In afternoon trading on Wednesday, Energy stocks are the worst performing sector, showing a 0.5% loss. Within that group, Devon Energy Corp. (Symbol: DVN) and Helmerich & Payne, Inc. (Symbol: HP) are two large stocks that are lagging, showing a loss of 3.1% and 2.3%, respectively. Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 0.4% on the day, and down 2.59% year-to-date. Devon Energy Corp., meanwhile, is down 2.50% year-to-date, and Helmerich & Payne, Inc., is down 9.94% year-to-date. Combined, DVN and HP make up approximately 2.4% of the underlying holdings of XLE.
The next worst performing sector is the Utilities sector, showing a 0.4% loss. Among large Utilities stocks, Dominion Resources Inc (Symbol: D) and WEC Energy Group Inc (Symbol: WEC) are the most notable, showing a loss of 1.3% and 1.0%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is down 0.6% in midday trading, and up 0.66% on a year-to-date basis. Dominion Resources Inc, meanwhile, is down 5.74% year-to-date, and WEC Energy Group Inc, is down 2.27% year-to-date. Combined, D and WEC make up approximately 10.2% of the underlying holdings of XLU.
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 Wednesday. As you can see, six sectors are up on the day, while two sectors are down.
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