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Sector rotation

Where the money is going.

Leadership trends, sector and industry stage mix, the full heatmap, and the multi-year history — one place to decide which pockets deserve your attention.

Industry rotation tracker

Leadership concentrates in a few industries before it shows at the sector level — narrow broad themes into the groups doing the work.

Best rotation
Heavy Machinery
Industrials · 23.6% 1M
Highest Stage 2 mix
Three Wheelers
100.0% in Stage 2
Weakest group
Building Products - Glass
-12.1% 1M · 0.0% Stage 2
Tracked industries
120
Top rows shown in the table below
How to use it

When a sector looks strong, check whether the lift is broad or being carried by just one or two industries. Prioritise setups inside the industries with rising returns, healthy Stage 2 participation, and the strongest leader list. Click any column header to sort.

IndustrySectorΔ Rank20d Δ S2% Stage 21M3M6MYTD% Accel S2MembersLeadersLaggards
Mining - CopperMaterials↑↑+112+100.0pp100.0%6.9%-3.8%-6.8%29.0%100%1
AnimationConsumer Discretionary-1+100.0pp100.0%0.1%25.7%7.2%30.2%0%1
TheatresCommunication Services-2+100.0pp100.0%6.8%22.4%17.0%15.4%0%1
Stock Exchanges & RatingsFinancials↑↑+61+57.1pp71.4%5.1%2.4%22.6%26.6%40%7
SugarConsumer Staples↑↑+5+53.6pp71.4%18.4%17.0%25.7%17.9%75%28
Water ManagementUtilities+1+50.0pp100.0%-3.1%22.4%42.4%32.7%0%4
Retail - SpecialityConsumer Discretionary↑↑+15+50.0pp83.3%16.8%26.0%35.4%40.2%20%6
Oil & Gas - Equipment & ServicesEnergy↑↑+12+37.5pp75.0%18.3%19.5%50.3%43.2%67%8
RadioCommunication Services-3+33.3pp33.3%-3.8%-0.8%-1.0%-8.4%0%3
Online ServicesCommunication Services↑↑+16+31.6pp36.8%9.0%24.4%20.8%2.1%29%19
Trucks & BusesIndustrials-2+25.0pp50.0%4.4%18.5%-3.5%7.7%0%4
Power Trading & ConsultancyUtilities+1+25.0pp25.0%4.0%7.5%19.8%24.8%100%4
Wood ProductsMaterials+23.8pp57.1%-4.9%1.0%3.1%-7.2%25%7
BatteriesIndustrials-4+20.0pp60.0%-3.7%0.5%15.0%3.1%0%5
Building Products - Prefab StructuresIndustrials-1+20.0pp40.0%-9.7%4.0%0.5%-26.0%0%5
Tour & Travel ServicesConsumer Discretionary-1+20.0pp40.0%6.2%28.8%19.9%-3.1%0%5
Alcoholic BeveragesConsumer Staples-3+16.7pp25.0%0.0%17.0%18.1%9.6%33%12
Cable & D2HCommunication Services-2+16.7pp16.7%-0.5%-1.4%-3.6%-20.6%100%6
Plastic ProductsMaterials-3+15.8pp42.1%0.5%5.0%-3.0%6.4%13%19
PackagingMaterials-3+15.5pp58.3%14.3%32.7%37.1%33.3%29%24
Packaged Foods & MeatsConsumer Staples↑↑+16+14.3pp46.4%3.6%-4.6%-3.5%-4.4%38%28
Oil & Gas - Storage & TransportationEnergy+14.3pp28.6%-0.1%30.4%4.4%14.9%0%7
RailIndustrials↓↓-35+13.3pp33.3%4.9%8.1%12.7%4.6%50%6
Diversified ChemicalsMaterials+1+12.5pp37.5%-0.6%5.8%5.4%1.6%0%16
Retail - Department StoresConsumer Discretionary+12.5pp25.0%-0.4%-3.1%2.7%1.8%0%8
Precious Metals, Jewellery & WatchesConsumer Discretionary↑↑+9+12.2pp52.9%4.6%30.0%25.7%30.8%11%35
InsuranceFinancials↑↑+17+11.9pp33.3%-1.5%4.1%-24.2%-23.3%0%15
Heavy MachineryIndustrials↑↑+37+11.9pp28.6%23.6%44.0%57.0%84.1%0%7
Home Electronics & AppliancesConsumer Discretionary↑↑+14+11.4pp36.4%4.0%10.2%9.3%5.2%25%22
Paper ProductsMaterials-1+11.3pp20.0%1.2%7.5%14.1%8.7%0%25
