Tuesday Sector Leaders: Financial, Energy

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Looking at the sectors faring best as of midday Tuesday, shares of Financial companies are outperforming other sectors, higher by 0.3%. Within that group, Bank of America Corp. (Symbol: BAC) and The Charles Schwab Corporation (Symbol: SCHW) are two of the day's stand-outs, showing a gain of 2.1% and 2.0%, respectively. Among financial ETFs , one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is up 0.7% on the day, and up 4.82% year-to-date. Bank of America Corp., meanwhile, is up 6.43% year-to-date, and The Charles Schwab Corporation is up 8.56% year-to-date. Combined, BAC and SCHW make up approximately 9.6% of the underlying holdings of XLF.

The next best performing sector is the Energy sector, higher by 0.2%. Among large Energy stocks, Chesapeake Energy Corp. (Symbol: CHK) and Valero Energy Corp. (Symbol: VLO) are the most notable, showing a gain of 2.8% and 1.9%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is up 0.3% in midday trading, and down 13.33% on a year-to-date basis. Chesapeake Energy Corp., meanwhile, is down 31.62% year-to-date, and Valero Energy Corp. is up 0.50% year-to-date. Combined, CHK and VLO make up approximately 2.8% of the underlying holdings of XLE.

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 Tuesday. As you can see, two sectors are up on the day, while six sectors are down.

Sector % Change
Financial +0.3%
Energy +0.2%
Services -0.0%
Industrial -0.4%
Healthcare -0.6%
Materials -0.7%
Consumer Products -0.8%
Utilities -1.1%
Technology & Communications -1.6%

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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.

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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