Constituent dispersion · breadth vs the index
IXG — Global Financials
Concentration 26.6% in top 5 42.37 effective names · HHI 236
RS vs S&P 500 21d +4.58pp sector return − SPY
RS vs Nasdaq-100 21d +9.07pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +5.36% · A/D +373 (+3.01/name)
IXG 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 | +0.82% | +0.14 | -9pp | -2.03pp | Improving |
| 1 month | +5.36% | +3.01 | -6pp | -0.68pp | Confirming ↑ |
| 1 quarter | +9.20% | +4.75 | -5pp | -1.20pp | Confirming ↑ |
Over the last 126 sessions: price up +8.75%, breadth up (+8.27/name) · % beating 50→54 · median−ETF -0.04pp→+0.55pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.03% | +1.26% | +0.22pp | 102 / 22 | 71 / 53 | 75 of 124 | ±1.69% |
| 5d | +0.82% | +0.46% | -0.36pp | 70 / 53 | 51 / 73 | 41 of 124 | ±3.07% |
| 21d | +5.36% | +5.68% | +0.32pp | 106 / 18 | 64 / 60 | 18 of 124 | ±6.81% |
| YTD | +8.42% | +9.24% | +0.82pp | 80 / 44 | 66 / 58 | 8 of 124 | ±21.53% |
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)
- JPM+0.95%+0.05pp
- BRK-B+0.83%+0.05pp
- MA+1.77%+0.05pp
- V+1.18%+0.04pp
- HSBA.LSE+1.69%+0.04pp
- AXP-4.30%-0.05pp
- HOOD-6.57%-0.03pp
- GS-1.26%-0.03pp
- MS-0.33%-0.01pp
- SAN-0.43%-0.01pp
This month (21d)
- JPM+5.93%+0.33pp
- V+7.08%+0.27pp
- MA+9.15%+0.26pp
- BAC+7.48%+0.18pp
- HSBA.LSE+7.43%+0.16pp
- C-7.94%-0.12pp
- AXP-4.52%-0.05pp
- NN-26.74%-0.04pp
- MS-2.45%-0.04pp
- GS-1.46%-0.03pp
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)
- PYPL+32.18%
- TRV+20.74%
- GPN+20.63%
- JKHY+17.59%
- FDS+17.51%
- NN-26.74%
- ASX-10.89%
- C-7.94%
- MSCI-4.59%
- AXP-4.52%
IXG — constituent leadership race
$100 in each covered IXG 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 — 124 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| BRK-B BERKSHIRE HATHAWAY INC CLASS B | 6.04% | 494.93 | +0.83% | +0.82% | +0.02% | -1.54% | 15 |
| JPM JP Morgan Chase & Company | 5.61% | 353.21 | +0.95% | +3.55% | +5.93% | +10.67% | 51 |
| V Visa Inc | 3.82% | 355.74 | +1.18% | -0.79% | +7.08% | +1.64% | 60 |
| MA Mastercard Inc | 2.79% | 539.66 | +1.77% | -0.72% | +9.15% | -5.16% | 72 |
| BAC Bank of America Corp | 2.35% | 62.05 | +1.26% | +1.27% | +7.48% | +13.46% | 66 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1552.80 | +1.69% | +4.06% | +7.43% | +36.64% | 64 |
| GS Goldman Sachs Group | 2.04% | 1061.23 | -1.26% | -0.37% | -1.46% | +21.37% | 10 |
| MS Morgan Stanley | 1.65% | 214.48 | -0.33% | -0.47% | -2.45% | +22.13% | 7 |
| WFC Wells Fargo & Company | 1.61% | 86.31 | +0.14% | -1.37% | +2.38% | -6.94% | 25 |
| C Citigroup Inc | 1.50% | 132.19 | +0.24% | +2.19% | -7.94% | +14.41% | 2 |
| SAN Banco Santander ADR | 1.22% | 76.03 | -0.43% | -1.69% | +3.08% | -2.95% | 32 |
| AXP American Express Company | 1.14% | 326.17 | -4.30% | -8.21% | -4.52% | -11.36% | 3 |
| BLK Blackrock Inc | 1.05% | 1055.67 | +1.78% | -1.54% | +7.44% | -0.82% | 65 |
| SCHW The Charles Schwab Corp | 1.04% | 101.97 | +0.35% | +0.40% | +11.58% | +2.41% | 84 |
| UBSG.SW UBS GROUP AG | 0.98% | 42.31 | +0.17% | -0.54% | +3.70% | +15.93% | 36 |
| SPGI S&P Global Inc | 0.88% | 426.40 | +1.52% | -5.42% | +5.98% | -18.03% | 52 |
