Tuesday Sector Laggards: Consumer Products, Energy

In afternoon trading on Tuesday, Consumer Products stocks are the worst performing sector, showing a 0.7% loss. Within that group, Under Armour Inc (Symbol: UA) and Under Armour Inc (Symbol: UAA) are two of the day’s laggards, showing a loss of 9.8% and 8.2%, respectively. Among consumer products ETFs , one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is down 0.2% on the day, and up 10.87% year-to-date. Under Armour Inc, meanwhile, is down 35.10% year-to-date, and Under Armour Inc, is down 36.71% year-to-date. Combined, UA and UAA make up approximately 0.3% of the underlying holdings of IYK.

The next worst performing sector is the Energy sector, showing a 0.7% loss. Among large Energy stocks, Baker Hughes, A GE Company (Symbol: BHGE) and Helmerich & Payne, Inc. (Symbol: HP) are the most notable, showing a loss of 3.2% and 3.0%, respectively. One ETF closely tracking Energy stocks is the Energy Select Sector SPDR ETF ( XLE ), which is down 0.1% in midday trading, and down 10.45% on a year-to-date basis. Baker Hughes, A GE Company, meanwhile, is down 44.54% year-to-date, and Helmerich & Payne, Inc., is down 34.77% year-to-date. Combined, BHGE and HP make up approximately 1.9% of the underlying holdings of XLE.

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, four sectors are up on the day, while five sectors are down.

Sector % Change
Utilities +0.6%
Financial +0.5%
Services +0.4%
Technology & Communications +0.3%
Healthcare -0.1%
Industrial -0.1%
Materials -0.4%
Consumer Products -0.7%
Energy -0.7%

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

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