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 +1.00pp sector return − SPY
RS vs Nasdaq-100 21d +0.61pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +1.21% · A/D +54 (+0.41/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 | +1.23% | +0 | -6pp | -0.68pp | In line |
| 1 month | +1.21% | +0.41 | +0pp | +0.12pp | Confirming ↑ |
| 1 quarter | +11.92% | +6.33 | -15pp | -1.65pp | Confirming ↑ |
Over the last 126 sessions: price up +18.49%, breadth up (+8.62/name) · % beating 49→46 · median−ETF -0.24pp→-0.53pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.58% | -0.44% | +0.15pp | 42 / 91 | 71 / 62 | 90 of 133 | ±1.11% |
| 5d | +1.23% | +0.59% | -0.63pp | 82 / 51 | 49 / 84 | 48 of 133 | ±3.05% |
| 21d | +1.21% | +0.70% | -0.51pp | 77 / 56 | 62 / 71 | 29 of 133 | ±6.15% |
| YTD | +12.76% | +10.92% | -1.84pp | 98 / 35 | 60 / 73 | 5 of 133 | ±20.88% |
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)
- HSBA.LSE+1.06%+0.02pp
- WFC+0.87%+0.01pp
- UBSG.SW+0.54%+0.01pp
- INGA.AS+0.80%+0pp
- MS+0.26%+0pp
- JPM-0.94%-0.05pp
- V-0.97%-0.04pp
- MA-1.11%-0.03pp
- BRK-B-0.41%-0.02pp
- PGR-2.20%-0.02pp
This month (21d)
- HOOD+34.62%+0.14pp
- HSBA.LSE+5.11%+0.11pp
- SPGI+9.44%+0.08pp
- COIN+26.98%+0.08pp
- V+1.43%+0.05pp
- BRK-B-3.54%-0.21pp
- BN-8.34%-0.06pp
- AXP-4.80%-0.05pp
- BNP.XETRA-7.21%-0.05pp
- AON-10.44%-0.05pp
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)
- HOOD+34.62%
- IAG+27.76%
- COIN+26.98%
- ADYEN.AS+10.01%
- FDS+9.97%
- GLE-11.93%
- AON-10.44%
- BN-8.34%
- PYPL-8.06%
- AFL-7.46%
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 — 133 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| BRK-B BERKSHIRE HATHAWAY INC CLASS B | 6.04% | 506.03 | -0.41% | +0.20% | -3.54% | +0.67% | 18 |
| JPM JP Morgan Chase & Company | 5.61% | 358.64 | -0.94% | +0.29% | +0.66% | +12.38% | 49 |
| V Visa Inc | 3.82% | 375.07 | -0.97% | -1.71% | +1.43% | +7.17% | 56 |
| MA Mastercard Inc | 2.79% | 579.21 | -1.11% | -2.70% | +0.57% | +1.79% | 47 |
| BAC Bank of America Corp | 2.35% | 62.68 | -0.06% | +1.09% | -0.51% | +14.61% | 38 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1580.20 | +1.06% | +5.07% | +5.11% | +39.06% | 86 |
| GS Goldman Sachs Group | 2.04% | 1038.61 | +0.07% | +0.94% | +0.58% | +18.78% | 48 |
| MS Morgan Stanley | 1.65% | 217.72 | +0.26% | +1.37% | +1.86% | +23.98% | 60 |
| WFC Wells Fargo & Company | 1.61% | 89.97 | +0.87% | +3.78% | +3.31% | -2.99% | 71 |
| C Citigroup Inc | 1.50% | 137.72 | -0.30% | +3.63% | +2.91% | +19.20% | 68 |
| SAN Banco Santander ADR | 1.22% | 76.26 | -0.01% | -1.28% | +2.62% | -2.66% | 65 |
| ALV Allianz SE | 1.17% | 125.20 | +0.12% | +2.56% | +4.58% | +7.86% | 80 |
| AXP American Express Company | 1.14% | 326.16 | -1.11% | -2.11% | -4.80% | -11.36% | 8 |
