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Tuesday Sector Laggards: Utilities, Healthcare


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In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 1.6% loss. Within the sector, Public Service Enterprise Group Inc (Symbol: PEG) and Exelon Corp (Symbol: EXC) are two large stocks that are lagging, showing a loss of 2.4% and 2.1%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.5% on the day, and up 9.16% year-to-date. Public Service Enterprise Group Inc, meanwhile, is up 13.41% year-to-date, and Exelon Corp is up 9.72% year-to-date. Combined, PEG and EXC make up approximately 9.9% of the underlying holdings of XLU.

The next worst performing sector is the Healthcare sector, showing a 1.6% loss. Among large Healthcare stocks, HCA Healthcare Inc (Symbol: HCA) and Cigna Corp (Symbol: CI) are the most notable, showing a loss of 9.7% and 7.9%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 1.7% in midday trading, and up 2.88% on a year-to-date basis. HCA Healthcare Inc, meanwhile, is down 7.46% year-to-date, and Cigna Corp , is down 20.55% year-to-date. Combined, HCA and CI make up approximately 2.8% of the underlying holdings of XLV.

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:

Canada Stock 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, four sectors are up on the day, while five sectors are down.

Sector % Change
Services +0.4%
Technology & Communications +0.4%
Energy +0.4%
Industrial +0.2%
Consumer Products -0.1%
Financial -0.3%
Materials -0.4%
Utilities -1.6%
Healthcare -1.6%

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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: XLV , PEG , EXC , XLU , HCA




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