Looking at the sectors faring worst as of midday Thursday, shares of Energy companies are underperforming other sectors, showing a 1.0% loss. Within that group, TechnipFMC plc (Symbol: FTI) and National Oilwell Varco Inc (Symbol: NOV) are two large stocks that are lagging, showing a loss of 12.1% and 4.7%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 0.6% on the day, and up 5.65% year-to-date. TechnipFMC plc, meanwhile, is up 7.23% year-to-date, and National Oilwell Varco Inc, is down 19.16% year-to-date. Combined, FTI and NOV make up approximately 1.8% of the underlying holdings of XLE.
The next worst performing sector is the Consumer Products sector, showing a 0.6% loss. Among large Consumer Products stocks, Ford Motor Co. (Symbol: F) and Hershey Company (Symbol: HSY) are the most notable, showing a loss of 6.9% and 2.8%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 0.3% in midday trading, and up 21.63% on a year-to-date basis. Ford Motor Co. , meanwhile, is up 19.95% year-to-date, and Hershey Company is up 37.91% year-to-date. Combined, F and HSY make up approximately 2.5% 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 Thursday. As you can see, three sectors are up on the day, while five sectors are down.
Sector | % Change |
---|---|
Utilities | +0.3% |
Industrial | +0.2% |
Technology & Communications | +0.1% |
Services | -0.0% |
Materials | -0.1% |
Healthcare | -0.4% |
Financial | -0.4% |
Consumer Products | -0.6% |
Energy | -1.0% |
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