In afternoon trading on Thursday, Materials stocks are the worst performing sector, showing a 0.3% loss. Within that group, Mosaic Co (Symbol: MOS) and CF Industries Holdings Inc (Symbol: CF) are two large stocks that are lagging, showing a loss of 4.5% and 3.3%, respectively. Among the high volume ETFs , one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is down 0.2% on the day, and up 13.50% year-to-date. Mosaic Co , meanwhile, is up 1.90% year-to-date, and CF Industries Holdings Inc, is down 38.31% year-to-date. Combined, MOS and CF make up approximately 3.0% of the underlying holdings of XLB.
The next worst performing sector is the Consumer Products sector, not showing much of a gain. Among large Consumer Products stocks, Ford Motor Co. (Symbol: F) and BorgWarner Inc (Symbol: BWA) are the most notable, showing a loss of 9.7% and 4.8%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is up 0.1% in midday trading, and up 8.07% on a year-to-date basis. Ford Motor Co. , meanwhile, is down 6.28% year-to-date, and BorgWarner Inc, is down 24.06% year-to-date. Combined, F and BWA make up approximately 2.5% 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: 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, six sectors are up on the day, while one sector is down.
Sector | % Change |
---|---|
Financial | +0.4% |
Energy | +0.4% |
Utilities | +0.3% |
Healthcare | +0.2% |
Services | +0.1% |
Industrial | +0.1% |
Consumer Products | -0.0% |
Technology & Communications | -0.0% |
Materials | -0.3% |
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Plantations International