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Returns for Utilities Compared to the Broader Markets

Vincent Kruger
Returns for Utilities Compared to the Broader Markets

Let’s take a look at the returns for utilities so far this year. Utilities (XLU) on average have returned 3%, while the broader markets have returned 5.5%. As we’ve already seen in this series, utility stocks were notably weak early this year, mainly due to the Fed’s aggressive stance on interest rate hikes. Recently, investors took shelter in utilities amid trade war tensions, mainly due to their high yields and stable stock movements.