Is this rally broad or narrow?
When a handful of giant companies drive the index, a rally rests on fewer legs and the typical stock can be falling while the headline number rises. Broad participation means the gains are shared, which is how durable advances usually look.
Updated Oct 9, 2026
Narrow
Only 27% of S&P 500 stocks beat the index over the past month, and the average stock trails it by 4.5 points over three months.
Over time
Select any measure or sector to chart it. Switch between its score and the value behind it.
Which sectors are taking part
Participation inside each sector, scored against that sector’s own last five years. Select a column to sort.
| Sector | Participation | Above 200-day | Beat S&P, 1M | Avg stock vs S&P, 1M | Past year, % above 200-day |
|---|---|---|---|---|---|
Health Care 59 stocks | 93Broad | 74% | 37% | +1.3 pts | |
Information Technology 72 stocks | 63Broad | 71% | 62% | +4.6 pts | |
Energy 21 stocks | 56Broad | 71% | 24% | −3.5 pts | |
Financials 76 stocks | 30Mixed | 49% | 9% | −7.0 pts | |
Consumer Staples 36 stocks | 29Mixed | 39% | 25% | −4.6 pts | |
Communication Services 23 stocks | 20Narrow | 31% | 12% | −9.5 pts | |
Consumer Discretionary 48 stocks | 20Mixed | 33% | 29% | −4.1 pts | |
Real Estate 31 stocks | 18Narrow | 21% | 7% | −6.2 pts | |
Industrials 80 stocks | 17Narrow | 41% | 28% | −3.5 pts | |
Materials 26 stocks | 13Narrow | 28% | 12% | −6.7 pts | |
Utilities 31 stocks | 4Narrow | 10% | 6% | −4.6 pts |
How to read this page
How it’s measured. Each measure covers the S&P 500 as it stood on each day, scored against its own last five years.
Sources. Daily prices from Financial Modeling Prep.
The large number is a score from 0 to 100: where today’s reading sits in that measure’s own five-year history, so 100 is the broadest it has been and 0 the narrowest. The line beneath it is the familiar value.
The overall score averages the four core measures. These describe participation today; none of them is validated as a forecast in our research.
This page is information, not investment advice. About our data and methods ›