Are Finance Stocks Lagging Royal Bank Of Canada (RY) This Year?

Company Performance - Royal Bank (RY) has returned 5.6% year-to-date, outperforming the average return of 4.6% for Finance companies [4] - The Zacks Consensus Estimate for RY's full-year earnings has increased by 1.8% over the past quarter, indicating improved analyst sentiment [3] - Royal Bank is currently ranked 2 (Buy) in the Zacks Rank system, suggesting a positive earnings outlook [3] Industry Comparison - Royal Bank is part of the Banks - Foreign industry, which has an average year-to-date return of 21.6%, indicating that RY is slightly underperforming its industry [5] - Acadian Asset Management (AAMI), another stock in the Finance sector, has significantly outperformed with a year-to-date return of 20.2% [4] - The Financial - Miscellaneous Services industry, to which AAMI belongs, is ranked 101 and has declined by 3.7% this year [6] Sector Overview - The Finance sector includes 857 individual stocks and currently holds a Zacks Sector Rank of 4, reflecting the average performance of stocks within this sector [2] - The Zacks Rank system focuses on earnings estimates and revisions to identify stocks with improving earnings outlooks, which has historically been successful [3]