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Looking at the sectors faring worst as of midday Thursday, shares of Technology & Communications companies are underperforming other sectors, showing a 0.3% loss. Within that group, NVIDIA Corp (Symbol: NVDA) and Applied Materials, Inc. (Symbol: AMAT) are two of the day's laggards, showing a loss of 5.6% and 5.0%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 2.7% on the day, and up 20.52% year-to-date. NVIDIA Corp, meanwhile, is up 157.20% year-to-date, and Applied Materials, Inc. is up 49.92% year-to-date. Combined, NVDA and AMAT make up approximately 23.0% of the underlying holdings of XLK.

The next worst performing sector is the Consumer Products sector, higher by 0.9%. Among large Consumer Products stocks, Tesla Inc (Symbol: TSLA) and Conagra Brands Inc (Symbol: CAG) are the most notable, showing a loss of 7.8% and 1.5%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 0.3% in midday trading, and up 4.10% on a year-to-date basis. Tesla Inc, meanwhile, is down 2.27% year-to-date, and Conagra Brands Inc is up 1.45% year-to-date. CAG makes up approximately 0.6% of the underlying holdings of IYK.

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