US Equity Sector Dashboards
Macro drivers, regime behavior, and live-linked watch signals for the 12 SPDR Select sector ETFs and regional banks. Each sector profile pairs the ETF with the macro indicators that actually move it, filtered through Convex regime classification.
By S&P 500 Weight
| Sector | ETF | Weight | Factor Profile |
|---|---|---|---|
| Technology | XLK | 30% | Growth, Rate-sensitive |
| Financials | XLF | 13% | Cyclical, Rate-sensitive, Credit-sensitive |
| Healthcare | XLV | 12% | Defensive, Growth |
| Consumer Discretionary | XLY | 10% | Cyclical, Growth |
| Communication Services | XLC | 9% | Growth, Rate-sensitive |
| Industrials | XLI | 8% | Cyclical, Value |
| Consumer Staples | XLP | 6% | Defensive, Value |
| Energy | XLE | 4% | Cyclical, Commodity-linked, Value |
| Utilities | XLU | 3% | Defensive, Rate-sensitive |
| Materials | XLB | 2% | Cyclical, Commodity-linked, Value |
| Real Estate | XLRE | 2% | Defensive, Rate-sensitive, Credit-sensitive |
| Regional Banks | KRE | n/a | Cyclical, Rate-sensitive, Credit-sensitive |
Cyclical6 sectors
Net interest margin plus credit cycle; steepens with the curve.
Crude-linked cash flows; inversely correlated with real yields.
Spend-gated cyclical; dominated by AMZN and TSLA weighting.
PMI-gated cyclical; transports and machinery concentrated.
Commodity-levered cyclical; China-growth sensitive.
Cleanest read on US credit stress and CRE exposure.
Defensive4 sectors
Growth2 sectors
Sector rotation, in your inbox
Which sectors the macro regime is quietly favoring, and which are on borrowed time.
Sector profiles combine ETF price data with live macro indicators from the Convex registry. Regime classification is computed daily and applied per-sector to surface which backdrop each sector tends to lead or lag.