S&P 500 sector heat map: all 11 sectors and 100+ themes by return
As of 12 October 2026, Technology (XLK) is the strongest S&P 500 sector over one month (+4.7%), and Financials (XLF) is the weakest (−3.5%). 4 of the 11 sectors rose. The S&P 500 returned +2.1% over the same month. The map covers 115 funds and updates daily from closing prices.
- S&P 500 sectors
- Industries and themes
- Other assets
Sector heat map (11 S&P 500 sectors)
The 11 S&P 500 sectors, one Select Sector fund each, with the largest tiles. Each tile shows the sector, its fund ticker and its return over the selected window. Click a tile for the sector page.
Industry and theme heat map
84 industry and theme funds, from semiconductors and banks to uranium and cybersecurity. All theme tiles are the same size, and each tile keeps its place when you change the window.
ETF heat map: commodities, bonds and other assets
20 other assets: commodity funds (gold, oil, grains), bond funds, the US dollar and short-term VIX futures. They often move against stocks, so they show where money goes when equities fall.
Prices as of · computed from daily adjusted closes · tile size shows the group, colour shows the return · how we measure
All 115 sectors, themes and assets by one-month return
As of , this table lists every fund on the heat map, ranked by one-month return. The spread column is the fund's one-month return minus the S&P 500's: positive means the fund beat the index.
| # | Name | Ticker | Group | 1W | 1M | 3M | 1Y | 1M vs SPY | Quadrant |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Cybersecurity | CIBR | Theme | +1.7% | +14.2% | +17.4% | +43.6% | +12.1 pts | Outperformers |
| 2 | Software | IGV | Theme | +1.4% | +9.6% | +20.1% | −0.7% | +7.6 pts | Outperformers |
| 3 | Cloud Computing | SKYY | Theme | +1.6% | +8.9% | +23.2% | +29.9% | +6.8 pts | Outperformers |
| 4 | Artificial Intelligence | THNQ | Theme | −4.0% | +7.9% | +10.7% | +50.2% | +5.8 pts | Outperformers |
| 5 | Sea to Sky Cargo | SEA | Theme | +4.7% | +7.6% | +25.5% | +72.9% | +5.5 pts | Outperformers |
| 6 | Natural Gas | UNG | Commodity | +3.5% | +7.3% | +5.3% | −11.5% | +5.3 pts | Emerging |
| 7 | Sugar | CANE | Commodity | +0.9% | +6.7% | +26.1% | +19.7% | +4.7 pts | Outperformers |
| 8 | Shipping | BOAT | Theme | +3.2% | +6.2% | +36.1% | +101.0% | +4.2 pts | Outperformers |
| 9 | Crypto Index | BITW | Theme | −4.7% | +5.3% | +34.1% | −32.4% | +3.3 pts | Outperformers |
| 10 | Technology | XLK | S&P 500 sector | −2.3% | +4.7% | +8.4% | +41.8% | +2.7 pts | Outperformers |
| 11 | Healthcare | XLV | S&P 500 sector | +2.8% | +4.4% | +7.0% | +23.0% | +2.3 pts | Outperformers |
| 12 | Semiconductors | SMH | Theme | −6.8% | +4.0% | +0.9% | +82.2% | +1.9 pts | Emerging |
| 13 | Medical Devices | IHI | Theme | +2.4% | +3.9% | +3.0% | −9.8% | +1.9 pts | Emerging |
| 14 | USD Bullish | UUP | Currency | +0.5% | +3.8% | +2.2% | +8.0% | +1.7 pts | Emerging |
| 15 | Copper | CPER | Commodity | +1.9% | +3.7% | +7.1% | +34.2% | +1.6 pts | Outperformers |
| 16 | US Internet | FDN | Theme | +1.7% | +3.5% | +8.8% | +8.3% | +1.4 pts | Outperformers |
