Why Trade Utility Stocks?
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Why trade the XLU and utility stocks? Even though utility stocks are probably one of the most boring stocks, they offer diversification. Many traders like volatility, but it might be a good idea to look at a slow-moving trading vehicle like XLU to diversify your trading strategies.
What are the pros of XLU? It's a great trading vehicle and it might complement your other trading strategies very well. XLU is much less volatile than the other ETFs and it moves differently, thus it might provide a hedge.
You can read more about why trade utility stocks on our website.
Another “boring trading vehicle is XLP - consumer staples. Read here for why you should also have a look at XLP trading strategies.