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 | XLV | Health Care | $188.88 | 116.3 | +13.4% | +15.2% | +18.4% | +2.48 | Leading | chart → |
| 2 | XLP | Consumer Staples | $91.03 | 107.9 | +11.5% | +10.4% | +9.0% | +2.15 | Leading | chart → |
| 3 | XLY | Consumer Discretionary | $121.05 | 91.6 | +11.4% | +5.6% | -9.5% | +2.43 | Improving | chart → |
| 4 | XLB | Materials | $52.85 | 111.0 | +10.5% | +3.7% | +12.4% | +1.54 | Leading | chart → |
| 5 | XLRE | Real Estate | $44.58 | 99.0 | +10.0% | +3.7% | -1.1% | +1.64 | Improving | chart → |
| 6 | XLF | Financials | $58.29 | 99.3 | +9.5% | +3.7% | -0.8% | +1.75 | Improving | chart → |
| 7 | XLU | Utilities | $43.73 | 88.8 | +8.7% | +3.2% | -12.7% | +1.66 | Improving | chart → |
| 8 | XLI | Industrials | $168.73 | 98.5 | +3.4% | -6.3% | -1.7% | +0.14 | Improving | chart → |
| 9 | XLC | Communication Services | $107.76 | 86.1 | +0.3% | +0.7% | -15.7% | +0.00 | Improving | chart → |
| 10 | XLE | Energy | $62.21 | 126.5 | -2.1% | +5.2% | +29.9% | -0.38 | Weakening | chart → |
| 11 | XLK | Technology | $168.91 | 104.3 | -10.4% | -7.8% | +4.9% | -2.23 | Weakening | chart → |
Medium term · 63 trading days (~3 months)
| Rank | Ticker | Sector | Price | RS | 21d | 63d | 1y | Z | Quadrant | Chart |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | XLV | Health Care | $188.88 | 116.3 | +13.4% | +15.2% | +18.4% | +2.48 | Leading | chart → |
| 2 | XLP | Consumer Staples | $91.03 | 107.9 | +11.5% | +10.4% | +9.0% | +2.15 | Leading | chart → |
| 3 | XLY | Consumer Discretionary | $121.05 | 91.6 | +11.4% | +5.6% | -9.5% | +2.43 | Improving | chart → |
| 4 | XLE | Energy | $62.21 | 126.5 | -2.1% | +5.2% | +29.9% | -0.38 | Weakening | chart → |
| 5 | XLRE | Real Estate | $44.58 | 99.0 | +10.0% | +3.7% | -1.1% | +1.64 | Improving | chart → |
| 6 | XLF | Financials | $58.29 | 99.3 | +9.5% | +3.7% | -0.8% | +1.75 | Improving | chart → |
| 7 | XLB | Materials | $52.85 | 111.0 | +10.5% | +3.7% | +12.4% | +1.54 | Leading | chart → |
| 8 | XLU | Utilities | $43.73 | 88.8 | +8.7% | +3.2% | -12.7% | +1.66 | Improving | chart → |
| 9 | XLC | Communication Services | $107.76 | 86.1 | +0.3% | +0.7% | -15.7% | +0.00 | Improving | chart → |
| 10 | XLI | Industrials | $168.73 | 98.5 | +3.4% | -6.3% | -1.7% | +0.14 | Improving | chart → |
| 11 | XLK | Technology | $168.91 | 104.3 | -10.4% | -7.8% | +4.9% | -2.23 | Weakening | chart → |
Long term · 252 trading days (~1 year)
| Rank | Ticker | Sector | Price | RS | 21d | 63d | 1y | Z | Quadrant | Chart |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | XLE | Energy | $62.21 | 126.5 | -2.1% | +5.2% | +29.9% | -0.38 | Weakening | chart → |
| 2 | XLV | Health Care | $188.88 | 116.3 | +13.4% | +15.2% | +18.4% | +2.48 | Leading | chart → |
| 3 | XLB | Materials | $52.85 | 111.0 | +10.5% | +3.7% | +12.4% | +1.54 | Leading | chart → |
| 4 | XLP | Consumer Staples | $91.03 | 107.9 | +11.5% | +10.4% | +9.0% | +2.15 | Leading | chart → |
| 5 | XLK | Technology | $168.91 | 104.3 | -10.4% | -7.8% | +4.9% | -2.23 | Weakening | chart → |
| 6 | XLF | Financials | $58.29 | 99.3 | +9.5% | +3.7% | -0.8% | +1.75 | Improving | chart → |
| 7 | XLRE | Real Estate | $44.58 | 99.0 | +10.0% | +3.7% | -1.1% | +1.64 | Improving | chart → |
| 8 | XLI | Industrials | $168.73 | 98.5 | +3.4% | -6.3% | -1.7% | +0.14 | Improving | chart → |
| 9 | XLY | Consumer Discretionary | $121.05 | 91.6 | +11.4% | +5.6% | -9.5% | +2.43 | Improving | chart → |
| 10 | XLU | Utilities | $43.73 | 88.8 | +8.7% | +3.2% | -12.7% | +1.66 | Improving | chart → |
| 11 | XLC | Communication Services | $107.76 | 86.1 | +0.3% | +0.7% | -15.7% | +0.00 | Improving | 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 +15.2%
- XLP Consumer Staples +10.4%
- XLB Materials +3.7%
RS < 100 but 21d outperformance positive — momentum rebuilding
- XLY Consumer Discretionary +5.6%
- XLRE Real Estate +3.7%
- XLF Financials +3.7%
- XLU Utilities +3.2%
- XLC Communication Services +0.7%
- XLI Industrials -6.3%
RS > 100 but 21d outperformance turning negative — rotation candidate
- XLE Energy +5.2%
- XLK Technology -7.8%
RS < 100 and 21d outperformance negative — broadly out of favor
- — none
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 2026-11-10
Quick answers
Which SPDR sector is leading on relative strength right now?
As of 2026-11-10, XLV (Health Care) ranks #1 of 11 SPDR sectors by 63-day outperformance vs SPY, at +15.2%.
Which SPDR sector is lagging the most?
As of 2026-11-10, XLK (Technology) ranks last (#11 of 11) by 63-day outperformance vs SPY, at -7.8%.
How many sectors are in the Leading quadrant?
As of 2026-11-10, 3 of 11 SPDR sectors sit in the Leading quadrant (RS-ratio above 100 with positive 21-day outperformance vs SPY); 0 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.