Are Finance Stocks Lagging Enact Holdings (ACT) This Year?

Group 1 - Enact Holdings, Inc. (ACT) is currently ranked 2 (Buy) in the Zacks Rank system, indicating a positive earnings outlook with a 2.2% increase in the consensus estimate for full-year earnings over the past three months [3] - Year-to-date, Enact Holdings, Inc. has gained approximately 1.6%, outperforming the average loss of 1.3% in the Finance sector [4] - Enact Holdings, Inc. belongs to the Insurance - Multi line industry, which is ranked 55 in the Zacks Industry Rank, with an average gain of 0.6% this year [5] Group 2 - Erie Indemnity (ERIE), another stock in the Finance sector, has a year-to-date return of 1.5% and also holds a Zacks Rank of 2 (Buy) [4][5] - The Insurance - Brokerage industry, which includes Erie Indemnity, has seen a significant increase of 9.2% since the beginning of the year, but it is ranked 141 [6]