Homebuilders are another example, with the SPDR S&P Homebuilders ETF (NYSEMKT: XHB) falling by nearly 30% in 2022. 2022 was the worst year for the stock market since the financial crisis, fueled by a combination of rising interest rates, economic worries, war in Ukraine, inflation, and other factors. The massive company has declined by nearly 50% in 2022, giving back all of its pandemic-era gains, on fears of a slowdown in consumer spending, rising costs, and more.