Last year was a banner year for U.S. stocks and the ETFs that tracked them.
- Large caps in the S&P500 SPDR (SPY) soared 32.3%, their best performance since 1997, topping the index’s 29.6% rally.
- Small caps in the iShares Russell 2000 (IWM) surged 38.7%.
- All U.S. sectors posted gains:
- Consumer Discretionary Select Sector SPDR (XLY) rocketed 42.7%.
- Health Care Select Sector SPDR (XLV) surged 41.4%.
- Industrials Select Sector SPDR (XLI) soared 40.5%.
- Financials Select Sector SPDR (XLF) jumped 35.5%.
- Consumer Staples Select Sector SPDR (XLP) rose 2.63%.
- Energy Select Sector SPDR (XLE) leapt gained 26.3.%.
- Materials Select Sector SPDR (XLB) advanced 26.0%.
- Technology Select Sector SPDR (XLK) climbed 26.3%.
- Safe haven Utilities Select Sector SPDR (XLU) did the worst, but still gained 13.0%.
- Outside the U.S., developed markets tracked by the iShares MSCI EAFE ETF (EFA) gained 21.4% as investors noticed Europe’s bargain valuations and Abenomics fueled a rally in Japan.
- However, the iShares MSCI Emerging Markets (EEM) lost 3.7% as the resource-dependent economies of Brazil and South Africa saw sizeable declines.
All results are total returns, with dividends factored in