Pattern Lab · Methodology + live rankings
Sector Relative Strength.
Rotational rankings of the eleven SPDR sector ETFs against the S&P 500 (SPY). Each sector gets four readings: an RS-ratio (sector / benchmark, normalised to 100 a year ago), 21-day · 63-day · 252-day outperformance in percentage points vs SPY, and a Z-score of the current RS-ratio against its trailing 63-day mean — a mean-reversion signal. Sectors are sorted by 63-day outperformance descending and assigned a JdK-style RRG quadrant.
Sector charts
Compare any of the 12 SPDR ETFs + SPY side-by-side. Per-cell ticker, range, and oscillator toggles. Reuses the same indicator set as the Rubin charts terminal — including Directional Flow (DF) and DF % (the 0-100 tanh-normalised view).
The rule
For each sector ETF: compute the relative-strength ratio against SPY, normalise it to 100 at the start of a 252-day window, and track its level and trajectory. Sectors above 100 with positive short-term outperformance are leading; sectors below 100 with negative outperformance are lagging. The remaining two quadrants — weakening and improving — are the rotation candidates.
The Z-score against the trailing 63-day mean is the mean-reversion overlay: a sector with Z > +2 is statistically stretched relative to its own recent history; a sector with Z < −2 is unusually compressed. Both edges are candidates for reversal, regardless of which quadrant they currently occupy.
Data is refreshed daily from EODHD (close prices). Re-run
workers/jensen-backtest/scripts/fetch-sector-rs-prices.mjs and rebuild.
Rankings · three timeframes, separately sorted
Same eleven sectors, three independent sort lenses. A name that leads on 21d but lags on 252d is a fresh rotation candidate; one that leads on 252d but lags on 21d is a tired leader. The full picture only emerges when all three horizons are read together.
Short term · 21 trading days (~1 month)
| Rank | Ticker | Sector | Price | RS | 21d | 63d | 1y | Z | Quadrant | Chart |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | XLK | Technology | $196.36 | 116.1 | +2.7% | +3.3% | +18.8% | +1.01 | Leading | chart → |
| 2 | XLV | Health Care | $171.99 | 103.5 | +2.3% | +5.3% | +4.1% | +0.34 | Leading | chart → |
| 3 | XLE | Energy | $66.01 | 132.0 | -0.1% | +12.8% | +37.5% | +1.31 | Weakening | chart → |
| 4 | XLP | Consumer Staples | $84.41 | 94.8 | -0.2% | -1.9% | -6.0% | -0.53 | Lagging | chart → |
| 5 | XLY | Consumer Discretionary | $112.27 | 82.1 | -2.5% | -6.7% | -20.9% | -1.22 | Lagging | chart → |
| 6 | XLC | Communication Services | $111.45 | 83.8 | -2.8% | -3.4% | -19.0% | -1.22 | Lagging | chart → |
| 7 | XLU | Utilities | $41.63 | 80.7 | -3.1% | -12.0% | -22.6% | -0.81 | Lagging | chart → |
| 8 | XLI | Industrials | $169.15 | 95.2 | -3.7% | -9.8% | -5.6% | -1.47 | Lagging | chart → |
| 9 | XLB | Materials | $49.44 | 96.9 | -4.6% | -5.7% | -3.7% | -1.73 | Lagging | chart → |
| 10 | XLRE | Real Estate | $41.92 | 90.0 | -4.7% | -8.7% | -11.7% | -1.27 | Lagging | chart → |
| 11 | XLF | Financials | $55.05 | 89.5 | -5.6% | -5.4% | -12.3% | -1.44 | Lagging | chart → |
Medium term · 63 trading days (~3 months)
| Rank | Ticker | Sector | Price | RS | 21d | 63d | 1y | Z | Quadrant | Chart |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | XLE | Energy | $66.01 | 132.0 | -0.1% | +12.8% | +37.5% | +1.31 | Weakening | chart → |
| 2 | XLV | Health Care | $171.99 | 103.5 | +2.3% | +5.3% | +4.1% | +0.34 | Leading | chart → |
| 3 | XLK | Technology | $196.36 | 116.1 | +2.7% | +3.3% | +18.8% | +1.01 | Leading | chart → |
| 4 | XLP | Consumer Staples | $84.41 | 94.8 | -0.2% | -1.9% | -6.0% | -0.53 | Lagging | chart → |
| 5 | XLC | Communication Services | $111.45 | 83.8 | -2.8% | -3.4% | -19.0% | -1.22 | Lagging | chart → |
| 6 | XLF | Financials | $55.05 | 89.5 | -5.6% | -5.4% | -12.3% | -1.44 | Lagging | chart → |
| 7 | XLB | Materials | $49.44 | 96.9 | -4.6% | -5.7% | -3.7% | -1.73 | Lagging | chart → |
