Sector tracker · updated daily

Every sector, measured against the S&P 500

As of 12 October 2026, 19 of 115 groups beat the S&P 500 over one month.

The 115 sectors, industries and themes Zensei tracks, sorted into rotation quadrants by their spread vs the market. The number next to each is its 1-month spread in points — how it's defined is on the methodology page.

Outperformers14 Emerging5 Cooling38 Underperformers58

Strongest vs the market over one month: Cybersecurity +12.1 pts · weakest: Sports Betting −16.4 pts

Tools: Sector heat map · P/E ratio by sector

Outperformers

14 groups

Outperforming the S&P 500 on both rotation windows — where market leadership currently lives.

CIBRCybersecurity+12.1 IGVSoftware+7.6 SKYYCloud Computing+6.8 THNQArtificial Intelligence+5.8 SEASea to Sky Cargo+5.5 CANESugarCommodity+4.7 BOATShipping+4.2 BITWCrypto Index+3.3 XLKTechnology+2.7 XLVHealthcare+2.3 CPERCopperCommodity+1.6 FDNUS Internet+1.4 GGMENext Generation Media+0.6 FMETMetaverse+0.1

Emerging

5 groups

Behind over the longer window but ahead over the past month — early rotation shows up here first.

UNGNatural GasCommodity+5.3 SMHSemiconductors+1.9 IHIMedical Devices+1.9 UUPUSD BullishCurrency+1.7 TINYNanotechnology+0.5

Cooling

38 groups

Still ahead over the longer window, but the recent spread has turned negative — leadership losing energy.

XLEEnergy−0.1 BUZZSocial Sentiment−0.4 KNCTNext Gen Connectivity−1.2 SOYBSoybeanCommodity−2.2 XOPOil & Gas Exploration & Production−2.4 EEMEmerging Markets−4.5 DBOOilCommodity−4.6 XLFFinancials−5.6 CSNRNatural Resources−5.6 GNRNatural Resources−5.6 COPXCopper Miners−5.7 BIZDBusiness Development−6.1 IYGFinancial Services−6.1 GLDGoldCommodity−6.2 FCGNatural Gas−6.2 FINXFinTech−6.9 CTECCleanTech−7.0 KCECapital Markets−7.1 SLXSteel−7.2 PSPPrivate Equity−7.7 AMLPMaster Limited Partnerships−7.8 WOODTimber & Forestry−8.0 PPLTPlatinumCommodity−8.2 SLVSilverCommodity−8.5 MOOAgribusiness−8.7 WEATWheatCommodity−8.9 CORNCornCommodity−9.2 COALCoal−9.4 BLOKBlockchain Technology−9.7 XMEMetals & Mining−9.7 GDXGold Miners−10.9 MJCannabis−11.3 XESOil & Gas Equipment & Services−11.5 SILSilver Miners−12.7 NLRNuclear Energy−13.5 DAPPCrypto Innovators−13.9 PALLPalladiumCommodity−14.8 URAUranium−15.4

Underperformers

58 groups

Trailing the S&P 500 on both windows — the market is voting elsewhere.

XLPConsumer Staples−0.2 MMTMMomentum−0.4 PPHPharmaceutical−0.6 IHFHealth Care Providers−0.9 IDGTDigital Infrastructure−0.9 BJKGaming−1.1 XHSHealth Care Services−1.1 SOCLSocial Media−1.4 KWEBChina Internet−1.4 FIWWater−2.0 PEJLeisure and Entertainment−2.0 NEARShort-Term BondsBond−2.0 RSHOManufacturing−2.1 BKLNSenior LoanBond−2.1 XLYConsumer Discretionary−2.5 XRTRetail−2.6 XLCCommunication Services−2.8 GRIDElectric Energy Infrastructure−3.0 XLUUtilities−3.1 HYGHigh Yield Corporate BondBond−3.3 TIPTIPSBond−3.3 PBJFood & Beverage−3.4 IGFInfrastructure−3.5 XLIIndustrials−3.7 EVXEnvironmental Services−3.7 CARZFuture Vehicles−3.7 MUBMuni BondBond−3.7 DTCRData Center & Digital Infrastructure−3.9 SMLVUS Small Cap Low Volatility−4.0 MUSQMusic−4.2 IYTTransportation−4.4 KIEInsurance−4.6 XLBMaterials−4.6 XLREReal Estate−4.7 CWBConvertible SecuritiesBond−4.9 INDSIndustrial & Office Real Estate−4.9 DFGRReal Estate−5.0 SPSMS&P 600 Small Cap−5.1 MLPXEnergy Infrastructure−5.1 XBIBiotechnology−5.1 TLT20+ Year Treasury BondBond−5.2 REZResidential Real Estate−5.4 JETSAirlines−6.1 LITLithium & Battery−6.4 ICLNClean Energy−6.5 QABACommunity Banks−6.5 ITBHomebuilders−7.4 KRERegional Banks−7.4 RNRGRenewable Energy Producers−7.5 FANWind Energy−7.7 ERTHSustainable Future−7.8 ITAAerospace & Defense−7.8 IAIBroker-Dealers−8.1 VXXVIX Short Term FuturesVolatility−9.6 TANSolar Energy−9.8 KBWBBanks−10.8 MORTMortgage REITs−16.3 BETZSports Betting−16.4

See all 115 groups on one map

Zensei Edge plots every group on this page against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.

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Data as of 12 October 2026. Not investment advice — see the disclaimer.