Trends and horizons: Thursday, November 5, 2026
Every asset's change over 1 day to 1 year and its distance from the 5-year high, and each relative pair's monthly gap. The main table on the 2026-11-05 market moves page shows each asset's change during each calendar month; every asset's trailing 90-day change is on all assets, raw 90-day values.
Horizon table
Horizon
| Asset | Last | |||||||
|---|---|---|---|---|---|---|---|---|
| Us Equity | ||||||||
| S&P 500 (SPY) | 734.06 | −4.27% | −4.6% | −5.3% | −4.4% | +1.9% | +9.5% | −5.8% |
| Nasdaq 100 (QQQ) | 648.58 | −6.27% | −9.3% | −14.2% | −9.5% | −4.6% | +4.5% | −14.6% |
| Dividend (SCHD) | 35.45 | −2.09% | −0.4% | +8.4% | +6.2% | +13.7% | +38.1% | −2.1% |
| Dow (DIA ETF) | 514.89 | −3.42% | −1.5% | +0.6% | −4.8% | +5.2% | +10.4% | −4.8% |
| Russell 2000 (IWM ETF) | 271.32 | −4.47% | −4.5% | −4.3% | −9.3% | −3.5% | +12.0% | −10.8% |
| Sectors | ||||||||
| Tech (XLK) | 162.45 | −7.96% | −13.9% | −19.2% | −12.5% | −1.7% | +10.7% | −19.6% |
| Health care (XLV) | 185.16 | −2.37% | +0.6% | +10.6% | +13.2% | +28.5% | +29.2% | −2.4% |
| Financials (XLF) | 57.58 | −2.74% | +1.1% | +6.9% | −0.4% | +12.4% | +11.2% | −2.7% |
| Energy (XLE) | 61.81 | −2.68% | −10.0% | −2.6% | +8.5% | +5.4% | +45.4% | −11.7% |
| Staples (XLP) | 91.42 | −0.57% | +3.7% | +12.8% | +7.8% | +10.2% | +23.7% | −0.6% |
| Discretionary (XLY) | 117.81 | −3.70% | +1.4% | +6.7% | −0.5% | +0.2% | −1.5% | −4.8% |
| Utilities (XLU) | 43.37 | −0.56% | +0.5% | +8.5% | +0.1% | −5.2% | +0.4% | −7.3% |
| Materials (XLB) | 52.40 | −2.78% | −0.2% | +5.9% | 0.0% | +2.5% | +25.2% | −2.8% |
| Real estate (XLRE) | 44.32 | −1.78% | +2.9% | +9.0% | −1.1% | +2.0% | +12.1% | −2.9% |
| Communication (XLC) | 104.58 | −0.36% | +3.3% | −6.3% | −5.4% | −9.0% | −6.7% | −12.1% |
| Industrials (XLI) | 162.43 | −4.15% | −4.5% | −4.5% | −12.6% | −5.3% | +7.2% | −12.7% |
| Themes | ||||||||
| Semiconductors (SMH) | 446.29 | −11.50% | −20.5% | −29.6% | −21.7% | −14.6% | +24.5% | −33.3% |
| Software (IGV) | 99.04 | −4.36% | −8.3% | −9.7% | −2.2% | +12.2% | −11.4% | −15.9% |
| AI leaders basket (6 stocks, equal weight) | 7,442.19 | −5.01% | −4.3% | −12.5% | −10.1% | −6.1% | +0.9% | −13.5% |
| Equal-weight S&P 500 (RSP) | 217.13 | −2.78% | −1.3% | +2.8% | −0.8% | +7.6% | +17.8% | −2.8% |
