Health Care and Technology Stocks Rally While Materials Stocks Slump - U.S Weekly Sector Wrap

Stocks rose 1.2% this week led by the 3.5% gain in Health Care stocks and the 3.3% gain in Technology, while Materials stocks performed worst with a 2.0% decline

Jun 11, 2021 by Kwhen Finance Editors

Health Care and Technology Stocks Rally While Materials Stocks Slump - U.S Weekly Sector Wrap

U.S. stocks rose by 1.2% this week fueled by a 3.5% increase in health care stocks and a 3.3% increase in technology stocks. Health Care stocks are currently up 10.7% year-to-date, and up 24.5% over the past 12 months. Technology stocks are currently up 11.3% year-to-date, and up 41.8% over the past 12 months. Meanwhile, the S&P 500 Index is currently up 13.7% year-to-date, and up 34.4% over the past 12 months. The Dow Jones Industrial Average is currently up 13.6% year-to-date, and up 30.1% over the past 12 months.

Sector Performance

  • The S&P 500 Index rose with a 1.2% gain.
  • Health Care stocks rose the most with a 3.5% gain.
  • Materials stocks fell the most with a 2.0% decline.
  • Others sectors that gained include Technology, Real Estate and Telecom, which rose by an average of 2.6%.
  • Others sectors that declined include Financials, Industrials and Consumer Staples, which fell by an average of -0.8%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV+0.17%+13.7%+34.4%+50.7%+120.1%
Gainers
Health CareIYH-0.76%+10.7%+24.5%+44.7%+95.0%
TechnologyIYW+0.55%+11.3%+41.8%+97.8%+268.6%
Real EstateIYR-0.50%+23.8%+29.1%+25.1%+56.9%
TelecomIYZ-0.059%+13.5%+18.8%+20.7%+18.1%
Consumer DiscretionaryXLY+0.55%+7.3%+32.6%+50.9%+134.2%
UtilitiesIDU0.0%+6.2%+10.2%+14.4%+48.4%
EnergyIYE-0.30%+47.9%+34.8%-4.0%-8.8%
Losers
MaterialsIYM+0.24%+21.2%+48.7%+53.5%+89.1%
FinancialsIYF0.0%+24.0%+41.4%+36.3%+105.9%
IndustrialsIYJ0.0%+14.4%+42.7%+45.7%+109.8%
Consumer StaplesXLP0.0%+5.7%+20.6%+27.7%+50.0%

Relative Sector Performance

  • Relative to the S&P 500 Index, Health Care sector stocks outperformed the most by +2.3%. Technology sector stocks were the next best performers with a relative outperformance of +2.2%.
  • Additional sectors that outperformed the S&P 500 Index included Real Estate, Telecom and Consumer Discretionary by an average of +0.9%.
  • Relative to the S&P 500 Index, Materials sector stocks underperformed the most by -3.1%. Financials sector stocks were the next worst performers with a relative underperformance of -2.3%.
  • Additional sectors that underperformed the S&P 500 Index included Industrials, Consumer Staples and Energy by an average of -1.4%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV+0.17%+13.7%+34.4%+50.7%+120.1%
Relative Outperformers
Health CareIYH-0.93%-3.0%-9.9%-6.0%-25.1%
TechnologyIYW+0.39%-2.4%+7.4%+47.1%+148.4%
Real EstateIYR-0.66%+10.1%-5.3%-25.5%-63.2%
TelecomIYZ-0.22%-0.2%-15.6%-29.9%-102.1%
Consumer DiscretionaryXLY+0.38%-6.4%-1.9%+0.3%+14.0%
Relative Underperformers
MaterialsIYM+0.077%+7.6%+14.2%+2.8%-31.0%
FinancialsIYF-0.17%+10.3%+6.9%-14.4%-14.2%
IndustrialsIYJ-0.17%+0.8%+8.2%-5.0%-10.3%
Consumer StaplesXLP-0.17%-8.0%-13.8%-23.0%-70.1%
EnergyIYE-0.47%+34.2%+0.4%-54.6%-129.0%
UtilitiesIDU-0.17%-7.4%-24.2%-36.3%-71.7%

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