The best performing sector as of midday Wednesday is the Consumer Products sector, higher by 0.8%. Within that group, Keurig Green Mountain Inc (Symbol: GMCR) and Hormel Foods Corp. (Symbol: HRL) are two of the day's stand-outs, showing a gain of 8.8% and 3.5%, respectively. Among consumer products ETFs , one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is up 0.4% on the day, and up 6.07% year-to-date. Keurig Green Mountain Inc, meanwhile, is down 59.00% year-to-date, and Hormel Foods Corp. is up 43.61% year-to-date. Combined, GMCR and HRL make up approximately 0.8% of the underlying holdings of IYK.
The next best performing sector is the Services sector, up 0.8%. Among large Services stocks, Bed, Bath & Beyond, Inc. (Symbol: BBBY) and Macy's Inc (Symbol: M) are the most notable, showing a gain of 2.6% and 2.4%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF ( IYC ), which is up 0.6% in midday trading, and up 8.38% on a year-to-date basis. Bed, Bath & Beyond, Inc., meanwhile, is down 27.08% year-to-date, and Macy's Inc, is down 36.70% year-to-date. Combined, BBBY and M make up approximately 0.7% of the underlying holdings of IYC.
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, five sectors are up on the day, while three sectors are down.
Technology & Communications