BF.B

Friday Sector Laggards: Consumer Products, Services

In afternoon trading on Friday, Consumer Products stocks are the worst performing sector, showing a 0.9% loss. Within that group, Brown-Forman Corp (Symbol: BF.B) and Molson Coors Beverage Co (Symbol: TAP) are two large stocks that are lagging, showing a loss of 3.6% and 3.5%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is down 0.6% on the day, and up 3.44% year-to-date. Brown-Forman Corp, meanwhile, is up 1.46% year-to-date, and Molson Coors Beverage Co is up 4.65% year-to-date. TAP makes up approximately 0.4% of the underlying holdings of IYK.

The next worst performing sector is the Services sector, showing a 0.9% loss. Among large Services stocks, Lennar Corp (Symbol: LEN) and Horton Inc (Symbol: DHI) are the most notable, showing a loss of 3.9% and 3.8%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is down 0.4% in midday trading, and up 2.69% on a year-to-date basis. Lennar Corp, meanwhile, is up 14.33% year-to-date, and Horton Inc is up 7.52% year-to-date. Combined, LEN and DHI make up approximately 1.0% 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:

Energy Stock Channel

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

Sector% Change
Financial+0.3%
Industrial+0.2%
Energy+0.2%
Technology & Communications-0.0%
Utilities-0.4%
Healthcare-0.5%
Materials-0.7%
Consumer Products-0.9%
Services-0.9%

10 ETFs With Stocks That Insiders Are Buying »

Also see:

• Funds Holding MSVB
• NOA Insider Buying
• VENU Stock Predictions

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.