<div id="readability-page-1"><p><img width="1536" height="1024" src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/wall-st.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/wall-st.png"/></p><p>The S&amp;P 500 Index and its top ETFs, such as Vanguard’s VOO and State Street’s SPY, have declined sharply in the past few days. They have dropped by over 6.45% from the highest point this year. Also, they have been hovering at the lowest level since November last year. This article explores some of the top movers in the index this year.</p><figure><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/SP-500.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="3574" height="2106" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/03/SP-500.png"/></figure><p><em>S&amp;P 500 Index chart | Source: TradingView</em></p><h2>Why the S&amp;P 500 Index has dropped this year </h2><p>Most companies in the S&amp;P 500 Index have dropped this year because of the ongoing Iran war, which has pushed energy prices higher.</p><p>Brent and the West Texas Intermediate (WTI) have jumped by double digits since the war started a few weeks ago. As a result, the headline and core consumer price index (CPI) data are expected to continue rising, and possibly hit the key milestone at 3% this year.</p><p>As a result, US bond yields have continued rising, with the 10-year and 30-year rising to 4.3% and 4.8%, respectively. This jump is mostly because investors anticipate the Federal Reserve will either leave interest rates unchanged between 3.50% and 3.75% or hike rates this year.</p><p>The S&amp;P 500 Index has also dropped because of the ongoing concerns about the private credit industry, where some top companies like Blackstone, Ares, and Blue Owl have continued to restrict withdrawals. As such, there are concerns that the private credit bubble may be about to burst.</p><p>The index has also slumped amid the rising concerns about the artificial intelligence (AI) industry. Software stocks have slumped amid concerns that tools being made by companies like Anthropic will disrupt their business models.</p><h2>Top gainers in the VOO ETF this year </h2><p>Some notable companies in the S&amp;P 500 Index have done well in the past few months. Memory chip companies like Sandisk, Western Digital, and Seagate Technology stocks have jumped by 187%, 70%, and 50%, respectively. </p><p>This surge happened as the memory chip shortage continued, pushing them to boost prices and margins. For example, analysts expect that Sandisk’s revenue will jump by 112% to $15.5 billion this year.  They also expect that Western Digital’s revenue will jump by 30% to $12.47 billion.</p><p>Texas Pacific Land stock has jumped by 88% this year, while companies like Ciena, LyondellBasell, Moderna, APA Corporation, Dow, and Teradyne have all jumped by over 60% this year.</p><p>Some of the other top gainers this year are companies like Marathon Petroleum, Occidental, Valero, and Phillips 66. These companies are doing well as crude oil and natural gas prices soar.</p><h2>Top laggards in S&amp;P 500 Index in 2026</h2><p>Many companies in the S&amp;P 500 Index have come under pressure this year. The Trade Desk stock has slumped by 42% this year as some key clients like Omnicom and Publicis have announced reviews of its practices.</p><p>Fair Isaac, a top company in the financial services industry, has tumbled by 42% this year amid concerns that the business will be disrupted by AI tools.</p><p>The other top laggards in the S&amp;P 500 Index are firms like Robinhood, Workday, Gartner, CoStar, AppLovin, and GoDaddy. Also, other top companies like Adobe, ServiceNow, FactSet have all dropped amid concerns about the disruption by AI tools.</p><p>Other top laggards in the index are private equity companies like Ares, Blue Owl, and KKR. </p><p>The post Here are the top gainers and laggards in the S&amp;P 500 Index, SPY, VOO ETFs in 2026 appeared first on Invezz</p></div>

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<p>The S&P 500 Index and its ETFs, VOO and SPY, have dropped over 6.45% recently, reaching their lowest levels since November. This decline is attributed to the ongoing Iran war, rising energy prices, and concerns in the private credit and AI industries. Notable gainers include memory chip companies like Sandisk and Western Digital, while laggards include The Trade Desk and Fair Isaac, both affected by AI disruptions. Overall, the market is facing pressures from rising bond yields and inflation expectations.</p>

- The S&P 500 Index and top ETFs, including Vanguard’s VOO and State Street’s SPY, have fallen over 6.45% recently, reaching their lowest levels since November last year.  
- This decline is attributed to factors such as the ongoing Iran war, rising energy prices, and concerns about the private credit industry and AI disruptions, impacting investor sentiment.  
- Despite this downturn, companies like Sandisk and Western Digital have seen significant gains due to ongoing memory chip shortages, while others like Trade Desk and Fair Isaac have suffered substantial losses.

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iShares Semiconductor ETF

Invesco PHLX Semiconductor ETF

SPDR S&P 500

State Street® IG Public & Priv Crdt ETF

S&P 500

VG S&P 500

Sandisk

First Trust Nasdaq Food & Semicon

Western Digital

Ps Senior Loan

Direxion Semicon Bull 3X

SPDR S&P Semicon

VanEck Semiconductor ETF

Virtus Seix AAA Private Credit CLO ETF

Trade Desk

iShares Core S&P 500

BondBloxx Private Credit CLO ETF

Fair Isaac

T-REX 2X Long TTD Daily Target ETF

Here are the top gainers and laggards in the S&P 500 Index, SPY, VOO ETFs in 2026