| 17 | Next Generation Media | GGME | Theme | −0.4% | +2.7% | +6.8% | +5.6% | +0.6 pts | Outperformers |
| 18 | Nanotechnology | TINY | Theme | −6.7% | +2.6% | −8.0% | +57.4% | +0.5 pts | Emerging |
| 19 | Metaverse | FMET | Theme | −1.0% | +2.2% | +5.7% | +8.0% | +0.1 pts | Outperformers |
| 20 | Energy | XLE | S&P 500 sector | +4.1% | +2.0% | +17.1% | +59.3% | −0.1 pts | Cooling |
| 21 | Consumer Staples | XLP | S&P 500 sector | +4.1% | +1.9% | +0.4% | +11.0% | −0.2 pts | Underperformers |
| 22 | Momentum | MMTM | Theme | −0.5% | +1.7% | +1.2% | +11.8% | −0.4 pts | Underperformers |
| 23 | Social Sentiment | BUZZ | Theme | −3.0% | +1.7% | +7.0% | +1.4% | −0.4 pts | Cooling |
| 24 | Pharmaceutical | PPH | Theme | +2.9% | +1.5% | +2.1% | +22.6% | −0.6 pts | Underperformers |
| 25 | Health Care Providers | IHF | Theme | +2.0% | +1.2% | −0.3% | +16.5% | −0.9 pts | Underperformers |
| 26 | Digital Infrastructure | IDGT | Theme | +2.3% | +1.2% | −0.8% | +38.4% | −0.9 pts | Underperformers |
| 27 | Gaming | BJK | Theme | +3.7% | +1.0% | 0.0% | −4.0% | −1.1 pts | Underperformers |
| 28 | Health Care Services | XHS | Theme | +1.3% | +0.9% | +1.6% | +37.7% | −1.1 pts | Underperformers |
| 29 | Next Gen Connectivity | KNCT | Theme | −4.1% | +0.9% | +3.7% | +61.1% | −1.2 pts | Cooling |
| 30 | Social Media | SOCL | Theme | +1.3% | +0.7% | −3.5% | −22.2% | −1.4 pts | Underperformers |
| 31 | China Internet | KWEB | Theme | +0.8% | +0.7% | −5.6% | −31.7% | −1.4 pts | Underperformers |
| 32 | Water | FIW | Theme | −0.2% | +0.1% | −1.7% | −4.4% | −2.0 pts | Underperformers |
| 33 | Leisure and Entertainment | PEJ | Theme | +0.8% | +0.1% | −4.3% | +11.4% | −2.0 pts | Underperformers |
| 34 | Short-Term Bonds | NEAR | Bond | +0.3% | 0.0% | +0.1% | +2.0% | −2.0 pts | Underperformers |
| 35 | Manufacturing | RSHO | Theme | 0.0% | 0.0% | 0.0% | +48.6% | −2.1 pts | Underperformers |
| 36 | Senior Loan | BKLN | Bond | −0.1% | 0.0% | +1.8% | +4.9% | −2.1 pts | Underperformers |
| 37 | Soybean | SOYB | Commodity | +0.5% | −0.1% | +8.4% | +27.4% | −2.2 pts | Cooling |
| 38 | Oil & Gas Exploration & Production | XOP | Theme | +3.7% | −0.3% | +18.1% | +59.9% | −2.4 pts | Cooling |
| 39 | Consumer Discretionary | XLY | S&P 500 sector | +1.7% | −0.4% | −3.0% | −1.0% | −2.5 pts | Underperformers |
| 40 | Retail | XRT | Theme | +1.5% | −0.6% | −3.6% | +4.9% | −2.6 pts | Underperformers |
| 41 | Communication Services | XLC | S&P 500 sector | −0.2% | −0.7% | +0.2% | 0.0% | −2.8 pts | Underperformers |
| 42 | Electric Energy Infrastructure | GRID | Theme | −1.9% | −1.0% | −1.3% | +20.6% | −3.0 pts | Underperformers |
| 43 | Utilities | XLU | S&P 500 sector | +4.1% | −1.1% | −8.3% | −5.1% | −3.1 pts | Underperformers |
| 44 | High Yield Corporate Bond | HYG | Bond | +0.4% | −1.2% | −1.4% | +2.5% | −3.3 pts | Underperformers |
| 45 | TIPS | TIP | Bond | +0.5% | −1.3% | −2.4% | −2.2% | −3.3 pts | Underperformers |
| 46 | Food & Beverage | PBJ | Theme | +1.7% | −1.4% | −4.6% | +3.6% | −3.4 pts | Underperformers |
| 47 | Infrastructure | IGF | Theme | +1.8% | −1.5% | −5.8% | +6.5% | −3.5 pts | Underperformers |
