Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, higher by 0.8%. Within that group, Vistra Corp (Symbol: VST) and Constellation Energy Corp (Symbol: CEG) are two large stocks leading the way, showing a gain of 4.0% and 2.5%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.9% on the day, and up 8.63% year-to-date. Vistra Corp, meanwhile, is up 26.00% year-to-date, and Constellation Energy Corp is up 34.27% year-to-date. Combined, VST and CEG make up approximately 12.1% of the underlying holdings of XLU.
The next best performing sector is the Technology & Communications sector, up 0.4%. Among large Technology & Communications stocks, Oracle Corp (Symbol: ORCL) and Gen Digital Inc (Symbol: GEN) are the most notable, showing a gain of 13.9% and 3.3%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 1.0% in midday trading, and up 4.52% on a year-to-date basis. Oracle Corp, meanwhile, is up 21.06% year-to-date, and Gen Digital Inc is up 11.98% year-to-date. Combined, ORCL and GEN make up approximately 3.5% 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 Thursday. As you can see, six sectors are up on the day, while two sectors are down.
| Sector | % Change |
|---|---|
| Utilities | +0.8% |
| Technology & Communications | +0.4% |
| Healthcare | +0.3% |
| Financial | +0.2% |
| Materials | +0.2% |
| Energy | +0.2% |
| Industrial | -0.0% |
| Consumer Products | -0.2% |
| Services | -0.3% |
25 Dividend Giants Widely Held By ETFs »
Also see:
Andreas Halvorsen Stock Picks
CRO Historical Stock Prices
SYTA YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
