SERIES: BAMLH0A0HYM2 (3.26)
VIXCLS (17.2)
INDPRO (103.9506)
UMCSENT (48.1)
CPIAUCSL (336.298)
CPILFESL (338.896)
DCOILWTICO (103.37)
MORTGAGE30US (7.24)
PCEPI (132.257)
ICSA (194000)
PAYEMS (159044)
UNRATE (4.2)
M2SL (23413.9)
NETLIQ (5745.73)
RRPONTSYD (4.375)
WALCL (6745635)
WTREGEN (999727)
DFII10 (2.63)
DGS10 (4.98)
DGS2 (4.61)
FEDFUNDS (3.75)
SOFR (3.94)
T10Y2Y (0.38)
FRED // SOFR
Secured Overnight Financing Rate (SOFR)
YIELDS Daily
OBSERVATION DATE: 2026-10-29 • UNIT: %
LATEST OBSERVATION
3.94 %
PRIOR / PERIOD Δ
3.94 (+ 0.00)
YOY CHANGE
-0.33 %
SOFR // Secured Overnight Financing Rate (SOFR) (%)1Y: -0.37 (-8.6%)
2026-10-29OBSERVATION: 3.94% (%)
11 S&P 500 GICS SECTOR PEARSON CORRELATION MATRIX VS. SOFR SORTED TAILWIND (+r) ──► HEADWIND (-r)
| ETF | GICS SECTOR | PEARSON r | CORRELATION BAR (-1 TO +1) | R² | BETA / REGIME TRANSMISSION |
|---|---|---|---|---|---|
| XLC | Communication Services | +0.11 r | | 1% | [+0.61% per +25 bps] Modest pro-cyclical beta benefit on rising SOFR |
| XLK | Technology | +0.06 r | | 0% | [+0.39% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLF | Financials | +0.05 r | | 0% | [+0.25% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLV | Health Care | +0.04 r | | 0% | [+0.17% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLY | Consumer Discretionary | +0.03 r | | 0% | [+0.2% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLP | Consumer Staples | +0.03 r | | 0% | [+0.09% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLI | Industrials | +0.02 r | | 0% | [+0.09% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLRE | Real Estate | +0.01 r | | 0% | [+0.06% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLB | Materials | -0.00 r | | 0% | [-0.02% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLE | Energy | -0.03 r | | 0% | [-0.2% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
| XLU | Utilities | -0.06 r | | 0% | [-0.29% per +25 bps] Low-beta regime neutral across 5Y SOFR cycle (261W) |
AI MACRO REGIME IMPACT BRIEF NEUTRAL
Secured Overnight Financing Rate (SOFR) (SOFR) Prints 3.94 % (Prior: 3.94 %)
Cross-asset regression across S&P 500 GICS sectors demonstrates significant factor dispersion to Secured Overnight Financing Rate (SOFR). Portfolio managers utilize SOFR inflections to rotate between short-duration cash-flow sectors and long-duration growth multiples.
▲ REGIME TAILWIND SECTORS
XLC // Communication Services
Modest pro-cyclical beta benefit on rising SOFR (Pearson r = +0.11, R² = 1%)
XLK // Technology
Low-beta regime neutral across 5Y SOFR cycle (261W) (Pearson r = +0.06, R² = 0%)
XLF // Financials
Low-beta regime neutral across 5Y SOFR cycle (261W) (Pearson r = +0.05, R² = 0%)
▼ REGIME HEADWIND SECTORS
XLU // Utilities
Low-beta regime neutral across 5Y SOFR cycle (261W) (Pearson r = -0.06, R² = 0%)
XLE // Energy
Low-beta regime neutral across 5Y SOFR cycle (261W) (Pearson r = -0.03, R² = 0%)
XLB // Materials
Low-beta regime neutral across 5Y SOFR cycle (261W) (Pearson r = -0.00, R² = 0%)
HISTORICAL ANALOG // Comparable to 2022–2025 post-ZIRP monetary normalization where real-rate sensitivity dominated equity factor attribution.
EQUITIES MOST SENSITIVE TO SOFR STOCK BETA
| TICKER | LAST | % CHG | CORR (r) |
|---|---|---|---|
| GS Financials | $894.55 | -3.58% | -0.68 |
| XOM Energy | $187.25 | +2.16% | + 0.60 |
| JPM Financials | $337.04 | -1.90% | -0.59 |
| AMZN Consumer Discretionary | $240.35 | -1.41% | -0.52 |
| AVGO Technology | $326.08 | -5.48% | -0.51 |
| AAPL Technology | $344.63 | -1.23% | -0.48 |
| NVDA Technology | $204.64 | -4.22% | -0.47 |
| CAT Industrials | $622.75 | -3.81% | -0.45 |
| NFLX Communication Services | $62.08 | +0.05% | -0.43 |
| GOOGL Communication Services | $279.84 | -1.40% | -0.43 |