Utilities Select Sector Etf Profile
| XLU Etf | USD 64.08 1.31 2.09% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Utilities Select is selling for under 64.08 as of the 18th of April 2024; that is 2.09 percent up since the beginning of the trading day. The etf's last reported lowest price was 63.06. Utilities Select has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Utilities Select Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
In seeking to track the performance of the index, the fund employs a replication strategy. SP 500 is traded on NYSEARCA Exchange in the United States. More on Utilities Select Sector
Moving together with Utilities Etf
| 1.0 | VPU | Vanguard Utilities Index | PairCorr |
| 1.0 | FUTY | Fidelity MSCI Utilities | PairCorr |
| 0.99 | IDU | iShares Utilities ETF | PairCorr |
| 0.99 | FXU | First Trust Utilities | PairCorr |
Moving against Utilities Etf
| 0.82 | YLCO | Global X | PairCorr |
| 0.8 | BITI | ProShares Trust Buyout Trend | PairCorr |
| 0.62 | AMPS | Altus Power Buyout Trend | PairCorr |
| 0.57 | RYU | Invesco Symbol Change | PairCorr |
| 0.45 | RNRG | Global X Renewable | PairCorr |
Utilities Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Utilities Select's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Utilities Select or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Utilities ETFs, Sector ETFs, Utilities, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 1998-12-16 |
| Benchmark | S&P Utilities Select Sector Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 11.41 Billion |
| Average Trading Valume | 14.46 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Utilities |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Portfolio Solutions Distributor, Inc. |
| Portfolio Manager | Mike Feehily, Karl Schneider, Dwayne Hancock |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 31.0 |
| Market Maker | Jane Street |
| Total Expense | 0.1 |
| Management Fee | 0.03 |
| Country Name | USA |
| Returns Y T D | (0.07) |
| Name | Utilities Select Sector SPDR Fund |
| Currency Code | USD |
| Open Figi | BBG000BJ7G75 |
| In Threey Volatility | 17.24 |
| 1y Volatility | 14.8 |
| 200 Day M A | 62.8208 |
| 50 Day M A | 62.9778 |
| Code | XLU |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
Utilities Select Sector [XLU] is traded in USA and was established 1998-12-16. The fund is classified under Utilities category within SPDR State Street Global Advisors family. The entity is thematically classified as Utilities ETFs. Utilities Select Sector at this time have 15.99 B in net assets. , while the total return for the last 3 years was 0.8%.
Check Utilities Select Probability Of Bankruptcy
Top Utilities Select Sector Etf Constituents
| AEP | American Electric Power | Stock | Utilities |
| AWK | American Water Works | Stock | Utilities |
| D | Dominion Energy | Stock | Utilities |
| DUK | Duke Energy | Stock | Utilities |
| ED | Consolidated Edison | Stock | Utilities |
| ES | Eversource Energy | Stock | Utilities |
| EXC | Exelon | Stock | Utilities |
Utilities Select Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Utilities Select jumping above the current price in 90 days from now is about 17.46%. The Utilities Select Sector probability density function shows the probability of Utilities Select etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Utilities Select has a beta of 0.8998. This entails Utilities Select Sector market returns are related to returns on the market. As the market goes up or down, Utilities Select is expected to follow. Additionally, utilities Select Sector has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Utilities Select to move above the current price in 90 days from now is about 17.46 (This Utilities Select Sector probability density function shows the probability of Utilities Etf to fall within a particular range of prices over 90 days) .
Utilities Select Top Holders
| TDSB | Cabana Target Drawdown | Etf | Tactical Allocation |
| FABZX | K2 Alternative Strategies | Mutual Fund | Multistrategy |
| FSKKX | K2 Alternative Strategies | Mutual Fund | Multistrategy |
| ADOAX | Acm Dynamic Opportunity | Mutual Fund | Long-Short Equity |
| LEXI | Alexis Practical Tactical | Etf | Tactical Allocation |
| GRZZX | Grizzly Short Fund | Mutual Fund | Trading--Inverse Equity |
| MFLDX | Marketfield Fund Marketfield | Mutual Fund | Long-Short Equity |
Utilities Select Sector Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Utilities Select market risk premium is the additional return an investor will receive from holding Utilities Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Utilities Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Utilities Select's alpha and beta are two of the key measurements used to evaluate Utilities Select's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0257 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) |
Utilities Select Against Markets
Picking the right benchmark for Utilities Select etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Utilities Select etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Utilities Select is critical whether you are bullish or bearish towards Utilities Select Sector at a given time. Please also check how Utilities Select's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Utilities Select without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Utilities Etf?
Before investing in Utilities Select, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Utilities Select. To buy Utilities Select etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Utilities Select. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Utilities Select etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Utilities Select Sector etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Utilities Select Sector etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Utilities Select Sector, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Utilities Etf please use our How to Invest in Utilities Select guide.
Already Invested in Utilities Select Sector?
The danger of trading Utilities Select Sector is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Utilities Select is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Utilities Select. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Utilities Select Sector is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Utilities Select Sector is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Utilities Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Utilities Select Sector Etf. Highlighted below are key reports to facilitate an investment decision about Utilities Select Sector Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Utilities Select Sector. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Utilities Select Sector is measured differently than its book value, which is the value of Utilities that is recorded on the company's balance sheet. Investors also form their own opinion of Utilities Select's value that differs from its market value or its book value, called intrinsic value, which is Utilities Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Utilities Select's market value can be influenced by many factors that don't directly affect Utilities Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Utilities Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Utilities Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Utilities Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.