50 Worst S&P 500 Stocks Of Q2

About: SPDR S&P 500 Trust ETF (SPY), Includes: AAL, ALK, BA, BRK.A, BRK.B, COG, DAL, MDY, OEF, STX, UAL, WFC, XLU
by: Ploutos
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Value, momentum, portfolio strategy, CFA

This article looks at the worst performing decile of stocks in the S&P 500 last quarter.

Laggards in the second quarter were driven by defensive stocks, including Utilities and Consumer Staples.

The article also looks at full-year laggards, which still heavily feature companies from COVID-19 impacted sectors.

By examining the tails of the return distribution, we can gain improved insight into different portfolio return drivers.

The S&P 500 (SPY) had its best quarterly performance (+20.5%) since the fourth quarter of 1998. That means that there were limited "losers" with only 6 companies (1.2% of the index) producing a