SPDR Sector ETF watchlist update 01-17-2022

Energy stocks are the strongest performing sector

The watchlist ranks The SPDR Sector ETFs by pure momentum trendfollowing. Each ETF is analyzed for trend momentum. The analysis measures trend strength, benchmarked at a 20% annualized growth rate, over four time frames: 63 days, 126 days, 189 days, 250 days. The trends are indexed with added weight on the 63 day time frame, to produce the Trend Score. A positive Trend Score, is trending in excess of 20% annualized. The S&P 500 Index SPDR ETF (SPY) is added to the watchlist for relative strength performance comparison. 

Sym	Name	Trend Score % diff
XLE	SPDRs Select Sector Energy ETF	12.28
XLP	SPDRs Select Sector Con Staples ETF	1.34
XLF	SPDRs Select Sector Financial ETF	0.78
XLK	SPDRs Select Sector Technology ETF	-1.22
XLB	SPDRs Select Sector Materials ETF	-1.44
SPY	SPDRs S&P 500 Trust Series ETF	-1.86
XLU	SPDRs Select Sector Utilities ETF	-1.98
XLRE	Real Estate Select Sector SPDR Fund	-2.50
XLI	SPDRs Select Sector Industrial ETF	-2.70
XLY	SPDRs Select Sector Cons Disc ETF	-3.00
XLV	SPDRs Select Sector Health Care ETF	-3.10
XLC	Communication Serv Sector SPDR ETF	-7.92