Here Are the 5 Best-Performing Stocks in the S&P 500 in 2016 - TheStreet

Market participants breathed a sigh of relief as January wraps to a close with major indices closing in positive territory during Friday's session.

The market has had a terrible start to 2016, loaded with extreme intraday volatility in the global markets as a result of plunging oil prices, growth concerns in China, new concerns over the Federal Reserve's timeline for further interest rate hikes and a so-so earnings season so far for U.S. companies.

The S&P 500 is down 5.1% year-to-date.

But crude oil's snap back in the latter half of January as well as investors betting on natural gas as a safe haven has fueled the return of energy companies, even though oil is still down 14% for the year. The sector is dominating the best-performing stocks in the S&P 500 this month, despite the S&P's overall decline.

Here are the five best-performing S&P stocks so far this year. Also check out the 5 Worst-Performing Stocks of 2016.