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FUTY: Utilities' AI Intrigue Fades
The FUTY ETF performed well in Q2, with AI rubbing off on the power-producing sector. The fund offers a high dividend yield, and its low expense ratio and solid liquidity make it suitable for long-term investors seeking US sector exposure. FUTY's technical view is mixed, however, with potential support at $43 and resistance at $47-$48.
Seekingalpha | 2 years ago
ETFs to Make the Most of the AI-Powered Utility Sector
Utility is one of the hottest plays this year, driven by the artificial intelligence (AI) frenzy, and is outperforming the broad market index. Investors seeking to make the most of the next leg in the AI industrial revolution could consider utility ETFs.
Zacks | 2 years ago
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