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 | -4.01% | -0.3 | +7pp | +2.11pp | Confirming ↓ |
| 1 month | -7.03% | -1.08 | +20pp | +6.51pp | Confirming ↓ |
| 1 quarter | +4.59% | -0.13 | +30pp | +10.42pp | Weakening |
Over the last 126 sessions: price up +15.84%, breadth up (+1.98/name) · % beating 44→68 · median−ETF -2.97pp→+5.79pp.
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 2026-07-24.
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 | 14 (23%) | 13 (21%) | +1 |
| 1-Month | 4 (7%) | 9 (15%) | -5 |
| 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 | -4.35% | -0.22% | +4.13pp | 30 / 31 | 57 / 4 | 2 of 61 | ±3.72% |
| 5d | -4.01% | +0.05% | +4.06pp | 31 / 30 | 54 / 7 | 2 of 61 | ±4.57% |
| 21d | -7.03% | -1.15% | +5.88pp | 26 / 35 | 41 / 20 | 3 of 61 | ±11.32% |
| YTD | +24.08% | +11.11% | -12.97pp | 40 / 20 | 23 / 37 | 1 of 60 | ±65.33% |
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)
- SAP.DE+9.26%+0.14pp
- DSY.PA+7.90%+0.12pp
- PATH+6.27%+0.1pp
- NEM.DE+6.03%+0.09pp
- REL.L+4.77%+0.07pp
- NBIS-15.02%-0.23pp
- ARM-8.14%-0.13pp
- M7U.DE-6.97%-0.11pp
- ATS.VI-5.82%-0.09pp
- STM-3.65%-0.06pp
This month (21d)
- HAG.DE+24.03%+0.37pp
- DSY.PA+13.02%+0.2pp
- OVH.PA+11.94%+0.18pp
- WKL.AS+11.90%+0.18pp
- MYCR.ST+10.87%+0.17pp
- STM-28.26%-0.44pp
- NBIS-27.69%-0.43pp
- ARM-27.59%-0.42pp
- AIXA.DE-23.98%-0.37pp
- BESI.AS-21.48%-0.33pp
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)
- HAG.DE+24.03%
- DSY.PA+13.02%
- OVH.PA+11.94%
- WKL.AS+11.90%
- MYCR.ST+10.87%
- STM-28.26%
- NBIS-27.69%
- ARM-27.59%
- AIXA.DE-23.98%
- BESI.AS-21.48%
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% | 1563.00 | -1.03% | +1.69% | -1.94% | +70.24% | 44 |
| ARM ARM Holdings | 1.54% | 260.01 | -8.14% | -2.69% | -27.59% | +137.86% | 3 |
| NBIS Nebius Group | 1.54% | 187.77 | -15.02% | +5.66% | -27.69% | +124.32% | 2 |
| MTRS.ST Munters Group | 1.54% | 179.60 | -0.22% | -0.88% | +4.45% | +4.89% | 72 |
| VACN.SW VAT Group | 1.54% | 650.60 | +0.46% | -2.34% | -4.52% | +70.66% | 36 |
| BESI.AS BE Semiconductor | 1.54% | 227.00 | -1.26% | +0.67% | -21.48% | +70.79% | 7 |
| SMHN.DE SUSS MicroTec | 1.54% | 79.15 | -0.81% | -0.19% | -18.86% | +102.22% | 13 |
| ASM.AS ASM International | 1.54% | 859.40 | -1.63% | -1.15% | -13.28% | +66.04% | 18 |
| PATH UiPath | 1.54% | 10.84 | +6.27% | -10.78% | +5.14% | -33.86% | 75 |
| BNTX BioNTech | 1.54% | 89.33 | -2.97% | -2.35% | -0.98% | -6.17% | 51 |
| AIXA.DE AIXTRON | 1.54% | 40.23 | -0.27% | +1.95% | -23.98% | +132.48% | 5 |
| IFX.DE Infineon | 1.54% | 64.41 | -1.65% | +1.18% | -21.46% | +72.03% | 8 |
| ATS.VI AT&S | 1.54% | 158.60 | -5.82% | -2.10% | -20.70% | +392.55% | 11 |
| MYCR.ST Mycronic | 1.54% | 342.80 | -1.38% | -0.46% | +10.87% | +55.24% | 92 |
| HAG.DE Hensoldt | 1.54% | 79.80 | +0.86% | +4.56% | +24.03% | +8.72% | 98 |
| SU.PA Schneider Electric | 1.54% | 267.95 | +0.96% | +2.10% | -4.15% | +14.07% | 38 |
| REL.L RELX | 1.54% | 2568.00 | +4.77% | +2.88% | +8.40% | -14.97% | 87 |
| ETN Eaton | 1.54% | 404.07 | -2.66% | +1.02% | -0.13% | +27.26% | 54 |
| ENR.DE Siemens Energy | 1.54% | 151.34 | +0.58% | +2.49% | -7.41% | +26.23% | 31 |
| SAP.DE SAP | 1.54% | 140.20 | +9.26% | +1.65% | +5.99% | -31.57% | 79 |
| SIE.DE Siemens AG | 1.54% | 272.25 | +1.51% | +2.91% | -0.06% | +16.26% | 56 |
