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Thursday Sector Laggards: Energy, Industrial

Looking at the sectors faring worst as of midday Thursday, shares of Energy companies are underperforming other sectors, showing a 1.8% loss. Within that group, Apache Corp (Symbol: APA) and Marathon Oil Corp. (Symbol: MRO) are two of the day's laggards, showing a loss of 5.6% and 5.4%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 1.5% on the day, and up 12.18% year-to-date. Apache Corp, meanwhile, is up 15.92% year-to-date, and Marathon Oil Corp. is up 9.38% year-to-date. Combined, APA and MRO make up approximately 2.1% of the underlying holdings of XLE.

The next worst performing sector is the Industrial sector, showing a 0.5% loss. Among large Industrial stocks, Fluor Corp. (Symbol: FLR) and Huntington Ingalls Industries, Inc. (Symbol: HII) are the most notable, showing a loss of 24.2% and 6.0%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is down 0.3% in midday trading, and up 20.68% on a year-to-date basis. Fluor Corp., meanwhile, is down 7.20% year-to-date, and Huntington Ingalls Industries, Inc. is up 10.72% year-to-date. Combined, FLR and HII make up approximately 0.5% of the underlying holdings of XLI.

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 Thursday. As you can see, four sectors are up on the day, while four sectors are down.

Sector % Change
Healthcare +0.5%
Financial +0.2%
Utilities +0.1%
Technology & Communications +0.1%
Materials 0.0%
Consumer Products -0.2%
Services -0.2%
Industrial -0.5%
Energy -1.8%

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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.

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APA MRO XLE FLR HII

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