The S&P 500 Energy sector is by far the best performing sector year-to-date with a gain of 45.2% through yesterday.  As shown below, Energy is outperforming the S&P 500 by roughly 33 percentage points so far in 2021.

Given its huge outperformance so far this year, it’s pretty remarkable that Energy is still lagging the S&P 500 over the last 12 months.  As shown below, Energy is only up 22.8% year-over-year versus the S&P 500’s gain of 31.6%.

And longer-term, Energy’s performance on an absolute basis and relative to the S&P 500 remains horrible.  Over the last 5 years, the Energy sector is down 18.7% versus the S&P 500’s gain of 99.5%.

Over the last 10 years, Energy is down 24.9% versus the S&P 500’s gain of 227.4%!

It’s not until we go back 20 years that Energy gets back into the green.  Since June 2001, Energy is up 69.4% while the S&P 500 is up 233.6%.

Energy has finally experienced some outperformance versus the broad market in 2021, but its 45% gain year-to-date hardly makes up any ground when looking at the sector’s performance in the 2010s.  The sector still has a LOT of catching up to do.  Click here to view Bespoke’s premium membership options and sign up for a trial.

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