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The best indicator for Industrials (XLI)

We backtested 382 indicators across daily, weekly and hourly charts on real Industrials (XLI) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling LONG right now — McGinley 100 Trend (Daily) has been long for 348 bars. Signal as of 2026-09-10.
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Key levels · as of 2026-09-10

Where Industrials (XLI) stands

170.55
last daily close (2026-09-10)
170.56
200-day simple moving average price 0.0% below
180.54
50-day simple moving average price 5.5% below
146.55–186.51
52-week range

Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.

Trend · Daily

McGinley 100 Trend

On the daily chart, this is the strongest risk-adjusted edge we found for Industrials (XLI) over ~27.4 years — trailing buy-and-hold by 0.5% CAGR.

9.0%
CAGR
0.64
Sharpe
-34.0%
Max DD
39.0%
Win rate
3.73
Profit factor
-0.5%
vs Buy&Hold
Chart

Industrials (XLI) on the daily chart

The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.

Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.

NOTHING BEAT BUY-AND-HOLD
Full strategy report — every setup ranked out-of-sample, corrected for data-mining, and forward-tracked in public.
Read the verdict
Confluence · Daily

Best multi-indicator combo

StochasticDeMarker

Going long only when all 2 agree was the strongest confluence setup we found for Industrials (XLI) — trailing buy-and-hold by 6.9% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

2.6%
CAGR
0.28
Sharpe
72.2%
Win rate
108
Trades
-6.9%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
McGinley 100 Trend
-0.5% · Sharpe 0.64
Weekly
Ulcer Index
-3.4% · Sharpe 0.64
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1McGinley 100 Trend Daily9.0%0.64-34.0%39.0%77-0.5%
2Ulcer Index Weekly5.9%0.64-17.7%57.6%33-3.4%
3McGinley 30 Trend Weekly9.4%0.63-30.5%44.0%250.0%
4McGinley 200 Trend Daily9.7%0.62-34.1%37.5%320.2%
5DEMA 20/50 Cross Weekly6.7%0.62-28.0%50.0%24-2.7%
6Volatility Stop (ATR) Weekly7.8%0.61-27.2%52.8%36-1.6%
7McGinley Dynamic Weekly7.9%0.59-36.3%45.8%59-1.4%
8HalfTrend Weekly7.4%0.58-26.1%66.7%30-2.0%
9McGinley 10/30 Cross Daily7.2%0.57-35.3%39.6%53-2.3%
10T3 200 Trend Daily5.8%0.57-24.6%44.1%59-3.7%
11Markov Regime (Confirmed) Weekly7.4%0.57-38.8%54.7%148-1.9%
12Half Trend Weekly7.3%0.57-26.1%66.7%30-2.0%
13KAMA 200 Trend Daily6.6%0.55-30.3%43.4%152-2.9%
14DeMarker (21) Weekly5.9%0.55-20.2%61.4%44-3.5%

= held up out-of-sample. Hypothetical, costs included. See methodology.

The leverage question

What it would take to beat buy & hold on Industrials (XLI)

2 of 662 tested setups beat buy-and-hold on Industrials (XLI) outright. Another 413 could get there with leverage they would survive — but 169 would be liquidated by their own drawdown before they caught it.

IndicatorBeats B&H unlevered Leverage neededLeverage survived
Zero-Lag LSMA1none needed3.97×
Markov Regime (Confirmed)1none needed2.66×
Sine-Weighted MA2.25×4.74×
QQE1.18×3.21×
Zero-Lag MACD1.24×4.16×
McGinley 30 Trend1.35×4.92×

Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way

What this means

For Industrials (XLI), McGinley 100 Trend on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.

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