The Home Construction ETF (ITB -2%) is underperforming the Homebuilders ETF (XHB -1.5%) amidst...

|By:, SA News Editor

The Home Construction ETF (ITB -2%) is underperforming the Homebuilders ETF (XHB -1.5%) amidst weak housing start data. CNCB's John Melloy notes ITB weighs homebuilders higher while XHB owns a bigger proportion of retailers. XHB +19%, ITB +12% Y/Y.