Looking at the sectors faring worst as of midday Wednesday, shares of Utilities companies are underperforming other sectors, showing a 0.4% loss. Within the sector, Alliant Energy Corp (Symbol: LNT) and American Electric Power Co Inc (Symbol: AEP) are two of the day's laggards, showing a loss of 1.4% and 1.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.4% on the day, and down 5.16% year-to-date. Alliant Energy Corp, meanwhile, is down 3.46% year-to-date, and American Electric Power Co Inc, is down 6.56% year-to-date. Combined, LNT and AEP make up approximately 6.0% of the underlying holdings of XLU.
The next worst performing sector is the Healthcare sector, up 0.1%. Among large Healthcare stocks, Insulet Corp (Symbol: PODD) and Illumina Inc (Symbol: ILMN) are the most notable, showing a loss of 1.9% and 1.9%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is flat on the day in midday trading, and down 3.02% on a year-to-date basis. Insulet Corp, meanwhile, is up 9.62% year-to-date, and Illumina Inc, is down 1.39% year-to-date. Combined, PODD and ILMN make up approximately 1.1% 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 Wednesday. As you can see, eight sectors are up on the day, while one sector is down.
| Sector | % Change |
|---|---|
| Financial | +2.2% |
| Energy | +2.2% |
| Services | +1.9% |
| Industrial | +1.9% |
| Technology & Communications | +1.7% |
| Materials | +1.1% |
| Consumer Products | +0.7% |
| Healthcare | +0.1% |
| Utilities | -0.4% |
Also see:
Victor Mashaal Stock Picks IHF Average Annual Return
Institutional Holders of PTRB
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
