The worst performing sector as of midday Friday is the Materials sector, showing a 1.3% loss. Within that group, Sealed Air Corp (Symbol: SEE) and FMC Corp. (Symbol: FMC) are two large stocks that are lagging, showing a loss of 3.8% and 2.7%, respectively. Among the high volume ETFs , one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is down 1.2% on the day, and down 2.02% year-to-date. Sealed Air Corp, meanwhile, is down 18.48% year-to-date, and FMC Corp., is down 6.93% year-to-date. Combined, SEE and FMC make up approximately 3.2% of the underlying holdings of XLB.
The next worst performing sector is the Financial sector, showing a 1.0% loss. Among large Financial stocks, Brighthouse Financial Inc (Symbol: BHF) and MetLife Inc (Symbol: MET) are the most notable, showing a loss of 6.1% and 3.5%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF ( XLF ), which is down 1.2% in midday trading, and up 0.96% on a year-to-date basis. Brighthouse Financial Inc, meanwhile, is down 31.75% year-to-date, and MetLife Inc, is down 9.48% year-to-date. Combined, BHF and MET make up approximately 1.5% of the underlying holdings of XLF.
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, one sector is up on the day, while eight sectors are down.
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