The worst performing sector as of midday Tuesday is the Healthcare sector, showing a 0.6% loss. Within that group, Zimmer Biomet Holdings Inc (Symbol: ZBH) and DaVita Inc (Symbol: DVA) are two large stocks that are lagging, showing a loss of 3.7% and 3.6%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 0.7% on the day, and up 4.75% year-to-date. Zimmer Biomet Holdings Inc, meanwhile, is down 12.39% year-to-date, and DaVita Inc is up 12.09% year-to-date. Combined, ZBH and DVA make up approximately 0.9% of the underlying holdings of XLV.
The next worst performing sector is the Financial sector, showing a 0.1% loss. Among large Financial stocks, American International Group Inc (Symbol: AIG) and Lincoln National Corp. (Symbol: LNC) are the most notable, showing a loss of 7.8% and 3.3%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is down 0.7% in midday trading, and down 21.24% on a year-to-date basis. American International Group Inc, meanwhile, is down 41.04% year-to-date, and Lincoln National Corp., is down 36.40% year-to-date. Combined, AIG and LNC make up approximately 1.2% of the underlying holdings of XLF.
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, seven sectors are up on the day, while two sectors are down.
| Sector | % Change |
|---|---|
| Energy | +2.4% |
| Materials | +1.8% |
| Services | +1.0% |
| Consumer Products | +0.4% |
| Utilities | +0.3% |
| Technology & Communications | +0.2% |
| Industrial | +0.2% |
| Financial | -0.1% |
| Healthcare | -0.6% |
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
