Constituent dispersion · breadth vs the index
EXI — Global Industrials
Concentration 19.15% in top 5 60.61 effective names · HHI 165
RS vs S&P 500 21d +2.31pp sector return − SPY
RS vs Nasdaq-100 21d +2.16pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +5.72% · A/D +110 (+0.84/name)
EXI price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections
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 | +0.78% | -0.66 | -13pp | -3.04pp | Weakening |
| 1 month | +5.72% | +0.84 | -23pp | -4.48pp | Confirming ↑ |
| 1 quarter | +5.19% | +3.05 | -1pp | -0.45pp | Confirming ↑ |
Over the last 126 sessions: price up +4.70%, breadth up (+0.2/name) · % beating 47→37 · median−ETF -0.66pp→-3.01pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.15% | -0.06% | -0.21pp | 57 / 70 | 47 / 84 | 84 of 131 | ±1.3% |
| 5d | +0.78% | -0.46% | -1.24pp | 54 / 76 | 44 / 87 | 27 of 131 | ±3.29% |
| 21d | +5.72% | +2.71% | -3.01pp | 86 / 45 | 49 / 82 | 16 of 131 | ±9.48% |
| YTD | +17.96% | +12.09% | -5.87pp | 97 / 34 | 56 / 75 | 7 of 131 | ±22.75% |
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)
- GE+2.15%+0.07pp
- GEV+1.32%+0.04pp
- RTX+1.47%+0.04pp
- VRT+2.36%+0.03pp
- HWM+2.25%+0.02pp
- UNP-1.38%-0.02pp
- SU-0.92%-0.02pp
- FDX-1.39%-0.01pp
- DAL-2.15%-0.01pp
- ADP-1.18%-0.01pp
This month (21d)
- RTX+14.72%+0.36pp
- SU+15.91%+0.27pp
- GE+6.55%+0.21pp
- ETN+13.94%+0.21pp
- LMT+18.53%+0.2pp
- CAT-2.17%-0.09pp
- UPS-10.82%-0.08pp
- DSV.CO-15.15%-0.07pp
- CHRW-27.79%-0.06pp
- WM-7.31%-0.06pp
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)
- LDOS+32.82%
- KRX.IR+30.25%
- KOG.OL+23.65%
- HO.PA+22.85%
- ADEN.SW+22.23%
- CHRW-27.79%
- LII-24.45%
- RTO-21.87%
- ROL-20.37%
- DSV.CO-15.15%
EXI — constituent leadership race
$100 in each covered EXI constituent at 2025-12-30, rebased to 100. Watch leadership change hands.
0%
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 — 131 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| CAT Caterpillar Inc | 4.13% | 856.57 | +0.23% | +1.71% | -2.17% | +50.16% | 22 |
| GE GE Aerospace | 3.25% | 368.38 | +2.15% | -0.46% | +6.55% | +19.77% | 68 |
| GEV GE Vernova Inc | 2.89% | 1063.25 | +1.32% | +7.36% | +2.61% | +62.90% | 49 |
| RTX Rtx Corp | 2.42% | 222.97 | +1.47% | +0.31% | +14.72% | +21.98% | 91 |
| SIE.XETRA SIEMENS N AG | 2.31% | 284.00 | -0.04% | +1.50% | +4.91% | +21.28% | 58 |
| BA Boeing Company | 1.77% | 231.67 | +0.58% | -1.17% | +8.09% | +6.70% | 76 |
| SU Suncor Energy Inc | 1.70% | 306.40 | -0.92% | +0.89% | +15.91% | +30.44% | 92 |
| ABBN.SW ABB LTD | 1.65% | 82.78 | -0.55% | +1.25% | +5.78% | +41.85% | 63 |
