Which industries of the US stock market will outperform the SPDR S&P 500 Trust in 2024?
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Jan 1
91%
Capital Markets (KCE)
81%
Software & Services (XSW)
70%
Telecom (XTL)
67%
Homebuilders (XHB)
62%
Insurance (KIE)
57%
Aerospace & Defense (XAR)
55%
Banks (KBE)
52%
Regional Banking (KRE)
27%
Semiconductor (XSD)
25%
Transportation (XTN)
23%
Biotech (XBI)
22%
Internet (XWEB)
21%
Retail (XRT)
18%
Pharmaceuticals (XPH)
17%
Health Care Equipment (XHE)
17%
Health Care Services (XHS)
16%
Metals & Mining (XME)
14%
Oil & Gas Equipment & Services (XES)
13%
Oil & Gas Exploration & Production (XOP)

The largest exchange traded fund (ETF) in the world is the SPDR S&P 500 Trust ETF. The SPDR launched in 1993 and is tracks the top 500 publicly-traded companies in the United States (i.e. the S&P 500). State Street Corporation, which manages SPDR, has also manages industry ETFs.

Which of these industry ETFs will outperform the S&P 500 in 2024?

In 2023, six industry ETFs grew more than the S&P 500 (itself growing 24.81%), those being:

  • Capital Markets (28.3%)

  • Homebuilders (56.49%)

  • Internet (42.02%)

  • Semiconductors (36.35%)

  • Software & Services (38.3%)

  • Transportation (24.82%)

This question resolves by comparing the YTD percentage growth of each fund at the end of December 2024 (e.g. as recorded on Google Finance) and resolving YES to the funds that grew by a percentage that is greater than the SPDR S&P 500 Trust's growth for the year (or if SPDR's growth was negative, then whichever ones lost less).

See also:

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@cash XWEB was liquidated back in Jan 2024

Yes. It will resolve NO when I close this market.

reposted

Checked Google Finance for YTD growth of all of these industry ETFs, and to my surprise, it appears that none of them (did I miss something?) are outperforming the S&P 500:

Semiconductors appears to be the closest, with Insurance and Capital Markets behind but not by too much.

These are all equal weighted sector ETFs while the S&P 500 (market cap weighted) has performed well mostly due to strong returns from mega-caps (e.g. the magnificent 7).

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