Let’s take a look at 2020 performance of the U.S. sectors and industries. Technology stocks had a banner year lead by semiconductors.
To analyze impact of major COVID developments, I created two baskets of stocks. Each is a simple equally-weighted 20-stock basket with 5% allocation to every company. I chose the stocks subjectively and tried to represent various “angles” of the COVID trade without having too many airlines, online retailers or medical plays.