XLE - XLE And VDE: Energy Is Still The Most Attractive Sector

• This is an updated coverage of an article we published on March 2nd, 2022.
• The major update is to assess the risks caused by the surges in the 10-year treasury rates, which was only about 1.7% then and is now pushing toward 3%.
• The energy sector (represented by XLE and VDE) is currently the only sector that provides a positive yield spread Z-score relative to the risk-free rates, making it the most attractively valued sector.
• Also, our sector dashboard shows that the "safe" sectors such as utility and consumer staples are no longer "safe". The utility sector actually has the most negative YS Z-score currently.

For further details see: