Thursday Sector Leaders: Utilities, Consumer Products

Thursday Sector Leaders: Utilities, Consumer Products

In afternoon trading on Thursday, Utilities stocks are the best performing sector, losing just 0.4%. Within that group, FirstEnergy Corp (Symbol: FE) and Dominion Energy Inc (Symbol: D) are two of the day’s stand-outs, showing a gain of 0.2% and 0.1%, respectively. Among utilities ETFs , one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is down 0.4% on the day, and up 13.62% year-to-date. FirstEnergy Corp, meanwhile, is up 9.30% year-to-date, and Dominion Energy Inc is up 4.20% year-to-date. Combined, FE and D make up approximately 9.4% of the underlying holdings of XLU.

The next best performing sector is the Consumer Products sector, losing just 0.7%. Among large Consumer Products stocks, Hershey Company (Symbol: HSY) and Coach Inc (Symbol: COH) are the most notable, showing a gain of 2.5% and 1.4%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is down 0.7% in midday trading, and up 11.17% on a year-to-date basis. Hershey Company , meanwhile, is up 6.31% year-to-date, and Coach Inc is up 19.81% year-to-date. Combined, HSY and COH 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:

Portfolio Channel 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, none of the sectors are up on the day, while nine sectors are down.

Sector % Change
Utilities -0.4%
Consumer Products -0.7%
Services -0.7%
Healthcare -0.8%
Energy -0.8%
Financial -0.9%
Industrial -1.1%
Materials -1.2%
Technology & Communications -1.5%

25 Dividend Giants Widely Held By ETFs »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Related posts