##  [# Sectors In Review: April 2020](/sections/etf-report-departments/sectors-review-april-2020) 

 

# Sectors In Review: April 2020

 

 

February was awful for sectors, with just one fund recording positive returns.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Apr 01, 2020

 Edited by: Heather Bell

 

 

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Sector ETFs had a catastrophic February, with only one fund recording positive returns. The [iShares NASDAQ Biotechnology ETF (IBB)](/IBB) was up 0.33%, the best performance among sector ETFs. The next-closest fund in terms of performance was the [First Trust Dow Jones Internet Index Fund (FDN)](/FDN), which was down 5.04%, followed by the [iShares U.S. Telecommunications ETF (IYZ)](/IYZ), down 5.31%. The worst performers were mostly in the energy sector, with the [SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF (XOP)](/XOP) down 19.50%, the [iShares U.S. Oil Equipment &amp; Services ETF (IEZ)](/IEZ) down 18.30% and the [Invesco Dynamic Leisure and Entertainment ETF (PEJ)](/PEJ) down 14.48%. Flows were fairly lacking in drama though: The [Consumer Staples Select Sector SPDR Fund (XLP)](/XLP) gained more than any other sector ETF, pulling in $1.1 billion. Meanwhile, the [Vanguard Real Estate ETF (VNQ)](/VNQ) and XOP gained $732.5 million and $600.4 million, respectively. The [Financials Select Sector SPDR Fund (XLF)](/XLF), at the other end of the spectrum, lost $1.8 billion, followed by the [Consumer Discretionary Select Sector SPDR Fund (XLY)](/XLY), which was down $1.1 billion, and the [Industrial Select Sector SPDR Fund (XLI)](/XLI), which dropped by just over $1 billion.

![](/sites/default/files/images/Magazines/ETF%20Report/2020/04/SectorsInReviewAprilFig1.jpg)

[![SectorsInReview](/sites/default/files/images/Magazines/ETF%20Report/2020/04/SectorsInReviewAprilFig2.jpg)](/sites/default/files/images/Magazines/ETF%20Report/2020/04/SectorsInReviewAprilFig2b.jpg)

*For a larger view, please click on the image above.*



*Sources: Bloomberg and FactSet. Data from 01/31/2020 to 02/29/2020. ETFs chosen to represent each sector based on the most liquid ETF in each segment of the ETF.com ETF Classification System.*





 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


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