Looking at the sectors faring best as of midday Friday, shares of Financial companies are outperforming other sectors, up 0.5%. Within that group, CBRE Group Inc (Symbol: CBRE) and Raymond James Financial Inc (Symbol: RJF) are two large stocks leading the way, showing a gain of 2.1% and 2.1%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is up 0.5% on the day, and up 13.04% year-to-date. CBRE Group Inc, meanwhile, is up 20.75% year-to-date, and Raymond James Financial Inc is up 17.18% year-to-date. RJF makes up approximately 0.3% of the underlying holdings of XLF.
The next best performing sector is the Healthcare sector, up 0.4%. Among large Healthcare stocks, ABIOMED, Inc. (Symbol: ABMD) and Nektar Therapeutics (Symbol: NKTR) are the most notable, showing a gain of 3.3% and 2.4%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.3% in midday trading, and up 4.05% on a year-to-date basis. ABIOMED, Inc., meanwhile, is down 16.51% year-to-date, and Nektar Therapeutics is up 3.04% year-to-date. Combined, ABMD and NKTR make up approximately 0.5% of the underlying holdings of XLV.
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, five sectors are up on the day, while three sectors are down.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.