The Telecom Services sector ranks second out of the 11 sectors as detailed in our 2Q24 Sector Ratings for ETFs and Mutual Funds report. Last quarter, the Telecom Services sector ranked eleventh. It gets our Attractive rating, which is based on an aggregation of ratings of the 34 stocks in the Telecom Services sector as of April 11, 2024. See a recap of our 1Q24 Sector Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the sector. Not all Telecom Services sector ETFs and mutual funds are created the same. The number of holdings varies widely (from 20 to 116). This variation creates drastically different investment implications and, therefore, ratings.