XLU

Tuesday Sector Laggards: Utilities, Financial

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In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 0.5% loss. Within that group, Alliant Energy Corp (Symbol: LNT) and American Water Works Co, Inc. (Symbol: AWK) are two large stocks that are lagging, showing a loss of 1.7% and 1.6%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.7% on the day, and down 5.36% year-to-date. Alliant Energy Corp, meanwhile, is down 5.65% year-to-date, and American Water Works Co, Inc., is down 11.20% year-to-date. Combined, LNT and AWK make up approximately 3.8% of the underlying holdings of XLU.

The next worst performing sector is the Financial sector, showing a 0.3% loss. Among large Financial stocks, American Tower Corp (Symbol: AMT) and Crown Castle International Corp (Symbol: CCI) are the most notable, showing a loss of 1.6% and 1.4%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF ( XLF ), which is down 0.4% in midday trading, and down 1.20% on a year-to-date basis. American Tower Corp , meanwhile, is down 2.89% year-to-date, and Crown Castle International Corp , is down 6.36% year-to-date.

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, five sectors are up on the day, while three sectors are down.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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