S&P 500 Sector Returns (2024)

Last Update: 29 February 2024

The best performing Sector in the last 10 years is Information Technology, that granded a +20.64% annualized return.

The worst is Energy, with a +3.83% annualized return in the last 10 years.

The main S&P 500 Sectors can be easily replicated by ETFs.

S&P 500 Sector Metrics

Columns are sortable, assets are pre-ordered by 10 year return.

ASSET CLASSES

Metrics: Return - Risk - Drawdown

Last Update: 29 February 2024

Highlighted values indicate returns lower than the US Inflation recorded in the same period. US Inflation is updated to Jan 2024.

Pending updates, the monthly inflation is set at 0% for the subsequent periods.

Current inflation (annualized) is 1Y: 2.71% , 3Y: 5.52% , 5Y: 4.10% , 10Y: 2.77%
Returns over 1 year are annualized. Last update: 29 February 2024.

Risk is represented as the annualized Standard Deviation of monthly returns.
High values of Standard Deviation mean high fluctuations in prices.
Last update: 29 February 2024.

The maximum Drawdown is calculated considering the end of month prices.
Low Risk Assets usually grant less severe drawdowns.
Last update: 29 February 2024.

Highlighted values indicate returns lower than the US Inflation recorded in the same period. US Inflation is updated to Jan 2024.

Pending updates, the monthly inflation is set at 0% for the subsequent periods.

2024: 0.31%, 2023: 3.32%, 2022: 6.41%, 2021: 7.18%
Last update: 29 February 2024.

Swipe left to see all data

		Return (%) - Feb 29, 2024							St.Dev. (%)				Ann. Return / St.Dev.				Max Drawdown (%)			Return / Drawdown			Ulcer Index			YTD(%)	Yearly Returns (%)			Dividend Yield (%)
Ticker	Asset	1M	3M	6M	1Y	3Y	5Y	10Y▾	1Y	3Y	5Y	10Y	1Y	3Y	5Y	10Y	3Y	5Y	10Y	3Y	5Y	10Y	3Y	5Y	10Y	2024	2023	2022	2021	2024	2023	2022	2021
XLK	Information Technology	4.70	12.03	18.34	52.93	17.60	25.21	20.64	18.18	22.74	22.34	18.64	2.91	0.77	1.13	1.11	-31.22	-31.22	-31.22	0.56	0.81	0.66	13.39	10.82	8.18	7.53	56.02	-27.73	34.83	0.00	1.18	0.75	0.87
SPY		5.22	11.78	13.68	30.18	11.78	14.63	12.58	13.04	17.45	18.16	15.04	2.31	0.68	0.81	0.84	-23.93	-23.93	-23.93	0.49	0.61	0.53	9.90	8.38	6.39	6.89	26.19	-18.17	28.74	0.00	1.74	1.34	1.54
XLY	Consumer Discretionary	7.89	9.45	8.41	27.80	5.41	11.91	12.01	20.39	25.22	24.36	19.65	1.36	0.21	0.49	0.61	-36.27	-36.27	-36.27	0.15	0.33	0.33	18.82	15.01	10.98	3.13	39.64	-36.27	27.93	0.00	1.08	0.63	0.68
XLV	Healthcare	3.16	10.78	9.65	15.78	10.32	11.42	11.06	10.93	14.58	14.89	14.02	1.44	0.71	0.77	0.79	-13.07	-13.07	-13.21	0.79	0.87	0.84	5.26	4.73	5.03	6.19	2.06	-2.09	25.59	0.00	1.61	1.42	1.66
XLI	Industrials	7.18	13.65	12.87	21.96	11.90	11.62	10.88	18.34	20.00	21.53	18.27	1.20	0.59	0.54	0.60	-20.74	-27.13	-27.13	0.57	0.43	0.40	6.65	7.75	6.50	6.15	18.13	-5.58	21.09	0.00	1.90	1.53	1.50
XLF	Financials	4.08	12.92	18.44	15.07	9.74	11.03	10.76	19.01	19.97	22.82	19.27	0.79	0.49	0.48	0.56	-23.13	-31.75	-31.75	0.42	0.35	0.34	10.72	12.09	9.61	7.29	12.03	-10.60	34.82	0.00	1.89	1.80	2.17
XLP	Consumer Staples	2.10	6.15	3.79	6.09	8.28	9.34	8.63	12.18	14.20	14.02	12.59	0.50	0.58	0.67	0.69	-12.86	-13.28	-13.63	0.64	0.70	0.63	4.60	4.52	4.38	3.36	-0.83	-0.83	17.20	0.00	2.56	2.41	2.63
XLB	Materials	6.51	6.99	6.89	9.27	8.18	12.05	8.59	19.06	21.82	22.22	18.98	0.49	0.38	0.54	0.45	-23.73	-26.15	-26.15	0.34	0.46	0.33	8.90	8.39	8.39	2.36	12.45	-12.31	27.45	0.00	2.22	1.96	2.05
XLC	Communication Services	4.59	14.02	17.75	49.72	4.41	12.54	7.92	12.02	20.82	20.78	17.31	4.14	0.21	0.60	0.46	-43.46	-43.46	-43.46	0.10	0.29	0.18	24.23	19.09	14.53	9.22	52.81	-37.63	15.96	0.00	1.25	0.69	0.85
XLU	Utilities	1.06	-0.12	0.37	-1.27	5.03	4.86	7.80	13.48	17.71	16.97	14.99	-0.09	0.28	0.29	0.52	-17.63	-18.82	-18.82	0.29	0.26	0.41	7.79	8.22	6.94	-1.94	-7.17	1.42	16.81	0.00	3.08	2.91	3.23
XLRE	Real Estate	2.57	6.17	7.63	6.03	4.79	5.75	7.19	19.58	22.13	19.83	17.24	0.31	0.22	0.29	0.42	-32.24	-32.24	-32.24	0.15	0.18	0.22	18.37	14.95	11.31	-2.37	12.37	-26.25	45.26	0.00	3.64	2.67	3.75
XLE	Energy	3.27	2.81	-1.49	6.69	26.46	11.23	3.83	16.27	28.04	36.94	29.68	0.41	0.94	0.30	0.13	-17.12	-52.34	-63.92	1.55	0.21	0.06	6.28	19.49	27.92	2.74	-0.64	64.17	53.31	0.00	3.45	5.90	6.27
Return over 1 year are annualized.

