1. Market Trend Analysis
The final week of June 2026 presents a highly visible structural shift in the market regime, characterized by a rapid cyclical rotation away from mega-cap technology and into broader, smaller-capitalization equities. This structural bifurcation is underscored by a notable breakdown in institutional mega-cap leadership, contrasted against surging breadth in previously neglected market segments.
Multi-Week Trend & Exchange Distribution
Over the last trailing 4-week window, leadership has progressively decentralized from the dominant Nasdaq-100 cohort. As of June 26, 2026, the list distribution rests at 70.4% Nasdaq and 29.6% NYSE/Amex. While the Nasdaq remains the largest home for high-GPA growth structures, capital flows are rapidly dispersing into small-cap and mid-cap spaces. The most compelling evidence of this risk-on broadening is found in the Median Market Cap, which has adjusted up to 10,753. This indicates that the average mid-and-small-sized enterprise is experiencing a significant lift in liquidity, transitioning the market out of a narrow, top-heavy regime into a healthier, broad-market expansion.
Oscillator Interpretation & Momentum
The broader index momentum remains stable, with the standard SPY Oscillator holding a reading of 1.00. However, underlying sector dynamics tell a vastly different story.
Small-cap trackers have experienced an aggressive multi-week surge in momentum, with the IJR (S&P Small-Cap 600) Oscillator hitting a massive 12.00 (and 2.00 bound metric). Similarly, MDY (Mid-Cap S&P 400) has expanded to an oscillator of 5.00. This massive push in small/mid-cap velocity indicates that market participants are aggressively covering underweighted cyclical positions. Conversely, mega-cap-heavy sectors are showing clear signs of deceleration: XLK (Technology) sits at an oscillator of 15.00 but features a low bound metric (0.48), confirming that its rate of change has drastically slowed relative to the small-cap complex.
GPA Insights & Fundamental Quality
The fundamental quality of the leading cohort remains remarkably robust. The Gross Profitability Asset (GPA) data highlights a high concentration of fundamentally elite companies sustaining the broader shift. Semiconductors and systemic equipment providers command the highest tier of corporate efficiency, with TSM, MU, ASML, ASX, and TER sitting at the maximum GPA cap of 3.96.
Importantly, this high fundamental quality is no longer exclusive to tech. Large financials and industrials like BMO (3.96), HWM (3.92), and construction/engineering play AGX (3.96) are displaying top-tier GPA marks. This means the current rotation into cyclical and industrial names is backed by hard fundamental strength rather than speculative, low-quality junk.
Sector Rotation Profile
Strong Uptrend (Capital Sinks): Biotech (XBI), Health Care Services (XHS), Pharmaceuticals (XPH), and Small Caps (IJR/IWM) are leading the charge. Industrials (XLI) and Banks (KBE) are rapidly climbing the relative strength ranks.
Weakening Uptrend/Exhaustion: Information Technology (VGT) and Semiconductors (SMH) have shifted to "very weak uptrend" status. While long-term structural drivers remain, short-term liquidity is actively being harvested from these winners.
Trouble/Correction Signs: Communication Services (XLC/VOX), Energy (XLE/VDE), and precious metals (GLD/SLV) are flashing signs of acute trouble, showing negative relative momentum.
Mega-Cap Leadership Check
A definitive warning sign has emerged from the market's heavyweights: The mega caps are experiencing a leadership breakdown.
Evaluating the individual oscillator metrics of the S&P 500's primary drivers reveals a sharp transition into negative territory:
Broadcom (AVGO): Oscillator
-16Microsoft (MSFT): Oscillator
-20NVIDIA (NVDA): Oscillator
-16Meta Platforms (META): Oscillator
-30
This overwhelming majority of negative oscillators among top-tier mega caps confirms they are not participating in the current week's upside. Because the underlying indices (like SPY) remain stable while mega caps fall, this confirms a massive, underlying expansion of market breadth. The rally is broadening out; money is leaving the crowded mega-cap AI trade to fund purchases in small-caps, health care, and financials.
