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This graph from First Trust shows that, since the start of the year, the S&P Homebuilding Select Industry Index posted a total return of 5.57%, compared to 2.10% for the S&P 500 Index, according to Bloomberg. In 2019, the S&P Homebuilding Select Industry Index posted a total return of 41.98%, well above the 31.49% total return on the S&P.