Investors Rotate Away from Utilities ETFs

Many of last year’s top-performing exchange traded funds are the laggards so far in 2012 and utilities ETFs are a prime example of the reversal. Utilities Select Sector SPDR (XLU) was down 3.4% year to date as of Jan. 23, compared with a 4.8% gain for the S&P 500, according to Morningstar. The...