Utilities ETFs Were a Steady Hand in a Shaky Market
This article was originally published on ETFTrends.com.
While the rest of the markets stumbled, utilities stocks and sector-related ETFs continued to push forward over October. Over the past month, the Utilities Select Sector SPDR (NYSEArca: XLU) gained 1.9%, Vanguard Utilities ETF (NYSEARCA: VPU) rose 1.2%, Fidelity MSCI Utilities Index ETF (NYSEARCA: FUTY) added 1.1% and iShares U.S. Utilities ETF (NYSEArca: IDU) increased [...]