Tuesday Sector Leaders: Utilities, Consumer Products

The best performing sector as of midday Tuesday is the Utilities sector, up 1.7%. Within that group, Edison International (Symbol: EIX) and Duke Energy Corp (Symbol: DUK) are two large stocks leading the way, showing a gain of 4.1% and 3.9%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 1.7% on the day, and down 4.78% year-to-date. Edison International, meanwhile, is down 24.92% year-to-date, and Duke Energy Corp, is down 5.29% year-to-date. Combined, EIX and DUK make up approximately 9.7% of the underlying holdings of XLU.

The next best performing sector is the Consumer Products sector, up 0.7%. Among large Consumer Products stocks, Royal Caribbean Cruises Ltd (Symbol: RCL) and Cummins, Inc. (Symbol: CMI) are the most notable, showing a gain of 5.3% and 4.4%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 0.3% in midday trading, and up 5.74% on a year-to-date basis. Royal Caribbean Cruises Ltd, meanwhile, is down 60.53% year-to-date, and Cummins, Inc. is up 12.86% 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 four sectors are down.

Sector % Change
Utilities +1.7%
Consumer Products +0.7%
Financial +0.7%
Services +0.6%
Industrial +0.3%
Healthcare -0.3%
Technology & Communications -0.5%
Energy -1.2%
Materials -1.3%

25 Dividend Giants Widely Held By ETFs »

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.