Market Insights
Periodic Table: S&P 500 Sector Performance
This chart
provides a detailed look at the S&P 500 Index’s performance over the past
decade, broken down by its 10 sectors. This visual presentation of the
performance helps point out the dynamic nature of the large cap space and some
of the sector trends in performance that have occurred over the past decade.
Some of the
more compelling observations:- Higher
growth sectors such as Healthcare, Consumer Discretionary and Information
Technology have dominated over the last 3 and 5 years and have beaten the
broad market index over 10 years.
- The
Energy sector started the decade with strong performance, but has
underperformed the broad market over the last 6 years which led to its
bottom annualized performance over the past 3 and 5 years.
- Healthcare
has been a steady winner and beaten the broad market index every year,
with the exception of 2006 & 2010.
- Utilities
had consistently positive performance in the years leading up to and into
2008, but has been volatile since then, having been a top performer in
2011 & 2014, but a laggard in the other years.
- Financials
narrowly outperformed the broad market index in 2013, its only winning
year since the great financial crisis bludgeoned the sector in 2007 &
2008.
- Consumer
Staples has outperformed the S&P 500 Index during its low/negative
return years, leading to the sector’s strong relative 10 year showing.
- The
defensive Telecom Services and Utilities sectors have underperformed the
broad market over the 3, 5 and 10 year periods.
Ziegler CapitalManagement, LLC is headquartered in Chicago, IL with additional offices in New
York, NY, San Francisco, CA, St. Louis, MO, and Milwaukee, WI. The firm manages
portfolios across the fixed income and equity spectrum to a wide range of clients
including corporations, mutual fund sub-advisory, municipalities, pension
plans, foundations, endowments, senior living and healthcare organizations and
high net worth individuals. Ziegler Capital Management was formed in 1991 and
has grown significantly in recent years through strategic business combinations
with experienced investment teams nationwide. Through these combinations, we
have expanded our investment strategy offerings and broadened our portfolio
management teams to best serve our expanding client base.