For further information about the seasonality, check the Asset Class and Commodity Seasonality page.

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S&P 500 Sector Correlations

Monthly correlations of S&P 500 Sectors, over different timeframes.

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S&P 500 SECTORS MONTHLY CORRELATIONS

Monthly correlations as of 29 February 2024

Swipe left to see all data

	SPY	XLK	XLY	XLC	XLU	XLRE	XLF	XLI	XLV	XLP	XLB	XLE
SPY	-	0.79	0.90	0.86	0.73	0.87	0.66	0.91	0.84	0.78	0.85	0.29
XLK	0.79	-	0.72	0.87	0.55	0.56	0.19	0.57	0.44	0.46	0.42	-0.24
XLY	0.90	0.72	-	0.68	0.54	0.83	0.56	0.92	0.66	0.53	0.86	0.28
XLC	0.86	0.87	0.68	-	0.70	0.58	0.31	0.62	0.68	0.74	0.52	0.13
XLU	0.73	0.55	0.54	0.70	-	0.71	0.39	0.63	0.67	0.90	0.68	0.30
XLRE	0.87	0.56	0.83	0.58	0.71	-	0.77	0.88	0.78	0.69	0.87	0.28
XLF	0.66	0.19	0.56	0.31	0.39	0.77	-	0.73	0.69	0.51	0.76	0.42
XLI	0.91	0.57	0.92	0.62	0.63	0.88	0.73	-	0.81	0.69	0.96	0.44
XLV	0.84	0.44	0.66	0.68	0.67	0.78	0.69	0.81	-	0.89	0.79	0.54
XLP	0.78	0.46	0.53	0.74	0.90	0.69	0.51	0.69	0.89	-	0.71	0.49
XLB	0.85	0.42	0.86	0.52	0.68	0.87	0.76	0.96	0.79	0.71	-	0.59
XLE	0.29	-0.24	0.28	0.13	0.30	0.28	0.42	0.44	0.54	0.49	0.59	-

	SPY	XLK	XLY	XLC	XLU	XLRE	XLF	XLI	XLV	XLP	XLB	XLE
SPY	-	0.93	0.91	0.89	0.61	0.82	0.86	0.92	0.80	0.77	0.90	0.61
XLK	0.93	-	0.88	0.86	0.48	0.72	0.67	0.78	0.67	0.64	0.74	0.42
XLY	0.91	0.88	-	0.81	0.49	0.79	0.70	0.79	0.63	0.57	0.80	0.47
XLC	0.89	0.86	0.81	-	0.48	0.70	0.76	0.76	0.62	0.59	0.75	0.49
XLU	0.61	0.48	0.49	0.48	-	0.72	0.46	0.58	0.60	0.71	0.62	0.27
XLRE	0.82	0.72	0.79	0.70	0.72	-	0.67	0.76	0.70	0.72	0.80	0.40
XLF	0.86	0.67	0.70	0.76	0.46	0.67	-	0.90	0.64	0.64	0.84	0.74
XLI	0.92	0.78	0.79	0.76	0.58	0.76	0.90	-	0.73	0.78	0.91	0.65
XLV	0.80	0.67	0.63	0.62	0.60	0.70	0.64	0.73	-	0.76	0.77	0.49
XLP	0.77	0.64	0.57	0.59	0.71	0.72	0.64	0.78	0.76	-	0.77	0.46
XLB	0.90	0.74	0.80	0.75	0.62	0.80	0.84	0.91	0.77	0.77	-	0.62
XLE	0.61	0.42	0.47	0.49	0.27	0.40	0.74	0.65	0.49	0.46	0.62	-