[Market Status]
Regime: Risk-On / Broadening
Trend Stage: Mid-Trend Rotation
Risk Level: Medium (Elevated due to Mega-Cap Divergence)
2. Economic Outlook
The underlying message from the data suggests an economy undergoing a structural transition, likely moving into a late-cycle re-acceleration or an early-cycle expansion where inflation pressures flatten, and credit conditions loosen. The aggressive surge into Small Caps (IJR/IWM) and regional banking networks (KBE) strongly implies that market participants are pricing in a domestic economic "soft landing" or a resilient growth backdrop, rather than an imminent recession. This view is fortified by strong capital deployment into transportation (XTN) and industrials (VIS), which act as structural bellwethers for physical commerce and manufacturing health. Market sentiment can be best classified as transitional and rotationally bullish; while there is clear defensive positioning occurring via health care services and pharma, it is paired with highly aggressive risk-appetite in small-cap growth and biotechnologies, painting a picture of an economy where liquidity remains ample and the consumer is stabilizing.
3. Investment Ideas
Capital allocation must adapt immediately to this clear structural change by implementing a barbell strategy that avoids the valuation risks of over-concentrated mega-cap technology. Tactical alpha is currently being generated by migrating down the market-cap spectrum into high-GPA small-caps and mid-caps, which are benefiting from historic valuation discounts and expanding market breadth. Style preference has decisively flipped toward Small-Cap Growth and Cyclical Value over Mega-Cap Secular Growth. Portfolio construction should actively lock in profits from crowded semiconductor positions and redeploy that liquidity into emerging leadership sectors: specifically, biotechnology, specialized industrial engineering, and selected financial service providers showing strong institutional block buying.
4. ETF Opportunities
Small-Cap & Mid-Cap Core: IJR, IWM, MDY, VXF
Thematic Growth & Cyclicals: XBI (Biotech), XTN (Transportation), MTUM (Momentum)
Value & Cyclical Overlays: VTV (Large Cap Value), VOE (Mid Cap Value), SCHD (Dividend Equity)
Defensive Leaders: XHS (Health Care Services), XPH (Pharmaceuticals), XLV (Health Care Select)
5. Top 7 ETFs to Research
IJR (iShares Core S&P Small-Cap ETF)
Sector/Theme: Small-Cap Equities
Reasoning: Leading the entire market expansion with an explosive oscillator score of
12.00, confirming an aggressive institutional rotation into small-cap names as breadth expands.
XBI (SPDR S&P Biotech ETF)
Sector/Theme: Biotechnology
Reasoning: Displays exceptional relative strength in the early-to-mid-cycle rotation framework, benefiting directly from the broader risk-on appetite away from mega-cap tech.
XHS (SPDR S&P Health Care Services ETF)
Sector/Theme: Health Care Services
Reasoning: Commands a powerful combination of a strong oscillator (
18.00) and high trend ranking, serving as an ideal late-cycle defensive growth play that acts as a hedge to cyclical exposures.
MTUM (iShares MSCI USA Momentum Factor ETF)
Sector/Theme: Momentum Factor
Reasoning: Sits in the top tier of the strong uptrend list with an oscillator of
17.00, effectively pivoting away from tech components and capturing the newly emerging leaders in financials and industrials.
MDY (SPDR S&P MidCap 400 ETF)
Sector/Theme: Mid-Cap Equities
Reasoning: A major beneficiary of the expanding median market cap trend, establishing a reliable, high-velocity uptrend line backed by an oscillator score of
5.00.
XPH (SPDR S&P Pharmaceuticals ETF)
Sector/Theme: Pharmaceuticals
Reasoning: Captures high-quality fundamental leadership while benefiting from a strong upward-trending oscillator, making it a reliable cash-flow destination during active sector rotations.
KBE (SPDR S&P Bank ETF)
Sector/Theme: Banking & Financials
Reasoning: Showing a notable resurgence in trend strength as small-and-medium-sized financial institutions catch a strong bid from thawing macro liquidity and steepening curves.
