ETFs seeking to replicate the performance of utilities stocks indices indices experienced a surge of inflows on yesterday’s market session with +$80,31M of new shares despite a negative daily performance standing at -2.09%. The utility sector is composed of companies providing basic services such as but not limited to water, electricity and natural gas servicing. Yesterday’s surge of inflows brought the year-to-date cumulated flows back to positive levels at $+103,87M. Over the same period, ETFs included in the segment progressed on average by 4,95%. With the coronavirus spreading and pandemic fears intensifying, utilities stocks are a popular destination for anxious and defensive investors who want to remain invested in equities. 11 funds replicating the performance of 8 indices are included in the segment for a total of $1,9Bn of assets under management.