| CB Chubb Ltd | 0.82% | 359.75 | +1.84% | +2.16% | +7.34% | +15.60% | 62 |
| COF Capital One Financial Corp | 0.80% | 202.84 | +1.44% | -2.49% | +1.18% | -15.63% | 19 |
| PGR Progressive Corp | 0.80% | 213.83 | +3.26% | +2.83% | -2.98% | -0.08% | 5 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 623.00 | +0.81% | -0.22% | +6.17% | +9.27% | 54 |
| CME CME Group | 0.72% | 255.31 | +0.39% | +4.19% | +10.20% | -4.27% | 77 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 105.84 | +1.97% | +3.76% | +2.86% | +34.11% | 30 |
| BN Brookfield Corp | 0.69% | 70.00 | +2.28% | -4.08% | +0.03% | -5.57% | 16 |
| BNY Bank of New York Mellon Corp | 0.66% | 158.91 | -0.75% | +1.13% | +10.69% | +38.04% | 78 |
| BX Blackstone Inc | 0.61% | 130.00 | +4.42% | +2.43% | +15.05% | -13.89% | 94 |
| PNC PNC Bank | 0.61% | 250.99 | +0.69% | +0.05% | +4.61% | +22.10% | 42 |
| ICE Intercontinental Exchange | 0.59% | 145.79 | +1.80% | +4.40% | +12.13% | -9.69% | 85 |
| USB U.S. Bancorp | 0.58% | 63.97 | +1.01% | +1.31% | +7.33% | +21.12% | 61 |
| INGA.AS ING GROEP NV | 0.57% | 28.95 | +1.49% | +2.04% | +5.48% | +25.09% | 49 |
| BARC.LSE BARCLAYS PLC | 0.56% | 525.40 | +1.14% | +1.68% | +0.79% | +11.68% | 18 |
| MRSH Marsh & Mclennan Companies | 0.55% | 180.74 | +2.46% | -0.23% | +8.91% | -1.58% | 71 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 113.50 | +0.93% | +1.79% | +3.13% | +18.35% | 33 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 403.50 | +1.31% | +1.64% | +1.51% | +23.44% | 20 |
| AON AON Plc | 0.48% | 361.70 | +1.66% | -1.50% | +11.13% | +2.99% | 81 |
| MCO Moody's Corp | 0.47% | 471.50 | -0.16% | -7.70% | +4.83% | -7.28% | 45 |
| TRV The Travelers Companies | 0.46% | 387.26 | +2.89% | +4.95% | +20.74% | +34.00% | 98 |
| KKR KKR & Company LP | 0.45% | 99.36 | +3.53% | -1.57% | +8.58% | -21.76% | 69 |
| NWG Natwest Group Plc ADR | 0.43% | 676.00 | +0.81% | +0.99% | +2.27% | +8.00% | 24 |
| APO Apollo Asset Management | 0.42% | 122.61 | +3.03% | +1.78% | +0.01% | -14.60% | 15 |
| TFC Truist Financial Corp | 0.41% | 51.76 | +1.09% | -1.41% | +3.96% | +7.37% | 40 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 94.91 | -6.57% | -5.05% | -2.35% | -16.08% | 8 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 8774.00 | +2.40% | -2.27% | +9.29% | -0.88% | 73 |
| ALL Allstate Corp | 0.38% | 259.97 | +2.14% | +4.03% | +11.32% | +26.19% | 81 |
| AFL Aflac Inc | 0.38% | 125.60 | +1.01% | +0.71% | +6.67% | +15.10% | 57 |
| GLE Global Engine Group Holding Limited | 0.37% | 77.17 | +1.86% | +3.51% | -1.29% | +13.89% | 10 |
| AJG Arthur J. Gallagher & Company | 0.37% | 247.77 | +2.30% | -2.41% | +12.24% | -3.65% | 86 |
| NU Nu Holdings Ltd Cl A | 0.34% | 14.09 | -0.70% | +3.68% | +13.08% | -15.83% | 90 |
| CABK.MC CAIXABANK SA | 0.34% | 13.30 | +3.06% | +6.66% | +7.47% | +30.81% | 65 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2137.00 | +0.38% | +1.62% | +3.59% | +19.99% | 35 |
| G Genpact Ltd | 0.32% | 31.26 | +2.93% | +1.20% | +9.57% | -32.85% | 74 |
| MET Metlife Inc | 0.32% | 94.83 | +2.47% | +0.88% | +12.09% | +21.92% | 85 |
| SREN.SW SWISS RE AG | 0.32% | 134.50 | +1.59% | -2.75% | +6.11% | +6.22% | 53 |
