The S&P 500 finished 2020 with a gain of 16.26% for the year and closed at a record high on Thursday, a remarkable performance after a drastic selloff in February and March.
Some of the names in the broad market index had particularly strong years, with six stocks gaining more than 100%.
TOP S&P 500 STOCKS OF 2020
2020 PRICE RETURN
Advanced Micro Devices
The S&P 500′s climb would have been even more dramatic if the top two names on the list had started the year in the index. Both electric vehicle maker Tesla and e-commerce company Etsy were added to the S&P 500 during the final four months of the year.
Those stocks also represent two of the major themes in the market this year, as stocks tied to green energy had strong years, as did those like Etsy that were well-equipped for a stay-at-home world.
The S&P 500 is a market-weighted group of large cap stocks in the U.S. and is the benchmark that many professional investors measure themselves against. Many popular exchange traded funds and mutual are compared to the S&P 500, with more than $11 trillion tied to or benchmarked against the index as of December 2019, according to S&P Dow Jones Indices.