Where is money rotating?
Money rarely leaves the market all at once. It moves around inside it, and seeing which groups of stocks are gaining ground, and which are losing it, shows where investors are leaning right now.
Updated Oct 9, 2026
Normal rotation
Money is moving into Software / cloud and Semis & hardware, and out of Media & cable and Miners / metals.
Over time
Select any group to chart it. Score is its rank among the 24 groups; Value is its strength against the S&P 500.
All 24 groups
Surging and peaking groups have led over three months; surging and recovering groups led this month. Select a column to sort.
| Group | Rank, 1M | Phase | vs S&P, 1M | 3M | 1Y | Past year vs S&P | Members |
|---|---|---|---|---|---|---|---|
| Software / cloud HUBS · NOW · DT | 100 | Surging | +7.3 pts | +21.8 pts | +0.3 pts | 58 | |
| Semis & hardware LRCX · AMAT · KLAC | 96 | Surging | +6.1 pts | +2.9 pts | +58.5 pts | 67 | |
| Retail COLM · PVH · M | 91 | Recovering | +1.6 pts | −5.8 pts | −16.4 pts | 43 | |
Health care TECH · TMO · A | 87 | Peaking | −0.7 pts | +2.5 pts | +5.8 pts | 93 | |
Thematic ETFs ENPH · XP | 83 | Fading | −2.0 pts | −3.1 pts | −4.3 pts | 14 | |
| Electrification FIX · EME · CW | 78 | Fading | −2.2 pts | −13.3 pts | +3.6 pts | 27 | |
| Spec growth U · XYZ · AFRM | 74 | Fading | −2.5 pts | −4.5 pts | −33.1 pts | 70 | |
| IT services CTSH · ACN · G | 70 | Peaking | −2.6 pts | +3.8 pts | −22.9 pts | 32 | |
| Travel & leisure TNL · HLT · MAR | 57 | Fading | −4.4 pts | −12.3 pts | −8.9 pts | 43 | |
Int'l (ex-US) BIDU · JD · LI | 61 | Fading | −4.4 pts | −5.0 pts | −12.4 pts | 36 | |
| Data & analytics VRSK · SPGI · FDS | 65 | Fading | −4.4 pts | −3.0 pts | −25.1 pts | 26 | |
Bonds / fixed income | 52 | Fading | −4.4 pts | −7.7 pts | −22.7 pts | 16 | |
| Industrials / SMID TKR · AAON · AGCO | 43 | Fading | −4.5 pts | −9.1 pts | −4.4 pts | 147 | |
Aerospace-defense GD · RSG · NOC | 48 | Fading | −4.5 pts | −7.8 pts | −15.6 pts | 44 | |
| Staples / low-vol GIS · CAG · CHD | 39 | Fading | −5.2 pts | −7.7 pts | −15.7 pts | 57 | |
Energy OVV · EOG · FANG | 35 | Peaking | −5.2 pts | +4.3 pts | +24.9 pts | 45 | |
Utilities LNT · CMS · DTE | 30 | Fading | −5.3 pts | −13.5 pts | −19.4 pts | 39 | |
| Insurance L · HIG · CB | 26 | Fading | −5.7 pts | −10.5 pts | −22.1 pts | 31 | |
| Payments & fintech GPN · CPAY · MA | 22 | Fading | −7.2 pts | −5.0 pts | −31.4 pts | 10 | |
| Homebuilders PHM · TOL · FBIN | 17 | Fading | −7.6 pts | −17.6 pts | −39.8 pts | 27 | |
REITs / real estate NNN · FRT · O | 13 | Fading | −7.9 pts | −13.9 pts | −20.1 pts | 69 | |
| Banks CFG · RF · HBAN | 9 | Fading | −9.4 pts | −10.1 pts | −9.0 pts | 84 | |
| Miners / metals FCX · SCCO · AA | 4 | Fading | −9.5 pts | −0.9 pts | +4.4 pts | 40 | |
| Media & cable CMCSA · LBRDK · CHTR | 0 | Fading | −10.5 pts | −7.8 pts | −30.8 pts | 15 |
How to read this page
How it’s measured. Groups are built from how stocks actually trade together, not from sector labels. Each group is an equal-weight basket.
Sources. Daily prices from Financial Modeling Prep; co-movement groups from Stox.
The large number on each group is its rank this month among all 24 groups, from 0 to 100. The line beneath it is how far it beat or trailed the S&P 500.
Rotation pace measures how far apart the groups’ one-month returns are, scored against the last five years. It describes how much movement there is, not which way it will go next.
This page is information, not investment advice. About our data and methods ›