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

Ultra Real Estate ProShares ( URE) was sinking $2.75, or 4.6%, to $56.85. The iShares Cohen & Steers Realty Majors ( ICF) was falling $2.48, or 2.5%, to $97.67. SPDR Homebuilders ( XHB) 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.

Both Exelon ( EXC) and PG&E ( PCG) were off more than 2%.

The Ultra Utilities ProShares ( UPW) was losing $3.43, or 4.1%, to $80.33. Utilities HOLDRs ( UTH) was sinking $3.74, or 2.6%, to $40.10. The iShares Dow Jones US Utilities ( IDU) was losing $2.35, or 2.4%, to $96.31.

Bundled securities tracking health care stocks also were tanking. HealthShares Infectious Diseases ( HHG) was losing 81 cents, or 3%, to $25.86. HealthShares Cancer ( HHK) 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) were trading up 43 cents, or 1.6%, to $27. The iPath Goldman Sachs Crude Oil Index ( OIL) ETF was advancing 64 cents, or 1.7%, to $37.42. United States Oil ( USO) was increasing 60 cents, or 1.2%, to $50.90. PowerShares DB Energy ( DBE) edged up 19 cents, or 0.7%, to $28.72.

The PowerShares DB Agriculture ( DBA) 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.

More from ETFs

What Bad Weather? Kohl's Shares Spike as Same-Store Sales Jump

What Bad Weather? Kohl's Shares Spike as Same-Store Sales Jump

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Bitcoin Today: Bears Rear Their Heads as Prices Continue Downward Spiral

Bitcoin Today: Bears Rear Their Heads as Prices Continue Downward Spiral

Cannabis Stocks Are Screaming Sells After Seeing This Deal: Doug Kass Insider

Cannabis Stocks Are Screaming Sells After Seeing This Deal: Doug Kass Insider

60 Seconds: What's the Difference Between an ETF and a Mutual Fund?

60 Seconds: What's the Difference Between an ETF and a Mutual Fund?