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 | -1.23% | -1.02 | +8pp | +2.69pp | Confirming ↓ |
| 1 month | -8.53% | -1.03 | +49pp | +16.05pp | Confirming ↓ |
| 1 quarter | +8.35% | -2.27 | +37pp | +13.96pp | Weakening |
Over the last 126 sessions: price up +10.42%, breadth down (-2.14/name) · % beating 23→70 · median−ETF -7.63pp→+7.52pp.
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 2026-07-24.
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 | 8 (12%) | 22 (33%) | -14 |
| 1-Month | 2 (3%) | 14 (21%) | -12 |
| 3-Month | 0 (0%) | 10 (15%) | -10 |
| 6-Month | 0 (0%) | 4 (6%) | -4 |
| 52-Week | 0 (0%) | 3 (5%) | -3 |
| YTD | 0 (0%) | 4 (6%) | -4 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -2.28% | +0.02% | +2.29pp | 33 / 32 | 47 / 19 | 13 of 66 | ±4.33% |
| 5d | -1.23% | -2.81% | -1.58pp | 22 / 44 | 26 / 40 | 5 of 66 | ±6.9% |
| 21d | -8.53% | -1.02% | +7.52pp | 30 / 36 | 46 / 20 | 2 of 66 | ±13.88% |
| YTD | +14.00% | -19.34% | -33.34pp | 25 / 41 | 16 / 50 | 0 of 66 | ±61.12% |
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)
- SAP+9.30%+0.13pp
- AAPL+3.53%+0.1pp
- IBM+3.65%+0.07pp
- NOW+7.44%+0.06pp
- CRM+4.29%+0.05pp
- MU-6.99%-0.43pp
- INTC-7.89%-0.38pp
- AMD-3.29%-0.17pp
- MRVL-7.21%-0.13pp
- ORCL-4.21%-0.11pp
This month (21d)
- AAPL+13.63%+0.4pp
- BABA+12.36%+0.2pp
- PLTR+8.30%+0.16pp
- META+6.73%+0.15pp
- SNOW+18.64%+0.11pp
- INTC-29.87%-1.43pp
- MU-12.17%-0.75pp
- ORCL-27.00%-0.69pp
- MRVL-29.80%-0.55pp
- TSLA-16.64%-0.37pp
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+29.62%
- WIX+20.68%
- DXC+19.79%
- SNOW+18.64%
- OKTA+16.80%
- NOK-34.11%
- INTC-29.87%
- MRVL-29.80%
- CRWV-28.75%
- ORCL-27.00%
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% | 920.95 | -6.99% | +8.48% | -12.17% | +222.81% | 24 |
| AMD Adv Micro Devices | 5.02% | 521.95 | -3.29% | +5.28% | +0.43% | +143.72% | 55 |
| INTC Intel Corp | 4.79% | 92.32 | -7.89% | -2.86% | -29.87% | +150.19% | 2 |
| CSCO Cisco Systems Inc | 4.05% | 114.17 | +1.25% | +1.99% | -4.64% | +49.82% | 39 |
| TSM Taiwan Semiconductor ADR | 3.22% | 403.41 | -2.93% | +1.27% | -8.49% | +33.05% | 30 |
| AAPL Apple Inc | 2.92% | 333.02 | +3.53% | -0.22% | +13.63% | +22.61% | 86 |
| AVGO Broadcom Ltd | 2.92% | 381.92 | -2.69% | +2.99% | -0.04% | +10.58% | 53 |
| NVDA Nvidia Corp | 2.76% | 206.84 | -0.92% | +1.99% | +3.94% | +11.04% | 59 |
| GOOGL Alphabet Cl A | 2.71% | 319.74 | +0.65% | -7.79% | -7.40% | +2.23% | 33 |
