2024-03-07 13:38:32 ET
Summary
- The article evaluates the iShares U.S. Utilities ETF as an investment option in the Utilities sector.
- I see merit in building defensive positions due to concerns about concentrated gains in the market.
- IDU is seen as a smart choice due to its passive, diversified nature, exposure to waste management services, and declining expense ratio.
Main Thesis And Background
The purpose of this article is to evaluate the iShares U.S. Utilities ETF (IDU) as an investment option at its current market price. This is a fund "to track the investment results of an index composed of U.S. equities in the utilities sector" and offers exposure to U.S. companies that supply electricity, gas, and water, as well as waste management services....
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IDU: A Good Option Here For Defense (Rating Upgrade)