Awaiting complete universe
Descriptive market intelligence / live delayed data
See where the market is participating.
CapFlow compares equal-weight and cap-weight sector behavior to separate broad participation from moves carried by a handful of large companies.
01 / Market monitor
Participation snapshot
Positive equal-vs-cap spread, 4 weeks
Positive short- and long-horizon RS
S&P 500 Equal Weight ETF
02 / Cross-section
Sector rotation
Ranked sector evidenceScore / RS / participation
| Sector | Score | Phase | RS 1W | RS 4W | RS 12W | CMF-20 | EW–CW 4W |
|---|---|---|---|---|---|---|---|
| Loading complete 11-sector universe… | |||||||
Rotation phase map12W RS × 1W impulse
LeadingImprovingLaggingWeakening
03 / Methodology
One lens, three components.
Participation Score = 0.55 × z(relative-strength momentum) + 0.25 × z(CMF-20) + 0.20 × z(equal-weight − cap-weight spread)
Relative strength uses 5-, 20-, and 60-session returns of each equal-weight sector fund versus RSP. Every component is standardized across the complete 11-sector universe. If one required fund is missing, the API fails the snapshot instead of silently changing the comparison set.
CMF and traded volume are price/volume proxies—not measurements of ETF creations, redemptions, institutional orders, or net fund flows.
The prior composite backtest did not establish predictive power. Use this page to inspect observed market structure, not to generate trade recommendations.