Investors focused on the Finance space have likely heard of AllianceBernstein Holding L.P. (AB Quick QuoteAB - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

AllianceBernstein Holding L.P. is a member of the Finance sector. This group includes 821 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. AB is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for AB's full-year earnings has moved 2.37% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, AB has returned 18.76% so far this year. Meanwhile, stocks in the Finance group have lost about 0.89% on average. This shows that AllianceBernstein Holding L.P. is outperforming its peers so far this year.

Looking more specifically, AB belongs to the Financial - Investment Management industry, a group that includes 49 individual stocks and currently sits at #220 in the Zacks Industry Rank. On average, this group has lost an average of 8.22% so far this year, meaning that AB is performing better in terms of year-to-date returns.

Investors in the Finance sector will want to keep a close eye on AB as it attempts to continue its solid performance.