| ABBN.SW ABB | 1.54% | 80.00 | +0.18% | +1.01% | -7.75% | +37.09% | 30 |
| SAF.PA Safran | 1.54% | 329.80 | +2.61% | +0.09% | -4.04% | +10.89% | 39 |
| DSY.PA Dassault Systèmes | 1.54% | 19.88 | +7.90% | +11.15% | +13.02% | -16.61% | 97 |
| SHL.DE Siemens Healthineers | 1.54% | 35.06 | +3.03% | -0.17% | +1.92% | -20.07% | 66 |
| HO.PA Thales | 1.54% | 236.40 | -0.80% | +5.96% | +8.24% | +2.87% | 85 |
| WKL.AS Wolters Kluwer | 1.54% | 62.46 | +4.52% | +1.10% | +11.90% | -29.30% | 93 |
| CAP.PA Capgemini | 1.54% | 89.88 | +4.44% | -1.58% | +1.56% | -36.82% | 61 |
| RHM.DE Rheinmetall | 1.54% | 1037.60 | +2.03% | +5.43% | +9.59% | -33.53% | 89 |
| PHIA.AS Philips | 1.54% | 23.16 | +0.74% | -2.11% | -3.22% | -0.34% | 41 |
| STM STMicroelectronics | 1.54% | 51.54 | -3.65% | -16.95% | -28.26% | +99.26% | 0 |
| LR.PA Legrand | 1.54% | 134.30 | -0.48% | -0.81% | -9.04% | +5.54% | 25 |
| VWS.CO Vestas | 1.54% | 173.55 | -1.64% | -2.17% | +2.00% | +0.48% | 67 |
| PRY.MI Prysmian | 1.54% | 126.10 | -1.68% | -3.96% | -14.74% | +47.07% | 16 |
| ALFA.ST Alfa Laval | 1.54% | 574.60 | -0.38% | +2.68% | +1.88% | +25.44% | 64 |
| NEM.DE Nemetschek | 1.54% | 57.15 | +6.03% | +2.51% | +9.80% | -38.42% | 90 |
| KGX.DE Kion Group | 1.54% | 40.55 | +1.60% | -0.81% | +2.61% | -40.59% | 69 |
| NKT.CO NKT A/S | 1.54% | 889.00 | -0.89% | -1.71% | -8.87% | +11.33% | 26 |
| TEMN.SW Temenos | 1.54% | 61.80 | +0.82% | -9.58% | -4.56% | -22.36% | 34 |
| MELE.BR Melexis | 1.54% | 70.65 | -2.35% | +1.00% | -10.68% | +22.87% | 21 |
| TOM.OL Tomra Systems | 1.54% | 100.40 | -1.38% | -8.98% | +5.13% | -24.84% | 74 |
| COTN.SW Comet Holding | 1.54% | 355.80 | -0.89% | +1.08% | -8.44% | +58.39% | 28 |
| OXIG.L Oxford Instruments | 1.54% | 2992.00 | -0.93% | +5.65% | +1.84% | +45.95% | 62 |
| NOD.OL Nordic Semi | 1.54% | 158.40 | -3.41% | -0.88% | -11.66% | +18.83% | 20 |
| OVH.PA OVHcloud | 1.54% | 15.00 | +2.74% | +11.36% | +11.94% | +105.76% | 95 |
| KTN.VI Kontron AG | 1.54% | 22.82 | -0.35% | -0.52% | -1.98% | +0.26% | 43 |
| RR.L Rolls-Royce | 1.54% | 1415.60 | +4.16% | +3.66% | -1.15% | +23.64% | 49 |
| BAS.DE BASF | 1.54% | 48.57 | -0.61% | +0.05% | +0.61% | +14.18% | 57 |
| SGO.PA Saint-Gobain | 1.54% | 74.16 | +1.81% | -2.40% | -9.30% | -14.72% | 23 |
| EVK.DE Evonik | 1.54% | 17.10 | +0.47% | +0.88% | +7.34% | +27.99% | 82 |
| SY1.DE Symrise | 1.54% | 86.90 | +1.54% | -1.96% | -1.74% | +26.16% | 46 |
| SAN.PA Sanofi | 1.54% | 76.03 | -0.43% | -1.69% | +3.08% | -2.95% | 70 |
| AIR.PA Airbus | 1.54% | 206.05 | +0.76% | +6.04% | +5.62% | +5.77% | 77 |
| AFX.DE Carl Zeiss Meditec | 1.54% | 27.80 | +1.68% | -5.12% | -0.71% | -28.94% | 52 |
| SGE.L Sage Group | 1.54% | 858.20 | +4.45% | +1.49% | +7.79% | -19.69% | 84 |
| INF.L Informa | 1.54% | 881.00 | +3.07% | -0.41% | -1.32% | -0.34% | 48 |
| YAR.OL Yara International | 1.54% | 456.10 | -1.32% | +1.06% | +6.07% | +10.17% | 80 |
| CEVI.ST CellaVision | 1.54% | 140.00 | +0.72% | -4.89% | +0.86% | -8.96% | 59 |
| TIETO.HE Tietoevry | 1.54% | 17.88 | +2.58% | +3.17% | -6.19% | +0.19% | 33 |
| P4O.DE Plan Optik | 1.54% | 7.60 | -1.55% | -5.47% | -20.83% | — | 10 |
| M7U.DE Nynomic | 1.54% | 15.35 | -6.97% | -1.92% | -15.19% | +56.00% | 15 |
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.