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Correctly Classifying Utilities ETFs

FYI: •Last Friday utilities stocks plummeted 3.5% while broader stock market was little changed
•This was a good example that utilities stocks act as a combination of stocks and bonds. Factor and correlation analyses confirm this notion.
•An investor may want to attribute XLU partially to equities and fixed income for performance analysis purposes.

Regards,
Ted
http://www.etftrends.com/2015/11/correctly-classifying-utilities-etfs/
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