FinTech vs the S&P 500 (FINX): is it outperforming?
Over the past month, FINX has outperformed the S&P 500 by 4.1 points. Here is where that puts it in the sector rotation — updated daily.
Where FINX sits on the rotation map
FinTech 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.
FINX vs SPY: head-to-head returns
FINX (fintech) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means FINX won that window.
Data as of 2026-07-13 · computed from daily adjusted closes · how we measure
The read
FinTech (FINX) has just turned the corner. Over the longer, time-shifted window it trailed the S&P 500 by 7.2 points, but over the past month it has moved decisively ahead of the market — a 4.1-point edge that puts it in the improving quadrant. Ranked by one-month spread, it currently stands #11 of the 115 groups Zensei tracks — inside the top tier of the market.
On the shorter tape, FINX's momentum is mixed: the longer intraday trend is still positive, but the recent windows have gone flat. FINX's relative-strength line is holding around its moving averages — the trend is intact but no longer extending. The longer trend remains healthier than the recent tape suggests — the kind of divergence worth rechecking in a week.
The exposure comes via Global X FinTech ETF, whose 56 tracked holdings are led by ROBINHOOD MARKETS INC CLASS A, BLOCK INC CLASS A and PAYPAL HOLDINGS INC. Weighted by portfolio, the fund's holdings trade at roughly 37.9× earnings and 7.8× sales. The thing to watch from here is confirmation: improving groups that hold a positive one-month spread long enough for the longer window to turn are the classic early-rotation entries — the ones that fail fall back quickly.
What's inside FINX
Top 5 of 56 tracked holdings, by portfolio weight.
FinTech vs the market — common questions
Is fintech outperforming the S&P 500?
Right now, yes: over the past month FINX has outperformed the S&P 500 by 4.1 points. This page updates daily, so the answer reflects current market data rather than a dated article.
What is FINX?
FINX is Global X FinTech ETF, the fund Zensei uses to measure the fintech group against the S&P 500 benchmark (SPY).
Which stocks are in FINX?
FINX's largest tracked positions are ROBINHOOD MARKETS INC CLASS A, BLOCK INC CLASS A, PAYPAL HOLDINGS INC, FISERV INC, n/a — 56 holdings in total. The full list, with each stock measured against the group, is part of Zensei Premium.
What quadrant is fintech in right now?
As of the latest daily data, fintech is in the improving quadrant — behind the market over the longer window, but ahead over the past month. The quadrant rules are documented on the Zensei methodology page.
Related sectors
Track fintech 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.