Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 0.7% loss. Within the sector, PG&E Corp (Symbol: PCG) and Edison International (Symbol: EIX) are two large stocks that are lagging, showing a loss of 3.9% and 3.6%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.6% on the day, and up 14.65% year-to-date. PG&E Corp, meanwhile, is down 26.51% year-to-date, and Edison International, is down 29.32% year-to-date. Combined, PCG and EIX make up approximately 4.1% of the underlying holdings of XLU.
The next worst performing sector is the Technology & Communications sector, showing a 0.6% loss. Among large Technology & Communications stocks, First Solar Inc (Symbol: FSLR) and Enphase Energy Inc. (Symbol: ENPH) are the most notable, showing a loss of 6.7% and 4.1%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is down 0.4% in midday trading, and up 11.65% on a year-to-date basis. First Solar Inc, meanwhile, is up 9.28% year-to-date, and Enphase Energy Inc., is down 50.20% year-to-date. Combined, FSLR and ENPH make up approximately 0.3% of the underlying holdings of XLK.
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 |
|---|---|
| Energy | +0.6% |
| Materials | +0.3% |
| Healthcare | -0.2% |
| Consumer Products | -0.3% |
| Financial | -0.3% |
| Industrial | -0.3% |
| Services | -0.5% |
| Technology & Communications | -0.6% |
| Utilities | -0.7% |
25 Dividend Giants Widely Held By ETFs »
Also see:
Institutional Holders of MSCI
Top Ten Hedge Funds Holding OLIT
HPQ Stock Split History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
