Constituent dispersion · breadth vs the index
EUROAI — Euro-AI Sovereign 50 (EW)
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 | -1.18% | -0.9 | +11pp | +2.98pp | Confirming ↓ |
| 1 month | -5.62% | -1.34 | +20pp | +6.69pp | Confirming ↓ |
| 1 quarter | +8.01% | -0.54 | +16pp | +4.75pp | Weakening |
Over the last 126 sessions: price up +20.29%, breadth up (+1.49/name) · % beating 38→59 · median−ETF -2.06pp→+2.48pp.
Stocks above their moving average — participation breadth
Of the 61 covered constituents, the share trading above each simple moving average — the classic breadth gauge. A firm index price with a low %-above-MA is a narrow, top-heavy tape. As of 2026-07-17.
New highs & new lows — by horizon
How many of the 61 covered constituents closed today at a new high (or low) over each window, and the net. A shrinking net as the index holds up = fewer names leading.
| Horizon | New highs | New lows | Net |
|---|---|---|---|
| 5-Day | 8 (13%) | 29 (48%) | -21 |
| 1-Month | 4 (7%) | 17 (28%) | -13 |
| 3-Month | 0 (0%) | 3 (5%) | -3 |
| 6-Month | 0 (0%) | 0 (0%) | +0 |
| 52-Week | 0 (0%) | 0 (0%) | +0 |
| YTD | 0 (0%) | 0 (0%) | +0 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.98% | -0.73% | -1.71pp | 19 / 42 | 11 / 50 | 12 of 61 | ±3.22% |
| 5d | -1.18% | -1.66% | -0.48pp | 19 / 42 | 27 / 34 | 13 of 61 | ±6.33% |
| 21d | -5.62% | -3.14% | +2.48pp | 26 / 35 | 36 / 25 | 2 of 61 | ±12.44% |
| YTD | +30.92% | +11.26% | -19.66pp | 39 / 21 | 18 / 42 | 0 of 60 | ±66.6% |
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)
- TOM.OL+11.87%+0.18pp
- MTRS.ST+9.39%+0.14pp
- CEVI.ST+7.76%+0.12pp
- HAG.DE+4.15%+0.06pp
- NBIS+3.46%+0.05pp
- ATS.VI-7.22%-0.11pp
- M7U.DE-6.57%-0.1pp
- COTN.SW-4.76%-0.07pp
- P4O.DE-4.74%-0.07pp
- SMHN.DE-4.57%-0.07pp
This month (21d)
- AFX.DE+17.95%+0.28pp
- TOM.OL+15.56%+0.24pp
- PATH+15.49%+0.24pp
- MYCR.ST+13.21%+0.2pp
- EVK.DE+10.93%+0.17pp
- AIXA.DE-34.34%-0.53pp
- NBIS-32.96%-0.51pp
- ARM-32.59%-0.5pp
- BESI.AS-29.04%-0.45pp
- ATS.VI-28.32%-0.44pp
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)
- AFX.DE+17.95%
- TOM.OL+15.56%
- PATH+15.49%
- MYCR.ST+13.21%
- EVK.DE+10.93%
- AIXA.DE-34.34%
- NBIS-32.96%
- ARM-32.59%
- BESI.AS-29.04%
- ATS.VI-28.32%
EUROAI — constituent leadership race
$100 in each covered EUROAI constituent at 2026-01-06, 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 — 61 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| ASML.AS ASML | 1.54% | 1537.00 | -3.84% | -2.04% | -8.29% | +67.40% | 38 |
