In trading on Wednesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of PBF Energy, up about 10.6% and shares of Pdc Energy, up about 8% on the day.
And underperforming other ETFs today is the Rare Earth/Strategic Metals ETF, down about 4.4% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of MP Materials, higher by about 2.6%, and shares of AXTI, higher by about 3.4% on the day.
VIDEO: Wednesday’s ETF Movers: XOP, REMX
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