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Utilities This Year: A Look at the Leaders and the Laggards

Vincent Kruger
Utilities This Year: A Look at the Leaders and the Laggards

Some of the smallest components of the Utilities Select Sector SPDR ETF (XLU) have significantly outperformed utilities at large as well as the broader markets this year. AES Corporation (AES), which is mainly involved in competitive operations, has risen ~34% so far this year. Merchant power stock NRG Energy (NRG), another smaller constituent of XLU, has risen 26% in the same period.