XLU

Friday Sector Laggards: Utilities, Consumer Products

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The worst performing sector as of midday Friday is the Utilities sector, not showing much of a gain. Within that group, SCANA Corp (Symbol: SCG) and Sempra Energy (Symbol: SRE) are two of the day's laggards, showing a loss of 1.9% and 0.9%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is flat on the day on the day, and down 6.47% year-to-date. SCANA Corp, meanwhile, is up 0.08% year-to-date, and Sempra Energy is up 1.76% year-to-date. Combined, SCG and SRE make up approximately 5.5% of the underlying holdings of XLU.

The next worst performing sector is the Consumer Products sector, up 0.6%. Among large Consumer Products stocks, Mattel Inc (Symbol: MAT) and Hasbro, Inc. (Symbol: HAS) are the most notable, showing a loss of 7.2% and 1.9%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is up 0.4% in midday trading, and down 2.49% on a year-to-date basis. Mattel Inc, meanwhile, is down 3.61% year-to-date, and Hasbro, Inc. is up 1.46% year-to-date. Combined, MAT and HAS make up approximately 0.7% 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:

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, eight sectors are up on the day, while none of the sectors are down.

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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.


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

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