Sugar vs the S&P 500 (CANE): is it outperforming?
As of 12 October 2026, Sugar (CANE) is among the strongest groups in the market, well ahead of the S&P 500. CANE beats the S&P 500 by 4.7 points over one month and ranks #7 of 115 groups Zensei tracks.
Where sugar stands now
As of 12 October 2026, Sugar (CANE) ranks #7 of the 115 groups Zensei tracks by one-month return against the S&P 500, inside the top tier of the market. It sits in the Outperformers quadrant of the rotation map: it has decisively beaten the S&P 500 by 4.7 points over the past month, on top of a 16.1-point advantage over the longer, time-shifted window.
On the shorter tape, CANE's momentum is mixed: the longer intraday trend is still positive, but the recent windows have gone flat. CANE's relative-strength line — its price ratio against the S&P 500 — is trading above its moving averages, the healthiest configuration we track. The longer trend remains healthier than the recent tape suggests — the kind of divergence worth rechecking in a week.
The thing to watch from here is durability: outperformers that hold their one-month spread while the longer window keeps building tend to stay out front; a fading spread is the early exit signal.
CANE vs SPY: head-to-head returns
Over the week to 12 October 2026, CANE rose 0.9% while the S&P 500 rose 0.4%. CANE and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means CANE won that window.
Prices as of · computed from daily adjusted closes · how we measure
Sugar 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 CANE
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | FGTXXGoldman Sachs Fs Government Instl | 18.0% | +0.3% | +0.9% | −4.5 pts | Weak | — |
Sugar vs the market — common questions
Is sugar outperforming the S&P 500?
Yes. As of 12 October 2026, CANE has beaten the S&P 500 by 4.7 points over the past month.
Is it a good time to invest in sugar?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, sugar is ahead of the S&P 500 on both the recent and the longer window. The rotation map and the read on this page show whether that trend is building or fading.
What is CANE?
CANE is Teucrium Sugar Fund. Zensei uses it to measure sugar against the S&P 500 (SPY).
What quadrant is sugar in right now?
As of 12 October 2026, sugar is in the Outperformers quadrant — outperforming the S&P 500 on both the recent and the longer, time-shifted window. The Zensei methodology page explains the quadrants.
Recent changes
- ·Beating the market → among the strongest
- ·First tracked: beating the market
Related sectors
Track sugar 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.