Markets
LB

Monday Sector Laggards: Healthcare, Services

Shutterstock photo
Shutterstock photo

Shutterstock photo

Looking at the sectors faring worst as of midday Monday, shares of Healthcare companies are underperforming other sectors, showing a 0.1% loss. Within that group, Biogen Inc (Symbol: BIIB) and Regeneron Pharmaceuticals, Inc. (Symbol: REGN) are two large stocks that are lagging, showing a loss of 3.8% and 2.9%, respectively. Among healthcare ETFs , one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 0.4% on the day, and up 2.68% year-to-date. Biogen Inc, meanwhile, is up 3.40% year-to-date, and Regeneron Pharmaceuticals, Inc., is down 0.58% year-to-date. Combined, BIIB and REGN make up approximately 3.2% of the underlying holdings of XLV.

The next worst performing sector is the Services sector, up 0.1%. Among large Services stocks, L Brands, Inc (Symbol: LB) and Ulta Beauty Inc (Symbol: ULTA) are the most notable, showing a loss of 2.5% and 2.5%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF ( IYC ), which is up 0.1% in midday trading, and up 2.74% on a year-to-date basis. L Brands, Inc, meanwhile, is down 18.48% year-to-date, and Ulta Beauty Inc is up 3.73% year-to-date. Combined, LB and ULTA make up approximately 0.8% 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, eight sectors are up on the day, while one sector is down.

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

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.


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

LB REGN XLV BIIB IYC

Latest Markets Videos