Steady Utilities ETFs Not Yet Too Expensive

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Utilities exchange traded funds (ETFs), such as the Utilities Select Sector SPDR (NYSEArca: XLU), usually sport above-average dividend yields and defensive traits that investors seek amid broader market turmoil. However, those characteristics can often make the utilities sector richly valued relative to the broader market. Investors who are looking for companies to invest in that carry [...]

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