Sector ETF Tactical Ranks

We just published our latest The Sector Edge report for November 3, 2025. Below we look at trends for Tactical Ranks for the sector ETFs over the last 10 weeks.

A look at sector ETF Tactical Ranks over the last 10 weeks

• Growth sectors consistently in the top five

  • Technology has ranked 1st or 2nd - 1st over the last six weeks

  • Discretionary has ranked 2nd to 5th - improved to 2nd from 5th last week

  • Communication Services has ranked 1st to 4th - dropped to 4th from 3rd last week

• Positive defensive shift for Utilities and Healthcare

  • Utilities in the top five over the last five weeks - up from 8th in late August

  • Although Healthcare has improved from 10th in late September, it dropped out of the top five last week, replaced by Industrials

• Only Staples and Real Estate consistently in the bottom five

  • Staples has ranked 11th in nine out of the last 10 weeks

  • Real Estate has ranked from 7th to 10th over the last 10 weeks

• Growth > Defensive > Cyclical

  • Growth (XLK, XLC, and XLY) remains solidly in the lead and up ticked to an average rank of 2 vs. 3 in the week prior

  • Defensives (XLU, XLP, XLRE, and XLV) deteriorated slight to an average rank of 7 vs. 6 in the week prior.

  • Cyclicals (XLF, XLI, XLB, and XLE) held steady with an average rank of 8.

  • Table 2 below.

Table 1: Sector ETF Tactical Ranks over the last 10 weeks

Table 2: Tactical ranks over the late 10 weeks: Growth, Cyclical and Defensive