The S&P 500 is cooling off after rip-roaring gains of over 20% in both 2023 and 2024.
The Nasdaq Composite is in a correction — which means it is down over 10% from a recent high, while the S&P 500 is down 5.9% year to date (YTD) at the time of this writing.
And yet, the healthcare sector, utilities, and consumer staples have all defied broader market movements by posting YTD gains.
Here’s why investors tend to flock to safer sectors during periods of market uncertainty, and three low-cost exchange-traded funds (ETFs) you can use to invest in each sector.
This post originally appeared at The Motley Fool.