#1 Ranked
COPX
Copper Miners
Top Score
100.0%
79/79 wins
Top Bucket
Commodities
81.0% avg
Run Date
21 Aug 2026
weekly close
All 80 ETFs — pairwise momentum rank
| # ↕ |
Ticker ↕ |
Bucket ↕ |
Score % ↕ |
Raw/79 ↕ |
Δ Score ↕ |
Rank Chg ↕ |
Prev Rank ↕ |
Name ↕ |
Price performance — indexed to 100
Daily closes · 23 Feb → 21 Aug
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.
Intl Developed
65.3%
-6.3pp
Fixed Inc / FX
28.0%
+6.4pp
US Subsectors
26.0%
-22.2pp
Weekly Trend
Regime Commentary
Commodities — 81.0% (+5.2pp)
Leaders: COPX #1(100.0%); SLV #2(98.7%); PPLT #3(97.5%).
Laggards: DBA #32(60.8%); UNL #77(3.8%).
Intl Developed — 65.3% (-6.3pp)
Leaders: EWS #15(82.3%); EWH #18(78.5%); EWC #21(74.7%).
Laggards: EWN #38(53.2%); EWJ #42(48.1%).
Intl EM — 59.9% (+19.9pp)
Leaders: EZA #6(93.7%); FXI #20(75.9%); ECH #23(72.2%).
Laggards: INDA #49(39.2%); EWZ #62(22.8%).
US Sectors — 48.2% (-5.8pp)
Leaders: XLE #9(89.9%); XLV #13(84.8%); XLB #26(68.4%).
Laggards: XLI #70(12.7%); XLU #79(1.3%).
Fixed Inc / FX — 28.0% (+6.4pp)
Leaders: JBBB #46(43.0%); USHY #47(41.8%); JAAA #48(40.5%).
Laggards: UUP #71(11.4%); TLT #74(7.6%).
US Subsectors — 26.0% (-22.2pp)
Leaders: IGV #11(87.3%); XBI #14(83.5%); CIBR #33(59.5%).
Laggards: ICLN #78(2.5%); JETS #80(0.0%).
Cross-Bucket Win Rate Matrix
% of matchups won by row vs column. Above 50% = row outperforming.
| ↓ vs → |
US Sectors |
US Subsectors |
Commodities |
Intl Developed |
Intl EM |
Fixed Inc / FX |
|---|
| US Sectors |
— |
71% |
14% |
26% |
34% |
79% |
|---|
| US Subsectors |
27% |
— |
12% |
19% |
19% |
30% |
|---|
| Commodities |
86% |
87% |
— |
84% |
83% |
93% |
|---|
| Intl Developed |
74% |
81% |
16% |
— |
58% |
100% |
|---|
| Intl EM |
66% |
79% |
17% |
39% |
— |
92% |
|---|
| Fixed Inc / FX |
21% |
70% |
7% |
0% |
8% |
— |
|---|
Top 5 per Bucket
US Sectors — 48.2%
#9
XLE
-3
89.9%
#13
XLV
+16
84.8%
#26
XLB
+15
68.4%
#39
XLF
-15
51.9%
#40
XLY
+2
50.6%
US Subsectors — 26.0%
#11
IGV
-10
87.3%
#14
XBI
+22
83.5%
#33
CIBR
-28
59.5%
#64
KIE
-21
20.3%
#68
KBE
-40
15.2%
Commodities — 81.0%
#1
COPX
+6
100.0%
#2
SLV
+8
98.7%
#3
PPLT
+8
97.5%
#4
USO
+4
96.2%
#5
XOP
-2
94.9%
Intl Developed — 65.3%
#15
EWS
-6
82.3%
#18
EWH
+22
78.5%
#21
EWC
-8
74.7%
#22
EWG
-5
73.4%
#25
EWP
-3
69.6%
Intl EM — 59.9%
#6
EZA
+13
93.7%
#20
FXI
+15
75.9%
#23
ECH
+23
72.2%
#24
MCHI
+13
70.9%
#29
EWY
+21
64.6%
Fixed Inc / FX — 28.0%
#46
JBBB
+11
43.0%
#47
USHY
+6
41.8%
#48
JAAA
+8
40.5%
#50
HYG
+4
38.0%
#51
PFF
-4
36.7%
⬆ Biggest Risers — rank gain vs prior week
#37
EWW
Mexico
+38
54.4%
#23
ECH
Chile
+23
72.2%
#14
XBI
Biotech
+22
83.5%
#18
EWH
Hong Kong
+22
78.5%
#29
EWY
South Korea
+21
64.6%
#13
XLV
Health Care
+16
84.8%
#32
DBA
Agriculture
+16
60.8%
#62
EWZ
Brazil
+16
22.8%
#20
FXI
China (FXI)
+15
75.9%
#26
XLB
Materials
+15
68.4%
⬇ Biggest Fallers — rank drop vs prior week
#75
ITA
Aerospace & Def.
