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Constituent dispersion · breadth vs the index

ARKK — ARK Innovation

42/42 covered · 94% by weight · benchmark: ARKK price · closes through 2026-09-24 ·holdings as of 2026-06-16

Concentration 32.09% in top 5 24.39 effective names · HHI 410
RS vs S&P 500 21d +6.00pp sector return − SPY
RS vs Nasdaq-100 21d +1.90pp sector return − QQQ
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price +6.17% · A/D -17 (-0.4/name)
ARKK 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 +5.50% +0.88 +5pp +4.92pp Confirming ↑
1 month +6.17% -0.4 +9pp +4.90pp Weakening
1 quarter +19.81% -0.6 -12pp -7.08pp Weakening

Over the last 126 sessions: price up +36.07%, breadth up (+0.79/name) · % beating 44→45 · median−ETF -1.79pp→-1.49pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +2.15% +1.11% -1.04pp 27 / 14 13 / 29 10 of 42 ±4.12%
5d +5.50% +4.03% -1.47pp 30 / 12 20 / 22 3 of 42 ±7.8%
21d +6.17% +4.68% -1.49pp 25 / 17 19 / 23 3 of 42 ±13.72%
YTD +19.21% +8.11% -11.10pp 27 / 14 14 / 27 0 of 41 ±104.77%

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)

  • TWST+16.11%+0.51pp
  • TEM+7.38%+0.36pp
  • TXG+11.23%+0.32pp
  • AMD+2.38%+0.12pp
  • VCYT+10.77%+0.11pp
  • HOOD-1.53%-0.08pp
  • TSLA-0.57%-0.06pp
  • DE-2.05%-0.02pp
  • BLSH-1.05%-0.02pp
  • BWXT-2.21%-0.02pp

This month (21d)

  • AMD+31.32%+1.58pp
  • TEM+19.66%+0.97pp
  • TXG+29.96%+0.84pp
  • TSLA+7.91%+0.82pp
  • TWST+21.54%+0.69pp
  • BEAM-20.53%-0.62pp
  • CRSP-8.54%-0.41pp
  • SHOP-5.67%-0.25pp
  • ROKU-4.02%-0.19pp
  • AMZN-4.47%-0.11pp

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)

  • META+36.41%
  • AMD+31.32%
  • TXG+29.96%
  • RBLX+24.82%
  • BLSH+23.95%
  • FIG-21.75%
  • BEAM-20.53%
  • SOFI-11.58%
  • KTOS-10.68%
  • NTLA-9.99%

