Key Highlights

  • The fund follows an index of U.S. residential construction and related companies.
  • D.R. Horton, PulteGroup and Lennar together make up more than a third of the portfolio.
  • The expense ratio is 0.37 percent, with quarterly distributions.
  • Net Assets stood at about $2.2 billion across 42 holdings.

The iShares U.S. Home Construction ETF (CBOE:ITB) closed at $95.45 on November 11, 2026, with net assets of roughly $2.2 billion. The fund seeks to track an index of U.S. companies in residential construction and related industries, providing a single vehicle for investors who want exposure to the domestic home-building sector. Its portfolio reflects how closely the companies are tied to Mortgage conditions, building material costs and household formation.

Ticker and exchange

ITB, Cboe BZX

Benchmark index

Dow Jones U.S. Select Home Construction Index

Net asset value

$95.47 (Nov 11, 2026)

Daily NAV change

Down $0.72 (-0.75%)

Net assets

$2,176,751,181

Number of holdings

42

Expense ratio

0.37%

30-day SEC yield

0.88%

Distribution frequency

Quarterly

Fund inception

May 1, 2006

Index Scope and Focus

The benchmark for ITB is built around companies that participate in residential construction, including homebuilders and firms supplying home improvement products. Because the portfolio narrows its focus to one sector, its price movements often respond to Interest Rate changes, housing starts and consumer confidence in ways that broader Equity funds do not.

The fund has 42 holdings, a relatively compact number that places more weight on each company than a diversified market fund would. Investors considering the fund should keep in mind that its exposure to housing conditions is direct rather than incidental.

Largest Positions

D.R. Horton leads the portfolio at about 17.71 percent of market value, followed by PulteGroup at 11.38 percent and Lennar at 7.80 percent. NVR accounts for roughly 7.10 percent, and Lowe's and Toll Brothers each hold positions near 4.7 percent. Home Depot, Sherwin-Williams, Masco and Cavco Industries also appear among the largest holdings.

The concentration among the largest homebuilders is notable. Several of the top positions are companies that build and sell single-family homes, while the retail and materials names add a second layer of exposure to renovation and building Supply activity.

Trading and Income Details

Shares of ITB traded about 1.89 million times on November 11, 2026, above the 30-day Average Daily Volume of roughly 3.07 million shares recorded in the period ending November 10. The 30-day median bid-ask spread was 0.04 percent. The fund distributes income quarterly, and the September 2026 distribution totaled $0.753908 per share.

The 30-day SEC Yield was 0.88 percent, while the 12-month trailing yield came to 1.36 percent. Both figures reflect distributions relative to the share price over the stated periods, and they can shift as dividends from underlying holdings change.

Final Word

ITB provides focused exposure to residential construction and related companies, with a portfolio shaped by a limited number of large homebuilders. Its 0.37 percent expense ratio and quarterly distributions set the cost and income framework for the fund. The fund's behavior will continue to track closely with the housing cycle, mortgage costs and the pace at which new homes are built and sold.