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Thursday Sector Laggards: Utilities, Healthcare

By Market News Video Staff, Thursday, May 27, 2:43 PM ET

Looking at the sectors faring worst as of midday Thursday, shares of Utilities companies are underperforming other sectors, showing a 0.1% loss. Within the sector, NRG Energy Inc (NYSE:NRG) and Pinnacle West Capital Corp (NYSE:PNW) are two large stocks that are lagging, showing a loss of 1.7% and 1.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (NYSE:XLU), which is down 0.1% on the day, and up 4.67% year-to-date. NRG Energy Inc, meanwhile, is down 12.26% year-to-date, and Pinnacle West Capital Corp is up 8.84% year-to-date. Combined, NRG and PNW make up approximately 1.9% of the underlying holdings of XLU.

The next worst performing sector is the Healthcare sector, up 0.1%. Among large Healthcare stocks, Eli Lilly (NYSE:LLY) and Baxter International Inc (NYSE:BAX) are the most notable, showing a loss of 1.5% and 1.3%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.2% in midday trading, and up 8.92% on a year-to-date basis. Eli Lilly, meanwhile, is up 18.24% year-to-date, and Baxter International Inc is up 1.66% year-to-date. Combined, LLY and BAX make up approximately 4.4% 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:

Value Forum

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, eight sectors are up on the day, while one sector is down.

Sector% Change
Materials+0.9%
Industrial+0.8%
Consumer Products+0.6%
Financial+0.6%
Services+0.4%
Energy+0.3%
Technology & Communications+0.2%
Healthcare+0.1%
Utilities-0.1%


This Article's Word Cloud:   Among   Baxter   Buying   Capital   Care   Change   Combined   Communications   Comparing   Consumer   Corp   ETFs   Energy   Financial   Health   Healthcare   Here   Industrial   Insiders   International   Lilly   NYSE   Pinnacle   SPDR   Sector   Select   Thursday   Utilities   West   approximately   basis   date   down   faring   holdings   large   loss   make   meanwhile   midday   respectively   sector   sectors   showing   stocks   trading   underlying   which   worst   year
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