--- title: From Chipotle to American Airlines, These 22 Stocks Are Performing Even Better Than Tech description: Tech stocks are having a big year in part thanks to the AI boom. But here's a list of S&P 500 non-tech stocks performing even better. authors: - name: Brenden Rearick role: Reporter url: https://money.com/author/brenden-rearick/ bio: Brenden Rearick is a former news reporter at Money with nearly four years of experience covering investing and other personal finance topics. education: University of Pittsburgh, BA at_money_since: 2023 articles: 133 covers: - Investing - Banking - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Housing - Insurance - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes - Technology former_staff: true editors: - name: Mallika Mitra role: Contributing Editor url: https://money.com/author/mallika-mitra/ bio: Mallika Mitra is a contributing editor for Money, based in Chicago. She has covered investing and retirement for seven years and her work has appeared in CNBC, Bloomberg, Kiplinger, AARP, Barron’s, Bankrate, The Daily Upside, ETF.com, The Bond Buyer, PLANADVISER, PLANSPONSOR and Investopedia. education: Craig Newmark Graduate School of Journalism at CUNY Kalamazoo College at_money_since: 2020 articles: 395 covers: - Investing - Banking - Business - Career Advice - Credit - Credit Cards - Debt - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology also_seen_in: - CNBC - Bloomberg - Kiplinger - Barron's - Bankrate - WGN-TV - CBS News Radio - This Morning With Gordon Deal - Everyone's Talkin' Money social: - https://twitter.com/mitra_mallika - https://www.linkedin.com/in/mallika-mitra-4577a386/ published: '2023-07-18T20:13:24.000Z' modified: '2023-07-18T20:13:24.000Z' section: Investing tags: - News - stocks word_count: 536 canonical: https://money.com/stocks-outperforming-tech-stocks-this-year/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Stock market graph illustration](https://img.money.com/2023/07/News-stocks-outperforming-tech-sector-this-year.jpg?crop=0px%2C174px%2C2880px%2C1620px&quality=85) [Tech stocks](https://money.com/can-tech-stocks-keep-driving-the-market-rally/) are all the rage in 2023, thanks in part to the booming interest in [artificial intelligence](https://money.com/are-ai-stocks-in-a-bubble/). But there are some non-tech stocks that are having an even better year, as far as gains go. A small but mighty group of stocks in the [S&P 500](https://money.com/how-to-invest-in-sp500/) is actually doing better than the index's overall tech sector, which has soared 43% year-to-date, according to data from S&P Dow Jones Indices. Take the cruise industry's Carnival Corporation, for example, which is up 127% for the year. To be fair, many of the tech giants that are getting attention are still outperforming this group of non-tech stocks. Nvidia — which supplies AI hardware and software — has jumped 230%. Meanwhile, [Apple](https://money.com/how-to-buy-apple-stock/) became the first company ever to close at more than $3 trillion in valuation this year as its stock is up 55% year-to-date. But when looking at S&P 500 tech players overall, there are certainly other industries that should be getting some of that attention. ## Build a portfolio through a unique investing experience ### SoFi® lets you invest in stocks, ETFs, and more with as little as $5. Share insights in a community and access a wealth of educational content. [Start Investing](https://money.com/pr/sbfd9907d3ba?ap_referrer=%2Fstocks-outperforming-tech-stocks-this-year%2F) **INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE. Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA / SIPC.