The technical view is not a stretch. XLU appears to be finding support around $37. VPU, the cheaper of the two funds with an annual expense ratio of 0.14% compared to 0.18% for XLU, is close to finding support at $80.
Both XLU and VPU are trading slightly below their 200-day moving average. The pair are an average of roughly 9% below their 52-week highs.
Vanguard Utilities ETF
ETF Trends editorial team contributed to this post.