ARKK — constituent leadership race

$100 in each covered ARKK 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 — 42 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
TSLA Tesla Inc 10.43% 377.94 -0.57% +3.21% +7.91% -15.96% 60
AMD Adv Micro Devices 5.06% 629.26 +2.38% +15.44% +31.32% +193.83% 95
HOOD Robinhood Markets Inc Cl A 4.95% 120.82 -1.53% +10.03% +7.79% +6.83% 57
TEM Tempus AI Cl A 4.94% 82.24 +7.38% +2.34% +19.66% +39.27% 79
CRSP Crispr Therapeutics Ag 4.77% 55.70 -0.11% -2.83% -8.54% +6.22% 12
ROKU Roku Inc 4.72% 153.33 -0.10% -0.49% -4.02% +41.33% 31
SHOP Shopify Inc 4.34% 145.16 +1.98% +12.88% -5.67% -9.82% 21
COIN Coinbase Global Cl A 3.70% 199.21 +0.55% +14.51% +6.44% -11.91% 55
CRCL Circle Internet Group Inc Cl A 3.48% 93.00 +1.40% +9.30% +1.06% +17.28% 40
TWST Twist Bioscience Corp 3.19% 184.03 +16.11% +18.30% +21.54% +480.17% 83
BEAM Beam Therapeutics Inc 3.00% 24.66 +1.19% -0.04% -20.53% -11.04% 2
PLTR Palantir Technologies Cl A 2.90% 192.59 +0.42% +9.28% +11.50% +8.35% 71
TXG 10X Genomics Inc 2.82% 84.11 +11.23% +9.28% +29.96% +415.70% 93
RBLX Roblox Corp Cl A 2.57% 48.83 -0.33% +2.80% +24.82% -39.74% 90
AMZN Amazon.com Inc 2.51% 249.38 +0.04% -0.72% -4.47% +8.04% 24
CRWV Coreweave Inc Cl A 2.47% 90.13 +3.72% +12.83% +2.37% +25.86% 45
GOOG Alphabet Cl C 1.91% 339.01 +1.20% -1.36% -1.20% +8.11% 38
BLSH Bullish Ord Shs 1.80% 39.69 -1.05% +13.69% +23.95% +4.81% 88
NVDA Nvidia Corp 1.73% 224.58 -0.41% +2.39% +5.41% +20.57% 50
BMNR Bitmine Immersion Technologies 1.54% 28.03 +2.08% +17.33% +12.93% +3.24% 76
XYZ Block Inc 1.52% 76.74 +2.76% +0.35% -7.23% +17.90% 19
ILMN Illumina Inc 1.44% 273.90 +7.25% +11.71% +21.74% +108.83% 86
NTRA Natera Inc 1.26% 408.79 +4.61% +11.60% +21.41% +78.44% 81
BABA Alibaba Group Holding ADR 1.25% 110.63 -0.15% +1.93% -7.38% -24.53% 17
DE Deere & Company 1.20% 694.94 -2.05% +1.36% +10.19% +49.70% 67
ACHR Archer Aviation Inc 1.17% 5.71 +0.00% +5.74% -4.19% -24.07% 26
AVGO Broadcom Ltd 1.15% 350.36 -1.30% +1.06% -1.79% +1.44% 33
CBRS Cerebras Systems Inc Cl A 1.10% 206.41 +0.57% +6.32% +12.23% — 74
NTLA Intellia Thera CS 1.10% 12.16 -1.38% -0.82% -9.99% +35.26% 10
VCYT Veracyte Inc 1.04% 48.54 +10.77% +19.65% +10.22% +15.30% 69
KTOS Kratos Defense & Security Inc 1.01% 47.02 +1.86% -1.34% -10.68% -38.06% 7
TSM Taiwan Semiconductor ADR 1.00% 451.15 +1.03% +4.86% +8.08% +48.79% 62
TER Teradyne Inc 1.00% 387.70 -0.37% +9.79% +5.85% +100.38% 52
RXRX Recursion Pharmaceuticals Inc Cl A 0.99% 3.89 +5.14% +9.89% +9.27% -4.89% 64
META META Platforms Inc 0.94% 777.59 +4.50% +14.05% +36.41% +17.90% 98
WGS Genedx Holdings Corp 0.89% 88.48 +3.85% -15.69% +1.23% -31.97% 43
BWXT Bwx Technologies Inc 0.84% 138.68 -2.21% -5.24% -7.38% -19.65% 14
SOFI Sofi Technologies Inc 0.56% 16.80 +1.51% +0.42% -11.58% -35.83% 5
GOOGL Alphabet Cl A 0.52% 342.36 +1.34% -1.43% -1.26% +9.46% 36
FIG Figma Inc Cl A 0.50% 21.34 -1.93% -8.37% -21.75% -42.90% 0
CERS Cerus Corp 0.36% 2.61 +0.38% -1.88% -4.04% +26.70% 29
PACB Pacific Biosciences 0.29% 1.58 +12.06% +14.49% +3.95% -15.51% 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.

FAQ · from the current data

ARKK dispersion — data Q&A

Is ARKK's move broad or carried by a few names (21 sessions)?

As of 2026-09-24: over 21 sessions the fund returned +6.17% while its median constituent returned +4.68% — a dispersion of 13.72 pp; 45% of 42 members beat the fund. Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing.

How did ARKK's members trade in the last session?

As of 2026-09-24: fund +2.15%, median member +1.11%, 27 advancers vs 14 decliners.

What does the dispersion page for ARKK measure?

It splits the fund into its members: the fund's own return against the median constituent, how many members beat the fund, advancers vs decliners, and a cumulative advance/decline line that tends to lead price. A firm fund price with a weak median and a falling A/D line is a narrow, top-heavy tape; a broad move shows the median keeping up. 42 constituents covered, re-baked nightly from the Closelooknet lake.

Is this investment advice?

No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.