The Consumer Non-cyclicals sector ranks third out of the 11 sectors as detailed in our 4Q23 Sector Ratings for ETFs and Mutual Funds report. Last quarter, the Consumer Non-cyclicals sector ranked second. It gets our Attractive rating, which is based on an aggregation of ratings of the 157 stocks in the Consumer Non-cyclicals sector as of October 11, 2023. See a recap of our 3Q23 Sector Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the sector. Not all Consumer Non-cyclicals sector ETFs and mutual funds are created the same. The number of holdings varies widely (from 22 to 106). This variation creates drastically different investment implications and, therefore, ratings.