Constituent dispersion · breadth vs the index
DTCR — Global X Data Center & Digital Infra
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 | +0.64% | +0.4 | +0pp | -0.75pp | Improving |
| 1 month | +0.71% | -0.2 | -5pp | -1.61pp | Weakening |
| 1 quarter | -8.03% | -3.75 | -10pp | -2.64pp | Confirming ↓ |
Over the last 126 sessions: price up +12.36%, breadth up (+0.1/name) · % beating 40→40 · median−ETF -1.46pp→-2.26pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.86% | +1.42% | +0.56pp | 15 / 4 | 11 / 9 | 7 of 20 | ±2.54% |
| 5d | +0.64% | +1.54% | +0.89pp | 11 / 9 | 11 / 9 | 3 of 20 | ±4.67% |
| 21d | +0.71% | -1.55% | -2.26pp | 8 / 12 | 8 / 12 | 2 of 20 | ±11.85% |
| YTD | +33.55% | +19.84% | -13.71pp | 15 / 5 | 7 / 13 | 0 of 20 | ±74.07% |
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)
- MRVL+7.05%+0.38pp
- MU+6.10%+0.28pp
- INTC+4.51%+0.18pp
- AMD+4.69%+0.17pp
- NXT.AX+2.55%+0.13pp
- CCI-1.85%-0.13pp
- AMT-1.07%-0.1pp
- EQIX-0.47%-0.06pp
- SBAC-1.09%-0.04pp
This month (21d)
- MU+15.33%+0.7pp
- SMCI+34.75%+0.58pp
- MRVL+6.18%+0.33pp
- AMT+2.72%+0.27pp
- UNIT+5.83%+0.22pp
- NXT.AX-10.20%-0.51pp
- APLD-8.97%-0.37pp
- AVGO-14.90%-0.26pp
- VNET-9.13%-0.24pp
- DLR-2.17%-0.23pp
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)
- SMCI+34.75%
- MU+15.33%
- MRVL+6.18%
- UNIT+5.83%
- NVDA+5.19%
- WYFI-20.92%
- AVGO-14.90%
- MAQ.AX-12.43%
- NXT.AX-10.20%
- VNET-9.13%
DTCR — constituent leadership race
$100 in each covered DTCR 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 — 20 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| EQIX Equinix Inc | 12.24% | 1035.98 | -0.47% | -0.81% | -1.60% | +36.63% | 45 |
| DLR Digital Realty Trust | 10.64% | 188.39 | +0.32% | +1.57% | -2.17% | +22.60% | 40 |
| AMT American Tower Corp | 9.77% | 175.85 | -1.07% | -0.22% | +2.72% | +1.16% | 65 |
| CCI Crown Castle | 7.14% | 75.83 | -1.85% | -0.41% | +1.21% | -13.61% | 60 |
| MRVL Marvell Technology Inc | 5.33% | 223.55 | +7.05% | +3.20% | +6.18% | +163.38% | 85 |
| NXT.AX Nextdc Ltd | 5.03% | 12.86 | +2.55% | -7.28% | -10.20% | +2.63% | 15 |
| MU Micron Technology | 4.55% | 1016.59 | +6.10% | +8.98% | +15.33% | +256.34% | 90 |
| APLD Applied Digital Corp | 4.12% | 26.27 | +1.39% | +3.67% | -8.97% | +7.14% | 25 |
| INTC Intel Corp | 3.95% | 95.80 | +4.51% | +7.07% | -4.02% | +159.62% | 30 |
| UNIT Uniti Group Inc | 3.72% | 10.17 | +0.00% | +1.50% | +5.83% | +45.08% | 80 |
| SBAC SBA Communications | 3.70% | 189.44 | -1.09% | -0.79% | +3.75% | -0.80% | 70 |
| AMD Adv Micro Devices | 3.54% | 477.57 | +4.69% | +2.58% | -2.39% | +123.00% | 35 |
| VNET Vnet Group Inc | 2.58% | 6.37 | +3.58% | -2.75% | -9.13% | -24.70% | 20 |
| GDS Gds Holdings Ltd ADR | 2.57% | 31.37 | +0.79% | -6.12% | -1.49% | -10.13% | 50 |
| MCHP Microchip Technology | 1.97% | 74.17 | +1.45% | +1.70% | -0.26% | +17.09% | 55 |
| AVGO Broadcom Ltd | 1.73% | 357.90 | +0.21% | -2.95% | -14.90% | +3.62% | 5 |
| NVDA Nvidia Corp | 1.73% | 230.36 | +0.84% | +5.89% | +5.19% | +23.67% | 75 |
| SMCI Super Micro Computer | 1.67% | 39.59 | +4.54% | +6.77% | +34.75% | +35.26% | 95 |
| MAQ.AX Macquarie Technology Group Ltd | 0.86% | 55.49 | +2.06% | -1.26% | -12.43% | -16.56% | 10 |
| WYFI Whitefiber Inc | 0.30% | 19.54 | +4.05% | +10.08% | -20.92% | +23.67% | 0 |
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
DTCR dispersion — data Q&A
Is DTCR's move broad or carried by a few names (21 sessions)?
As of 2026-09-04: over 21 sessions the fund returned +0.71% while its median constituent returned -1.55% — a dispersion of 11.85 pp; 40% of 20 members beat the fund. Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing.
How did DTCR's members trade in the last session?
As of 2026-09-04: fund +0.86%, median member +1.42%, 15 advancers vs 4 decliners.
What does the dispersion page for DTCR 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. 20 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.