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 | -0.71% | +0.05 | +10pp | +0.97pp | Improving |
| 1 month | -1.80% | -0.45 | +5pp | +2.25pp | Confirming ↓ |
| 1 quarter | -8.93% | -2.7 | +15pp | +5.62pp | Confirming ↓ |
Over the last 126 sessions: price up +19.08%, breadth up (+1.75/name) · % beating 50→50 · median−ETF -0.16pp→+0.44pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.45% | -0.10% | +0.34pp | 10 / 10 | 11 / 9 | 7 of 20 | ±2.47% |
| 5d | -0.71% | -0.03% | +0.68pp | 9 / 10 | 11 / 9 | 5 of 20 | ±6.35% |
| 21d | -1.78% | -1.34% | +0.44pp | 9 / 11 | 10 / 10 | 3 of 20 | ±14.62% |
| YTD | +31.94% | +18.53% | -13.41pp | 13 / 7 | 6 / 14 | 0 of 20 | ±94.42% |
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)
- MCHP+5.36%+0.11pp
- AMT+1.06%+0.1pp
- SMCI+4.22%+0.07pp
- MRVL+1.15%+0.06pp
- CCI+0.31%+0.02pp
- EQIX-2.58%-0.32pp
- DLR-1.32%-0.14pp
- INTC-3.45%-0.14pp
- APLD-2.99%-0.12pp
- VNET-4.05%-0.1pp
This month (21d)
- INTC+39.39%+1.56pp
- AMD+31.13%+1.1pp
- MU+15.33%+0.7pp
- MRVL+6.86%+0.37pp
- SMCI+15.70%+0.26pp
- NXT.AX-17.45%-0.88pp
- DLR-7.66%-0.82pp
- EQIX-6.63%-0.81pp
- CCI-10.19%-0.73pp
- UNIT-12.30%-0.46pp
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)
- INTC+39.39%
- AMD+31.13%
- SMCI+15.70%
- MU+15.33%
- NVDA+7.35%
- NXT.AX-17.45%
- MAQ.AX-13.52%
- UNIT-12.30%
- SBAC-10.66%
- CCI-10.19%
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% | 1008.08 | -2.58% | -1.30% | -6.63% | +32.95% | 30 |
| DLR Digital Realty Trust | 10.64% | 178.61 | -1.32% | -1.93% | -7.66% | +16.23% | 25 |
| AMT American Tower Corp | 9.77% | 169.03 | +1.06% | -2.85% | -3.81% | -2.76% | 35 |
| CCI Crown Castle | 7.14% | 67.84 | +0.31% | -7.14% | -10.19% | -22.71% | 20 |
| MRVL Marvell Technology Inc | 5.33% | 261.94 | +1.15% | +7.24% | +6.86% | +208.61% | 70 |
| NXT.AX Nextdc Ltd | 5.03% | 11.21 | -1.75% | -1.32% | -17.45% | -10.53% | 0 |
| MU Micron Technology | 4.55% | 1082.28 | +0.16% | +6.54% | +15.33% | +279.36% | 80 |
| APLD Applied Digital Corp | 4.12% | 26.25 | -2.99% | -6.65% | -2.31% | +7.06% | 40 |
| INTC Intel Corp | 3.95% | 123.00 | -3.45% | +13.26% | +39.39% | +233.33% | 95 |
| UNIT Uniti Group Inc | 3.72% | 8.91 | -0.22% | -5.71% | -12.30% | +27.10% | 10 |
| SBAC SBA Communications | 3.70% | 166.15 | +0.02% | -6.97% | -10.66% | -13.00% | 15 |
| AMD Adv Micro Devices | 3.54% | 630.63 | +0.22% | +12.65% | +31.13% | +194.47% | 90 |
| VNET Vnet Group Inc | 2.58% | 6.64 | -4.05% | +1.84% | +0.76% | -21.51% | 60 |
| GDS Gds Holdings Ltd ADR | 2.57% | 32.77 | -1.65% | -0.06% | +0.64% | -6.10% | 55 |
| MCHP Microchip Technology | 1.97% | 78.69 | +5.36% | +7.40% | +6.27% | +24.22% | 65 |
| AVGO Broadcom Ltd | 1.73% | 352.81 | +0.70% | -1.16% | -0.78% | +2.15% | 50 |
| NVDA Nvidia Corp | 1.73% | 225.07 | +0.22% | +1.26% | +7.35% | +20.83% | 75 |
| SMCI Super Micro Computer | 1.67% | 43.26 | +4.22% | +10.67% | +15.70% | +47.80% | 85 |
| MAQ.AX Macquarie Technology Group Ltd | 0.86% | 53.14 | -3.38% | +0.00% | -13.52% | -20.09% | 5 |
| WYFI Whitefiber Inc | 0.30% | 19.62 | -3.16% | +3.43% | -1.90% | +24.18% | 45 |
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 2026-09-25: over 21 sessions the fund returned -1.78% while its median constituent returned -1.34% — a dispersion of 14.62 pp; 50% of 20 members beat the fund. Broad decline - breadth is falling with price.
How did DTCR's members trade in the last session?
As of 2026-09-25: fund -0.45%, median member -0.10%, 10 advancers vs 10 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 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.