The worst performing sector as of midday Friday is the Consumer Products sector, up 0.4%. Within that group, Monster Beverage Corp (NASDAQ:MNST) and Kellogg Co (NYSE:K) are two large stocks that are lagging, showing a loss of 5.1% and 1.5%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (NYSE:IYK), which is up 0.6% on the day, and up 5.87% year-to-date. Monster Beverage Corp , meanwhile, is down 2.48% year-to-date, and Kellogg Co is up 7.78% year-to-date. Combined, MNST and K make up approximately 1.5% of the underlying holdings of IYK.
The next worst performing sector is the Financial sector, up 0.5%. Among large Financial stocks, CME Group (NASDAQ:CME) and Unum Group (NYSE:UNM) are the most notable, showing a loss of 1.1% and 1.0%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is up 0.2% in midday trading, and up 28.29% on a year-to-date basis. CME Group, meanwhile, is up 11.47% year-to-date, and Unum Group is up 32.17% year-to-date. Combined, CME and UNM make up approximately 1.9% of the underlying holdings of XLF.
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 Friday. As you can see, nine sectors are up on the day, while none of the sectors are down.
Technology & Communications
This Article's Word Cloud:AmongBeverageBuyingChangeCombinedCommunicationsComparingConsumerCorpETFsEnergyFinancialFridayGoodsGroupHealthcareHereIndustrialInsidersKelloggMNSTMaterialsMonsterNYSEProductsSPDRSectorUnumapproximatelybasisdatedownholdingslargelossmakemeanwhilemiddayperformingrespectivelysectorsectorsshowingstocksthattradingunderlyingwhichworstyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.