| FITB Fifth Third Bancorp | 0.30% | 57.41 | +0.45% | -1.03% | +5.20% | +23.75% | 47 |
| STT State Street Corp | 0.29% | 185.40 | +0.65% | +1.59% | +10.34% | +45.62% | 77 |
| COIN Coinbase Global Cl A | 0.29% | 158.29 | -1.78% | +0.74% | +5.45% | -30.00% | 48 |
| MSCI MSCI Inc | 0.29% | 550.79 | -0.31% | -12.39% | -4.59% | -3.27% | 2 |
| AIG American International Group | 0.29% | 79.06 | +1.15% | -1.79% | +3.84% | -7.04% | 38 |
| AMP Ameriprise Financial Services | 0.29% | 528.90 | +1.69% | +0.20% | +14.74% | +8.58% | 93 |
| PYPL Paypal Holdings | 0.28% | 56.15 | +0.27% | -0.72% | +32.18% | -3.53% | 99 |
| NDAQ Nasdaq Inc | 0.28% | 92.09 | +1.85% | +0.49% | +12.84% | -4.89% | 87 |
| PRU Prudential Financial Inc | 0.27% | 119.96 | +1.80% | +0.75% | +12.89% | +9.20% | 88 |
| HIG The Hartford Insurance Group | 0.26% | 140.53 | -1.16% | +0.19% | +6.20% | +2.90% | 55 |
| XYZ Block Inc | 0.26% | 77.15 | +0.86% | -3.49% | +1.94% | +18.53% | 23 |
| IBKR Interactive Brokers | 0.25% | 91.74 | -0.02% | +1.34% | -1.13% | +42.95% | 14 |
| PRU Prudential Financial Inc | 0.25% | 119.96 | +1.80% | +0.75% | +12.89% | +9.20% | 88 |
| CBOE CBOE Global Markets | 0.25% | 285.07 | +0.07% | +4.26% | +14.22% | +14.09% | 91 |
| ADYEN.AS ADYEN NV | 0.24% | 801.00 | +0.70% | -3.85% | -2.54% | -41.75% | 6 |
| ACGL Arch Capital Grp Ltd | 0.24% | 103.36 | +3.26% | +1.98% | +8.89% | +7.76% | 70 |
| DANSKE.CO DANSKE BANK | 0.23% | 356.50 | -0.53% | -3.02% | +2.83% | +22.81% | 29 |
| SWED-A.ST SWEDBANK | 0.23% | 371.00 | +1.26% | +3.17% | +4.07% | +27.09% | 41 |
| MTB M&T Bank Corp | 0.22% | 249.60 | +1.48% | +0.14% | +7.01% | +25.62% | 59 |
| HBAN Huntington Bancshares | 0.22% | 17.36 | -0.23% | -4.88% | -1.25% | +1.08% | 11 |
| KBC.BR KBC GROEP | 0.22% | 122.40 | +1.32% | +1.66% | +3.86% | +14.22% | 39 |
| NTRS Northern Trust Corp | 0.21% | 180.52 | +1.44% | -2.25% | +3.79% | +33.52% | 37 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 945.00 | +0.23% | -0.88% | +7.07% | +7.54% | 60 |
| III Information Svcs Group | 0.21% | 2758.00 | +3.14% | +7.07% | +8.84% | -15.48% | 69 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 218.60 | +1.44% | +1.53% | +14.90% | +17.65% | 94 |
| FISV Fiserv Inc | 0.20% | 51.02 | +2.10% | +0.77% | +5.87% | -24.04% | 50 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 9.63 | +0.52% | -0.72% | +6.44% | -3.07% | 56 |
| CFG Citizens Financial Group | 0.18% | 71.88 | +0.11% | -0.70% | +3.48% | +24.82% | 35 |
| RJF Raymond James Financial | 0.18% | 169.30 | +1.90% | +0.56% | +9.76% | +6.18% | 75 |
| CINF Cincinnati Financial | 0.18% | 182.81 | +1.91% | +1.12% | +2.44% | +12.59% | 26 |
| ARES Ares Management LP | 0.18% | 126.51 | +4.31% | +0.66% | +11.10% | -20.66% | 80 |
| AV.LSE AVIVA PLC | 0.17% | 691.00 | +1.08% | +2.74% | +6.93% | +5.38% | 58 |
| A5G.IR AIB GROUP PLC | 0.17% | 10.82 | +1.64% | +5.41% | +2.66% | +23.73% | 27 |
| SYF Synchrony Financial | 0.17% | 72.90 | +1.57% | -0.98% | -4.48% | -11.91% | 4 |
| WTW Willis Towers Watson Public | 0.17% | 295.11 | +2.34% | +0.57% | +13.26% | -9.89% | 90 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 677.00 | +0.86% | -1.11% | +4.64% | -27.38% | 43 |
