This monthly article aims at a top-down analysis of the utilities sector based on value, quality, and momentum metrics. It may also help analyze sector ETFs such as the Utilities Select Sector SPDR ETF (Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value where he shares a portfolio in ...