Interest Rates Hit Utilities Sector ETFs in Q2
June 27, 2013 at 17:25 PM EDT
Utilities exchange traded funds were the hardest hit sector play over the second quarter on rising interest rates and Federal Reserve tapering speculation. Since the start of April, the Select Sector SPDR Utilities (NYSEArca: XLU) has declined 4.0%, Vanguard Utilities ETF (NYSEArca: VPU) fell 3.5%...