Utilities ETF FXU Rises 17% Annually Amid Increased Data Center Power Demand
The First Trust Utilities AlphaDEX Fund (FXU) has gained 17% over the past year, driven by rising electricity demand from data centers. The fund's performance reflects growing utility sector growth fueled by AI-driven power needs.
Tickers: $ES $FXU $NFG $PNW $UGI
Topics: AI demand data centers ETFs utilities