The worst performing sector as of midday Tuesday is the Energy sector, showing a 0.7% loss. Within that group, Diamondback Energy, Inc. (NASDAQ:FANG) and Occidental Petroleum Corp (NYSE:OXY) are two large stocks that are lagging, showing a loss of 2.6% and 2.5%, 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 58.99% year-to-date. Diamondback Energy, Inc., meanwhile, is up 134.40% year-to-date, and Occidental Petroleum Corp is up 93.21% year-to-date. Combined, FANG and OXY make up approximately 3.1% of the underlying holdings of XLE.
The next worst performing sector is the Financial sector, showing a 0.6% loss. Among large Financial stocks, Wells Fargo & Co (NYSE:WFC) and Prudential Financial Inc (NYSE:PRU) are the most notable, showing a loss of 3.0% and 2.4%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is down 1.2% in midday trading, and up 36.46% on a year-to-date basis. Wells Fargo & Co, meanwhile, is up 65.49% year-to-date, and Prudential Financial Inc is up 43.32% year-to-date. Combined, WFC and PRU make up approximately 3.8% 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 Tuesday. As you can see, one sector is up on the day, while seven sectors are down.
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