Tuesday Sector Laggards: Utilities, Consumer Products

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Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 0.8% loss. Within that group, CenterPoint Energy, Inc (Symbol: CNP) and NRG Energy Inc (Symbol: NRG) are two large stocks that are lagging, showing a loss of 1.8% and 1.4%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.7% on the day, and up 10.79% year-to-date. CenterPoint Energy, Inc, meanwhile, is up 5.98% year-to-date, and NRG Energy Inc, is down 8.17% year-to-date. Combined, CNP and NRG make up approximately 3.3% of the underlying holdings of XLU.

The next worst performing sector is the Consumer Products sector, higher by 1.1%. Among large Consumer Products stocks, Ralph Lauren Corp (Symbol: RL) and Church & Dwight Co Inc (Symbol: CHD) are the most notable, showing a loss of 3.9% and 1.0%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is up 1.1% in midday trading, and up 14.00% on a year-to-date basis. Ralph Lauren Corp, meanwhile, is up 10.49% year-to-date, and Church & Dwight Co Inc is up 11.25% year-to-date. Combined, RL and CHD make up approximately 1.1% 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:

Portfolio 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, eight sectors are up on the day, while one sector is down.

Sector % Change
Energy +2.3%
Technology & Communications +2.0%
Industrial +1.6%
Services +1.4%
Materials +1.4%
Healthcare +1.3%
Financial +1.3%
Consumer Products +1.1%
Utilities -0.8%

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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 , Stocks
Referenced Symbols: IYK , CNP , NRG , XLU , RL

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