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In afternoon trading on Monday, Utilities stocks are the worst performing sector, showing a 0.9% loss. Within that group, AES Corp (NYSE:AES) and Consolidated Edison Inc (NYSE:ED) are two large stocks that are lagging, showing a loss of 2.2% and 1.6%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (NYSE:XLU), which is down 0.9% on the day, and down 7.75% year-to-date. AES Corp, meanwhile, is down 30.55% year-to-date, and Consolidated Edison Inc, is down 4.95% year-to-date. Combined, AES and ED make up approximately 4.7% of the underlying holdings of XLU.
The next worst performing sector is the Financial sector, showing a 0.9% loss. Among large Financial stocks, KeyCorp (NYSE:KEY) and Fifth Third Bancorp (NASDAQ:FITB) are the most notable, showing a loss of 4.8% and 3.9%, respectively. One ETF closely tracking Financial stocks is the Financial Select Sector SPDR ETF (XLF), which is down 0.4% in midday trading, and up 2.26% on a year-to-date basis. KeyCorp, meanwhile, is down 35.15% year-to-date, and Fifth Third Bancorp, is down 16.19% year-to-date. Combined, KEY and FITB make up approximately 0.6% 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 Monday. As you can see, two sectors are up on the day, while seven sectors are down.
Sector
% Change
Technology & Communications
+0.9%
Industrial
+0.1%
Services
-0.2%
Healthcare
-0.2%
Materials
-0.2%
Consumer Products
-0.5%
Energy
-0.6%
Utilities
-0.9%
Financial
-0.9%
This Article's Word Cloud:AmongBancorpBuyingChangeCombinedCommunicationsComparingConsolidatedConsumerCorpETFsEdisonEnergyFITBFifthFinancialHealthcareHereIndustrialInsidersKeyCorpMondayNYSESPDRSectorSelectThirdUtilitiesafternoonapproximatelybasisdatedownholdingslargelossmakemeanwhileperformingrespectivelysectorsectorsshowingstocksthattradingunderlyingwhichworstyear
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