In trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF (AMEX:XOP) is outperforming other ETFs, up about 3.4% on the day. Components of that ETF showing particular strength include shares of Abraxas Petroleum (NASDAQ:AXAS), up about 11.2% and shares of Mcmoran Exploration (NYSE:MMR), up about 9.2% on the day.
And underperforming other ETFs today is the iShares Dow Jones U.S. Home Construction Index Fund ETF (AMEX:ITB), off about 1.2% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of KB Home (NYSE:KBH), lower by about 13.5%, and shares of Ryland Group (NYSE:RYL), lower by about 3.4% on the day.
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