It’s one of Wall Street’s best-known maxims: The “Dogs of the Dow” principle, holding that Dow Jones Industrial Average companies whose stocks underperform the broad market in a given year but are basically healthy typically will bounce back and maybe even outperform the market the next year. And it generally holds true. But does a similar rule apply to sectors of the S&P 500, and sector-based mutual funds and exchange-traded funds? Inquiring energy investors, in particular, may want to know.

Source: Wall Street Journal February 10, 2020 03:11 UTC