| BLK Blackrock Inc | 1.05% | 1122.29 | -0.34% | -3.62% | -0.62% | +5.44% | 35 |
| SCHW The Charles Schwab Corp | 1.04% | 109.29 | -0.99% | -0.79% | +1.81% | +9.76% | 59 |
| UBSG.SW UBS GROUP AG | 0.98% | 44.81 | +0.54% | +0.63% | +4.09% | +22.78% | 74 |
| BBVA Banco Bilbao Viscaya Argentaria S.A. ADR | 0.88% | 29.51 | -0.44% | +1.76% | +4.87% | +30.55% | 82 |
| SPGI S&P Global Inc | 0.88% | 443.51 | -1.57% | +0.14% | +9.44% | -14.74% | 95 |
| CB Chubb Ltd | 0.82% | 341.59 | -1.91% | +0.49% | -3.51% | +9.76% | 19 |
| COF Capital One Financial Corp | 0.80% | 219.60 | -0.41% | +1.82% | -0.18% | -8.65% | 41 |
| PGR Progressive Corp | 0.80% | 218.95 | -2.20% | +0.14% | +1.68% | +2.31% | 58 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 601.60 | -0.46% | +1.31% | +2.14% | +5.52% | 62 |
| CME CME Group | 0.72% | 281.29 | -0.27% | -1.58% | +6.42% | +5.47% | 89 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 104.52 | +0.50% | +2.01% | -7.21% | +32.44% | 4 |
| BN Brookfield Corp | 0.69% | 40.31 | -0.27% | -2.47% | -8.34% | -11.87% | 2 |
| BNY Bank of New York Mellon Corp | 0.66% | 164.84 | +0.31% | +1.44% | +3.79% | +43.19% | 71 |
| BX Blackstone Inc | 0.61% | 136.15 | -1.11% | -4.38% | +2.02% | -9.82% | 62 |
| PNC PNC Bank | 0.61% | 245.60 | +0.17% | +1.40% | -2.83% | +19.48% | 23 |
| ICE Intercontinental Exchange | 0.59% | 161.26 | -2.02% | -0.66% | +7.69% | -0.11% | 92 |
| USB U.S. Bancorp | 0.58% | 63.37 | -0.25% | +1.44% | -0.69% | +19.99% | 35 |
| INGA.AS ING GROEP NV | 0.57% | 32.01 | +0.80% | +5.07% | +3.83% | +38.29% | 72 |
| BARC.LSE BARCLAYS PLC | 0.56% | 496.65 | +0.66% | +0.82% | -4.78% | +5.57% | 9 |
| MRSH Marsh & Mclennan Companies | 0.55% | 185.74 | -1.44% | -3.58% | -3.91% | +1.14% | 15 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 112.60 | +0.13% | +3.02% | -2.53% | +17.41% | 24 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 408.05 | -0.67% | -2.19% | -3.69% | +24.83% | 16 |
| AON AON Plc | 0.48% | 323.09 | -1.20% | -9.09% | -10.44% | -8.00% | 1 |
| MCO Moody's Corp | 0.47% | 493.55 | -2.13% | -4.16% | +4.54% | -2.95% | 78 |
| TRV The Travelers Companies | 0.46% | 369.35 | -1.33% | -0.15% | -4.31% | +27.80% | 11 |
| KKR KKR & Company LP | 0.45% | 107.73 | -1.85% | -0.87% | +4.44% | -15.17% | 77 |
| NWG Natwest Group Plc ADR | 0.43% | 699.80 | +0.34% | +3.15% | -0.29% | +11.80% | 40 |
| APO Apollo Asset Management | 0.42% | 133.67 | -0.61% | -1.01% | +4.44% | -6.89% | 77 |
| TFC Truist Financial Corp | 0.41% | 51.65 | +0.08% | +2.42% | -0.81% | +7.14% | 33 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 122.11 | -2.09% | +17.12% | +34.62% | +7.97% | 99 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 8830.00 | -0.76% | -1.67% | +2.99% | -0.25% | 68 |
| ALL Allstate Corp | 0.38% | 259.57 | -1.35% | +0.03% | -5.65% | +25.99% | 7 |