| Value (IWD) | 258.67 | −2.50% | −0.8% | +3.3% | +1.4% | +12.2% | +28.6% | −2.5% |
| Growth (IWF) | 110.47 | −6.30% | −8.8% | −13.9% | −10.8% | −8.1% | −7.6% | −14.5% |
| Foreign | ||||||||
| Developed ex-US (EFA) | 102.72 | −2.84% | −1.6% | −1.3% | −4.4% | +2.2% | +12.8% | −5.6% |
| Developed (VEA) | 68.24 | −3.64% | −3.2% | −4.1% | −5.4% | −0.3% | +15.4% | −7.3% |
| Emerging (EEM) | 58.11 | −5.70% | −7.3% | −15.5% | −11.6% | −10.7% | +7.5% | −18.4% |
| Emerging (VWO) | 54.24 | −3.62% | −4.2% | −10.5% | −9.4% | −8.3% | +1.2% | −11.5% |
| Japan (EWJ) | 88.38 | −5.84% | −6.9% | −11.0% | −7.1% | −0.5% | +11.4% | −11.0% |
| China large-cap (FXI) | 34.95 | +1.03% | +6.9% | +3.2% | −3.1% | −3.5% | −10.5% | −14.7% |
| Germany (EWG) | 42.76 | −1.71% | +0.8% | +3.6% | −2.0% | +2.9% | +7.1% | −4.1% |
| Crypto | ||||||||
| Bitcoin (USD)as of 2026-11-04 | 80,428 | +4.00% | −1.0% | −7.0% | +25.6% | +0.7% | −20.7% | −35.5% |
| Ethereum (USD)as of 2026-11-04 | 2,422.27 | +6.63% | +2.8% | −11.2% | +29.6% | +3.2% | −26.3% | −49.9% |
| Commodity | ||||||||
| Gold (GLD ETF) | 375.48 | +0.80% | +1.9% | −1.1% | −3.6% | −10.2% | +2.4% | −24.3% |
| Silver (SLV ETF) | 46.92 | −0.51% | −0.8% | −14.9% | −16.3% | −28.8% | +7.5% | −55.6% |
| WTI crude (spot)as of 2026-11-03 | 99.64 | −0.42% | −3.6% | +1.8% | +21.6% | −5.4% | +61.3% | −19.4% |
| Brent crude (spot)as of 2026-11-03 | 107.03 | −0.34% | −13.1% | −21.0% | +20.4% | −9.5% | +62.7% | −22.6% |
| Copper (CPER ETF) | 37.36 | −3.19% | −6.0% | −6.3% | −8.6% | +2.8% | +21.0% | −9.8% |
| Rates | ||||||||
| US 3M bill | 4.17% | −4 bp | −1 bp | −5 bp | +28 bp | +48 bp | +21 bp | – |
| US 2Y | 4.46% | −12 bp | −15 bp | −38 bp | +28 bp | +53 bp | +83 bp | – |
| US 10Y | 4.84% | −6 bp | −14 bp | −47 bp | +21 bp | +41 bp | +67 bp | – |
| US 20Y | 5.27% | −3 bp | −8 bp | −43 bp | +9 bp | +29 bp | +55 bp | – |
| US 30Y | 5.25% | −3 bp | −7 bp | −41 bp | +8 bp | +27 bp | +51 bp | – |
| 2s10s spread | +38 bp | +6 bp | +1 bp | −9 bp | −7 bp | −12 bp | −16 bp | – |
| 30Y mortgage (weekly) | 7.18% | n/a | −6 bp | −10 bp | +52 bp | +88 bp | +101 bp | – |
| Credit | ||||||||
| IG corporate (LQD) | 104.66 | +0.15% | +0.8% | +3.2% | −0.7% | −1.3% | −0.6% | −4.8% |
| High yield (HYG) | 77.34 | −0.23% | +0.2% | +1.0% | −1.3% | −0.3% | +2.2% | −1.8% |
| EM dollar debt (EMB) | 92.00 | −0.47% | +0.2% | +2.3% | −2.0% | −1.1% | +1.3% | −2.8% |
