The S&P 500 does better in years when the New England Patriots lose the Super Bowl compared to the years they win it, Axios reported on Sunday, citing LPL Financial Research.
On average, the S&P 500 gained an annual 1.5% when the Patriots won the Super Bowl. However, when they were the losing team, the S&P rose an average 2.9%, the report said.
The Patriots last won the Super Bowl in 2017. The index is currently down 2.01% over the last 12 months, but remains 7.97% higher year-to-date.
