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Worst-performing shares in the S&P 500

The worst-performing shares in the S&P 500 include a few familiar names, including Meta, AMD, Paypal, Nvidia, Netflix, and Tesla.

Many investors see this as a justified collapse in overhyped stock, while others see it as a perfect time to load up on their favourite companies at killer discounts.

The worst performer is Meta, formerly known as Facebook, which is down 72.5% year-to-date.

Part of the problem is CEO Mark Zuckerburg, who has thrown caution – and cost controls – to the wind in pursuit of his metaverse dream.

It must be difficult to concede failure and re-think your strategy when you have renamed your entire company after a prospective product.

In second place is Align Technology, a company that specializes in manufacturing 3D digital scanners and Invisalign clear aligners used in orthodontics to improve traditional braces.

It is a revolutionary technology that was recently demonstrated by Willem van der Post at the MorningStar Investment Conference.

Van der Post is the founder of the venture capital firms xTech Capital and Simple Capital. He said the technology would disrupt the orthodontics industry after dropping the cost of a single aligner to $8.

The third worst performer is Match Group, the largest operator of online dating services like Tinder, Match.com, and OkCupid.

A surprising company in the top 10 worst performers is Stanley Black & Decker, which manufactures power tools that include DeWalt, Stanley, and Black & Decker.

The company recently slashed its full-year earnings guidance from $9.50 to $10.50 per share to $5 to $6 per share.

Chip manufacturers were also hard hit after the crypto winter led to a collapse in demand for their products.

To add to their pain, the US ban on selling high-end chips to China has taken away a significant share of their client base. The companies worst affected include AMD, Nvidia, Intel, and Micron.

Qualcomm narrowly escaped the list but was still down 36.8% this year.

Microsoft and Google escaped the worst-perming list but still declined 30.7% and 34.8%, respectively. Amazon only narrowly escaped the list with a decline of 39.9%.

Apple has remained a pillar of resilience and has only lost 15.8% despite also facing economic headwinds.

The table below shows the price return until the end of October 2022 of shares in the S&P 500 that have lost more than 40% of their value.

Share NameSectorReturn
MetaCommunication-72.5%
Align Technology IncHealth Care-70.0%
Match Group IncCommunication-67.8%
Generac Holdings IncIndustrials-66.7%
SVB Financial GroupFinancials-66.4%
VF CorpConsumer Discretionary-61.7%
AMD – Advanced Micro Devices IncInformation Technology-60.0%
Stanley Black & Decker IncIndustrials-57.8%
Carnival CorpConsumer Discretionary-57.7%
Paypal Holdings IncInformation Technology-57.1%
Seagate Technology Holdings PlcInformation Technology-56.1%
Etsy IncConsumer Discretionary-55.3%
Dish Network Corp Class ACommunication-55.2%
Nvidia CorpInformation Technology-55.2%
Caesars Entertainment IncConsumer Discretionary-53.2%
Bio Rad Laboratories Inc Class AHealth Care-52.2%
Bath And Body Works IncConsumer Discretionary-52.1%
Signature BankFinancials-51.6%
Zebra Technologies Corp Class AInformation Technology-51.5%
Netflix IncCommunication-51.1%
Teradyne IncInformation Technology-51.0%
Carmax IncConsumer Discretionary-50.4%
Expedia Group IncConsumer Discretionary-49.5%
Mohawk Industries IncConsumer Discretionary-48.5%
West Pharmaceutical Services IncHealth Care-48.4%
Western Digital CorpInformation Technology-47.9%
Catalent IncHealth Care-47.2%
Ball CorpMaterials-47.0%
Intel Corporation CorpInformation Technology-46.6%
Skyworks Solutions IncInformation Technology-46.2%
Vornado Realty Trust ReitReal Estate-46.1%
Qorvo IncInformation Technology-46.0%
Estee Lauder Inc Class AConsumer Staples-45.9%
Dentsply Sirona IncHealth Care-45.8%
Epam Systems IncInformation Technology-45.5%
T Rowe Price Group IncFinancials-45.4%
Aptiv PlcConsumer Discretionary-45.1%
Applied Material IncInformation Technology-44.8%
Pool CorpConsumer Discretionary-44.7%
Lam Research CorpInformation Technology-44.2%
Ansys IncInformation Technology-44.1%
Nike Inc Class BConsumer Discretionary-43.7%
Adobe IncInformation Technology-43.6%
Edwards Lifesciences CorpHealth Care-43.6%
Micron Technology IncInformation Technology-43.5%
Charter Communications Inc Class ACommunication-43.2%
Paramount Global Class BCommunication-43.2%
Tesla IncConsumer Discretionary-43.1%
Idexx Laboratories IncHealth Care-43.0%
Digital Realty Trust Reit IncReal Estate-42.7%
Celanese CorpMaterials-42.6%
Fortune Brands Home And SecurityIndustrials-42.4%
Lumen Technologies IncCommunication-42.0%
Charles River LaboratoriesHealth Care-41.4%
F5 IncInformation Technology-41.1%
Whirlpool CorpConsumer Discretionary-40.6%
eBay IncConsumer Discretionary-40.4%
Equifax IncIndustrials-40.3%

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