Unique Utilities ETF Could Be Ready for Its Moment
April 04, 2022 at 10:54 AM EDT
The utilities sector is classified as a defensive group. As such, it’s often viewed as boring. It’s also seen as negatively correlated to rising interest rates. The sector and the related exchange traded funds didn’t get those memos. The cap-weighted S&P 500 Utilities Index is up 5.48%...