Technology Sector Seasonality
How S&P 500 technology stocks have behaved through the calendar year, measured with XLK, the Technology Select Sector SPDR Fund, over the last 15 years. Its strongest month has been July (average +3.58%, higher in 14 of 15 years), and its weakest September (−1.06%, higher in 7 of 15).
Technology seasonality chart
Technology stocks seasonality by month
XLK has beaten the S&P 500 (SPY) on average in 9 of the 12 months, with its biggest edge in May (+1.60%).
| Month | XLK avg | Higher in | SPY avg |
|---|---|---|---|
| January | +1.70% | 9 of 15 yrs | +1.28% |
| February | +1.66% | 11 of 15 yrs | +1.12% |
| March | +0.97% | 10 of 15 yrs | +0.57% |
| April | +0.89% | 10 of 15 yrs | +1.18% |
| May | +2.63% | 10 of 15 yrs | +1.03% |
| June | +1.90% | 8 of 15 yrs | +1.37% |
| July | +3.58% | 14 of 15 yrs | +2.70% |
| August | +0.87% | 8 of 15 yrs | +0.16% |
| September | −1.06% | 7 of 15 yrs | −1.16% |
| October | +2.58% | 10 of 15 yrs | +2.17% |
| November | +3.23% | 12 of 15 yrs | +3.29% |
| December | +0.17% | 8 of 15 yrs | +0.31% |
From split- and dividend-adjusted prices, complete years only. See our methodology. Past performance does not guarantee future results.
Technology stocks in the S&P 500
75 stocks, largest first by market cap as of November 2026. Open any one for its own seasonality chart and best months.
Technology seasonality FAQ
What is the best month for technology stocks?
Measured by XLK over the last 15 years, July has been the strongest month, averaging +3.58% and rising in 14 of 15 years.
What is the worst month for technology stocks?
September has been the weakest, averaging −1.06% and rising in 7 of 15 years.
Which stocks are in the technology sector?
The 75 S&P 500 technology stocks listed on this page, led by AAPL, NVDA, MSFT, AVGO, MU by market cap.
Find the windows starting soon
The Index Scanner checks every stock in a sector at once. Free during beta.
Open the Index ScannerOther sectors
Compare them all in the best month for every sector ETF.