PHLX Housing Sector Index (HGX) Definition
What Is the PHLX Housing Sector Index (HGX)? The Philadelphia Stock Exchange (PHLX) Housing Sector Index (HGX) tracks housing development companies working directly in the U.S. construction market. Multiple companies in the building and prefabrication of residential homes, mortgage insurers, and suppliers of building materials make up the index. The index trades on the Nasdaq.