** ## Travel stocks are soaring Many of the stocks beating out the S&P's overall tech sector this year are those from the travel industries. Carnival is flanked by fellow [cruise line](https://money.com/best-cruise-lines/) stocks Norwegian Cruise Line Holdings and Royal Caribbean, which are up 77% and 104% for the year, respectively. [Airline](https://money.com/best-airlines/) stocks, too, are performing well with the stocks of three of America's largest airlines — United, Delta and American — all up by more than 44% so far this year. The strong performance comes alongside a [spending spree](https://www.travelweekly.com/Cruise-Travel/Onboard-spending-keeps-flowing) by consumers on [travel](https://money.com/25-best-places-to-travel-us/) since the worst of the pandemic. Cruise lines have seen increasing booking demand throughout the first half of the year, reversing a bleak financial situation which faced the industry at the close of 2022 when these companies largely failed to meet their pandemic bounce-back expectations. Airline stocks are seeing much of the same effect, even as [airfare prices remain elevated](https://money.com/flight-prices-europe-summer-2023/). ## Non-tech stocks outperforming tech Here's a list of [S&P 500](https://money.com/how-to-invest-in-sp500/) non-tech stocks that are outperforming the S&P 500's tech industry stocks overall on a year-to-date basis as of Monday's close. Some of the entries may seem odd because companies you may assume are part of the tech world are technically sorted into other categories. Facebook owner Meta and Netflix are considered communications services stocks, for example, while Tesla is in the consumer discretionary category. Also, keep in mind that the stocks below consist only of those held in the [S&P 500 index](https://money.com/what-is-the-sp-500-index/). There are plenty of other high-performing smaller stocks that may deserve investors' attention too because they're having a great year so far, [like Carvana](https://money.com/meme-stocks-are-making-a-comeback/). - [Tesla](https://money.com/how-to-buy-tesla-stock/) (+167.6%) - [Meta Platforms](https://money.com/how-to-buy-facebook-stock/) (+149%) - Carnival Corporation (+127.8%) - Royal Caribbean Cruises (+103.6%) - PulteGroup (+77.7%) - Norwegian Cruise Line Holdings (+76.9%) - Align Technology (+69.2%) - West Pharmaceutical Services (+63.3%) - Chipotle (+56.2%) - [Amazon](https://money.com/how-to-buy-amazon-stock/) (+53.8%) - Copart (+52.9%) - Generac Holdings (+49.2%) - MGM Resorts International (+47.9) - FedEx (+47.4%) - Take-Two Interactive Software (+47.2%) - Delta Airlines (+46.2%) - Pentair (+46%) - Netflix (+45.6%) - Booking Holdings (+45.2%) - GE Healthcare Tech (+45.1%) - American Airlines Group (+44.7%) - United Airlines Holdings (+44.6%) ## Want to grow as an investor, no matter your level? ### SoFi® is the investing platform that helps people become better investors. Build your portfolio alongside over a million other community members. [Start Investing](https://money.com/pr/pd3846bbe3d7?ap_referrer=%2Fstocks-outperforming-tech-stocks-this-year%2F) ![](https://s3.consumersadvocate.org/prd/image/image/20107/medium_fab74697-be3e-49a4-8040-ea434cb0e5c3.png) Become a better investor with SoFi® [Start Investing](https://money.com/pr/v42ab7f4acf9?ap_referrer=%2Fstocks-outperforming-tech-stocks-this-year%2F) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/stocks-outperforming-tech-stocks-this-year/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Investing", "item": "https://money.com/investing/" }, { "@type": "ListItem", "position": 3, "name": "Stocks", "item": "https://money.com/stocks/" }, { "@type": "ListItem", "position": 4, "name": "From Chipotle to American Airlines, These 22 Stocks Are Performing Even Better Than Tech" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/stocks-outperforming-tech-stocks-this-year/#webpage", "url": "https://money.com/stocks-outperforming-tech-stocks-this-year/", "name": "From Chipotle to American Airlines, These 22 Stocks Are Performing Even Better Than