The Utilities sector ranks ninth out of the 11 sectors as detailed in our 4Q23 Sector Ratings for ETFs and Mutual Funds report. Last quarter, the Utilities sector ranked tenth. It gets our Unattractive rating, which is based on an aggregation of ratings of the 71 stocks in the Utilities sector as of October 11, 2023. See a recap of our 3Q23 Sector Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the sector. Not all Utilities sector ETFs and mutual funds are created the same. The number of holdings varies widely (from 19 to 220). This variation creates drastically different investment implications and, therefore, ratings.