| 8 | XLY | Consumer Discretionary | $112.27 | 82.1 | -2.5% | -6.7% | -20.9% | -1.22 | Lagging | chart → |
| 9 | XLRE | Real Estate | $41.92 | 90.0 | -4.7% | -8.7% | -11.7% | -1.27 | Lagging | chart → |
| 10 | XLI | Industrials | $169.15 | 95.2 | -3.7% | -9.8% | -5.6% | -1.47 | Lagging | chart → |
| 11 | XLU | Utilities | $41.63 | 80.7 | -3.1% | -12.0% | -22.6% | -0.81 | Lagging | chart → |
Long term · 252 trading days (~1 year)
| Rank | Ticker | Sector | Price | RS | 21d | 63d | 1y | Z | Quadrant | Chart |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | XLE | Energy | $66.01 | 132.0 | -0.1% | +12.8% | +37.5% | +1.31 | Weakening | chart → |
| 2 | XLK | Technology | $196.36 | 116.1 | +2.7% | +3.3% | +18.8% | +1.01 | Leading | chart → |
| 3 | XLV | Health Care | $171.99 | 103.5 | +2.3% | +5.3% | +4.1% | +0.34 | Leading | chart → |
| 4 | XLB | Materials | $49.44 | 96.9 | -4.6% | -5.7% | -3.7% | -1.73 | Lagging | chart → |
| 5 | XLI | Industrials | $169.15 | 95.2 | -3.7% | -9.8% | -5.6% | -1.47 | Lagging | chart → |
| 6 | XLP | Consumer Staples | $84.41 | 94.8 | -0.2% | -1.9% | -6.0% | -0.53 | Lagging | chart → |
| 7 | XLRE | Real Estate | $41.92 | 90.0 | -4.7% | -8.7% | -11.7% | -1.27 | Lagging | chart → |
| 8 | XLF | Financials | $55.05 | 89.5 | -5.6% | -5.4% | -12.3% | -1.44 | Lagging | chart → |
| 9 | XLC | Communication Services | $111.45 | 83.8 | -2.8% | -3.4% | -19.0% | -1.22 | Lagging | chart → |
| 10 | XLY | Consumer Discretionary | $112.27 | 82.1 | -2.5% | -6.7% | -20.9% | -1.22 | Lagging | chart → |
| 11 | XLU | Utilities | $41.63 | 80.7 | -3.1% | -12.0% | -22.6% | -0.81 | Lagging | chart → |
Bold-highlighted column = the timeframe each table is sorted by. The
chart → link opens the per-ticker chart at /indices/stock/?t=…
with OHLC + SMA + RSI. v2 follow-up: extend the Rubin-style charts terminal
(full oscillator set + Directional Flow) to SPDR ETFs.
By quadrant
JdK-style RRG mapping. RS-ratio on the vertical axis (above / below 100), 21-day outperformance on the horizontal axis (positive / negative). The four quadrants encode where each sector sits in its rotational cycle.
RS > 100 and 21d outperformance positive — strongest cohort
- XLV Health Care +5.3%
- XLK Technology +3.3%
RS < 100 but 21d outperformance positive — momentum rebuilding
- — none
RS > 100 but 21d outperformance turning negative — rotation candidate
- XLE Energy +12.8%
RS < 100 and 21d outperformance negative — broadly out of favor
- XLP Consumer Staples -1.9%
- XLC Communication Services -3.4%
- XLF Financials -5.4%
- XLB Materials -5.7%
- XLY Consumer Discretionary -6.7%
- XLRE Real Estate -8.7%
- XLI Industrials -9.8%
- XLU Utilities -12.0%
Sector RS is a structural overlay. It says where dispersion sits across the SPDR cohort and which sectors are entering or leaving the leading-quadrant cluster. It does not say what to do about it; that's a function of the user's framework (regime, time horizon, mean-reversion vs. momentum bias).
Sector Rotation (37-sector Closelooknet view) · Global Sectors (11×4 region matrix)
FAQ · from the current data · as of 2026-10-12
Quick answers
Which SPDR sector is leading on relative strength right now?
As of 2026-10-12, XLE (Energy) ranks #1 of 11 SPDR sectors by 63-day outperformance vs SPY, at +12.8%.
Which SPDR sector is lagging the most?
As of 2026-10-12, XLU (Utilities) ranks last (#11 of 11) by 63-day outperformance vs SPY, at -12.0%.
How many sectors are in the Leading quadrant?
As of 2026-10-12, 2 of 11 SPDR sectors sit in the Leading quadrant (RS-ratio above 100 with positive 21-day outperformance vs SPY); 8 sit in Lagging.
What does the Z-score column mean?
It is the current RS-ratio expressed as standard deviations from its own trailing 63-day mean — a mean-reversion overlay independent of the quadrant. A reading beyond +/-2 marks the sector as statistically stretched or compressed relative to its recent history.