| ARM ARM Holdings | 1.54% | 267.19 | +1.98% | -17.38% | -32.59% | +144.43% | 3 |
| NBIS Nebius Group | 1.54% | 177.71 | +3.46% | -19.09% | -32.96% | +112.31% | 2 |
| MTRS.ST Munters Group | 1.54% | 181.20 | +9.39% | +10.15% | -3.90% | +5.82% | 46 |
| VACN.SW VAT Group | 1.54% | 666.20 | -3.62% | -2.12% | -3.14% | +74.75% | 49 |
| BESI.AS BE Semiconductor | 1.54% | 225.50 | -4.53% | -11.67% | -29.04% | +69.66% | 5 |
| SMHN.DE SUSS MicroTec | 1.54% | 79.30 | -4.57% | -6.49% | -22.78% | +102.61% | 8 |
| ASM.AS ASM International | 1.54% | 869.40 | -4.04% | -4.50% | -18.79% | +67.97% | 13 |
| PATH UiPath | 1.54% | 12.15 | +1.00% | +4.02% | +15.49% | -25.87% | 95 |
| BNTX BioNTech | 1.54% | 91.48 | -0.09% | -0.01% | +2.21% | -3.91% | 69 |
| AIXA.DE AIXTRON | 1.54% | 39.46 | -1.47% | -9.56% | -34.34% | +128.03% | 0 |
| IFX.DE Infineon | 1.54% | 63.66 | -1.62% | -12.17% | -22.38% | +70.02% | 11 |
| ATS.VI AT&S | 1.54% | 162.00 | -7.22% | -13.28% | -28.32% | +403.11% | 7 |
| MYCR.ST Mycronic | 1.54% | 344.40 | -1.60% | +16.19% | +13.21% | +55.96% | 93 |
| HAG.DE Hensoldt | 1.54% | 76.32 | +4.15% | +2.69% | +6.62% | +3.98% | 90 |
| SU.PA Schneider Electric | 1.54% | 262.45 | -0.72% | -2.67% | -9.81% | +11.73% | 34 |
| REL.L RELX | 1.54% | 2496.00 | -0.24% | +3.27% | +6.30% | -17.35% | 89 |
| ETN Eaton | 1.54% | 399.99 | +0.94% | -1.79% | -1.89% | +25.97% | 54 |
| ENR.DE Siemens Energy | 1.54% | 147.66 | -0.73% | -2.93% | -12.80% | +23.16% | 28 |
| SAP.DE SAP | 1.54% | 137.92 | +0.20% | +0.25% | +2.27% | -32.68% | 72 |
| SIE.DE Siemens AG | 1.54% | 264.55 | -2.27% | -3.04% | -4.43% | +12.97% | 43 |
| ABBN.SW ABB | 1.54% | 79.20 | +1.20% | -5.24% | -8.82% | +35.72% | 36 |
| SAF.PA Safran | 1.54% | 329.50 | +0.12% | -1.96% | -1.20% | +10.79% | 56 |
| DSY.PA Dassault Systèmes | 1.54% | 17.83 | -2.41% | -2.25% | +4.36% | -25.23% | 80 |
| SHL.DE Siemens Healthineers | 1.54% | 35.12 | -0.11% | +1.53% | +2.00% | -19.94% | 62 |
| HO.PA Thales | 1.54% | 223.10 | +1.36% | -0.09% | -4.08% | -2.92% | 44 |
| WKL.AS Wolters Kluwer | 1.54% | 61.78 | -1.47% | +2.12% | +6.15% | -30.07% | 87 |
| CAP.PA Capgemini | 1.54% | 91.32 | +0.11% | +2.65% | +2.61% | -35.80% | 75 |
| RHM.DE Rheinmetall | 1.54% | 984.20 | +2.11% | -0.79% | -16.49% | -36.95% | 16 |
| PHIA.AS Philips | 1.54% | 23.66 | -0.80% | -1.66% | +0.68% | +1.81% | 59 |
| STM STMicroelectronics | 1.54% | 62.06 | -1.13% | -13.15% | -16.66% | +139.93% | 15 |
