The worst performing sector as of midday Friday is the Energy sector, showing a 0.6% loss. Within the sector, ConocoPhillips (Symbol: COP) and Valero Energy Corp. (Symbol: VLO) are two large stocks that are lagging, showing a loss of 2.1% and 2.0%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 0.8% on the day, and down 4.66% year-to-date. ConocoPhillips, meanwhile, is down 5.08% year-to-date, and Valero Energy Corp., is down 3.44% year-to-date. Combined, COP and VLO make up approximately 5.7% of the underlying holdings of XLE.
The next worst performing sector is the Materials sector, showing a 0.5% loss. Among large Materials stocks, WestRock Co (Symbol: WRK) and International Paper Co (Symbol: IP) are the most notable, showing a loss of 3.2% and 2.1%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF ( XLB ), which is down 0.5% in midday trading, and up 5.05% on a year-to-date basis. WestRock Co, meanwhile, is up 4.39% year-to-date, and International Paper Co, is down 0.60% year-to-date. Combined, WRK and IP make up approximately 6.2% of the underlying holdings of XLB.
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:
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, three sectors are up on the day, while five sectors are down.
Technology & Communications
Latest Markets Videos
- The $12 Trillion "Once-in-a-Lifetime" Market Opportunity Investors Won't Want to Miss
- J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels
- Forget Tesla's Battery Day, These EV Stories Are More Important
- ChargePoint, Switchback Energy Acquisition Enter Business Combination Agreement