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Basic Materials
Companies that manufacture chemicals, building materials, and paper products. This sector also includes companies engaged in commodities exploration and processing. Companies in this sector include ArcelorMittal, BHP Billiton, and Rio Tinto.
Market Cap
1.686T
Market Weight
2.74%
Industries
14
Companies
257
Basic Materials S&P 500 ^GSPC
Loading Chart for Basic Materials
DELL

Day Return

Sector
0.22%
S&P 500
0.08%

YTD Return

Sector
7.00%
S&P 500
14.54%

1-Year Return

Sector
8.45%
S&P 500
19.23%

3-Year Return

Sector
10.14%
S&P 500
24.15%

5-Year Return

Sector
61.23%
S&P 500
81.32%

Note: Sector performance is calculated based on the previous closing price of all sector constituents

Industries in This Sector

Select an Industry for a Visual Breakdown

IndustryMarket WeightYTD Return
All Industries
100.00%
7.00%
Specialty Chemicals
42.72%
6.31%
Gold
14.97%
18.89%
Building Materials
9.35%
18.22%
Copper
9.08%
14.79%
Steel
7.27%
-8.80%
Agricultural Inputs
6.31%
-3.10%
Chemicals
4.01%
-4.28%
Other Industrial Metals & Mining
2.35%
-3.25%
Lumber & Wood Production
1.36%
-2.11%
Other Precious Metals & Mining
0.73%
32.28%
Coking Coal
0.69%
-7.55%
Aluminum
0.65%
-2.07%
Paper & Paper Products
0.28%
38.45%
Silver
0.22%
14.01%

Note: Percentage % data on heatmap indicates Day Return

Largest Companies in This Sector

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Name
Last Price
1Y Target Est.
Market Weight
Market Cap
Day Change %
YTD Return
Avg. Analyst Rating
449.96 475.32 15.37% 216.303B -0.32% +9.56%
Buy
352.55 362.47 6.32% 88.934B +0.95% +13.03%
Buy
103.86 97.26 5.76% 81.131B -1.48% +20.67%
Hold
247.92 249.71 5.03% 70.799B +1.09% +24.99%
Hold
44.38 55.47 4.53% 63.751B -1.38% +4.25%
Buy
265.74 281.80 4.20% 59.076B +1.82% -2.94%
Buy
82.60 99.29 4.01% 56.408B +1.29% +19.43%
Buy
47.28 54.46 3.85% 54.25B +1.18% +14.23%
Buy
55.46 63.20 2.75% 38.654B +0.13% +15.73%
Buy
159.41 173.22 2.72% 38.22B -0.92% -8.41%
Buy

Investing in the Basic Materials Sector

Start Investing in the Basic Materials Sector Through These ETFs and Mutual Funds

ETF Opportunities

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Name
Last Price
Net Assets
Expense Ratio
YTD Return
91.49 5.446B 0.09% +6.96%
201.89 4.025B 0.10% +6.29%
62.08 2.001B 0.35% +3.76%
143.48 623.576M 0.40% +3.85%
51.71 508.654M 0.08% +6.10%

Mutual Fund Opportunities

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Name
Last Price
Net Assets
Expense Ratio
YTD Return
102.82 4.025B 0.10% +6.21%
96.78 852.417M 0.72% +1.81%
98.17 852.417M 0.72% +1.96%
98.71 852.417M 0.72% +2.09%
93.44 852.417M 0.72% +1.43%

Basic Materials Research

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Discover the Latest Analyst and Technical Research for This Sector

  • Analyst Report: Dow Inc

    Dow Inc., a leading materials science company, was spun off from DowDuPont on April 1, 2019. The company has manufacturing facilities in 31 countries and focuses on products for the consumer care, infrastructure, and packaging markets.

    Rating
    Price Target
     
  • Market Update: BFH, GE, LUV, NOC, VLO, DOW

    It's Christmas in July on Wall Street, the board is red and green. It's a heavy news week that will impact both overall markets and individual stocks. There's a Fed rate decision coming on Wednesday, though odds are at 99% for no rate move. The key Jobs report is due on Friday. And there's a mountain of earnings from many corporate giants.

     
  • Analyst Report: Sherwin-Williams Co.

    Sherwin-Williams is the largest U.S. producer of paint, coatings, and related products. The company operates over 4,100 retail stores and supplies coatings directly to retailers, distributors, industrial & commercial customers, and other industry professionals. The company acquired Valspar in 2017.

    Rating
    Price Target
     
  • Market Digest: CB, BYD, DGX, F, FLEX, GD, HON, LMT, PCAR, ROP, SHW, TROW, URI, WRB, NOW, CARR, OTIS

    Monday Tee Up: Fed, Jobs, Earnings This week features more earnings from corporate giants, key jobs data, and a Fed rate meeting. It doesn't get much busier than that, especially for a week in the heat of summer. But spoiler alert on the Fed: no one thinks a rate move is coming this week and odds are at zero. Last week, the markets were again volatile. The Dow Jones Industrial Average ended up 0.8%, the S&P 500 lost 0.8%, and the Nasdaq fell 2.1%. Year to date, the DJIA is higher by nearly 8%, the S&P is up 14%, and the Nasdaq is higher by 15%. On the economic calendar, the Federal Reserve rate decision comes on Wednesday and economists expect no movement. As usual, analysts will dissect what Chairman Powell says in the press conference. Odds are high for a rate cut in September, so Wall Street will be looking for verification that the Fed is leaning in that direction. On Friday, the important July jobs report is due. In June, Nonfarm Payrolls came in at 206,000. Argus sees that declining to 185,000 for July. The unemployment rate was 4.1% in June. We expect no change for July. Meanwhile, Job Openings, Consumer Confidence, and the Case-Shiller Home Price Index will be reported on Tuesday. On Wednesday, the ADP Private Employment report is due out, and on Thursday, ISM Manufacturing and Construction Spending hit the tape. On the earnings calendar, Monday brings news from McDonald's. On Tuesday, Microsoft, Advanced Micro Devices, Procter & Gamble, Pfizer, Merck, and Starbucks report; on Wednesday, Meta, Qualcomm, Boeing, Altria, and Kraft Heinz; on Thursday, Apple, Amazon, Moderna, Booking Holdings, and Coinbase; and on Friday, Chevron and Exxon Mobil. Earnings so far have been coming in 12.1% higher this quarter than a year ago, and 41% of S&P 500 companies have reported. Expectations are for earnings growth of 8%-12% for 2Q. This follows 8% growth in 1Q and 10% in 4Q23. At Argus, we expect EPS for all of 2024 to come in roughly 8%-9% better than last year. Last week featured good news on inflation and economic growth. The Personal Consumption Expenditures Index showed that inflation slowed to 2.5% in June versus 2.6% in May. Core PCE didn't budge, sticking at 2.6%. The initial reading for second-quarter GDP came in at 2.8%, a big jump from 1.4% in 1Q. Mortgage rates ticked up a hair to 6.78% for the average 30-year fixed-rate mortgage. Gas prices fell 3 cents to $3.47 per gallon for the average price of regular gas. The Atlanta Fed GDPNow indicator is forecasting for 3Q and calls for expansion of 2.8%. The Cleveland Fed CPINow indicator forecasts 3.01% for CPI in July. After this week's Fed rate decision, the next one is in mid-September -- and odds at 99% for a cut at that meeting. Of that, 88% expect a 25-basis-point (BPS) cut, while 11% expect a 50 bps cut. As the probability is so high for a rate cut at the September meeting, odds are at 68% for a second cut in November, but a higher 98% for that second cut to take place on December 18. All of this data is according to the CME FedWatch Tool.

     

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