The S&P 500 is expected to post a geometric average year-over-year (Y/Y) growth rate of 9.5% this decade. The financials sector (23.4%) is on track to post the largest geometric average Y/Y growth, with the consumer discretionary sector (12.2%) in second. Conversely, the energy sector is on pace to have the lowest geometric average Y/Y growth (-1.6%), followed by the utilities sector (2.5%). It’s worth noting that over the past decade two new sectors were added to the index. The real estate sector was separated from the financials sector and the communication services sector was created by removing the telecommunications

Over the past decade the S&P 500 has seen a total return of 252.2% (12/31/09 through 12/17/19), which translates to a compound annual total return rate of 13.5%. Over that time two new sectors were added to the index. The real estate sector was separated from the financials sector and the communication services sector was created by removing the telecommunications services sector and pulling constituents from the information technology and consumer discretionary sectors. The information technology sector posted the greatest compound annual total return of 17.3%. Within the sector, the software & services (17.8%) and semiconductors & semiconductor equipment (17.3%)