XLU | Utilities ETFs outperform amidst market tumble

Utility-sector exchange-traded funds were nearly unchanged Monday afternoon even as most sectors of the market sold off heavily.The Utilities Select Sector SPDR Fund and the iShares U.S.Utilities ETF were both down 0.1%, while the Fidelity MSCI Utilities Index ETF [S: FUTY] and Vanguard Utilities ETF lost 0.2%.The broad stock market, as measured by the S&P […]

XLU | What’s in Store for Utilities ETFs?

The Utilities Select Sector SPDR (NYSEArca: XLU) and other utilities exchange traded funds are typically viewed through the lenses of defense and income generation, but how the upcoming presidential election could affect this sector is worth taking into account.Utilities are typically more stable stocks since the demand for their services, notably electricity and gas, […] […]