The Utilities sector ranks tenth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Very Dangerous rating, which is based on aggregation of ratings of 9 ETFs and 33 mutual funds in the Utilities sector as of July 17,2014.

Finding the best mutual funds is an increasingly difficult task in a world with so many from which to choose. There are at least 231 different Financials mutual funds and at least 630 mutual funds across all sectors. Do investors need that many choices?

There are at least 213 different Financial mutual funds and at least 601 mutual funds across all sectors. Do investors need that many choices? How different can the mutual funds be?