Investors focused on the Construction space have likely heard of Trex Company (TREX Quick QuoteTREX - 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.

Trex Company is one of 99 individual stocks in the Construction sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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. TREX is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for TREX's full-year earnings has moved 9.92% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that TREX has returned about 48.63% since the start of the calendar year. Meanwhile, stocks in the Construction group have lost about 7.77% on average. This means that Trex Company is outperforming the sector as a whole this year.

Breaking things down more, TREX is a member of the Building Products - Wood industry, which includes 11 individual companies and currently sits at #31 in the Zacks Industry Rank. Stocks in this group have gained about 0.28% so far this year, so TREX is performing better this group in terms of year-to-date returns.

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