The worst performing sector as of midday Monday is the Financial sector, higher by 0.9%. Within that group, Citigroup Inc (NYSE:C) and Welltower Inc (WELL) are two large stocks that are lagging, showing a loss of 0.7% and 0.4%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (AMEX:XLF), which is up 0.9% on the day, and down 0.38% year-to-date. Citigroup Inc, meanwhile, is down 4.76% year-to-date, and Welltower Inc, is down 16.41% year-to-date. C makes up approximately 5.4% of the underlying holdings of XLF.
The next worst performing sector is the Technology & Communications sector, higher by 0.9%. Among large Technology & Communications stocks, Microchip Technology Inc (NASDAQ:MCHP) and Qualcomm Inc (NASDAQ:QCOM) are the most notable, showing a loss of 1.4% and 1.2%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 0.8% in midday trading, and up 4.92% on a year-to-date basis. Microchip Technology Inc, meanwhile, is down 1.57% year-to-date, and Qualcomm Inc, is down 13.07% year-to-date. Combined, MCHP and QCOM make up approximately 1.7% 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:
Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, nine sectors are up on the day, while none of the sectors are down.
Technology & Communications
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