Monday Sector Laggards: Materials, Utilities

In afternoon trading on Monday, Materials stocks are the worst performing sector, showing a 0.6% loss. Within the sector, Ecolab Inc (Symbol: ECL) and Dow Inc (Symbol: DOW) are two of the day's laggards, showing a loss of 4.1% and 3.5%, 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 13.95% year-to-date. Ecolab Inc, meanwhile, is up 29.49% year-to-date, and Dow Inc is up 0.54% year-to-date. Combined, ECL and DOW make up approximately 13.1% of the underlying holdings of XLB.

The next worst performing sector is the Utilities sector, showing a 0.3% loss. Among large Utilities stocks, AES Corp. (Symbol: AES) and PPL Corp (Symbol: PPL) are the most notable, showing a loss of 1.9% and 1.4%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is down 0.3% in midday trading, and up 15.43% on a year-to-date basis. AES Corp., meanwhile, is up 17.80% year-to-date, and PPL Corp is up 12.39% year-to-date. Combined, AES and PPL make up approximately 4.1% of the underlying holdings of XLU.

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 Monday. As you can see, four sectors are up on the day, while four sectors are down.

Sector % Change
Energy +1.6%
Healthcare +0.8%
Services +0.4%
Technology & Communications +0.4%
Financial -0.0%
Industrial -0.1%
Consumer Products -0.2%
Utilities -0.3%
Materials -0.6%

10 ETFs With Stocks That Insiders Are Buying »

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

In This Story


Other Topics


Latest Markets Videos

    BNK Invest

    BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

    Learn More