Are Crypto ETFs Still in the Lead?
Gregory S. Davis | January 4, 2025
Reviewed by etfready.com staff
Happy New Year!
Year to Date as of January 3, 2025 the Utilities Select SPDR Fund (XLU), Grayscale Bitcoin Trust (GBTC) and the Vanguard Information Technology Index Fund ETF Shares (VGT) have been leading the way up 1.50%, 1.14% and 0.80% respectively. Carrying forward the themes from 2024 of Cryptocurrency, Technology and Energy needed to support Artificial Intelligence are currently leading the way forward.
Top Sectors of 2024 | YTD Performance as of January 3, 2025
Price: $76.27
Dividend: 2.87%
52 Week: $59.14 to $83.41
Expense Ratio: 0.09%
Utilities Select SPDR Fund (XLU) in Focus
The Utilities Select SPDR Fund (XLU) ETF contains companies that produce, generate, transmit or distribute electricity or natural gas. Top holdings in the Utility ETF as of January 3, 2025 include, NEXTERA ENERGY INC COMMON STOCK, SOUTHERN CO/THE COMMON STOCK and DUKE ENERGY CORP COMMON STOCK.
Utilities Select SPDR Fund (XLU) Holdings as of January 3, 2025
What should I be doing as an investor?
Thinking about Utility ETFs.
1. Make it relateable
Is your energy company listed in the top 10 holdings? Whether it is or not you can choose one or two to learn more about.
2. Follow the trends
Take note of whether or not large investors like the Utilities Select SPDR Fund (XLU) are increasing or decreasing their holdings overtime. This may be a signal concerning the future direction of the stock.
3. Stay curious
There is always more to learn. Take a friend or two along for the journey.
Disclosure: At the time of publication the author is a holder of XLE and XLU.