Group 1 - Recent concerns regarding the valuation of AI stocks have led to increased investor interest in defensive sectors, particularly health care [1] - The unlevered Health Care Select Sector SPDR Fund ETF (XLV) is showing marginal outperformance compared to the SPDR [1] Group 2 - The article reflects a long-term fundamental investment approach, with a focus on sectors like REITs, preferred stocks, and high-yield bonds [1]

分组1 - The Health Care sector has outperformed the S&P 500 in 2025, with the Health Care Select Sector SPDR Fund ETF (XLV) returning -1.5% year to date, which is significantly better than the SPDR S&P 500 ETF [1]