Biotech, Homebuilder ETFs in Multiyear Breakouts
Posted on July 05, 2012 at 12:14 PM EDT
ETFs tracking homebuilder and biotech stocks are the top-performing sectors in 2012 as the funds break out to multiyear highs. The iShares Dow Jones US Home Construction Index Fund (NYSEArca: ITB) is up 42.6% year to date to lead all sector funds. SPDR S&P Homebuilders (NYSEArca: XHB) is...