It appears the perfect storm against utilities stocks and the related exchange traded funds remains in place. Interest rates are high. Growth stocks are leading the market and inflation, though easing a bit, remains a drag on this capital-intensive sector. Still, the S&P 500 Utilities Index is higher by 1.17% year-to-date, which isn’t bad considering [...] The post This Defensive Sector Appears Undervalued appeared first on ETF Trends .