That means this July is the 15th July in which XLU will trade. Over the previous 14 Julys, XLU has been the worst performer of the nine select sector SPDRs, according to CXO Advisory Group. However, the CXO data support The Stock Trader’s Almanac claim that waiting until the end of July to buy utilities could be a winning trade. Over the previous 14 Augusts, XLU is the second-best SPDR ETF behind the Consumer Staples SPDR (NYSEArca: XLP). In the past 14 Septembers, XLU is the best SPDR.
So which SPDR has been the best in the month of the July? The CXO data indicate the answer to that question is the Materials Select Sector SPDR (NYSEArca: XLB).
Utilities Select Sector SPDR
ETF Trends editorial team contributed to this post.