Friday Sector Leaders: Healthcare, Consumer Products

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The best performing sector as of midday Friday is the Healthcare sector, higher by 1.1%. Within the sector, Moderna Inc (Symbol: MRNA) and PerkinElmer, Inc. (Symbol: PKI) are two large stocks leading the way, showing a gain of 6.2% and 2.5%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (Symbol: XLV), which is up 1.1% on the day, and up 16.62% year-to-date. Moderna Inc, meanwhile, is up 228.69% year-to-date, and PerkinElmer, Inc. is up 14.47% year-to-date. Combined, MRNA and PKI make up approximately 2.5% of the underlying holdings of XLV.

The next best performing sector is the Consumer Products sector, higher by 1.0%. Among large Consumer Products stocks, VF Corp. (Symbol: VFC) and Monster Beverage Corp (Symbol: MNST) are the most notable, showing a gain of 3.7% and 3.6%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is up 0.7% in midday trading, and up 6.51% on a year-to-date basis. VF Corp., meanwhile, is down 1.26% year-to-date, and Monster Beverage Corp is up 4.55% year-to-date. Combined, VFC and MNST make up approximately 1.9% 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 Friday. As you can see, eight sectors are up on the day, while one sector is down.

Sector % Change
Healthcare +1.1%
Consumer Products +1.0%
Technology & Communications +1.0%
Services +0.9%
Utilities +0.8%
Industrial +0.7%
Materials +0.6%
Financial +0.4%
Energy -0.5%

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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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