The best performing sector as of midday Wednesday is the Technology & Communications sector, higher by 1.0%. Within that group, Broadcom Inc (Symbol: AVGO) and CrowdStrike Holdings Inc (Symbol: CRWD) are two large stocks leading the way, showing a gain of 5.9% and 4.9%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 1.7% on the day, and up 25.26% year-to-date. Broadcom Inc, meanwhile, is up 64.36% year-to-date, and CrowdStrike Holdings Inc is up 42.44% year-to-date. Combined, AVGO and CRWD make up approximately 5.3% of the underlying holdings of XLK.
The next best performing sector is the Energy sector, higher by 0.7%. Among large Energy stocks, EQT Corp (Symbol: EQT) and Baker Hughes Company (Symbol: BKR) are the most notable, showing a gain of 5.5% and 2.9%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is up 0.1% in midday trading, and up 10.32% on a year-to-date basis. EQT Corp, meanwhile, is up 19.09% year-to-date, and Baker Hughes Company is up 26.52% year-to-date. Combined, EQT and BKR make up approximately 4.8% of the underlying holdings of XLE.
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, four sectors are up on the day, while five sectors are down.
| Sector | % Change |
|---|---|
| Technology & Communications | +1.0% |
| Energy | +0.7% |
| Services | +0.3% |
| Industrial | +0.3% |
| Consumer Products | -0.2% |
| Materials | -0.2% |
| Financial | -0.4% |
| Utilities | -0.5% |
| Healthcare | -0.6% |
10 ETFs With Stocks That Insiders Are Buying »
Also see:
Energy Stocks You Can Buy Cheaper Than Insiders Did
Top Ten Hedge Funds Holding KFRC
Institutional Holders of SLGG
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
