The Math Shows EIPX Can Go To $25 Monday, March 11, 7:15 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Tuesday Sector Laggards: Utilities, Financial Tuesday, March 12, 2:42 PM ET, by Market News Video Staff The worst performing sector as of midday Tuesday is the Utilities sector, showing a 1.1% ...
Sum Up The Parts: RAAX Could Be Worth $29 Wednesday, March 13, 6:58 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Friday Sector Laggards: Energy, Utilities
By Market News Video Staff, Friday, July 2, 4:27 PM ET
Looking at the sectors faring worst as of midday Friday, shares of Energy companies are underperforming other sectors, showing a 0.4% loss. Within that group, Marathon Oil Corp. (NYSE:MRO) and Devon Energy Corp. (NYSE:DVN) are two of the day's laggards, showing a loss of 2.0% and 1.8%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (NYSE:XLE), which is down 0.3% on the day, and up 46.93% year-to-date. Marathon Oil Corp., meanwhile, is up 109.30% year-to-date, and Devon Energy Corp. is up 90.13% year-to-date. Combined, MRO and DVN make up approximately 3.0% of the underlying holdings of XLE.
The next worst performing sector is the Utilities sector, showing a 0.1% loss. Among large Utilities stocks, AES Corp (NYSE:AES) and FirstEnergy Corp (NYSE:FE) are the most notable, showing a loss of 0.7% and 0.7%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is flat on the day in midday trading, and up 3.43% on a year-to-date basis. AES Corp, meanwhile, is up 12.52% year-to-date, and FirstEnergy Corp is up 24.71% year-to-date. Combined, AES and FE make up approximately 4.2% of the underlying holdings of XLU.
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 Friday. As you can see, six sectors are up on the day, while three sectors are down.
Sector
% Change
Technology & Communications
+0.7%
Healthcare
+0.4%
Industrial
+0.4%
Consumer Products
+0.1%
Services
+0.1%
Financial
+0.1%
Utilities
-0.1%
Materials
-0.1%
Energy
-0.4%
This Article's Word Cloud:AmongBuyingChangeCombinedCommunicationsComparingConsumerCorpDevonETFsEnergyFinancialFirstEnergyFridayHealthcareHereIndustrialInsidersLookingMarathonMaterialsNYSEProductsSPDRSectorSelectServicesStartStocksUtilitiesapproximatelybasisdatedownfaringholdingslossmakemeanwhilemiddayrespectivelysectorsectorsshowingstockstradingunderlyingwhichworstyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.