Vanguard Utilities ETF: Safe Bet with Growth Potential
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Despite the S&P 500s 7% drop this year, Vanguards Utilities ETF has surged over 7%, making it the second-best performer. The top spot belongs to the Energy ETF, but its gains are tied to Middle East tensions. Utilities, however, offer steady growth and a 2.5% dividend yield. With S&P Global predicting a doubling of U.S. AI data centers by 2030, utilities are poised for significant growth. If youre seeking safe bets with growth potential and a low expense ratio of 0.09%, utilities could be your best option.
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