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Thursday's ETF Winners & Losers

Real estate- and utility-related funds are among the wounded as rising bond yields drive down stocks.
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Exchange-traded funds tracking real estate slumped along with the larger market Thursday, as rising mortgage rates and more pessimism from homebuilders weighed on the sector.

Rates on 30-year mortgages rose a fourth straight week to the highest level in 10 months. Moreover, homebuilder

Meritage Homes

(MTH) - Get Meritage Homes Corporation Report

on late Wednesday became the most recent company to cut full-year guidance amidst the continuing housing doldrums.

Ultra Real Estate ProShares

(URE) - Get ProShares Ultra Real Estate Report

was sinking $2.75, or 4.6%, to $56.85. The

iShares Cohen & Steers Realty Majors

(ICF) - Get iShares Cohen & Steers REIT ETF Report

was falling $2.48, or 2.5%, to $97.67.

SPDR Homebuilders

(XHB) - Get SPDR S&P Homebuilders ETF Report

was off 78 cents, or 2.3%, to $33.37.

Utility-related funds also continued to suffer due to rising bond yields. Utility stocks, normally attractive to investors for their steady dividends, become less so as bonds gain favor -- as they are doing now, with yields of more than 5% for the first time since August.


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(EXC) - Get Exelon Corporation Report



(PCG) - Get PG&E Corporation Report

were off more than 2%.


Ultra Utilities ProShares

(UPW) - Get ProShares Ultra Utilities Report

was losing $3.43, or 4.1%, to $80.33.

Utilities HOLDRs


was sinking $3.74, or 2.6%, to $40.10. The

iShares Dow Jones US Utilities

(IDU) - Get iShares U.S. Utilities ETF Report

was losing $2.35, or 2.4%, to $96.31.

Bundled securities tracking health care stocks also were tanking.

HealthShares Infectious Diseases


was losing 81 cents, or 3%, to $25.86.

HealthShares Cancer


was losing 62 cents, or 2.2%, to $28.09.

Oil-related funds were among the session's top performers. The front-month crude contract was trading up 94 cents to $66.90 on concerns U.S. refineries cannot keep up with demand for gasoline.

PowerShares DB Oil

(DBO) - Get Invesco DB Oil Fund Report

were trading up 43 cents, or 1.6%, to $27. The

iPath Goldman Sachs Crude Oil Index

(OIL) - Get iPath Pure Beta Crude Oil ETN Report

ETF was advancing 64 cents, or 1.7%, to $37.42.

United States Oil

(USO) - Get United States Oil Fund LP Report

was increasing 60 cents, or 1.2%, to $50.90.

PowerShares DB Energy

(DBE) - Get Invesco DB Energy Fund Report

edged up 19 cents, or 0.7%, to $28.72.

The PowerShares DB Agriculture

(DBA) - Get Invesco DB Agriculture Fund Report

was another of the few winners in Thursday's market, as grain and soybean futures advanced. The ETF was trading up 27 cents, or 1%, to $26.43.