ETF Description:
- The Fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Utilities 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the utilities sector, as classified under the Global Industry Classification Standard (GICS). The GICS utilities sector is made up of electric, gas, and water utility companies. It also includes independent power producers and energy traders and companies that engage in generation and distribution of electricity using renewable sources.
Top 10 Holdings:
- Number of holdings - 65
- Industry Diversification - Electic, Multi, Gas, Water, Independent Power Producers and Energy Traders, Renewable Electricity
- NextEra Energy,
- Duke Energy Corp
- Southern Co,
- Dominion Energy,
- American Electric Power Co,
- Sempra Energy,
- Exelon Corp,
- Consolidated Edison,
- Public Service Enterprise Corp.
Growth Opportunities and Strengths
Risks:
References: