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Weakening#99 of 115 by 1M spread

Data Center & Digital Infrastructure vs the S&P 500 (DTCR): is it outperforming?

Over the past month, DTCR has underperformed the S&P 500 by 9.8 points. Here is where that puts it in the sector rotation — updated daily.

1M spread vs SPY
−9.8 pts
Quadrant
Weakening
Momentum
Weakening
RS health
Broken
Holdings P/E
59.4×

Where DTCR sits on the rotation map

Data Center & Digital Infrastructure highlighted against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window — the methodology explains the math.

DTCR vs SPY: head-to-head returns

DTCR (data center & digital infrastructure) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means DTCR won that window.

Window
DTCR
SPY
Spread
1 week−1.1%−0.3%−0.9 pts
2 weeks−7.1%+2.8%−9.9 pts
1 month−8.6%+1.2%−9.8 pts
3 months+6.9%+9.5%−2.6 pts
6 months+22.2%+8.5%+13.6 pts
1 year+54.8%+21.4%+33.3 pts

Data as of 2026-07-13 · computed from daily adjusted closes · how we measure

The read

Data Center & Digital Infrastructure (DTCR) is losing its lead. It built a 8.8-point advantage over the S&P 500 across the longer, time-shifted window, but over the past month it has slipped 9.8 points behind the market — the weakening quadrant of the rotation map. Ranked by one-month spread, it currently stands #99 of the 115 groups Zensei tracks.

On the shorter tape, DTCR's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. DTCR's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.

The exposure comes via Global X Data Center & Digital Infrastructure ETF, whose 18 tracked holdings are led by EQUINIX INC, DIGITAL REALTY TRUST INC and AMERICAN TOWER CORP. Weighted by portfolio, the fund's holdings trade at roughly 59.4× earnings and 11.5× sales. The thing to watch from here is whether this is a pause or a handoff: weakening groups sometimes reset and reclaim leadership, but a deepening one-month deficit usually means rotation has moved on.

What's inside DTCR

Top 5 of 18 tracked holdings, by portfolio weight.

Holding
Weight
1M
EQIXEQUINIX INC
12.3%−1.5%
DLRDIGITAL REALTY TRUST INC
10.7%−2.8%
AMTAMERICAN TOWER CORP
9.0%−9.4%
CCICROWN CASTLE INC
6.3%−12.3%
MRVLMARVELL TECHNOLOGY INC
5.4%−22.2%
13 more holdings — each measured against the sector, with momentum and relative strengthUnlock with Premium

Data Center & Digital Infrastructure vs the market — common questions

Is data center & digital infrastructure outperforming the S&P 500?

Right now, no: over the past month DTCR has underperformed the S&P 500 by 9.8 points. This page updates daily, so the answer reflects current market data rather than a dated article.

What is DTCR?

DTCR is Global X Data Center & Digital Infrastructure ETF, the fund Zensei uses to measure the data center & digital infrastructure group against the S&P 500 benchmark (SPY).

Which stocks are in DTCR?

DTCR's largest tracked positions are EQUINIX INC, DIGITAL REALTY TRUST INC, AMERICAN TOWER CORP, CROWN CASTLE INC, MARVELL TECHNOLOGY INC — 18 holdings in total. The full list, with each stock measured against the group, is part of Zensei Premium.

What quadrant is data center & digital infrastructure in right now?

As of the latest daily data, data center & digital infrastructure is in the weakening quadrant — still ahead over the longer window, but behind the market over the past month. The quadrant rules are documented on the Zensei methodology page.

Related sectors

Track data center & digital infrastructure against the whole market

Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.