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Wednesday Sector Leaders: Energy, Consumer Products

The best performing sector as of midday Wednesday is the Energy sector, up 1.9%. Within that group, APA Corp (Symbol: APA) and EQT Corp (Symbol: EQT) are two large stocks leading the way, showing a gain of 4.6% and 4.4%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 1.9% on the day, and up 9.72% year-to-date. APA Corp, meanwhile, is up 19.64% year-to-date, and EQT Corp is up 34.04% year-to-date. Combined, APA and EQT make up approximately 3.2% of the underlying holdings of XLE.

The next best performing sector is the Consumer Products sector, up 0.8%. Among large Consumer Products stocks, Deckers Outdoor Corp. (Symbol: DECK) and Tesla Inc (Symbol: TSLA) are the most notable, showing a gain of 4.2% and 4.0%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.4% in midday trading, and up 5.23% on a year-to-date basis. Deckers Outdoor Corp., meanwhile, is down 52.91% year-to-date, and Tesla Inc is up 10.57% 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, eight sectors are up on the day, while one sector is down.

Sector % Change
Energy +1.9%
Consumer Products +0.8%
Technology & Communications +0.8%
Industrial +0.8%
Materials +0.8%
Services +0.7%
Financial +0.7%
Healthcare +0.6%
Utilities -0.5%

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Also see:

• Home Furnishing Stores Dividend Stocks
• Top Ten Hedge Funds Holding PXS
• ASAN Options Chain

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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