| UNP Union Pacific Corp | 1.61% | 293.68 | -1.38% | +0.19% | -1.92% | +28.28% | 23 |
| UBER UBER Technologies Inc | 1.55% | 75.95 | +0.09% | +1.24% | +2.58% | -7.05% | 47 |
| ETN Eaton Corp | 1.52% | 451.51 | -0.40% | +0.63% | +13.94% | +42.20% | 90 |
| ENR Energizer Holdings Inc | 1.49% | 160.72 | +0.00% | +4.68% | +8.05% | +34.06% | 75 |
| HON Honeywell International | 1.46% | 233.96 | -0.01% | -4.69% | +3.37% | +20.52% | 53 |
| RR.LSE ROLLS-ROYCE HOLDINGS PLC | 1.40% | 1541.00 | +1.05% | +0.72% | +11.80% | +34.59% | 86 |
| DE Deere & Company | 1.38% | 608.85 | -0.58% | -1.93% | +1.65% | +31.16% | 42 |
| VRT Vertiv Holdings Llc. | 1.27% | 293.84 | +2.36% | +7.87% | -0.09% | +81.41% | 33 |
| AIR AAR Corp | 1.22% | 215.40 | +1.17% | +0.84% | +10.11% | +10.57% | 81 |
| PH Parker-Hannifin Corp | 1.12% | 1055.85 | -0.29% | -1.68% | +10.17% | +20.62% | 82 |
| PWR Quanta Services | 1.10% | 685.78 | +1.93% | +2.07% | +8.68% | +62.56% | 77 |
| LMT Lockheed Martin Corp | 1.09% | 608.68 | +1.78% | +3.53% | +18.53% | +26.51% | 95 |
| HWM Howmet Aerospace Inc | 1.07% | 289.18 | +2.25% | +2.59% | +6.63% | +41.19% | 69 |
| TT Trane Technologies Plc | 1.02% | 480.20 | +0.53% | -0.44% | +1.09% | +23.96% | 39 |
| ADP Automatic Data Processing | 0.91% | 272.96 | -1.18% | +0.60% | +6.39% | +6.99% | 67 |
| CMI Cummins Inc | 0.91% | 631.26 | -0.06% | -2.02% | -2.56% | +24.47% | 21 |
| GD General Dynamics Corp | 0.88% | 395.78 | +0.72% | +0.95% | +7.31% | +18.59% | 71 |
| CSX CSX Corp | 0.88% | 50.16 | +0.04% | -0.22% | -1.43% | +38.83% | 26 |
| FDX Fedex Corp | 0.86% | 334.64 | -1.39% | +5.04% | +5.17% | +16.32% | 59 |
| JCI Johnson Controls Intl | 0.85% | 153.64 | +1.45% | +0.94% | +8.76% | +28.70% | 78 |
| WM Waste Management | 0.83% | 224.55 | +0.15% | -1.37% | -7.31% | +3.05% | 10 |
| MMM 3M Company | 0.82% | 182.65 | +0.00% | -0.14% | +12.91% | +14.60% | 87 |
| BA BAE SYSTEMS PLC | 0.81% | 231.67 | +0.58% | -1.17% | +8.09% | +6.70% | 76 |
| EMR Emerson Electric Company | 0.78% | 163.17 | -0.63% | +3.10% | +17.32% | +23.91% | 93 |
| NOC Northrop Grumman Corp | 0.75% | 585.87 | +1.94% | +2.50% | +12.96% | +3.08% | 88 |
| UPS United Parcel Service | 0.75% | 104.50 | -0.99% | +0.00% | -10.82% | +6.82% | 5 |
| DG Dollar General Corp | 0.73% | 123.28 | +0.98% | -2.61% | -3.05% | -6.31% | 20 |
| NSC Norfolk Southern Corp | 0.72% | 334.41 | -1.02% | +0.01% | -1.08% | +16.84% | 29 |
| TDG Transdigm Group Inc | 0.70% | 1256.90 | +0.85% | +2.58% | +2.09% | -5.49% | 44 |
| ITW Illinois Tool Works | 0.67% | 290.81 | -0.06% | -1.97% | +2.77% | +18.82% | 50 |
| FIX Comfort Systems USA | 0.66% | 1774.06 | +2.69% | +4.75% | +5.56% | +90.26% | 62 |