Stats for 2026-06-26 (4th week of the Month)
List creation date: 2026-06-26
Median MarketCap: 10753
70.4% stocks on Nasdaq; 29.6% stocks on NYSE/Amex
| Sector | |
|---|---|
| Information Technology | 39% |
| Financials | 18% |
| Health Care | 17% |
| Industrials | 17% |
| Consumer Staples | 4% |
| Energy | 2% |
| Consumer Discretionary | 2% |
| Real Estate | 2% |
| Industry | |
|---|---|
| Semiconductors & Semi | 22% |
| Banks | 11% |
| Aerospace & Defense | 9% |
| Pharmaceuticals | 7% |
| Electronic Equipment, | 7% |
| Software | 6% |
| Biotechnology | 6% |
| Health Care Providers | 4% |
| Communications Equipm | 4% |
| Financial Services | 4% |
| Consumer Finance | 2% |
| Capital Markets | 2% |
| Energy Equipment & Se | 2% |
| Construction & Engine | 2% |
| Electrical Equipment | 2% |
| Machinery | 2% |
| Commercial Services & | 2% |
| Hotels, Restaurants & | 2% |
| Consumer Staples Dist | 2% |
| Beverages | 2% |
| Office REITs | 2% |
| Country | |
|---|---|
| United States | 91% |
| Taiwan | 4% |
| Canada | 4% |
| Netherlands | 2% |
| GPA | Sym | (0gpaamp5) Industry | Sector | MktCap | Country | Name |
|---|---|---|---|---|---|---|
| 3.96 | TSM | Semiconductors & Semi | Information Technology | 1947107 | Taiwan | Taiwan Semiconductor Manufactu |
| 3.96 | MU | Semiconductors & Semi | Information Technology | 1368573 | US | Micron Technology, |
| 3.96 | ASML | Semiconductors & Semi | Information Technology | 696940 | Netherlands | ASML Holding N.V. |
| 3.96 | ASX | Semiconductors & Semi | Information Technology | 88373 | Taiwan | ASE Technology Holding, Lt |
| 3.96 | TER | Semiconductors & Semi | Information Technology | 73882 | US | Teradyne, |
| 3.92 | AMD | Semiconductors & Semi | Information Technology | 868409 | US | Advanced Micro Devices, |
| 3.92 | LRCX | Semiconductors & Semi | Information Technology | 502504 | US | Lam Research |
| 3.92 | ALAB | Semiconductors & Semi | Information Technology | 68220 | US | Astera Labs, |
| 3.92 | AMKR | Semiconductors & Semi | Information Technology | 21223 | US | Amkor Technology, |
| 3.88 | KLAC | Semiconductors & Semi | Information Technology | 338064 | US | KLA |
| 3.88 | MKSI | Semiconductors & Semi | Information Technology | 27714 | US | MKS |
| 3.80 | AMAT | Semiconductors & Semi | Information Technology | 530467 | US | Applied Materials, |
| 3.96 | KN | Electronic Equipment, | Information Technology | 3490 | US | Knowles |
| 3.92 | GLW | Electronic Equipment, | Information Technology | 196234 | US | Corning |
| 3.88 | TTMI | Electronic Equipment, | Information Technology | 21866 | US | TTM Technologies, |
| 3.88 | CGNX | Electronic Equipment, | Information Technology | 11074 | US | Cognex |
| 3.96 | FTNT | Software | Information Technology | 109846 | US | Fortinet, |
| 3.88 | PANW | Software | Information Technology | 238868 | US | Palo Alto Networks, |
| 3.84 | APPS | Software | Information Technology | 1226 | US | Digital Turbine, |
| 3.96 | DGII | Communications Equipm | Information Technology | 2608 | US | Digi International |
