Utilities Select Sector SPDR Fund Price & Performance (XLU)

The Utilities Select Sector SPDR Fund (XLU) experienced a notable dip, falling 1.62% on March 25 to close at $76.90. This marks the third consecutive day of losses. Despite a weak rising trend, increased trading volume on falling prices suggests caution, with potential further declines if support levels break.12

Utilities Select Sector SPDR Fund (XLU) has crossed below its 200-day moving average, trading as low as $77.31. With a 24% return over the past year, the ETF has outperformed the broader market, but recent technical signals indicate a challenging outlook for short-term investors.34

The Utilities Select Sector SPDR Fund (XLU) recently announced a quarterly dividend of $0.555, payable on March 26. While the ETF remains a defensive option, its price has dipped below key averages, raising questions about its near-term performance amidst broader market uncertainties.56