Investors are getting dumber

 Investors are getting dumber



In 2017, the Global Financial Literacy Excellence Center issued its first P-Fin Index, a 28-question survey that serves as a barometer of financial literacy among US adults. It covers topics like borrowing, saving, consuming, wages, go-to info sources, investing, insuring, and comprehending risk.

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Index Performance

  ETF P/E Ratio 12M Forward YTD Performance Communication Services Select Sector SPDR Fund  (NYSE: XLC ) 14.9x 37.68% Technology Select Sector SPDR Fund  (NYSE: XLK ) 24.6x 32.97% Consumer Discretionary   Select Sector SPDR Fund  (NYSE: XLY ) 22.8x 25.45% SPDR S&P 500 ETF Trust  (NYSE: SPY ) 18.8x 13.80% Industrials   Select Sector SPDR Fund  (NYSE: XLI ) 18.1x 4.91% Energy Select Sector SPDR Fund  (NYSE: XLE ) 11.8x 4.85% Materials   Select Sector SPDR Fund  (NYSE: XLB ) 17.8x 2.32% Financial Select Sector SPDR Fund  (NYSE: XLF ) 13.7x -0.20% Health Care   Select Sector SPDR Fund  (NYSE: XLV ) 17.2x -3.03% Real Estate   Select Sector SPDR Fund  (NYSE: XLRE ) 32.9x -4.06% Consumer Staples   Select Sector SPDR Fund  (NYSE: XLP ) 18.9x -4.15% Utilities Select Sector SPDR Fund  (NYSE: XLU ) 16.2x -8.10% Source: Koyfin, data as of Sept. 25, 2023
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