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Monday Sector Laggards: Financial, Industrial

By Dividend Channel Staff, Monday, March 18, 2:32 PM ET

The worst performing sector as of midday Monday is the Financial sector, up 0.2%. Within that group, American International Group Inc (NYSE:AIG) and Assurant Inc (NYSE:AIZ) are two of the day's laggards, showing a loss of 1.1% and 1.0%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (NYSE:XLF), which is up 0.5% on the day, and up 8.66% year-to-date. American International Group Inc, meanwhile, is up 11.93% year-to-date, and Assurant Inc is up 6.90% year-to-date. Combined, AIG and AIZ make up approximately 1.1% of the underlying holdings of XLF.

The next worst performing sector is the Industrial sector, higher by 0.4%. Among large Industrial stocks, Expeditors International of Washington, Inc. (NYSE:EXPD) and Boeing Co. (NYSE:BA) are the most notable, showing a loss of 1.4% and 1.3%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is up 0.4% in midday trading, and up 7.19% on a year-to-date basis. Expeditors International of Washington, Inc., meanwhile, is down 7.04% year-to-date, and Boeing Co., is down 30.86% year-to-date. Combined, EXPD and BA make up approximately 3.2% 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:

Canada Stock 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, nine sectors are up on the day, while none of the sectors are down.

Sector% Change
Consumer Products+0.8%
Services+0.8%
Materials+0.8%
Utilities+0.7%
Technology & Communications+0.6%
Healthcare+0.5%
Industrial+0.4%
Energy+0.4%
Financial+0.2%


This Article's Word Cloud:   American   Among   Assurant   Boeing   Buying   Change   Combined   Communications   Comparing   Consumer   ETFs   EXPD   Energy   Expeditors   Financial   Group   Healthcare   Here   Industrial   Insiders   International   Materials   Monday   NYSE   Products   SPDR   Sector   Select   Services   Washington   approximately   basis   date   down   holdings   loss   make   meanwhile   midday   performing   respectively   sector   sectors   showing   stocks   trading   underlying   which   worst   year

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