Tech (XLK) is the new defensive sector, its 14.8 PE ratio continuing to trail traditional...
Tech (XLK) is the new defensive sector, its 14.8 PE ratio continuing to trail traditional cautious plays like telecom (IST), consumer staples (XLP), and utilities (XLU). At a lofty 22 PE ratio, telecom leads all S&P sectors - it's a pretty fancy multiple for a slow-growth sector, but investors are attracted by the lofty yield. The S&P (SPY) as a whole has creeped up to a 14.8 ratio.
From other sites
at CNBC.com (Fri, 1:41PM)
Video at CNBC.com (Fri, 12:00PM)
Video at CNBC.com (Wed, 4:44PM)
Video at CNBC.com (Tue, 4:45PM)
Video at CNBC.com (May 15, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs