Friday Sector Leaders: Energy, Materials

Looking at the sectors faring best as of midday Friday, shares of Energy companies are outperforming other sectors, higher by 3.2%. Within that group, Anadarko Petroleum Corp (Symbol: APC) and Pioneer Natural Resources Co (Symbol: PXD) are two large stocks leading the way, showing a gain of 32.6% and 11.0%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 0.6% on the day, and up 19.10% year-to-date. Anadarko Petroleum Corp, meanwhile, is up 42.23% year-to-date, and Pioneer Natural Resources Co is up 27.57% year-to-date. Combined, APC and PXD make up approximately 4.8% of the underlying holdings of XLE.

The next best performing sector is the Materials sector, up 1.3%. Among large Materials stocks, Dow Inc (Symbol: DOW) and Freeport-McMoran Copper & Gold (Symbol: FCX) are the most notable, showing a gain of 5.5% and 3.4%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 1.3% in midday trading, and up 15.47% on a year-to-date basis. Dow Inc, meanwhile, is up 16.31% year-to-date, and Freeport-McMoran Copper & Gold is up 34.53% year-to-date. Combined, DOW and FCX make up approximately 9.8% 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, seven sectors are up on the day, while one sector is down.

10 ETFs With Stocks That Insiders Are Buying »

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


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.