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Monday Sector Laggards: Healthcare, Technology & Communications


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The worst performing sector as of midday Monday is the Healthcare sector, showing a 0.1% loss. Within the sector, Incyte Corporation (Symbol: INCY) and Medtronic PLC (Symbol: MDT) are two of the day's laggards, showing a loss of 3.0% and 2.6%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 0.3% on the day, and up 16.73% year-to-date. Incyte Corporation, meanwhile, is up 29.90% year-to-date, and Medtronic PLC is up 22.37% year-to-date. Combined, INCY and MDT make up approximately 4.8% of the underlying holdings of XLV.

The next worst performing sector is the Technology & Communications sector, showing a 0.1% loss. Among large Technology & Communications stocks, Autodesk Inc. (Symbol: ADSK) and Advanced Micro Devices, Inc. (Symbol: AMD) are the most notable, showing a loss of 1.6% and 1.5%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF ( XLK ), which is down 0.1% in midday trading, and up 18.32% on a year-to-date basis. Autodesk Inc., meanwhile, is up 44.65% year-to-date, and Advanced Micro Devices, Inc. is up 20.87% year-to-date. Combined, ADSK and AMD make up approximately 0.7% of the underlying holdings of XLK.

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:

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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, six sectors are up on the day, while two sectors are down.

Sector % Change
Consumer Products +0.4%
Services +0.4%
Materials +0.4%
Utilities +0.2%
Financial +0.2%
Energy +0.2%
Industrial -0.0%
Healthcare -0.1%
Technology & Communications -0.1%

25 Dividend Giants Widely Held By ETFs »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas
Referenced Symbols: XLK , INCY , MDT , XLV , ADSK


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