ETF heat map

How to read the ETF heat map

The heat map shows today's percentage change for all 28 ETFs we track, grouped into six categories: leveraged and inverse, index, sector, gold and commodities, volatility, and thematic. Every fund has the same tile size, so a small fund and a very large one get equal space and colour alone shows the move. Green tiles are up on the day, red tiles are down, and a stronger colour means a bigger move, up to about 3%.

Patterns to look for

Bull and bear funds on the same index should move in opposite directions: on a day the Nasdaq-100 rises, TQQQ should be green and SQQQ red, each by roughly three times the index's move. Volatility products such as VXX and UVXY often move against the stock market on big days. Gold funds can move independently of stocks, while the gold-miners fund GDX often moves more than gold itself. Sector tiles show which part of the market is leading or lagging.

Leveraged tiles

Leveraged funds move more than the others by design, so they often show the strongest colours. Their 3× or −3× target applies to one day only; over longer periods compounding makes their returns differ from three times the index. The leveraged and inverse ETF page explains how the daily reset works.

Data and timing

Changes come from Yahoo Finance's regular US session, with no pre- or after-market trading, and may be delayed. Outside US market hours the map shows the last session's change. Select any tile to open that fund's page with its chart, returns, issuer, leverage and benchmark.

Going deeper

Each category page explains its group in more detail: which benchmarks the index funds follow, how the sector funds differ, why oil and VIX futures funds can drift away from the asset they track (commodities, volatility), and how the actively managed ARKK differs from index funds.