The S&P 500 hit an all-time high yesterday of 1596 and is up +11.7% year-to-date. But several individual sectors that are part of the S&P 500 are killing it with their performance during the same time period. The Top 3 performers are as follows:
- US Healthcare Stocks (XLV) = +18.68%
- US Consumer Staples Stocks (XLP) = +17.31%
- US Consumer Discretionary Stocks (XLY) = +15.12%
As consumption continues to grow, Consumer Staples and Consumer Discretionary stocks stand to benefit the most from a stronger US dollar and weaker commodity prices.