XLU / Josh Wein: The next market leaders will be value and utilities

Utilities sector is no longer boring, predictable, or safe due to climate change and energy transition. Utility stocks still have room for a price cor more_horizontal

Rising interest rates have put pressure on the Utility sector, causing most industry stocks to decline. However, valuations have now gotten to the poi more_horizontal

Utilities are often viewed as a safe investment with a reliable dividend but recently, the sector has been hit by rising interest rates. The Utilities more_horizontal

Utilities stocks have dropped into unusual territory, after being “decimated” by rising interest rates, according to Bespoke Investment Group. more_horizontal

The XLU ETF is a utility-sector focused ETF. After massively outperforming in 2022, XLU has been an underperformer in 2023 as investors rotated out of more_horizontal

If you're interested in broad exposure to the Utilities - Broad segment of the equity market, look no further than the Utilities Select Sector SPDR ET more_horizontal

XLU underperformed in 2023 following the weak energy consumption pattern hitting the US utilities players. The extreme heat during the summertime coul more_horizontal

Designed to provide broad exposure to the Utilities - Broad segment of the equity market, the Utilities Select Sector SPDR ETF (XLU) is a passively ma more_horizontal