XLU / XLU, IDU, And Utilities: Worst Time In A Decade To Buy

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