Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 1.1% loss. Within that group, Pinnacle West Capital Corp (Symbol: PNW) and FirstEnergy Corp (Symbol: FE) are two large stocks that are lagging, showing a loss of 2.1% and 2.0%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.1% on the day, and down 6.23% year-to-date. Pinnacle West Capital Corp, meanwhile, is down 9.48% year-to-date, and FirstEnergy Corp is up 5.65% year-to-date. Combined, PNW and FE make up approximately 3.7% of the underlying holdings of XLU.
The next worst performing sector is the Healthcare sector, showing a 0.2% loss. Among large Healthcare stocks, Vertex Pharmaceuticals, Inc. (Symbol: VRTX) and Bristol-Myers Squibb Co. (Symbol: BMY) are the most notable, showing a loss of 3.5% and 2.1%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 0.5% in midday trading, and up 1.61% on a year-to-date basis. Vertex Pharmaceuticals, Inc., meanwhile, is up 11.49% year-to-date, and Bristol-Myers Squibb Co. is up 7.36% year-to-date. Combined, VRTX and BMY make up approximately 4.8% of the underlying holdings of XLV.
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.
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