| 3.80 | EXTR | Communications Equipm | Information Technology | 4049 | US | Extreme Networks, |
| 3.96 | BMO | Banks | Financials | 121996 | Canada | Bank of Montreal |
| 3.96 | UMBF | Banks | Financials | 10896 | US | UMB Financial |
| 3.96 | CARE | Banks | Financials | 726 | US | Carter Bankshares, |
| 3.84 | BUSE | Banks | Financials | 2487 | US | First Busey |
| 3.80 | RY | Banks | Financials | 282354 | Canada | Royal Bank of Canada |
| 3.80 | KRNY | Banks | Financials | 574 | US | Kearny Financial. |
| 3.96 | PAYS | Financial Services | Financials | 432 | US | Paysign, |
| 3.92 | SEZL | Financial Services | Financials | 5506 | US | Sezzle |
| 3.96 | DAVE | Consumer Finance | Financials | 4104 | US | Dave |
| 3.96 | VIRT | Capital Markets | Financials | 5313 | US | Virtu Financial, |
| 3.92 | HWM | Aerospace & Defense | Industrials | 109285 | US | Howmet Aerospace |
| 3.92 | AIR | Aerospace & Defense | Industrials | 5434 | US | AAR. |
| 3.88 | WWD | Aerospace & Defense | Industrials | 26004 | US | Woodward, |
| 3.84 | CRS | Aerospace & Defense | Industrials | 29774 | US | Carpenter Technologyorati |
| 3.84 | ATRO | Aerospace & Defense | Industrials | 3750 | US | Astronics |
| 3.96 | AGX | Construction & Engine | Industrials | 10558 | US | Argan, |
| 3.92 | VICR | Electrical Equipment | Industrials | 15114 | US | Vicor |
| 3.80 | ESE | Machinery | Industrials | 9195 | US | ESCO Technologies |
| 3.96 | CXW | Commercial Services & | Industrials | 2905 | US | CoreCivic, |
| 3.96 | LQDA | Pharmaceuticals | Health Care | 6840 | US | Liquidia |
| 3.92 | ETON | Pharmaceuticals | Health Care | 954 | US | Eton Pharmaceuticals, |
| 3.88 | RPRX | Pharmaceuticals | Health Care | 24243 | US | Royalty Pharma plc |
| 3.80 | LGND | Pharmaceuticals | Health Care | 5931 | US | Ligand Pharmaceuticalsorpo |
| 3.96 | NBIX | Biotechnology | Health Care | 16508 | US | Neurocrine Biosciences, |
| 3.96 | KRYS | Biotechnology | Health Care | 10611 | US | Krystal Biotech, |
| 3.96 | VCYT | Biotechnology | Health Care | 4672 | US | Veracyte, |
| 3.88 | ASTH | Health Care Providers | Health Care | 2157 | US | Astrana Health, |
| 3.80 | AMN | Health Care Providers | Health Care | 1254 | US | AMN Healthcare Services, |
| 3.88 | CHEF | Consumer Staples Dist | Consumer Staples | 3848 | US | The Chefs' Warehouse, |
| 3.92 | MNST | Beverages | Consumer Staples | 93723 | US | Monster Beverage |
| 3.96 | NESR | Energy Equipment & Se | Energy | 2721 | US | National Energy Services Reuni |
| 3.96 | RSI | Hotels, Restaurants & | Consumer Discretionary | 3161 | US | Rush Street Interactive, |
| 3.80 | PSTL | Office REITs | Real Estate | 673 | US | Postal Realty Trust, |
0GPA38TB (* means Wkly fast and slow Fract individually, stronger then SPY).
| % Alloc | Sym | Name_currentList | Sym | Action | Sector | sharesHld | DlrHld | allocHld | Price |
|---|---|---|---|---|---|---|---|---|---|
| 6% | AMAT | APPLIED MATERIALS INC | AMAT | Information Technology | 1 | $626.8 | 5.1% | $626.84 | |
