Getting Defensive With Utilities ETFs as XLU Surges
September 07, 2017 at 11:23 AM EDT
While the performance of the technology sector indicates risk appetite is prevalent in financial markets this year, some investors still prefer defensive sectors. That much is confirmed by a year-to-date surge of over 13% for the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities...