Soybean vs the S&P 500 (SOYB): is it outperforming?
As of 12 October 2026, Soybean (SOYB) is losing ground: still ahead of the S&P 500 over the longer run, but behind over the past month. SOYB trails the S&P 500 by 2.2 points over one month and ranks #37 of 115 groups Zensei tracks.
Where soybean stands now
As of 12 October 2026, Soybean (SOYB) ranks #37 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is losing its lead. It built a 6.5-point advantage over the S&P 500 across the longer, time-shifted window, but over the past month it has slipped 2.2 points behind the market — the Cooling quadrant of the rotation map.
On the shorter tape, SOYB's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. SOYB'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 whether this is a pause or a handoff: cooling groups sometimes reset and reclaim leadership, but a deepening one-month deficit usually means rotation has moved on.
SOYB vs SPY: head-to-head returns
Over the week to 12 October 2026, SOYB rose 0.5% while the S&P 500 rose 0.4%. SOYB and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means SOYB won that window.
Prices as of · computed from daily adjusted closes · how we measure
Soybean on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
What's inside SOYB
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | FGTXXGoldman Sachs Fs Government Instl | 53.6% | +0.3% | +0.9% | +1.3 pts | Pulling back | — |
Soybean vs the market — common questions
Is soybean outperforming the S&P 500?
No. As of 12 October 2026, SOYB trails the S&P 500 by 2.2 points over the past month.
Is it a good time to invest in soybean?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, soybean is ahead of the S&P 500 over the longer window but behind over the past month, a fading lead. The rotation map and the read on this page show whether that trend is building or fading.
What is SOYB?
SOYB is Teucrium Soybean Fund. Zensei uses it to measure soybean against the S&P 500 (SPY).
What quadrant is soybean in right now?
As of 12 October 2026, soybean is in the Cooling quadrant — still ahead over the longer window, but behind the market over the past month. The Zensei methodology page explains the quadrants.
Recent changes
- ·First tracked: losing ground
Related sectors
Track soybean 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.