These 13 Stocks Completely Erase Their Massive Coronavirus Losses What coronavirus stock market crash? That's what some S&P 500 investors must think after their stocks completely erased big losses. More than a dozen S&P 500 stocks, including financial innovatorMarket Axess Holdings (MKTX), health care play Incyte (INCY) and consumer discretionary stock Conagra (CAG) wiped away their implosions from the market's high to the low. That's no small feat. All these S&P 500 stocks crashed 10% or more from the market's Feb. 19, 2020, high to the March 23 low. And S&P 500 investors collectively lost nearly $13 trillion during the bear, says Wilshire Associates. Looks like April is a good month for the S&P 500, after all. Stocks have rallied 23% from the low. The S&P 500 itself , though, is still down nearly 19% from the high. And yet, these S&P 500 stocks are already at or higher than they were at the market's peak — including 10 with strong IBD Composite Ratings of 90 or higher. This is a sign of strength giving investors visibility into the future. "The difference between now and the start of the pandemic is that we can at least see the end. We can see that we have flattened the curve, and we can reasonably project when the pandemic will be brought under control," said Brad McMillan, chief investment officer at Commonwealth Financial Network. "We are not at that point yet, but at least we can see it." SPDR Sector ETFs: Intraday % Chg. Utilities XLU 5.22% Real Estate XLRE 5% Financials XLF 4.64% Materials XLB 3.2% Industrials XLI 2.2% Energy XLE 2.19% Consumer Discretionary XLY 1.77% Consumer Staples XLP 1.39% Communication Services XLC 0.11% Health Care XLV 0.02% Information Technology XLK -0.07% Provided by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Still Waiting On S&P 500 Sector Recovery Investors are still waiting for the S&P 500 sectorsto fully recover. None have yet. Even the Health Care Select Sector SPDR ETF (XLV), following recent gains, is still down 9.4% from the S&P 500's high. And it's the closest sector to a recovery. That's not to say there aren't health care success stories. Three of the 13 S&P 500 stocks to fully recover are in health care. Consider Incyte. The company that makes treatments for diseases fell along with the market. Shares dropped 23.3% from the S&P 500's high. Ouch. But now the stock is up nearly 7% from the day the S&P 500 peaked. It's also up on the year. The company is one of dozens helping to come up with treatments to combat the coronavirus. S&P 500 Bright Spots In Consumer Staples Even the Consumer Staples Select Sector SPDR (XLP) is still down 11% from the high. The consumer staples sector is even chock full of companies making goods people are stockpiling. And four of the 13 S&P 500 stocks to fully recover from their losses are consumer staples. That includesConagra Brands (CAG),General Mills (GIS),J.M. Smucker (SJM) andKraft Heinz (KHC). Take Conagra. Shares of the packaged foods company tanked nearly 14% when the S&P 500 sold off. But just weeks later, shares of Conagra are 5% higher than they were at the peak. Analysts think Conagra's profit in the May quarter will jump 83% from year-ago levels. Not quite a double, but not bad for a staple. MarketAxess: The S&P 500 Comeback King Technology as a sector is still finding its way back. The Financial Select Sector SPDR ETF (XLF) is down 28.7% from the S&P 500 high. That's the longest road back to breakeven from the peak after energy. But the financial sector is home to the S&P 500's comeback king.Bond trading technology firm: Market Axess. Its shares are an astounding 15.8% above the previous market high. It's a stunning comeback as its shares tanked nearly 18% from the market's high to the low. The company is at the nucleus of efforts to digitize the still analog world of bond trading. And MarketAxess is helping traders get live bids and offers on bonds, rather than making phone calls. Such efficiency is all the more important as trillions of dollars flow into the fixed-income market looking for stability. Analysts expect MarketAxess' earnings to boom 18% this year. No wonder it commands a near-perfect 98 Composite Rating. "It feels like the market has fully priced in the short-term shock to the system caused by the Covid shutdowns," says Bespoke Investment Group. "It's predicting that the peak for cases from the initial spike is either already here or very close." But if you own these S&P 500 stocks, the wait is already over. These S&P 500 Stocks Erased Big Coronavirus Losses They've completely recovered from 10% or bigger drops from the S&P 500's high Company Ticker % Drop From S&P 500 High to Low Jump From S&P 500 Low (%) % Gain From S&P 500 High Sector Composite Rating MarketAxess (MKTX) -17.7% 40.6% 15.8% Financials 98 Digital Realty Trust (DLR) -18.5% 35.1% 10.1% Real Estate 90 Incyte (INCY) -23.3% 38.9% 6.5% Health Care 98 Conagra Brands (CAG) -13.6% 21.5% 5.1% Consumer Staples 90 General Mills (GIS) -11.2% 17.9% 4.7% Consumer Staples 91 SBA Communications (SBAC) -25.7% 40.2% 4.2% Real Estate 83 Eli Lilly (LLY) -15.5% 22.8% 3.8% Health Care 99 Dollar General (DG) -14.6% 21.0% 3.3% Consumer Discretionary 95 Equinix (EQIX) -24.0% 35.8% 3.2% Real Estate 88 J. M. Smucker (SJM) -13.4% 19.1% 3.1% Consumer Staples 90 Vertex Pharmaceuticals (VRTX) -18.4% 23.5% 0.8% Health Care 99 American Tower (AMT) -27.8% 39.2% 0.5% Real Estate 92 Kraft Heinz (KHC) -23.9% 31.5% 0.0% Consumer Staples 75 S&P 500 -33.9% 22.9% -18.8% Source: IBD, S&P Global Market Intelligence Follow Matt Krantz on Twitter @mattkrantz https://www.investors.com/etfs-and-...tely-erase-massive-coronavirus-losses-bounce/