Friday Sector Leaders: Technology & Communications, Energy

Looking at the sectors faring best as of midday Friday, shares of Technology & Communications companies are outperforming other sectors, up 0.5%. Within the sector, First Solar Inc (Symbol: FSLR) and Coinbase Global Inc (Symbol: COIN) are two large stocks leading the way, showing a gain of 13.1% and 6.5%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 0.2% on the day, and up 29.40% year-to-date. First Solar Inc, meanwhile, is up 49.86% year-to-date, and Coinbase Global Inc is up 40.85% year-to-date. FSLR makes up approximately 0.2% of the underlying holdings of XLK.

The next best performing sector is the Energy sector, up 0.4%. Among large Energy stocks, Chevron Corporation (Symbol: CVX) and Expand Energy Corp (Symbol: EXE) are the most notable, showing a gain of 3.3% and 2.4%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is up 0.6% in midday trading, and up 5.32% on a year-to-date basis. Chevron Corporation, meanwhile, is up 13.08% year-to-date, and Expand Energy Corp is up 6.00% year-to-date. Combined, CVX and EXE make up approximately 20.4% 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, three sectors are up on the day, while five sectors are down.

25 Dividend Giants Widely Held By ETFs »

Also see:

• Institutional Holders of PAYX
• CAM Split History
• AXE Insider Buying