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Thursday’s ETF To Watch: XLUS

By: ETFdb
As U.S. equity markets continue to trend sideways, investors have moved towards traditional safe havens such as bonds and gold in order to protect their assets from the financial storm. Many have also embraced more recession prove industries as well for their equity exposure, with funds focused on the consumer staples and utility sectors standing out as attractive to investors looking to dial down the risk without fleeing equities altogether. Some have ventured beyond traditional big names in these sectors and have looked at smaller cap companies that may provide investors with a higher level of risk in a lower risk industry. A great example of this is the Piedmont Natural Gas company (PNY), a small utility company with a market cap under $2 billion that pays out a handsome dividend yield of 4%. As the name suggests, the company focuses on natural gas distribution in much of the mid-Atlantic and [...] Click here to read the original article on ETFdb.com. Related Stories: ETF To Watch For Thursday: FXB Wednesday’s ETF To Watch: Oil Service HOLDR (OIH) Daily ETF Roundup: UNG Soars, XLU Tumbles
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