April 30, 2023 10:01 AM | 2 min read
It’s a good time to look at how the major U.S. stock industry ETFs performed this month, as April comes to an end. In April, we saw the broader U.S. stock market, as represented by the SPDR S&P 500 ETF (NYSE:SPY), rising about 1.3% during the month, but notable differences emerged among different industries.
Top 5 Performing US Industry ETFs in April
| ETF Name | Month-to-date % chg | YTD % chg |
|---|---|---|
|
SPDR S&P Biotech ETF (NYSE:XBI) |
5.06% |
-3.54% |
|
SPDR S&P Homebuilders ETF (NYSE:XHB) |
4.66% |
17.57% |
|
SPDR S&P Health Care Equipment ETF (NYSE:XHE)
|
4.39% |
8.71% |
|
SPDR S&P Health Care Services ETF (NYSE:XHS) |
3.5% |
5.54% |
|
SPDR S&P Pharmaceuticals ETF (NYSE:XPH) |
2.44% |
2.59% |
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Worst 5 Performing US Industry ETFs in April
| ETF Name | Month-to-date % chg | YTD % chg |
|---|---|---|
|
SPDR S&P Semiconductor ETF (NYSE:XSD) |
-14.76% |
6.33% |
|
SPDR S&P Internet ETF (NYSE:XWEB) |
-7.82% |
6.33% |
|
SPDR S&P Telecom ETF (NYSE:XTL)
|
-7.65% |
-8.27% |
|
SPDR S&P Metals & Mining ETF (NYSE:XME) |
-7.27% |
-1.03% |
|
SPDR S&P Software and Services ETF (NYSE:XSW) |
-5.51% |
6.96% |
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Major Stock Contributors to Industry ETF Performance In April:
- Prometheus Biosciences, Inc. (NASDAQ:RXDX) and TG Therapeutics, Inc. (NASDAQ:TGTX) were the key contributors to the performance of the biotech sector, rising 76% and 69% respectively in April.
-
PulteGroup, Inc. (NYSE:PHM) and Owens Corning (NYSE:OC) both rose 17% and were the major stocks driving the performance of the homebuilding sector during the month.
-
Semtech Corporation (NASDAQ:SMTC) and MaxLinear, Inc. (NASDAQ:MXL) dropped 37% and 29% respectively, and were the major drags behind the semiconductor industry’s negative performance.
-
Snap, Inc. (NYSE:SNAP), Cloudfare, Inc. (NYSE:NET)and Pinterest, Inc. (NYSE:PINS) were the three worst contributors to the internet sector’s performance.
-
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Read More: Here Are The Best-Performing Industry ETFs And Major Stock Contributors In April