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Thursday Sector Laggards: Services, Consumer Products


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Looking at the sectors faring worst as of midday Thursday, shares of Services companies are underperforming other sectors, showing a 1.7% loss. Within that group, Dollar Tree Inc (Symbol: DLTR) and Dollar General Corp (Symbol: DG) are two of the day's laggards, showing a loss of 13.6% and 9.5%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is down 1.0% on the day, and up 4.70% year-to-date. Dollar Tree Inc, meanwhile, is down 22.44% year-to-date, and Dollar General Corp, is down 5.49% year-to-date. Combined, DLTR and DG make up approximately 1.3% of the underlying holdings of IYC.

The next worst performing sector is the Consumer Products sector, showing a 1.6% loss. Among large Consumer Products stocks, Clorox Co (Symbol: CLX) and Kimberly-Clark Corp. (Symbol: KMB) are the most notable, showing a loss of 4.7% and 4.5%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is down 1.3% in midday trading, and down 9.50% on a year-to-date basis. Clorox Co , meanwhile, is down 17.98% year-to-date, and Kimberly-Clark Corp., is down 15.71% year-to-date. Combined, CLX and KMB make up approximately 2.5% 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:

Dividend Channel

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Thursday. As you can see, one sector is up on the day, while eight sectors are down.

Sector % Change
Utilities +0.2%
Technology & Communications -0.5%
Healthcare -0.9%
Energy -0.9%
Financial -1.0%
Industrial -1.3%
Materials -1.3%
Consumer Products -1.6%
Services -1.7%

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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: IYK , DLTR , DG , IYC , CLX


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