ITB vs. WFH

Last updated Jun 4, 2026

ITB (iShares U.S. Home Construction ETF) and WFH (Direxion Work From Home ETF) are both exchange-traded funds - ITB is a Building & Construction fund tracking the Dow Jones U.S. Select Home Construction Index, while WFH is a Technology Equities fund tracking the Solactive Remote Work Index. Both are passively managed. At a 0.49 correlation, their price movements are largely independent. ITB charges 0.42%/yr vs 0.45%/yr for WFH.

Performance

ITB vs. WFH - Performance Comparison

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

Returns By Period

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%

WFH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITB vs. WFH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ITB iShares U.S. Home Construction ETF	-3.80%	-5.26%	2.06%	68.91%	-26.26%	49.25%	30.92%
WFH Direxion Work From Home ETF	0.00%	15.47%	18.55%	35.75%	-45.26%	10.77%	34.26%

Correlation

The correlation between ITB and WFH is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jun 26, 2020	0.49

Over the past year, the correlation between ITB and WFH has dropped to 0.16 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

ITB vs. WFH - Sectors Allocation Comparison

Sectors	ITB	WFH
Consumer Cyclical	71.8%	2.3%
Industrials	19.1%	2.2%
Basic Materials	8.6%	-
Real Estate	0.5%	-
Communication Services	-	9.4%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Technology	-	86.2%
Utilities	-	-

Return for Risk

ITB vs. WFH — 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

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. WFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Home Construction ETF (ITB) and Direxion Work From Home ETF (WFH). 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	WFH	Difference
Sharpe ratio: Return per unit of total volatility	0.14	—	—
Sortino ratio: Return per unit of downside risk	0.46	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	0.16	—	—
Martin ratio: Return relative to average drawdown	0.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ITB	WFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	—	—
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	—	—

Drawdowns

Drawdown Indicators

	ITB	WFH	Difference
Max Drawdown Largest peak-to-trough decline	-86.53%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-26.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.10%	—	—
Current Drawdown Current decline from peak	-27.07%	—	—
Average Drawdown Average peak-to-trough decline	-37.10%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	13.09%	—	—

Volatility

Volatility by Period

	ITB	WFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.17%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.47%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.19%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.00%	—	—

ITB vs. WFH - Expense Ratio Comparison

ITB has a 0.42% expense ratio, which is lower than WFH's 0.45% expense ratio.

Dividends

ITB vs. WFH - Dividend Comparison

ITB's dividend yield for the trailing twelve months is around 1.23%, more than WFH's 0.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
WFH Direxion Work From Home ETF	0.91%	0.94%	0.50%	0.67%	0.42%	0.79%	0.86%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ITB and WFH in my portfolio?

ITB and WFH have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ITB or WFH?

On fees, ITB is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ITB or WFH?

ITB is cheaper with a 0.42% expense ratio, compared with 0.45% for WFH.

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

ITB has the higher dividend yield at 1.23%, compared with 0.91% for WFH.

What is the main difference between ITB and WFH?

ITB is categorized as Building & Construction, while WFH is Technology Equities. ITB tracks Dow Jones U.S. Select Home Construction Index, while WFH tracks Solactive Remote Work Index. They also come from different issuers: iShares and Direxion. Their fees differ too: 0.42% for ITB and 0.45% for WFH.