Sector ranks

Below we provide a sneak peek of our S&P 500 GICs level 1 sector ranks.

• Top Five Tactical Ranks: Healthcare, Technology, Utilities, Communication Services, and Discretionary

  • Since the U.S. equity market has had plenty of sector rotation in recent weeks, only Technology and Utilities are consistent top five sector over the last 10 weeks

• Bottom Five Tactical Ranks: Staples, Real Estate, Materials, Financials, and Industrials.

  • The bottom five tactical ranks have been more consistent with Staples, Real Estate, Materials, and Financials within the bottom five over the last 10 weeks

Table 1: Historical S&P 500 GICs level 1 sector ranks history for last 10 weeks

Sector shifts

The table below shows the average for the last four weeks (11/7-11/28) and the prior four weeks (10/10-10/31)

• Healthcare and Energy are the most improved

• Communication Services and Discretionary have struggled

Table 2: Changes in ranks

See our full The Sector Edge report on Monday December 1, 2025 for more.