| 48 | Industrials | XLI | S&P 500 sector | −0.6% | −1.6% | −6.0% | +14.1% | −3.7 pts | Underperformers |
| 49 | Environmental Services | EVX | Theme | −0.3% | −1.7% | −5.0% | +2.7% | −3.7 pts | Underperformers |
| 50 | Future Vehicles | CARZ | Theme | −4.0% | −1.7% | −1.7% | +50.0% | −3.7 pts | Underperformers |
| 51 | Muni Bond | MUB | Bond | 0.0% | −1.7% | −4.6% | −2.2% | −3.7 pts | Underperformers |
| 52 | Data Center & Digital Infrastructure | DTCR | Theme | +1.2% | −1.9% | −2.3% | +32.4% | −3.9 pts | Underperformers |
| 53 | US Small Cap Low Volatility | SMLV | Theme | −0.3% | −1.9% | −3.0% | +25.1% | −4.0 pts | Underperformers |
| 54 | Music | MUSQ | Theme | +0.5% | −2.1% | −3.3% | −11.7% | −4.2 pts | Underperformers |
| 55 | Transportation | IYT | Theme | +0.2% | −2.4% | −8.9% | +16.4% | −4.4 pts | Underperformers |
| 56 | Emerging Markets | EEM | Theme | −3.7% | −2.5% | +2.6% | +29.9% | −4.5 pts | Cooling |
| 57 | Oil | DBO | Commodity | +4.8% | −2.5% | +25.5% | +100.8% | −4.6 pts | Cooling |
| 58 | Insurance | KIE | Theme | +1.7% | −2.5% | −5.7% | +5.6% | −4.6 pts | Underperformers |
| 59 | Materials | XLB | S&P 500 sector | −0.1% | −2.5% | −1.8% | +15.9% | −4.6 pts | Underperformers |
| 60 | Real Estate | XLRE | S&P 500 sector | +3.1% | −2.6% | −5.4% | +6.7% | −4.7 pts | Underperformers |
| 61 | Convertible Securities | CWB | Bond | −2.2% | −2.8% | −3.6% | +11.4% | −4.9 pts | Underperformers |
| 62 | Industrial & Office Real Estate | INDS | Theme | +1.3% | −2.9% | −6.3% | +6.8% | −4.9 pts | Underperformers |
| 63 | Real Estate | DFGR | Theme | +2.0% | −3.0% | −6.0% | +7.2% | −5.0 pts | Underperformers |
| 64 | S&P 600 Small Cap | SPSM | Theme | −1.1% | −3.0% | −4.8% | +21.9% | −5.1 pts | Underperformers |
| 65 | Energy Infrastructure | MLPX | Theme | +1.5% | −3.1% | −2.9% | +28.7% | −5.1 pts | Underperformers |
| 66 | Biotechnology | XBI | Theme | −3.1% | −3.1% | −2.5% | +44.8% | −5.1 pts | Underperformers |
| 67 | 20+ Year Treasury Bond | TLT | Bond | +1.2% | −3.1% | −5.9% | −9.9% | −5.2 pts | Underperformers |
| 68 | Residential Real Estate | REZ | Theme | +1.5% | −3.4% | −7.4% | +11.0% | −5.4 pts | Underperformers |
| 69 | Financials | XLF | S&P 500 sector | +2.2% | −3.5% | −1.5% | +7.2% | −5.6 pts | Cooling |
| 70 | Natural Resources | CSNR | Theme | +1.5% | −3.5% | +9.2% | +33.4% | −5.6 pts | Cooling |
| 71 | Natural Resources | GNR | Theme | +1.4% | −3.5% | +10.1% | +35.1% | −5.6 pts | Cooling |
| 72 | Copper Miners | COPX | Theme | −1.2% | −3.6% | +14.8% | +44.9% | −5.7 pts | Cooling |
| 73 | Business Development | BIZD | Theme | −1.2% | −4.0% | +0.4% | +1.2% | −6.1 pts | Cooling |
| 74 | Financial Services | IYG | Theme | +1.9% | −4.0% | −1.3% | +8.5% | −6.1 pts | Cooling |
| 75 | Airlines | JETS | Theme | −3.1% | −4.1% | −13.5% | +12.5% | −6.1 pts | Underperformers |
| 76 | Gold | GLD | Commodity | +0.7% | −4.2% | +4.1% | +3.5% | −6.2 pts | Cooling |
| 77 | Natural Gas | FCG | Theme | +2.8% | −4.2% | +10.6% | +40.3% | −6.2 pts | Cooling |
| 78 | Lithium & Battery | LIT | Theme | −2.5% | −4.3% | −2.6% | +27.7% | −6.4 pts | Underperformers |
