DVN

Tuesday Sector Laggards: Energy, Technology & Communications

The worst performing sector as of midday Tuesday is the Energy sector, showing a 1.4% loss. Within that group, Devon Energy Corp. (Symbol: DVN) and ONEOK Inc (Symbol: OKE) are two of the day's laggards, showing a loss of 3.3% and 2.9%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 1.2% on the day, and up 4.87% year-to-date. Devon Energy Corp., meanwhile, is up 10.28% year-to-date, and ONEOK Inc, is down 4.06% year-to-date. Combined, DVN and OKE make up approximately 5.8% of the underlying holdings of XLE.

The next worst performing sector is the Technology & Communications sector, showing a 0.5% loss. Among large Technology & Communications stocks, Super Micro Computer Inc (Symbol: SMCI) and Intel Corp (Symbol: INTC) are the most notable, showing a loss of 10.0% and 4.1%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is down 0.8% in midday trading, and down 1.29% on a year-to-date basis. Super Micro Computer Inc, meanwhile, is up 52.36% year-to-date, and Intel Corp is up 16.03% year-to-date. Combined, SMCI and INTC make up approximately 1.4% of the underlying holdings of XLK.

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:

ETF Channel

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, six sectors are up on the day, while three sectors are down.

Sector% Change
Materials+0.7%
Consumer Products+0.6%
Services+0.5%
Financial+0.5%
Healthcare+0.3%
Industrial+0.3%
Utilities-0.3%
Technology & Communications-0.5%
Energy-1.4%

25 Dividend Giants Widely Held By ETFs »

Also see:

• SON shares outstanding history
• Funds Holding HFEN
• OILK YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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