Which industries of the US stock market will outperform the SPDR S&P 500 Trust in 2024?
19
1.9kแน€3125
resolved Jan 1
Resolved
YES
Aerospace & Defense (XAR)
Resolved
YES
Capital Markets (KCE)
Resolved
YES
Insurance (KIE)
Resolved
YES
Software & Services (XSW)
Resolved
YES
Telecom (XTL)
Resolved
NO
Banks (KBE)
Resolved
NO
Biotech (XBI)
Resolved
NO
Health Care Equipment (XHE)
Resolved
NO
Health Care Services (XHS)
Resolved
NO
Homebuilders (XHB)
Resolved
NO
Internet (XWEB)
Resolved
NO
Metals & Mining (XME)
Resolved
NO
Oil & Gas Equipment & Services (XES)
Resolved
NO
Oil & Gas Exploration & Production (XOP)
Resolved
NO
Pharmaceuticals (XPH)
Resolved
NO
Regional Banking (KRE)
Resolved
NO
Retail (XRT)
Resolved
NO
Semiconductor (XSD)
Resolved
NO
Transportation (XTN)

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:

Get
แน€1,000
to start trading!

๐Ÿ… Top traders

#NameTotal profit
1แน€498
2แน€99
3แน€96
4แน€88
5แน€54
Sort by:

@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).

ยฉ Manifold Markets, Inc.โ€ขTerms + Mana-only Termsโ€ขPrivacyโ€ขRules