Industrials Sector Seasonality
How S&P 500 industrials stocks have behaved through the calendar year, measured with XLI, the Industrial Select Sector SPDR Fund, over the last 15 years. Its strongest month has been November (average +4.54%, higher in 13 of 15 years), and its weakest September (−0.94%, higher in 8 of 15).
Industrials seasonality chart
Industrials stocks seasonality by month
XLI has beaten the S&P 500 (SPY) on average in 5 of the 12 months, with its biggest edge in November (+1.25%).
| Month | XLI avg | Higher in | SPY avg |
|---|---|---|---|
| January | +1.31% | 8 of 15 yrs | +1.28% |
| February | +1.95% | 10 of 15 yrs | +1.12% |
| March | +0.04% | 9 of 15 yrs | +0.57% |
| April | +0.44% | 8 of 15 yrs | +1.18% |
| May | +0.69% | 9 of 15 yrs | +1.03% |
| June | +0.79% | 8 of 15 yrs | +1.37% |
| July | +2.21% | 13 of 15 yrs | +2.70% |
| August | −0.16% | 8 of 15 yrs | +0.16% |
| September | −0.94% | 8 of 15 yrs | −1.16% |
| October | +2.42% | 9 of 15 yrs | +2.17% |
| November | +4.54% | 13 of 15 yrs | +3.29% |
| December | −0.00% | 9 of 15 yrs | +0.31% |
From split- and dividend-adjusted prices, complete years only. See our methodology. Past performance does not guarantee future results.
Industrials stocks in the S&P 500
82 stocks, largest first by market cap as of November 2026. Open any one for its own seasonality chart and best months.
Industrials seasonality FAQ
What is the best month for industrials stocks?
Measured by XLI over the last 15 years, November has been the strongest month, averaging +4.54% and rising in 13 of 15 years.
What is the worst month for industrials stocks?
September has been the weakest, averaging −0.94% and rising in 8 of 15 years.
Which stocks are in the industrials sector?
The 82 S&P 500 industrials stocks listed on this page, led by GE, CAT, RTX, GEV, DE by market cap.
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