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What's New

Product updates, improvements and fixes across the KlickAnalytics platform.

Market Spreads & Ratios

New
Oct 16, 2025
 

See how one market stands against another—instantly.

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You can now chart synthetic pairs across major U.S. indices, sectors, factors, bonds, commodities, FX, and crypto—using metrics like DIFF, RATIO, PCTDIFF, and LOGSPREAD. Track classic relationships (e.g., XLY/XLP, IWM/SPY, SOXX/SPY, TLT/SPY, BTCUSD/QQQ) to spot leadership, rotation, and macro inflection points.

Why it matters

  • Find relative strength: See what’s leading vs lagging—across indices, sectors, and themes.

  • Time macro turns: Bonds vs stocks, USD vs gold, oil vs transports—view the spread, not just price.

  • Idea generation: Surface pairs breaking out or mean-reverting for faster trade discovery.

  • One click, clean math: No spreadsheets—metrics are computed and charted for you.

What you can do

Choose two symbols (we support $ prefixes if your symbol uses it).

Pick a metric: DIFF, RATIO, PCTDIFF, LOGSPREAD.

Plot as a time series, compare regimes, and add to your watchlists.

Example presets

  • Risk Appetite: XLY / XLP (consumer discretionary vs staples)

  • Size Rotation: IWM / SPY (small vs large)

  • Tech Heat: SOXX / SPY, XLK / SPY

  • Bond-Equity Pulse: TLT / SPY, IEF / TLT

  • Commodities vs Stocks: GLD / SPY, USO / SPY, GDX / GLD

  • Transports & Fuel: IYT / USO, DAL / USO, ODFL / UGA

  • Crypto Risk Proxy: BTCUSD / QQQ, ETHUSD / QQQ

Who it’s for

  • Traders: Rotation, spread setups, mean-reversion, and breakout scans.

  • Analysts/Economists: Intermarket confirmation (rates, FX, commodities vs equities).

  • Investors: Simple, visual context for portfolio tilts (value vs growth, defensives vs cyclicals).

Notes & conventions

  • Symbols are preserved exactly as you store them (including $ when applicable).

  • PCTDIFF = (A − B) / B and LOGSPREAD = ln(A / B).

  • You’ll see curated U.S. pairs out of the box; you can add your own anytime.

To access: From the top menu, click on Stocks > Indices > Spreads and Ratios