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20 May
Monday Sector Laggards: Financial, Services

Looking at the sectors faring worst as of midday Monday, shares of Financial companies are underperforming other sectors, showing a 0.7% loss. Within the sector, Chubb Ltd (Symbol: CB) and JPMorgan Chase & Co (Symbol: JPM) are two large stocks that are lagging, showing a loss of 3.2% and 3.0%, respectively. Among financial ETFs, one ETF following the sector is the Financial Select Sector SPDR ETF (Symbol: XLF), which is down 0.9% on the day, and up 12.41% year-to-date. Chubb Ltd, meanwhile, is up 17.90% year-to-date, and JPMorgan Chase & Co is up 18.02% year-to-date. Combined, CB and JPM make up approximately 12.0% of the underlying holdings of XLF.

The next worst performing sector is the Services sector, showing a 0.4% loss. Among large Services stocks, Ulta Beauty Inc (Symbol: ULTA) and Match Group Inc (Symbol: MTCH) are the most notable, showing a loss of 3.3% and 3.0%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is down 0.5% in midday trading, and up 5.20% on a year-to-date basis. Ulta Beauty Inc, meanwhile, is down 21.16% year-to-date, and Match Group Inc, is down 17.10% year-to-date. ULTA makes up approximately 0.3% of the underlying holdings of IYC.

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, three sectors are up on the day, while six sectors are down.

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