XLE - Off To The RACES: Natural Gas Equities Crushing FAANG Stocks

May, 26 2021 12:54 PM SPDR Select Sector Fund - Energy Select Sector

There has been a historical capital rotation that has been ongoing in the markets for well over a year now.
Economically sensitive and inflationary sensitive stocks are quietly significantly outperforming.
This outperformance can get lost in the backdrop of the strong returns in the broader market, including in the much-celebrated FAANG names.
However, year-to-date, over the past year, and since January 1st, 2020, there has been a pronounced shift of performance under the surface.
A microcosm of this is the fact that a collection of loathed natural gas equities has trounced the performance of the much-loved FAANG equities over the aforementioned time frames.

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Company Name:	SPDR Select Sector Fund - Energy Select Sector
Stock Symbol:	XLE
Market:	NYSE