The contest for second place in El Salvador's February 2027 legislative election remains closely matched among opposition parties because Nuevas Ideas holds dominant support from its security record and legislative majority. PCN leads trader pricing at 43 percent, followed by ARENA at 31 percent and Vamos at 20.5 percent, reflecting these groups' modest current representation, recent internal candidate selections in mid-2026, and limited polling showing single-digit shares for each. Fragmentation among smaller parties, including FMLN and GANA, prevents any one challenger from consolidating votes. Upcoming electoral board formations and potential coalition talks could shift momentum, while late polling or turnout patterns in key departments may create clearer separation before the February 28 vote.