Constituent dispersion · breadth vs the index
AIQ — Global X AI & Technology
Divergence over time — price vs breadth, by horizon
The hero read is the 1-month picture; here the same price↔breadth divergence across 1 week / 1 month / 1 quarter, computed over the 126-session history. A/D /name is net advancers-minus-decliners per covered constituent; % beating Δ and median−ETF Δ show how participation shifted. Price rising while those fall = the move is narrowing under the surface.
| Horizon | Price | A/D /name | % beating Δ | Median−ETF Δ | Read |
|---|---|---|---|---|---|
| 1 week | +2.26% | +0.45 | +1pp | -0.80pp | Confirming ↑ |
| 1 month | +2.92% | +0.59 | +6pp | +2.91pp | Confirming ↑ |
| 1 quarter | +4.51% | -0.5 | +30pp | +15.52pp | Weakening |
Over the last 126 sessions: price up +26.15%, breadth up (+1.82/name) · % beating 36→62 · median−ETF -7.28pp→+5.49pp.
Stocks above their moving average — participation breadth
Of the 66 covered constituents, the share trading above each simple moving average — the classic breadth gauge. A firm index price with a low %-above-MA is a narrow, top-heavy tape. As of 2026-08-12.
New highs & new lows — by horizon
How many of the 66 covered constituents closed today at a new high (or low) over each window, and the net. A shrinking net as the index holds up = fewer names leading.
| Horizon | New highs | New lows | Net |
|---|---|---|---|
| 5-Day | 16 (24%) | 17 (26%) | -1 |
| 1-Month | 10 (15%) | 4 (6%) | +6 |
| 3-Month | 3 (5%) | 2 (3%) | +1 |
| 6-Month | 2 (3%) | 1 (2%) | +1 |
| 52-Week | 1 (2%) | 1 (2%) | +0 |
| YTD | 1 (2%) | 1 (2%) | +0 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.90% | -0.73% | -1.63pp | 22 / 44 | 18 / 48 | 11 of 66 | ±4.6% |
| 5d | +2.26% | +1.90% | -0.36pp | 46 / 20 | 28 / 38 | 13 of 66 | ±7.58% |
| 21d | +2.92% | +8.41% | +5.49pp | 45 / 21 | 41 / 25 | 2 of 66 | ±15.43% |
| YTD | +25.38% | -7.33% | -32.72pp | 29 / 37 | 17 / 49 | 0 of 66 | ±60.74% |
Median − ETF below zero means the typical name is lagging the cap-weighted index — the move is top-heavy. "Beat" counts constituents outperforming the ETF over the window. Dispersion is the cross-sectional standard deviation of constituent returns — high = a stock-picker's tape, low = pure beta.
What drove the move — contribution = weight × return
Today (1d)
- MU+4.92%+0.3pp
- INTC+3.32%+0.16pp
- ORCL+5.36%+0.14pp
- CSCO+2.86%+0.12pp
- STX+7.03%+0.11pp
- META-3.38%-0.07pp
- APP-4.68%-0.06pp
- MSFT-2.26%-0.05pp
- AMZN-1.83%-0.05pp
- UBER-4.05%-0.04pp
This month (21d)
- MSFT+27.93%+0.6pp
- PLTR+27.91%+0.54pp
- ORCL+19.81%+0.51pp
- SAP+31.87%+0.46pp
- ACN+33.87%+0.27pp
- AMD-11.89%-0.6pp
- MU-7.31%-0.45pp
- TSLA-17.33%-0.39pp
- APP-32.34%-0.38pp
- INTC-6.32%-0.3pp
Each name's contribution = its index weight × its return — the percentage points it added to (green) or subtracted from (red) the ETF's move. Computed across covered names.
Leaders & laggards (21-day)
- ZBRA+45.47%
- SMCI+36.02%
- CRWV+34.76%
- ACN+33.87%
- SAP+31.87%
- APP-32.34%
- NXPI-17.78%
- TSLA-17.33%
- TDC-14.89%
- CDNS-14.24%
AIQ — constituent leadership race
$100 in each covered AIQ constituent at 2025-12-30, rebased to 100. Watch leadership change hands.
Each covered constituent started at $100 at the window open; the bars race by total return (top 12 shown). Decision-support, not investment advice.
