HOMZ focuses on the US residential housing segment. Constituents of the fund are selected by screening for stocks with significant business operations in one of the four US Housing Industry business segments: 1) home ownership and rental operations, 2) home building and construction, 3) home improvement and furnishings, and 4) home financing, technology & services. The top 100 qualifying companies are included in the funds portfolio. Each of the four segments is weighted based on the proportional contribution to the US GDP, with individual stocks weighted equally within their respective segments. The index is reconstituted and rebalanced semi-annually.