Utilities provide essential services with steady demand across economic cycles. Utility ETFs offer portfolio stability, as they can pass inflation costs to consumers and typically provide low volatility and consistent returns, acting as a safeguard during downturns.
Therefore, investors may consider adding top utility ETFs like Fidelity MSCI Utilities Index ETF (FUTY), Vanguard Utilities Index Fund ETF Shares (VPU), and The Utilities Select Sector SPDR Fund (XLU) for stability and protection.
