Featured Image

Looking at the sectors faring worst as of midday Thursday, shares of Services companies are underperforming other sectors, showing a 0.5% loss. Within that group, Netflix Inc (Symbol: NFLX) and Dollar Tree Inc (Symbol: DLTR) are two large stocks that are lagging, showing a loss of 10.2% and 2.4%, respectively. Among the largest ETFs , one ETF closely following services stocks is the iShares U.S. Consumer Services ETF (Symbol: IYC), which is down 1.1% on the day, and up 23.47% year-to-date. Netflix Inc, meanwhile, is up 21.55% year-to-date, and Dollar Tree Inc is up 21.31% year-to-date. Combined, NFLX and DLTR make up approximately 4.8% of the underlying holdings of IYC.

The next worst performing sector is the Energy sector, showing a 0.3% loss. Among large Energy stocks, Apache Corp (Symbol: APA) and Halliburton Company (Symbol: HAL) are the most notable, showing a loss of 4.1% and 1.6%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is down 0.5% in midday trading, and up 10.24% on a year-to-date basis. Apache Corp, meanwhile, is down 8.65% year-to-date, and Halliburton Company, is down 18.04% year-to-date. Combined, APA and HAL make up approximately 2.4% of the underlying holdings of XLE.

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:

Preferred Stock Channel

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

Sector % Change
Financial +0.6%
Healthcare +0.5%
Utilities +0.4%
Technology & Communications +0.3%
Consumer Products +0.2%
Industrial -0.0%
Materials -0.2%
Energy -0.3%
Services -0.5%

25 Dividend Giants Widely Held By ETFs 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