LC
Pairwise Ranking Dashboard
80 ETFs Β· 3,160 pairs Β· 8-week ratio MA Β· 02 Jul 2026 Internal
#1 Ranked
XBI
Biotech
Top Score
100.0%
79/79 wins
Top Riser
EWG
+29 places
Top Bucket
US Subsectors
79.4% avg
Run Date
02 Jul 2026
weekly close
All 80 ETFs β€” pairwise momentum rank
# ↕ Ticker ↕ Bucket ↕ Score % ↕ Raw/79 ↕ Ξ” Score ↕ Rank Chg ↕ Prev Rank ↕ Name ↕
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Price performance β€” indexed to 100
Daily closes Β· 05 Jan β†’ 02 Jul
Weekly pairwise score %
% of ratio-vs-8W-MA matchups won each week vs all 79 ETFs
Bucket Average Relative Strength

50% = neutral vs full universe. Higher = winning more cross-asset matchups.

US Subsectors
79.4% -6.1pp
Intl Developed
68.4% +5.8pp
US Sectors
60.9% +0.6pp
Fixed Inc / FX
51.0% -0.6pp
Intl EM
34.4% +0.2pp
Commodities
12.9% +0.7pp
Weekly Trend
Regime Commentary
US Subsectors β€” 79.4% (-6.1pp)

Leaders: XBI #1(100.0%); JETS #2(98.7%); KIE #3(97.5%).
Laggards: SMH #55(31.6%); ICLN #73(8.9%).

Intl Developed β€” 68.4% (+5.8pp)

Leaders: EWP #12(86.1%); EWI #14(83.5%); EWS #15(82.3%).
Laggards: EWC #49(39.2%); EWH #68(15.2%).

US Sectors β€” 60.9% (+0.6pp)

Leaders: XLV #4(96.2%); XLF #10(88.6%); XLI #11(87.3%).
Laggards: XLC #61(24.1%); XLE #67(16.5%).

Fixed Inc / FX β€” 51.0% (-0.6pp)

Leaders: UUP #29(64.6%); EMB #31(62.0%); MUB #32(60.8%).
Laggards: IAGG #50(38.0%); PFF #53(34.2%).

Intl EM β€” 34.4% (+0.2pp)

Leaders: INDA #21(74.7%); UAE #22(73.4%); EWZ #51(36.7%).
Laggards: EWY #70(12.7%); FXI #72(10.1%).

Commodities β€” 12.9% (+0.7pp)

Leaders: UNL #58(27.8%); DBA #59(26.6%); CPER #62(22.8%).
Laggards: OIH #79(1.3%); USO #80(0.0%).

Cross-Bucket Win Rate Matrix

% of matchups won by row vs column. Above 50% = row outperforming.

