SMH macro fit deteriorated 7pts this week.
3 contributing indexes 3 score components composite score.
Canonical asset packet first: macro index exposure, entry value, and active narrative alignment. Driver rows link back to the public index that moved the score.
| Index | Driver | Reason | Weight | Sigma | Contribution | As Of |
|---|---|---|---|---|---|---|
| RQRI | Risk-Quality Rotation Index | risk appetite | 16% | +0.84σ | +0.132 | 2026-05-20 |
| DCAI | Data Center & AI Infrastructure Index | ai semiconductor demand | 24% | -0.41σ | -0.125 | 2026-05-20 |
| CRSI | Credit Spread Intensity Index | credit spreads | 9% | +0.69σ | +0.067 | 2026-05-20 |
