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24 June
Monday Sector Leaders: Energy, Utilities

Looking at the sectors faring best as of midday Monday, shares of Energy companies are outperforming other sectors, higher by 2.6%. Within the sector, Devon Energy Corp. (Symbol: DVN) and APA Corp (Symbol: APA) are two large stocks leading the way, showing a gain of 4.3% and 4.3%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is up 1.6% on the day, and up 9.61% year-to-date. Devon Energy Corp., meanwhile, is up 7.25% year-to-date, and APA Corp, is down 16.93% year-to-date. Combined, DVN and APA make up approximately 2.5% of the underlying holdings of XLE.

The next best performing sector is the Utilities sector, higher by 1.3%. Among large Utilities stocks, NRG Energy Inc (Symbol: NRG) and Vistra Corp (Symbol: VST) are the most notable, showing a gain of 2.8% and 2.6%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.5% in midday trading, and up 10.91% on a year-to-date basis. NRG Energy Inc, meanwhile, is up 60.61% year-to-date, and Vistra Corp is up 132.41% year-to-date. Combined, NRG and VST make up approximately 4.5% 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 Monday. As you can see, eight sectors are up on the day, while one sector is down.

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Also see:

FREE Insider Buying
OTTR Dividend History
Institutional Holders of XSOE

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.