Looking at the sectors faring worst as of midday Wednesday, shares of Financial companies are underperforming other sectors, showing a 0.9% loss. Within that group, CBRE Group Inc (Symbol: CBRE) and Assurant Inc (Symbol: AIZ) are two large stocks that are lagging, showing a loss of 14.1% and 7.4%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 1.5% on the day, and down 3.73% year-to-date. CBRE Group Inc, meanwhile, is down 9.02% year-to-date, and Assurant Inc, is down 9.07% year-to-date. AIZ makes up approximately 0.1% of the underlying holdings of XLF.
The next worst performing sector is the Services sector, showing a 0.7% loss. Among large Services stocks, Carvana Co (Symbol: CVNA) and DoorDash Inc (Symbol: DASH) are the most notable, showing a loss of 10.2% and 5.6%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is down 0.5% in midday trading, and down 0.48% on a year-to-date basis. Carvana Co, meanwhile, is down 16.67% year-to-date, and DoorDash Inc, is down 22.60% year-to-date. CVNA makes up approximately 0.8% of the underlying holdings of IYC.
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 Wednesday. As you can see, five sectors are up on the day, while four sectors are down.
| Sector | % Change |
|---|---|
| Energy | +2.4% |
| Consumer Products | +0.7% |
| Utilities | +0.6% |
| Materials | +0.6% |
| Healthcare | +0.4% |
| Industrial | -0.2% |
| Services | -0.7% |
| Technology & Communications | -0.7% |
| Financial | -0.9% |
10 ETFs With Stocks That Insiders Are Buying »
Also see:
MEIP shares outstanding history
Veralto market cap history
BOFI shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
