
So far in 2025, the financials sector has been among those outperforming the overall market as of the Jan. 17 close. The Financial Select Sector SPDR (NYSEARCA: XLF), which tracks the performance of financial stocks in the S&P 500, is up nearly 4%. That is double the 2% return of the S&P 500 itself.
Although down on the year, one stock that has helped contribute to this sector's outperformance recently is BlackRock (NYSE: BLK). It is up over 5% in the past week. The world’s largest asset manager broke records with its latest quarterly results. The company posted record revenues, as well as record assets under management (AUM).