| Alts | ||||||||
| Managed futures (CTA) | 26.73 | 0.00% | −10.8% | −6.9% | +6.2% | −14.7% | +3.6% | n/a |
| FX / Vol | ||||||||
| Dollar (UUP ETF) | 28.93 | +0.12% | −0.4% | −0.2% | +3.0% | +5.2% | +5.6% | −0.7% |
| USD/JPY | 157.66 | −0.48% | 0.0% | −0.2% | −0.1% | −0.1% | +2.3% | −3.8% |
| USD/MXNas of 2026-11-04 | 18.6089 | −1.13% | −0.1% | +2.6% | +7.9% | +6.3% | −0.3% | −15.0% |
| VIX (Cboe)as of 2026-11-04 | 16.61 | −20.26% | −1.8% | +8.5% | +0.7% | −9.2% | −12.6% | −68.3% |
| Stress | ||||||||
| TIPS (TIP) | 106.27 | +0.16% | 0.0% | +2.4% | −0.5% | −1.4% | +0.1% | −1.7% |
| Long zero-coupon (ZROZ) | 58.95 | +0.17% | +1.1% | +11.4% | +0.5% | −3.3% | −8.1% | −56.3% |
| T-bill ETF (SGOV)new 5y high | 100.45 | 0.00% | +0.1% | +0.3% | +0.9% | +1.9% | +3.7% | 0.0% |
| Commodities (DBC) | 31.45 | +0.53% | −6.7% | −2.9% | +10.4% | +0.8% | +42.4% | −7.8% |
| KRE/SPY ratio | 0.0985 | +1.84% | +4.0% | +8.4% | −1.7% | +2.6% | +11.6% | −39.1% |
| SOFR (NY Fed)as of 2026-11-04 | 3.94% | −3 bp | 0 bp | +6 bp | +28 bp | +31 bp | −6 bp | – |
Relative pairs: monthly gap
| Pair | Nov MTD | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan | Dec | Nov 25 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AI leaders basket vs S&P 500 (SPY) | +1.1 | −7.9 | +4.1 | −1.2 | +7.0 | −9.6 | −0.4 | +10.7 | −0.1 | −7.1 | −0.1 | −2.0 | −0.2 |
| Semiconductors (SMH) vs S&P 500 (SPY) | −11.7 | −13.3 | +9.7 | +0.3 | −17.6 | +10.5 | +12.9 | +21.7 | −0.7 | +1.6 | +10.6 | +2.5 | −3.2 |
| Tech (XLK) vs defensives (XLP, XLV, XLU) | −10.3 | −18.6 | +8.8 | +6.3 | −8.8 | −3.6 | +21.2 | +18.5 | +2.5 | −10.8 | −3.0 | +3.4 | −9.8 |
| Cyclicals (XLY, XLF, XLI, XLB) vs defensives (XLP, XLV, XLU) | −0.7 | −5.2 | −2.5 | +0.9 | −0.5 | −1.3 | +1.4 | +4.8 | +0.4 | −5.2 | +0.7 | +4.5 | −4.1 |
| Equal-weight (RSP) vs cap-weight S&P 500 (SPY) | +2.3 | +5.9 | −4.5 | −0.6 | +1.0 | +3.3 | −2.6 | −4.5 | −1.0 | +4.3 | +1.9 | +0.3 | +1.7 |
| Small caps (IWM) vs S&P 500 (SPY) | 0.0 | +1.4 | −4.9 | −1.7 | −3.1 | +4.7 | −0.8 | +1.6 | 0.0 | +1.5 | +4.0 | −0.8 | +0.8 |
| Value (IWD) vs growth (IWF) | +6.1 | +10.4 | −5.3 | −1.7 | +8.6 | +5.0 | −4.3 | −3.7 | +0.3 | +6.0 | +6.1 | +1.2 | +4.5 |
| S&P 500 (SPY) vs developed ex-US (EFA) | −2.2 | −0.4 | +3.0 | +0.9 | −1.6 | −1.7 | +2.8 | +5.2 | +2.9 | −5.5 | −3.4 | −2.6 | −0.5 |
