Amazon (AMZN) stock vs the S&P 500 and consumer discretionary stocks
As of 2 October 2026, Amazon (AMZN) is beating both the S&P 500 and consumer discretionary stocks as a group (XLY) over the past three months.
Where Amazon stands now
As of 2 October 2026, Amazon is still ahead of the S&P 500 over three months, but it gave back ground over the past month.
Inside its group, AMZN leads: it is ahead of consumer discretionary stocks (XLY) over both the past month and three months. As a group, consumer discretionary stocks are trailing the S&P 500 right now. A strong stock in a weak group: it holds up while its peers struggle.
Amazon is 23.4% of XLY, a weight large enough to drive the fund. It sits in 8 of the sector and theme funds Zensei tracks. The thing to watch is the gap to its group: as long as it stays ahead of both the market and its peers, the trend is intact.
AMZN vs the S&P 500: returns
Amazon and the S&P 500 (SPY) side by side, over each window Zensei tracks.
Prices as of · computed from daily adjusted closes · how we measure
AMZN against consumer discretionary stocks, in depth
See the size of the gap between Amazon and consumer discretionary stocks (XLY) over every window, its momentum and its relative strength, and where it sits among consumer discretionary stocks.
See the full analysisWhich ETFs hold Amazon?
8 funds that Zensei tracks hold AMZN, by weight. The fund with the largest weight is its sector on this page.
Amazon competitors
The largest other holdings of Consumer Discretionary Select Sector SPDR (XLY), with their return over the past month.
Amazon stock: common questions
Is Amazon stock beating the S&P 500?
As of 2 October 2026, Amazon (AMZN) is down 1.3% over the past month. The S&P 500 is up 1.3% over the same month. Over three months, the stock is up 3.6% and the S&P 500 is up 3.6%.
Which ETFs hold Amazon?
As of 2 October 2026, 8 funds that Zensei tracks hold AMZN. Its largest weight is in Consumer Discretionary Select Sector SPDR (XLY), at 23.4%. It is also in First Trust Dow Jones Internet Index Fund (FDN, 9.9%), MUSQ Global Music Industry ETF (MUSQ, 5.2%), First Trust Cloud Computing ETF (SKYY, 3.3%), Robo Global Artificial Intelligence ETF (THNQ, 2.1%), SPDR S&P Retail ETF (XRT, 1.4%).
Who are Amazon's competitors?
As of 2 October 2026, the largest other holdings of Consumer Discretionary Select Sector SPDR (XLY) are Tesla (TSLA), The Home Depot Inc (HD), Mcdonald's Corp (MCD), Tjx Companies Inc (TJX), Booking Holdings Inc (BKNG). These are the stocks Amazon sits next to among consumer discretionary stocks.
Is Amazon doing better than other consumer discretionary stocks?
As of 2 October 2026, Amazon (AMZN) is ahead of consumer discretionary stocks as a group (XLY) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Track Amazon against consumer discretionary stocks and the market
Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.