Markets

Friday Sector Leaders: Healthcare, Energy

Looking at the sectors faring best as of midday Friday, shares of Healthcare companies are outperforming other sectors, up 1.5%. Within that group, DENTSPLY SIRONA Inc (Symbol: XRAY) and ABIOMED, Inc. (Symbol: ABMD) are two large stocks leading the way, showing a gain of 17.3% and 4.8%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 1.3% on the day, and up 7.35% year-to-date. DENTSPLY SIRONA Inc, meanwhile, is up 31.66% year-to-date, and ABIOMED, Inc. is up 7.83% year-to-date. Combined, XRAY and ABMD make up approximately 0.7% of the underlying holdings of XLV.

The next best performing sector is the Energy sector, up 1.3%. Among large Energy stocks, Marathon Oil Corp. (Symbol: MRO) and EOG Resources, Inc. (Symbol: EOG) are the most notable, showing a gain of 2.5% and 2.1%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is up 1.1% in midday trading, and up 15.07% on a year-to-date basis. Marathon Oil Corp., meanwhile, is up 18.94% year-to-date, and EOG Resources, Inc. is up 10.35% year-to-date. Combined, MRO and EOG make up approximately 5.3% of the underlying holdings of XLE.

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, eight sectors are up on the day, while one sector is down.

Sector % Change
Healthcare +1.5%
Energy +1.3%
Services +0.6%
Technology & Communications +0.6%
Consumer Products +0.4%
Materials +0.3%
Industrial +0.2%
Financial +0.1%
Utilities -0.2%

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


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

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ABMD XRAY MRO XLE XLV

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