HOMZ vs TECB

HOMZBHoya Capital Housing ETF

TECBAiShares U.S. Tech Breakthrough Multisector ETF

In short

HOMZ Most housing ETFs pick a lane: homebuilders or apartment REITs. HOMZ buys the whole chain, landlords, builders, home-improvement retailers and housing finance and tech names, sizing each segment by its share of GDP.

TECB Five breakthroughs (AI and robotics, cloud and data, cybersecurity, genomics, fintech) in one iShares index fund, priced well under the typical US thematic ETF. Multisector by design, so healthcare and finance names sit beside the chip and software crowd.

Stated mandate

HOMZ The Fund seeks to track the performance of the Hoya Capital Housing 100TM Index before fees and expenses.

TECB TECB seeks to track an index of U.S. companies that may benefit from robotics and artificial intelligence, cloud and data technology, cybersecurity, genomics and immunology, and financial technology.

Why people hold it

• HOMZ Four housing segments in one ticker: rental operators, builders, home improvement and furnishings, and housing finance, tech and services, each sized by its contribution to GDP rather than market cap.sec.gov
• The 2019 original: launched as the first ETF offering diversified exposure across the entire US housing sector, and still tracking the index its adviser built.prnewswire.com
• 0.30% a year, below the 0.45% median for its index-tracking peers, on an index reconstituted and rebalanced on a set schedule each June and December.sec.govsec.gov 2
• Distributions arrive monthly rather than quarterly, a cadence more common among bond funds than equity sector funds.

• TECB 0.30% a year, roughly half the median expense ratio in its US thematic peer group. With themes, cost is the one edge you keep no matter which breakthrough actually breaks through.
• Roughly 170 stocks spread across five themes rather than a concentrated bet on one idea, so no single storyline carries the fund by itself.ishares.com
• Rules pick the stocks, not a manager's mood: it follows the NYSE FactSet U.S. Tech Breakthrough Index and has tracked it tightly since the 2020 launch, among the cleaner builds in its thematic group.ishares.com

Worth knowing

• HOMZ A small, thinly traded fund. Spreads can run wider than on mega-cap index trackers, and small funds carry more risk of being closed or repositioned.
• One industry, roughly 100 stocks. Housing moves with mortgage rates and construction cycles, so this can drift well apart from a broad market fund.
• Cheap for a themed index fund, still a multiple of plain broad-market trackers: SCHK charges 0.03% and VT 0.06%.

• TECB This is a growth-theme basket with no ballast. Five fast-moving innovation sleeves can swing harder than the broad market in both directions.
• Volume is light next to the megacap tech giants. For quick in-and-out trades, the bid-ask spread can cost more than the fee does.
• Cheap, but not the cheapest on the block: LRND charges 0.14% for a broad US R&D-leaders screen that overlaps some of the same territory.

Full HOMZ profile⁠

Full TECB profile⁠