Investors who have put money into major U.S. indices have enjoyed respectable returns since the bottom of the market in March 2020. In fact, the SPDR S&P 500 ETF (NASDAQ: SPY (NYSE:SPY)), Invesco QQQ Trust Series 1 (NASDAQ: QQQ) and SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: NYSE:DIA) have returned 70.49%, 72.59% and 64.16% since then.
As good as investors in the major U.S. indices have had it since 2020, a number of retail-favorite names have performed that much better. Tech and entertainment bulls who bought when U.S. markets bottomed out in March 2020 and held on for the long-term, despite the ongoing volatility, have been treated to epic returns on their investment.
Winners Since March 2020: Here’s how much $100 in each of the following cryptocurrencies back at the bottom of the U.S. market in March 2020 would be worth today:
- Apple Inc (NASDAQ: NASDAQ:AAPL): $247.18
- Microsoft Corporation (NASDAQ: NASDAQ:MSFT): $194.90
- Tesla Inc (NASDAQ: TSLA): $862.03
- AMC Entertainment Holdings Inc (NYSE: AMC): $549.34
Read at Benzinga