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Outperformers#42 of 115 by 1M spread

Soybean vs the S&P 500 (SOYB): is it outperforming?

Over the past month, SOYB has outperformed the S&P 500 by 1.9 points. Here is where that puts it in the market rotation — updated daily.

1M spread vs SPY
+1.9 pts
Quadrant
Outperformers
Momentum
Strong
RS health
Strong
Holdings P/E

Where SOYB sits on the rotation map

Soybean highlighted against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window — the methodology explains the math.

SOYB vs SPY: head-to-head returns

SOYB (soybean) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means SOYB won that window.

Window
SOYB
SPY
Spread
1 week+3.7%+0.5%+3.2 pts
2 weeks+7.9%−1.1%+9.0 pts
1 month+5.8%+3.8%+1.9 pts
3 months+8.2%+2.0%+6.2 pts
6 months+14.2%+12.7%+1.4 pts
1 year+21.9%+19.9%+2.0 pts

Data as of 2026-08-28 · computed from daily adjusted closes · how we measure

The read

Soybean (SOYB) sits in the Outperformers quadrant of the rotation map: it has clearly beaten the S&P 500 by 1.9 points over the past month, on top of a 4.0-point advantage over the longer, time-shifted window. Ranked by one-month spread, it currently stands #42 of the 115 groups Zensei tracks.

On the shorter tape, SOYB's momentum reads strong: the recent hourly trend is positive across every lookback Zensei measures. SOYB's relative-strength line — its price ratio against the S&P 500 — is trading above its moving averages, the healthiest configuration we track. The two signals agree — the short-term tape and the longer trend point the same way.

The thing to watch from here is durability: outperformers that hold their one-month spread while the longer window keeps building tend to stay out front; a fading spread is the early exit signal.

What's inside SOYB

Top 1 of 1 tracked holdings, by portfolio weight.

Holding
Weight
1M
FGTXXGOLDMAN SACHS FS GOVERNMENT INSTL
43.2%+0.3%

Soybean vs the market — common questions

Is soybean outperforming the S&P 500?

Right now, yes: over the past month SOYB has outperformed the S&P 500 by 1.9 points. This page updates daily, so the answer reflects current market data rather than a dated article.

What is SOYB?

SOYB is Teucrium Soybean Fund, the fund Zensei uses to measure the soybean group against the S&P 500 benchmark (SPY).

What quadrant is soybean in right now?

As of the latest daily data, soybean is in the Outperformers quadrant — outperforming the S&P 500 on both the recent and the longer, time-shifted window. The quadrant rules are documented on the Zensei methodology page.

Related sectors

Track soybean against the whole market

Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.