Constituent dispersion · breadth vs the index
CIBR — First Trust Nasdaq Cybersecurity
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 | +2.89% | +0.66 | -5pp | -0.84pp | Confirming ↑ |
| 1 month | +5.97% | +1.34 | +0pp | +0.80pp | Confirming ↑ |
| 1 quarter | +34.14% | +5.22 | +12pp | +5.32pp | Confirming ↑ |
Over the last 126 sessions: price up +48.73%, breadth up (+9.93/name) · % beating 41→51 · median−ETF -2.71pp→+0.95pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.47% | -0.07% | -0.54pp | 17 / 23 | 15 / 26 | 17 of 41 | ±1.92% |
| 5d | +2.89% | +2.47% | -0.42pp | 30 / 11 | 18 / 23 | 7 of 41 | ±5.99% |
| 21d | +5.97% | +6.92% | +0.95pp | 25 / 16 | 21 / 20 | 4 of 41 | ±14.64% |
| YTD | +40.75% | +27.16% | -13.59pp | 31 / 9 | 17 / 23 | 2 of 40 | ±42.79% |
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)
- CSCO+2.86%+0.26pp
- AKAM+5.24%+0.19pp
- ANET+6.39%+0.11pp
- PANW+0.84%+0.09pp
- FFIV+2.16%+0.07pp
- DDOG-2.38%-0.07pp
- FTNT-0.65%-0.06pp
- OKTA-2.02%-0.06pp
- MSFT-2.26%-0.03pp
- INFY-2.54%-0.03pp
This month (21d)
- PANW+9.67%+0.99pp
- CRWD+5.24%+0.55pp
- CSCO+5.80%+0.52pp
- AVGO+6.92%+0.5pp
- NET+10.54%+0.45pp
- FTNT-3.59%-0.34pp
- DDOG-11.01%-0.33pp
- BB-20.35%-0.22pp
- OKTA-4.73%-0.14pp
- CHKP-5.64%-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)
- FSLY+36.51%
- ACN+33.87%
- LDOS+31.74%
- MSFT+27.93%
- ESTC+23.81%
- ATEN-26.97%
- BB-20.35%
- TENB-13.25%
- VRNS-12.99%
- DDOG-11.01%
CIBR — constituent leadership race
$100 in each covered CIBR 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 — 41 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| CRWD Crowdstrike Holdings | 10.55% | 221.78 | -0.05% | +5.68% | +5.24% | +89.25% | 41 |
| PANW Palo Alto Networks | 10.24% | 387.01 | +0.84% | +6.71% | +9.67% | +110.10% | 56 |
| FTNT Fortinet Inc | 9.41% | 160.84 | -0.65% | -2.00% | -3.59% | +102.54% | 32 |
| CSCO Cisco Systems Inc | 8.93% | 123.88 | +2.86% | +1.96% | +5.80% | +62.56% | 46 |
| AVGO Broadcom Ltd | 7.16% | 416.05 | -0.01% | -0.53% | +6.92% | +20.46% | 49 |
| NET Cloudflare Inc Cl A | 4.26% | 311.45 | +1.46% | +6.31% | +10.54% | +57.98% | 63 |
| AKAM Akamai Technologies | 3.54% | 122.78 | +5.24% | +0.42% | -2.64% | +40.72% | 34 |
| FFIV F5 Inc | 3.03% | 422.95 | +2.16% | +2.83% | -1.93% | +65.69% | 37 |
| DDOG Datadog Inc Cl A | 2.97% | 240.91 | -2.38% | -14.92% | -11.01% | +77.15% | 10 |
| OKTA Okta Inc Cl A | 2.94% | 147.30 | -2.02% | +0.18% | -4.73% | +70.35% | 24 |
| NTAP Netapp Inc | 2.46% | 202.05 | +1.80% | +8.28% | +15.75% | +90.56% | 78 |