↓ vs β†’ US Sectors US Subsectors Commodities Intl Developed Intl EM Fixed Inc / FX
US Sectors β€” 24% 94% 46% 76% 64%
US Subsectors 75% β€” 96% 78% 86% 83%
Commodities 6% 4% β€” 4% 16% 0%
Intl Developed 54% 22% 96% β€” 88% 84%
Intl EM 24% 12% 83% 12% β€” 21%
Fixed Inc / FX 36% 17% 100% 16% 79% β€”
Top 5 per Bucket
US Sectors β€” 60.9%
#4 XLV +4 96.2%
#10 XLF +1 88.6%
#11 XLI +1 87.3%
#17 XLU +11 79.7%
#24 XLB +20 70.9%
US Subsectors β€” 79.4%
#1 XBI +1 100.0%
#2 JETS -1 98.7%
#3 KIE +1 97.5%
#5 ITB +1 94.9%
#6 CIBR -3 93.7%
Commodities β€” 12.9%
#58 UNL -3 27.8%
#59 DBA -3 26.6%
#62 CPER -2 22.8%
#63 PALL +9 21.5%
#64 WEAT -1 20.3%
Intl Developed β€” 68.4%
#12 EWP +3 86.1%
#14 EWI +8 83.5%
#15 EWS +2 82.3%
#16 EWT -6 81.0%
#18 EWQ +8 78.5%
Intl EM β€” 34.4%
#21 INDA +2 74.7%
#22 UAE -3 73.4%
#51 EWZ +10 36.7%
#52 EWW +5 35.4%
#54 KSA -3 32.9%
Fixed Inc / FX β€” 51.0%
#29 UUP -8 64.6%
#31 EMB 62.0%
#32 MUB -3 60.8%
#33 USHY +3 59.5%
#34 TLT -1 58.2%
⬆ Biggest Risers β€” rank gain vs prior week
#23 EWG Germany +29 72.2%
#19 EWU UK +24 77.2%
#27 XLP Consumer Staples +23 67.1%
#24 XLB Materials +20 70.9%
#36 JBBB CLO BBB +13 55.7%
#17 XLU Utilities +11 79.7%
#51 EWZ Brazil +10 36.7%
#63 PALL Palladium +9 21.5%
#14 EWI Italy +8 83.5%
#18 EWQ France +8 78.5%
⬇ Biggest Fallers β€” rank drop vs prior week
#55 SMH Semiconductors -41 31.6%
#56 XLK Technology -38 30.4%
#48 XLY Consumer Discret. -23 40.5%
#28 EWN Netherlands -12 65.8%
#45 BIL 1-3M T-Bills -11 44.3%
#46 SGOV 0-3M T-Bills -11 43.0%
#29 UUP US Dollar -8 64.6%
#70 EWY South Korea -8 12.7%
#73 ICLN Clean Energy -8 8.9%
#37 BNDX Intl Bond -7 54.4%
πŸ₯‡ Top 10 Overall
#1 XBI Biotech 100.0%
#2 JETS Airlines 98.7%
#3 KIE Insurance 97.5%
#4 XLV Health Care 96.2%
#5 ITB Homebuilders 94.9%
#6 CIBR Cybersecurity 93.7%
#7 ITA Aerospace & Def. 92.4%
#8 KRE Regional Banks 91.1%
#9 KBE Banks 89.9%
#10 XLF Financials 88.6%
πŸ”΄ Bottom 10 Overall
#71 COPX Copper Miners 11.4%
#72 FXI China (FXI) 10.1%
#73 ICLN Clean Energy 8.9%
#74 NLR Nuclear Energy 7.6%
#75 URA Uranium 6.3%
#76 PPLT Platinum 5.1%
#77 XME Metals & Mining 3.8%
#78 SLV Silver 2.5%
#79 OIH Oil Services 1.3%
#80 USO Crude Oil ETF 0.0%
Macro Regime β€” 02 Jul 2026 Β· Auto-generated from pairwise data Β· Internal use only.
πŸ’» US Subsectors Leads β€” 79.4% Average

US Subsectors leads the 80-ETF universe at 79.4% (-6.1pp vs prior week). Equities outpacing FI/FXβ€”US Subsectors (79.4%) leads Fixed Inc (51.0%). Risk-on signal. Weakest bucket: Commodities at 12.9%.

πŸ“ˆ Intl Developed Surges +5.8pp β€” Biggest Bucket Move

Intl Developed moved +5.8pp to 68.4% this week. Leaders: EWP #12(86.1%), EWI #14(83.5%), EWS #15(82.3%), EWT #16(81.0%). At the other end, US Subsectors fell 6.1pp to 79.4%.

⬆ Biggest Risers β€” EWG +29 Places

EWG +29 to #23(72.2%), EWU +24 to #19(77.2%), XLP +23 to #27(67.1%), XLB +20 to #24(70.9%).

πŸ† Top of Universe β€” XBI #1 at 100.0%

XBI (Biotech) holds #1 with 100.0% pairwise win rateβ€”near-perfect, winning almost every cross-asset matchup. Bottom: USO (0.0%) losing most matchups.

πŸ“‹ Positioning Reads

Conviction longs (20): XBI Β· JETS Β· KIE Β· XLV Β· ITB Β· CIBR Β· ITA Β· KRE Β· KBE Β· XLF Β· XLI Β· EWP Β· XRT Β· EWI.

Underweight / avoid (20): XLC Β· CPER Β· PALL Β· WEAT Β· GLD Β· XOP Β· XLE Β· EWH Β· MCHI Β· EWY Β· COPX Β· FXI.

Near neutral (watch): BNDX Β· LQD Β· AGG Β· IEF Β· GOVT Β· VMBS Β· BND Β· JAAA β€” at the cross-asset inflection point.

Internal use only. Not investment advice. Compliance/Investments review recommended before client-facing use.

LC Pairwise Ranking Β· 80 ETFs Β· 3,160 pairs Β· 8-week MA Β· 02 Jul 2026