Utilities Sector ETF Bets Look Expensive
July 11, 2016 at 15:13 PM EDT
Conservative utilities stocks and sector-related exchange traded funds have been the best performing area of the market this year. However, the outperformance has made this defensive segment rather pricey. Year-to-date, the Utilities Select Sector SPDR (NYSEArca: XLU) increased 23.3% while the SPDR...