Despite notable volatility, the S&P 500 Index delivered an 18% total return in 2025—its third consecutive year of 15% or higher gains. However, the strength was not evenly distributed across all 11 sectors.
Only three outperformed the broader index, driven by distinct tailwinds such as AI momentum, infrastructure investment, and content demand. Sector-level performance is based on State Street’s SPRD Sector ETFs.
