Listed here are the best-performing shares within the S&P 500 for 2020
Traders work on the trading floor of the New York Stock Exchange.
The S&P 500 ended 2020 up 16.26% for the year, closing at a record high on Thursday, a remarkable feat after a drastic sell-off in February and March.
Some of the names in the broad market index had particularly strong years: six stocks gained more than 100%.
Top S&P 500 stocks of 2020
|ticker||Companies||Price return 2020|
|AMD||modern micro devices||99.8%|
The rise in the S&P 500 would have been even more dramatic if the top two names on the list had started the year on the index. Both electric vehicle maker Tesla and e-commerce company Etsy were included in the S&P 500 for the last four months of the year.
These stocks also represent two of the main themes in the market this year, as stocks linked to green energy have had strong years, as have those like Etsy that were well equipped for a home-stay world .
The top 8 performers also include two semiconductor stocks in Nvidia and Advanced Micro Devices. It has been a strong year for the sector overall. The PHLX Semiconductor Index rose 51% and even outperformed the tech-heavy Nasdaq Composite.
The S&P 500 is a market-weighted group of large-cap stocks in the United States and is the benchmark by which many professional investors measure themselves. According to the S&P Dow Jones Indices, many popular exchange-traded funds and mutual funds are compared to the S&P 500. As of December 2019, more than $ 11 trillion was tied to or compared to the index.
The constituents of the index are often mixed year-round by a committee of S&P Dow Jones Indices. The organization announced on Wednesday that Enphase Energy will be added to the index on Jan. 7, replacing Tiffany & Co., which will be acquired by LVMH.