2020 is a year many of us won't want to remember. But it ultimately wasn't so bad for stocks – the S&P 500 more than recovered from its March depths, setting numerous record highs in the latter part of the year and finishing 2020 up 16.3%.
Some S&P 500 stocks did much better than others, however.
Tesla (TSLA), which didn't even join the index until late in 2020, was by far and away the index's best performer with a 743.4% gain. The company obliterated expectations for deliveries throughout the year, putting Tesla's original year-end goal of 500,000 deliveries within realistic reach.
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Perhaps more importantly, in July, TSLA reported its fourth consecutive quarter of turning a profit. That helped flame speculation that the company would join the ranks of the S&P 500 stocks. Also sparking retail investor interest was the company's August announcement that it would split its stock 5-for-1.
Had it not been for Tesla's inclusion, Etsy (ETSY, +301.6% in 2020) would've been the S&P 500's top stock. The online retailer, which focuses on handmade and other artisan goods, was one of the biggest beneficiaries of a huge shift to e-commerce, with the company's revenues doubling through the first nine months of 2020.
Many of the S&P 500's worst stocks were unsurprisingly related to travel and energy, both of which were gashed in 2020.
Carnival (CCL, -56.9% in 2020) and Norwegian Cruise Line Holdings (NCLH, -56.5% in 2020), which were unable to operate for most of the year, were among the index's worst stocks. So was United Airlines (UAL, -50.9% in 2020), as airlines were effectively crippled too. Energy firms such as Occidental Petroleum (OXY, -56.6% in 2020) and Marathon Oil (MRO, -50.4% in 2020) were also bottom-10 components, brutalized by oil prices that at one point turned negative for the year.
You can check out the list below for a full ranking of the S&P 500's stocks based on their total return (price plus dividends). Data and tables courtesy of S&P Global Market Intelligence.
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Etsy Stock Sinks on Revenue Miss: What to KnowEtsy stock is notably lower Wednesday after the online retailer fell short of revenue expectations for the key holiday quarter.
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Legislation Cracking Down on IRS Tax Refund Mail Theft AdvancesIRS A string of bipartisan measures targeting taxpayer refunds, rights, and protections move forward on Capitol Hill.
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Etsy Stock Sinks on Revenue Miss: What to Know
Etsy stock is notably lower Wednesday after the online retailer fell short of revenue expectations for the key holiday quarter.
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Stock Market Today: Stocks Gain to Start the Short WeekStocks struggled for direction Tuesday, though Intel made a beeline higher on M&A buzz.
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Stock Market Today: It's Mostly Onward and Upward for EquitiesThe major U.S. equity indexes were mixed Friday but closed an eventful week for earnings and data modestly higher.
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Stock Market Today: Stocks Pop on Time-Delayed TariffsAll three major U.S. equity indexes rallied to intraday highs following President Trump's latest trade moves.
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Stock Market Today: Markets Turn Lower on Nasty Inflation SurpriseEquities sold off after a hot reading on consumer price inflation pushed back rate cuts to autumn or year-end.
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Stock Market Today: Markets Reflect Elevated UncertaintyInvestors and traders as well as CEOs and central bankers continue to adjust to a new administration in Washington, D.C.
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Stock Market Today: Nasdaq Leads Monday With Its 190-Point GainMarket participants took a glass-half-full approach to Trump's latest tariff news.
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Stock Market Today: Stocks Swing Lower as Inflation Fears RiseThe latest consumer sentiment data showed near-term inflation expectations rose to their highest level since November 2023.
