S&P 500 YTD Returns by Credit Rating

S&P 500 YTD Returns by Credit Rating Chart showing the impact of credit ratings on stock returns since the beginning of the year. Image: BofA Research Investment Committee

Returns – S&P 500 vs. S&P ex-FAANMG

Returns – S&P 500 vs. S&P ex-FAANMG FAANMG stocks are driving the S&P 500 higher year-to-date. Image: Societe Generale Cross Asset Research

S&P 500 Total Return Attribution

S&P 500 Total Return Attribution Multiple expansion explains the S&P 500’s total return YTD, despite negative earnings growth. Image: The Daily Shot

Top 5 vs. S&P 500 ex-Top 5 – YoY Contribution of EPS and P/E to Returns

Top 5 vs. S&P 500 ex-Top 5 – YoY Contribution of EPS and P/E to Returns The performance gap could widen further, as the top 5 largest stocks in the S&P 500 are superior on almost every financial metric (revenue, profit growth, margin structure, volatility and corporate leverage). Image: Credit Suisse Research