5 Resilient S&P 500 ETF Stocks That Endured the 2023’s Rocky Start

The beginning of 2023 has been turbulent for the S&P 500, marking its most significant decline at the start of a year since 2016. The drop sharply contrasts with the vigorous rally observed in the last two months of the preceding year. Nevertheless, amidst the general downturn, several stocks within the S&P 500 ETF have demonstrated resilience. Among the stocks that stood their ground, five notable ones were Apple Inc. AAPL, Everest Group, Ltd. EG, Sysco Corporation SYY, International Paper Company IP, and Cardinal Health, Inc. CAH.

Apple Inc. AAPL

Apple Inc. remains a titan in the technology sector, not merely surviving the rough start but maintaining its position as a leading global technology company. Apple's vast array of consumer electronics, coupled with its strong footing in software and online services, continues to drive its revenue and market value. As the largest technology company by revenue and among the most valuable globally, Apple's strong brand and product ecosystem contribute to its market resilience.

Everest Group, Ltd. EG

Specializing in reinsurance and insurance products, Everest Group, Ltd. has shown staunch performance. Headquartered in Bermuda, the company's international presence across the United States and beyond provides a broad base to weather sectoral headwinds, thus allowing it to stand firm when others falter.

Sysco Corporation SYY

As a multinational corporation in food distribution and marketing, Sysco Corporation plays a crucial role in the food service industry. Their extensive network supplying restaurants, healthcare, and educational facilities, along with hospitality businesses, shields it from the full brunt of market downturns, reflecting the essential nature of its services.

International Paper Company IP

The International Paper Company, as the world's largest paper company, has managed to navigate through the market turbulence effectively. Its centrality to various industries, from packaging to printing, has given it a solid operational foundation that can withstand economic pressures better than many other sectors.

Cardinal Health, Inc. CAH

A powerhouse in healthcare services, Cardinal Health, Inc. operates on a global scale. This multinational company's diversification across healthcare sectors ensures some level of protection against the kinds of shocks that have upset the broader market. With its expansive service offering, it maintains a crucial role in healthcare supply chains.

stocks, ETFs, resilience