Quantcast

Wednesday Sector Laggards: Materials, Consumer Products


Shutterstock photo

In afternoon trading on Wednesday, Materials stocks are the worst performing sector, showing a 0.8% loss. Within the sector, Masco Corp. (Symbol: MAS) and Packaging Corp of America (Symbol: PKG) are two large stocks that are lagging, showing a loss of 2.2% and 2.2%, respectively. Among the high volume ETFs , one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is down 0.9% on the day, and up 0.27% year-to-date. Masco Corp., meanwhile, is down 13.01% year-to-date, and Packaging Corp of America is up 0.80% year-to-date. PKG makes up approximately 1.8% of the underlying holdings of XLB.

The next worst performing sector is the Consumer Products sector, showing a 0.5% loss. Among large Consumer Products stocks, PVH Corp (Symbol: PVH) and Fortune Brands Home & Security, Inc. (Symbol: FBHS) are the most notable, showing a loss of 2.3% and 2.2%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is down 0.5% in midday trading, and down 5.50% on a year-to-date basis. PVH Corp, meanwhile, is up 18.41% year-to-date, and Fortune Brands Home & Security, Inc., is down 16.55% year-to-date. PVH makes up approximately 0.6% 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:

Stock Market Game

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

Sector % Change
Healthcare +0.1%
Technology & Communications 0.0%
Energy -0.1%
Utilities -0.2%
Financial -0.2%
Industrial -0.3%
Services -0.4%
Consumer Products -0.5%
Materials -0.8%

25 Dividend Giants Widely Held By ETFs 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
Referenced Symbols: IYK , MAS , PKG , XLB , PVH



More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing










Research Brokers before you trade

Want to trade FX?