Monthly Investor Sentiment Index Insights Resources Our Data Pledge

Monthly Investor Sentiment Index

ISI Reading

The index is calculated as the relative share of individual investors that are net buyers of U.S. equity securities versus those that are net sellers or net neutral in a monthly time frame producing a reading between -100 and 100.  

Download April report

Download ISI time series

ISI Activity

The activity represents the index components such that “buying” - “selling” will net to the ISI. Dotted lines represent the historical average for each component.

April 2023

Key Observations

  • The April headline sentiment was bearish at -2.8.
  • Net trading hit historical lows as investors remained neutral in volatile markets.
  • Investors continued their negative tilt away from financial services and technology.