Apple (AAPL) has been the stock market's darling for the last year or two as everyone pumps up rumors and awaits new iPhone updates. Recently, we've seen pullbacks in Apple and considering that the stock makes up about 1/5th of the S&P Tech sector, it can really move a market. So we've taken a look at Apple, the S&P Tech sector and the S&P 500 to see which has performed best on a year-to-date basis.
The S&P 500 is up +14.6% year-to-date with the XLK up +18.5% during the same time period. And AAPL? Up +56% during the same time. It appears that while AAPL has its ebbs and flows, it still can beat the broader market with ease.
