Not surprisingly, energy had a banner year in both Canadian and US indexes.
TSX:
The big two losers were health care (think: marijuana companies and biotechs dropping from grace), and information technology (think: Shopify and practically every technology IPO). Real estate was the third worst with a -24.3% performance (office REITs, in particular, were slammed more than the other sectors).
S&P 500:
The forward P/E on the S&P 500 of 16.8 still appears to be quite a rich valuation (5.95%) over the risk-free rate of interest (the one-year US treasury bond yields 4.7% at present).