Featured Image

The worst performing sector as of midday Monday is the Utilities sector, showing a 3.6% loss. Within the sector, PG&E Corp (Symbol: PCG) and Pinnacle West Capital Corp (Symbol: PNW) are two of the day's laggards, showing a loss of 48.3% and 3.1%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 2.6% on the day, and down 2.04% year-to-date. PG&E Corp , meanwhile, is down 61.68% year-to-date, and Pinnacle West Capital Corp, is down 3.56% year-to-date. Combined, PCG and PNW make up approximately 2.0% of the underlying holdings of XLU.

The next worst performing sector is the Technology & Communications sector, showing a 0.8% loss. Among large Technology & Communications stocks, Western Digital Corp (Symbol: WDC) and Take-Two Interactive Software, Inc. (Symbol: TTWO) are the most notable, showing a loss of 5.5% and 4.0%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF ( XLK ), which is down 0.9% in midday trading, and up 1.62% on a year-to-date basis. Western Digital Corp, meanwhile, is up 2.33% year-to-date, and Take-Two Interactive Software, Inc. is up 1.62% year-to-date. WDC makes up approximately 0.2% of the underlying holdings of XLK.

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:

Energy Stock Channel

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, two sectors are up on the day, while six sectors are down.

Sector % Change
Energy +0.4%
Financial +0.2%
Industrial -0.0%
Consumer Products -0.1%
Services -0.5%
Materials -0.5%
Healthcare -0.7%
Technology & Communications -0.8%
Utilities -3.6%

10 ETFs With Stocks That Insiders Are Buying ยป

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

More from BNK INVEST

Related Articles