| REL.LSE RELX PLC | 0.62% | 2526.00 | +1.41% | -3.84% | +0.96% | -14.80% | 38 |
| URI United Rentals | 0.60% | 1153.83 | +2.97% | -0.60% | +7.65% | +43.18% | 73 |
| CTAS Cintas Corp | 0.60% | 199.52 | -0.59% | -1.48% | -3.26% | +6.33% | 18 |
| PCAR Paccar Inc | 0.59% | 130.79 | +0.05% | -1.48% | +3.25% | +20.11% | 52 |
| LHX L3Harris Technologies | 0.59% | 291.82 | +1.16% | +1.80% | +2.60% | -0.25% | 48 |
| GWW W.W. Grainger | 0.56% | 1322.64 | +0.10% | +3.73% | -5.66% | +31.59% | 14 |
| AME Ametek Inc | 0.53% | 254.79 | -0.56% | +0.45% | +7.37% | +24.30% | 72 |
| FAST Fastenal Company | 0.51% | 51.02 | -0.62% | -1.58% | +9.32% | +28.52% | 79 |
| ROK Rockwell Automation Inc | 0.51% | 449.37 | +0.87% | +1.89% | -4.12% | +16.26% | 18 |
| DAL Delta Air Lines Inc | 0.51% | 89.35 | -2.15% | -2.18% | +3.06% | +29.44% | 51 |
| CARR Carrier Global Corp | 0.50% | 62.78 | -0.90% | -1.92% | -9.13% | +19.75% | 7 |
| ATCO-A.ST ATLAS COPCO CLASS A | 0.48% | 208.40 | -0.62% | -0.57% | +6.79% | +27.32% | 69 |
| DSV.CO DSV | 0.48% | 1437.00 | +0.77% | +6.52% | -15.15% | -10.63% | 3 |
| LR.PA LEGRAND SA | 0.47% | 140.70 | -0.74% | +0.36% | +2.18% | +10.57% | 44 |
| WAB Wabtec Corp | 0.45% | 299.02 | +0.35% | +2.47% | +13.31% | +40.43% | 89 |
| RSG Republic Services | 0.43% | 214.71 | -0.24% | +0.07% | -4.37% | +1.90% | 17 |
| WCN Waste Connections Inc | 0.41% | 166.29 | +0.46% | -0.25% | -4.61% | -4.76% | 15 |
| SGO.PA COMPAGNIE DE SAINT GOBAIN SA | 0.40% | 83.94 | -0.24% | -1.76% | +9.55% | -3.47% | 80 |
| ODFL Old Dominion Freight Line | 0.39% | 210.97 | -2.21% | -2.49% | -11.04% | +34.74% | 4 |
| EME Emcor Group | 0.39% | 836.29 | +0.61% | +2.37% | +11.50% | +36.85% | 83 |
| ASSA-B.ST ASSA ABLOY B | 0.37% | 356.90 | -1.00% | -2.62% | +7.50% | +0.33% | 73 |
| FER Ferrovial N.V. | 0.33% | 64.13 | -0.59% | -3.58% | +0.74% | -0.74% | 37 |
| EXPN.LSE EXPERIAN PLC | 0.33% | 2890.00 | +2.81% | -0.24% | +7.80% | -13.67% | 74 |
| UAL United Airlines Holdings | 0.33% | 125.34 | -0.80% | -3.26% | +5.50% | +12.09% | 61 |
| VWS.CO VESTAS WIND SYSTEMS | 0.32% | 204.50 | -1.68% | +14.86% | +14.82% | +18.40% | 92 |
| AXON Axon Enterprise | 0.31% | 612.83 | -0.45% | +7.32% | +13.12% | +7.91% | 89 |
| CPRT Copart Inc | 0.31% | 31.61 | +7.55% | +6.57% | +11.74% | -19.26% | 85 |
| PAYX Paychex Inc | 0.31% | 122.02 | -2.70% | +1.65% | +6.38% | +9.90% | 66 |
| ACS.MC ACS ACTIVIDADES DE CONSTRUCCION Y | 0.31% | 109.50 | -0.36% | +0.46% | -7.91% | +29.68% | 9 |
| OTIS Otis Worldwide Corp | 0.29% | 72.63 | -0.55% | -1.24% | -3.16% | -15.96% | 19 |
| DOV Dover Corp | 0.29% | 207.07 | +0.20% | -1.92% | -4.80% | +6.56% | 15 |
