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Monday Sector Leaders: Utilities, Materials

Shutterstock photo
Shutterstock photo

Shutterstock photo

In afternoon trading on Monday, Utilities stocks are the best performing sector, up 0.5%. Within that group, Alliant Energy Corp (Symbol: LNT) and Edison International (Symbol: EIX) are two of the day's stand-outs, showing a gain of 1.5% and 1.4%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is flat on the day on the day, and down 6.23% year-to-date. Alliant Energy Corp, meanwhile, is down 7.01% year-to-date, and Edison International, is down 4.81% year-to-date. Combined, LNT and EIX make up approximately 4.7% of the underlying holdings of XLU.

The next best performing sector is the Materials sector, up 0.2%. Among large Materials stocks, Newell Brands Inc (Symbol: NWL) and Ecolab Inc (Symbol: ECL) are the most notable, showing a gain of 4.5% and 1.3%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF ( XLB ), which is flat on the day in midday trading, and up 1.31% on a year-to-date basis. Newell Brands Inc, meanwhile, is down 6.86% year-to-date, and Ecolab Inc is up 1.84% year-to-date. ECL makes up approximately 4.8% of the underlying holdings of XLB.

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 five sectors are down.

Sector % Change
Utilities +0.5%
Materials +0.2%
Consumer Products 0.0%
Energy 0.0%
Healthcare -0.1%
Services -0.2%
Financial -0.2%
Technology & Communications -0.2%
Industrial -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

XLB XLU NWL LNT EIX

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