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06 May
Monday Sector Laggards: Consumer Products, Healthcare

Looking at the sectors faring worst as of midday Monday, shares of Consumer Products companies are underperforming other sectors, showing a 0.2% loss. Within that group, Tyson Foods Inc (Symbol: TSN) and Estee Lauder Cos., Inc. (Symbol: EL) are two large stocks that are lagging, showing a loss of 8.1% and 2.0%, respectively. Among consumer products ETFs, one ETF following the sector is the iShares U.S. Consumer Goods ETF (Symbol: IYK), which is down 0.3% on the day, and up 4.35% year-to-date. Tyson Foods Inc, meanwhile, is up 6.90% year-to-date, and Estee Lauder Cos., Inc., is down 10.48% year-to-date. TSN makes up approximately 0.7% of the underlying holdings of IYK.

The next worst performing sector is the Healthcare sector, up 0.1%. Among large Healthcare stocks, Amgen Inc (Symbol: AMGN) and Moderna Inc (Symbol: MRNA) are the most notable, showing a loss of 3.9% and 2.9%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.2% in midday trading, and up 3.87% on a year-to-date basis. Amgen Inc, meanwhile, is up 4.70% year-to-date, and Moderna Inc is up 22.03% year-to-date. Combined, AMGN and MRNA make up approximately 3.9% of the underlying holdings of XLV.

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 Monday. As you can see, eight sectors are up on the day, while one sector is down.

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