E*TRADE from Morgan Stanley releases monthly sector rotation study in US-traded stocks; Financials deepest net selling.

E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study | Morgan Stanley

E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, which indicates whether clients were net buyers or sellers in each of the 11 core stock market sectors defined by the Global Industry Classification Standard (GICS). These figures, which encompass activity in all US-traded stocks (including OTC) and ADRs, reflect purchases and sales of the individual stocks in each sector, as well as dividend investments and options exercises and assignments.

The three sectors with the most net-buying activity were Materials (+6.85%), Communication Services (+4.30%), and Industrials (+3.06%). The sectors with the most net-selling activity were Financials (-5.47%), Consumer Staples (-3.08%), and Energy (-2.92%).

About E*TRADE from Morgan Stanley and Important Notices

E*TRADE from Morgan Stanley provides financial services to retail customers.

Securities products and advisory services offered by Morgan Stanley Smith Barney LLC, Member SIPC and a Registered Investment Adviser. Commodity futures and options on futures products and services offered by ETRADE Futures LLC, Member NFA. Stock plan administration solutions and services offered by ETRADE Financial Corporate Services, Inc., and are a part of Morgan Stanley at Work. Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC. All entities are separate but affiliated subsidiaries of Morgan Stanley.

More information is available at www.etrade.com .

The material provided by Morgan Stanley Smith Barney LLC (“Morgan Stanley”) or its affiliates) is for educational purposes only and is not an individualized recommendation. This information neither is, nor should be construed as, an offer or a solicitation of an offer to buy, sell, or hold any security, financial product, or instrument discussed herein or to engage in any specific investment strategy by Morgan Stanley.

Past performance does not guarantee future results.

ETRADE from Morgan Stanley, ETRADE, and the E*TRADE logo are registered trademarks of Morgan Stanley or its affiliates.

E*TRADE Media Relations 646-521-4418 mediainq@etrade.com

For media inquiries, send an email to Media Inquiries

Client Login Client Login Morgan Stanley Online Morgan Stanley at Work Research Portal Matrix Morgan Stanley Online Morgan Stanley at Work Research Portal Matrix

Our Insights Our Insights Personal Finance Market Trends Technology & Disruption Sustainability Diversity & Inclusion Morgan Stanley Institute STAY UP TO DATE Sign Up For the Five Ideas Newsletter Listen To Our Podcasts At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Personal Finance Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Market Trends From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today’s markets. At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Technology & Disruption Whether it’s hardware, software or age-old businesses, everything today is ripe for disruption. Stay abreast of the latest trends and developments. At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Sustainability Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics. At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Diversity & Inclusion Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. Hear their stories and learn about how they are redefining the terms of success. At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Morgan Stanley Institute Signal that moves capital. The Morgan Stanley Institute delivers integrated insights on the defining questions for financial decision makers. Featured 2026 Midyear Outlooks Insights Hard Lessons Insights Founding the New Economy Morgan Stanley Institute

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Personal Finance Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals.

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Market Trends From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today’s markets.

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Technology & Disruption Whether it’s hardware, software or age-old businesses, everything today is ripe for disruption. Stay abreast of the latest trends and developments.

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Sustainability Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics.

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Diversity & Inclusion Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. Hear their stories and learn about how they are redefining the terms of success.

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today’s most critical issues. Morgan Stanley Institute Signal that moves capital. The Morgan Stanley Institute delivers integrated insights on the defining questions for financial decision makers.

What We Do What We Do Wealth Management Investment Banking & Capital Markets Sales & Trading Research Investment Management Morgan Stanley at Work Sustainable Investing Inclusive & Sustainable Ventures Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Wealth Management We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals. Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Banking & Capital Markets We have global expertise in market analysis and in advisory and capital-raising services for corporations, institutions and governments. Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sales & Trading Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services. Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Research We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions. Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Management We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors. Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Morgan Stanley at Work We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology. Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sustainable Investing We offer scalable investment products, foster innovative solutions and provide actionable insights across sustainability issues. Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Inclusive & Sustainable Ventures From our startup lab to our cutting-edge research, we broaden access to capital for entrepreneurs and spotlight their success. Featured Get Matched with a Financial Advisor Wealth Management Explore What We Offer E*TRADE from Morgan Stanley Watch Our Client Success Stories The Morgan Stanley Blueprint

Investment Banking & Capital Markets

Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Wealth Management We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals.

Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Banking & Capital Markets We have global expertise in market analysis and in advisory and capital-raising services for corporations, institutions and governments.

Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sales & Trading Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services.

Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Research We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions.

Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Management We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors.

Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Morgan Stanley at Work We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology.

Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sustainable Investing We offer scalable investment products, foster innovative solutions and provide actionable insights across sustainability issues.

Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Inclusive & Sustainable Ventures From our startup lab to our cutting-edge research, we broaden access to capital for entrepreneurs and spotlight their success.

About Us About Us Core Values Leadership History Locations Diversity Sustainability Giving Back Technology Sponsorships Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Core Values Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. Since our fo