Constituents — 66 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| MU Micron Technology | 6.15% | 911.29 | +4.92% | +2.03% | -7.31% | +219.43% | 17 |
| AMD Adv Micro Devices | 5.02% | 482.93 | +1.82% | +0.18% | -11.89% | +125.50% | 9 |
| INTC Intel Corp | 4.79% | 100.95 | +3.32% | -0.11% | -6.32% | +173.58% | 18 |
| CSCO Cisco Systems Inc | 4.05% | 123.88 | +2.86% | +1.96% | +5.80% | +62.56% | 39 |
| TSM Taiwan Semiconductor ADR | 3.22% | 429.15 | +1.68% | +3.66% | +2.08% | +41.54% | 35 |
| AAPL Apple Inc | 2.92% | 302.25 | -0.87% | -2.73% | -4.00% | +11.28% | 24 |
| AVGO Broadcom Ltd | 2.92% | 416.05 | -0.01% | -0.53% | +6.92% | +20.46% | 44 |
| NVDA Nvidia Corp | 2.76% | 224.09 | +3.03% | +2.22% | +5.80% | +20.30% | 41 |
| GOOGL Alphabet Cl A | 2.71% | 343.54 | -0.08% | -5.21% | -4.44% | +9.83% | 23 |
| ORCL Oracle Corp | 2.57% | 153.28 | +5.36% | +6.16% | +19.81% | -20.88% | 80 |
| AMZN Amazon.com Inc | 2.53% | 267.28 | -1.83% | -1.97% | +8.00% | +15.80% | 47 |
| NFLX Netflix Inc | 2.39% | 74.21 | -0.78% | +0.01% | +0.92% | -20.85% | 33 |
| TSLA Tesla Inc | 2.25% | 327.51 | -1.59% | +1.85% | -17.33% | -27.17% | 3 |
| META META Platforms Inc | 2.17% | 578.85 | -3.38% | -1.68% | -12.43% | -12.23% | 8 |
| MSFT Microsoft Corp | 2.15% | 492.43 | -2.26% | +1.02% | +27.93% | +2.05% | 89 |
| IBM Intl Business Machines | 1.96% | 235.98 | -1.02% | +0.74% | +8.71% | -19.88% | 50 |
| PLTR Palantir Technologies Cl A | 1.92% | 171.04 | -2.23% | +7.96% | +27.91% | -3.77% | 88 |
| MRVL Marvell Technology Inc | 1.83% | 217.08 | +2.25% | +2.87% | -2.41% | +155.76% | 27 |
| QCOM Qualcomm Inc | 1.75% | 163.07 | +0.24% | +3.52% | -8.44% | -4.05% | 14 |
| BABA Alibaba Group Holding ADR | 1.58% | 125.22 | -2.06% | -2.58% | +11.49% | -14.57% | 58 |
| STX Seagate Technology Holdings | 1.53% | 878.21 | +7.03% | +4.84% | -0.01% | +219.45% | 30 |
| SAP SAP Ag ADR | 1.44% | 204.15 | -2.64% | +3.46% | +31.87% | -15.96% | 92 |
| CRM Salesforce Inc | 1.20% | 193.32 | -2.10% | +0.18% | +15.37% | -26.84% | 67 |
| APP Applovin Corp Cl A | 1.18% | 303.76 | -4.68% | -27.30% | -32.34% | -54.92% | 0 |
| UBER UBER Technologies Inc | 1.10% | 75.36 | -4.05% | +10.53% | +4.55% | -7.77% | 38 |
| SHOP Shopify Inc | 1.02% | 150.41 | -1.44% | +4.28% | +19.68% | -6.56% | 79 |
| NOW Servicenow Inc | 0.82% | 124.94 | -2.04% | +6.59% | +19.16% | -18.44% | 77 |
| ACN Accenture Plc | 0.81% | 180.14 | +0.18% | +5.51% | +33.87% | -31.89% | 94 |
| CDNS Cadence Design Sys | 0.81% | 323.13 | -1.34% | -4.14% | -14.24% | +3.38% | 6 |
| SNPS Synopsys Inc | 0.67% | 412.32 | +0.34% | +2.87% | -3.19% | -12.22% | 26 |
| NOK Nokia Corp ADR | 0.66% | 10.32 | +9.32% | +7.72% | -11.79% | +60.65% | 11 |
| ADBE Adobe Systems Inc | 0.65% | 258.75 | -1.88% | -0.22% | +17.20% | -26.07% | 71 |
| SNOW Snowflake Inc Cl A | 0.61% | 332.26 | -0.56% | +4.87% | +20.41% | +51.47% | 82 |
| NXPI Nxp Semiconductors | 0.59% | 233.41 | -1.26% | +0.98% | -17.78% | +8.09% | 2 |
