Constituent dispersion · breadth vs the index
IXC — Global Energy
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 | -1.96% | -0.6 | -3pp | +0.51pp | Confirming ↓ |
| 1 month | +1.72% | +1.14 | +3pp | -0.12pp | Confirming ↑ |
| 1 quarter | +16.38% | +4.17 | -28pp | -3.40pp | Confirming ↑ |
Over the last 126 sessions: price up +1.11%, breadth up (+5.23/name) · % beating 60→43 · median−ETF +2.71pp→-0.72pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.35% | +0.66% | +0.32pp | 23 / 12 | 20 / 15 | 15 of 35 | ±1.3% |
| 5d | -1.96% | -1.71% | +0.25pp | 12 / 23 | 19 / 16 | 10 of 35 | ±3.32% |
| 21d | +1.72% | +1.00% | -0.72pp | 19 / 16 | 15 / 20 | 4 of 35 | ±6.89% |
| YTD | +38.42% | +38.41% | -0.01pp | 32 / 3 | 17 / 18 | 2 of 35 | ±36.87% |
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)
- SHEL+1.70%+0.12pp
- XOM+0.56%+0.1pp
- TTE+1.80%+0.09pp
- COP+0.98%+0.04pp
- VLO+1.87%+0.04pp
- SU-1.21%-0.03pp
- BKR-1.28%-0.02pp
- SLB-0.85%-0.02pp
- WMB-0.75%-0.02pp
- PBR-1.42%-0.01pp
This month (21d)
- SHEL+7.52%+0.51pp
- TTE+7.66%+0.4pp
- CVX+2.88%+0.28pp
- VLO+12.47%+0.25pp
- MPC+10.16%+0.2pp
- BKR-7.33%-0.13pp
- COP-1.90%-0.08pp
- SLB-2.99%-0.07pp
- SU-3.14%-0.07pp
- PPL-8.63%-0.07pp
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)
- REP.XETRA+17.22%
- PBR+16.75%
- NESTE.HE+12.75%
- VLO+12.47%
- MPC+10.16%
- TPL-9.12%
- PPL-8.63%
- BKR-7.33%
- EXE-6.38%
- FANG-5.44%
IXC — constituent leadership race
$100 in each covered IXC constituent at 2025-12-30, 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 — 35 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| XOM Exxon Mobil Corp | 17.75% | 162.14 | +0.56% | -0.69% | +0.93% | +35.63% | 46 |
| CVX Chevron Corp | 9.79% | 205.65 | +0.07% | -2.80% | +2.88% | +36.25% | 57 |
| SHEL Shell Plc ADR | 6.75% | 3641.00 | +1.70% | +1.96% | +7.52% | +35.37% | 71 |
| TTE Totalenergies Se ADR | 5.17% | 81.05 | +1.80% | +1.78% | +7.66% | +47.35% | 74 |
| COP Conocophillips | 4.04% | 129.34 | +0.98% | -2.89% | -1.90% | +39.24% | 31 |
| BP BP PLC | 3.26% | 44.41 | -0.18% | -2.22% | +3.62% | +32.62% | 63 |
| WMB Williams Companies | 2.59% | 70.58 | -0.75% | -1.71% | -0.70% | +18.26% | 37 |
| SLB Slb Limited | 2.34% | 51.43 | -0.85% | -1.25% | -2.99% | +34.79% | 20 |
| SU Suncor Energy Inc | 2.20% | 289.80 | -1.21% | +0.94% | -3.14% | +23.37% | 17 |
| EOG Eog Resources | 2.08% | 142.86 | +0.72% | -1.79% | -2.70% | +38.41% | 23 |
| VLO Valero Energy Corp | 2.01% | 382.86 | +1.87% | -7.19% | +12.47% | +137.75% | 89 |
| MPC Marathon Petroleum Corp | 2.00% | 390.95 | +0.66% | -7.35% | +10.16% | +141.60% | 86 |
| PSX Phillips 66 | 1.92% | 255.87 | -0.24% | -6.69% | +8.01% | +99.92% | 77 |
| KMI Kinder Morgan Inc | 1.79% | 31.25 | -0.38% | -0.19% | +1.00% | +15.84% | 49 |
