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.
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