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Analyzing Utilities’ Market Performance in 2018

Vincent Kruger
Analyzing Utilities’ Market Performance in 2018

Amid the trade war tensions in the last few months, investors moved to relatively safer sectors like utilities. In the following graph, you can see how weakness in broader markets fueled the rally in utilities. The Utilities Select Sector SPDR ETF (XLU) has risen ~4%, while broader markets have risen ~7% year-to-date.