Tuesday Sector Laggards: Consumer Products, Utilities

Looking at the sectors faring worst as of midday Tuesday, shares of Consumer Products companies are underperforming other sectors, higher by 0.6%. Within that group, Lamb Weston Holdings Inc (Symbol: LW) and Tyson Foods Inc (Symbol: TSN) are two large stocks that are lagging, showing a loss of 2.3% and 1.6%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is flat on the day on the day, and up 13.87% year-to-date. Lamb Weston Holdings Inc, meanwhile, is down 9.77% year-to-date, and Tyson Foods Inc is up 51.64% year-to-date. Combined, LW and TSN make up approximately 1.6% of the underlying holdings of IYK.

The next worst performing sector is the Utilities sector, up 0.6%. Among large Utilities stocks, Atmos Energy Corp. (Symbol: ATO) and FirstEnergy Corp (Symbol: FE) are the most notable, showing a loss of 0.3% and 0.1%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.6% in midday trading, and up 12.74% on a year-to-date basis. Atmos Energy Corp., meanwhile, is up 11.11% year-to-date, and FirstEnergy Corp is up 15.31% year-to-date. Combined, ATO and FE make up approximately 4.3% of the underlying holdings of XLU.

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 Tuesday. As you can see, nine sectors are up on the day, while none of the sectors are down.

Sector % Change
Technology & Communications +1.7%
Materials +1.6%
Energy +1.6%
Services +1.2%
Industrial +1.2%
Healthcare +1.0%
Financial +0.9%
Consumer Products +0.6%
Utilities +0.6%

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.

In This Story


Other Topics


Latest Markets Videos