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The Consumer Discretionary Select Sector SPDR Fund ETF (XLY), which holds a 10% weightage on the S&P 500, has seen a rise of 23.4% in the past twelve months and experienced a growth of 11.96% YTD.
The Communication Services sector gained 7% during the fourth quarter. According to Seeking Alpha's Quant Rating system, the communication services sector has an average health score of 3.41.
Major indices experienced varied movements this week following geopolitical developments ... with the strongest investment fundamentals. Alpha Picks offers a more efficient approach to smarter ...