Utilities ETFs invest in the equity of companies from the utilities industry. These companies are known for their reliable dividend payments and negative correlations to interest rates. A favorite for income investors, utilities often have higher dividend yields and carry moderate levels of risk.
With 14 ETFs traded on the U.S. markets, Utilities ETFs have total assets under management of $24.80B. The average expense ratio is 0.52%. Utilities ETFs can be found in the following asset classes:
The largest Utilities ETF is the Utilities Select Sector SPDR Fund XLU with $15.46B in assets. In the last trailing year, the best-performing Utilities ETF was UPW at 21.06%. The most recent ETF launched in the Utilities space was the Global X MSCI China Utilities ETF CHIU on 12/07/18.