Manufactured Home Builders Stock Index

Tuesday, March 31, 2020 3:29:00 PM

The Manufactured Home Builders Stock Index (MHBI) finished December down -0.7%, trailing the broader residential construction market’s 0.1% decline and the S&P 500’s 3.7% gain.

The MHBI finished Q4 up 6.45%, but was down -6.1% for 2020 as a whole.

Manufactured Home Builders Stock Index (MHBI)

The Manufactured Home Builders Stock Index (MHBI) is a capitalization-weighted index developed by TMHA that inlcudes publicly traded companies whose primary line of business is the construction and sale of manufactured housing.

iShares U.S. Home Construction ETF (ITB)

The iShares U.S. Home Construction ETF (ITB) is included for comparison sake to show how the Manufactured Home Builders Stock Index is doing relative to a broad index of the overall residential construction sector. The ITB index includes some of the same manufactured home companies as the MHBI, but the weights within each are very different.

SPDR S&P 500 ETF Trust (SPY)

The SPDR S&P 500 ETF Trust (SPY) is included as a market benchmark to see how manufactured home builders are doing in comparison to the broader US equity market.