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Traders work on the floor of the New York Stock Exchange.
NYSE
The S&P 500 ended 2020 with a gain of 16.26% for the year and closed at an all time high on Thursday, a remarkable performance after a massive sell off in February and March.
Some of the stocks in the Broad Market Index had particularly strong years, with six stocks gaining more than 100%.
Top S&P 500 titles of 2020
Teleprinter | Company | Price return 2020 |
---|---|---|
TSLA | You’re here | 743.1% |
ETSY | Etsy | 301.6% |
NVDA | Nvidia | 121.9% |
PYPL | Pay Pal | 116.5% |
KG | Brands L | 105.5% |
WHITE | Albermarle Corp. | 102.1% |
AMD | Advanced micro-systems | 99.8% |
FCX | Freeport-McMoRan | 98.6% |
The rise of the S&P 500 would have been even more dramatic if the top two names on the list had started the year in the index. Electric vehicle maker Tesla and e-commerce company Etsy were added to the S&P 500 in the last four months of the year.
These stocks are also two of the major themes in the market this year, as green energy stocks have had strong years, as have those like Etsy which were well equipped for a home world.
The top eight performers also include two semiconductor stocks in Nvidia and Advanced Micro Devices. It was a good year for the industry as a whole, with the PHLX Semiconductor index rising 51%, even surpassing the highly technological Nasdaq Composite.
The S&P 500 is a group of market-weighted large-cap stocks in the United States and is the benchmark against which many professional investors measure themselves. Many popular exchange-traded funds and mutuals are benchmarked against the S&P 500, with more than $ 11 trillion tied or compared to the index as of December 2019, according to the S&P Dow Jones Indices.
The constituents of the index are often commingled throughout the year by an S&P Dow Jones Index Committee. The organization announced on Wednesday that Enphase Energy would join the index on January 7, replacing Tiffany & Co., which is being acquired by LVMH.
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