Looking at the sectors faring worst as of midday Tuesday, shares of Technology & Communications companies are underperforming other sectors, showing a 2.3% loss. Within the sector, Paycom Software Inc (NYSE:PAYC) and Tyler Technologies, Inc. (NYSE:TYL) are two of the day's laggards, showing a loss of 5.4% and 5.0%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is down 2.7% on the day, and down 18.60% year-to-date. Paycom Software Inc, meanwhile, is down 30.87% year-to-date, and Tyler Technologies, Inc., is down 29.96% year-to-date. Combined, PAYC and TYL make up approximately 0.3% of the underlying holdings of XLK.
The next worst performing sector is the Healthcare sector, showing a 2.2% loss. Among large Healthcare stocks, Universal Health Services, Inc. (NYSE:UHS) and Charles River Laboratories International Inc. (NYSE:CRL) are the most notable, showing a loss of 9.8% and 8.3%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 1.4% in midday trading, and down 5.48% on a year-to-date basis. Universal Health Services, Inc., meanwhile, is down 3.26% year-to-date, and Charles River Laboratories International Inc., is down 38.37% year-to-date. Combined, UHS and CRL make up approximately 0.4% of the underlying holdings of XLV.
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, one sector is up on the day, while eight sectors are down.
Sector
% Change
Energy
+1.2%
Utilities
-0.4%
Materials
-1.2%
Financial
-1.6%
Consumer Products
-1.8%
Industrial
-2.0%
Services
-2.1%
Healthcare
-2.2%
Technology & Communications
-2.3%
This Article's Word Cloud:AmongCareChangeCharlesCombinedCommunicationsComparingConsumerDividendETFsEnergyFinancialHealthHealthcareInternationalLaboratoriesNYSEPAYCPaycomRiverSPDRSectorSelectServicesSoftwareTechnologiesTechnologyTuesdayTylerUniversalapproximatelybasisdatedownfaringholdingslossmakemeanwhilemiddayrespectivelysectorsectorsshowingstockstradingunderlyingwhichworstyear
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