Monday Sector Laggards: Energy, Materials

Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 0.4% loss. Within the sector, Diamondback Energy, Inc. (Symbol: FANG) and Coterra Energy Inc (Symbol: CTRA) are two large stocks that are lagging, showing a loss of 1.8% and 1.7%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 0.2% on the day, and up 13.08% year-to-date. Diamondback Energy, Inc., meanwhile, is up 28.26% year-to-date, and Coterra Energy Inc, is down 1.65% year-to-date. Combined, FANG and CTRA make up approximately 3.8% of the underlying holdings of XLE.

The next worst performing sector is the Materials sector, up 0.2%. Among large Materials stocks, Freeport-McMoran Copper & Gold (Symbol: FCX) and Albemarle Corp. (Symbol: ALB) are the most notable, showing a loss of 2.7% and 2.6%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 0.2% in midday trading, and up 13.69% on a year-to-date basis. Freeport-McMoran Copper & Gold, meanwhile, is up 15.45% year-to-date, and Albemarle Corp., is down 30.37% year-to-date. Combined, FCX and ALB make up approximately 6.7% 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 Monday. As you can see, eight sectors are up on the day, while one sector is down.

25 Dividend Giants Widely Held By ETFs »

Also see:

• CAGZ Insider Buying
• ETFs Holding HZNP
• KLXI Split History

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