Animated Chart: The S&P 500 in 2023 So Far, by Stock

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Animated Chart: The S&P 500 in 2023 So Far

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The S&P 500’s Performance in 2023 Q1

With one quarter of 2023 in the books, how has the S&P 500 performed so far?

The index had a tumultuous 2022, ending the year down 18%, its worst performance since 2008. But so far, despite dealing with tight monetary conditions and an unexpected banking crisis, the S&P 500 has promptly started to rebound.

The above animation from Jan Varsava shows the stock performance of each company on the S&P 500, categorized by sector.

Biggest Gainers on the S&P 500

The S&P 500 increased 7.5% during the first quarter of 2023. Though it was led by a few big outperformers, more than half of the stocks on the index closed above their end-of-December prices.

Here are the top 30 biggest gainers on the index from January 1 to March 31, 2023.

RankCompany3-Month Return
1Nvidia90.1%
2Meta (Facebook)76.1%
3Tesla68.4%
4Warner Bros. Discovery59.3%
5Align Technology58.4%
6AMD51.3%
7Salesforce50.7%
8West Pharmaceuticals47.3%
9General Electric46.3%
10Catalent46.0%
11First Solar45.2%
12Monolithic Power Systems41.8%
13MarketAxess Holdings40.6%
14GE Healthcare Tech40.5%
15Arista Networks38.3%
16ANSYS Inc.37.8%
17Fortinet Inc.35.9%
18Wynn Resorts35.7%
19Paramount Global33.8%
20FedEx Corp32.7%
21MGM Resorts32.5%
22Royal Caribbean Group32.1%
23ON Semiconductor Corp32.0%
24Booking Holdings31.6%
25Cadence Design Systems30.8%
26Skyworks Solutions30.2%
27Pulte Group28.4%
28Seagate Technology27.1%
29Apple27.1%
30Lam Research26.6%

Nvidia shares gained the most of all the companies on the S&P 500 in Q1 2023, posting a staggering 90% return over three months.

As the world’s largest chipmaker by market cap, Nvidia gained from both strong earnings and semiconductor industry performance. It also benefited from the rising prevalence of artificial intelligence (AI) through software like ChatGPT.

Meanwhile, other tech giants Apple and Microsoft gained 27% and 21% respectively over the same time period.

Tech Leads Returns by Sector

The technology sector as a whole was the best performing sectoral index thanks to these big moves, up 21.7% at the end of March.

Sector3-Month Return
Technology21.65%
Consumer Services21.27%
Consumer Discretionary16.60%
Materials4.29%
Industrials 3.47%
Real Estate1.95%
Consumer Staples0.72%
Utilities-3.24%
Health Care-4.31%
Energy-4.37%
Financials -5.56%
S&P 5007.5%

Shares of other tech-adjacent companies like Meta (formerly Facebook) and Tesla—listed on the S&P 500 under the categories of communication services and consumer discretionary—also had a strong start to the year and lifted their respective sectors.

Meta in particular is up 76% in Q1 2023, continuing its rebound after falling to an eight-year low in November 2022 on the back of better-than-expected fourth quarter results and share buybacks.

Biggest Losers on the S&P 500

On the other side of the S&P 500, the financial sector was rocked by sudden collapses.

Signature Bank and Silicon Valley Financial Group shares lost the most ground in the first quarter, after both banks collapsed, shedding nearly all of their value in a matter of 30 days.

In fact, seven of the 10 worst performers on the index to start 2023 are banks or financial companies. The visualization shows the ripple effect on the market after the collapse of regional banks in March, and the ensuing rout driving the entire sector down 5.6% year-to-date.

Here are the top 30 biggest losers on the index from January 1 to March 31, 2023.

RankCompany3-Month Return
1Signature Bank-99.8%
2Silicon Valley Financial Group-99.6%
3First Republic Bank-88.5%
4Lumen Technologies-49.2%
5Zions Bancorporation-38.6%
6Charles Schwab Corp-36.9%
7Comerica Incorporated-33.9%
8DISH Network-33.5%
9KeyCorp-27.3%
10Lincoln National Corp-25.8%
11Centene Corporation-22.9%
12Cigna Group-22.5%
13APA Corporation-22.3%
14Citizens Financial Group-22.1%
15Enphase Energy Inc.-20.6%
16Baxter International Inc.-19.9%
17Truist Financial Corporation-19.9%
18American International Group-19.8%
19CVS Health Corporation-19.7%
20Pfizer-19.6%
21Gen Digital-19.5%
22MetLife-19.4%
23Huntington Bancshares-19.4%
24Fidelity National-19.3%
25Halliburton Company-19.2%
26Molina Healthcare-19.0%
27PNC Financial Services-18.8%
28Boston Properties-18.4%
29Fifth Third Bancorp-17.8%
30Allstate Corporation-17.7%

Despite the tight monetary landscape, traditionally defensive sectors like energy, consumer staples, and healthcare also underperformed the broader index. This is a reversal from market trends seen in 2022.

