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

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

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

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

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

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

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.