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XLV

Monday Sector Laggards: Healthcare, Services

Shutterstock photo
Shutterstock photo

Shutterstock photo

The worst performing sector as of midday Monday is the Healthcare sector, showing a 0.7% loss. Within the sector, Incyte Corporation (Symbol: INCY) and Alexion Pharmaceuticals Inc. (Symbol: ALXN) are two large stocks that are lagging, showing a loss of 4.1% and 3.8%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 0.6% on the day, and up 9.92% year-to-date. Incyte Corporation, meanwhile, is up 17.12% year-to-date, and Alexion Pharmaceuticals Inc. is up 1.34% year-to-date. Combined, INCY and ALXN make up approximately 1.7% of the underlying holdings of XLV.

The next worst performing sector is the Services sector, showing a 0.3% loss. Among large Services stocks, Charter Communications Inc (Symbol: CHTR) and Scripps Networks Interactive Inc (Symbol: SNI) are the most notable, showing a loss of 3.2% and 2.6%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF ( IYC ), which is down 0.2% in midday trading, and up 9.98% on a year-to-date basis. Charter Communications Inc , meanwhile, is up 12.58% year-to-date, and Scripps Networks Interactive Inc, is down 0.62% year-to-date. Combined, CHTR and SNI make up approximately 2.4% 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:

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, two sectors are up on the day, while six sectors are down.

Sector % Change
Energy +0.4%
Consumer Products +0.1%
Technology & Communications 0.0%
Utilities -0.2%
Industrial -0.2%
Materials -0.2%
Services -0.3%
Financial -0.3%
Healthcare -0.7%

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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.

In This Story

XLV ALXN CHTR IYC INCY