Investment Trends to Watch for in 2023

Experts predict a pause in U.S. interest rate hikes “sometime in 2023” but it’s unclear when (or at what level) the pause will take place given persistent inflation in the economy.

However, if interest rates level off in 2023, it could be a key momentum maker for the S&P 500. As Barron’s points out, the index tends to rise after hikes are paused.

Meanwhile, the current tumult in the financial sector is fanning the flames of recessionary fears. How effectively regulators manage the crisis might be the story of the year.

Finally, as we have seen in 2023 so far, investor interest in AI has sent tech stocks soaring. Is this a quick fad, or an overarching trend for the year?

Curious about what started the upheaval in the financial sector? Check out Timeline: The Shocking Collapse of Silicon Valley Bank for the backstory.
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This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

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Jobs

Ranked: The Top 10 U.S. States by Auto Manufacturing Jobs

The U.S. auto industry employs over 1 million people in 2025, with the top 10 states accounting for over half of the total.

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This chart ranks the top 10 U.S. states by the number of auto manufacturing jobs in 2025, including vehicles and auto parts production.

Ranked: The Top 10 U.S. States by Auto Manufacturing Jobs

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Automobile manufacturing continues to be a major source of employment across America, employing over a million people in 2025.

From Detroit’s “Motor City” heritage in Michigan to emerging plants in Southern states like Kentucky and Alabama, the U.S. has several vehicle manufacturing hubs.

This infographic ranks the top 10 U.S. states by total auto manufacturing jobs as of February 2025, using preliminary data from the Bureau of Labor Statistics which only provides data for the top 10 states. It breaks down employment by vehicle manufacturing and assembly, body/trailer manufacturing, and vehicle parts manufacturing.

America’s Auto Manufacturing Hubs by Employees

Together, the top 10 states employ over 520,000 workers in auto manufacturing—making up more than half of the industry’s nationwide employment.

Here’s how the top 10 states stack up by auto manufacturing employment, as of February 2025:

RankStateVehicles ManufacturingBodies and TrailersVehicle Parts Manufacturing Total EmployeesAnnual growth rate
1Michigan49K0115K164K-3.8%
2Indiana039K53K92K-2.0%
3Ohio19K065K84K-1.9%
4Kentucky24K034K58K-0.7%
5Alabama23K030K53K0.1%
6California25K0025K-6.5%
7Texas16K0016K-0.7%
8Missouri14K0014K0.0%
9New York008K8K-0.5%
10Mississippi006K6K-0.1%

States in the Midwest remain the centers of auto manufacturing in America.

Michigan leads the pack with 164,000 auto manufacturing jobs, accounting for over 15% of all such jobs in the country. Its dominance is driven by legacy automakers like Ford, General Motors, and Stellantis (previously Chrysler), who have significant manufacturing footprints in Detroit.

States like Indiana and Ohio are also heavily invested in parts production, with Indiana also leading in bodies and trailers manufacturing.

Meanwhile, Southern states are becoming increasingly important for vehicle manufacturing, with Kentucky and Alabama attracting investments from foreign automakers like Toyota, Hyundai, and Mercedes-Benz.

Overall, employment in U.S. auto manufacturing is down 12.7% from a year ago, with the parts manufacturing segment taking the biggest hit at -17.8%. California has seen the biggest decline in jobs in this segment, dropping 6.5% from February 2024 levels.

The State of the U.S. Auto Industry

The U.S. auto industry is facing speed bumps from the latest round of tariffs imposed by the Trump administration, which include a 25% levy on imported auto parts and completely built up vehicles.

S&P Global forecasts that U.S. light vehicle sales will fall by 700,000 units in 2025, and North American production will decline by nearly 1.3 million units as a result of the new tariffs. Increased manufacturing costs from tariffs on auto parts are also likely to result in higher vehicle prices.

Learn More on the Voronoi App

If you enjoyed this infographic, check out this graphic on the Favorite Car Brands of America’s Ultra-Wealthy, on the Voronoi app.

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