While market volatility bubbles and macro uncertainty persists, investors are finding themselves once again besotted with a timeless safe haven: utilities. The Vanguard Utilities ETF (NYSE:VPU) has surged into a new 52-week high, up nearly 20% from its one-year trough, and reinvigorated interest in the broader utilities ETF universe.
The rally occurs as economic data sends mixed signals, rate cut speculation mounts, and investors become increasingly skittish about high-multiple technology trades. Against this backdrop, the utility case is shining brighter, and VPU’s performance is highlighting why.
