Friday Sector Leaders: Utilities, Materials

In afternoon trading on Friday, Utilities stocks are the best performing sector, up 0.8%. Within the sector, NRG Energy Inc (Symbol: NRG) and Ameren Corp (Symbol: AEE) are two of the day’s stand-outs, showing a gain of 2.0% and 1.3%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.1% on the day, and up 5.74% year-to-date. NRG Energy Inc, meanwhile, is up 49.14% year-to-date, and Ameren Corp is up 5.76% year-to-date. Combined, NRG and AEE make up approximately 3.0% of the underlying holdings of XLU.

The next best performing sector is the Materials sector, higher by 0.7%. Among large Materials stocks, CF Industries Holdings Inc (Symbol: CF) and Albemarle Corp. (Symbol: ALB) are the most notable, showing a gain of 2.4% and 2.3%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF ( XLB ), which is up 0.3% in midday trading, and up 5.51% on a year-to-date basis. CF Industries Holdings Inc, meanwhile, is down 5.69% year-to-date, and Albemarle Corp. is up 23.97% year-to-date. Combined, CF and ALB make up approximately 3.3% of the underlying holdings of XLB.

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:

Portfolio Channel

Here’s a snapshot of how the SP 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, seven sectors are up on the day, while two sectors are down.

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