|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||13.01 - 13.01|
|52 Week Range||12.98 - 23.40|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-2.48|
|Expense Ratio (net)||0.95%|
Much of 2018 was rosy for the industrials sector. Businesses with excess cash early in the year fueled a spending spree on equipment and other industrials products as well. Given the poor general performance of the industrials sector in 2018, it comes as no surprise that exchange-traded funds (ETFs) which focused on these stocks also suffered as well.
The Industrial Select Sector SPDR (NYSEArca: XLI), the largest ETF tracking industrial stocks, is down about 3% year-to-date. Some market observers believe the once sturdy industrial sectors faces more ...
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.