| 5% | AMD | ADVANCED MICRO DEVICES | AMD | Information Technology | 1 | $521.6 | 4.2% | $521.58 | |
| 5% | ANET | Arista Networks Inc | ANET | Information Technology | 4 | $630.4 | 5.1% | $157.6 | |
| 6% | APH | AMPHENOL CORP CL A | APH | Information Technology | 4 | $654.9 | 5.3% | $163.72 | |
| 5% | ARM | ArvinMeritor, Inc. | ARM | Information Technology | 2 | $668.5 | 5.4% | $334.27 | |
| 5% | ASML | A S M L Holding N.V. NY | ASML | Information Technology | 0 | $0.0 | 0.0% | $1794.62 | |
| 5% | BMO | BANK OF MONTREAL QUEBEC | BMO | Financials | 4 | $700.4 | 5.7% | $175.1 | |
| 5% | GOOG | Alphabet Inc Cl C | GOOG | Communication Services | 2 | $669.4 | 5.4% | $334.69 | |
| 5% | GOOGL | Alphabet Inc Cl A | GOOGL | Communication Services | 2 | $674.8 | 5.5% | $337.39 | |
| 5% | *KLAC | K L A TENCOR CORP | KLAC | Information Technology | 2 | $497.3 | 4.0% | $248.64 | |
| 5% | LRCX | LAM RESEARCH CORP | LRCX | Information Technology | 2 | $758.2 | 6.1% | $379.09 | |
| 5% | MS | MORGAN STANLEY | MS | Financials | 3 | $636.1 | 5.1% | $212.03 | |
| 6% | MU | MICRON TECHNOLOGY INC | MU | Information Technology | 1 | $1,132.3 | 9.1% | $1132.33 | |
| 5% | SCCO | SOUTHERN COPPER CORP | SCCO | Materials | 3 | $513.8 | 4.2% | $171.26 | |
| 5% | STX | SEAGATE TECHNOLOGY | STX | Information Technology | 1 | $899.9 | 7.3% | $899.9 | |
| 5% | TSM | TAIWAN SEMICONDUCTOR ADR | TSM | Information Technology | 1 | $432.4 | 3.5% | $432.35 | |
| 5% | WDC | WESTERN DIGITAL CORP | WDC | Information Technology | 1 | $586.5 | 4.7% | $586.45 | |
| 0% | ADI | ANALOG DEVICES | ADI | added | Information Technology | 0 | $0.0 | 0.0% | $386.91 |
| 0% | RY | ROYAL BANK OF CANADA | RY | added | Financials | 0 | $0.0 | 0.0% | $202.85 |
| 0% | *GS | GOLDMAN SACHS GROUP INC | GS | added | Financials | 0 | $0.0 | 0.0% | $1019.61 |
| 0% | *HWM | Howmet Aerospace Inc | HWM | added | Industrials | 0 | $0.0 | 0.0% | $268.87 |
| 0% | DELL | Dell Technologies Inc | DELL | added | Information Technology | 0 | $0.0 | 0.0% | $399.49 |
| 0% | GLW | CORNING INC | GLW | added | Information Technology | 0 | $0.0 | 0.0% | $221.05 |
| 6% | LLY | LILLY ELI & CO | removed | Health Care | 1 | $1,208.1 | 9.8% | $1208.12 | |
| 5% | CSCO | CISCO SYSTEMS INC | removed | Information Technology | 5 | $568.9 | 4.6% | $113.77 |
| Style</> | % Alloc | Shares | Symbol | Name | Date | |
|---|---|---|---|---|---|---|
| growth | 5.25 | 1 | MTUM | BlackRock Momentum | 2026-06-26 | |
| growth | 5.25 | 2 | XLK | Technology Select Sector | Early to Mid Cycle | 2026-06-26 |
| growth | 5.25 | 0 | SMH | Semiconductors | Early to Mid Cycle | 2026-06-26 |
| growth | 5.25 | 0 | QQQ | Growth | 2026-06-26 | |
| growth | 5.00 | 3 | UPRO | SP500 | 2026-06-26 | |
| growth | 4.50 | 2 | VTV | Large cap Value* | 2026-06-26 | |
| growth | 4.50 | 1 | VOT | Mid Cap Growth* | 2026-06-26 | |
| cyclical | 5.25 | 0 | XSD | Semiconductor | 2026-06-26 | |
| cyclical | 4.50 | 6 | XPH | Pharmaceuticals* | Late Cycle to Recession | 2026-06-26 |
