For the Contrarian, Utilities ETFs Offer Allure
June 18, 2015 at 08:00 AM EDT
Summing up the state of affairs for the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities ETF, is easy. In 2014’s benign Treasury yield environment, the ETF surged nearly 29%, making it the best of the nine sector SPDR ETFs. This year, 10-year Treasury yields have been ticking...