The SPDR S&P 500 ETF Trust (NYSE:SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year.
The threat of sharply rising interest rates and a slowdown in growth for many of the top-performing pandemic stocks has driven investors to seek shelter and safety in value stocks and defensive investments. At this point, shareholders of the worst-performing S&P 500 stocks of 2022 are asking themselves whether to buy the dip or cut their losses.
