Exchange-Traded Funds Higher as US Equities Rise After Midday

Broad Market Indicators

Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) was up 0.1%.

US equity indexes rose as crude oil prices and government bond yields slumped in midday trading on Monday.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each lost about 3%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) was down 1.1%; iShares US Technology ETF (IYW) fell 0.8%, and iShares Expanded Tech Sector ETF (IGM) was 0.9% lower.

The State Street SPDR S&P Semiconductor (XSD) declined 0.6%, and iShares Semiconductor (SOXX) was down 1.5%.

Financial

The State Street Financial Select Sector SPDR (XLF) added 1.8%. Direxion Daily Financial Bull 3X Shares (FAS) advanced 5.1%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), declined 5.4%.

Commodities

Crude oil dropped 7.1%, and the United States Oil Fund (USO) shed 6.8%. Natural gas was down 1.5%, and the United States Natural Gas Fund (UNG) lost 1.1%.

Gold on Comex rose 5.1%, and the State Street SPDR Gold Shares (GLD) was up 1.9%. Silver gained 3%, and iShares Silver Trust (SLV) added 2.6%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) was 1.2% higher, and the Vanguard Consumer Staples ETF (VDC) added 1.4%.

The State Street Consumer Discretionary Select Sector SPDR (XLY) added 2.7%. VanEck Retail ETF (RTH) added 2.2%, and the State Street SPDR S&P Retail (XRT) gained 2%.

Healthcare

The State Street Health Care Select Sector SPDR (XLV) slipped 0.3%, and iShares US Healthcare (IYH) shed 0.5%, and Vanguard Health Care ETF (VHT) was down 0.5%. IShares Biotechnology ETF (IBB) fell 0.9%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) added 1.5%. Vanguard Industrials Index Fund (VIS) was up 1.7%, and iShares US Industrials (IYJ) gained 1.8%.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) fell 1.2%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) added 0.4%, ProShares Ether ETF (EETH) gained 1%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was up 1.1%.