Utilities Select Sector Etf Performance
| XLU Etf | USD 70.79 1.22 1.69% |
The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Utilities Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Utilities Select is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Utilities Select Sector are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively sluggish essential indicators, Utilities Select unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | XLU, NEE, SO, DUK Large Outflows Detected at ETF - Nasdaq | 04/01/2024 |
2 | Dollar Slows Down A Bit, But Not Bearish Yet | 04/22/2024 |
3 | Should You Invest in the iShares U.S. Utilities ETF | 04/25/2024 |
4 | 3 ETFs to Buy When the Market Gets Crazy - InvestorPlace | 05/01/2024 |
5 | This sector ETF that won big in April is set to outperform again after a pause, according to the charts | 05/06/2024 |
6 | Mind Those Defensive Equities | 05/09/2024 |
7 | Stocks Surge On Healthy Earnings Season, Rising Jobless Claims This Week In The Markets | 05/10/2024 |
8 | Interest Rate Panic Will Fuel This 8 Yielding CEF | 05/15/2024 |
9 | Historic Moves In The Utilities Sector | 05/17/2024 |
10 | Not Impressed By Either Of The Stories That Have Been Powering XLU - Seeking Alpha | 05/23/2024 |
| In Threey Sharp Ratio | 0.09 |
Utilities |
Utilities Select Relative Risk vs. Return Landscape
If you would invest 6,024 in Utilities Select Sector on February 24, 2024 and sell it today you would earn a total of 1,055 from holding Utilities Select Sector or generate 17.51% return on investment over 90 days. Utilities Select Sector is generating 0.2606% of daily returns assuming volatility of 0.9113% on return distribution over 90 days investment horizon. In other words, 8% of etfs are less volatile than Utilities, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Utilities Select Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Utilities Select's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Utilities Select Sector, and traders can use it to determine the average amount a Utilities Select's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2859
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | XLU | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Utilities Select is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Utilities Select by adding it to a well-diversified portfolio.
Utilities Select Fundamentals Growth
Utilities Etf prices reflect investors' perceptions of the future prospects and financial health of Utilities Select, and Utilities Select fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Utilities Etf performance.
| Price To Earning | 7.09 X | |||
| Price To Book | 1.74 X | |||
| Price To Sales | 1.77 X | |||
| Earnings Per Share | 7.59 X | |||
| Total Asset | 15.99 B | |||
About Utilities Select Performance
To evaluate Utilities Select Sector Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Utilities Select generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Utilities Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Utilities Select Sector market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Utilities's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.| Latest headline from news.google.com: Not Impressed By Either Of The Stories That Have Been Powering XLU - Seeking Alpha | |
| The fund keeps 99.83% of its net assets in stocks |
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.