Constituent dispersion · breadth vs the index

AIQ — Global X AI & Technology

66/66 covered · 79% by weight · benchmark: AIQ price · closes through 2026-08-14 ·holdings as of 2026-06-16

Concentration 29.47% in top 5 29.5 effective names · HHI 339
RS vs S&P 500 21d +4.83pp sector return − SPY
RS vs Nasdaq-100 21d +4.68pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +8.24% · A/D +81 (+1.23/name)
AIQ price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections

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.

HorizonPriceA/D /name% beating ΔMedian−ETF ΔRead
1 week +1.34% +0.21 -9pp -7.38pp Confirming ↑
1 month +8.24% +1.23 -12pp -4.78pp Confirming ↑
1 quarter +2.84% -0.36 +23pp +13.80pp Weakening

Over the last 126 sessions: price up +29.83%, breadth up (+2.35/name) · % beating 33→55 · median−ETF -6.51pp→+1.69pp.

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 2026-08-14.

5-day 46.97% 31/66 above
20-day 81.82% 54/66 above
50-day 68.18% 45/66 above
100-day 68.18% 45/66 above
150-day 63.64% 42/66 above
200-day 54.69% 35/64 above
% of constituents above their 50-day average — breadth over the last year; 50% is the participation midpoint

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.

HorizonNew highsNew lowsNet
5-Day 11 (17%) 15 (23%) -4
1-Month 5 (8%) 1 (2%) +4
3-Month 0 (0%) 1 (2%) -1
6-Month 0 (0%) 1 (2%) -1
52-Week 0 (0%) 0 (0%) +0
YTD 0 (0%) 1 (2%) -1

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.65% -0.94% -0.29pp 21 / 44 29 / 37 24 of 66 ±2.63%
5d +1.34% +0.44% -0.90pp 34 / 32 23 / 43 17 of 66 ±6.89%
21d +8.24% +9.94% +1.69pp 52 / 14 36 / 30 3 of 66 ±15.86%
YTD +26.23% -5.59% -31.82pp 29 / 37 17 / 49 0 of 66 ±63.87%

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)

  • AMD+6.50%+0.33pp
  • MU+2.30%+0.14pp
  • STX+5.65%+0.09pp
  • BABA+1.35%+0.02pp
  • HUT+3.00%+0.02pp
  • AVGO-5.94%-0.17pp
  • INTC-1.97%-0.09pp
  • ORCL-3.65%-0.09pp
  • CSCO-1.58%-0.06pp
  • PLTR-2.78%-0.05pp

This month (21d)

  • MU+13.88%+0.85pp
  • PLTR+29.46%+0.57pp
  • ORCL+21.18%+0.54pp
  • MSFT+23.51%+0.51pp
  • STX+30.58%+0.47pp
  • APP-27.40%-0.32pp
  • TSLA-12.48%-0.28pp
  • META-11.24%-0.24pp
  • AAPL-8.20%-0.24pp
  • CDNS-10.92%-0.09pp

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)

  • SMCI+61.43%
  • CRWV+44.37%
  • ZBRA+41.88%
  • WIX+40.42%
  • WDAY+36.62%
  • APP-27.40%
  • NXPI-13.28%
  • TSLA-12.48%
  • META-11.24%
  • CDNS-10.92%

AIQ — constituent leadership race

$100 in each covered AIQ constituent at 2025-12-30, rebased to 100. Watch leadership change hands.

