Conclusion, Investment Implications, Strategy

The SPDR Portfolio S&P 500 Growth ETF (SPYG) is setting new all-time highs amid quarterly relative outperformance versus the S&P 500 and monthly asset expansion which together establish favorable conditions for continued strength.

SPYG Poised For More Outright Strength, Relative Outperformance

The upper panel of Chart 1 below shows that the SPDR Portfolio S&P 500 Growth ETF (SPYG) is in the midst of a major uptrend, as defined by its 200-day moving average, which actually began in April 2023.  The middle panel shows that SPYG has been outperforming the S&P 500 (SPY) since the beginning of the year.  The lower panel shows that the total net assets invested in SPYG (AUM) have been expanding on a monthly basis since May 3rd.  As long as these conditions remain true, recent strength in SPYG is likely to continue.

Chart 1

Current Sector & Industry Group Ideas

Table 1 below is also accessible via the Sector & Industry Group Ideas rectangle at the top of the Research Center.

Table 1

Click the table to make it larger

This table also regularly appears in our weekly Keys To This Week: Sector & Industry Groups report published on Monday mornings.