| AFL Aflac Inc | 0.38% | 117.21 | -0.97% | +0.59% | -7.46% | +7.41% | 3 |
| GLE Global Engine Group Holding Limited | 0.37% | 74.18 | -0.27% | +2.53% | -11.93% | +9.47% | 0 |
| AJG Arthur J. Gallagher & Company | 0.37% | 262.69 | -1.49% | -1.82% | +4.35% | +2.16% | 76 |
| NU Nu Holdings Ltd Cl A | 0.34% | 15.37 | -1.98% | +7.48% | +8.85% | -8.18% | 93 |
| CABK.MC CAIXABANK SA | 0.34% | 13.52 | -0.07% | +2.78% | +4.93% | +32.93% | 83 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2244.00 | +0.63% | +4.52% | +2.14% | +26.00% | 63 |
| G Genpact Ltd | 0.32% | 37.32 | -2.00% | -1.84% | +3.21% | -19.83% | 70 |
| MET Metlife Inc | 0.32% | 97.62 | -1.62% | +1.15% | -2.33% | +25.50% | 25 |
| SREN.SW SWISS RE AG | 0.32% | 142.85 | -0.52% | +1.20% | +4.16% | +12.81% | 74 |
| FITB Fifth Third Bancorp | 0.30% | 54.87 | -0.18% | +0.61% | -3.67% | +18.28% | 17 |
| ITUB Itau Unibanco Banco Holding S.A. ADR | 0.30% | 8.15 | -0.85% | +8.71% | -0.33% | +16.29% | 39 |
| STT State Street Corp | 0.29% | 194.26 | +0.16% | +0.48% | +5.05% | +52.58% | 84 |
| COIN Coinbase Global Cl A | 0.29% | 184.64 | -4.18% | +3.36% | +26.98% | -18.35% | 98 |
| MSCI MSCI Inc | 0.29% | 573.01 | -0.29% | +0.39% | +1.38% | +0.63% | 55 |
| AIG American International Group | 0.29% | 76.21 | -0.85% | -0.94% | -4.70% | -10.39% | 10 |
| AMP Ameriprise Financial Services | 0.29% | 560.56 | -0.80% | +0.22% | +0.13% | +15.08% | 42 |
| PYPL Paypal Holdings | 0.28% | 54.96 | -3.03% | +2.68% | -8.06% | -5.57% | 2 |
| NDAQ Nasdaq Inc | 0.28% | 96.88 | -1.85% | -2.45% | +2.30% | +0.06% | 65 |
| PRU Prudential Financial Inc | 0.27% | 122.02 | -0.96% | +1.86% | +0.43% | +11.08% | 44 |
| HIG The Hartford Insurance Group | 0.26% | 138.37 | -1.16% | +0.31% | -4.25% | +1.32% | 12 |
| XYZ Block Inc | 0.26% | 82.76 | -0.73% | -0.97% | +4.73% | +27.15% | 81 |
| IBKR Interactive Brokers | 0.25% | 92.62 | -0.36% | -3.27% | +7.67% | +44.32% | 91 |
| PRU Prudential Financial Inc | 0.25% | 122.02 | -0.96% | +1.86% | +0.43% | +11.08% | 44 |
| CBOE CBOE Global Markets | 0.25% | 298.38 | -0.04% | -3.62% | +3.18% | +19.42% | 69 |
| ADYEN.AS ADYEN NV | 0.24% | 1026.60 | -1.57% | -5.85% | +10.01% | -25.34% | 97 |
| ACGL Arch Capital Grp Ltd | 0.24% | 98.10 | -1.73% | -0.75% | -1.20% | +2.27% | 32 |
| DANSKE.CO DANSKE BANK | 0.23% | 374.40 | +0.27% | +0.67% | -0.77% | +28.97% | 34 |
| SWED-A.ST SWEDBANK | 0.23% | 385.90 | +0.92% | +2.61% | -0.62% | +32.20% | 36 |
| MTB M&T Bank Corp | 0.22% | 239.84 | -0.09% | +1.73% | -4.12% | +20.71% | 14 |
| HBAN Huntington Bancshares | 0.22% | 17.03 | -0.18% | +0.65% | -1.90% | -0.85% | 29 |
| KBC.BR KBC GROEP | 0.22% | 133.20 | -0.30% | +0.60% | +4.72% | +24.30% | 80 |
