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Tuesday Sector Laggards: Utilities, Healthcare

This article is more than 9 years old.

In afternoon trading on Tuesday, Utilities stocks are the worst performing sector, showing a 1.1% loss. Within that group, TECO Energy Inc. (NYSE: TE) and Ameren Corp. (NYSE: AEE) are two large stocks that are lagging, showing a loss of 2.0% and 1.9%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (AMEX: XLU), which is down 1.0% on the day, and down 4.90% year-to-date. TECO Energy Inc., meanwhile, is down 3.10% year-to-date, and Ameren Corp., is down 8.89% year-to-date. Combined, TE and AEE make up approximately 2.8% of the underlying holdings of XLU.

The next worst performing sector is the Healthcare sector, showing a 0.6% loss. Among large Healthcare stocks, Bristol-Myers Squibb Co. (NYSE: BMY) and Agilent Technologies, Inc. (NYSE: A) are the most notable, showing a loss of 2.4% and 2.2%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is down 0.6% in midday trading, and up 8.89% on a year-to-date basis. Bristol-Myers Squibb Co., meanwhile, is up 11.71% year-to-date, and Agilent Technologies, Inc. is up 1.07% year-to-date. Combined, BMY and A make up approximately 4.4% of the underlying holdings of XLV.

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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, none of the sectors are up on the day, while seven sectors are down.

Sector % Change
Services 0.0%
Materials 0.0%
Consumer Products -0.1%
Technology & Communications -0.1%
Industrial -0.1%
Energy -0.4%
Healthcare -0.6%
Financial -0.6%
Utilities -1.1%