Friday Sector Laggards: Technology & Communications, Financial

The worst performing sector as of midday Friday is the Technology & Communications sector, showing a 0.3% loss. Within that group, Adobe Inc (Symbol: ADBE) and Western Digital Corp (Symbol: WDC) are two large stocks that are lagging, showing a loss of 5.3% and 3.1%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 0.1% on the day, and up 6.06% year-to-date. Adobe Inc, meanwhile, is down 6.31% year-to-date, and Western Digital Corp is up 3.65% year-to-date. Combined, ADBE and WDC make up approximately 2.9% of the underlying holdings of XLK.

The next worst performing sector is the Financial sector, showing a 0.2% loss. Among large Financial stocks, Digital Realty Trust Inc (Symbol: DLR) and Comerica, Inc. (Symbol: CMA) are the most notable, showing a loss of 7.5% and 2.6%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is flat on the day in midday trading, and up 5.80% on a year-to-date basis. Digital Realty Trust Inc, meanwhile, is up 2.16% year-to-date, and Comerica, Inc., is down 10.34% year-to-date. CMA makes up approximately 0.1% 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:

{{ InlineImage1 }}

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, five sectors are up on the day, while three sectors are down.

25 Dividend Giants Widely Held By ETFs »

Also see: