R1,000 invested at the start of the year – JSE Top 40 vs S&P 500

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The performance of R1,000 invested in the JSE Top 40 and S&P 500 in 2023, and the winner is clear.

A R1,000 investment in the S&P 500 on 1 January 2023 would have grown to R1,291 by 14 September, while the same investment in the JSE Top 40 would have shrunk to R991.

Apart from the option to invest in local and international companies on the JSE, people can also invest in exchange-traded funds . – The Standard and Poor’s 500 tracks the stock performance of 500 of the largest companies listed on US stock exchanges. – The FTSE/JSE Top 40 index comprises the 40 biggest companies in the JSE All-Share Index.An analysis shows that the S&P 500 significantly outperformed the JSE Top 40 between 1 January and 14 September 2023.

 

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If you invested R1,000 in the JSE Top 40 and S&P 500 in 2023, here is how much you would haveInvesting in the S&P500 at the start of the year would have yielded substantial returns, while investing in the JSE Top 40 would have lost you money.
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