Looking at the sectors faring worst as of midday Thursday, shares of Technology & Communications companies are underperforming other sectors, showing a 0.2% loss. Within the sector, Electronic Arts, Inc. (Symbol: EA) and Micron Technology Inc. (Symbol: MU) are two of the day's laggards, showing a loss of 16.7% and 3.2%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 0.3% on the day, and up 3.51% year-to-date. Electronic Arts, Inc., meanwhile, is down 18.93% year-to-date, and Micron Technology Inc. is up 25.69% year-to-date. MU makes up approximately 1.2% of the underlying holdings of XLK.
The next worst performing sector is the Financial sector, higher by 0.2%. Among large Financial stocks, Berkley Corp (Symbol: WRB) and Travelers Companies Inc (Symbol: TRV) are the most notable, showing a loss of 3.1% and 2.1%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is up 0.5% in midday trading, and up 4.83% on a year-to-date basis. Berkley Corp, meanwhile, is down 2.19% year-to-date, and Travelers Companies Inc is up 0.29% year-to-date. Combined, WRB and TRV make up approximately 1.0% of the underlying holdings of XLF.
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 Thursday. As you can see, eight sectors are up on the day, while one sector is down.
| Sector | % Change |
|---|---|
| Materials | +0.7% |
| Services | +0.6% |
| Healthcare | +0.6% |
| Utilities | +0.4% |
| Energy | +0.4% |
| Consumer Products | +0.3% |
| Industrial | +0.3% |
| Financial | +0.2% |
| Technology & Communications | -0.2% |
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Also see:
TGI YTD Return
Institutional Holders of PTP
Top Ten Hedge Funds Holding QLV
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
