Monday Sector Leaders: Utilities, Materials

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In afternoon trading on Monday, Utilities stocks are the best performing sector, up 0.5%. Within that group, Alliant Energy Corp (Symbol: LNT) and Edison International (Symbol: EIX) are two of the day's stand-outs, showing a gain of 1.5% and 1.4%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is flat on the day on the day, and down 6.23% year-to-date. Alliant Energy Corp, meanwhile, is down 7.01% year-to-date, and Edison International, is down 4.81% year-to-date. Combined, LNT and EIX make up approximately 4.7% of the underlying holdings of XLU.

The next best performing sector is the Materials sector, up 0.2%. Among large Materials stocks, Newell Brands Inc (Symbol: NWL) and Ecolab Inc (Symbol: ECL) are the most notable, showing a gain of 4.5% and 1.3%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF ( XLB ), which is flat on the day in midday trading, and up 1.31% on a year-to-date basis. Newell Brands Inc, meanwhile, is down 6.86% year-to-date, and Ecolab Inc is up 1.84% year-to-date. ECL makes up approximately 4.8% of the underlying holdings of XLB.

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:

ETF 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 five sectors are down.

Sector % Change
Utilities +0.5%
Materials +0.2%
Consumer Products 0.0%
Energy 0.0%
Healthcare -0.1%
Services -0.2%
Financial -0.2%
Technology & Communications -0.2%
Industrial -0.7%

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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: XLB , LNT , EIX , XLU , NWL

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