The hottest stock-market sector in the past year beats technology and real estate

It may not surprise you that utility stocks have fared well as interest rates have declined, but a closer look at the sector may genuinely shock you.

Look at the bottom of the table. The 12-month returns have been paltry. This year’s euphoria is really only a recovery from the doldrums of the fourth quarter of 2018, when the S&P 500 was down 13.5% and the Dow was down 12%. If the period had closed on Christmas Eve, the S&P 500 would have been down 19% for the fourth quarter, and the Dow down 18%.

Two examples of utility ETFs that take a broader approach with very low expenses are the Fidelity MSCI Utilities Index FUTY, +0.26%, which has an expense ratio of 0.08%, and the Vanguard Utilities ETF VPU, +0.21%, with expenses of 0.10%.

I've always found it comical that when the FED, or anyone in government, says that inflation is low they exclude food and energy.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

The backbone of the stock market over the past 10 years is starting to fadeTotal S&P 500 buybacks 'seem to have peaked,' since the great financial crisis, according to Sean Darby, global equity strategist at Jefferies.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

U.S. services sector activity hits three-year low; labor market solidU.S. services sector activity slowed to a three-year low in September amid risin... Apparently Wall Street likes it :) Our mission at is to build the social media platform that ends fake news
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »