|Bid||16.50 x 800|
|Ask||16.76 x 800|
|Day's Range||16.43 - 18.81|
|52 Week Range||10.85 - 59.83|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-62.83%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.99%|
With the market in full watchdog mode as the Coronavirus continues to spread, two of January’s top-performing Direxion leveraged ETFs are providing mixed signals on sentiment.
Gold, bonds and other defensive assets are prime options to get defensive in today's market, but one area to consider is utility-focused exchange-traded funds (ETFs). The rest of 2019 could see a continued shift towards the utilities sector, and as such, here are a pair of ETFs to consider, especially in today's volatility--the First Trust Utilities AlphaDEX ETF (FXU) and the JHancock Multifactor Utilities ETF (JHMU) . FXU seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant® Utilities Index.
Investors could make a short-term bullish play on the rate-sensitive sectors as these spaces will continue to trade smoothly if interest rates remain steady or decline in future.
The sleepy utilities sector is delivering for investors this year with the widely followed Utilities Select Sector Index higher by nearly 10 percent while yielding just over 3 percent. The Direxion Daily Utilities Bull 3X Shares (NYSE: UTSL) looks to deliver triple the daily returns of the Utilities Select Sector Index.