NEW YORK ( TheStreet) -- Here are five ETFs to watch this week.iShares Dow Jones Transportation Average Index Fund ( IYT) Transportation goliath FedEx ( FDX) is scheduled to announce its quarterly earnings in the latter part of the week. While FedEx's numbers will generate interest from transports fans, the firm's report and outlook will also provide ample clues on the state of the global markets. FDX is IYT's second largest holding, representing close to 10% of the fund's total portfolio. August was a rough month for IYT as wearied investors expressed doubts about the global economic recovery. As we have moved further into September, however, the fund has shown signs of stabilizing. In the days ahead it will be interesting to see what is in store for it. iShares North American Technology-Software Index Fund ( IGV) Tuesday evening will be busy for the software industry as Oracle ( ORCL) and Adobe ( ADBE) report earnings. These two technology leaders can both be found listed among IGV's top five holdings, accounting for nearly 15% of its portfolio. Red Hat ( RHT), a fellow IGV component, will follow Oracle and Adobe, reporting its own performance and outlook on Wednesday. I encourage investors to continue to keep an eye on the technology sector. Although the jittery market action we have witnessed has led many to shun risk, in the event of a turnaround in the near term, this segment of the marketplace may be a source for strength. iShares Dow Jones U.S. Home Construction Index Fund ( ITB) Lennar's ( LEN), whose earnings report is slated to be released today, will kick off a busy week for the residential real estate industry. Investors interested in following the action may want to keep a close watch on ITB and the SPDR S&P Homebuilder ETF ( XHB). On the economic calendar, investors can look forward to the release of data points including housing starts and existing home sales. Meanwhile, the FHFA Housing Price Index report for July will be announced on Thursday. The residential real estate industry continues to stand out as a notable point of concern. While interesting to watch given the slew of data on tap for this week, I encourage conservative investors to stick to the sidelines with ITB and XHB.