Live directory · updated daily

Every sector, measured against the S&P 500

The 115 sectors, industries and themes Zensei tracks, sorted into rotation quadrants by their spread vs the market. The number next to each is its 1-month spread in points — how it's defined is on the methodology page.

Outperformers18 Emerging35 Cooling47 Underperformers15

Strongest vs the market right now: Gold Miners +32.6 pts · weakest: VIX Short Term Futures −22.8 pts

Outperformers

18 groups

Outperforming the S&P 500 on both rotation windows — where market leadership currently lives.

SKYYCloud Computing+18.3 CANESugarCommodity+15.0 BOATShipping+9.8 CIBRCybersecurity+8.8 XBIBiotechnology+7.4 WEATWheatCommodity+6.7 CORNCornCommodity+6.2 SEASea to Sky Cargo+5.7 XOPOil & Gas Exploration & Production+5.4 PSPPrivate Equity+4.7 FINXFinTech+4.2 BIZDBusiness Development+3.1 KCECapital Markets+3.1 XLEEnergy+2.4 BJKGaming+2.3 IHIMedical Devices+2.0 XLVHealthcare+0.7 SOYBSoybeanCommodity+0.2

Emerging

35 groups

Behind over the longer window but ahead over the past month — early rotation shows up here first.

Cooling

47 groups

Still ahead over the longer window, but the recent spread has turned negative — leadership losing energy.

AMLPMaster Limited Partnerships−0.4 XLBMaterials−0.8 IAIBroker-Dealers−0.8 WOODTimber & Forestry−0.9 CPERCopperCommodity−1.2 XHSHealth Care Services−1.8 PPHPharmaceutical−1.9 FIWWater−2.0 IYGFinancial Services−2.1 XLFFinancials−2.6 MLPXEnergy Infrastructure−2.7 MOOAgribusiness−2.8 HYGHigh Yield Corporate BondBond−3.1 BKLNSenior LoanBond−3.1 MORTMortgage REITs−3.3 IHFHealth Care Providers−3.4 SPSMS&P 600 Small Cap−3.5 TIPTIPSBond−3.6 NEARShort-Term BondsBond−3.7 BETZSports Betting−4.0 PEJLeisure and Entertainment−4.0 RSHOManufacturing−4.3 MUBMuni BondBond−4.4 SMLVUS Small Cap Low Volatility−4.5 XLPConsumer Staples−4.7 TLT20+ Year Treasury BondBond−4.7 EVXEnvironmental Services−4.9 KBWBBanks−4.9 PBJFood & Beverage−5.2 IYTTransportation−5.2 QABACommunity Banks−5.5 KRERegional Banks−5.9 KIEInsurance−6.0 IGFInfrastructure−6.2 UUPUSD BullishCurrency−6.4 SOCLSocial Media−6.4 ITBHomebuilders−6.7 XLIIndustrials−6.7 XLREReal Estate−6.7 DFGRReal Estate−7.0 XRTRetail−7.6 KWEBChina Internet−7.7 INDSIndustrial & Office Real Estate−8.0 REZResidential Real Estate−8.3 ITAAerospace & Defense−8.3 JETSAirlines−9.6 XLUUtilities−9.8

Underperformers

15 groups

Trailing the S&P 500 on both windows — the market is voting elsewhere.

DBOOilCommodity−0.8 XLCCommunication Services−0.8 UNGNatural GasCommodity−1.2 GRIDElectric Energy Infrastructure−1.4 DTCRData Center & Digital Infrastructure−1.4 CWBConvertible SecuritiesBond−1.5 ERTHSustainable Future−2.2 MMTMMomentum−2.3 FANWind Energy−3.2 TINYNanotechnology−4.2 ICLNClean Energy−4.2 RNRGRenewable Energy Producers−4.5 MUSQMusic−5.0 TANSolar Energy−7.9 VXXVIX Short Term FuturesVolatility−22.8

See all 115 groups on one live map

Zensei Edge plots every group on this page against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.

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Data as of 2026-08-27. Not investment advice — see the disclaimer.