Reliable Utilities Sector ETF Leads in Market Sell-Off
October 09, 2014 at 14:30 PM EDT
In the current equities tumult, defensive utilities sector exchange traded funds have been outperforming the broader market. Since the S&P 500 index’s September 18 high, the Utilities Select Sector SPDR (NYSEArca: XLU) has increased 1.2%. Meanwhile, the S&P 500 has declined 3.7%. The...