LC Pairwise Ranking Dashboard

#1 Ranked

SMH

Semiconductors

Top Score

100.0%

79/79 wins

Top Riser

COPX

+46 places

Top Bucket

US Subsectors

75.0% avg

Run Date

12 Jun 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 · 15 Dec → 12 Jun

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

75.0% +1.3pp

Intl Developed

63.5% +8.5pp

US Sectors

57.9% -4.6pp

Fixed Inc / FX

46.5% -9.5pp

Intl EM

41.1% +19.5pp

Commodities

24.1% -4.7pp

Weekly Trend

Regime Commentary

US Subsectors — 75.0% (+1.3pp)

Leaders: SMH #1(100.0%); CIBR #3(97.5%); JETS #5(94.9%).
Laggards: IGV #59(26.6%); ICLN #64(20.3%).

Intl Developed — 63.5% (+8.5pp)

Leaders: EWT #4(96.2%); EWN #6(93.7%); EWI #14(83.5%).
Laggards: EWG #58(27.8%); EWH #72(10.1%).

US Sectors — 57.9% (-4.6pp)

Leaders: XLK #7(92.4%); XLV #12(86.1%); XLF #17(79.7%).
Laggards: XLY #65(19.0%); XLC #69(13.9%).

Fixed Inc / FX — 46.5% (-9.5pp)

Leaders: UUP #30(63.3%); EMB #31(62.0%); JBBB #32(60.8%).
Laggards: IEF #56(30.4%); PFF #57(29.1%).

Intl EM — 41.1% (+19.5pp)

Leaders: EWY #2(98.7%); UAE #27(67.1%); KSA #28(65.8%).
Laggards: MCHI #68(15.2%); EWZ #73(8.9%).

Commodities — 24.1% (-4.7pp)

Leaders: CPER #10(88.6%); COPX #18(78.5%); XME #29(64.6%).
Laggards: URA #79(1.3%); PPLT #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	—	26%	82%	44%	70%	66%
US Subsectors	73%	—	90%	67%	81%	80%
Commodities	18%	8%	—	16%	27%	21%
Intl Developed	54%	32%	84%	—	72%	74%
Intl EM	29%	19%	71%	28%	—	41%
Fixed Inc / FX	33%	20%	78%	26%	56%	—

Top 5 per Bucket

US Sectors — 57.9%

#7 XLK -2 92.4%

#12 XLV -6 86.1%

#17 XLF -3 79.7%

#20 XLRE -9 75.9%

#22 XLP +10 73.4%

US Subsectors — 75.0%

#1 SMH +1 100.0%

#3 CIBR -2 97.5%

#5 JETS +3 94.9%

#8 KRE +8 91.1%

#9 KBE +8 89.9%

Commodities — 24.1%

#10 CPER +5 88.6%

#18 COPX +46 78.5%

#29 XME -5 64.6%

#55 OIH +3 31.6%

#60 UNL -41 25.3%

Intl Developed — 63.5%

#4 EWT -1 96.2%

#6 EWN +7 93.7%

#14 EWI +20 83.5%

#16 EWP +20 81.0%

#21 EWQ +16 74.7%

Intl EM — 41.1%

#2 EWY +5 98.7%

#27 UAE +42 67.1%

#28 KSA +38 65.8%

#34 EWW +31 58.2%

#49 ECH +23 39.2%

Fixed Inc / FX — 46.5%

#30 UUP -20 63.3%

#31 EMB +2 62.0%

#32 JBBB -9 60.8%

#35 TLT +6 57.0%

#36 BNDX -6 55.7%

⬆ Biggest Risers — rank gain vs prior week

#18 COPX Copper Miners +46 78.5%

#11 XRT Retail +45 87.3%

#27 UAE UAE +42 67.1%

#28 KSA Saudi Arabia +38 65.8%

#15 ITB Homebuilders +33 82.3%

#34 EWW Mexico +31 58.2%

#25 XLB Materials +26 69.6%

#49 ECH Chile +23 39.2%

#14 EWI Italy +20 83.5%

#16 EWP Spain +20 81.0%

⬇ Biggest Fallers — rank drop vs prior week

#59 IGV Software -55 26.6%

#64 ICLN Clean Energy -52 20.3%

#60 UNL Natural Gas -41 25.3%

#74 USO Crude Oil ETF -39 7.6%

#52 XLE Energy -32 35.4%

#44 JAAA CLO AAA -22 45.6%

#30 UUP US Dollar -20 63.3%

#43 IAGG Intl Aggregate -17 46.8%

#45 BIL 1-3M T-Bills -17 44.3%

#46 SGOV 0-3M T-Bills -17 43.0%

🥇 Top 10 Overall

#1 SMH Semiconductors 100.0%

#2 EWY South Korea 98.7%

#3 CIBR Cybersecurity 97.5%

#4 EWT Taiwan 96.2%

#5 JETS Airlines 94.9%

#6 EWN Netherlands 93.7%

#7 XLK Technology 92.4%

#8 KRE Regional Banks 91.1%

#9 KBE Banks 89.9%

#10 CPER Copper ETP 88.6%

🔴 Bottom 10 Overall

#71 WEAT Wheat 11.4%

#72 EWH Hong Kong 10.1%

#73 EWZ Brazil 8.9%

#74 USO Crude Oil ETF 7.6%

#75 GLD Gold 6.3%

#76 PALL Palladium 5.1%

#77 NLR Nuclear Energy 3.8%

#78 SLV Silver 2.5%

#79 URA Uranium 1.3%

#80 PPLT Platinum 0.0%

Macro Regime — 12 Jun 2026 · Auto-generated from pairwise data · Internal use only.

💻 US Subsectors Leads — 75.0% Average

US Subsectors leads the 80-ETF universe at 75.0% (+1.3pp vs prior week). Equities outpacing FI/FX—US Subsectors (75.0%) leads Fixed Inc (46.5%). Risk-on signal. Weakest bucket: Commodities at 24.1%.

📈 Intl EM Surges +19.5pp — Biggest Bucket Move

Intl EM moved +19.5pp to 41.1% this week. Leaders: EWY #2(98.7%). At the other end, Fixed Inc / FX fell 9.5pp to 46.5%.

⬆ Biggest Risers — COPX +46 Places

COPX +46 to #18(78.5%), XRT +45 to #11(87.3%), UAE +42 to #27(67.1%), KSA +38 to #28(65.8%).

🏆 Top of Universe — SMH #1 at 100.0%

SMH (Semiconductors) holds #1 with 100.0% pairwise win rate—near-perfect, winning almost every cross-asset matchup. Bottom: PPLT (0.0%) losing most matchups.

📋 Positioning Reads

Conviction longs (20): SMH · EWY · CIBR · EWT · JETS · EWN · XLK · KRE · KBE · CPER · XRT · XLV · ITA · EWI.

Underweight / avoid (20): INDA · XLU · XOP · ICLN · XLY · FXI · EZA · MCHI · XLC · DBA · WEAT · EWH.

Near neutral (watch): EWU · LQD · USHY · HYG · MUB · XBI · IAGG · JAAA — at the cross-asset inflection point.

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

LC Pairwise Ranking · 80 ETFs · 3,160 pairs · 8-week MA · 12 Jun 2026