|Bid||9.64 x 800|
|Ask||22.47 x 1000|
|Day's Range||15.89 - 16.08|
|52 Week Range||14.55 - 21.83|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
The widening underperformance between the industrials sector and related industrial ETFs to the rest of the S&P 500 could signal further market troubles ahead. The Industrial Select Sector SPDR (NYSEArca: ...
As the Trump administration drags on the trade negotiations and keeps extending speculation over a potential trade war, industrial stocks and industrial ETFs will likely continue to underperform U.S. markets. The Industrial Select Sector SPDR (XLI) , the largest exchange traded fund tracking industrial stocks, declined 9.3% over the past three months, while the S&P 500 fell 5.5%. Meanwhile, the ProShares UltraShort Industrials (SIJ) , which tracks the inverse 2x or -200% daily performance of the Dow Jones U.S. Industrials Index, jumped 17.5% over the same three month period.
U.S. manufacturers and industrial ETFs were retreating Wednesday as anxious investors worry over the fallout from the Trump administration’s imposed tariffs. The Industrial Select Sector SPDR (NYSEArca: ...