Utilities ETFs Look Steady, But They Ain't Cheap
November 12, 2019 at 08:00 AM EST
Thanks to a combination of low-interest rates and investors’ preference for higher-yielding defensive assets, the Utilities Select Sector SPDR ( XLU A ) , the largest utilities sector ETF, has been a solid sector-level performer this year while currently offering an impressive dividend yield of almost 3%.