Consumer Discretionary and Technology Stocks Lead U.S Stocks Lower - U.S Weekly Sector Wrap

Stocks slumped 2.1% this week led by the 4.7% decline in Consumer Discretionary stocks and the 3.8% decline in Technology, while Consumer Staples stocks performed best with a 0.1% decline

May 14, 2021 by Kwhen Finance Editors

Consumer Discretionary and Technology Stocks Lead U.S Stocks Lower - U.S Weekly Sector Wrap

U.S. stocks fell by 2.1% this week fueled by a 4.7% decline in consumer discretionary stocks and a 3.8% decline in technology stocks. Consumer Discretionary stocks are currently up 4.6% year-to-date, and up 50.4% over the past 12 months. Technology stocks are currently up 3.0% year-to-date, and up 49.1% over the past 12 months. Meanwhile, the S&P 500 Index is currently up 10.1% year-to-date, and up 47.5% over the past 12 months. The Dow Jones Industrial Average is currently up 11.9% year-to-date, and up 49.1% over the past 12 months.

Sector Performance

  • The S&P 500 Index fell with a 2.1% decline.
  • Consumer Staples stocks fell the least with a 0.1% decline.
  • Consumer Discretionary stocks fell the most with a 4.7% decline.
  • No sectors gained this week.
  • Other sectors that declined include Technology, Energy and Industrials, which fell by an average of -2.3%
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV+1.5%+10.1%+47.5%+50.1%+118.8%
Gainers
Losers
Consumer DiscretionaryXLY+1.7%+4.6%+50.4%+50.9%+129.3%
TechnologyIYW+2.2%+3.0%+49.1%+87.7%+257.4%
EnergyIYE+3.4%+37.5%+50.9%-13.3%-12.1%
IndustrialsIYJ+1.3%+13.6%+70.4%+49.8%+113.9%
FinancialsIYF+1.4%+21.4%+67.8%+37.6%+104.7%
Real EstateIYR+1.1%+12.9%+42.2%+17.0%+44.0%
TelecomIYZ+0.87%+11.4%+31.5%+22.7%+18.5%
Health CareIYH+0.99%+7.3%+25.7%+46.6%+96.3%
UtilitiesIDU+1.6%+5.6%+22.0%+15.5%+51.2%
MaterialsIYM+0.87%+21.5%+77.3%+63.1%+99.1%
Consumer StaplesXLP+0.82%+5.2%+27.2%+31.4%+51.9%

Relative Sector Performance

  • Relative to the S&P 500 Index, Consumer Staples sector stocks outperformed the most by +2.1%. Materials sector stocks were the next best performers with a relative outperformance of +1.8%.
  • Additional sectors that outperformed the S&P 500 Index included Utilities, Health Care and Telecom by an average of +1.5%.
  • Relative to the S&P 500 Index, Consumer Discretionary sector stocks underperformed the most by -2.6%. Technology sector stocks were the next worst performers with a relative underperformance of -1.7%.
NameTickerDoD %ΔYTD %Δ1 Yr %Δ2 Yr %Δ5 Yr %Δ
Market
S&P 500 IndexIVV+1.5%+10.1%+47.5%+50.1%+118.8%
Relative Outperformers
Consumer StaplesXLP-0.72%-4.8%-20.3%-18.8%-66.9%
MaterialsIYM-0.68%+11.5%+29.8%+13.0%-19.7%
UtilitiesIDU+0.091%-4.5%-25.5%-34.7%-67.6%
Health CareIYH-0.56%-2.7%-21.8%-3.5%-22.5%
TelecomIYZ-0.68%+1.3%-16.0%-27.4%-100.4%
Real EstateIYR-0.43%+2.9%-5.3%-33.2%-74.8%
FinancialsIYF-0.12%+11.3%+20.3%-12.6%-14.1%
IndustrialsIYJ-0.21%+3.5%+22.9%-0.3%-4.9%
EnergyIYE+1.8%+27.4%+3.4%-63.4%-130.9%
Relative Underperformers
Consumer DiscretionaryXLY+0.19%-5.5%+2.9%+0.7%+10.4%
TechnologyIYW+0.63%-7.1%+1.6%+37.6%+138.6%

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