Software is ranked #2 of 49 industries by 3-month relative strength, with +16.08% excess return vs the S&P 500 over the last 63 trading days. It sits inside the Technology GICS sector and contains 364 stocks.
Climbing
This group traded 0.7× its typical dollar-volume today and accounted for 13.6% of total market dollar-volume — a read on how much participation is concentrated here right now.
Strength is spread across many constituents. Healthier rotation; setups likely available beyond the obvious names.
3 of 213 constituents are within 2% of a 52-week high.
A wide move (most names above their MAs) is healthier than a narrow one led by a handful of mega-caps.
Software publishers and computer programming, design, and integration services, plus information-retrieval services (SIC 7370–7375).
Software is one of 49 industries in the Fama-French taxonomy. SIC code-based classification published monthly by Ken French at Dartmouth. The FF49 groupings are intentionally coarser than GICS or SIC alone — useful for market-rotation reads, less useful for fine-grained screening.
FF49 is intentionally coarse — useful for rotation reads, less useful for fine-grained screening. Read the methodology →
As of Aug 24, 2026, the software industry is ranked #2 of 49 by 3-month relative strength versus the S&P 500. It is currently outperforming the market, with an excess return of +16.08% over the past 63 trading days.
The 1-month rank is #4, the 6-month rank is #2, and the 1-year rank is #46. Compare these to spot a rotation: a falling 6M rank with a rising 1M rank tells you the industry is turning — money is starting to come back.
The 364 constituents are ranked by relative strength above. See the full constituents table for per-name RS.
How many stocks are in the Software industry?
364 US-listed core stocks (common shares + ADRs) map to the Software Fama-French industry as of 2026-08-24.
What GICS sector does Software belong to?
Software maps to the Technology GICS sector.
How is relative strength computed?
Each constituent’s excess log-return versus the S&P 500 over the window, aggregated market-cap-weighted across the industry. Industries above zero are outpacing the broad market; below zero are lagging.