Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 0.8% loss. Within the sector, Pinnacle West Capital Corp (NYSE:PNW) and American Water Works Co, Inc. (NYSE:AWK) are two large stocks that are lagging, showing a loss of 1.4% and 1.4%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (NYSE:XLU), which is down 0.8% on the day, and up 16.05% year-to-date. Pinnacle West Capital Corp, meanwhile, is up 12.18% year-to-date, and American Water Works Co, Inc. is up 30.01% year-to-date. Combined, PNW and AWK make up approximately 3.9% of the underlying holdings of XLU.
The next worst performing sector is the Consumer Products sector, showing a 0.6% loss. Among large Consumer Products stocks, Conagra Brands Inc (NYSE:CAG) and J.M. Smucker Co. (NYSE:SJM) are the most notable, showing a loss of 3.6% and 3.3%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.3% in midday trading, and up 17.09% on a year-to-date basis. Conagra Brands Inc, meanwhile, is up 29.83% year-to-date, and J.M. Smucker Co. is up 24.03% year-to-date. Combined, CAG and SJM make up approximately 1.2% of the underlying holdings of IYK.
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 Thursday. As you can see, one sector is up on the day, while seven sectors are down.
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