Download This PaperDo Sector Etfs Outperform Treasury Bills?
18 Pages Posted: 22 Aug 2022
Abstract
Unlike individual stocks, more than 67% of sector ETFs have lifetime buy-and-hold returns that are higher than the T-bill rates. Thus, the majority of sector ETFs outperform T-bills. However, less than 26% of sector ETFs have lifetime buy-and-hold returns that are higher than SPY, an index ETF that is a proxy for the overall stock market. Consequently, most sector ETFs underperform the market index.
Keywords: Sector ETFs, Treasury bills, Market index, performance
Suggested Citation: Suggested Citation
Huang, Gow-Cheng and Liano, Kartono, Do Sector Etfs Outperform Treasury Bills?. Available at SSRN: https://ssrn.com/abstract=4196830
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.