Quantcast

Wednesday Sector Laggards: Consumer Products, Services


Shutterstock photo

Looking at the sectors faring worst as of midday Wednesday, shares of Consumer Products companies are underperforming other sectors, showing a 0.1% loss. Within that group, Coty, Inc. (Symbol: COTY) and Church & Dwight Co Inc (Symbol: CHD) are two of the day's laggards, showing a loss of 22.1% and 2.4%, respectively. Among consumer products ETFs , one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is up 0.3% on the day, and down 4.17% year-to-date. Coty, Inc., meanwhile, is down 54.35% year-to-date, and Church & Dwight Co Inc is up 33.29% year-to-date. Combined, COTY and CHD make up approximately 1.0% of the underlying holdings of IYK.

The next worst performing sector is the Services sector, up 0.6%. Among large Services stocks, Michael Kors Holdings Ltd (Symbol: KORS) and Carmax Inc. (Symbol: KMX) are the most notable, showing a loss of 14.4% and 3.5%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF ( IYC ), which is up 2.2% in midday trading, and up 14.53% on a year-to-date basis. Michael Kors Holdings Ltd, meanwhile, is down 21.86% year-to-date, and Carmax Inc. is up 6.05% year-to-date. KMX makes up approximately 0.4% of the underlying holdings of IYC.

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:

Stock Message Boards

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

Sector % Change
Healthcare +2.9%
Industrial +1.6%
Technology & Communications +1.4%
Energy +1.4%
Financial +1.0%
Materials +1.0%
Utilities +0.8%
Services +0.6%
Consumer Products -0.1%

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: IYC , COTY , CHD , IYK , KORS



More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing










Research Brokers before you trade

Want to trade FX?