaper at 0.30% per year. On volatility, HOMZ has been the lower-risk option at 5.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITB or HOMZ?

Over the 5-year period, ITB has performed better with a 6.42% return vs 3.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITB or HOMZ?

HOMZ is cheaper with a 0.30% expense ratio, compared with 0.42% for ITB.

Which ETF pays a higher dividend yield, ITB or HOMZ?

HOMZ has the higher dividend yield at 2.74%, compared with 1.23% for ITB.

What is the main difference between ITB and HOMZ?

ITB is categorized as Building & Construction, while HOMZ is Materials. ITB tracks Dow Jones U.S. Select Home Construction Index, while HOMZ tracks Hoya Capital Housing 100 Index. They also come from different issuers: iShares and Pettee Investors. Their fees differ too: 0.42% for ITB and 0.30% for HOMZ.

Which has better risk-adjusted returns?

HOMZ currently has the higher Sharpe Ratio (0.25 vs 0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.