Telecom and Real Estate Stocks Lead U.S Stocks Lower - U.S Daily Sector Wrap

Stocks slumped 0.5% today led by the 1.1% decline in Telecom stocks and the 0.5% decline in Real Estate, while Energy stocks performed best with a 2.4% gain

Mar 24, 2021 by Kwhen Finance Editors

Telecom and Real Estate Stocks Lead U.S Stocks Lower - U.S Daily Sector Wrap

U.S. stocks fell by 0.5% today fueled by a 1.1% decline in telecom stocks and a 0.5% decline in real estate stocks. Telecom stocks are currently up 6.3% year-to-date, and up 41.8% over the past 12 months. Real Estate stocks are currently up 6.1% year-to-date, and up 60.8% over the past 12 months. Meanwhile, the S&P 500 Index is currently up 4.5% year-to-date, and up 77.2% over the past 12 months. The Dow Jones Industrial Average is currently up 6.4% year-to-date, and up 77.6% over the past 12 months.

Sector Performance

  • The S&P 500 Index fell with a 0.5% decline.
  • Energy stocks rose the most with a 2.4% gain.
  • Telecom stocks fell the most with a 1.1% decline.
  • Others sectors that gained include Materials, Industrials and Utilities, which rose by an average of 0.4%.
  • Others sectors that declined include Real Estate and Consumer Staples, which fell by an average of -0.4%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV-0.51%+4.5%+77.2%+43.3%+109.2%
Gainers
EnergyIYE+2.4%+27.1%+110.8%-23.1%-14.0%
MaterialsIYM+0.78%+6.9%+106.2%+39.5%+80.9%
IndustrialsIYJ+0.44%+5.3%-1.9%-30.7%-1.8%
UtilitiesIDU0.0%+0.7%+41.6%+10.4%+46.7%
FinancialsIYF0.0%+10.0%+81.1%+30.0%+89.7%
Health CareIYH0.0%+1.2%+58.4%+32.6%+90.1%
TechnologyIYW0.0%+2.4%+93.4%+85.6%+241.2%
Consumer DiscretionaryXLY0.0%+3.2%+90.8%+51.8%+128.3%
Losers
TelecomIYZ-1.1%+6.3%+41.8%+8.9%+12.4%
Real EstateIYR-0.46%+6.1%+60.8%+11.0%+41.1%
Consumer StaplesXLP-0.39%-0.1%+41.6%+28.5%+46.5%

Relative Sector Performance

  • Relative to the S&P 500 Index, Energy sector stocks outperformed the most by +2.9%. Materials sector stocks were the next best performers with a relative outperformance of +1.3%.
  • Additional sectors that outperformed the S&P 500 Index included Industrials, Utilities and Financials by an average of +0.7%.
  • Relative to the S&P 500 Index, Telecom sector stocks underperformed the most by -0.6%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV-0.51%+4.5%+77.2%+43.3%+109.2%
Relative Outperformers
EnergyIYE+2.9%+22.6%+33.6%-66.4%-123.2%
MaterialsIYM+1.3%+2.5%+29.0%-3.8%-28.3%
IndustrialsIYJ+0.95%+0.8%-79.1%-74.1%-111.0%
UtilitiesIDU+0.51%-3.8%-35.5%-32.9%-62.5%
FinancialsIYF+0.51%+5.5%+3.9%-13.3%-19.4%
Health CareIYH+0.51%-3.3%-18.8%-10.8%-19.1%
TechnologyIYW+0.51%-2.1%+16.2%+42.2%+132.0%
Consumer DiscretionaryXLY+0.51%-1.3%+13.6%+8.5%+19.1%
Consumer StaplesXLP+0.12%-4.6%-35.6%-14.9%-62.6%
Real EstateIYR+0.050%+1.6%-16.4%-32.4%-68.1%
Relative Underperformers
TelecomIYZ-0.58%+1.8%-35.4%-34.4%-96.8%

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