
The SPDR S&P 500 ETF Trust (NYSE:SPY) is off to a brutal start to 2022, down 12.1% year-to-date. Robinhood Markets Inc (NASDAQ:HOOD) has been one of the worst performers of all so far this year, dropping 43.3%.
Robinhood traders had some of the hottest hands in the market in 2021, generating huge returns from short squeezes in meme stocks and riding the wave of high-growth tech stocks. Unfortunately, the tide has turned against growth stocks in 2022. Fortunately, a handful of the top 100 stocks held by Robinhood users have done exceptionally well in 2022 as well.