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 | -3.63% | +0.98 | +23pp | +8.95pp | Improving |
| 1 month | -11.82% | -3.55 | +20pp | +12.69pp | Confirming ↓ |
| 1 quarter | +30.65% | +1.79 | +5pp | +1.11pp | Confirming ↑ |
Over the last 126 sessions: price up +21.61%, breadth down (-1.36/name) · % beating 51→50 · median−ETF +0.03pp→+0.08pp.
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 2026-07-02.
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 | 25 (38%) | 20 (30%) | +5 |
| 1-Month | 7 (11%) | 16 (24%) | -9 |
| 3-Month | 1 (2%) | 2 (3%) | -1 |
| 6-Month | 1 (2%) | 1 (2%) | +0 |
| 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 | -2.80% | -0.98% | +1.82pp | 28 / 38 | 45 / 21 | 7 of 66 | ±4.04% |
| 5d | -3.63% | +6.96% | +10.59pp | 44 / 22 | 50 / 16 | 2 of 66 | ±11.5% |
| 21d | -11.82% | -11.74% | +0.08pp | 10 / 56 | 33 / 33 | 6 of 66 | ±12.53% |
| YTD | +21.61% | -10.26% | -31.87pp | 29 / 37 | 14 / 52 | 0 of 66 | ±65.6% |
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)
- AAPL+4.84%+0.14pp
- NFLX+4.66%+0.11pp
- PLTR+2.84%+0.05pp
- ACN+4.74%+0.04pp
- MSFT+1.62%+0.03pp
- MU-5.49%-0.34pp
- INTC-5.25%-0.25pp
- AMD-4.26%-0.21pp
- MRVL-9.84%-0.18pp
- TSLA-7.49%-0.17pp
This month (21d)
- INTC+11.51%+0.55pp
- UBER+3.92%+0.04pp
- SHOP+2.09%+0.02pp
- CCC+11.82%+0.02pp
- OKTA+4.51%+0.01pp
- ORCL-42.65%-1.1pp
- AVGO-25.15%-0.73pp
- MU-8.32%-0.51pp
- CSCO-11.96%-0.48pp
- QCOM-26.55%-0.46pp
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)
- CCC+11.82%
- INTC+11.51%
- GEHC+5.77%
- ZBRA+5.01%
- OKTA+4.51%
- SMCI-45.74%
- ORCL-42.65%
- PONY-36.93%
- CRWV-31.46%
- CLS-28.83%
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% | 975.56 | -5.49% | -19.61% | -8.32% | +241.95% | 59 |
| AMD Adv Micro Devices | 5.02% | 517.82 | -4.26% | -2.77% | -0.71% | +141.79% | 77 |
| INTC Intel Corp | 4.79% | 120.35 | -5.25% | -9.42% | +11.51% | +226.15% | 97 |
| CSCO Cisco Systems Inc | 4.05% | 112.69 | -3.69% | -5.28% | -11.96% | +47.87% | 48 |
| TSM Taiwan Semiconductor ADR | 3.22% | 434.16 | -2.27% | -0.19% | -2.63% | +43.19% | 70 |
| AAPL Apple Inc | 2.92% | 308.63 | +4.84% | +12.17% | -2.08% | +13.63% | 74 |
| AVGO Broadcom Ltd | 2.92% | 360.45 | -2.41% | -4.87% | -25.15% | +4.36% | 20 |
| NVDA Nvidia Corp | 2.76% | 194.83 | -1.39% | -0.46% | -12.46% | +4.47% | 45 |
| GOOGL Alphabet Cl A | 2.71% | 359.91 | -0.36% | +4.71% | -0.48% | +15.07% | 79 |
