Sector and Stock Performance Since the 4/23 High

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 |  Includes: AGO, AGYS, ANRZQ, ASIA, ATPAQ, AXL, CEDC, CENX, CETV, CIE, CKEC, CLF, CLNE, CPIX, DF, DVN, EEFT, FORM, FSS, GAP, GEOKQ, HAR, HAWKQ, HEAT, IPSU, ITMN, IVV, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, IYW, IYZ, KATE, LPX, MBI, MHO, PCXCQ, PXP, RDN, SPWR, SPY, STLY, TIVO, TUES, UIS, VHI, VPU, WATG, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY
by: Bespoke Investment Group

The S&P 500 is currently down 10.97% from its bull market closing high made on April 23rd. As shown below, four sectors have outperformed the S&P 500 since then, while six have underperformed. The four defensive sectors are unsurprisingly the ones that have outperformed -- Telecom, Consumer Staples, Utilities, and Health Care. Energy and Materials are down the most at more than 14%. The Financial sector is down the third most at -13.88%, followed by Technology (-12.21%), Industrials (-12.05%), and Consumer Discretionary (-11.60%).

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Click to enlarge

For those that want to see what ugly looks like, below are the Russell 1,000 names (more than $5/share) down the most since April 23rd. The 40 stocks shown are all down more than 33%.