In Boon For Dividends, Slumping Utilities Could Be Ready to Rebound
July 29, 2021 at 13:04 PM EDT
The utilities sector usually performs admirably when interest rates are low, but the Utilities Select Sector SPDR (NYSEArca: XLU) is up just 4.80% year-to-date, well behind the 17.67% returned by the S&P 500 Index as a whole, as of June 24. Although XLU, the largest utilities ETF by assets,...
