Freedom (FRHC) had the highest return in December 2002 by a large-cap US stock, returning 77.5%.

ASSET	MONTH	% RETURN
Freedom (FRHC)	December 2002	77.5%
Royal Gold (RGLD)	December 2002	47.76%
Pan American Silver (PAAS)	December 2002	46.54%
Kinross Gold (KGC)	December 2002	44.12%
AES (AES)	December 2002	40.47%
Agnico Eagle Mines (AEM)	December 2002	36.33%
Coeur Mining (CDE)	December 2002	35.21%
Harmony Gold Mining (HMY)	December 2002	33.41%
Gold Fields Ltd ADR (GFI)	December 2002	32.2%
Cheniere Energy (LNG)	December 2002	31.95%
AngloGold Ashanti (AU)	December 2002	30.96%
Newmont Goldcorp (NEM)	December 2002	25.67%
Garmin (GRMN)	December 2002	22.34%
NetEase (NTES)	December 2002	20.51%
West Pharmaceutical Services (WST)	December 2002	19.03%
Centene (CNC)	December 2002	18.27%
Centrais Elétricas Brasileiras SA - Eletrobrás (EBR.B)	December 2002	17.86%
Grupo Cibest (CIB)	December 2002	17.59%
Tenaris SA ADR (TS)	December 2002	17.19%
Dr Reddy’s Laboratories Ltd ADR (RDY)	December 2002	17.15%
XPO Logistics (XPO)	December 2002	15.79%
Valero Energy (VLO)	December 2002	15.44%
Ovintiv (OVV)	December 2002	14.65%
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR (SBS)	December 2002	14.16%
Altria (MO)	December 2002	13.72%

Large-cap stocks are treated as having a market cap of $10B+.