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 | +3.49% | +0.64 | -13pp | -2.29pp | Confirming ↑ |
| 1 month | +10.11% | +1.82 | -28pp | -6.68pp | Confirming ↑ |
| 1 quarter | +12.44% | +1.87 | -3pp | +1.16pp | Confirming ↑ |
Over the last 126 sessions: price up +31.59%, breadth up (+3.41/name) · % beating 54→33 · median−ETF +0.42pp→-3.63pp.
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 2026-08-14.
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 | 17 (28%) | 7 (11%) | +10 |
| 1-Month | 10 (16%) | 0 (0%) | +10 |
| 3-Month | 6 (10%) | 0 (0%) | +6 |
| 6-Month | 5 (8%) | 0 (0%) | +5 |
| 52-Week | 0 (0%) | 0 (0%) | +0 |
| YTD | 1 (2%) | 0 (0%) | +1 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.71% | +0.05% | -0.66pp | 31 / 29 | 20 / 41 | 22 of 61 | ±2.31% |
| 5d | +3.49% | +1.25% | -2.24pp | 45 / 16 | 18 / 43 | 3 of 61 | ±7.2% |
| 21d | +10.11% | +6.31% | -3.80pp | 45 / 16 | 20 / 41 | 5 of 61 | ±12.23% |
| YTD | +42.75% | +21.13% | -21.62pp | 41 / 19 | 16 / 44 | 3 of 60 | ±72.85% |
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)
- NBIS+8.88%+0.14pp
- NEM.DE+8.43%+0.13pp
- AFX.DE+6.04%+0.09pp
- SGE.L+4.48%+0.07pp
- HAG.DE+3.96%+0.06pp
- PATH-4.02%-0.06pp
- ASML.AS-1.85%-0.03pp
- TOM.OL-1.74%-0.03pp
- VWS.CO-1.68%-0.03pp
- ASM.AS-1.54%-0.02pp
This month (21d)
- NBIS+61.66%+0.95pp
- PATH+33.08%+0.51pp
- HAG.DE+31.11%+0.48pp
- SAP.DE+30.88%+0.48pp
- OVH.PA+28.26%+0.44pp
- STM-13.51%-0.21pp
- YAR.OL-7.90%-0.12pp
- VACN.SW-6.63%-0.1pp
- MYCR.ST-5.60%-0.09pp
- KTN.VI-5.23%-0.08pp
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)
- NBIS+61.66%
- PATH+33.08%
- HAG.DE+31.11%
- SAP.DE+30.88%
- OVH.PA+28.26%
- STM-13.51%
- YAR.OL-7.90%
- VACN.SW-6.63%
- MYCR.ST-5.60%
- KTN.VI-5.23%
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% | 1579.60 | -1.85% | +5.38% | -1.18% | +72.04% | 16 |
| ARM ARM Holdings | 1.54% | 279.44 | +0.28% | -1.11% | +6.65% | +155.64% | 51 |
| NBIS Nebius Group | 1.54% | 277.68 | +8.88% | +47.73% | +61.66% | +231.74% | 98 |
| MTRS.ST Munters Group | 1.54% | 185.70 | -0.91% | +3.22% | +12.10% | +8.45% | 75 |
| VACN.SW VAT Group | 1.54% | 645.40 | -1.01% | +1.93% | -6.63% | +69.29% | 3 |
| BESI.AS BE Semiconductor | 1.54% | 233.50 | -0.72% | +5.47% | -1.14% | +75.68% | 18 |
| SMHN.DE SUSS MicroTec | 1.54% | 83.50 | -0.48% | +0.36% | +0.48% | +113.34% | 28 |
| ASM.AS ASM International | 1.54% | 893.80 | -1.54% | +4.66% | -1.35% | +72.68% | 15 |
| PATH UiPath | 1.54% | 16.01 | -4.02% | +6.38% | +33.08% | -2.32% | 97 |
| BNTX BioNTech | 1.54% | 93.09 | +1.05% | -0.62% | +1.67% | -2.22% | 33 |
| AIXA.DE AIXTRON | 1.54% | 41.27 | -1.41% | +2.89% | +3.05% | +138.49% | 38 |
| IFX.DE Infineon | 1.54% | 61.73 | -1.23% | -0.56% | -4.61% | +64.87% | 8 |
| ATS.VI AT&S | 1.54% | 173.20 | +3.22% | +20.61% | -0.80% | +437.89% | 21 |
| MYCR.ST Mycronic | 1.54% | 330.40 | -1.02% | +1.98% | -5.60% | +49.62% | 5 |
| HAG.DE Hensoldt | 1.54% | 96.08 | +3.96% | +6.38% | +31.11% | +30.90% | 95 |
| SU.PA Schneider Electric | 1.54% | 306.40 | -0.92% | +0.89% | +15.91% | +30.44% | 82 |
| REL.L RELX | 1.54% | 2526.00 | +1.41% | -3.84% | +0.96% | -16.36% | 31 |
| ETN Eaton | 1.54% | 451.51 | -0.40% | +0.63% | +13.94% | +42.20% | 77 |
| ENR.DE Siemens Energy | 1.54% | 160.72 | +0.00% | +4.68% | +8.05% | +34.06% | 57 |
| SAP.DE SAP | 1.54% | 180.14 | +2.71% | +1.22% | +30.88% | -12.07% | 93 |
