C+

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.

2026-06-12as of
SPYbenchmark
11sectors
1leading
3lagging

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).

Grid:

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 $153.81 92.4 +4.9% -9.2% -9.4% -0.10 Improving chart →
2 XLF Financials $53.34 85.1 +4.7% -2.6% -18.6% -0.13 Improving chart →
3 XLK Technology $184.80 124.0 +4.6% +23.0% +29.9% +1.32 Leading chart →
4 XLRE Real Estate $45.36 89.6 +2.7% -4.2% -13.0% -0.02 Improving chart →
5 XLI Industrials $176.18 99.2 +1.5% -5.0% -1.0% -0.44 Improving chart →
6 XLP Consumer Staples $85.82 86.8 +1.4% -10.5% -16.5% -0.36 Improving chart →
7 XLB Materials $52.18 96.9 +0.3% -5.8% -3.9% -0.44 Improving chart →
8 XLE Energy $57.56 110.4 -0.0% -11.9% +12.9% -0.81 Weakening chart →
9 XLU Utilities $44.53 90.7 -0.2% -16.8% -11.6% -0.96 Lagging chart →
10 XLY Consumer Discretionary $116.60 87.7 -1.7% -6.9% -15.3% -1.34 Lagging chart →
11 XLC Communication Services $111.65 86.7 -4.3% -14.4% -16.6% -1.56 Lagging chart →

Medium term · 63 trading days (~3 months)

Rank Ticker Sector Price RS 21d 63d 1y Z Quadrant Chart
1 XLK Technology $184.80 124.0 +4.6% +23.0% +29.9% +1.32 Leading chart →
2 XLF Financials $53.34 85.1 +4.7% -2.6% -18.6% -0.13 Improving chart →
3 XLRE Real Estate $45.36 89.6 +2.7% -4.2% -13.0% -0.02 Improving chart →
4 XLI Industrials $176.18 99.2 +1.5% -5.0% -1.0% -0.44 Improving chart →
5 XLB Materials $52.18 96.9 +0.3% -5.8% -3.9% -0.44 Improving chart →
6 XLY Consumer Discretionary $116.60 87.7 -1.7% -6.9% -15.3% -1.34 Lagging chart →
7 XLV Health Care $153.81 92.4 +4.9% -9.2% -9.4% -0.10 Improving chart →
8 XLP Consumer Staples $85.82 86.8 +1.4% -10.5% -16.5% -0.36 Improving chart →
9 XLE Energy $57.56 110.4 -0.0% -11.9% +12.9% -0.81 Weakening chart →
10 XLC Communication Services $111.65 86.7 -4.3% -14.4% -16.6% -1.56 Lagging chart →
11 XLU Utilities $44.53 90.7 -0.2% -16.8% -11.6% -0.96 Lagging chart →

Long term · 252 trading days (~1 year)

Rank Ticker Sector Price RS 21d 63d 1y Z Quadrant Chart
1 XLK Technology $184.80 124.0 +4.6% +23.0% +29.9% +1.32 Leading chart →
2 XLE Energy $57.56 110.4 -0.0% -11.9% +12.9% -0.81 Weakening chart →
3 XLI Industrials $176.18 99.2 +1.5% -5.0% -1.0% -0.44 Improving chart →
4 XLB Materials $52.18 96.9 +0.3% -5.8% -3.9% -0.44 Improving chart →
5 XLV Health Care $153.81 92.4 +4.9% -9.2% -9.4% -0.10 Improving chart →
6 XLU Utilities $44.53 90.7 -0.2% -16.8% -11.6% -0.96 Lagging chart →
7 XLRE Real Estate $45.36 89.6 +2.7% -4.2% -13.0% -0.02 Improving chart →
8 XLY Consumer Discretionary $116.60 87.7 -1.7% -6.9% -15.3% -1.34 Lagging chart →
9 XLP Consumer Staples $85.82 86.8 +1.4% -10.5% -16.5% -0.36 Improving chart →
10 XLC Communication Services $111.65 86.7 -4.3% -14.4% -16.6% -1.56 Lagging chart →
11 XLF Financials $53.34 85.1 +4.7% -2.6% -18.6% -0.13 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.

Leading 1

RS > 100 and 21d outperformance positive — strongest cohort

  • XLK Technology +23.0%
Improving 6

RS < 100 but 21d outperformance positive — momentum rebuilding

  • XLF Financials -2.6%
  • XLRE Real Estate -4.2%
  • XLI Industrials -5.0%
  • XLB Materials -5.8%
  • XLV Health Care -9.2%
  • XLP Consumer Staples -10.5%
Weakening 1

RS > 100 but 21d outperformance turning negative — rotation candidate

  • XLE Energy -11.9%
Lagging 3

RS < 100 and 21d outperformance negative — broadly out of favor

  • XLY Consumer Discretionary -6.9%
  • XLC Communication Services -14.4%
  • XLU Utilities -16.8%

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).