Financials and Materials Stocks Lead U.S Stock Market Decline - U.S Weekly Sector Wrap

Stocks slumped 0.1% this week led by the 1.8% decline in Financials stocks and the 1.0% decline in Materials, while Utilities stocks performed best with a 2.7% gain

Mar 26, 2021 by Kwhen Finance Editors

Financials and Materials Stocks Lead U.S Stock Market Decline - U.S Weekly Sector Wrap

U.S. stocks fell by 0.1% this week fueled by a 1.8% decline in financials stocks and a 1.0% decline in materials stocks. Financials stocks are currently up 11.6% year-to-date, and up 58.4% over the past 12 months. Materials stocks are currently up 9.2% year-to-date, and up 82.7% over the past 12 months. Meanwhile, the S&P 500 Index is currently up 4.5% year-to-date, and up 59.9% over the past 12 months. The Dow Jones Industrial Average is currently up 7.1% year-to-date, and up 56.9% over the past 12 months.

Sector Performance

  • The S&P 500 Index fell with a 0.1% decline.
  • Utilities stocks rose the most with a 2.7% gain.
  • Financials stocks fell the most with a 1.8% decline.
  • Others sectors that gained include Consumer Staples, Energy and Telecom, which rose by an average of 1.0%.
  • Others sectors that declined include Materials, Industrials and Consumer Discretionary, which fell by an average of -0.6%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV+1.6%+4.5%+59.9%+43.6%+109.4%
Gainers
UtilitiesIDU-0.46%+2.1%+26.5%+11.8%+48.2%
Consumer StaplesXLP+1.8%+0.5%+35.9%+29.0%+47.6%
EnergyIYE+0.15%+30.6%+78.1%-21.0%-12.1%
TelecomIYZ+1.8%+6.7%+36.7%+13.8%+16.6%
Health CareIYH+0.024%+1.1%+44.6%+32.6%+90.0%
Real EstateIYR+2.2%+6.5%+41.6%+11.4%+41.5%
Losers
FinancialsIYF-0.94%+11.6%+58.4%+32.3%+93.6%
MaterialsIYM+2.8%+9.2%+82.7%+42.7%+84.2%
IndustrialsIYJ+2.0%+7.1%+73.3%+43.5%+103.9%
Consumer DiscretionaryXLY-0.87%+2.6%+70.4%+50.0%+126.6%
TechnologyIYW+0.31%+0.3%+75.1%+82.5%+234.0%

Relative Sector Performance

  • Relative to the S&P 500 Index, Utilities sector stocks outperformed the most by +2.8%. Consumer Staples sector stocks were the next best performers with a relative outperformance of +2.6%.
  • Additional sectors that outperformed the S&P 500 Index included Energy, Telecom and Health Care by an average of +0.4%.
  • Relative to the S&P 500 Index, Financials sector stocks underperformed the most by -1.7%. Materials sector stocks were the next worst performers with a relative underperformance of -0.9%.
  • Additional sectors that underperformed the S&P 500 Index included Industrials, Consumer Discretionary and Technology by an average of -0.2%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV+1.6%+4.5%+59.9%+43.6%+109.4%
Relative Outperformers
UtilitiesIDU-2.1%-2.4%-33.5%-31.7%-61.2%
Consumer StaplesXLP+0.15%-4.1%-24.0%-14.6%-61.9%
EnergyIYE-1.5%+26.0%+18.2%-64.6%-121.6%
TelecomIYZ+0.20%+2.1%-23.2%-29.8%-92.8%
Health CareIYH-1.6%-3.4%-15.3%-11.0%-19.4%
Real EstateIYR+0.60%+1.9%-18.3%-32.2%-67.9%
Relative Underperformers
FinancialsIYF-2.6%+7.1%-1.5%-11.3%-15.9%
MaterialsIYM+1.2%+4.6%+22.8%-0.8%-25.3%
IndustrialsIYJ+0.41%+2.5%+13.4%-0.1%-5.6%
Consumer DiscretionaryXLY-2.5%-1.9%+10.5%+6.4%+17.2%
TechnologyIYW-1.3%-4.2%+15.2%+38.9%+124.5%

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