This has been a banner year for the stock market, with the Dow Jones emerging as the biggest beneficiary of the rotation in leadership in the large-cap domestic space. The index climbed 25%, marking the best annual performance since 2013, and has moved up 5,000-points this year — the biggest annual gain in its history. Additionally, it has logged in the highest-ever number of record closes in 2017.
Investors should note that the surge in technology and internet stocks has led to a rally in the Nasdaq index.
iShares u.s. Home Construction ETF (ITB – Free Report) – Up 58.3%
This fund provides a pure play to home construction stocks by tracking the Dow Jones U.S. Select Home Construction Index. With AUM of $2.5 billion, it holds a basket of 48 stocks while charges 44 bps in annual fees. The product trades in a heavy volume of around 2.4 million shares a day on average and has a Zacks ETF Rank #2.