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Improving#4 of 115 by 1M spread

Gaming vs the S&P 500 (BJK): is it outperforming?

Over the past month, BJK has outperformed the S&P 500 by 7.9 points. Here is where that puts it in the sector rotation — updated daily.

1M spread vs SPY
+7.9 pts
Quadrant
Improving
Momentum
Weakening
RS health
Broken
Holdings P/E

Where BJK sits on the rotation map

Gaming 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.

BJK vs SPY: head-to-head returns

BJK (gaming) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means BJK won that window.

Window
BJK
SPY
Spread
1 week+0.1%−0.3%+0.4 pts
2 weeks+5.7%+2.8%+3.0 pts
1 month+9.1%+1.2%+7.9 pts
3 months+8.6%+9.5%−0.8 pts
6 months−2.6%+8.5%−11.2 pts
1 year−11.5%+21.4%−32.9 pts

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

The read

Gaming (BJK) has just turned the corner. Over the longer, time-shifted window it trailed the S&P 500 by 8.6 points, but over the past month it has moved decisively ahead of the market — a 7.9-point edge that puts it in the improving quadrant. Ranked by one-month spread, it currently stands #4 of the 115 groups Zensei tracks — inside the top tier of the market.

On the shorter tape, BJK's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. BJK'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 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.

Gaming vs the market — common questions

Is gaming outperforming the S&P 500?

Right now, yes: over the past month BJK has outperformed the S&P 500 by 7.9 points. This page updates daily, so the answer reflects current market data rather than a dated article.

What is BJK?

BJK is VanEck Gaming ETF, the fund Zensei uses to measure the gaming group against the S&P 500 benchmark (SPY).

What quadrant is gaming in right now?

As of the latest daily data, gaming 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 gaming 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.