Tuesday Sector Laggards: Healthcare, Energy

The worst performing sector as of midday Tuesday is the Healthcare sector, showing a 1.2% loss. Within that group, Catalent Inc (Symbol: CTLT) and 3M Co (Symbol: MMM) are two large stocks that are lagging, showing a loss of 5.1% and 5.1%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 0.8% on the day, and down 1.57% year-to-date. Catalent Inc, meanwhile, is up 9.77% year-to-date, and 3M Co, is down 4.94% year-to-date. CTLT makes up approximately 0.2% of the underlying holdings of XLV.

The next worst performing sector is the Energy sector, showing a 1.1% loss. Among large Energy stocks, EQT Corp (Symbol: EQT) and Occidental Petroleum Corp (Symbol: OXY) are the most notable, showing a loss of 3.5% and 3.0%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF (XLE), which is down 0.7% in midday trading, and up 6.64% on a year-to-date basis. EQT Corp, meanwhile, is up 6.88% year-to-date, and Occidental Petroleum Corp is up 5.67% year-to-date. Combined, EQT and OXY make up approximately 4.2% of the underlying holdings of XLE.

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 four sectors are down.

Sector % Change
Consumer Products +0.5%
Industrial +0.3%
Utilities +0.2%
Financial +0.2%
Services -0.0%
Materials -0.4%
Technology & Communications -0.6%
Energy -1.1%
Healthcare -1.2%

10 ETFs With Stocks That Insiders Are Buying »

Also see:
• Market News Video
• OPHT YTD Return

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

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.