In afternoon trading on Friday, Utilities stocks are the worst performing sector, showing a 1.1% loss. Within the sector, DTE Energy Co (Symbol: DTE) and Edison International (Symbol: EIX) are two large stocks that are lagging, showing a loss of 2.0% and 1.7%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.2% on the day, and up 29.87% year-to-date. DTE Energy Co, meanwhile, is up 18.14% year-to-date, and Edison International is up 21.05% year-to-date. Combined, DTE and EIX make up approximately 4.8% of the underlying holdings of XLU.
The next worst performing sector is the Financial sector, showing a 1.0% loss. Among large Financial stocks, Principal Financial Group Inc (Symbol: PFG) and Hartford Financial Services Group Inc. (Symbol: HIG) are the most notable, showing a loss of 7.4% and 6.8%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is down 1.2% in midday trading, and up 25.20% on a year-to-date basis. Principal Financial Group Inc, meanwhile, is up 8.17% year-to-date, and Hartford Financial Services Group Inc. is up 41.47% year-to-date. Combined, PFG and HIG make up approximately 0.8% of the underlying holdings of XLF.
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, one sector is up on the day, while seven sectors are down.
| Sector | % Change |
|---|---|
| Technology & Communications | +0.5% |
| Consumer Products | 0.0% |
| Services | -0.1% |
| Energy | -0.1% |
| Industrial | -0.2% |
| Healthcare | -0.6% |
| Materials | -0.9% |
| Financial | -1.0% |
| Utilities | -1.1% |
25 Dividend Giants Widely Held By ETFs »
Also see:
Funds Holding HF
Institutional Holders of Garmin
Funds Holding SDVY
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