| NTRS Northern Trust Corp | 0.21% | 186.63 | +0.03% | +0.39% | +1.35% | +38.04% | 54 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 938.40 | +0.69% | +1.85% | -1.70% | +6.79% | 31 |
| III Information Svcs Group | 0.21% | 2771.00 | -1.95% | -2.22% | -5.17% | -15.08% | 8 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 226.50 | +0.18% | +1.30% | +0.44% | +21.90% | 46 |
| FISV Fiserv Inc | 0.20% | 53.00 | +0.51% | -0.34% | -2.05% | -21.10% | 28 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 9.68 | -0.68% | -1.71% | +1.09% | -2.53% | 51 |
| CFG Citizens Financial Group | 0.18% | 70.78 | -0.07% | +1.53% | -2.28% | +22.91% | 26 |
| RJF Raymond James Financial | 0.18% | 178.29 | -1.55% | -0.60% | -0.58% | +11.81% | 37 |
| CINF Cincinnati Financial | 0.18% | 171.10 | -2.07% | -0.51% | -4.43% | +5.38% | 11 |
| ARES Ares Management LP | 0.18% | 140.15 | -0.97% | -1.67% | +1.43% | -12.11% | 56 |
| AV.LSE AVIVA PLC | 0.17% | 729.80 | +0.72% | +3.05% | +4.08% | +11.30% | 73 |
| A5G.IR AIB GROUP PLC | 0.17% | 11.47 | +0.92% | +5.91% | +6.38% | +31.16% | 89 |
| SYF Synchrony Financial | 0.17% | 79.92 | +0.09% | +2.40% | +1.59% | -3.43% | 57 |
| WTW Willis Towers Watson Public | 0.17% | 334.74 | -2.14% | -2.62% | -1.55% | +2.21% | 32 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 679.00 | -0.93% | -9.39% | -6.01% | -27.16% | 5 |
| CPAY Corpay Inc | 0.17% | 416.37 | -0.79% | +2.08% | +4.54% | +38.36% | 79 |
| RF Regions Financial Corp | 0.16% | 30.42 | -0.07% | +1.31% | -3.09% | +14.41% | 22 |
| NN Nextnav Inc | 0.16% | 15.18 | -3.44% | -1.17% | +1.20% | -8.77% | 53 |
| BAP Credicorp Ltd | 0.16% | 382.53 | -0.43% | +3.84% | -2.56% | +39.72% | 23 |
| TROW T Rowe Price Group | 0.16% | 109.78 | -0.99% | -1.31% | -3.38% | +8.82% | 20 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 150.80 | +0.90% | +1.75% | +1.28% | +28.54% | 53 |
| FIS Fidelity National Information Services | 0.15% | 41.89 | -0.92% | +1.09% | -2.15% | -36.43% | 26 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 43.13 | +0.61% | +3.48% | +8.42% | +49.87% | 92 |
| ACA Arcosa Inc | 0.15% | 145.45 | -0.02% | +0.12% | +0.39% | +36.97% | 44 |
| PFG Principal Financial Group | 0.14% | 116.68 | -1.54% | +5.53% | +1.10% | +34.53% | 52 |
| HBAN Huntington Bancshares | 0.14% | 17.03 | -0.18% | +0.65% | -1.90% | -0.85% | 29 |
| WRB W.R. Berkley Corp | 0.14% | 69.14 | -0.52% | +1.02% | -4.15% | -0.38% | 13 |
| KEY Keycorp | 0.14% | 22.18 | +0.27% | +2.20% | -2.12% | +9.60% | 27 |
| BBD Banco Bradesco S.A. ADR | 0.13% | 3.47 | +0.29% | +6.89% | +1.87% | +8.94% | 61 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 66 |
| BAM Brookfield Asset Management Ltd | 0.13% | 50.60 | +0.62% | -1.97% | -3.91% | -0.44% | 14 |
| L Loews Corp | 0.13% | 109.30 | -0.67% | -0.38% | -5.76% | +3.91% | 6 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 74.84 | -0.32% | -1.60% | +0.92% | +25.16% | 50 |
