Friday Sector Leaders: Utilities, Energy

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Looking at the sectors faring best as of midday Friday, shares of Utilities companies are outperforming other sectors, losing just 0.2%. Within that group, NRG Energy Inc (Symbol: NRG) and Xcel Energy Inc (Symbol: XEL) are two large stocks leading the way, showing a gain of 2.8% and 1.6%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.2% on the day, and up 6.31% year-to-date. NRG Energy Inc, meanwhile, is up 33.90% year-to-date, and Xcel Energy Inc is up 6.60% year-to-date. Combined, NRG and XEL make up approximately 4.3% of the underlying holdings of XLU.

The next best performing sector is the Energy sector, losing just 0.4%. Among large Energy stocks, EQT Corp (Symbol: EQT) and Apache Corp (Symbol: APA) are the most notable, showing a gain of 5.1% and 2.2%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is down 0.5% in midday trading, and down 3.40% on a year-to-date basis. EQT Corp, meanwhile, is down 35.58% year-to-date, and Apache Corp, is down 10.40% year-to-date. Combined, EQT and APA make up approximately 2.6% of the underlying holdings of XLE.

Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:

ETF Channel

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, none of the sectors are up on the day, while nine sectors are down.

Sector % Change
Utilities -0.2%
Energy -0.4%
Consumer Products -0.6%
Financial -0.7%
Services -1.1%
Industrial -1.4%
Healthcare -1.5%
Materials -1.8%
Technology & Communications -2.8%

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas
Referenced Symbols: XLE , NRG , XEL , XLU , EQT

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