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Systematic market research, built from the data up.

Performance, trend, breadth and leadership across global markets — measured the same way every session. Market data updated daily. Research published weekly.

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Market snapshot

Data through Aug 28, 2026
Market1DWTDMTDYTD1YTrend
U.S. equities
US Large CapIVV-0.2%+0.5%+3.0%+13.5%+21.0%Strong· 3 / 3
US Large Cap Equal WeightRSP-0.3%-0.4%+2.6%+16.1%+20.7%Strong· 3 / 3
US Small CapIJR-0.8%-1.2%+0.1%+21.7%+28.9%Positive· 2 / 3
International
Developed ex-USEFA-0.3%-0.5%+2.0%+13.9%+20.8%Strong· 3 / 3
Emerging MarketsEEM-0.7%+0.0%+4.8%+23.4%+37.1%Strong· 3 / 3
Fixed income
US AggregateAGG-0.3%+0.1%+0.5%-0.1%+2.5%Negative· 0 / 3
Long TreasuryTLT-0.3%+1.0%+1.2%-2.4%+0.3%Negative· 0 / 3
High YieldHYG-0.2%+0.2%+0.8%+2.4%+5.1%Strong· 3 / 3
Cash / T-BillsBIL+0.0%+0.1%+0.3%+2.4%+3.9%Strong· 3 / 3
Real assets
GoldGLD-3.2%-3.4%+10.1%+3.2%+33.0%Positive· 2 / 3
Broad CommoditiesDBC-0.2%-1.5%+4.6%+37.7%+46.2%Strong· 3 / 3
REITsVNQ-0.4%-1.3%-1.7%+12.0%+12.6%Positive· 2 / 3

Each exposure is represented by one investable ETF, named beside it. Total return from adjusted closes. Trend counts how many of three moving averages price is above. A dash means the measure is not available for that exposure at this session — never a zero.

Under the surface

Data through Aug 28, 2026

The S&P 500 is weighted by market capitalization, so a few large constituents can carry the index while most members move the other way. These measures show how much of the S&P 500 is participating.

Above the 200-day average67%
Above the 50-day average45%
Above all three moving averages36%
Within 2% of a 52-week high13%

Measured across 497 of 503 asserted constituents (98.8% coverage). Percentages are of constituents with a usable observation at this session, never of the full index where data is missing.

Leadership

Best and weakest of the twelve exposures above, read at three lengths. Where a column's leader is not its neighbour's, leadership is rotating.

Ranked across the twelve exposures in the snapshot only — a stated cross-asset frame, not a search of every fund. The full ordered list, and the rest of the taxonomy, is on the Market Map.

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Market Map

Every exposure in the taxonomy — asset classes, sectors, countries, styles and factors — on the same performance and trend measures as the snapshot above.

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Screener

Every S&P 500 constituent and ETF, measured the same way. Filter and sort on performance, trend and risk, then compare any ticker against its benchmark.

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Research

Longer-form analysis of performance regimes and market cycles, written for investors and advisors focused on allocation decisions.

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