Overall the Dow Jones
Utility Average Index - is up only 12.01 % year - to - date.
Not exact matches
Since its 2014 high on December 29, the S&P 500
Index has gained 1.5 % (not including a fraction of a percent in dividends), the Dow Industrial
Average has gained 1.3 %, the Dow Transportation
Average is down -5.8 %, the Dow
Utilities Average is down -8.9 %, market breadth has churned sideways, and investment grade corporate spreads are flat (though junk spreads have come in about two - tenths of a percent).
Currently, 2 ETFs track the S&P
Utilities Select Sector
Index with more than $ 7.37 B in ETP assets with an
average expense ratio of 0.61 %.
The Dow Jones
Utility Average is a price - weighted
index that covers fifteen prominent companies in the
utilities industry.
A third
index, the Dow Jones
Utilities Average, has 15 members.
During the last two market downturns, an investor that invested in an equal weighted composite of non-cyclical sectors (staples, healthcare,
utilities, and telecom) lost an
average of 13 % less than S&P 500 ®
index, and the best performing defensive sector
averaged losses of roughly 20 % less than the overall market.
For instance, the S&P 500
Utilities Index's forward 12 - month price - to - earnings ratio is 16.3, while its 10 - year
average is 14.6.
The YIELD of the Dow Jones
Utilities Average has a strong, positive correlation with the earnings yield 100E10 / P of the S&P 500
index.
Locate in the most northeastern stretch of Tennessee, the city sports one of the lowest cost of living
indexes in the nation due to its eminently affordable homes, below -
average utility rates, excellent transportation facilities and affordable health - care costs.
The
average monthly bill for electricity and natural gas is about $ 120, according to the WhiteFence
Index, which calculates
utility bill
averages for 20 U.S. cities.