Looking at the sectors faring best as of midday Monday, shares of Services companies are outperforming other sectors, higher by 0.2%. Within that group, Dollar Tree Inc (Symbol: DLTR) and Ulta Beauty Inc (Symbol: ULTA) are two large stocks leading the way, showing a gain of 2.1% and 2.1%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is up 0.2% on the day, and up 17.92% year-to-date. Dollar Tree Inc, meanwhile, is up 18.02% year-to-date, and Ulta Beauty Inc is up 43.74% year-to-date. Combined, DLTR and ULTA make up approximately 1.2% of the underlying holdings of IYC.
The next best performing sector is the Consumer Products sector, up 0.1%. Among large Consumer Products stocks, Monster Beverage Corp (Symbol: MNST) and Johnson Controls International plc (Symbol: JCI) are the most notable, showing a gain of 2.6% and 1.3%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is up 0.2% in midday trading, and up 14.61% on a year-to-date basis. Monster Beverage Corp , meanwhile, is up 10.47% year-to-date, and Johnson Controls International plc is up 24.11% year-to-date. MNST makes up approximately 1.0% 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 Monday. As you can see, three sectors are up on the day, while six sectors are down.
25 Dividend Giants Widely Held By ETFs »
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.