The Industrials sector ranks sixth out of the 11 sectors as detailed in our 4Q23 Sector Ratings for ETFs and Mutual Funds report. Last quarter, the Industrials sector ranked eighth. It gets our Neutral rating, which is based on an aggregation of ratings of the 430 stocks in the Industrials 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 Industrials sector ETFs and mutual funds are created the same. The number of holdings varies widely (from 23 to 386). This variation creates drastically different investment implications and, therefore, ratings.