MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Will The Utilities ETF Sector Keep Shining?

TedTed
in Fund Discussions
FYI: (The Linkster says that utilities along with real estate funds have more upside for the remainder of the year. Low interest rates are the life blood of these types of funds.)

The Utilities Select Sector SPDR (NYSEArca: XLU) settled lower yesterday, but that was after touching new highs and XLU, the largest utilities exchange traded fund, is still up more than 20% year-to-date. That makes XLU easily the best performer among the sector SPDR exchange traded funds. Importantly, utilities ETFs’ runs may not be over
Regards,
Ted
http://www.etftrends.com/2016/07/will-the-utilities-etf-sector-keep-shining/

Comments

  • PRESSmUPPRESSmUP
    Ted...this strategy is going to continue to work, until it doesn't. Divi's are going to cash for me as just about everything seems fully or over-valued. If I had any sense, I'd take profits at these levels, but nobody has ever accused me of that.
  • Old_JoeOld_Joe
    "but nobody has ever accused me of that. "

    @PRESSmUP- would that be taking profits or having sense? :)
  • PRESSmUPPRESSmUP
    The latter.....
  • JunksterJunkster
    Aren't utilities a risk-off trade and dependent on Treasury rates?
  • DanHardy
    Junkster said:

    Aren't utilities a risk-off trade and dependent on Treasury rates?

    It could be influenced by oil - lower oil prices, higher dividend?
Sign In or Register to comment.