FIF - Industrials And Energy Lead U.S. Equity Rebound In 2019
The year-to-date rally in the US stock market has lifted all the major equity sectors, based on a set of ETFs. Leading the field: shares in the industrials sector, which has a sizable performance edge over the rest of the market.
The Industrial Select Sector SPDR ETF (XLI) has climbed a strong 16.5% year to date through Wednesday’s close (February 13). The ETF’s performance enjoys a moderate premium over the second-best sector return so far in 2019, currently held by energy shares. The Energy Select Sector SPDR ETF (XLE) is up 13.1% year to date.