Sector Round-Up | WSBS 621

Percent Gain/Loss
May 1-May 27
S&P 500 Index 0.19%
Communication Services (XLC) 2.34%
Consumer Discretionary (XLY) -3.97%
Consumer Staples (XLP) 2.41%
Energy (XLE) 8.56%
Financials (XLF) 5.65%
Health Care (XLV) 0.35
Industrials (XLI) 1.78%
Materials (XLB) 4.49%
Real Estate (XLRE) 1.61%
Technology (XLK) -2.84%
Utilities (XLU) -2.01%

Source: Select SPDR ETFs

XLF-052621

The financial sector, home to this month’s featured stock, Sun Life Financial, is still posting solid gains on the heels of robust year-to-date returns.

Sun Life has a market cap of $31.13 billion, but is not a component of the S&P 500, since it’s a Canadian firm.

The Financial Select Sector SPDR ETF (XLF) is up 5.65% in the past month. It’s outpacing the broader SPDR S&P 500 ETF (SPY) in the past month, which returned 0.19%

The most heavily weighted stocks in the S&P financial sector, and their one-month returns:

Berkshire Hathaway (BRKB): 4.65%

JPMorgan Chase (JPM): 7.76%

Bank of America (BAC): 7.22%

Wells Fargo (WFC): 5.31%

Citigroup (C): 8.98%

As you can see, the performance of these heavily weighted stocks continues to propel the sector higher.

The leading sector this month is energy, spurred by higher demand as global economic activity picks up.

Weekly gasoline prices in the U.S. are at their highest levels in two years. As a driver, you may not appreciate that increase at the pump, but as an investor, that is boosting your energy sector return.

It’s not just summer travelers in the U.S. who are behind the price increases; industrial energy use is also on the rise.

The Energy Select Sector SPDR ETF (XLE) returned 8.56% in the past month.

In a related uptrend, the Materials Select Sector SPDR ETF (XLB) is up 4.49% on a one-month basis.

That’s because prices for commodities, as industrial inputs, are up as demand rose faster than anticipated.

The financial, energy and materials sectors are all trading essentially sideways at the moment, in tandem with the broader market.

The financial sector, home to this month’s featured stock, Sun Life Financial, is still posting solid gains on the heels of robust year-to-date returns. Sun Life has a market cap of $31.13 billion, but is not a component of the S&P 500, since it’s a Canadian firm.  The Financial Select Sector SPDR ETF (XLF) is up 5.65% in the past month. It’s outpacing the broader SPDR S&P 500 ETF (SPY) in the past month, which returned 0.19% The most heavily weighted stocks in the S&P financial sector, and their one-month returns: Berkshire Hathaway (BRKB): 4.65% JPMorgan Chase (JPM): 7.76% Bank of America (BAC): 7.22% Wells Fargo (WFC): 5.31% Citigroup (C): 8.98% As you can see, the performance of these heavily weighted stocks continues to propel the sector higher.  The leading sector this month is energy, spurred by higher demand as global economic activity picks up.   Weekly gasoline prices in the U.S. are at their highest levels in two years. As a driver, you may not appreciate that increase at the pump, but as an investor, that is boosting your energy sector return.   It’s not just summer travelers in the U.S. who are behind the price increases; industrial energy use is also on the rise.   The Energy Select Sector SPDR ETF (XLE) returned 8.56% in the past month.  In a related uptrend, the Materials Select Sector SPDR ETF (XLB) is up 4.49% on a one-month basis.   That’s because prices for commodities, as industrial inputs, are up as demand rose faster than anticipated.   The financial, energy and materials sectors are all trading essentially sideways at the moment, in tandem with the broader market.   insert XLB chart - labeled XLB 621

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