| ORCL Oracle Corp | 2.57% | 114.99 | -4.21% | -9.03% | -27.00% | -40.64% | 6 |
| AMZN Amazon.com Inc | 2.53% | 232.11 | -0.66% | -6.12% | -0.92% | +0.56% | 50 |
| NFLX Netflix Inc | 2.39% | 70.09 | +1.74% | +1.65% | -2.44% | -25.25% | 44 |
| TSLA Tesla Inc | 2.25% | 313.03 | -2.08% | -17.81% | -16.64% | -30.39% | 12 |
| META META Platforms Inc | 2.17% | 595.19 | -1.80% | -7.87% | +6.73% | -9.75% | 68 |
| MSFT Microsoft Corp | 2.15% | 381.70 | +0.03% | -3.08% | +4.44% | -20.89% | 61 |
| IBM Intl Business Machines | 1.96% | 214.19 | +3.65% | +0.71% | -18.55% | -27.28% | 11 |
| PLTR Palantir Technologies Cl A | 1.92% | 122.92 | -0.36% | -7.15% | +8.30% | -30.85% | 74 |
| MRVL Marvell Technology Inc | 1.83% | 194.23 | -7.21% | +2.94% | -29.80% | +128.84% | 3 |
| QCOM Qualcomm Inc | 1.75% | 166.97 | -2.42% | -2.80% | -15.42% | -1.76% | 18 |
| BABA Alibaba Group Holding ADR | 1.58% | 112.14 | -1.68% | -2.46% | +12.36% | -23.50% | 85 |
| STX Seagate Technology Holdings | 1.53% | 851.69 | -6.75% | +8.13% | -14.25% | +209.81% | 20 |
| SAP SAP Ag ADR | 1.44% | 160.00 | +9.30% | +0.60% | +4.75% | -34.13% | 62 |
| CRM Salesforce Inc | 1.20% | 163.66 | +4.29% | -4.16% | +7.14% | -38.07% | 70 |
| APP Applovin Corp Cl A | 1.18% | 391.98 | -1.72% | -7.67% | -15.70% | -41.83% | 17 |
| UBER UBER Technologies Inc | 1.10% | 65.94 | -4.31% | -9.00% | -10.71% | -19.30% | 26 |
| SHOP Shopify Inc | 1.02% | 113.75 | +1.56% | -7.94% | -0.37% | -29.33% | 52 |
| NOW Servicenow Inc | 0.82% | 98.78 | +7.44% | -4.32% | +5.31% | -35.52% | 67 |
| ACN Accenture Plc | 0.81% | 146.99 | +5.95% | +2.38% | +13.81% | -44.43% | 88 |
| CDNS Cadence Design Sys | 0.81% | 326.24 | -1.28% | -1.17% | -12.40% | +4.37% | 23 |
| SNPS Synopsys Inc | 0.67% | 373.47 | -0.01% | -2.81% | -19.50% | -20.49% | 9 |
| NOK Nokia Corp ADR | 0.66% | 9.10 | -6.47% | -10.08% | -34.11% | +41.66% | 0 |
| ADBE Adobe Systems Inc | 0.65% | 225.11 | +6.10% | -5.12% | +14.52% | -35.68% | 89 |
| SNOW Snowflake Inc Cl A | 0.61% | 268.06 | +1.11% | -0.31% | +18.64% | +22.20% | 94 |
| NXPI Nxp Semiconductors | 0.59% | 269.24 | -2.90% | +1.02% | -8.44% | +24.68% | 32 |
| DDOG Datadog Inc Cl A | 0.58% | 246.86 | +1.01% | -4.57% | +10.87% | +81.53% | 80 |
| HPE Hewlett Packard Enterprise | 0.56% | 47.69 | +0.10% | +4.08% | -2.17% | +99.82% | 47 |
| HUT Hut 8 Corp | 0.54% | 109.99 | -6.53% | +20.27% | -5.26% | +139.42% | 38 |