| 79 | Clean Energy | ICLN | Theme | −1.0% | −4.5% | −8.1% | +9.6% | −6.5 pts | Underperformers |
| 80 | Community Banks | QABA | Theme | −1.5% | −4.5% | −4.1% | +22.6% | −6.5 pts | Underperformers |
| 81 | FinTech | FINX | Theme | −0.3% | −4.8% | −2.3% | −25.1% | −6.9 pts | Cooling |
| 82 | CleanTech | CTEC | Theme | −1.6% | −4.9% | −2.9% | +6.4% | −7.0 pts | Cooling |
| 83 | Capital Markets | KCE | Theme | −1.2% | −5.1% | −0.3% | +7.4% | −7.1 pts | Cooling |
| 84 | Steel | SLX | Theme | −1.7% | −5.1% | +4.1% | +46.2% | −7.2 pts | Cooling |
| 85 | Homebuilders | ITB | Theme | −1.8% | −5.4% | −12.0% | −14.7% | −7.4 pts | Underperformers |
| 86 | Regional Banks | KRE | Theme | −1.2% | −5.4% | −6.9% | +18.2% | −7.4 pts | Underperformers |
| 87 | Renewable Energy Producers | RNRG | Theme | −0.8% | −5.5% | −8.3% | −1.5% | −7.5 pts | Underperformers |
| 88 | Private Equity | PSP | Theme | +0.9% | −5.6% | −1.3% | −10.9% | −7.7 pts | Cooling |
| 89 | Wind Energy | FAN | Theme | −1.0% | −5.7% | −6.5% | +13.2% | −7.7 pts | Underperformers |
| 90 | Sustainable Future | ERTH | Theme | −0.4% | −5.7% | −7.6% | −7.2% | −7.8 pts | Underperformers |
| 91 | Master Limited Partnerships | AMLP | Theme | −0.5% | −5.7% | 0.0% | +27.7% | −7.8 pts | Cooling |
| 92 | Aerospace & Defense | ITA | Theme | −0.4% | −5.8% | −12.2% | +0.3% | −7.8 pts | Underperformers |
| 93 | Timber & Forestry | WOOD | Theme | +0.6% | −5.9% | −0.7% | −1.2% | −8.0 pts | Cooling |
| 94 | Broker-Dealers | IAI | Theme | +0.5% | −6.0% | −5.1% | +5.3% | −8.1 pts | Underperformers |
| 95 | Platinum | PPLT | Commodity | −2.1% | −6.2% | +5.1% | +4.7% | −8.2 pts | Cooling |
| 96 | Silver | SLV | Commodity | −1.4% | −6.5% | +4.2% | +19.7% | −8.5 pts | Cooling |
| 97 | Agribusiness | MOO | Theme | −1.8% | −6.6% | −0.9% | +15.7% | −8.7 pts | Cooling |
| 98 | Wheat | WEAT | Commodity | −2.6% | −6.9% | +3.3% | +21.0% | −8.9 pts | Cooling |
| 99 | Corn | CORN | Commodity | −2.1% | −7.1% | +5.4% | +6.9% | −9.2 pts | Cooling |
| 100 | Coal | COAL | Theme | +2.1% | −7.3% | +9.1% | +10.7% | −9.4 pts | Cooling |
| 101 | VIX Short Term Futures | VXX | Volatility | −2.8% | −7.5% | −23.3% | −55.4% | −9.6 pts | Underperformers |
| 102 | Blockchain Technology | BLOK | Theme | −4.7% | −7.6% | −2.9% | −15.1% | −9.7 pts | Cooling |
| 103 | Metals & Mining | XME | Theme | −2.7% | −7.6% | +2.8% | +4.3% | −9.7 pts | Cooling |
| 104 | Solar Energy | TAN | Theme | −0.4% | −7.8% | −18.1% | −3.2% | −9.8 pts | Underperformers |
| 105 | Banks | KBWB | Theme | +0.5% | −8.7% | −7.8% | +22.2% | −10.8 pts | Underperformers |
| 106 | Gold Miners | GDX | Theme | +1.3% | −8.8% | +20.7% | +17.7% | −10.9 pts | Cooling |
| 107 | Cannabis | MJ | Theme | −5.1% | −9.2% | −4.8% | −36.6% | −11.3 pts | Cooling |
| 108 | Oil & Gas Equipment & Services | XES | Theme | −2.0% | −9.4% | −2.4% | +63.7% | −11.5 pts | Cooling |
| 109 | Silver Miners | SIL | Theme | 0.0% | −10.6% | +16.0% | +23.1% | −12.7 pts | Cooling |
| 110 | Nuclear Energy | NLR | Theme | −3.4% | −11.5% | −8.4% | −29.9% | −13.5 pts | Cooling |
