Constituent dispersion · breadth vs the index

ARKK — ARK Innovation

42/42 covered · 94% by weight · benchmark: ARKK price · closes through 2026-09-04 ·holdings as of 2026-06-16

Concentration 32.09% in top 5 24.39 effective names · HHI 410
RS vs S&P 500 21d +13.64pp sector return − SPY
RS vs Nasdaq-100 21d +13.25pp sector return − QQQ
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price +13.85% · A/D -10 (-0.24/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 +1.93% -0.43 -5pp +0.35pp Weakening
1 month +13.85% -0.24 -36pp -10.07pp Weakening
1 quarter +15.75% -2.05 -30pp -8.02pp Weakening

Over the last 126 sessions: price up +16.06%, breadth down (-1.26/name) · % beating 32→31 · median−ETF -6.03pp→-5.41pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -1.06% -0.59% +0.46pp 16 / 26 26 / 16 18 of 42 ±3.22%
5d +1.93% +0.75% -1.17pp 23 / 19 15 / 27 6 of 42 ±7.01%
21d +13.85% +8.44% -5.41pp 30 / 12 13 / 29 3 of 42 ±17.62%
YTD +12.09% +6.93% -5.16pp 24 / 17 15 / 26 1 of 41 ±70.09%

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+4.69%+0.24pp
  • CBRS+10.30%+0.11pp
  • RBLX+4.34%+0.11pp
  • CRWV+3.25%+0.08pp
  • TER+5.49%+0.05pp
  • TSLA-5.92%-0.62pp
  • COIN-4.18%-0.15pp
  • PLTR-4.49%-0.13pp
  • HOOD-2.09%-0.1pp
  • TWST-3.10%-0.1pp

This month (21d)

  • CRCL+61.27%+2.13pp
  • TEM+40.11%+1.98pp
  • HOOD+34.62%+1.71pp
  • TSLA+10.81%+1.13pp
  • TXG+37.39%+1.05pp
  • AVGO-14.90%-0.17pp
  • KTOS-16.70%-0.17pp
  • BABA-10.70%-0.13pp
  • AMZN-5.05%-0.13pp
  • AMD-2.39%-0.12pp

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)

  • CRCL+61.27%
  • BLSH+56.25%
  • TEM+40.11%
  • TXG+37.39%
  • BMNR+36.45%
  • KTOS-16.70%
  • AVGO-14.90%
  • BABA-10.70%
  • VCYT-7.84%
  • TER-7.24%

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% 354.08 -5.92% +1.53% +10.81% -21.27% 55
AMD Adv Micro Devices 5.06% 477.57 +4.69% +2.58% -2.39% +123.00% 21
HOOD Robinhood Markets Inc Cl A 4.95% 122.11 -2.09% +17.12% +34.62% +7.97% 86
TEM Tempus AI Cl A 4.94% 64.62 -0.06% +0.91% +40.11% +9.43% 93
CRSP Crispr Therapeutics Ag 4.77% 55.79 -1.24% -3.34% +8.04% +6.39% 48
ROKU Roku Inc 4.72% 155.59 -1.72% -1.32% +3.68% +43.41% 38
SHOP Shopify Inc 4.34% 145.09 -0.54% -5.11% -1.59% -9.87% 24
COIN Coinbase Global Cl A 3.70% 184.64 -4.18% +3.36% +26.98% -18.35% 83
CRCL Circle Internet Group Inc Cl A 3.48% 102.05 -1.14% +17.11% +61.27% +28.69% 98
TWST Twist Bioscience Corp 3.19% 124.72 -3.10% -11.78% +14.34% +293.19% 71
BEAM Beam Therapeutics Inc 3.00% 29.66 +0.68% +1.16% +8.84% +7.00% 50
PLTR Palantir Technologies Cl A 2.90% 174.33 -4.49% -6.42% +11.81% -1.92% 60
TXG 10X Genomics Inc 2.82% 62.65 -0.90% +1.80% +37.39% +284.12% 90
RBLX Roblox Corp Cl A 2.57% 43.31 +4.34% +12.41% +20.17% -46.55% 76
AMZN Amazon.com Inc 2.51% 258.51 -0.15% -2.97% -5.05% +12.00% 19
CRWV Coreweave Inc Cl A 2.47% 87.31 +3.25% +3.65% +2.31% +21.92% 33
GOOG Alphabet Cl C 1.91% 335.31 -1.05% -2.14% -5.98% +6.93% 12
BLSH Bullish Ord Shs 1.80% 36.00 -0.61% +9.46% +56.25% -4.94% 95
NVDA Nvidia Corp 1.73% 230.36 +0.84% +5.89% +5.19% +23.67% 45
BMNR Bitmine Immersion Technologies 1.54% 24.97 -5.60% +4.92% +36.45% -8.03% 88
XYZ Block Inc 1.52% 82.76 -0.73% -0.97% +4.73% +27.15% 43
ILMN Illumina Inc 1.44% 218.22 -1.55% +1.22% +12.65% +66.38% 62
NTRA Natera Inc 1.26% 328.18 +0.16% +0.59% +23.66% +43.25% 81
BABA Alibaba Group Holding ADR 1.25% 113.24 +1.28% -4.76% -10.70% -22.75% 5
DE Deere & Company 1.20% 693.53 -0.13% +10.03% +12.80% +49.40% 64
ACHR Archer Aviation Inc 1.17% 5.71 -0.87% -0.70% +9.18% -24.07% 52
AVGO Broadcom Ltd 1.15% 357.90 +0.21% -2.95% -14.90% +3.62% 2
CBRS Cerebras Systems Inc Cl A 1.10% 210.05 +10.30% +17.29% -0.59% 26
NTLA Intellia Thera CS 1.10% 12.74 +0.47% -1.01% +13.35% +41.71% 67
VCYT Veracyte Inc 1.04% 42.53 -4.79% -1.87% -7.84% +1.02% 7
KTOS Kratos Defense & Security Inc 1.01% 47.82 -0.58% -8.04% -16.70% -37.00% 0
TSM Taiwan Semiconductor ADR 1.00% 428.91 +2.85% +2.73% +2.56% +41.46% 36
TER Teradyne Inc 1.00% 357.03 +5.49% +0.62% -7.24% +84.53% 10
RXRX Recursion Pharmaceuticals Inc Cl A 0.99% 3.63 +5.52% +8.68% +14.15% -11.25% 69
META META Platforms Inc 0.94% 616.77 +1.00% +6.70% +4.56% -6.48% 40
WGS Genedx Holdings Corp 0.89% 85.99 -1.60% -0.40% +23.57% -33.88% 79
BWXT Bwx Technologies Inc 0.84% 157.59 -1.66% +3.10% -5.46% -8.70% 14
SOFI Sofi Technologies Inc 0.56% 18.22 -1.57% +0.89% +0.66% -30.40% 31
GOOGL Alphabet Cl A 0.52% 338.46 -1.11% -2.28% -5.39% +8.21% 17
FIG Figma Inc Cl A 0.50% 24.12 -4.36% -16.31% +0.63% -35.46% 29
CERS Cerus Corp 0.36% 2.59 +0.78% -2.26% +11.64% +25.73% 57
PACB Pacific Biosciences 0.29% 1.35 +3.85% -3.57% +15.38% -27.81% 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.

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 2026-09-04: over 21 sessions the fund returned +13.85% while its median constituent returned +8.44% — a dispersion of 17.62 pp; 31% 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 2026-09-04: fund -1.06%, median member -0.59%, 16 advancers vs 26 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 Closelook lake.

Is this investment advice?

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