The Utilities Sector
I have tried to copy these data carefully but cannot be held responsible for any mistakes made. These data are important because high ETFs are liquid which means you can get in and out quickly and there is a smaller spread between the bid and ask price. This affects the actual profitability of the entry and exits trades. The same considerations applies to put and call options. Use the highest that you can.
The risk of the 2x and 3x Leveraged ETFs is that the 2x or 3x ration only applies to one trading day. After that, the ratio declines daily due to the rebalancing effect. NEVER hold 2x or 3x ETFs long term as they fall in value over time. For long shorts (in a non margin account or 401k), just buy the 1x Bear if available. Unfortunately UTLZ is very low .
XLU AUM 7.1 Billion, Shares 137.2 M, Avg 11.3 M, Expense Ratio 0.14%, 1x Bull
***Note XLU tracks the Utilities Select Sector Index.
VPU AUM 2.5 Billion, Shares 21.8 M, Avg 145,689, Expense Ratio 0.10%, 1x Bull
***Note VPU tracks the MSCI US Investable Market Utilities 25/50 Index
IDU AUM 754.6 Million, Shares 5.9 M, Avg 81,521, Expense Ratio 0.44%, 1x Bull
***Note IDU tracks the MSCI US Investable Market Utilities 25/50 Index
UPW AUM 14.4 Million, Shares 0.3 Million, Avg 3,252, Expense Ratio, 0.95%, 2x Bull Leveraged
***Note UPW tracks the Dow Jones U.S. Utilities Index
SDP AUM 8.7 Billion, Shares 0.3 M, Avg 3,144 , Expense Ratio 0.95%, 2x Bear Leveraged
***Note SDP tracks the Dow Jones U.S. Utilities Index (-200%)
UTSL AUM 2.5 Million, Shares 0.1 M, Avg n/a, Expense Ratio 1.1%, 3x Bull Leveraged
***Note LOW . AVOID
UTLZ AUM 2.3 Million, Shares 0.1 M, Avg 195, Expense Ratio 1.1%, 1x Bear
***Note LOW . 1000 shares traded 7/12/17.