Rotation Ratios: performance over 1 day to 1 year
ratio · Open on the interactive board
Rotation Ratios: 24 relative-strength ratios between two instruments tracked daily. Over the last three months the strongest is Bitcoin / Gold (+21.0%) and the weakest is Homebuilders / S&P (-18.6%). Data through 2026-09-21.
| Instrument | Level | 1 day | 1 week | 1 month | 3 months | 6 months | 1 year | As of |
|---|---|---|---|---|---|---|---|---|
| Copper / Gold | 0.00 | +4.07% | +6.96% | +9.35% | +4.46% | +27.8% | +22.0% | 2026-09-21 |
| Discretionary / Staples | 1.34 | 0.00% | +0.31% | -2.30% | -1.60% | +3.26% | -13.9% | 2026-09-18 |
| High Beta / Low Vol | 2.03 | 0.00% | +4.87% | +2.84% | +0.13% | +28.2% | +29.7% | 2026-09-18 |
| High Yield / Treasuries | 0.86 | 0.00% | +0.14% | +1.03% | +3.08% | +4.96% | +5.16% | 2026-09-18 |
| IG Credit / Treasuries | 1.15 | 0.00% | +0.53% | +1.11% | +0.01% | +1.72% | +0.36% | 2026-09-18 |
| Small / Large Cap | 0.37 | 0.00% | -1.42% | -4.79% | -7.82% | -2.73% | +2.21% | 2026-09-18 |
| Equal Wt / Cap Wt | 0.28 | 0.00% | -1.61% | -3.72% | -2.86% | -6.10% | -1.75% | 2026-09-18 |
| Value / Growth | 2.04 | 0.00% | -2.76% | -2.86% | +1.41% | +0.57% | +19.1% | 2026-09-18 |
| Nasdaq / S&P | 0.95 | 0.00% | +1.37% | +1.66% | -2.27% | +6.60% | +4.16% | 2026-09-18 |
| Semis / S&P | 0.75 | 0.00% | +5.44% | +2.79% | -10.9% | +27.1% | +48.1% | 2026-09-18 |
| EM / US | 0.09 | 0.00% | +1.22% | +0.39% | -4.05% | +1.35% | +10.1% | 2026-09-18 |
| Intl DM / US | 0.14 | 0.00% | -1.18% | -2.51% | -1.18% | -5.61% | +0.33% | 2026-09-18 |
| S&P / Gold | 1.90 | 0.00% | -1.73% | +4.98% | -5.25% | +24.5% | +1.49% | 2026-09-18 |
| Gold Miners / Gold | 0.24 | 0.00% | -0.68% | -2.01% | +16.8% | +15.0% | +10.3% | 2026-09-18 |
| Bonds / Equities | 0.11 | 0.00% | +0.04% | -0.07% | -9.45% | -19.4% | -17.6% | 2026-09-18 |
| Utilities / S&P | 0.05 | 0.00% | -2.07% | -3.40% | -13.1% | -24.7% | -16.8% | 2026-09-18 |
| Energy / S&P | 0.08 | 0.00% | -0.69% | +1.59% | +15.6% | -14.0% | +29.6% | 2026-09-18 |
| Regional Banks / S&P | 0.10 | 0.00% | -2.18% | -2.30% | -5.32% | -4.12% | +2.73% | 2026-09-18 |
| Homebuilders / S&P | 0.11 | 0.00% | -2.46% | -9.87% | -18.6% | -18.2% | -29.3% | 2026-09-18 |
| Transports / S&P | 0.11 | 0.00% | -2.99% | -7.28% | -9.41% | -7.89% | -1.75% | 2026-09-18 |
| Commodities / S&P | 0.04 | 0.00% | -1.02% | +5.90% | +19.8% | -6.04% | +32.8% | 2026-09-18 |
| Bitcoin / Gold | 201.66 | 0.00% | +1.35% | +8.99% | +21.0% | +26.1% | -40.7% | 2026-09-18 |
| VIX3M / VIX (Term) | 1.23 | 0.00% | +9.23% | +4.50% | +3.27% | +7.25% | +0.06% | 2026-09-18 |
| Momentum / S&P | 0.41 | 0.00% | +3.15% | +2.00% | -9.24% | +9.17% | +5.96% | 2026-09-18 |
Change is the move in the closing level over the horizon: percent for prices and indices, basis points for yields and spreads. Monthly and weekly series count their own prints, not business days, so a "1 month" change on a monthly series is one print. A dash means the series has too little history, or has stopped updating, for that horizon.
Other groups
US Equity · Broad · US Equity · Sectors · US Equity · Industries · US Equity · Factors & Style · Global Equity · Developed · Global Equity · Emerging · Global Equity · Cash Indices · Commodities · Energy · Commodities · Metals · Commodities · Critical & Battery Minerals · Commodities · Agriculture & Broad · FX · Majors · FX · Emerging & Crosses · Rates · US Treasury Curve · Rates · Duration Proxies · Credit · Volatility & Stress · Liquidity & Policy · Crypto & Digital Assets · Macro Prints