The market this year has been characterized by leadership in defensive sectors such as utilities that have been boosted by falling interest rates and conservatism in the late stages of this bull market. While the momentum in utilities has continued to prosper, a new sector has taken over the top leadership spot in this year’s sector rankings.
Health Care SPDR (ETF)
The Health Care SPDR (ETF) (NYSE: XLV) experienced a drop along with the majority of the market in October. However, this ETF has shown tremendous relative strength since then, and has pushed its total return for 2014 in excess of 27 percent.
A look at the chart below ...
/www.benzinga.com/trading-ideas/long-ideas/14/12/5054880/health-care-etfs-take-over-market-leadership-role alt=Health Care ETFs Take Over Market Leadership Role>Full story available on Benzinga.com
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