35.98 +0.79 (2.24%)
Pre-Market: 8:15AM EST
|Bid||34.49 x 800|
|Ask||36.40 x 3100|
|Day's Range||34.87 - 35.36|
|52 Week Range||30.99 - 37.63|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.19|
|Expense Ratio (net)||0.08%|
Defensive sectors, including consumer staples and utilities, held up somewhat well relative to growth sectors as stocks swooned in the fourth quarter. The Utilities Select Sector SPDR (NYSEArca: XLU) posted ...
This week's ETF Leaders list includes two utility plays that are holding up better than most other funds, relatively speaking, in a volatile stock market.
Stock markets experienced a sharp fall on Dec 4 due to uncertainties surrounding trade talks and flattening of the yield curve, putting utility ETFs in focus.
Investors that embrace the utilities sector and exchange traded funds such as the Utilities Select Sector SPDR (XLU) often do so for two reasons: Above-average dividend yields and reduced volatility. During the recent bout of market volatility, utilities ETFs lived up to their shelter from the storm reputation. Over the past 90 days, XLU, the largest utilities ETF by assets, is up 3 percent while the S&P 500 is lower by 5.4 percent.
As U.S. markets continue to wobble, investors who want to stay in the game can look to defensive sector-related ETFs for a more steady approach. “If the sell-off continues and it deepens, it’s going to ...
Utilities stocks and sector-related ETFs were among the better performers Friday as investors took a more optimistic view over the defensive sector in response to easing bankruptcy concerns from the recent California wildfires. On Friday, the Utilities Select Sector SPDR (XLU) gained 1.3%, Vanguard Utilities ETF (VPU) rose 1.2%, Fidelity MSCI Utilities Index ETF (FUTY) added 1.3%, iShares U.S. Utilities ETF (IDU) increased 1.1% and Reaves Utilities ETF (UTES) was 0.9% higher. “We’re tilted toward a negative near-term outcome and expect a slowdown,” Barry Bannister, head of institutional equity strategy at Stifel Nicolaus, told the Wall Street Journal, adding that they have increased exposure to sectors such as utilities, consumer staples and health care.
While the rest of the markets stumbled, utilities stocks and sector-related ETFs continued to push forward over October. Over the past month, the Utilities Select Sector SPDR (NYSEArca: XLU) gained 1.9%, ...
As President Trump may impose a $200 additional tariff on Chinese goods, markets may take a hit and these safe and defensive ETFs may go higher.