Which sector of the US stock market (S&P 500) will perform the best in 2024?
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Ṁ6300Jan 1
29%
Financials (XLF)
26%
Communication Services (XLC)
15%
Technology (XLK)
13%
Utilities (XLU)
5%
Industrials (XLI)
4%
Energy (XLE)
3%
Health Care (XLV)
2%
Materials (XLB)
1.4%
Consumer Staples (XLP)
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 managed ETFs that divide the S&P 500 into eleven sectors.
Which of these sector ETFs will grow the most (or lose the least) over the course of 2024?
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 or the funds' website) and resolving to the one fund that grew the most (or if all funds were negative, lost the least).
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