| CPAY Corpay Inc | 0.17% | 370.58 | +1.58% | +1.31% | +7.65% | +23.14% | 67 |
| RF Regions Financial Corp | 0.16% | 30.86 | +0.65% | -2.50% | +4.65% | +16.07% | 44 |
| NN Nextnav Inc | 0.16% | 12.44 | -1.66% | -4.75% | -26.74% | -25.24% | 0 |
| TROW T Rowe Price Group | 0.16% | 116.50 | +1.35% | -0.72% | +10.74% | +15.49% | 79 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 143.45 | +1.45% | +3.16% | +1.63% | +22.27% | 21 |
| FIS Fidelity National Information Services | 0.15% | 41.51 | +3.67% | -0.95% | +7.37% | -37.00% | 63 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 37.68 | +1.18% | +0.88% | +2.03% | +30.93% | 23 |
| ACA Arcosa Inc | 0.15% | 18.51 | +2.61% | +4.05% | +4.76% | +12.74% | 44 |
| PFG Principal Financial Group | 0.14% | 109.40 | +1.94% | -3.99% | +2.53% | +26.14% | 27 |
| HBAN Huntington Bancshares | 0.14% | 17.36 | -0.23% | -4.88% | -1.25% | +1.08% | 11 |
| WRB W.R. Berkley Corp | 0.14% | 75.46 | +2.76% | +5.38% | +7.72% | +8.72% | 68 |
| KEY Keycorp | 0.14% | 22.65 | -0.31% | -3.82% | -2.03% | +11.92% | 9 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 28 |
| L Loews Corp | 0.13% | 117.90 | +1.96% | +3.01% | +5.34% | +12.08% | 48 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 70.56 | +2.47% | -3.74% | +3.01% | +18.00% | 31 |
| GPN Global Payments Inc | 0.12% | 80.92 | +3.93% | +3.98% | +20.63% | +4.89% | 98 |
| BRO Brown & Brown | 0.12% | 67.66 | +2.92% | -2.44% | +9.48% | -14.66% | 73 |
| EG Everest Re Group | 0.10% | 385.12 | +2.55% | +0.67% | +11.39% | +14.20% | 82 |
| BG Bunge Ltd | 0.09% | 121.53 | -0.63% | +2.00% | +11.51% | +38.04% | 83 |
| AIZ Assurant Inc | 0.09% | 276.94 | +1.15% | +0.04% | +4.97% | +15.45% | 46 |
| GL Globe Life Inc | 0.09% | 173.48 | +1.40% | -6.11% | -1.23% | +24.57% | 13 |
| IVZ Invesco Limited | 0.08% | 29.93 | +0.44% | +1.01% | +15.25% | +15.75% | 95 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 69.96 | +0.32% | +0.43% | +5.94% | +19.21% | 52 |
| ADM Archer Daniels Midland | 0.08% | 85.92 | -0.50% | +0.02% | +14.44% | +51.57% | 92 |
| EQT Eqt Corp | 0.08% | 53.03 | -0.67% | +7.00% | +3.01% | -0.50% | 31 |
| JKHY Jack Henry & Assoc | 0.07% | 150.58 | +1.59% | -0.72% | +17.59% | -16.81% | 97 |
| BEN Franklin Resources | 0.06% | 32.49 | +0.62% | -0.43% | +1.07% | +37.99% | 19 |
| MNG.LSE M&G PLC | 0.06% | 356.00 | +0.65% | +0.59% | +6.21% | +30.25% | 56 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 531.00 | +1.61% | +2.27% | +1.84% | +30.27% | 22 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 916.50 | +1.16% | +1.44% | +10.16% | +29.30% | 76 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 36.84 | -6.64% | -4.09% | -10.89% | +128.82% | 1 |
| FDS Factset Research Systems | 0.06% | 254.36 | +4.26% | -1.45% | +17.51% | -11.46% | 96 |
| TRYG.CO TRYG | 0.05% | 155.40 | +0.32% | +0.00% | +3.39% | -4.18% | 34 |
| EXO.AS EXOR NV | 0.05% | 68.10 | +0.44% | -1.02% | +3.97% | -5.32% | 40 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 537.50 | +1.80% | +2.09% | +0.19% | +31.73% | 17 |
| ERIE Erie Indemnity Company | 0.04% | 223.55 | +4.21% | -1.65% | -2.61% | -21.15% | 6 |
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.