HOMZ ETF ANALYSIS

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HOMZ ETF FUNDAMENTALS
HOMZ ETF PERFORMANCE

HOMZ ISSUER

The Hoya Capital Housing ETF (HOMZ) is managed by Hoya Capital Real Estate, a company specializing in real estate investment strategies. Launched to track the Hoya Capital Housing 100 Index, HOMZ provides exposure to the U.S. residential housing industry by investing in companies across various segments, such as home builders, real estate investment trusts (REITs), and other housing-related sectors. The ETF reflects Hoya Capital Real Estate's expertise in the housing market, offering investors a diversified approach to gain exposure to this sector of the economy.

HOMZ DIVIDEND

While the primary objective of the Hoya Capital Housing 100 ETF (HOMZ) is to provide exposure to the U.S. residential housing industry, it does not typically emphasize dividends as its primary focus. However, the ETF's dividend distribution is influenced by the constituent companies' dividend policies within the housing and real estate-related sectors. Dividend distributions from these companies contribute to the overall returns of HOMZ, which aims to track the performance of the Hoya Capital Housing 100 Index. Given its focus on the housing market, investors might find HOMZ suitable for gaining exposure to this industry along with potential dividend returns.

HOMZ TRACKING

The strategy of the Hoya Capital Housing ETF (HOMZ) revolves around tracking the Hoya Capital Housing 100 Index. This index, designed by Hoya Capital Index Innovations, LLC, encompasses 100 companies in the U.S. residential housing industry. HOMZ seeks to replicate the index's performance, providing investors with exposure to a diverse range of businesses within the housing sector, including home ownership, rental operations, home building, construction, improvement, furnishings, financing, technology, and services. The ETF's approach aims to align closely with the performance of the U.S. housing market and its related industries.

HOMZ CORRELATION

Understanding the correlation of the Hoya Capital Housing 100 Index ETF (HOMZ) with the housing and real estate market is essential for investors. Given that HOMZ tracks the Hoya Capital Housing 100 Index, its correlation with the performance of the U.S. residential housing industry is a key factor to consider. Investors can analyze HOMZ's correlation to evaluate its behavior in relation to the broader market and to make informed decisions within their investment portfolios. For comprehensive insights into correlations and overlaps, ETF Insider's web app offers a valuable tool that presents complex data through simple visualizations, aiding investors in understanding the relationships between HOMZ and various market sectors and assets.HOMZ Sector

HOMZ SECTOR

The Hoya Capital Housing ETF (HOMZ) primarily focuses on the housing and real estate-related sectors in the United States. With a comprehensive approach encompassing residential real estate investment trusts (REITs), homebuilders, mortgage lenders, and more, HOMZ aims to provide exposure to various aspects of the housing industry. By investing in companies associated with home ownership, construction, improvement, and financing, HOMZ offers investors a way to tap into trends and developments in the residential real estate sector.HOMZ Exposure

HOMZ EXPOSURE

The exposure characteristics of the Hoya Capital Housing ETF (HOMZ) are designed to capture the performance of the U.S. residential housing industry. By tracking the Hoya Capital Housing 100 Index, HOMZ provides investors with access to companies involved in various segments of the housing market, including home ownership and rental operations, home building and construction, home improvement and furnishings, and home financing, technology, and services. With its focus on housing-related sectors, HOMZ offers investors a unique way to participate in the U.S. real estate landscape. For investors seeking to delve deeper into understanding the exposure of various U.S. ETFs, ETF Insider's web app offers a valuable tool. The app provides comprehensive and easy-to-use visualizations that showcase exposure details, market correlations, and overlaps. This resourceful tool allows investors to make informed decisions by gaining insights into the sectors, regions, and markets that an ETF targets, leading to more confident investment strategies.

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