Investors focused on the Computer and Technology space have likely heard of Avnet (AVT Quick QuoteAVT - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Avnet is one of 630 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. AVT is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for AVT's full-year earnings has moved 1.56% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that AVT has returned about 9.36% since the start of the calendar year. Meanwhile, the Computer and Technology sector has returned an average of 4.42% on a year-to-date basis. This means that Avnet is performing better than its sector in terms of year-to-date returns.

To break things down more, AVT belongs to the Electronics - Parts Distribution industry, a group that includes 4 individual companies and currently sits at #8 in the Zacks Industry Rank. On average, this group has lost an average of 4.88% so far this year, meaning that AVT is performing better in terms of year-to-date returns.

Investors in the Computer and Technology sector will want to keep a close eye on AVT as it attempts to continue its solid performance.