| TWLO Twilio | 0.40% | 191.46 | +3.46% | -7.41% | +1.66% | +34.60% | 56 |
| CLS Celestica Inc | 0.35% | 305.28 | -8.80% | +1.31% | -15.72% | +3.27% | 15 |
| OKTA Okta Inc Cl A | 0.32% | 138.50 | +1.76% | -7.26% | +16.80% | +60.17% | 92 |
| ERIC Ericsson ADR | 0.32% | 9.34 | +0.32% | -4.89% | -16.31% | -1.79% | 14 |
| CRWV Coreweave Inc Cl A | 0.30% | 71.88 | -11.37% | -1.82% | -28.75% | +0.38% | 5 |
| TDC Teradata Corp | 0.28% | 28.52 | +3.03% | -6.55% | -10.00% | -6.31% | 29 |
| TRI Thomson Reuters Corp | 0.27% | 90.15 | +5.20% | -6.29% | +11.32% | -30.12% | 82 |
| BIDU Baidu Inc ADR | 0.25% | 105.34 | -1.91% | -1.77% | -2.30% | -19.38% | 45 |
| DT Dynatrace Inc | 0.25% | 41.62 | +2.39% | -6.28% | +2.49% | -3.97% | 58 |
| AMBA Ambarella Inc | 0.24% | 68.06 | -3.47% | +10.06% | +8.05% | -3.92% | 73 |
| EXPN.LN Experian Plc | 0.24% | 2744.00 | +3.35% | +0.92% | +9.54% | -18.03% | 77 |
| SMCI Super Micro Computer | 0.23% | 30.10 | -3.53% | +24.48% | -7.24% | +2.84% | 35 |
| GEHC GE Healthcare Technologies | 0.23% | 60.58 | -2.22% | -3.89% | -6.63% | -26.07% | 36 |
| ZBRA Zebra Technologies | 0.23% | 259.92 | +1.16% | -2.80% | +4.90% | +7.04% | 64 |
| QUBT Quantum Computing Inc | 0.21% | 7.43 | -5.47% | -4.74% | -23.40% | -27.58% | 8 |
| AI C3.Ai Inc Cl A | 0.21% | 8.15 | +0.00% | -7.60% | -12.55% | -39.54% | 21 |
| WDAY Workday Inc | 0.21% | 135.34 | +5.84% | -6.52% | +14.61% | -36.99% | 91 |
| EFX Equifax Inc | 0.19% | 172.54 | +3.49% | -2.56% | +9.47% | -19.99% | 76 |
| PATH Uipath Inc Cl A | 0.17% | 10.84 | +6.27% | -10.78% | +5.14% | -33.86% | 65 |
| G Genpact Ltd | 0.17% | 31.26 | +2.93% | +1.20% | +9.57% | -32.85% | 79 |
| SNAP Snap Inc | 0.17% | 4.35 | -1.36% | -3.97% | -3.97% | -46.10% | 41 |
| ZS Zscaler Inc | 0.16% | 142.32 | +1.88% | -5.08% | +11.83% | -36.72% | 83 |
| SOUN Soundhound AI Inc Cl A | 0.16% | 6.16 | -0.96% | -1.75% | -2.84% | -38.21% | 42 |
| PEGA Pegasystems Inc | 0.16% | 26.82 | +3.11% | -16.60% | -10.27% | -55.04% | 27 |
| DXC Dxc Technology Company | 0.15% | 10.05 | +8.41% | +6.12% | +19.79% | -31.40% | 95 |
| GLOB Globant S.A. | 0.14% | 31.30 | +2.25% | -2.89% | +7.49% | -52.12% | 71 |
| WIX Wix.com Ltd | 0.14% | 51.41 | +5.28% | -0.08% | +20.68% | -50.51% | 97 |
| CCC CCC Intelligent Solutions Hldgs Inc | 0.14% | 5.82 | +1.39% | -3.80% | +29.62% | -26.79% | 98 |
| PONY Pony AI Inc ADR | 0.12% | 7.13 | -2.60% | +7.06% | -1.11% | -50.83% | 48 |
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.