Investors focused on the Computer and Technology space have likely heard of Facebook , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of FB and the rest of the Computer and Technology group's stocks.

Facebook is one of 629 companies in the Computer and Technology group. The Computer and Technology group currently sits at #5 within the Zacks Sector Rank. 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. FB is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for FB's full-year earnings has moved 6.81% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, FB has moved about 11.84% on a year-to-date basis. At the same time, Computer and Technology stocks have gained an average of 6.62%. This means that Facebook is outperforming the sector as a whole this year.

Breaking things down more, FB is a member of the Internet - Services industry, which includes 43 individual companies and currently sits at #100 in the Zacks Industry Rank. This group has lost an average of 1.06% so far this year, so FB is performing better in this area.

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