In afternoon trading on Wednesday, Materials stocks are the worst performing sector, showing a 0.8% loss. Within the sector, FMC Corp. (Symbol: FMC) and Bunge Global SA (Symbol: BG) are two large stocks that are lagging, showing a loss of 31.8% and 5.5%, respectively. Among the high volume ETFs, one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is up 0.2% on the day, and up 6.19% year-to-date. FMC Corp., meanwhile, is down 22.99% year-to-date, and Bunge Global SA, is down 8.87% year-to-date. FMC makes up approximately 0.4% of the underlying holdings of XLB.
The next worst performing sector is the Services sector, showing a 0.4% loss. Among large Services stocks, Match Group Inc (Symbol: MTCH) and Alphabet Inc (Symbol: GOOGL) are the most notable, showing a loss of 7.4% and 7.4%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is down 0.5% in midday trading, and up 4.70% on a year-to-date basis. Match Group Inc, meanwhile, is up 3.85% year-to-date, and Alphabet Inc is up 0.97% year-to-date.
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, seven sectors are up on the day, while two sectors are down.
| Sector | % Change |
|---|---|
| Utilities | +1.5% |
| Healthcare | +1.0% |
| Technology & Communications | +1.0% |
| Financial | +0.6% |
| Consumer Products | +0.2% |
| Industrial | +0.2% |
| Energy | +0.2% |
| Services | -0.4% |
| Materials | -0.8% |
10 ETFs With Stocks That Insiders Are Buying »
Also see:
AMRX Stock Predictions
Funds Holding DSOC
Funds Holding TGL
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
