← Browse all charts Chart intent Is U.S. equity leadership still intact versus developed and emerging markets?
Market Signal
S&P 500 vs EFA vs EEM
A global equity leadership chart that rebases the S&P 500, EFA, and EEM to the same starting point so you can see whether U.S. stocks are still dominating developed and emerging markets.
Loading chart data…
Chart data did not load. The surrounding notes and downloads are still available.
The latest series values are listed below the chart. Visible-window CSV and full-history JSON downloads are available above.
Use Value for the raw series and % from view start to rebase the first visible value in the current window to 0%.
Historical Context
Toggle the market-event markers above when you want to line recent regime shifts up with the signal.
How To Read It
- When the S&P 500 line keeps separating higher, global leadership is still concentrated in U.S. equities.
- If EFA or EEM starts outperforming while U.S. breadth weakens, that usually signals a real regime shift rather than a one-day headline.
- Use this with the dollar and rates pages because global relative performance often turns when currency and liquidity pressure changes.
Next step Want the longer read behind this chart?
ChartVault keeps the chart free and focused. The broader interpretation and setups continue in the publications below.