| XYL Xylem Inc | 0.27% | 119.68 | -0.53% | -0.53% | -4.49% | -11.82% | 16 |
| ATCO-B.ST ATLAS COPCO CLASS B | 0.27% | 181.15 | -0.74% | -0.77% | +4.65% | +22.36% | 56 |
| IR Ingersoll Rand Inc | 0.26% | 83.34 | -1.12% | -4.15% | -1.70% | +5.25% | 25 |
| HUBB Hubbell Inc B | 0.25% | 511.39 | +0.85% | -0.51% | +6.09% | +15.81% | 64 |
| HO.PA THALES SA | 0.25% | 270.40 | +0.67% | +2.11% | +22.85% | +17.67% | 97 |
| VRSK Verisk Analytics Inc | 0.24% | 181.67 | -2.30% | -5.29% | -9.84% | -18.58% | 6 |
| KNEBV.HE KONE | 0.23% | 50.10 | +0.00% | -2.42% | +1.15% | -14.72% | 40 |
| VLTO Veralto Corporation | 0.22% | 97.68 | +0.14% | -0.67% | +3.68% | -1.96% | 53 |
| CHRW C.H. Robinson Ww | 0.22% | 148.57 | -0.52% | -0.52% | -27.79% | -6.95% | 0 |
| EXPD Expeditors Intl | 0.22% | 186.12 | -0.50% | +4.15% | +2.29% | +25.55% | 46 |
| GEBN.SW GEBERIT AG | 0.21% | 543.00 | +0.04% | -3.28% | +3.78% | -10.23% | 54 |
| AENA.MC AENA SME SA | 0.21% | 26.38 | -1.71% | -1.71% | +0.53% | +14.65% | 35 |
| VACN.SW VAT GROUP AG | 0.21% | 645.40 | -1.01% | +1.93% | -6.63% | +69.29% | 12 |
| LUV Southwest Airlines Company | 0.20% | 44.26 | -1.36% | -5.93% | -10.46% | +7.55% | 5 |
| EFX Equifax Inc | 0.20% | 180.85 | -2.55% | -0.94% | +0.68% | -16.14% | 36 |
| JBHT J B Hunt Transport | 0.20% | 279.71 | -0.92% | +4.17% | -6.27% | +44.48% | 13 |
| WRT1V.HE WARTSILA | 0.20% | 29.69 | +0.00% | +0.88% | -0.07% | -0.80% | 34 |
| SNA Snap-On Inc | 0.19% | 403.56 | -0.26% | -3.07% | -2.75% | +18.66% | 21 |
| SGSN.SW SGS SA | 0.19% | 94.42 | +0.23% | -2.70% | -0.53% | +7.94% | 31 |
| FTV Fortive Corp | 0.19% | 61.62 | -0.31% | -0.15% | -1.33% | +11.73% | 27 |
| BR Broadridge Financial Solutions | 0.18% | 171.01 | -0.71% | +2.71% | +11.73% | -22.95% | 84 |
| EPI-A.ST EPIROC CLASS A | 0.18% | 248.30 | -0.16% | -1.15% | -0.68% | +18.29% | 31 |
| WKL.AS WOLTERS KLUWER NV | 0.17% | 69.78 | +2.14% | -0.43% | +11.29% | -21.01% | 82 |
| LDOS Leidos Holdings Inc | 0.16% | 143.83 | +0.86% | +4.55% | +32.82% | -20.07% | 99 |
| ROL Rollins Inc | 0.16% | 36.20 | -0.06% | -3.61% | -20.37% | -39.30% | 2 |
| TXT Textron Inc | 0.16% | 89.00 | +1.09% | -0.48% | -1.81% | +2.12% | 24 |
| IEX Idex Corp | 0.16% | 238.94 | -0.08% | +1.91% | +4.36% | +35.25% | 55 |
| NDSN Nordson Corp | 0.16% | 308.72 | -0.41% | -0.45% | +5.24% | +28.80% | 60 |
| LII Lennox International | 0.16% | 422.01 | +0.88% | -4.04% | -24.45% | -12.84% | 1 |
| KOG.OL KONGSBERG GRUPPEN | 0.15% | 336.70 | +2.34% | +8.40% | +23.65% | +30.91% | 98 |
| RTO Rentokil Initial Plc ADR | 0.15% | 351.10 | -0.09% | -1.59% | -21.87% | -20.57% | 2 |