| ORCL Oracle Corp | 2.57% | 140.27 | -1.56% | -8.00% | -42.65% | -27.59% | 2 |
| AMZN Amazon.com Inc | 2.53% | 242.67 | +0.40% | +6.90% | -5.40% | +5.13% | 64 |
| NFLX Netflix Inc | 2.39% | 77.65 | +4.66% | +9.52% | -6.82% | -17.18% | 62 |
| TSLA Tesla Inc | 2.25% | 393.45 | -7.49% | +4.89% | -7.15% | -12.51% | 61 |
| META META Platforms Inc | 2.17% | 582.90 | -4.90% | +7.37% | -2.46% | -11.62% | 71 |
| MSFT Microsoft Corp | 2.15% | 390.49 | +1.62% | +10.67% | -11.52% | -19.07% | 50 |
| IBM Intl Business Machines | 1.96% | 289.52 | +1.14% | +12.10% | -12.06% | -1.70% | 47 |
| PLTR Palantir Technologies Cl A | 1.92% | 129.30 | +2.84% | +20.54% | -15.03% | -27.26% | 38 |
| MRVL Marvell Technology Inc | 1.83% | 245.29 | -9.84% | -12.79% | -15.65% | +189.00% | 33 |
| QCOM Qualcomm Inc | 1.75% | 176.25 | -3.12% | -13.98% | -26.55% | +3.70% | 12 |
| BABA Alibaba Group Holding ADR | 1.58% | 96.14 | -1.89% | +1.13% | -25.83% | -34.41% | 17 |
| STX Seagate Technology Holdings | 1.53% | 820.16 | -10.38% | -20.01% | -11.49% | +198.34% | 52 |
| SAP SAP Ag ADR | 1.44% | 162.59 | +2.16% | +9.81% | -14.79% | -33.07% | 39 |
| CRM Salesforce Inc | 1.20% | 166.11 | +1.76% | +10.60% | -17.08% | -37.14% | 27 |
| APP Applovin Corp Cl A | 1.18% | 527.06 | -6.65% | +18.19% | -12.97% | -21.78% | 44 |
| UBER UBER Technologies Inc | 1.10% | 74.43 | +2.44% | +3.02% | +3.92% | -8.91% | 91 |
| SHOP Shopify Inc | 1.02% | 119.46 | -1.78% | +7.02% | +2.09% | -25.79% | 86 |
| NOW Servicenow Inc | 0.82% | 106.32 | +0.49% | +18.77% | -16.71% | -30.60% | 29 |
| ACN Accenture Plc | 0.81% | 137.35 | +4.74% | +9.16% | -26.24% | -48.07% | 14 |
| CDNS Cadence Design Sys | 0.81% | 373.14 | -1.22% | +1.33% | -10.39% | +19.37% | 55 |
| SNPS Synopsys Inc | 0.67% | 437.16 | -3.82% | -3.93% | -14.00% | -6.93% | 41 |
| NOK Nokia Corp ADR | 0.66% | 12.07 | -6.51% | -13.66% | -28.37% | +87.89% | 8 |
| ADBE Adobe Systems Inc | 0.65% | 219.72 | +4.14% | +13.60% | -16.17% | -37.22% | 30 |
| SNOW Snowflake Inc Cl A | 0.61% | 260.15 | -0.40% | +14.57% | -0.38% | +18.60% | 82 |
| NXPI Nxp Semiconductors | 0.59% | 273.36 | -2.08% | -8.47% | -15.53% | +26.59% | 35 |
| DDOG Datadog Inc Cl A | 0.58% | 260.36 | -1.56% | +17.84% | -3.26% | +91.46% | 68 |
| HPE Hewlett Packard Enterprise | 0.56% | 41.23 | -6.19% | -11.75% | -26.57% | +72.76% | 11 |
| HUT Hut 8 Corp | 0.54% | 97.14 | -8.18% | -17.45% | -26.97% | +111.45% | 9 |
| TWLO Twilio | 0.40% | 209.31 | +0.01% | +9.66% | -8.72% | +47.15% | 58 |
