The PerfChart below shows the nine small-cap sector ETFs and the Russell 2000 iShares (IWM). Notice that the SmallCap Consumer Discretionary ETF (PSCD) and the SmallCap Technology ETF (PSCT) led over the last five days with bigger gains. Throw in the SmallCap Industrials ETF (PSCI) and three of the four offensive sectors are leading. The SmallCap Financials ETF (PSCF) is, however, lagging with a smaller gain (neon green). The other five sectors on the right side of the chart sport smaller gains and are lagging.