The Utilities Select Sector SPDR ETF (XLU) returned 2% in the past year. The total return is a more apt metric to measure utilities’ performance. The total return considers stock appreciation and dividends paid in a particular period.
In comparison, broader markets returned nearly 20% during the same period.
SCANA (SCG) was the top loser among S&P 500 Utilities last year. SCANA’s nuclear project struggled in 2017. SCANA returned -43% in the past year. Dominion Energy (D) agreed to buy SCANA in January 2018. However, the deal seems to be on a rocky path. Read How Certain Is Dominion’s Deal with SCANA? to learn more.