| GNRC Generac Holdings Inc | 0.15% | 219.30 | +1.22% | +3.34% | +1.82% | +60.81% | 43 |
| RYA.IR RYANAIR HOLDINGS PLC | 0.15% | 24.40 | -1.01% | -2.32% | -8.41% | -16.86% | 8 |
| MAS Masco Corp | 0.14% | 74.33 | -0.34% | -4.10% | -7.25% | +18.19% | 11 |
| J Jacobs Engineering Group | 0.14% | 144.66 | +0.52% | -0.28% | +9.33% | +9.84% | 79 |
| KRX.IR KINGSPAN GROUP PLC | 0.13% | 101.40 | -1.46% | +5.52% | +30.25% | +37.26% | 98 |
| DPLM.LSE DIPLOMA PLC | 0.13% | 7370.00 | +0.07% | -4.29% | +2.43% | +40.69% | 47 |
| METSO.HE METSO CORPORATION | 0.13% | 16.44 | +0.12% | -1.91% | +7.17% | +11.24% | 70 |
| HII Huntington Ingalls Industries | 0.13% | 327.71 | +0.60% | +1.00% | +20.90% | -2.92% | 95 |
| PNR Pentair Ltd | 0.12% | 66.16 | -1.06% | -3.96% | +1.16% | -36.12% | 40 |
| SWK Stanley Black & Decker | 0.12% | 102.07 | -0.14% | -1.75% | +11.78% | +38.94% | 85 |
| KNIN.SW KUEHNE UND NAGEL INTERNATIONAL AG | 0.12% | 211.30 | +0.67% | +5.89% | +0.52% | +27.72% | 34 |
| TRI Thomson Reuters Corp | 0.12% | 103.61 | -2.32% | +1.75% | +4.85% | -19.69% | 57 |
| ALLE Allegion Plc | 0.12% | 164.78 | -1.00% | -2.46% | +18.14% | +3.88% | 94 |
| BVI.PA BUREAU VERITAS SA | 0.11% | 27.57 | +0.77% | -2.79% | +0.73% | +5.01% | 37 |
| EN.PA BOUYGUES SA | 0.11% | 47.65 | +0.15% | -2.04% | -0.10% | +12.00% | 32 |
| SMIN Ishares MSCI India Small Cap ETF | 0.11% | 71.43 | -0.20% | -0.64% | +2.26% | +2.17% | 45 |
| BNZL.LSE BUNZL | 0.11% | 2758.00 | +0.44% | -3.90% | -0.86% | +35.86% | 30 |
| FGR.PA EIFFAGE SA | 0.11% | 120.80 | -0.37% | -2.23% | -1.23% | +2.50% | 28 |
| PAC Grupo Aeroportuario Del Pacifico ADR | 0.10% | 206.98 | -1.03% | -7.06% | -8.12% | -21.49% | 8 |
| EPI-B.ST EPIROC CLASS B | 0.10% | 211.00 | -0.38% | -1.22% | -1.31% | +13.95% | 27 |
| ADDT-B.ST ADDTECH CLASS B | 0.10% | 343.80 | -0.06% | -4.02% | -1.88% | +5.01% | 24 |
| SKA-B.ST SKANSKA B | 0.09% | 267.00 | -0.04% | -1.22% | +5.83% | +12.04% | 63 |
| BLDR Builders Firstsource | 0.08% | 72.51 | -1.43% | -2.92% | -7.28% | -29.53% | 11 |
| MRO Marathon Oil Corp | 0.08% | 494.30 | +0.45% | +2.39% | +6.28% | -15.20% | 66 |
| TREL-B.ST TRELLEBORG B | 0.08% | 434.40 | -0.69% | -1.50% | +4.62% | +12.92% | 56 |
| SPX.LSE SPIRAX GROUP PLC | 0.07% | 7020.00 | -1.61% | -6.40% | +1.30% | +4.63% | 41 |
| NIBE-B.ST NIBE INDUSTRIER CLASS B | 0.07% | 38.28 | -0.23% | -4.63% | +5.40% | +7.47% | 60 |
| IMCD.AS IMCD NV | 0.07% | 97.94 | +0.95% | -2.74% | +6.18% | +28.90% | 65 |
| AOS Smith A.O. Corp | 0.06% | 62.17 | -0.53% | -2.83% | +2.71% | -6.05% | 50 |
| ADEN.SW ADECCO GROUP AG | 0.03% | 23.64 | +1.55% | -0.08% | +22.23% | +7.66% | 96 |
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.