Southern Co. (NYSE: SO) and PG&E (NYSE: PCG) were highlighted by Barron’s as two of the more attractive utilities stocks because the two are residing not far off their 52-week lows, which could mean more upside for investors. Those two stocks combine for 11.5% of XLU’s weight, according to State Street data.
Overall, XLU, the largest utilities by assets with $5.3 billion, is home to 32 stocks. The ETF has a dividend yield of 3.62%, 92 basis points where 10-year Treasury yields closed Tuesday.
Utilities Select Sector SPDR
