3 FAANG Stocks Which Have Underperformed The S&P 500 and Nasdaq-100 in 2021

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Photo by Maxim Hopman on Unsplash

FAANG group or so-called Big Tech could not keep pace with the high returns of both indices during last year. FAANG group consists of below technology giants

F-Facebook (Renamed as Meta Platforms in 2021)
A-Amazon
A-Apple
N-Netflix
G-Google (Alphabet)

Below is the performance comparison of 3 underperforming FAANG members and two comparative indices

S&P 500 Performance

S&P 500 is the index of the 500 largest companies listed in the United States of America. During 2021, the index posted a solid return of 28.79% by starting the year at 3,700.65 points and closing at 4,766.18 points as shown in the below chart

Source: Yahoo Finance

Nasdaq-100 Performance

Nasdaq-100 is the index of 101 largest non-financial companies listed on the Nasdaq stock exchange in the United States of America. The index posted a solid return of 24.53% by starting the year at 13,105.20 points and closing at 16,320.08 points as shown in the below chart

Source: Yahoo Finance

Meta Platforms (Facebook) Performance

The stock started the year 2021 at USD 273.16 and closed at USD 336.35
with a return of 23.13%, which is not bad but still underperformed the 2 comparative indices as shown below

Source: Yahoo Finance

Amazon

Amazon’s shares had a disappointing 2021 as the stock started the year from USD 3,182.70 and could reach only USD 3,334.34 with a nominal return of 4.76% as shown below

Source: Yahoo Finance

Netflix

The online streaming giant has also underperformed the two indices posting a return of 18% in 2021 i.e. starting from USD 510.40 and closing at USD 602.44 as shown below

Source: Yahoo Finance

Only Apple and Google are the outperformers

Whereas Apple & Google (Alphabet) have been the bright spots among the FAANG members with annual returns of 34.47 % and 60.30 % respectively in 2021.