Utilities ETFs Join Oversold Club, Too
September 15, 2016 at 10:37 AM EDT
As is the case with consumer staples counterparts, utilities exchange traded funds, such as the Utilities Select Sector SPDR (NYSEArca: XLU), roared higher in the first half of this year as investors favored defensive, low beta, income-generating segments of the equity market. In fact, XLU spent...