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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% 971.66 +2.30% +10.72% +13.88% +240.59% 59
AMD Adv Micro Devices 5.02% 514.39 +6.50% +6.42% +2.68% +140.19% 27
INTC Intel Corp 4.79% 102.50 -1.97% +0.84% +5.69% +177.78% 41
CSCO Cisco Systems Inc 4.05% 111.68 -1.58% -8.03% +1.84% +46.55% 24
TSM Taiwan Semiconductor ADR 3.22% 426.35 -0.96% +1.50% +4.05% +40.61% 32
AAPL Apple Inc 2.92% 305.93 +0.22% -2.28% -8.20% +12.64% 9
AVGO Broadcom Ltd 2.92% 392.99 -5.94% -8.13% +4.95% +13.79% 35
NVDA Nvidia Corp 2.76% 225.16 -0.06% +0.54% +8.56% +20.88% 47
GOOGL Alphabet Cl A 2.71% 345.90 -0.13% -2.37% -2.41% +10.59% 17
ORCL Oracle Corp 2.57% 150.52 -3.65% +2.38% +21.18% -22.30% 74
AMZN Amazon.com Inc 2.53% 262.65 -0.94% -4.31% +5.11% +13.79% 36
NFLX Netflix Inc 2.39% 78.16 -0.10% +5.42% +5.12% -16.64% 38
TSLA Tesla Inc 2.25% 342.27 +0.68% +4.17% -12.48% -23.89% 3
META META Platforms Inc 2.17% 589.85 -0.86% -0.38% -11.24% -10.56% 5
MSFT Microsoft Corp 2.15% 495.40 -0.30% -0.92% +23.51% +2.67% 80
IBM Intl Business Machines 1.96% 234.32 -1.19% -0.54% +6.97% -20.44% 42
PLTR Palantir Technologies Cl A 1.92% 174.04 -2.78% +1.18% +29.46% -2.09% 85
MRVL Marvell Technology Inc 1.83% 222.02 -0.07% +1.51% +17.91% +161.58% 70
QCOM Qualcomm Inc 1.75% 165.79 +0.61% -1.23% -2.83% -2.45% 14
BABA Alibaba Group Holding ADR 1.58% 123.81 +1.35% -3.58% +5.38% -15.53% 39
STX Seagate Technology Holdings 1.53% 973.44 +5.65% +19.77% +30.58% +254.09% 89
SAP SAP Ag ADR 1.44% 207.97 -0.63% +0.88% +28.66% -14.38% 83
CRM Salesforce Inc 1.20% 196.21 -2.56% +1.80% +13.63% -25.75% 58
APP Applovin Corp Cl A 1.18% 315.44 +0.89% -9.04% -27.40% -53.19% 0
UBER UBER Technologies Inc 1.10% 75.95 +0.09% +1.24% +2.58% -7.05% 26
SHOP Shopify Inc 1.02% 154.32 -2.66% +1.81% +23.40% -4.13% 79
NOW Servicenow Inc 0.82% 124.00 -2.55% -0.70% +19.22% -19.05% 73
ACN Accenture Plc 0.81% 176.89 -0.90% +0.67% +22.32% -33.12% 77
CDNS Cadence Design Sys 0.81% 324.82 +0.32% -4.25% -10.92% +3.92% 6
SNPS Synopsys Inc 0.67% 421.50 +2.37% +1.32% +1.07% -10.27% 23
NOK Nokia Corp ADR 0.66% 10.76 +1.89% +14.96% +3.66% +67.50% 29
ADBE Adobe Systems Inc 0.65% 264.02 -2.39% -0.45% +12.20% -24.56% 53
SNOW Snowflake Inc Cl A 0.61% 328.92 -2.51% -0.48% +21.81% +49.95% 76
NXPI Nxp Semiconductors 0.59% 234.71 +1.21% -2.09% -13.28% +8.69% 2
DDOG Datadog Inc Cl A 0.58% 255.46 +1.28% +9.20% -2.62% +87.85% 15
HPE Hewlett Packard Enterprise 0.56% 58.71 -1.86% +10.32% +30.09% +146.00% 88
HUT Hut 8 Corp 0.54% 85.44 +3.00% -3.56% -7.04% +85.98% 12
TWLO Twilio 0.40% 238.20 -4.50% -1.28% +15.24% +67.46% 62
CLS Celestica Inc 0.35% 335.05 -3.62% +5.42% +10.26% +13.34% 50
OKTA Okta Inc Cl A 0.32% 147.43 -4.85% -0.60% -0.21% +70.50% 20
ERIC Ericsson ADR 0.32% 10.27 +0.00% +1.18% +3.84% +7.99% 30
CRWV Coreweave Inc Cl A 0.30% 105.26 -0.97% +16.09% +44.37% +46.99% 97
TDC Teradata Corp 0.28% 27.68 +0.18% +1.06% -10.51% -9.07% 8
TRI Thomson Reuters Corp 0.27% 103.61 -2.32% +1.75% +4.85% -19.69% 33
BIDU Baidu Inc ADR 0.25% 103.67 -0.96% -5.51% -8.11% -20.66% 11
DT Dynatrace Inc 0.25% 49.14 -3.17% +0.35% +9.61% +13.38% 48
AMBA Ambarella Inc 0.24% 82.04 +0.10% -5.46% +29.63% +15.81% 86
EXPN.LN Experian Plc 0.24% 2890.00 +2.81% -0.24% +7.80% -13.67% 44
SMCI Super Micro Computer 0.23% 39.84 +1.74% +27.98% +61.43% +36.11% 98
GEHC GE Healthcare Technologies 0.23% 73.69 -0.14% +2.68% +12.22% -10.08% 55
ZBRA Zebra Technologies 0.23% 376.03 -0.95% -0.12% +41.88% +54.86% 95
QUBT Quantum Computing Inc 0.21% 9.01 +1.01% -1.85% +17.93% -12.18% 71
AI C3.Ai Inc Cl A 0.21% 9.93 -2.46% -2.84% +11.45% -26.34% 52
WDAY Workday Inc 0.21% 198.68 -3.76% +10.60% +36.62% -7.50% 92
EFX Equifax Inc 0.19% 180.85 -2.55% -0.94% +0.68% -16.14% 21
PATH Uipath Inc Cl A 0.17% 16.01 -4.02% +6.38% +33.08% -2.32% 91
G Genpact Ltd 0.17% 33.86 -1.48% -1.25% +8.46% -27.26% 45
SNAP Snap Inc 0.17% 5.41 +2.08% +1.50% +15.35% -32.96% 64
ZS Zscaler Inc 0.16% 183.60 -2.43% +8.85% +25.38% -18.37% 82
SOUN Soundhound AI Inc Cl A 0.16% 7.43 -0.67% -7.36% +17.75% -25.48% 68
PEGA Pegasystems Inc 0.16% 32.32 -3.49% -1.28% -1.82% -45.82% 18
DXC Dxc Technology Company 0.15% 10.79 -3.66% -0.46% +14.91% -26.35% 61
GLOB Globant S.A. 0.14% 37.38 -8.81% -0.05% +16.09% -42.82% 65
WIX Wix.com Ltd 0.14% 74.13 -7.41% +23.14% +40.42% -28.65% 94
CCC CCC Intelligent Solutions Hldgs Inc 0.14% 6.97 -2.11% +0.72% +12.97% -12.33% 56
PONY Pony AI Inc ADR 0.12% 8.14 -2.28% -0.12% +16.62% -43.86% 67

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.