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Monday Sector Leaders: Utilities, Consumer Products


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Looking at the sectors faring best as of midday Monday, shares of Utilities companies are outperforming other sectors, up 0.6%. Within that group, NRG Energy Inc (Symbol: NRG) and FirstEnergy Corp (Symbol: FE) are two of the day's stand-outs, showing a gain of 5.1% and 2.8%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.6% on the day, and up 7.27% year-to-date. NRG Energy Inc, meanwhile, is up 41.71% year-to-date, and FirstEnergy Corp is up 32.30% year-to-date. Combined, NRG and FE make up approximately 4.3% of the underlying holdings of XLU.

The next best performing sector is the Consumer Products sector, up 0.2%. Among large Consumer Products stocks, Coty, Inc. (Symbol: COTY) and Conagra Brands Inc (Symbol: CAG) are the most notable, showing a gain of 3.6% and 3.2%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is down 0.1% in midday trading, and down 4.72% on a year-to-date basis. Coty, Inc., meanwhile, is down 53.90% year-to-date, and Conagra Brands Inc, is down 3.54% year-to-date. Combined, COTY and CAG make up approximately 1.0% of the underlying holdings of IYK.

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:

Metals 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
Utilities +0.6%
Consumer Products +0.2%
Financial -0.3%
Services -0.4%
Materials -0.7%
Industrial -1.3%
Healthcare -1.5%
Energy -1.5%
Technology & Communications -2.2%

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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 , Investing Ideas
Referenced Symbols: IYK , NRG , FE , XLU , COTY



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