| DDOG Datadog Inc Cl A | 0.58% | 240.91 | -2.38% | -14.92% | -11.01% | +77.15% | 12 |
| HPE Hewlett Packard Enterprise | 0.56% | 58.79 | +8.11% | +10.47% | +18.62% | +146.33% | 76 |
| HUT Hut 8 Corp | 0.54% | 90.77 | +2.24% | -2.15% | -7.69% | +97.58% | 15 |
| TWLO Twilio | 0.40% | 246.62 | -3.65% | +27.64% | +13.22% | +73.38% | 61 |
| CLS Celestica Inc | 0.35% | 339.46 | +9.37% | -6.42% | -1.61% | +14.83% | 29 |
| OKTA Okta Inc Cl A | 0.32% | 147.30 | -2.02% | +0.18% | -4.73% | +70.35% | 20 |
| ERIC Ericsson ADR | 0.32% | 10.18 | +1.09% | +1.19% | +0.39% | +7.04% | 32 |
| CRWV Coreweave Inc Cl A | 0.30% | 107.73 | +19.28% | +19.85% | +34.76% | +50.44% | 95 |
| TDC Teradata Corp | 0.28% | 26.74 | -0.45% | +1.94% | -14.89% | -12.16% | 5 |
| TRI Thomson Reuters Corp | 0.27% | 102.61 | -2.13% | +4.06% | +11.85% | -20.46% | 59 |
| BIDU Baidu Inc ADR | 0.25% | 104.84 | -1.04% | -5.64% | -4.46% | -19.76% | 21 |
| DT Dynatrace Inc | 0.25% | 49.56 | -0.20% | -2.56% | +10.04% | +14.35% | 52 |
| AMBA Ambarella Inc | 0.24% | 83.53 | +0.77% | +2.05% | +14.58% | +17.91% | 62 |
| EXPN.LN Experian Plc | 0.24% | 2829.00 | -1.57% | -0.77% | +6.59% | -15.49% | 42 |
| SMCI Super Micro Computer | 0.23% | 37.61 | +19.02% | +24.04% | +36.02% | +28.49% | 97 |
| GEHC GE Healthcare Technologies | 0.23% | 72.28 | -0.65% | +2.90% | +17.29% | -11.80% | 73 |
| ZBRA Zebra Technologies | 0.23% | 378.37 | -1.22% | +2.54% | +45.47% | +55.82% | 98 |
| QUBT Quantum Computing Inc | 0.21% | 8.92 | -0.34% | +0.45% | +7.21% | -13.06% | 45 |
| AI C3.Ai Inc Cl A | 0.21% | 10.08 | -5.17% | +1.72% | +10.16% | -25.22% | 53 |
| WDAY Workday Inc | 0.21% | 175.29 | -3.30% | +2.73% | +25.38% | -18.39% | 85 |
| EFX Equifax Inc | 0.19% | 180.46 | -0.82% | +1.74% | +8.11% | -16.32% | 48 |
| PATH Uipath Inc Cl A | 0.17% | 15.26 | -2.93% | +10.42% | +27.81% | -6.89% | 86 |
| G Genpact Ltd | 0.17% | 33.95 | -0.03% | -3.74% | +15.01% | -27.07% | 65 |
| SNAP Snap Inc | 0.17% | 5.20 | -5.63% | -2.44% | +11.11% | -35.56% | 56 |
| ZS Zscaler Inc | 0.16% | 177.32 | -0.69% | +9.69% | +16.59% | -21.16% | 68 |
| SOUN Soundhound AI Inc Cl A | 0.16% | 7.40 | -0.13% | +15.09% | +10.61% | -25.78% | 55 |
| PEGA Pegasystems Inc | 0.16% | 31.35 | -5.20% | -1.45% | +2.18% | -47.44% | 36 |
| DXC Dxc Technology Company | 0.15% | 10.68 | -1.20% | -3.96% | +16.59% | -27.10% | 70 |
| GLOB Globant S.A. | 0.14% | 38.74 | -0.62% | +0.94% | +25.29% | -40.74% | 83 |
| WIX Wix.com Ltd | 0.14% | 68.75 | +3.06% | +6.47% | +30.43% | -33.82% | 91 |
| CCC CCC Intelligent Solutions Hldgs Inc | 0.14% | 6.97 | +1.46% | +7.89% | +14.83% | -12.33% | 64 |
| PONY Pony AI Inc ADR | 0.12% | 8.20 | -3.19% | +4.99% | +17.99% | -43.45% | 74 |
RS rank = the constituent's 21-day return percentile within the index (100 = strongest of the covered names). Weight is the index weight; returns use adjusted closes. Default sort: weight.
Other ETFs & indices
Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.