[This ETF Industry Perspective is sponsored by Fidelity.]
Beyond company-specific factors, sector exposure has been the most influential driver of the variability in equity market returns over time, yet sector-based portfolio construction remains an underutilized strategy in the marketplace.
A sector-based framework can be an effective approach to equity portfolio construction for investors who are looking to generate positive returns and maintain greater control over portfolio risk.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money. Fidelity Investments Institutional Services Company, Inc.