I’m not talking about broad tech or energy. more specific:
for example road and rail, homebuilders. etc etc.
For S&P 500 Industries (i.e., not the broadest GICS sectors), from 11/1/89 through 12/14/20 (earliest data I have, annualized), the best performing industries were Software, and then Semiconductor/Semiconductor Equipment, returning 16.0% and 15.8%, respectively. The top handful (returning at least 13% annualized over this period) were, in descending order, Road & Rail, Tech Hardware Storage & Peripherals and Tobacco.
Keep in mind, certain industry-segment data does not necessarily have a 30-year track record or were not included in historical breakout calcs by S&P (at least with the data I have), so your annualized results may be different if you did it over, say, the last 20,10, etc. years or whatever.
Tobacco still had one of the best runs? Even thought they sucked hard this last year or so? Also is that total return ?
Yes and yes. Tobacco did 13.7% total return in the aforementioned period.
ok. i’ll check that industry out. the yields are like 8 percent right now. prolly a value trap. i think last i checked them they were losing 10% of volume. their only saving grace was raising prices everytime.
Tech Hardware Storage & Peripherals is this like seagate. weestern digital etc etc? those things been underperforming too. crazy crazy crazy,
Well, sure. I just gave you one broad, specific period of time. If it was me, I would be looking at all of these industries and subindustries over multiple time periods. But of course, I can’t do that kind of specific work for you. Do you have a tool at work where you can get this kind of information?
no worries. was just curious about 30 years. i can get 10 years. but anything past that nope. is this bberg?
Morningstar. But it’s irrelevant the system, it’s the underlying data from S&P that matters.
Companies selling addictive products tend to do ok…most of the reason SBUX is in my Roth.