Four Reasons to Implement a Sector Strategy

Source: FDA, Bloomberg Finance L.P., as of 12/31/2018.

Source: SPDR Americas Research, FactSet, January 2003 - December 2018 yearly average. Under/outperformance is relative to each stock’s respective S&P 500 equal weighted sector returns. Performance quoted represents past performance, which is no guarantee of future results. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income. It is not possible to invest in an index.