| cyclical | 5.00 | 1 | IWM | Small Cap | 2026-06-26 | |
| cyclical | 5.00 | 2 | VXF | Extended Market | 2026-06-26 | |
| cyclical | 5.00 | 3 | IJR | Small Cap | 2026-06-26 | |
| cyclical | 4.50 | 5 | IEMG | Emerging Market | 2026-06-26 | |
| cyclical | 5.25 | 3 | XBI | Biotech | Early to Mid Cycle | 2026-06-26 |
| cyclical | 5.00 | 7 | EEM | Emerging Markets | 2026-06-26 | |
| cyclical | 5.25 | 7 | TQQQ | Growth | 2026-06-26 | |
| cyclical | 5.25 | 4 | XTN | Transportation | Mid to Late cycle | 2026-06-26 |
| cyclical | 5.25 | 4 | XHS | Health Care Services | Late Cycle to Recession | 2026-06-26 |
| Style</> | % Alloc | Shares | Symbol | Name | Date | |
|---|---|---|---|---|---|---|
| growth | 5.25 | 2 | VTV | Large cap Value* | 2026-06-26 | |
| growth | 5.25 | 1 | MTUM | BlackRock Momentum | 2026-06-26 | |
| growth | 5.25 | 0 | SMH | Semiconductors | Early to Mid Cycle | 2026-06-26 |
| growth | 5.25 | 2 | XLK | Technology Select Sector | Early to Mid Cycle | 2026-06-26 |
| cyclical | 5.25 | 3 | XBI | Biotech | Early to Mid Cycle | 2026-06-26 |
| cyclical | 5.25 | 4 | XHS | Health Care Services | Late Cycle to Recession | 2026-06-26 |
| cyclical | 5.25 | 0 | XSD | Semiconductor | 2026-06-26 | |
| cyclical | 5.25 | 2 | VXF | Extended Market | 2026-06-26 | |
| cyclical | 5.25 | 1 | IWM | Small Cap | 2026-06-26 | |
| # | %Alloc | Share | Sym | Name | Industry | Date | GPA | Ver |
|---|---|---|---|---|---|---|---|---|
| 2 | 33.33 | 1.8 | *FIX | Comfort Systems USA, Inc. | Construction & Engineering | 2026-06-26 | 3.88 | 2,3,4 |
| 3 | 33.33 | 13.4 | *KLAC | KLA Corporation | Semiconductors & Semiconducto | 2026-06-26 | 3.88 | 2,3,4 |
| 1 | 33.34 | 20.4 | APH | Amphenol Corporation | Electronic Equipment, Instrum | 2026-06-26 | 3.88 | 2,3,4 |
| Symbol | Bound | Osc | Max Fract | Percent tile | Draw Down | Draw Down 7yr | cagr 7Yr | Name | cagr By dd | score |
|---|---|---|---|---|---|---|---|---|---|---|
| ADI | 0.51 | 19 | 1.2 | 99 | -28 | -21 | 19.55 | Analog Devices Inc. | 93 | 9.7 |
| JBL | 0.47 | 19 | 1.0 | 99 | -47 | -30 | 42.02 | Jabil Inc. | 140 | 8.9 |
| TRGP | 0.70 | 9 | 1.1 | 88 | -85 | -61 | 32.38 | Targa Resources Corp. | 53 | 6.3 |
| GS | 0.55 | 8 | 1.1 | 99 | -49 | -29 | 26.47 | The Goldman Sachs Group Inc. | 91 | 4.4 |
| LLY* | 0.48 | 9 | 1.2 | 74 | -35 | -21 | 40.58 | Eli Lilly and Company | 193 | 4.3 |
| CDNS | 0.46 | 8 | 1.6 | 30 | -49 | -23 | 27.25 | Cadence Design Systems Inc. | 118 | 3.7 |
| CAH | 0.65 | 5 | 1.0 | 97 | -48 | -21 | 26.61 | Cardinal Health Inc. | 126 | 3.3 |
| WAB | 0.62 | 4 | 1.0 | 85 | -44 | -24 | 21.58 | Westinghouse Air Brake Technol | 89 | 2.5 |
| HLT | 0.72 | 3 | 1.1 | 71 | -31 | -31 | 19.70 | Hilton Worldwide Holdings Inc. | 63 | 2.2 |
| SPY | 1.00 | 1 | 1.0 | 95 | -33 | -19 | 14.05 | SNP500 | 73 | 1.0 |
| WMB | 0.47 | 2 | 1.2 | 97 | -68 | -33 | 16.04 | The Williams Companies Inc. | 48 | 0.9 |
| FTNT | 0.75 | 47 | 0.9 | 41 | -36 | -32 | 39.06 | Fortinet Inc. | 122 | 35.3 |
