The best performing sector as of midday Monday is the Financial sector, up 0.7%. Within that group, GGP Inc (Symbol: GGP) and Macerich Co. (Symbol: MAC) are two large stocks leading the way, showing a gain of 3.6% and 3.1%, respectively. Among financial ETFs , one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is up 1.0% on the day, and up 2.62% year-to-date. GGP Inc, meanwhile, is down 9.49% year-to-date, and Macerich Co. , is down 8.15% year-to-date.
The next best performing sector is the Technology & Communications sector, higher by 0.6%. Among large Technology & Communications stocks, Lam Research Corp (Symbol: LRCX) and Autodesk Inc. (Symbol: ADSK) are the most notable, showing a gain of 2.8% and 2.6%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF ( XLK ), which is up 0.8% in midday trading, and up 13.74% on a year-to-date basis. Lam Research Corp, meanwhile, is up 41.22% year-to-date, and Autodesk Inc. is up 24.93% year-to-date. Combined, LRCX and ADSK make up approximately 0.9% of the underlying holdings of XLK.
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, six sectors are up on the day, while three sectors are down.
Technology & Communications