| BKR Baker Hughes Company | 1.78% | 57.29 | -1.28% | +1.27% | -7.33% | +26.70% | 6 |
| OKE Oneok Inc | 1.59% | 91.18 | +0.71% | -2.19% | -0.57% | +27.26% | 43 |
| TRGP Targa Resources | 1.59% | 283.15 | +0.05% | -0.67% | -1.31% | +55.01% | 34 |
| DVN Devon Energy Corp | 1.49% | 48.90 | +1.79% | +0.37% | +4.24% | +34.19% | 66 |
| OXY Occidental Petroleum | 1.16% | 58.05 | +1.20% | -2.09% | -0.62% | +41.84% | 40 |
| CVE Cenovus Energy Inc | 1.12% | 31.28 | +0.64% | -4.95% | +1.69% | +87.10% | 54 |
| FANG Diamondback Energy | 1.07% | 189.01 | +1.81% | -4.03% | -5.44% | +26.48% | 11 |
| PBR Petroleo Brasileiro S.A. Petrobras ADR | 1.02% | 20.84 | -1.42% | -0.48% | +16.75% | +83.49% | 94 |
| EQT Eqt Corp | 0.99% | 51.87 | +1.59% | +3.02% | -3.94% | -2.68% | 14 |
| HAL Halliburton Company | 0.96% | 32.76 | -0.76% | -3.73% | -2.63% | +16.98% | 26 |
| REP.XETRA REPSOL SA | 0.80% | 31.52 | +2.17% | +6.09% | +17.22% | +103.59% | 97 |
| PPL PPL Corp | 0.79% | 31.97 | -0.87% | -4.85% | -8.63% | -8.03% | 3 |
| TPL Texas Pacific Land Trust | 0.63% | 338.25 | +0.75% | -2.58% | -9.12% | +18.08% | 0 |
| EXE Expand Energy Corporation | 0.63% | 88.62 | +1.82% | +0.33% | -6.38% | -18.77% | 9 |
| NESTE.HE NESTE | 0.39% | 35.82 | +1.65% | +4.40% | +12.75% | +85.84% | 91 |
| APA Apa Corp | 0.37% | 43.68 | -0.05% | -3.92% | +5.63% | +81.48% | 69 |
| AKRBP.OL AKER BP | 0.32% | 360.40 | +2.50% | -1.99% | +3.59% | +46.22% | 60 |
| OMV.XETRA OMV AG | 0.29% | 73.00 | +2.67% | +1.46% | +8.47% | +65.54% | 80 |
| GALP.LS GALP ENERGIA SGPS SA CLASS B | 0.26% | 23.18 | +3.25% | +5.12% | +9.60% | +61.08% | 83 |
| DCC.LSE DCC PLC | 0.19% | 6440.00 | +0.16% | +0.78% | +1.26% | +42.55% | 51 |
| EC Ecopetrol S.A. ADR | 0.09% | 16.37 | -1.92% | -5.81% | -2.50% | +71.49% | 29 |
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.
FAQ · from the current data
IXC dispersion — data Q&A
Is IXC's move broad or carried by a few names (21 sessions)?
As of 2026-09-24: over 21 sessions the fund returned +1.72% while its median constituent returned +1.00% — a dispersion of 6.89 pp; 43% of 35 members beat the fund. Broad advance - breadth is rising with price.
How did IXC's members trade in the last session?
As of 2026-09-24: fund +0.35%, median member +0.66%, 23 advancers vs 12 decliners.
What does the dispersion page for IXC measure?
It splits the fund into its members: the fund's own return against the median constituent, how many members beat the fund, advancers vs decliners, and a cumulative advance/decline line that tends to lead price. A firm fund price with a weak median and a falling A/D line is a narrow, top-heavy tape; a broad move shows the median keeping up. 35 constituents covered, re-baked nightly from the Closelook lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.