Year-to-date, the iShares U.S. Telecommunications ETF (NYSEArca: IYZ) rose 1.3%, Vanguard Telecommunication Services ETF (NYSEArca: VOX) gained 2.6%and Fidelity MSCI Telecommunication Services Index ETF (NYSEArca: FCOM) increased 3.0%.
Moreover, investors should be wary about materials stocks as the sector has turned in negative performances more often. While the S&P 500 Materials Sector has generated an average 1.8% return for the month of July over the past 10 years, the sector has only been positive four of the past 10 years.
For more information on the market sectors, visit our sector ETFs category.
Max Chen contributed to this article.