This tracks how US Cybersecurity is performing against the S&P 500: the relative-strength read traders use to find themes gaining momentum and the strongest stocks within them. Look for three things: whether it is gaining or losing ground on the index, whether the move is broad or led by a few large names, and which stocks lead on relative strength.
Current read · as at 11 Sept 2026
US Cybersecurity is outperforming the S&P 500 but losing momentum (the weakening zone of the rotation chart). It is down 4.6% over the past month but up 31.7% year to date. 9 of 13 stocks are above their 50-day average, with broad participation across the theme. On 3-month relative strength, NTSK.US, QLYS.US and OKTA.US lead the theme.
Relative strength is measured against S&P 500, centred at 100. Above 100 means it outpaced the benchmark.
Performance charts
Rebased to 100 vs S&P 500
End of day
US Cybersecurity vs S&P 500
Rising = outperforming
100 = matches benchmark. Above = outpacing it; below = lagging.
What's underneath the leaders
End of day
Latest-day drivers
- QLYS.US-6.99%-0.54%
- TENB.US-5.99%-0.46%
- OKTA.US-2.69%-0.21%
Top 3 account for 51% of the total move.
Contribution is each holding's weight times its one-day move.
Emerging leaders (3-month rank)
- 1NTSK.US+12
- 2QLYS.US+8
- 3OKTA.US+1
- 4VRNS.US+1
- 5PANW.US-3
Rank 1 = strongest 3-month move. Delta is the rank change; positive means improving.
Breadth and Effective N measure how widely the basket is moving right now — a participation gauge, not a forecast.
Constituents
Weights and contribution to the basket move
CRWD.US | Crowdstrike Holdings Inc | $206.74 | -1.02% | 7.7% | -0.08% |
FTNT.US | Fortinet Inc | $156.07 | -1.75% | 7.7% | -0.13% |
GEN.US | Gen Digital Inc. | $30.26 | +0.98% | 7.7% | +0.08% |
NTSK.US | NTSK | $14.70 | -2.65% | 7.7% | -0.20% |
OKTA.US | Okta Inc | $166.50 | -2.69% | 7.7% | -0.21% |
PANW.US | Palo Alto Networks Inc | $330.65 | -2.32% | 7.7% | -0.18% |
QLYS.US | Qualys Inc | $150.28 | -6.99% | 7.7% | -0.54% |
RBRK.US | RBRK | $86.65 | -2.54% | 7.7% | -0.20% |
S.US | SentinelOne Inc | $19.75 | -0.30% | 7.7% | -0.02% |
SAIL.US | SailPoint, Inc. Common Stock | $17.24 | -2.27% | 7.7% | -0.17% |
TENB.US | TENB | $30.11 | -5.99% | 7.7% | -0.46% |
VRNS.US | VRNS | $45.12 | -0.84% | 7.7% | -0.06% |
ZS.US | Zscaler Inc | $164.54 | +0.65% | 7.7% | +0.05% |
CRWD.US
Crowdstrike Holdings Inc
- Last
- $206.74
- 1D
- -1.02%
- Weight
- 7.7%
- Contribution
- -0.08%
FTNT.US
Fortinet Inc
- Last
- $156.07
- 1D
- -1.75%
- Weight
- 7.7%
- Contribution
- -0.13%
GEN.US
Gen Digital Inc.
- Last
- $30.26
- 1D
- +0.98%
- Weight
- 7.7%
- Contribution
- +0.08%
NTSK.US
NTSK
- Last
- $14.70
- 1D
- -2.65%
- Weight
- 7.7%
- Contribution
- -0.20%
OKTA.US
Okta Inc
- Last
- $166.50
- 1D
- -2.69%
- Weight
- 7.7%
- Contribution
- -0.21%
PANW.US
Palo Alto Networks Inc
- Last
- $330.65
- 1D
- -2.32%
- Weight
- 7.7%
- Contribution
- -0.18%
QLYS.US
Qualys Inc
- Last
- $150.28
- 1D
- -6.99%
- Weight
- 7.7%
- Contribution
- -0.54%
RBRK.US
RBRK
- Last
- $86.65
- 1D
- -2.54%
- Weight
- 7.7%
- Contribution
- -0.20%
S.US
SentinelOne Inc
- Last
- $19.75
- 1D
- -0.30%
- Weight
- 7.7%
- Contribution
- -0.02%
SAIL.US
SailPoint, Inc. Common Stock
- Last
- $17.24
- 1D
- -2.27%
- Weight
- 7.7%
- Contribution
- -0.17%
TENB.US
TENB
- Last
- $30.11
- 1D
- -5.99%
- Weight
- 7.7%
- Contribution
- -0.46%
VRNS.US
VRNS
- Last
- $45.12
- 1D
- -0.84%
- Weight
- 7.7%
- Contribution
- -0.06%
ZS.US
Zscaler Inc
- Last
- $164.54
- 1D
- +0.65%
- Weight
- 7.7%
- Contribution
- +0.05%
Last price shown at full precision. Contribution is each holding's weight times its one-day move. A dash marks data pending after the latest end-of-day refresh.
Track US Cybersecurity with Swingfolio
Save this basket, get end-of-day updates, set price alerts, and journal your trades.
Create a free accountExplore more baskets
Compare every US sector and theme on the rotation chart and leaderboard.
Back to all US sectorsMethodology
Equal weighted. Equal-weighted basket seeded from US-listed cybersecurity software companies, screened nightly from end-of-day data. Active US common stocks only, with a market cap of at least USD 500 million and a 90-day average daily value traded of at least USD 2 million, top 20 by market cap.