Constituent dispersion · breadth vs the ETF
IGV — iShares Expanded Tech-Software
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price +2.25% · A/D -32 (-0.55/name)
IGV price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band |
|---|---|---|---|---|---|---|
| 1d | +2.18% | +1.08% | -1.10pp | 42 / 16 | 16 / 42 | 17 of 58 |
| 5d | -3.11% | -3.16% | -0.05pp | 15 / 43 | 29 / 29 | 6 of 58 |
| 21d | +2.25% | +2.67% | +0.42pp | 34 / 24 | 29 / 29 | 1 of 58 |
| YTD | -12.31% | -17.06% | -4.75pp | 16 / 42 | 25 / 33 | 0 of 58 |
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.
Leaders & laggards (21-day)
- GTLB+25.80%
- ESTC+25.15%
- CVLT+24.78%
- VRNS+24.50%
- FTNT+22.67%
- MSTR-29.86%
- INTU-25.51%
- PTC-17.88%
- ZS-15.15%
- ADSK-15.08%
Other ETFs & indices
Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.