-57
6.3%
#68
KBE
Banks
-40
15.2%
#72
KRE
Regional Banks
-40
10.1%
#70
XLI
Industrials
-31
12.7%
#33
CIBR
Cybersecurity
-28
59.5%
#38
EWN
Netherlands
-23
53.2%
#42
EWJ
Japan
-22
48.1%
#45
XLK
Technology
-22
44.3%
#64
KIE
Insurance
-21
20.3%
#39
XLF
Financials
-15
51.9%
🥇 Top 10 Overall
#1
COPX
Copper Miners
100.0%
#2
SLV
Silver
98.7%
#3
PPLT
Platinum
97.5%
#4
USO
Crude Oil ETF
96.2%
#5
XOP
Oil & Gas E&P
94.9%
#6
EZA
South Africa
93.7%
#7
XME
Metals & Mining
92.4%
#8
GLD
Gold
91.1%
#9
XLE
Energy
89.9%
#10
URA
Uranium
88.6%
🔴 Bottom 10 Overall
#71
UUP
US Dollar
11.4%
#72
KRE
Regional Banks
10.1%
#73
ITB
Homebuilders
8.9%
#74
TLT
20+ Yr Treasury
7.6%
#75
ITA
Aerospace & Def.
6.3%
#76
SMH
Semiconductors
5.1%
#77
UNL
Natural Gas
3.8%
#78
ICLN
Clean Energy
2.5%
#79
XLU
Utilities
1.3%
#80
JETS
Airlines
0.0%
Macro Regime — 21 Aug 2026 · Auto-generated from pairwise data · Internal use only.
⛽ Commodities Leads — 81.0% Average
Commodities leads the 80-ETF universe at 81.0% (+5.2pp vs prior week). Equities outpacing FI/FX—Commodities (81.0%) leads Fixed Inc (28.0%). Risk-on signal. Weakest bucket: US Subsectors at 26.0%.
📈 Intl EM Surges +19.9pp — Biggest Bucket Move
Intl EM moved +19.9pp to 59.9% this week. Leaders: EZA #6(93.7%), FXI #20(75.9%). At the other end, US Subsectors fell 22.2pp to 26.0%.
⬆ Biggest Risers — EWW +38 Places
EWW +38 to #37(54.4%), ECH +23 to #23(72.2%), XBI +22 to #14(83.5%), EWH +22 to #18(78.5%).
🏆 Top of Universe — COPX #1 at 100.0%
COPX (Copper Miners) holds #1 with 100.0% pairwise win rate—near-perfect, winning almost every cross-asset matchup. Bottom: JETS (0.0%) losing most matchups.
📋 Positioning Reads
Conviction longs (20): COPX · SLV · PPLT · USO · XOP · EZA · XME · GLD · XLE · URA · IGV · OIH · XLV · XBI.
Underweight / avoid (20): EMB · EWZ · BNDX · KIE · IEF · MUB · LQD · KBE · XRT · XLI · UUP · KRE.
Near neutral (watch): EWW · EWN · XLF · XLY · XLC · EWJ · UAE · XLP — at the cross-asset inflection point.
Internal use only. Not investment advice. Compliance/Investments review recommended before client-facing use.