Monday Sector Laggards: Materials, Industrial

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The worst performing sector as of midday Monday is the Materials sector, showing a 0.4% loss. Within that group, Ball Corp (Symbol: BLL) and Albemarle Corp. (Symbol: ALB) are two large stocks that are lagging, showing a loss of 2.2% and 1.7%, respectively. Among the high volume ETFs , one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is down 0.5% on the day, and up 4.06% year-to-date. Ball Corp, meanwhile, is up 0.08% year-to-date, and Albemarle Corp., is down 10.81% year-to-date. Combined, BLL and ALB make up approximately 3.9% of the underlying holdings of XLB.

The next worst performing sector is the Industrial sector, showing a 0.1% loss. Among large Industrial stocks, Harris Corp. (Symbol: HRS) and Stericycle Inc. (Symbol: SRCL) are the most notable, showing a loss of 1.8% and 1.5%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF ( XLI ), which is down 0.2% in midday trading, and up 5.09% on a year-to-date basis. Harris Corp., meanwhile, is up 1.10% year-to-date, and Stericycle Inc. is up 4.32% year-to-date. Combined, HRS and SRCL make up approximately 0.9% of the underlying holdings of XLI.

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:

Portfolio Channel 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, seven sectors are up on the day, while two sectors are down.

Sector % Change
Energy +2.1%
Utilities +0.7%
Services +0.5%
Technology & Communications +0.5%
Healthcare +0.4%
Financial +0.4%
Consumer Products +0.2%
Industrial -0.1%
Materials -0.4%

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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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