“They are also the sectors that currently benefit from the most net analyst upgrades for the coming quarters. However, equity markets will face a more volatile environment in the coming months with limited upside, in our opinion,” Godin told CNBC.
ETF investors interested in gaining targeted exposures to these late-cycle sectors have a number of sector-specific options to choose from. For instance, among the largest broad technology sector-related ETFs, investors can look to the Technology Select Sector SPDR Fund (NYSEArca: XLK) , Vanguard Information Technology ETF (NYSEArca: VGT) and iShares U.S. Technology ETF (NYSEArca: IYW).
For financial sector and related ETFs exposure, investors can turn to options such as the Financial Select Sector SPDR (NYSEArca: XLF), Fidelity MSCI Financials Index ETF (NYSEArca: FNCL), iShares U.S. Financials ETF (NYSEArca: IYF) and Vanguard Financials ETF (NYSEArca: VFH).
Lastly, the Energy Select Sector SPDR (NYSEArca: XLE), Fidelity MSCI Energy Index ETF (NYSEArca: FENY) and Vanguard Energy ETF (NYSEArca: VDE) provide exposure to the broad energy sector.
For more information on the market sectors, visit our sector ETFs category.