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 August 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.

August 2022

Key Observations

  • August's headline sentiment reading was bearish at -3.6.
  • August, a seasonally low trading month historically, saw higher than expected investor participation.
  • Investors rotated into energy, industrials, and basic materials while rotating out of healthcare, communications, and technology.