Looking at the sectors faring worst as of midday Monday, shares of Consumer Products companies are underperforming other sectors, showing a 0.9% loss. Within the sector, Lamb Weston Holdings Inc (Symbol: LW) and Hershey Company (Symbol: HSY) are two large stocks that are lagging, showing a loss of 3.7% and 2.2%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is down 0.9% on the day, and up 5.12% year-to-date. Lamb Weston Holdings Inc, meanwhile, is down 38.96% year-to-date, and Hershey Company, is down 6.96% year-to-date. Combined, LW and HSY make up approximately 1.6% of the underlying holdings of IYK.
The next worst performing sector is the Healthcare sector, showing a 0.9% loss. Among large Healthcare stocks, DexCom Inc (Symbol: DXCM) and Gilead Sciences Inc (Symbol: GILD) are the most notable, showing a loss of 2.1% and 2.1%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 1.0% in midday trading, and up 2.59% on a year-to-date basis. DexCom Inc, meanwhile, is down 36.72% year-to-date, and Gilead Sciences Inc is up 17.50% year-to-date. Combined, DXCM and GILD make up approximately 2.9% of the underlying holdings of XLV.
Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:
Here’s a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, one sector is up on the day, while eight sectors are down.
| Sector | % Change |
|---|---|
| Energy | +0.9% |
| Utilities | -0.4% |
| Financial | -0.5% |
| Industrial | -0.6% |
| Services | -0.8% |
| Consumer Products | -0.9% |
| Healthcare | -0.9% |
| Technology & Communications | -0.9% |
| Materials | -0.9% |
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Also see:
? Earnings History
? XU Videos
? Institutional Holders of CERY
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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