| GPN Global Payments Inc | 0.12% | 92.54 | +0.84% | +0.78% | +5.53% | +19.95% | 87 |
| BRO Brown & Brown | 0.12% | 71.42 | -1.57% | -2.58% | +0.57% | -9.92% | 47 |
| EG Everest Re Group | 0.10% | 380.87 | -1.39% | +0.86% | +2.84% | +12.94% | 67 |
| IAG Iamgold Corp | 0.09% | 20.48 | -2.20% | -0.53% | +27.76% | +24.20% | 98 |
| SUN Sunoco LP | 0.09% | 75.60 | +2.18% | +1.27% | +4.16% | +50.81% | 75 |
| BG Bunge Ltd | 0.09% | 118.71 | -1.17% | +2.80% | +8.91% | +34.83% | 94 |
| AIZ Assurant Inc | 0.09% | 285.74 | -0.68% | +0.34% | -3.60% | +19.12% | 17 |
| GL Globe Life Inc | 0.09% | 174.27 | -1.27% | -0.86% | -6.32% | +25.14% | 5 |
| IVZ Invesco Limited | 0.08% | 33.07 | +1.10% | +0.64% | +5.05% | +27.89% | 85 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 74.42 | +0.27% | +2.79% | +5.05% | +26.81% | 86 |
| ADM Archer Daniels Midland | 0.08% | 84.61 | +0.27% | +3.77% | +9.16% | +49.26% | 95 |
| EQT Eqt Corp | 0.08% | 55.17 | -0.79% | +1.10% | +6.92% | +3.51% | 90 |
| JKHY Jack Henry & Assoc | 0.07% | 165.64 | -1.26% | -2.05% | +5.54% | -8.49% | 88 |
| BEN Franklin Resources | 0.06% | 34.73 | +3.52% | +0.23% | +2.15% | +47.50% | 64 |
| MNG.LSE M&G PLC | 0.06% | 357.40 | +1.77% | +2.49% | -1.92% | +30.76% | 29 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 535.80 | +0.11% | -1.29% | -3.46% | +31.45% | 20 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 932.50 | +0.81% | +0.32% | +0.38% | +31.56% | 43 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 37.51 | +0.21% | -0.71% | +0.70% | +132.98% | 50 |
| FDS Factset Research Systems | 0.06% | 301.96 | -3.51% | -1.90% | +9.97% | +5.10% | 96 |
| TRYG.CO TRYG | 0.05% | 156.20 | -0.89% | -0.06% | +1.83% | -3.68% | 59 |
| EXO.AS EXOR NV | 0.05% | 73.85 | +0.48% | +1.30% | +4.98% | +2.68% | 83 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 541.00 | +0.19% | -1.28% | -3.22% | +32.59% | 21 |
| ERIE Erie Indemnity Company | 0.04% | 252.80 | -2.16% | -2.92% | -0.50% | -10.84% | 38 |
| BSAC Banco Santander Chile ADR | 0.03% | 35.67 | -0.53% | +1.51% | -0.08% | +20.36% | 41 |
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
IXG dispersion — data Q&A
Is IXG's move broad or carried by a few names (21 sessions)?
As of 2026-09-04: over 21 sessions the fund returned +1.21% while its median constituent returned +0.70% — a dispersion of 6.15 pp; 47% of 133 members beat the fund. Broad advance - breadth is rising with price.
How did IXG's members trade in the last session?
As of 2026-09-04: fund -0.58%, median member -0.44%, 42 advancers vs 91 decliners.
What does the dispersion page for IXG 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. 133 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.