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
Worst 5 Performing US Industry ETFs in April
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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.
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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.
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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.
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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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