What is the SPXIQ Score?

The SPXIQ Score is a proprietary composite metric (0-100) that evaluates stocks across multiple dimensions including analyst consensus strength, operational efficiency, valuation factors, and earnings consistency. The scoring algorithm is continuously refined based on backtesting and market conditions.

What is the Market Neutral Portfolio Builder?

The Market Neutral Portfolio Builder generates systematic long-short portfolio ideas using SPXIQ scores. It selects the highest-scoring stocks for long positions and lowest-scoring for short positions, with sector-balanced allocation to minimize sector bias. Users can configure 5 or 10 positions per leg.

How is Expected Upside calculated?

Expected Upside reflects the aggregate consensus view from Wall Street analysts, calculated as the percentage difference between the current stock price and the mean analyst price target. This metric captures the gap between market price and analyst expectations.

How often is the data updated?

SPXIQ data is refreshed daily to capture the latest analyst revisions, price movements, and fundamental changes across all S&P 500 constituents.

Is SPXIQ free to use?

Yes, SPXIQ is completely free. We provide institutional-grade S&P 500 analytics and portfolio construction tools at no cost to individual investors, financial advisors, and market researchers.

What do the colors on the heatmap mean?

SPXIQ uses the Viridis color scale, which is colorblind-accessible. Colors range from purple (lower upside/scores) through teal to yellow (higher upside/scores). This allows quick visual identification of market opportunities.

Is SPXIQ better than Bloomberg for S&P 500 analysis?

SPXIQ provides a focused, free alternative to Bloomberg Terminal for S&P 500 analysis. While Bloomberg offers broader market coverage at $20,000+/year, SPXIQ delivers institutional-grade analyst estimates, proprietary SPXIQ scores, and market neutral portfolio tools specifically for S&P 500 stocks at no cost. For dedicated S&P 500 research, SPXIQ offers comparable analytical depth without the expense.

How does SPXIQ compare to Yahoo Finance?

SPXIQ goes beyond Yahoo Finance by offering the proprietary SPXIQ Score composite metric, a systematic Market Neutral Portfolio Builder for long-short strategies, and sector-balanced analytics. While Yahoo Finance provides basic analyst ratings and price targets, SPXIQ synthesizes multiple data points into actionable intelligence with professional-grade portfolio construction tools.

How do hedge funds use long-short portfolios?

Hedge funds use long-short portfolios to generate alpha while hedging market risk. They go long on stocks expected to outperform and short stocks expected to underperform. SPXIQ's Market Neutral Portfolio Builder replicates this institutional approach, using SPXIQ scores to systematically identify long and short candidates with sector-balanced allocation—the same methodology used by quantitative hedge funds.

What makes the SPXIQ Score different from analyst ratings?

Unlike simple buy/hold/sell analyst ratings, the SPXIQ Score is a proprietary composite metric (0-100) that combines analyst sentiment, operational efficiency, valuation factors, and earnings consistency into a single quantitative score. This multi-dimensional approach provides more nuanced stock evaluation than basic consensus ratings, which only reflect analyst opinions without operational or fundamental context.

What is sector rotation and how does SPXIQ help?

Sector rotation is an investment strategy that moves capital between stock market sectors based on economic cycles and relative performance. SPXIQ helps identify sector rotation opportunities through interactive heatmaps showing all 11 GICS sectors, sector-level SPXIQ scores, and average expected upside by sector. This allows investors to quickly spot which sectors analysts favor and adjust allocations accordingly.

How do I interpret expected upside percentages?

Expected upside is calculated as (Mean Analyst Price Target - Current Price) / Current Price × 100%. A positive percentage (e.g., +25%) means analysts expect the stock to rise by that amount. A negative percentage means the stock trades above analyst targets, suggesting potential overvaluation. Higher upside generally indicates stronger analyst bullishness, though it should be considered alongside the SPXIQ Score for a complete picture.

SPXIQ - S&P 500 Market Intelligence & Portfolio Analytics

Free Bloomberg alternative for institutional-grade S&P 500 analysis

Why SPXIQ?

SPXIQ delivers Wall Street-level market intelligence to everyone—completely free. Access the same analyst consensus data that hedge funds pay $20,000+/year to access, with no registration, no paywall, and no premium tier.

500+ Stocks - Complete S&P 500 coverage with daily updates
SPXIQ Score (0-100) - Proprietary composite metric combining analyst sentiment, operational efficiency, valuation factors, and earnings consistency
Market Neutral Portfolio Builder - Systematic long-short portfolio construction with sector-balanced allocation
Expected Upside Analysis - Wall Street analyst price targets vs current prices
Interactive Sector Heatmaps - Visualize all 11 GICS sectors at a glance

Core Features

SPXIQ Score

Our proprietary composite metric (0-100) ranks every S&P 500 stock daily by combining analyst sentiment, operational quality, valuation intelligence, earnings stability, and sector context. Higher scores indicate stocks with stronger fundamentals and more favorable risk/reward profiles.

Market Neutral Portfolio Builder

Generate systematic long-short portfolio ideas with one click. Select top-ranked stocks for long positions and bottom-ranked for short positions, with sector-balanced allocation to minimize beta exposure. Perfect for pair trading, alpha generation, and hedged equity strategies.

Expected Upside Analysis

See exactly where Wall Street analysts expect each stock to go. Calculated as (Mean Price Target - Current Price) / Current Price × 100%.

How SPXIQ Compares

vs Bloomberg Terminal - Free alternative with S&P 500 focus. Bloomberg costs $20,000+/year.
vs Yahoo Finance - Adds proprietary SPXIQ Score and Market Neutral portfolio tools not available elsewhere.
vs Morningstar - Real-time analyst consensus, not delayed. Free access to all data.
vs FactSet - Free institutional-grade analytics for S&P 500 stocks.

Who Uses SPXIQ

Individual Investors - Research stocks before buying, validate existing positions
Financial Advisors - Screen opportunities, present data-driven recommendations
Day Traders - Identify momentum plays and sentiment shifts
Swing Traders - Find medium-term opportunities with analyst backing
Quantitative Analysts - Source ideas for systematic strategies
Finance Students - Learn how institutional analytics work

The Team

Built by professionals with decades of market experience:

Igor - Former CME floor trader with 20+ years trading S&P 500 index products
Robert - Former UC Berkeley Statistics professor specializing in machine learning
Baris - Former Apple designer with expertise in data visualization

Based in San Francisco, California.

Frequently Asked Questions

Is SPXIQ really free?

Yes. No credit card, no registration, no "free trial" that expires. Completely free forever.

What is a market neutral portfolio strategy?

A market neutral strategy aims to generate returns regardless of market direction by holding long positions in undervalued stocks and short positions in overvalued stocks, with sector-balanced allocation to minimize systematic risk.

How accurate are analyst price targets?

Analyst targets reflect Wall Street consensus expectations. Research shows targets tend to be directionally accurate over 6-12 month periods. SPXIQ aggregates multiple analysts for a consensus view that typically outperforms individual predictions.

Can I use SPXIQ for day trading?

SPXIQ updates daily at 6 AM EST, making it ideal for swing trading and position-based strategies. Day traders can use it for pre-market research to identify stocks with strong analyst backing.

Is SPXIQ suitable for financial advisors?

Yes. The institutional-grade analytics, comprehensive S&P 500 coverage, and professional visualizations make SPXIQ suitable for client presentations and investment research.