Trends and horizons: Friday, November 6, 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 2026-11-06 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) | 735.29 | +0.31% | −2.7% | −5.6% | −4.1% | +0.7% | +10.9% | −5.6% |
| Nasdaq 100 (QQQ) | 656.10 | +1.40% | −5.0% | −13.6% | −8.1% | −5.5% | +7.8% | −13.6% |
| Dividend (SCHD) | 35.17 | −0.71% | −1.7% | +7.1% | +5.2% | +12.9% | +37.2% | −2.9% |
| Dow (DIA ETF) | 512.22 | −0.40% | −0.9% | −0.4% | −4.5% | +3.4% | +10.7% | −5.3% |
| Russell 2000 (IWM ETF) | 273.67 | +0.99% | −2.0% | −2.7% | −8.0% | −4.1% | +15.0% | −10.1% |
| Sectors | ||||||||
| Tech (XLK) | 164.74 | +1.45% | −8.2% | −18.4% | −11.0% | −2.9% | +14.5% | −18.4% |
| Health care (XLV) | 184.80 | −0.06% | 0.0% | +10.6% | +12.8% | +28.1% | +28.7% | −2.6% |
| Financials (XLF) | 57.16 | −0.59% | +1.2% | +5.8% | −0.8% | +11.0% | +10.8% | −3.4% |
| Energy (XLE) | 61.62 | −0.02% | −12.0% | −3.3% | +6.6% | +9.5% | +43.6% | −12.0% |
| Staples (XLP) | 90.08 | −1.28% | +0.7% | +10.1% | +6.5% | +8.4% | +22.4% | −2.0% |
| Discretionary (XLY) | 117.58 | −0.05% | +1.9% | +5.2% | −0.2% | −1.5% | +0.7% | −5.0% |
| Utilities (XLU) | 43.13 | −0.39% | −0.7% | +4.8% | +0.2% | −4.3% | +0.3% | −7.8% |
| Materials (XLB) | 51.95 | −0.73% | −1.5% | +4.5% | 0.0% | 0.0% | +24.7% | −3.6% |
| Real estate (XLRE) | 44.00 | −0.68% | +1.9% | +7.1% | −1.0% | 0.0% | +11.8% | −3.6% |
| Communication (XLC) | 104.79 | +0.43% | +4.9% | −6.1% | −5.4% | −10.2% | −5.6% | −11.9% |
| Industrials (XLI) | 162.67 | +0.12% | −2.8% | −5.2% | −11.7% | −7.6% | +7.8% | −12.5% |
| Themes | ||||||||
| Semiconductors (SMH) | 463.96 | +3.62% | −11.2% | −26.6% | −18.8% | −15.6% | +32.6% | −30.6% |
| Software (IGV) | 98.88 | −0.13% | −5.2% | −11.0% | −0.5% | +12.6% | −9.5% | −16.0% |
| AI leaders basket (6 stocks, equal weight) | 7,469.20 | +0.63% | −1.4% | −13.2% | −10.0% | −7.4% | +3.3% | −13.2% |
| Equal-weight S&P 500 (RSP) | 216.05 | −0.38% | −1.0% | +1.8% | −0.8% | +6.3% | +18.0% | −3.3% |
| Value (IWD) | 257.45 | −0.36% | −0.5% | +2.3% | +0.9% | +10.5% | +28.7% | −3.0% |
| Growth (IWF) | 111.75 | +1.26% | −5.0% | −13.5% | −9.4% | −8.6% | −5.0% | −13.5% |
| Foreign | ||||||||
| Developed ex-US (EFA) | 101.89 | −0.79% | −1.4% | −2.2% | −5.1% | −1.3% | +12.2% | −6.4% |
| Developed (VEA) | 67.90 | −0.43% | −2.2% | −4.5% | −5.6% | −3.5% | +15.4% | −7.8% |
| Emerging (EEM) | 59.33 | +2.20% | −2.8% | −13.1% | −8.8% | −11.6% | +10.6% | −16.7% |
| Emerging (VWO) | 55.29 | +1.94% | −0.4% | −8.8% | −7.6% | −8.7% | +3.6% | −9.8% |
| Japan (EWJ) | 88.26 | 0.00% | −5.0% | −11.1% | −7.2% | −3.2% | +11.0% | −11.1% |
| China large-cap (FXI) | 34.95 | +0.03% | +5.7% | +3.5% | −2.8% | −6.1% | −11.3% | −14.7% |
| Germany (EWG) | 41.58 | −2.74% | −0.7% | +0.2% | −4.5% | −2.4% | +5.0% | −6.8% |
| Crypto | ||||||||
| Bitcoin (USD) | 75,731 | −0.31% | −1.9% | −11.5% | +17.8% | −7.0% | −25.2% | −39.3% |
| Ethereum (USD) | 2,235.37 | +0.03% | −0.3% | −17.1% | +17.5% | −4.9% | −32.5% | −53.7% |
| Commodity | ||||||||
| Gold (GLD ETF) | 372.52 | −0.79% | +4.7% | −2.6% | −4.4% | −13.6% | +1.8% | −24.9% |
| Silver (SLV ETF) | 46.87 | −0.13% | +5.1% | −15.5% | −16.1% | −33.2% | +7.6% | −55.6% |
| WTI crude (front-month futures)as of 2026-11-05 | 90.52 | +2.72% | −11.3% | +1.2% | +20.3% | −11.5% | +51.9% | −26.8% |
| Brent crude (front-month futures)as of 2026-11-05 | 98.29 | +3.88% | −14.4% | −2.0% | +23.7% | −10.5% | +54.7% | −23.2% |
| Copper (CPER ETF) | 37.67 | +0.83% | −3.4% | −5.9% | −7.6% | +0.3% | +22.2% | −9.1% |
