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Exchange-Traded Funds Lower as US Equities Fall After Midday

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Broad Market Indicators

Broad-market exchange-traded fund IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) eased 0.2%.

US equity indexes fell in midday trading Thursday, as geopolitical risk ratcheted up in the Middle East and Tesla's (TSLA) capital expenditure guidance for this year tripled from a year ago.

Energy

IShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each gained about 0.3%.

Technology

The State Street Technology Select Sector SPDR ETF (XLK) was down 0.7%; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) each lost about 0.6%.

The State Street SPDR S&P Semiconductor (XSD) rose 3%, and iShares Semiconductor (SOXX) was up 2.7%.

Financial

The State Street Financial Select Sector SPDR (XLF) shed 0.7%. Direxion Daily Financial Bull 3X Shares (FAS) declined 2.8%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), climbed up 2.8%.

Commodities

Crude oil rose 1.1%, and the United States Oil Fund (USO) gained 1.5%. Natural gas was up 1.0%, and the United States Natural Gas Fund (UNG) dropped 4.5%.

Gold on Comex slipped 0.2%, and the State Street SPDR Gold Shares (GLD) fell 0.2%. Silver declined 2.2%, and iShares Silver Trust (SLV) was down 1.7%.

Consumer

The State Street Consumer Staples Select Sector SPDR (XLP) rose 1.6%. The Vanguard Consumer Staples ETF (VDC) gained 1.4%, and iShares Dow Jones US Consumer Goods (IYK) was 1.7% higher.

The State Street Consumer Discretionary Select Sector SPDR (XLY) dipped 0.2%. VanEck Retail ETF (RTH) rose 0.3%, while the State Street SPDR S&P Retail (XRT) fell 0.9%.

Health Care

The State Street Health Care Select Sector SPDR (XLV) fell 0.3%, iShares US Healthcare (IYH) shed 0.5%, and Vanguard Health Care ETF (VHT) was 0.5% lower. IShares Biotechnology ETF (IBB) dipped 1.1%.

Industrial

The State Street Industrial Select Sector SPDR (XLI) rose 2.1%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) also advanced.

Cryptocurrency

In midday activity, bitcoin (BTC-USD) fell 0.9%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) dipped 0.7%, ProShares Ether ETF (EETH) lost 2.8%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) was down 1.1%.

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