Utilities Select Sector SPDR XLU, Vanguard Utilities ETF (VPU) and iShares U.S. Utilities ETF IDU are some of the winners. Utilities Select Sector SPDR ETF (XLU): ETF Research Reports Signing of ‘Inflation Reduction Act’ U.S. President Joe Biden has also signed a $740 billion climate change, healthcare and tax ‘Inflation Reduction Act.’ The coming Democratic message will likely focus on the aspects of the bill that could improve Americans' lives immediately — including tax credits for electric vehicles and energy-efficient home improvements and key health care provisions.