The worst performing sector as of midday Thursday is the Energy sector, showing a 1.2% loss. Within that group, NOV Inc (NYSE:NOV) and Occidental Petroleum Corp (NYSE:OXY) are two large stocks that are lagging, showing a loss of 3.0% and 2.6%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is down 1.0% on the day, and up 29.85% year-to-date. NOV Inc, meanwhile, is down 2.51% year-to-date, and Occidental Petroleum Corp is up 43.76% year-to-date. Combined, NOV and OXY make up approximately 3.1% of the underlying holdings of XLE.
The next worst performing sector is the Financial sector, higher by 0.2%. Among large Financial stocks, Truist Financial Corp (NYSE:TFC) and The Charles Schwab Corporation (NYSE:SCHW) are the most notable, showing a loss of 4.8% and 3.4%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is down 0.4% in midday trading, and up 19.36% on a year-to-date basis. Truist Financial Corp, meanwhile, is up 19.51% year-to-date, and The Charles Schwab Corporation is up 23.19% year-to-date. Combined, TFC and SCHW make up approximately 4.5% of the underlying holdings of XLF.
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 Thursday. As you can see, eight sectors are up on the day, while one sector is down.
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