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.

25 Dividend Giants Widely Held By ETFs ยป

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

In This Story


Latest Markets Videos

BNK Invest

BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

Learn More