| ZS Zscaler Inc | 2.44% | 177.32 | -0.69% | +9.69% | +16.59% | -21.16% | 80 |
| GEN Gen Digital Inc | 2.23% | 28.64 | -1.28% | +2.47% | +7.79% | +6.46% | 51 |
| CHKP Check Point Software | 2.11% | 129.29 | +0.13% | +3.14% | -5.64% | -30.32% | 20 |
| RBRK Rubrik Inc Cl A | 1.90% | 96.73 | -0.21% | +14.05% | +9.86% | +26.48% | 59 |
| FROG Jfrog Ltd | 1.81% | 86.04 | -0.07% | +1.80% | -5.63% | +37.75% | 22 |
| IBM Intl Business Machines | 1.71% | 235.98 | -1.02% | +0.74% | +8.71% | -19.88% | 54 |
| ANET Arista Networks Inc | 1.70% | 210.50 | +6.39% | +6.68% | +15.30% | +60.65% | 76 |
| DT Dynatrace Inc | 1.64% | 49.56 | -0.20% | -2.56% | +10.04% | +14.35% | 61 |
| GOOGL Alphabet Cl A | 1.63% | 343.54 | -0.08% | -5.21% | -4.44% | +9.83% | 29 |
| MSFT Microsoft Corp | 1.49% | 492.43 | -2.26% | +1.02% | +27.93% | +2.05% | 90 |
| BAH Booz Allen Hamilton Holding Corp | 1.36% | 78.40 | -0.22% | +9.03% | +23.35% | -6.36% | 83 |
| HO.FP Thales | 1.21% | 271.90 | +1.53% | +3.90% | +23.59% | +18.32% | 85 |
| INFY Infosys Ltd ADR | 1.19% | 12.28 | -2.54% | -1.60% | +11.13% | -29.60% | 68 |
| ACN Accenture Plc | 1.17% | 180.14 | +0.18% | +5.51% | +33.87% | -31.89% | 95 |
| BB Blackberry Ltd | 1.10% | 8.77 | -2.34% | +0.46% | -20.35% | +131.40% | 2 |
| LDOS Leidos Holdings Inc | 0.97% | 140.38 | -0.36% | +10.67% | +31.74% | -21.99% | 93 |
| ESTC Elastic N.V. | 0.94% | 77.16 | +1.06% | +10.67% | +23.81% | +2.28% | 88 |
| OTEX.TO Open Text Corporation | 0.93% | 33.36 | +0.00% | -7.23% | +0.03% | -23.68% | 39 |
| S Sentinelone Inc Cl A | 0.88% | 22.30 | -0.71% | +6.19% | +11.95% | +48.67% | 71 |
| SAIC Science Applications International | 0.81% | 126.31 | +0.73% | +5.00% | +10.88% | +26.39% | 66 |
| CVLT Commvault Systems | 0.77% | 141.74 | +1.66% | +6.44% | -4.64% | +13.07% | 27 |
| VRNS Varonis Systems Inc | 0.60% | 41.93 | -0.43% | -3.39% | -12.99% | +27.84% | 7 |
| QLYS Qualys Inc | 0.57% | 187.15 | -0.62% | +2.13% | +14.03% | +40.82% | 73 |
| TENB Tenable Holdings Inc | 0.50% | 37.00 | -2.22% | +2.78% | -13.25% | +57.25% | 5 |
| FSLY Fastly Inc | 0.47% | 28.53 | -0.87% | +9.60% | +36.51% | — | 98 |
| NTCT Netscout Systems | 0.43% | 39.49 | +2.31% | -3.73% | -8.61% | +45.93% | 15 |
| ATEN A10 Networks Inc | 0.30% | 27.49 | +1.18% | -10.86% | -26.97% | +56.19% | 0 |
| ZD Ziff Davis Inc | 0.26% | 54.94 | +2.69% | +4.21% | +5.78% | +56.30% | 44 |
| RDWR Radware Ltd | 0.19% | 29.10 | +1.82% | +2.07% | -6.70% | +20.80% | 17 |
| ATO.FP Atos Se | 0.16% | 29.62 | -1.59% | -6.56% | -9.20% | -40.96% | 12 |
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.