The iShares U.S. Telecommunications ETF (BATS:IYZ) is down roughly 35% year-to-date, while the S&P 500 is down approximately 22.6% year-to-date.
As the communications services sector has been dragged down far worse than other sectors in the S&P 500, now may be an opportune time to bargain hunt for stocks that have been artificially dragged down with the market.
