Reported 26 days ago
The Vanguard Utilities ETF has gained 30% this year, outpacing the S&P 500, as investors anticipate a surge in electricity demand fueled by artificial intelligence. With projections indicating a significant increase in data center electricity consumption and strong positions among leading utility companies like NextEra Energy and Constellation Energy, this index fund offers risk-averse investors a chance to capitalize on the AI boom. Despite past underperformance compared to the S&P 500, its lower volatility makes it an attractive option for cautious investors looking to benefit from evolving energy consumption trends.
Source: YAHOO