Friday's ETF Winners And Losers: Large-Cap Returns - XLE Gains 3.5% On The Week
Portfolio Pulse from Johnny Rice
A screening of large-cap ETFs revealed the week's winners and losers. Energy Select Sector SPDR Fund (XLE) and Vanguard Real Estate ETF (VNQ) saw gains of 3.50% and 3.43% respectively, while Utilities Select Sector SPDR Fund (XLU) and iShares MSCI Japan ETF (EWJ) saw losses of 1.94% and 1.51% respectively. XLE's largest holdings are Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX), while VNQ's are Vanguard Real Estate II Index Fund Institutional Plus Shares (VRTPX) and Prologis, Inc. (PLD). XLU's largest holdings are NextEra Energy, Inc. (NEE) and Southern Company (SO), and EWJ's are Toyota Motor Corp. (TM) and Sony Group Corporation (SONY).
June 30, 2023 | 5:52 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
VNQ gained 3.43% over the week. Its largest holdings are VRTPX and PLD.
The gain in VNQ's price is likely due to the performance of its largest holdings, VRTPX and PLD.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
XLE gained 3.50% over the week. Its largest holdings are XOM and CVX.
The gain in XLE's price is likely due to the performance of its largest holdings, XOM and CVX.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
EWJ lost 1.51% over the week. Its largest holdings are TM and SONY.
The loss in EWJ's price is likely due to the performance of its largest holdings, TM and SONY.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
XLU lost 1.94% over the week. Its largest holdings are NEE and SO.
The loss in XLU's price is likely due to the performance of its largest holdings, NEE and SO.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100