Monday Sector Leaders: Materials, Consumer Products

By | March 26, 2017

In afternoon trading on Monday, Materials stocks are the best performing sector, up 0.2%. Within that group, CF Industries Holdings Inc (Symbol: CF) and International Flavors & Fragrances Inc. (Symbol: IFF) are two of the day’s stand-outs, showing a gain of 2.6% and 2.1%, respectively. Among the high volume ETFs , one ETF closely following materials stocks is the Materials Select Sector SPDR ETF (Symbol: XLB), which is up 0.4% on the day, and up 6.06% year-to-date. CF Industries Holdings Inc, meanwhile, is down 3.62% year-to-date, and International Flavors & Fragrances Inc. is up 14.50% year-to-date. Combined, CF and IFF make up approximately 3.1% of the underlying holdings of XLB.

The next best performing sector is the Consumer Products sector, losing just 0.1%. Among large Consumer Products stocks, Nike (Symbol: NKE) and Johnson Controls International plc (Symbol: JCI) are the most notable, showing a gain of 1.2% and 1.2%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF ( IYK ), which is flat on the day in midday trading, and up 8.89% on a year-to-date basis. Nike, meanwhile, is up 15.46% year-to-date, and Johnson Controls International plc is up 2.55% year-to-date. NKE makes up approximately 3.3% 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: Energy 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, one sector is up on the day, while eight sectors are down.

Sector % Change
Materials +0.2%
Consumer Products -0.1%
Technology & Communications -0.1%
Healthcare -0.2%
Industrial -0.2%
Financial -0.3%
Services -0.8%
Utilities -0.8%
Energy -0.8%

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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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