Monday Sector Laggards: Consumer Products, Healthcare

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The worst performing sector as of midday Monday is the Consumer Products sector, showing a 0.9% loss. Within that group, Kimberly-Clark Corp. (Symbol: KMB) and Hershey Company (Symbol: HSY) are two of the day's laggards, showing a loss of 2.8% and 2.7%, respectively. Among consumer products ETFs , one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is down 1.2% on the day, and down 5.38% year-to-date. Kimberly-Clark Corp., meanwhile, is down 15.05% year-to-date, and Hershey Company , is down 18.24% year-to-date. Combined, KMB and HSY make up approximately 2.2% of the underlying holdings of IYK.

The next worst performing sector is the Healthcare sector, showing a 0.9% loss. Among large Healthcare stocks, Biogen Inc (Symbol: BIIB) and AmerisourceBergen Corp. (Symbol: ABC) are the most notable, showing a loss of 5.6% and 3.6%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 1.1% in midday trading, and up 3.02% on a year-to-date basis. Biogen Inc, meanwhile, is down 9.60% year-to-date, and AmerisourceBergen Corp. is up 0.41% year-to-date. Combined, BIIB and ABC make up approximately 2.3% 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:

Portfolio Channel

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

Sector % Change
Energy +2.3%
Utilities +0.1%
Technology & Communications -0.1%
Materials -0.1%
Services -0.2%
Industrial -0.3%
Financial -0.4%
Consumer Products -0.9%
Healthcare -0.9%

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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
Referenced Symbols: XLV , KMB , HSY , IYK , BIIB

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