Tuesday Sector Laggards: Healthcare, Utilities

Shutterstock photo

Looking at the sectors faring worst as of midday Tuesday, shares of Healthcare companies are underperforming other sectors, showing a 1.4% loss. Within that group, Agilent Technologies, Inc. (Symbol: A) and Celgene Corp (Symbol: CELG) are two of the day's laggards, showing a loss of 8.3% and 3.6%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 1.4% on the day, and down 0.00% year-to-date. Agilent Technologies, Inc., meanwhile, is down 4.78% year-to-date, and Celgene Corp, is down 21.24% year-to-date. Combined, A and CELG make up approximately 2.6% of the underlying holdings of XLV.

The next worst performing sector is the Utilities sector, showing a 1.3% loss. Among large Utilities stocks, NRG Energy Inc (Symbol: NRG) and American Water Works Co, Inc. (Symbol: AWK) are the most notable, showing a loss of 2.5% and 2.0%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF ( XLU ), which is down 1.2% in midday trading, and down 5.10% on a year-to-date basis. NRG Energy Inc, meanwhile, is up 19.24% year-to-date, and American Water Works Co, Inc., is down 10.47% year-to-date. Combined, NRG and AWK make up approximately 3.9% of the underlying holdings of XLU.

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 Tuesday. As you can see, one sector is up on the day, while eight sectors are down.

Sector % Change
Energy +0.1%
Consumer Products -0.2%
Industrial -0.5%
Materials -0.5%
Financial -0.6%
Services -0.7%
Technology & Communications -1.0%
Utilities -1.3%
Healthcare -1.4%

10 ETFs With Stocks That Insiders Are Buying ยป

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: XLU , A , CELG , XLV , NRG

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?