S&P 500 GICS sector returns, computed live from the SPDR Select Sector ETFs (the same instruments that track each official sector index) across Today, 1-month, 3-month, YTD, 1-year, 5-year, and 10-year windows.
Historical performance of sectors during business cycle phases.
| Sector | Early | Mid | Late | Recession |
|---|---|---|---|---|
| Financials | + | - | ||
| Real Estate | ++ | - | + | -- |
| Cons. Disc. | ++ | -- | ||
| Info Tech. | + | + | - | -- |
| Industrials | ++ | -- | ||
| Materials | + | -- | - | |
| Cons. Stap. | -- | - | + | ++ |
| Health Care | -- | ++ | ||
| Energy | -- | ++ | -- | |
| Comm. Serv. | + | - | ||
| Utilities | -- | - | + | ++ |
A reference framework, not a forecast — actual sector behavior varies by cycle.
Sector returns are proxied via SPDR Select Sector ETFs (XLC, XLY, XLF, XLP, XLRE, XLV, XLK, XLI, XLB, XLE, XLU), which track the official S&P 500 GICS sector indices. Returns are price-only (dividends not reinvested).
