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Practical Advice from

7 Sector ETFs to Own Now

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I saw an article about sector exchange-traded funds recently. While the author was talking about the 11 different S&P 500 sectors and how you can trade each of them using State Street SPDRs, it got me wondering about all the other sector ETFs to own in the marketplace.

According to ETFdb.com, there are 446 sector ETFs to own that aren’t SPDRs with more than 30 over $2 billion in assets under management ensuring they won’t be closed due to a lack of investor interest.

Interestingly, Bloomberg reported in March that BlackRock (BLK) introduced iShares Evolved, a group of actively managed ETFs that will use machine learning and natural language processing to pick the stocks that are held by the funds.

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Therefore, a company like Amazon.com (AMZN), which traditionally gets slotted in a retail or consumer discretionary sector ETF, will be held by both its technology and discretionary spending ETFs.

I’ve long thought someone should introduce a sports ETF because of how many sectors sports businesses cross in their day-to-day operations. For example, CBS Corporation (CBS) is a media company but it’s also a sports business owning several sports-related broadcasting entities.

While most investors consider sector ETFs a way to plug holes in one’s portfolio, I see all seven of the sector ETFs listed here being good to own for the long haul.

Prices and data are from the original InvestorPlace story published on Apr. 17. Click on ticker-symbol links in each slide for current prices and more.

SEE ALSO FROM KIPLINGER: 10 Funds That Can Beat the Market for Another Decade

This slide show is from InvestorPlace, not the Kiplinger editorial staff.

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