Tuesday Sector Laggards: Utilities, Consumer Products

Apr 29 2014, 3:10pm CDT | by

Looking at the sectors faring worst as of midday Tuesday, shares of Utilities companies are underperforming other sectors, showing a 0.4% loss. Within that group, Pepco Holdings Inc. (NYSE: POM) and Exelon Corp. (NYSE: EXC) are two of the day’s laggards, showing a loss of 1.4% and 1.3%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (AMEX: XLU), which is down 0.4% on the day, and up 14.50% year-to-date. Pepco Holdings Inc., meanwhile, is up 20.44% year-to-date, and Exelon Corp. is up 32.75% year-to-date. Combined, POM and EXC make up approximately 7.0% of the underlying holdings of XLU.

The next worst performing sector is the Consumer Products sector, showing a 0.1% loss. Among large Consumer Products stocks, Coach, Inc. (NYSE: COH) and PACCAR Inc. (NASD: PCAR) are the most notable, showing a loss of 8.8% and 3.3%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.1% in midday trading, and up 1.19% on a year-to-date basis. Coach, Inc., meanwhile, is down 17.45% year-to-date, and PACCAR Inc. is up 7.88% year-to-date. COH makes up approximately 0.7% of the underlying holdings of IYK.

Click here to find out 25 Dividend Giants Widely Held By ETFs »

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, seven sectors are up on the day, while two sectors are down.

Sector % Change
Technology & Communications +1.1%
Energy +0.8%
Financial +0.7%
Materials +0.7%
Services +0.4%
Industrial +0.4%
Healthcare +0.4%
Consumer Products -0.1%
Utilities -0.4%
 
 
 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Need for Speed Reboot is Coming This Fall
Need for Speed Reboot is Coming This Fall
EA will release a complete new Need for Speed this fall. The video game giant just released a teaser video and the first Need for Speed Gameplay video will be revealed in June.
 
 
Google Self-Driving Cars to Hit Public Roads this Summer
Google Self-Driving Cars to Hit Public Roads this Summer
Google announced today that Google Car prototype vehicles will leave the test track and hit the familiar roads of Mountain View.
 
 
Google Search Analytics Launched in Web Master Tools
Google Search Analytics Launched in Web Master Tools
Google officially announced the new Search Analytics feature in Webmaster tools.
 
 
T-Mobile Hits Verizon with new 'Never Settle Trial' Campaign
T-Mobile Hits Verizon with new 'Never Settle Trial' Campaign
In case customers don't feel satisfied, T-Mobile will pay for them to shift back to Verizon