| Emerging (EEM) vs S&P 500 (SPY) | −1.9 | −7.7 | 0.0 | +1.9 | −6.3 | +1.3 | +1.9 | +2.2 | −4.3 | +6.8 | +6.6 | +2.1 | −2.0 |
| High yield (HYG) vs IG corporate (LQD) | −0.4 | −1.8 | +0.7 | +0.5 | +2.1 | 0.0 | −0.4 | +1.2 | +1.1 | −1.4 | +0.3 | +1.2 | −0.2 |
| Regional banks (KRE) vs S&P 500 (SPY) | +3.2 | +4.6 | −4.7 | −6.0 | +1.6 | +9.2 | −5.6 | −3.3 | +3.1 | −2.1 | +4.7 | +3.5 | +4.8 |
| Copper (CPER) vs gold (GLD) | −9.7 | +4.6 | +6.2 | −8.8 | +4.0 | +8.8 | +7.9 | +7.6 | +4.4 | −7.5 | −8.1 | +6.1 | −3.0 |
| Energy stocks (XLE) vs WTI crude | −4.4 | +3.2 | −14.9 | +6.4 | −10.0 | +17.6 | +10.5 | −8.2 | −43.4 | +5.7 | +1.5 | +1.9 | +7.8 |
| Discretionary (XLY) vs staples (XLP) | −0.1 | −4.9 | −1.9 | +0.5 | −3.4 | −3.7 | +3.8 | +5.8 | +1.9 | −11.3 | −6.0 | +2.5 | −5.5 |
| Dividend (SCHD) vs Nasdaq 100 (QQQ) | +5.2 | +16.7 | −9.3 | +0.1 | +12.1 | −1.5 | −9.2 | −11.2 | +2.2 | +8.9 | +7.5 | +1.1 | +4.7 |
| Nasdaq 100 (QQQ) vs S&P 500 (SPY) | −3.2 | −5.8 | +3.6 | +1.5 | −6.6 | +0.9 | +5.3 | +5.2 | +0.1 | −1.5 | −0.2 | −0.7 | −1.8 |
| Dow (DIA) vs Nasdaq 100 (QQQ) | +5.6 | +8.4 | −7.4 | −2.7 | +7.0 | +2.7 | −7.7 | −8.4 | −0.4 | +2.6 | +0.6 | +1.6 | +2.0 |
| Russell 2000 (IWM) vs Nasdaq 100 (QQQ) | +3.2 | +7.2 | −8.5 | −3.2 | +3.5 | +3.8 | −6.1 | −3.6 | −0.1 | +3.0 | +4.2 | 0.0 | +2.6 |
| Gold (GLD) vs S&P 500 (SPY) | +8.4 | −5.7 | −6.4 | +7.2 | +0.8 | −10.7 | −6.8 | −12.0 | −6.1 | +9.6 | +10.8 | +2.1 | +5.2 |
| Bitcoin vs S&P 500 (SPY) | +6.7 | −6.4 | +6.7 | +22.4 | +7.3 | −19.4 | −8.8 | +1.3 | +6.8 | −14.0 | −11.6 | −3.3 | −17.7 |
| Bitcoin vs gold (GLD) | −1.7 | −0.8 | +13.1 | +15.1 | +6.5 | −8.8 | −2.0 | +13.4 | +12.9 | −23.6 | −22.4 | −5.4 | −22.9 |
| Ethereum vs bitcoin | +3.6 | −8.7 | +2.4 | +7.6 | +11.2 | −1.2 | −7.6 | −4.6 | +5.2 | −4.9 | −7.3 | +2.3 | −4.7 |
| Silver (SLV) vs gold (GLD) | −0.3 | −11.6 | −2.6 | +4.9 | −2.9 | −10.1 | +4.0 | −0.6 | −8.8 | +3.9 | +4.8 | +23.6 | +11.0 |
| High yield (HYG) vs IG corporate (LQD) | −0.4 | −1.8 | +0.7 | +0.5 | +2.1 | 0.0 | −0.4 | +1.2 | +1.1 | −1.4 | +0.3 | +1.2 | −0.2 |
| Emerging (EEM) vs developed ex-US (EFA) | −4.2 | −8.1 | +3.0 | +2.8 | −8.0 | −0.5 | +4.8 | +7.3 | −1.4 | +1.3 | +3.1 | −0.5 | −2.5 |
Not investment advice. MarketMoves describes past market data and reported news for general information. Figures can be delayed or wrong; check the original source before relying on them.