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XLI

Tuesday Sector Leaders: Materials, Industrial

Shutterstock photo
Shutterstock photo

Shutterstock photo

In afternoon trading on Tuesday, Materials stocks are the best performing sector, up 1.2%. Within that group, Albemarle Corp. (Symbol: ALB) and Freeport-McMoran Copper & Gold (Symbol: FCX) are two large stocks leading the way, showing a gain of 4.3% and 3.4%, respectively. Among the high volume ETFs , one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is up 1.6% on the day, and up 0.30% year-to-date. Albemarle Corp., meanwhile, is down 21.35% year-to-date, and Freeport-McMoran Copper & Gold, is down 0.79% year-to-date. Combined, ALB and FCX make up approximately 5.6% of the underlying holdings of XLB.

The next best performing sector is the Industrial sector, higher by 0.5%. Among large Industrial stocks, Lam Research Corp (Symbol: LRCX) and W.W. Grainger Inc. (Symbol: GWW) are the most notable, showing a gain of 4.9% and 4.5%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF ( XLI ), which is up 0.3% in midday trading, and up 0.83% on a year-to-date basis. Lam Research Corp, meanwhile, is up 12.95% year-to-date, and W.W. Grainger Inc. is up 15.45% year-to-date. GWW makes up approximately 0.7% 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 Tuesday. As you can see, seven sectors are up on the day, while two sectors are down.

Sector % Change
Materials +1.2%
Industrial +0.5%
Services +0.4%
Financial +0.4%
Technology & Communications +0.4%
Consumer Products +0.3%
Energy +0.1%
Healthcare -0.2%
Utilities -1.1%

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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.

In This Story

XLI XLB FCX LRCX ALB

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