FAQs

Sector ETF Flows FAQs

Why does the indicator require a 1D timeframe or higher?

Sector ETFs report their total assets under management (AUM) and share counts at the end of the trading day. Therefore, accurate flow data is only available on a daily or higher timeframe.

What does a high Z-Score mean for a sector?

A Z-Score measures how many standard deviations a recent flow is from the historical average. A Z-Score above +2.0 indicates a statistically extreme inflow event (heavy accumulation), while a score below -2.0 indicates extreme distribution. These extremes can highlight periods of capitulation or euphoric buying.

Which sectors indicate a "Risk-On" environment?

Typically, strong inflows into Technology (XLK), Consumer Discretionary (XLY), and Communication Services (XLC) signal a "risk-on" appetite, indicating that investors are confident and seeking growth.

Which sectors indicate a "Risk-Off" environment?

When capital aggressively rotates into defensive sectors like Utilities (XLU), Consumer Staples (XLP), and Healthcare (XLV), it signals a "risk-off" environment, indicating investors are seeking safety and dividend yield over growth.

Can I hide specific sectors from the dashboard?

Yes. In the indicator settings, you can individually toggle each tracked sector ETF on or off, allowing you to create custom aggregate views or focus purely on a specific subset of the market.