The worst performing sector as of midday Thursday is the Healthcare sector, showing a 2.6% loss. Within that group, Align Technology Inc (Symbol: ALGN) and Baxter International Inc (Symbol: BAX) are two large stocks that are lagging, showing a loss of 36.5% and 20.1%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 1.9% on the day, and down 3.40% year-to-date. Align Technology Inc, meanwhile, is down 37.98% year-to-date, and Baxter International Inc, is down 22.02% year-to-date. Combined, ALGN and BAX make up approximately 0.4% of the underlying holdings of XLV.
The next worst performing sector is the Materials sector, showing a 1.1% loss. Among large Materials stocks, International Paper Co (Symbol: IP) and Howmet Aerospace Inc (Symbol: HWM) are the most notable, showing a loss of 11.2% and 8.4%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is down 1.1% in midday trading, and up 5.43% on a year-to-date basis. International Paper Co, meanwhile, is down 9.74% year-to-date, and Howmet Aerospace Inc is up 61.07% year-to-date. IP makes up approximately 3.9% 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 Thursday. As you can see, two sectors are up on the day, while seven sectors are down.
| Sector | % Change |
|---|---|
| Industrial | +0.7% |
| Utilities | +0.4% |
| Energy | -0.3% |
| Services | -0.6% |
| Financial | -0.7% |
| Technology & Communications | -0.9% |
| Consumer Products | -1.0% |
| Materials | -1.1% |
| Healthcare | -2.6% |
25 Dividend Giants Widely Held By ETFs »
Also see:
Top Stocks Held By Leon Cooperman
CDW market cap history
MSON market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
