Thursday Sector Underperformers: Services and Healthcare

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As of midday Thursday, shares in the Services sector are up 0.4%, with significant underperformers including Tractor Supply Co. (TSCO) and Chipotle Mexican Grill Inc. (CMG), both down 2.2%. The iShares U.S. Consumer Services ETF (IYC), which includes TSCO and CMG as approximately 1.7% of its holdings, is up 0.8% today but shows a year-to-date loss of 1.82% and 10.56% for TSCO and CMG respectively.

The Healthcare sector is also up 0.4%, featuring Abbott Laboratories (ABT) and Quest Diagnostics, Inc. (DGX), down 2.7% and 1.6%, respectively. The Health Care Select Sector SPDR ETF (XLV) is up 0.2% today, despite a year-to-date decrease of 1.64%. Year-to-date, ABT has increased by 19.25%, while DGX is up 17.57%, with ABT and DGX representing approximately 5.3% of XLV’s holdings.

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