Don't Ignore This Chart!

The Big Split Among Ten Key Industry Group ETFs


The S&P 500 is up 1.64% year-to-date and the Russell 2000 is down 1.66%. This market splits is also reflected in year-to-date performance for ten key industry group ETFs. Notice that five are up and five are down. The Retail SPDR (XRT), Home Construction iShares (ITB), Regional Bank SPDR (KRE) and Internet ETF (FDN) are weighing on the market, while the REIT iShares (IYR), Semiconductor SPDR (XSD), Oil & Gas Equip & Services SPDR (XES) and Transport iShares (IYT) are lifting the market.  

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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