Energy, Dow Jones and value stocks trump all other picks in a year of war, Covid and inflation

• The S&P 500 Energy Index returned 63 per cent in 2022, including dividends, outperforming the broader benchmark for a second straight year
• The 30-member Dow Jones index outperformed the 503-member S&P 500 by 10 percentage points this year, the widest performance spread since 1933