Utilities ETFs Outperform on Safety Trade, Dividends
October 19, 2011 at 13:29 PM EDT
Exchange traded funds that invest in the utilities sector are trouncing the S&P 500 this year as investors assign a premium to defensive stocks and dividends. Utilities Select Sector SPDR (NYSEArca: XLU) is up 12% year to date, compared with a 1% loss for the S&P 500, according to...