Sector Rotation (RRG)
11 SPDR sectors vs SPY — relative strength (x) and its momentum (y). Sectors rotate clockwise: Improving → Leading → Weakening → Lagging.
ⓘ New to this page? How it works
This is a Relative Rotation Graph (RRG) — a map of which S&P sectors are leading or lagging the market, and which way each is heading.
X-axis (RS-Ratio): the sector's price relative to SPY over the last ~60 trading days, scaled so 100 = moving with the market. Right of center = outperforming; left = lagging.
Y-axis (RS-Momentum): the 10-day rate of change of that relative strength. Above center = the outperformance is accelerating; below = fading.
Quadrants: Leading (strong & strengthening) → Weakening (strong but fading) → Lagging (weak & weakening) → Improving (weak but turning up). Sectors tend to rotate clockwise; the tail behind each dot is its last ~6 weeks of travel.
How to use it: favor Leading/Improving sectors, go light on Weakening/Lagging — context for positioning, not a standalone signal. Click a row to open that sector's constituents.
RS-Ratio = sector price relative to SPY over ~60 trading days (100 = in line with the market); RS-Momentum = the 10-day change in RS-Ratio. Tails trace the last ~6 weeks. A simplified Relative Rotation Graph — for context, not a signal.