Most stocks have underperformed the stock market this year. To add insult to injury, they also experienced deeper drawdowns.
66% of S&P 500 stocks have underperformed over the last year, while 76% had a deeper drawdown, as you can see in the chart below.
66% of S&P 500 stocks have underperformed over the last year, while 76% had a deeper drawdown, as you can see in the chart below.
If you were throwing darts at the S&P 500 over the last year, you were eight times more likely to hit a stock with a max decline of more than 60% than you were…
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