Building Products - CeramicsIndustrials+2+10.0pp50.0%1.5%7.7%26.4%17.7%40%10
Outsourced servicesInformation Technology-4+10.0pp20.0%-2.2%7.7%9.7%-20.4%0%10
Packaged FoodsConsumer Staples↑↑+13+10.0pp10.0%-0.1%-5.1%-15.1%-18.0%100%10
Theme Parks & GamingConsumer Discretionary+8.3pp33.3%10.5%27.8%29.2%35.9%0%6
Fertilizers & Agro ChemicalsMaterials↑↑+11+8.0pp20.4%-3.6%-4.2%-3.3%-14.9%22%44
Hotels, Resorts & Cruise LinesConsumer Discretionary+4+7.8pp18.2%0.5%9.5%3.0%-4.8%0%33
Tea & CoffeeConsumer Staples+1+7.7pp38.5%-3.4%-7.4%-9.5%-9.5%20%13
Commodity ChemicalsMaterials+1+6.1pp50.0%4.6%8.7%36.9%37.3%18%66
Specialized FinanceFinancials+2+5.3pp42.1%-7.8%-6.0%-9.0%-8.8%13%19
CementMaterials↑↑+8+4.6pp22.2%-1.7%1.3%-5.6%-2.1%0%36
FMCG - FoodsConsumer Staples+2+4.3pp34.8%1.9%6.5%7.4%5.9%13%23
Gas DistributionUtilities+1+4.2pp37.5%-6.2%-3.5%3.5%0.1%33%8
Apparel & AccessoriesConsumer Discretionary↓↓-6+3.8pp27.5%-1.6%4.4%14.5%9.5%0%40
Asset ManagementFinancials+1+3.7pp34.5%0.5%0.7%0.3%5.7%0%29
IT Services & ConsultingInformation Technology+1+2.9pp23.2%1.1%-1.2%-0.2%-21.8%26%82
Health Care Equipment & SuppliesHealth Care-1+2.5pp40.0%-3.2%14.4%25.1%0.0%0%10
Agro ProductsConsumer Staples+4+2.1pp17.9%2.1%-5.1%-1.8%-3.3%40%28
Consumer FinanceFinancials+3+1.6pp47.7%-2.4%15.5%3.1%2.8%0%44
Real EstateReal Estate↑↑+9+0.5pp26.5%1.0%14.8%11.8%1.3%15%104
PharmaceuticalsHealth Care-3+0.3pp51.7%2.9%14.1%27.8%26.3%13%120
Three WheelersConsumer Discretionary-20.0pp100.0%-5.6%2.2%2.8%10.8%0%1
Metals - LeadMaterials+40.0pp100.0%11.4%10.8%14.0%-2.4%0%1
PaintsMaterials-20.0pp60.0%-3.3%-0.7%9.0%-6.4%0%5
Restaurants & CafesConsumer Discretionary0.0pp55.6%18.7%24.8%14.8%10.7%40%9
Communication & NetworkingInformation Technology↑↑+200.0pp55.6%-4.2%11.3%41.6%32.1%20%9
CablesIndustrials↓↓-110.0pp54.5%11.5%18.0%42.8%42.9%50%11
Wellness ServicesConsumer Discretionary+40.0pp50.0%4.9%29.8%33.6%35.8%0%2
AirlinesIndustrials-10.0pp50.0%1.2%17.2%7.9%1.5%0%2
Building Products - LaminatesIndustrials+10.0pp50.0%-5.0%6.3%4.3%-5.1%0%4
Two WheelersConsumer Discretionary+30.0pp42.9%6.2%25.0%28.8%32.5%0%7
Tires & RubberConsumer Discretionary↓↓-120.0pp38.5%-1.0%7.9%-6.7%-8.8%20%13
PortsIndustrials0.0pp33.3%-3.2%-5.7%29.1%18.6%0%3
Labs & Life Sciences ServicesHealth Care+10.0pp33.3%16.6%40.8%47.1%39.8%0%6
ShipbuildingIndustrials-20.0pp33.3%3.8%4.9%12.1%54.2%0%6
Employment ServicesIndustrials+30.0pp33.3%10.8%52.1%68.2%56.9%0%3
Building Products - PipesIndustrials↓↓-150.0pp30.4%14.5%14.0%12.1%23.1%43%23
Power InfrastructureUtilities+10.0pp28.6%-10.6%-6.0%10.1%7.2%100%7
HousewaresConsumer Discretionary-10.0pp25.0%-5.7%2.9%2.3%-11.5%0%4
Oil & Gas - Refining & MarketingEnergy-30.0pp25.0%-2.0%-1.3%-11.4%-16.5%0%8
PublishingCommunication Services0.0pp25.0%-1.2%12.6%20.6%3.4%0%12
Commodities TradingIndustrials↓↓-190.0pp21.4%-4.5%-2.7%21.6%22.1%0%14
Payment InfrastructureFinancials-40.0pp20.0%-1.5%9.4%-10.2%-19.6%0%5
Public BanksFinancials↓↓-210.0pp16.7%2.9%7.5%-12.9%5.7%0%12
Renewable Energy Equipment & ServicesIndustrials↓↓-150.0pp14.3%1.6%-4.0%16.9%11.9%0%14
RoadsIndustrials+10.0pp14.3%-0.9%-4.4%-6.4%-13.6%0%7
Building Products - GlassIndustrials0.0pp0.0%-12.1%-32.4%-10.7%-32.2%2
