Utilities ETFs Still Look Steady, But They’re Not Cheap
November 06, 2019 at 11:17 AM EST
Thanks to a combination of low-interest rates and investors’ preference for higher-yielding defensive assets, the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities sector ETF, has been a solid sector-level performer this year while currently offering an impressive dividend yield...