| AMD* | 0.40 | 79 | 0.9 | 77 | -77 | -55 | 50.43 | Advanced Micro Devices Inc. | 91 | 31.6 |
| FLEX | 0.46 | 67 | 0.9 | 99 | -59 | -27 | 47.87 | Flex Ltd. | 177 | 30.8 |
| INTC* | 0.21 | 126 | 0.3 | 99 | -65 | -70 | 15.02 | Intel Corporation | 21 | 26.5 |
| MU* | 0.24 | 106 | 0.9 | 99 | -61 | -44 | 63.00 | Micron Technology Inc. | 143 | 25.4 |
| PANW | 0.49 | 37 | 0.8 | 54 | -36 | -27 | 37.19 | Palo Alto Networks Inc. | 137 | 18.1 |
| KLAC | 0.23 | 52 | 1.3 | 99 | -37 | -28 | 54.78 | KLA Corporation | 195 | 12.0 |
| CAT | 0.35 | 31 | 0.9 | 99 | -46 | -26 | 33.05 | Caterpillar Inc. | 127 | 10.9 |
| GWW | 0.74 | 12 | 0.8 | 60 | -28 | -21 | 26.14 | W.W. Grainger Inc. | 124 | 8.9 |
| ODFL | 0.27 | 18 | 0.8 | 19 | -33 | -35 | 24.26 | Old Dominion Freight Line Inc | 69 | 4.9 |
| PWR | 0.44 | 11 | 1.1 | 99 | -47 | -22 | 51.40 | Quanta Services Inc. | 233 | 4.8 |
| FIX | 0.34 | 7 | 1.5 | 99 | -37 | -32 | 67.50 | Comfort Systems USA Inc. | 210 | 2.4 |
| CASY | 0.24 | 9 | 1.9 | 99 | -21 | -17 | 26.25 | Casey's General Stores Inc. | 154 | 2.2 |
| LIN | 0.68 | 3 | 0.8 | 9 | -20 | -18 | 14.56 | Linde plc | 80 | 2.0 |
| GEV | 0.21 | 5 | 1.2 | 96 | -25 | -25 | 146.32 | GE Vernova Inc. | 585 | 1.1 |
| APH | 0.23 | 4 | 1.1 | 98 | -34 | -23 | 31.67 | Amphenol Corporation | 137 | 0.9 |
| GOOGL* | 0.42 | 2 | 1.0 | 98 | -30 | -34 | 29.91 | Alphabet Inc. | 87 | 0.8 |
| AAPL* | 0.41 | 2 | 1.1 | 37 | -37 | -23 | 28.17 | Apple Inc. | 122 | 0.8 |
| GOOG* | 0.43 | 1 | 1.1 | 99 | -34 | -34 | 29.77 | Alphabet Inc. | 87 | 0.4 |
| HUBB | 0.39 | 0 | 0.9 | 73 | -24 | -20 | 22.14 | Hubbell Incorporated | 110 | 0.0 |
| ANET | 0.24 | -3 | 0.9 | 73 | -37 | -33 | 38.70 | Arista Networks Inc. | 117 | -0.7 |
| HWM | 0.29 | -4 | 1.7 | 81 | -15 | -15 | 62.22 | Howmet Aerospace Inc. | 414 | -1.2 |
| JPM* | 0.66 | -2 | 1.1 | 92 | -34 | -34 | 17.18 | JPMorgan Chase & Co. | 50 | -1.3 |
| TJX | 0.50 | -3 | 1.4 | 81 | -23 | -21 | 16.66 | The TJX Companies Inc. | 79 | -1.5 |
| AMZN* | 0.38 | -6 | 0.8 | 27 | -39 | -47 | 13.67 | Amazon.com Inc. | 29 | -2.3 |
| RTX | 0.51 | -5 | 0.9 | 47 | -22 | -22 | 16.19 | RTX Corporation | 73 | -2.6 |
| EME | 0.39 | -7 | 1.2 | 93 | -36 | -30 | 37.75 | EMCOR Group Inc. | 125 | -2.7 |
| TSLA* | 0.30 | -10 | 0.5 | 52 | -53 | -58 | 59.25 | Tesla Inc. | 102 | -3.0 |
| AVGO* | 0.20 | -16 | 1.3 | 92 | -23 | -26 | 44.21 | Broadcom Inc. | 170 | -3.2 |
| COST | 0.47 | -9 | 1.2 | 48 | -26 | -20 | 20.09 | Costco Wholesale Corporation | 100 | -4.2 |
| MSFT* | 0.24 | -20 | 1.2 | 31 | -30 | -29 | 15.76 | Microsoft Corporation | 54 | -4.8 |
| WMT* | 0.63 | -9 | 1.3 | 97 | -24 | -17 | 17.81 | Walmart Inc. | 104 | -5.7 |
| NVDA* | 0.36 | -16 | 1.1 | 62 | -58 | -52 | 74.03 | NVIDIA Corporation | 142 | -5.8 |
| META* | 0.27 | -30 | 0.9 | 12 | -30 | -30 | 106.13 | Meta Platforms Inc. | 353 | -8.1 |
| ORLY | 0.77 | -14 | 1.0 | 25 | -21 | -17 | 20.31 | O'Reilly Automotive Inc. | 119 | -10.8 |
| EXE | 0.49 | -46 | 0.4 | 67 | -60 | -24 | 42.69 | Expand Energy Corporation | 177 | -22.5 |