| LR.PA Legrand | 1.54% | 135.40 | -1.67% | -3.77% | -11.07% | +6.40% | 30 |
| VWS.CO Vestas | 1.54% | 177.40 | -0.39% | +1.17% | +2.19% | +2.71% | 67 |
| PRY.MI Prysmian | 1.54% | 125.35 | -4.53% | -7.18% | -15.16% | +46.20% | 25 |
| ALFA.ST Alfa Laval | 1.54% | 559.60 | -1.03% | -0.07% | +2.27% | +22.17% | 70 |
| NEM.DE Nemetschek | 1.54% | 55.75 | -0.71% | -0.80% | +2.01% | -39.92% | 64 |
| KGX.DE Kion Group | 1.54% | 40.88 | -1.90% | -0.20% | -3.58% | -40.10% | 48 |
| NKT.CO NKT A/S | 1.54% | 904.50 | -0.82% | -3.42% | -10.36% | +13.27% | 33 |
| TEMN.SW Temenos | 1.54% | 68.35 | +0.07% | -1.37% | +5.72% | -14.13% | 85 |
| MELE.BR Melexis | 1.54% | 69.95 | -2.03% | -3.25% | -15.72% | +21.65% | 20 |
| TOM.OL Tomra Systems | 1.54% | 110.30 | +11.87% | +15.26% | +15.56% | -17.43% | 97 |
| COTN.SW Comet Holding | 1.54% | 352.00 | -4.76% | -11.51% | -16.39% | +56.70% | 18 |
| OXIG.L Oxford Instruments | 1.54% | 2832.00 | -2.07% | -2.55% | -6.16% | +38.15% | 39 |
| NOD.OL Nordic Semi | 1.54% | 159.80 | +0.44% | -4.99% | -15.32% | +19.88% | 21 |
| OVH.PA OVHcloud | 1.54% | 13.47 | +2.05% | -6.91% | -22.76% | +84.77% | 10 |
| KTN.VI Kontron AG | 1.54% | 22.94 | -0.09% | -0.52% | -2.47% | +0.79% | 52 |
| RR.L Rolls-Royce | 1.54% | 1365.60 | -0.93% | -5.06% | -3.12% | +19.27% | 51 |
| BAS.DE BASF | 1.54% | 48.55 | +0.27% | +2.09% | +0.02% | +14.12% | 57 |
| SGO.PA Saint-Gobain | 1.54% | 75.98 | -0.84% | +0.24% | -4.74% | -12.63% | 41 |
| EVK.DE Evonik | 1.54% | 16.95 | -0.12% | +3.73% | +10.93% | +26.87% | 92 |
| SY1.DE Symrise | 1.54% | 88.64 | -0.89% | +0.05% | +3.62% | +28.69% | 77 |
| SAN.PA Sanofi | 1.54% | 77.34 | +0.52% | +1.46% | +5.45% | -1.28% | 84 |
| AIR.PA Airbus | 1.54% | 194.32 | -0.66% | -1.49% | +1.24% | -0.25% | 61 |
| AFX.DE Carl Zeiss Meditec | 1.54% | 29.30 | -2.33% | -4.25% | +17.95% | -25.10% | 98 |
| SGE.L Sage Group | 1.54% | 845.60 | -0.52% | +2.00% | +5.33% | -20.87% | 82 |
| INF.L Informa | 1.54% | 884.60 | -1.62% | -0.99% | +2.43% | +0.07% | 74 |
| YAR.OL Yara International | 1.54% | 451.30 | -0.64% | +1.53% | +2.10% | +9.01% | 66 |
| CEVI.ST CellaVision | 1.54% | 147.20 | +7.76% | +6.36% | +4.25% | -4.28% | 79 |
| TIETO.HE Tietoevry | 1.54% | 17.33 | -2.97% | -1.65% | -14.71% | -2.89% | 26 |
| P4O.DE Plan Optik | 1.54% | 8.04 | -4.74% | -8.01% | -10.67% | — | 31 |
| M7U.DE Nynomic | 1.54% | 15.65 | -6.57% | -3.10% | -15.18% | +59.04% | 23 |
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.