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Tuesday Sector Laggards: Utilities, Healthcare

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In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 1.6% loss. Within the sector, Public Service Enterprise Group Inc (Symbol: PEG) and Exelon Corp (Symbol: EXC) are two large stocks that are lagging, showing a loss of 2.4% and 2.1%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 1.5% on the day, and up 9.16% year-to-date. Public Service Enterprise Group Inc, meanwhile, is up 13.41% year-to-date, and Exelon Corp is up 9.72% year-to-date. Combined, PEG and EXC make up approximately 9.9% of the underlying holdings of XLU.

The next worst performing sector is the Healthcare sector, showing a 1.6% loss. Among large Healthcare stocks, HCA Healthcare Inc (Symbol: HCA) and Cigna Corp (Symbol: CI) are the most notable, showing a loss of 9.7% and 7.9%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF ( XLV ), which is down 1.7% in midday trading, and up 2.88% on a year-to-date basis. HCA Healthcare Inc, meanwhile, is down 7.46% year-to-date, and Cigna Corp , is down 20.55% year-to-date. Combined, HCA and CI make up approximately 2.8% 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, four sectors are up on the day, while five sectors are down.

Sector % Change
Services +0.4%
Technology & Communications +0.4%
Energy +0.4%
Industrial +0.2%
Consumer Products -0.1%
Financial -0.3%
Materials -0.4%
Utilities -1.6%
Healthcare -1.6%

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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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