Tech", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2023-07-18T20:13:24.000Z", "mainEntity": { "@id": "https://money.com/stocks-outperforming-tech-stocks-this-year/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/stocks-outperforming-tech-stocks-this-year/#breadcrumb" }, "dateModified": "2023-07-18T20:13:24.000Z" }, { "@type": "NewsArticle", "headline": "From Chipotle to American Airlines, These 22 Stocks Are Performing Even Better Than Tech", "articleSection": "Investing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2023/07/News-stocks-outperforming-tech-sector-this-year.jpg?crop=0px%2C174px%2C2880px%2C1620px&quality=85", "width": 1012, "height": 569, "caption": "News-stocks-outperforming-tech-sector-this-year" } ], "author": [ { "@type": "Person", "name": "Brenden Rearick", "url": "https://money.com/author/brenden-rearick/", "@id": "https://money.com/author/brenden-rearick/#author", "description": "Brenden Rearick is a former news reporter at Money with nearly four years of experience covering investing and other personal finance topics.\r\n\r\n", "email": "brenden.rearick@money.com", "alumniOf": "University of Pittsburgh, BA" } ], "publisher": "https://money.com/#organization", "datePublished": "2023-07-18T20:13:24.000Z", "description": "Tech stocks are having a big year in part thanks to the AI boom. But here's a list of S&P 500 non-tech stocks performing even better.", "abstract": "Tech stocks are having a big year in part thanks to the AI boom. But here's a list of S&P 500 non-tech stocks performing even better.", "@id": "https://money.com/stocks-outperforming-tech-stocks-this-year/", "inLanguage": "en-US", "dateModified": "2023-07-18T20:13:24.000Z", "editor": [ { "@type": "Person", "name": "Mallika Mitra", "url": "https://money.com/author/mallika-mitra/", "@id": "https://money.com/author/mallika-mitra/#author", "description": "Mallika Mitra is a contributing editor for Money, based in Chicago. She has covered investing and retirement for seven years and her work has appeared in CNBC, Bloomberg, Kiplinger, AARP, Barron’s, Bankrate, The Daily Upside, ETF.com, The Bond Buyer, PLANADVISER, PLANSPONSOR and Investopedia.\r\n", "image": "https://img.money.com/2020/05/Headshot.png?w=640&h=640&crop=1", "email": "mallikaamitra@gmail.com", "jobTitle": "Contributing Editor", "alumniOf": "Craig Newmark Graduate School of Journalism at CUNY Kalamazoo College", "subjectOf": [ { "@type": "WebPage", "url": "https://cnbc.com", "name": "CNBC" }, { "@type": "WebPage", "url": "https://bloomberg.com", "name": "Bloomberg" }, { "@type": "WebPage", "url": "https://kiplinger.com", "name": "Kiplinger" }, { "@type": "WebPage", "url": "https://barrons.com", "name": "Barron's" }, { "@type": "WebPage", "url": "https://bankrate.com", "name": "Bankrate" }, { "@type": "WebPage", "url": "https://wgntv.com/midday-news/your-money-matters-why-is-crypto-so-popular/", "name": "WGN-TV" }, { "@type": "WebPage", "url": "https://podcasts.apple.com/us/podcast/the-wall-street-journal-travel-editor-scott-mccartney/id1500053390?i=1000505352440", "name": "CBS News Radio" }, { "@type": "WebPage", "url": "https://thismorningwithgordondeal.com/b/Lots-of-People-Think-NFTs-Are-Cryptocurrency-and-Theyre-Wrong/306379835851553325.html", "name": "This Morning With Gordon Deal" }, { "@type": "WebPage", "url": "https://podcasts.apple.com/us/podcast/how-to-invest-in-a-recession/id957163760?i=1000596422109", "name": "Everyone's Talkin' Money" } ], "sameAs": [ "https://twitter.com/mitra_mallika", "https://www.linkedin.com/in/mallika-mitra-4577a386/" ], "worksFor": { "@id": "https://money.com/#organization" } } ], "wordCount": 536, "keywords": [ "News", "stocks" ], "about": [ { "@type": "Thing", "name": "Investment", "sameAs": [ "https://en.wikipedia.org/wiki/Investment" ] }, { "@type": "Thing", "name": "Stock", "sameAs": [ "https://en.wikipedia.org/wiki/Stock" ] } ] } ] } ```