Utilities XLU and China GXC

Nov 11, 2012

 

Utility stocks are having very tough month so far.   The Utility index is often a big part of dividend funds and this segment is having a very tough go lately with dividend tax rates likely to increase.  XLU is now negative YTD 2012:

 

 

 

Here are all monthly returns for the past 10 years sorted from low to high for a logical look at XLU vs its own volatility over time.  This month is not over but if it closed here would be the 8th worst since 2002:

 

 

 

Perhaps this is decent example of how markets continually rotate.   Once hated, China ETFs have have now outperformed U.S. Utilities by well over 10% since June 30:

 

Follow us on Follow etfreplay on Twitter

Tags:

Comments are closed