Tired of Bonds? Consider the Steady Utilities Sector with ‘XLU’
February 24, 2021 at 10:32 AM EST
The utilities sector was a dud last year, but that situation is improving and reminding risk-averse investors that assets such as the Utilities Select Sector SPDR (NYSEArca: XLU) are still relevant parts of diverse retirement portfolios. Utilities are typically more stable stocks since the demand...