Utility sector ETFs and mutual funds are in the Danger Zone this week. The pickings in this sector are slim as every single ETF and mutual fund earns a Dangerous or Very Dangerous rating. The Utilities sector ranked last in our Sector Rankings report.

For the second quarter of 2014, only three sectors manage to even earn a Neutral rating. My sector ratings are based on the aggregation of my fund ratings for every ETF and mutual fund in each sector.

This report focuses on my top picks and pans for all sector funds. I will follow this summary with a detailed report on each sector.