The ETF Analyzer, Sector SPDR Edition for July 2017 is ready for download. This monthly publication has succinct one-page reports on each of the 10 Select Sector SPDR ETFs in three easy-to-read sections: Investment Summary, Fundamentals, and Composition. It helps investors:
- Evaluate the funds based on investment merit using fundamental data and analysis
- Compare the Sector SPDRs with ease on a variety of forward-looking valuation metrics
Notable This Month:
The recent pullback in certain “FANG” stocks notwithstanding, the Tech rally in 1H17 has pushed valuations well above their range of the past few years
The recent pullback in certain “FANG” stocks notwithstanding, the Tech rally in 1H17 has pushed valuations well above their range of the past few years, which in turn has diminished future appreciation potential to just slightly above average in our opinion. That said, the sector’s margins and ROE remain exceptionally high, with long-term EPS growth expectations modestly better than the S&P 500 overall.
For our take on each of the other Sector SPDRs download the full report below.