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Tuesday Sector Laggards: Healthcare, Consumer Products

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In afternoon trading on Tuesday, Healthcare stocks are the worst performing sector, showing a 1.5% loss. Within that group, Moderna Inc (Symbol: MRNA) and Cooper Companies, Inc. (Symbol: COO) are two of the day’s laggards, showing a loss of 9.5% and 3.0%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is down 1.5% on the day, and up 4.69% year-to-date. Moderna Inc, meanwhile, is up 51.58% year-to-date, and Cooper Companies, Inc., is down 2.68% year-to-date. Combined, MRNA and COO make up approximately 1.3% of the underlying holdings of XLV.

The next worst performing sector is the Consumer Products sector, showing a 1.2% loss. Among large Consumer Products stocks, Tyson Foods Inc (Symbol: TSN) and Ford Motor Co. (Symbol: F) are the most notable, showing a loss of 3.2% and 3.2%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 1.6% in midday trading, and up 3.24% on a year-to-date basis. Tyson Foods Inc, meanwhile, is up 8.45% year-to-date, and Ford Motor Co. is up 0.45% year-to-date. TSN makes up approximately 0.8% 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:

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

Sector % Change
Energy +0.7%
Utilities -0.1%
Technology & Communications -0.2%
Materials -0.3%
Services -0.5%
Financial -0.9%
Consumer Products -1.2%
Industrial -1.2%
Healthcare -1.5%

nslideshow 10 ETFs With Stocks That Insiders Are Buying »

Also see:

• Institutional Holders of AFOP
• SLNO Historical Stock Prices
• GSF Videos

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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