| CLS Celestica Inc | 0.35% | 336.21 | -7.03% | -6.97% | -28.83% | +13.73% | 6 |
| OKTA Okta Inc Cl A | 0.32% | 141.42 | +0.68% | +18.58% | +4.51% | +63.55% | 92 |
| ERIC Ericsson ADR | 0.32% | 10.79 | -0.74% | -2.44% | -21.47% | +13.46% | 23 |
| CRWV Coreweave Inc Cl A | 0.30% | 81.75 | -4.60% | -17.23% | -31.46% | +14.15% | 5 |
| TDC Teradata Corp | 0.28% | 34.56 | +0.29% | +10.88% | -5.34% | +13.53% | 65 |
| TRI Thomson Reuters Corp | 0.27% | 89.21 | +5.06% | +10.12% | +3.34% | -30.85% | 89 |
| BIDU Baidu Inc ADR | 0.25% | 113.30 | -3.93% | +8.95% | -17.13% | -13.29% | 26 |
| DT Dynatrace Inc | 0.25% | 44.77 | -1.34% | +11.15% | -0.44% | +3.30% | 80 |
| AMBA Ambarella Inc | 0.24% | 78.36 | -11.30% | +22.23% | -0.03% | +10.62% | 83 |
| EXPN.LN Experian Plc | 0.24% | 2644.00 | +0.84% | +4.92% | +1.30% | -21.02% | 85 |
| SMCI Super Micro Computer | 0.23% | 27.22 | -1.56% | -14.08% | -45.74% | -7.00% | 0 |
| GEHC GE Healthcare Technologies | 0.23% | 65.57 | +1.09% | +0.96% | +5.77% | -19.99% | 95 |
| ZBRA Zebra Technologies | 0.23% | 267.18 | -0.25% | +9.77% | +5.01% | +10.03% | 94 |
| QUBT Quantum Computing Inc | 0.21% | 9.05 | -4.03% | -0.44% | -26.12% | -11.79% | 15 |
| AI C3.Ai Inc Cl A | 0.21% | 9.06 | -3.92% | +3.54% | -18.96% | -32.79% | 24 |
| WDAY Workday Inc | 0.21% | 135.40 | +3.94% | +19.01% | -9.05% | -36.96% | 56 |
| EFX Equifax Inc | 0.19% | 172.07 | +6.10% | +13.26% | -2.29% | -20.21% | 73 |
| PATH Uipath Inc Cl A | 0.17% | 11.71 | +1.39% | +17.93% | -3.86% | -28.55% | 67 |
| G Genpact Ltd | 0.17% | 29.10 | +2.97% | +5.17% | -11.41% | -37.49% | 53 |
| SNAP Snap Inc | 0.17% | 4.84 | +1.89% | +11.52% | -15.97% | -40.02% | 32 |
| ZS Zscaler Inc | 0.16% | 147.33 | +0.60% | +19.01% | +2.21% | -34.50% | 88 |
| SOUN Soundhound AI Inc Cl A | 0.16% | 6.55 | -1.95% | +5.48% | -25.74% | -34.30% | 18 |
| PEGA Pegasystems Inc | 0.16% | 31.05 | -0.13% | +8.22% | -15.19% | -47.94% | 36 |
| DXC Dxc Technology Company | 0.15% | 9.91 | +3.88% | +20.41% | -0.90% | -32.35% | 76 |
| GLOB Globant S.A. | 0.14% | 32.51 | +3.57% | +17.24% | -23.11% | -50.27% | 21 |
| WIX Wix.com Ltd | 0.14% | 49.35 | +0.96% | +18.29% | -13.53% | -52.50% | 42 |
| CCC CCC Intelligent Solutions Hldgs Inc | 0.14% | 5.58 | +3.72% | +24.28% | +11.82% | -29.81% | 98 |
| PONY Pony AI Inc ADR | 0.12% | 6.83 | -6.31% | -1.44% | -36.93% | -52.90% | 3 |
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.