| 111 | Crypto Innovators | DAPP | Theme | −8.1% | −11.8% | −1.7% | −27.6% | −13.9 pts | Cooling |
| 112 | Palladium | PALL | Commodity | −3.1% | −12.7% | −9.3% | −20.4% | −14.8 pts | Cooling |
| 113 | Uranium | URA | Theme | −6.1% | −13.3% | −7.4% | −23.7% | −15.4 pts | Cooling |
| 114 | Mortgage REITs | MORT | Theme | −1.4% | −14.3% | −18.6% | −12.9% | −16.3 pts | Underperformers |
| 115 | Sports Betting | BETZ | Theme | −0.2% | −14.4% | −15.5% | −22.1% | −16.4 pts | Underperformers |
How to read this heat map
Each tile is one fund. The colour shows its return over the window you pick: green for a gain, red for a loss, and a deeper shade for a larger move. Grey means the fund moved less than the first band, or that Zensei has no price for that window. The legend above the map gives the bands for each window.
The tiles are the same size inside each group. Zensei does not weight them by fund assets or market value, so a small theme gets the same space as a large one. The 11 S&P 500 sectors get the largest tiles because together they make up the whole index. Other assets get the smallest tiles. Hover over a tile, or tap it once on a phone, to see its return over every window.
The "vs S&P 500 (1M)" view colours each fund by its one-month spread: its return minus the S&P 500's return over the same month. A green tile in this view beat the index, even when its own return was negative. For the full picture over two windows, the sector rotation chart plots every sector by its short and long spread. The quadrant column in the table comes from that chart.
A heat map shows recent returns, which is a measurement, not a forecast. To compare valuations, see sector P/E ratios. To see how many stocks take part in a move, see market breadth.
Sector heat map: common questions
Which S&P 500 sector is strongest today?
As of 12 October 2026, Technology (XLK) is the strongest of the 11 S&P 500 sectors, ranked by one-month return (+4.7%). Financials (XLF) is the weakest (−3.5%). Over one week, Consumer Staples (XLP) leads with +4.1%. The ranking uses daily closes, so it changes after each trading day.
What do the colours on the sector heat map mean?
Green tiles rose over the selected window and red tiles fell. A deeper shade means a larger move. In the 1-month view, the shade gets deeper at moves of 1%, 3%, 6% and 10%; grey tiles moved less than 1%. In the "vs S&P 500" view, green means the fund beat the S&P 500 over one month and red means it trailed. All tiles in a group are the same size: Zensei does not size them by fund assets.
How often does the sector heat map update?
The heat map updates once per trading day, after the US close. It uses daily closing prices, not intraday prices. The current figures use closes up to 12 October 2026.
Which funds does the heat map cover?
It covers 115 funds in three groups: the 11 S&P 500 sector funds, the industry and theme funds, and other assets (commodities, bonds, the US dollar and volatility). Each tile links to that fund's page.
More sector data
Track every sector against the 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.