| SIE.DE Siemens AG | 1.54% | 284.00 | -0.04% | +1.50% | +4.91% | +21.28% | 43 |
| ABBN.SW ABB | 1.54% | 82.78 | -0.55% | +1.25% | +5.78% | +41.85% | 46 |
| SAF.PA Safran | 1.54% | 360.50 | +0.70% | +0.87% | +9.54% | +21.22% | 62 |
| DSY.PA Dassault Systèmes | 1.54% | 21.68 | +3.63% | -2.56% | +18.70% | -9.06% | 84 |
| SHL.DE Siemens Healthineers | 1.54% | 39.31 | +0.69% | -0.51% | +11.80% | -10.39% | 72 |
| HO.PA Thales | 1.54% | 270.40 | +0.67% | +2.11% | +22.85% | +17.67% | 87 |
| WKL.AS Wolters Kluwer | 1.54% | 69.78 | +2.14% | -0.43% | +11.29% | -21.01% | 69 |
| CAP.PA Capgemini | 1.54% | 108.30 | +2.17% | -0.87% | +18.72% | -23.87% | 85 |
| RHM.DE Rheinmetall | 1.54% | 1202.00 | +3.21% | +4.85% | +24.70% | -23.00% | 89 |
| PHIA.AS Philips | 1.54% | 23.66 | -0.13% | +2.29% | -0.80% | +1.81% | 23 |
| STM STMicroelectronics | 1.54% | 54.29 | +0.69% | -3.23% | -13.51% | +109.89% | 0 |
| LR.PA Legrand | 1.54% | 140.70 | -0.74% | +0.36% | +2.18% | +10.57% | 34 |
| VWS.CO Vestas | 1.54% | 204.50 | -1.68% | +14.86% | +14.82% | +18.40% | 80 |
| PRY.MI Prysmian | 1.54% | 130.60 | -0.61% | +4.90% | -2.79% | +52.32% | 10 |
| ALFA.ST Alfa Laval | 1.54% | 557.20 | -1.00% | -2.07% | -1.45% | +21.65% | 13 |
| NEM.DE Nemetschek | 1.54% | 61.75 | +8.43% | +1.90% | +9.97% | -33.46% | 66 |
| KGX.DE Kion Group | 1.54% | 41.75 | +0.65% | +2.45% | +0.19% | -38.83% | 26 |
| NKT.CO NKT A/S | 1.54% | 966.50 | +0.68% | +4.71% | +5.98% | +21.04% | 48 |
| TEMN.SW Temenos | 1.54% | 74.60 | +1.84% | +5.29% | +9.22% | -6.28% | 61 |
| MELE.BR Melexis | 1.54% | 70.75 | -1.12% | -1.74% | -0.91% | +23.04% | 20 |
| TOM.OL Tomra Systems | 1.54% | 107.20 | -1.74% | -1.20% | +8.72% | -19.75% | 59 |
| COTN.SW Comet Holding | 1.54% | 384.60 | +0.47% | +5.72% | +4.06% | +71.21% | 41 |
| OXIG.L Oxford Instruments | 1.54% | 2916.00 | -1.15% | +0.97% | +0.83% | +42.24% | 30 |
| NOD.OL Nordic Semi | 1.54% | 169.90 | -0.06% | +3.16% | +6.79% | +27.46% | 52 |
| OVH.PA OVHcloud | 1.54% | 16.93 | -0.53% | +6.41% | +28.26% | +132.24% | 92 |
| KTN.VI Kontron AG | 1.54% | 21.76 | -1.18% | -0.09% | -5.23% | -4.39% | 7 |
| RR.L Rolls-Royce | 1.54% | 1541.00 | +1.05% | +0.72% | +11.80% | +34.59% | 70 |
| BAS.DE BASF | 1.54% | 51.15 | +1.95% | -0.68% | +5.65% | +20.24% | 44 |
| SGO.PA Saint-Gobain | 1.54% | 83.94 | -0.24% | -1.76% | +9.55% | -3.47% | 64 |
| EVK.DE Evonik | 1.54% | 18.04 | +1.18% | +0.17% | +6.31% | +35.03% | 49 |
| SY1.DE Symrise | 1.54% | 89.04 | -0.31% | -3.13% | -0.45% | +29.27% | 25 |
| SAN.PA Sanofi | 1.54% | 75.52 | -1.19% | +0.28% | -1.85% | -3.60% | 11 |
| AIR.PA Airbus | 1.54% | 215.40 | +1.17% | +0.84% | +10.11% | +10.57% | 67 |
| AFX.DE Carl Zeiss Meditec | 1.54% | 32.28 | +6.04% | +7.96% | +7.60% | -17.48% | 56 |
| SGE.L Sage Group | 1.54% | 1060.50 | +4.48% | +1.14% | +24.76% | -0.76% | 90 |
| INF.L Informa | 1.54% | 925.80 | +0.46% | +2.37% | +2.96% | +4.73% | 36 |
| YAR.OL Yara International | 1.54% | 418.30 | +0.05% | +0.50% | -7.90% | +1.04% | 2 |
| CEVI.ST CellaVision | 1.54% | 152.80 | +0.26% | +0.26% | +11.86% | -0.64% | 74 |
| TIETO.HE Tietoevry | 1.54% | 19.08 | +2.64% | +1.87% | +6.83% | +6.92% | 54 |
| P4O.DE Plan Optik | 1.54% | 8.76 | +1.15% | +7.62% | +3.79% | — | 39 |
| M7U.DE Nynomic | 1.54% | 19.20 | -1.54% | +13.27% | +14.63% | +95.12% | 79 |
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.