| Rates | ||||||||
| US 3M bill | 4.19% | +2 bp | +3 bp | −2 bp | +29 bp | +50 bp | +26 bp | – |
| US 2Y | 4.51% | +5 bp | −5 bp | −28 bp | +26 bp | +64 bp | +94 bp | – |
| US 10Y | 4.86% | +2 bp | −8 bp | −41 bp | +17 bp | +50 bp | +75 bp | – |
| US 20Y | 5.29% | +2 bp | −5 bp | −39 bp | +7 bp | +37 bp | +62 bp | – |
| US 30Y | 5.26% | +1 bp | −5 bp | −38 bp | +4 bp | +32 bp | +57 bp | – |
| 2s10s spread | +35 bp | −3 bp | −3 bp | −13 bp | −9 bp | −14 bp | −19 bp | – |
| 30Y mortgage (weekly, published Thursdays) | 7.18% | n/a | −6 bp | −10 bp | +52 bp | +88 bp | +101 bp | – |
| Credit | ||||||||
| IG corporate (LQD) | 104.53 | −0.12% | +0.6% | +2.7% | −0.5% | −1.9% | −1.3% | −5.0% |
| High yield (HYG) | 77.23 | −0.06% | +0.3% | +0.5% | −1.3% | −0.8% | +2.1% | −1.9% |
| EM dollar debt (EMB) | 91.96 | 0.00% | +0.3% | +1.6% | −1.8% | −1.9% | +0.9% | −2.9% |
| Alts | ||||||||
| Managed futures (CTA) | 26.77 | +0.15% | −10.6% | −7.1% | +4.1% | −10.7% | +5.2% | n/a |
| FX / Vol | ||||||||
| Dollar (UUP ETF)new 5y high | 29.13 | +0.73% | +0.4% | +0.8% | +3.3% | +6.5% | +6.9% | 0.0% |
| USD/JPY | 158.45 | +0.50% | +0.6% | +0.2% | 0.0% | +1.3% | +3.5% | −3.3% |
| USD/MXN | 18.6070 | −0.72% | −0.9% | +3.5% | +8.1% | +7.8% | +0.2% | −15.0% |
| VIX (Cboe) | 25.64 | −9.01% | +32.0% | +70.8% | +69.2% | +47.4% | +31.5% | −51.0% |
| Stress | ||||||||
| TIPS (TIP) | 106.27 | +0.01% | −0.2% | +2.2% | −0.4% | −1.5% | −0.1% | −1.7% |
| Long zero-coupon (ZROZ) | 59.04 | +0.17% | +1.1% | +11.4% | +1.6% | −4.0% | −9.2% | −56.2% |
| T-bill ETF (SGOV)new 5y high | 100.49 | +0.04% | +0.1% | +0.4% | +1.0% | +1.9% | +3.8% | 0.0% |
| Commodities (DBC) | 31.54 | +0.22% | −6.2% | −3.5% | +9.3% | +4.4% | +42.6% | −7.5% |
| KRE/SPY ratio | 0.0982 | −0.46% | +3.0% | +9.2% | −1.0% | +2.6% | +10.8% | −39.3% |
| SOFR (NY Fed, published next day)as of 2026-11-05 | 3.92% | −2 bp | −2 bp | +3 bp | +28 bp | +30 bp | +1 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) | +1.3 | −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) | −8.5 | −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) | −8.2 | −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) | −0.3 | −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) | +1.7 | +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) | +0.7 | +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) | +4.5 | +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) | −1.3 | −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) | −0.1 | −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) | +3.0 | +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) | −8.1 | +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 | +1.1 | −1.3 | −8.7 | +6.1 | −9.7 | +15.5 | +11.2 | −6.3 | −41.0 | +6.8 | +0.6 | +1.6 | +6.6 |
| Discretionary (XLY) vs staples (XLP) | +1.2 | −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) | +3.3 | +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) | −2.3 | −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) | +4.0 | +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) | +3.0 | +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) | +7.4 | −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) | +0.5 | −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) | −6.9 | −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 | +1.4 | −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) | +0.4 | −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) | −1.4 | −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.