	SPY	XLK	XLY	XLC	XLU	XLRE	XLF	XLI	XLV	XLP	XLB	XLE
SPY	-	0.91	0.91	0.83	0.47	0.73	0.85	0.92	0.80	0.71	0.87	0.62
XLK	0.91	-	0.86	0.76	0.37	0.61	0.64	0.76	0.63	0.58	0.72	0.42
XLY	0.91	0.86	-	0.75	0.36	0.69	0.70	0.79	0.65	0.55	0.78	0.48
XLC	0.83	0.76	0.75	-	0.39	0.62	0.67	0.71	0.57	0.56	0.70	0.51
XLU	0.47	0.37	0.36	0.39	-	0.69	0.30	0.43	0.43	0.65	0.39	0.18
XLRE	0.73	0.61	0.69	0.62	0.69	-	0.56	0.66	0.64	0.68	0.63	0.35
XLF	0.85	0.64	0.70	0.67	0.30	0.56	-	0.87	0.64	0.55	0.80	0.69
XLI	0.92	0.76	0.79	0.71	0.43	0.66	0.87	-	0.73	0.69	0.88	0.64
XLV	0.80	0.63	0.65	0.57	0.43	0.64	0.64	0.73	-	0.68	0.72	0.44
XLP	0.71	0.58	0.55	0.56	0.65	0.68	0.55	0.69	0.68	-	0.62	0.38
XLB	0.87	0.72	0.78	0.70	0.39	0.63	0.80	0.88	0.72	0.62	-	0.64
XLE	0.62	0.42	0.48	0.51	0.18	0.35	0.69	0.64	0.44	0.38	0.64	-

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FAQs

S&P 500 Sector Returns? ›

The best performing Sector in the last 10 years is Information Technology, that granded a +20.68% annualized return. The worst is Energy, with a +4.65% annualized return in the last 10 years. The main S&P 500 Sectors can be easily replicated by ETFs.

Find Out More ›

What are the 11 sectors of the S&P 500 performance? ›

The eleven sectors of the S&P 500 are information technology, financials, health care, consumer discretionary, communication services, industrials, consumer staples, energy, real estate, materials, and utilities.

#	Company	Symbol
1	Microsoft Corp	MSFT
2	Apple Inc.	AAPL
3	Nvidia Corp	NVDA
4	Amazon.com Inc	AMZN

What sector will boom in 2024? ›

Investors looking for stocks poised to perform well in 2024 might want to consider industrials — companies that make stuff that manufacturers use to make stuff ultimately purchased by commercial and retail customers.

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What industry will boom in 2024? ›

7 Online Fastest Growing Industries To Invest In 2024

eCommerce.
Online education.
The health and fitness industry.
The home improvement industry.
The pet care industry.
Travel and tourism.
Invest in your future.
Get a loan and start your business.

Feb 27, 2024

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What is the most undervalued sector? ›

Meanwhile, large- and mid-cap growth stocks are 8% overvalued. By sector, industrials, technology, financial services, and consumer defensive stocks look most overvalued. The most undervalued sectors heading into the second quarter are real estate, utilities, and communication services.

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What sectors are not doing well? ›

The S&P 500 utilities and consumer staples sectors are two of the worst-performing sectors in the large-cap benchmark index this year, down 10.6% and 2.4%, respectively.

Find Out More ›

How much does the S&P 500 return on average? ›

5-year, 10-year, 20-year and 30-year S&P 500 returns

Period (start-of-year to end-of-2023)	Average annual S&P 500 return
10 years (2014-2023)	11.02%
15 years (2009-2023)	12.63%
20 years (2004-2023)	9.00%
25 years (1999-2023)	7.18%

2 more rows

Mar 5, 2024

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Does S&P 500 pay dividends? ›

Key Takeaways. The S&P 500 index tracks some of the largest stocks in the United States, many of which pay out a regular dividend. The index's dividend yield is the total dividends earned in a year divided by the index's price. Historical dividend yields for the S&P 500 have typically ranged from between 3% to 5%.

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What are the 11 sectors of the market? ›

The 11 current stock sectors are:

Communication Services.
Consumer Discretionary.
Consumer Staples.
Energy.
Financials.
Health Care.
Industrials.
Information Technology.

More items...

Feb 23, 2024

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What is the S&P 500 sector rotation? ›

The S&P 500 High Momentum Value Sector Rotation index is designed to measure the performance of S&P 500 sectors with attractive valuations, with a momentum overlay.

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What are the components of S&P 500 growth? ›

We measure growth stocks using three factors: sales growth, the ratio of earnings change to price, and momentum.

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