Metals - CokeMaterials0.0pp0.0%-2.9%-5.3%-1.4%-6.0%1
TractorsIndustrials0.0pp0.0%-2.7%6.0%-15.1%-18.3%3
Agricultural & Farm MachineryIndustrials↑↑+50.0pp0.0%-1.0%4.2%-12.4%-21.6%6
FMCG - Household ProductsConsumer Staples0.0pp0.0%-6.1%-5.9%-16.6%-15.4%6
Renewable EnergyUtilities+1-1.0pp9.5%-5.7%-7.6%4.9%-0.1%0%21
Business Support ServicesIndustrials↑↑+8-1.9pp45.5%7.7%15.2%21.2%7.9%20%22
Diversified FinancialsFinancials+1-2.1pp33.3%4.8%14.0%20.8%9.0%18%33
Home FurnishingConsumer Discretionary+1-2.7pp27.3%-3.4%9.8%5.7%4.9%0%11
Education ServicesConsumer Discretionary↑↑+14-3.3pp34.8%-5.6%8.9%15.4%-10.1%13%23
Metals - DiversifiedMaterials↑↑+17-3.6pp25.0%0.3%-16.6%-36.1%-31.5%25%16
Electronic EquipmentsInformation Technology-3.8pp55.0%5.9%6.4%23.7%29.4%27%20
Construction & EngineeringIndustrials↓↓-6-3.9pp25.0%0.4%-0.0%-0.2%-0.8%14%88
Specialty ChemicalsMaterials+4-3.9pp46.1%8.5%22.5%34.3%26.7%12%89
Electrical Components & EquipmentsIndustrials↑↑+6-4.3pp41.9%8.4%14.6%34.6%42.3%33%43
LogisticsIndustrials+1-4.5pp37.0%-4.0%11.4%15.9%11.0%0%46
Building Products - OthersIndustrials-1-4.8pp28.6%11.5%29.3%63.4%110.9%0%7
TextilesConsumer Discretionary↓↓-15-5.7pp32.8%5.8%13.2%23.5%18.2%14%129
Oil & Gas - Exploration & ProductionEnergy-6.7pp33.3%-2.2%-9.6%-11.3%5.7%50%6
Industrial MachineryIndustrials-7.2pp41.6%3.3%8.1%25.3%30.9%31%101
Investment Banking & BrokerageFinancials↑↑+9-7.7pp21.9%-1.6%4.1%5.3%-5.5%7%64
FootwearConsumer Discretionary-1-8.3pp25.0%-8.8%-3.3%-9.0%-19.3%0%12
Metals - AluminiumMaterials-3-8.6pp20.0%2.5%-11.4%10.4%21.2%100%10
FMCG - Personal ProductsConsumer Staples-1-9.1pp27.3%-6.1%5.1%7.9%10.3%0%11
Iron & SteelMaterials↓↓-15-9.8pp32.5%3.0%1.3%17.5%26.7%27%80
Retail - ApparelConsumer Discretionary-3-10.0pp20.0%-4.9%-27.1%-22.7%-28.8%0%10
Private BanksFinancials-4-11.1pp63.0%0.7%7.9%-4.5%-3.5%0%27
Heavy Electrical EquipmentsIndustrials↓↓-27-11.1pp27.8%3.5%-0.1%34.3%48.9%20%18
AdvertisingCommunication Services↓↓-6-11.1pp0.0%-0.2%3.8%-9.4%-10.2%10
Telecom EquipmentsCommunication Services↓↓-16-11.1pp44.4%20.7%17.0%206.3%284.8%75%9
Movies & TV SerialsCommunication Services-4-11.9pp16.7%-4.4%-0.5%18.8%14.8%0%18
Auto PartsConsumer Discretionary↓↓-7-12.5pp53.3%9.3%16.3%22.2%25.5%8%90
Home FinancingFinancials-12.7pp27.3%3.0%6.0%14.9%15.2%0%11
Environmental ServicesIndustrials-3-13.3pp20.0%-10.0%-3.8%-14.4%-23.6%0%5
Software ServicesInformation Technology↓↓-5-13.3pp20.0%5.5%3.7%33.5%6.1%11%45
TV Channels & BroadcastersCommunication Services-14.3pp0.0%-10.7%-6.8%-11.6%-11.4%7
ConglomeratesIndustrials+2-14.4pp5.6%1.6%0.2%-1.8%-10.0%0%18
AirportsIndustrials-1-16.7pp33.3%-6.6%-12.3%-11.6%-14.7%0%3
Power Transmission & DistributionUtilities-16.7pp0.0%-8.8%-10.4%-13.3%-3.4%6
Hospitals & Diagnostic CentresHealth Care↓↓-7-17.3pp41.9%-1.7%7.0%12.8%16.5%0%31
Power GenerationUtilities+2-18.9pp8.3%-5.3%-13.3%-5.4%5.7%100%12
Technology HardwareInformation Technology↓↓-21-20.0pp40.0%6.8%45.6%57.3%40.4%0%10
BiotechnologyHealth Care+2-27.0pp44.4%2.8%7.9%22.7%21.5%0%9
Aerospace & Defense EquipmentsIndustrials↓↓-28-28.3pp41.7%4.6%16.4%36.7%16.1%20%12
DredgingIndustrials-100.0pp0.0%-3.3%-9.9%19.9%11.2%1