In afternoon trading on Thursday, Industrial stocks are the best performing sector, higher by 2.0%. Within that group, RTX Corp (Symbol: RTX) and Southwest Airlines Co (Symbol: LUV) are two large stocks leading the way, showing a gain of 10.3% and 6.8%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is up 1.8% on the day, and up 10.71% year-to-date. RTX Corp, meanwhile, is up 38.90% year-to-date, and Southwest Airlines Co, is down 0.37% year-to-date. Combined, RTX and LUV make up approximately 4.4% of the underlying holdings of XLI.
The next best performing sector is the Materials sector, up 1.9%. Among large Materials stocks, Masco Corp. (Symbol: MAS) and Mohawk Industries, Inc. (Symbol: MHK) are the most notable, showing a gain of 8.3% and 6.5%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is up 1.0% in midday trading, and up 6.73% on a year-to-date basis. Masco Corp., meanwhile, is up 15.04% year-to-date, and Mohawk Industries, Inc. is up 30.92% year-to-date.
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, seven sectors are up on the day, while two sectors are down.
| Sector | % Change |
|---|---|
| Industrial | +2.0% |
| Materials | +1.9% |
| Energy | +1.3% |
| Financial | +1.2% |
| Technology & Communications | +0.9% |
| Healthcare | +0.4% |
| Services | +0.3% |
| Consumer Products | -0.1% |
| Utilities | -0.4% |
25 Dividend Giants Widely Held By ETFs »
Also see:
Funds Holding KDIV
Institutional Holders of SJIM
DMXF Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
