XLU Offers Defense, Healthy Income
November 07, 2022 at 07:52 AM EST
The utilities sector is often thought of as a bond proxy, meaning it’s vulnerable to rising interest rates. Those vulnerabilities are on display this year, but investors should be careful about ignoring the sector at this point. At a time when markets are favoring defensive assets, the Utilities Select Sector SPDR Fund (XLU) is among [...] The post XLU Offers Defense, Healthy Income appeared first on ETF Trends .
