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 +7.69pp sector return − SPY
RS vs Nasdaq-100 21d +14.94pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +2.7% · A/D +339 (+2.51/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 | +0.67% | +0.26 | +0pp | +0.11pp | Improving |
| 1 month | +2.70% | +2.51 | +9pp | +1.58pp | Confirming ↑ |
| 1 quarter | -3.01% | -0.56 | +14pp | +1.90pp | Confirming ↓ |
Over the last 126 sessions: price up +7.79%, breadth up (+5.93/name) · % beating 47→58 · median−ETF -0.51pp→+1.49pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.98% | -0.90% | +0.09pp | 33 / 100 | 78 / 57 | 76 of 135 | ±1.94% |
| 5d | +0.67% | +1.46% | +0.79pp | 91 / 42 | 81 / 54 | 32 of 135 | ±5.95% |
| 21d | +2.70% | +4.10% | +1.40pp | 99 / 36 | 77 / 58 | 16 of 135 | ±10.99% |
| YTD | +7.67% | +9.51% | +1.85pp | 95 / 40 | 73 / 62 | 8 of 135 | ±19.97% |
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)
- HOOD+3.21%+0.01pp
- NN+7.22%+0.01pp
- IBKR+4.25%+0.01pp
- G+2.85%+0.01pp
- NU+2.47%+0.01pp
- JPM-0.84%-0.05pp
- PGR-2.32%-0.02pp
- BBVA-1.96%-0.02pp
- ALL-4.47%-0.02pp
- ZURN.SW-2.11%-0.02pp
This month (21d)
- BRK-B+11.71%+0.71pp
- V+12.68%+0.48pp
- MA+13.73%+0.38pp
- SAN+18.06%+0.22pp
- SPGI+16.16%+0.14pp
- BAC-7.82%-0.18pp
- HSBA.LSE-5.50%-0.12pp
- C-7.05%-0.11pp
- HOOD-24.39%-0.1pp
- ITUB-24.82%-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)
- FISV+36.87%
- G+21.92%
- AON+20.82%
- ERIE+20.54%
- AJG+20.32%
- BBD-39.02%
- ASX-30.11%
- NN-25.78%
- ITUB-24.82%
- HOOD-24.39%
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 — 135 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| BRK-B BERKSHIRE HATHAWAY INC CLASS B | 6.04% | 570.89 | -0.25% | +5.24% | +11.71% | +13.58% | 79 |
| JPM JP Morgan Chase & Company | 5.61% | 334.49 | -0.84% | -0.76% | +0.93% | +4.81% | 32 |
| V Visa Inc | 3.82% | 422.65 | +0.01% | +2.19% | +12.68% | +20.76% | 83 |
| MA Mastercard Inc | 2.79% | 652.70 | -0.49% | +2.30% | +13.73% | +14.70% | 86 |
| BAC Bank of America Corp | 2.35% | 49.42 | -0.68% | -1.18% | -7.82% | -9.64% | 11 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1304.60 | -0.21% | +2.75% | -5.50% | +14.80% | 15 |
| GS Goldman Sachs Group | 2.04% | 865.82 | -0.36% | -3.21% | -1.90% | -0.98% | 22 |
| MS Morgan Stanley | 1.65% | 181.44 | -0.55% | -1.55% | -3.20% | +3.32% | 19 |
| WFC Wells Fargo & Company | 1.61% | 83.94 | -0.43% | +1.24% | +2.33% | -9.49% | 39 |
| C Citigroup Inc | 1.50% | 119.05 | +0.51% | -2.39% | -7.05% | +3.04% | 12 |
| SAN Banco Santander ADR | 1.22% | 83.74 | -0.93% | +5.02% | +18.06% | +6.89% | 95 |
| ALV Allianz SE | 1.17% | 123.47 | -0.45% | +5.05% | +11.20% | +6.37% | 77 |
| AXP American Express Company | 1.14% | 320.99 | -1.22% | +0.59% | +4.51% | -12.77% | 53 |
| BLK Blackrock Inc | 1.05% | 1178.87 | +0.70% | +2.73% | +10.66% | +10.75% | 75 |
| SCHW The Charles Schwab Corp | 1.04% | 91.49 | -1.18% | +3.91% | -5.55% | -8.12% | 14 |
| UBSG.SW UBS GROUP AG | 0.98% | 39.54 | -0.88% | +0.76% | +1.83% | +8.34% | 37 |
| BBVA Banco Bilbao Viscaya Argentaria S.A. ADR | 0.88% | 25.05 | -1.96% | +6.87% | -2.75% | +10.82% | 21 |
| SPGI S&P Global Inc | 0.88% | 467.80 | -0.98% | +0.27% | +16.16% | -10.07% | 92 |
| CB Chubb Ltd | 0.82% | 365.02 | -1.78% | +0.25% | +6.18% | +17.29% | 59 |
| COF Capital One Financial Corp | 0.80% | 201.87 | -0.97% | -1.45% | +1.24% | -16.03% | 34 |
| PGR Progressive Corp | 0.80% | 227.77 | -2.32% | -1.52% | +4.13% | +6.43% | 50 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 630.20 | -2.11% | +0.74% | +10.02% | +10.53% | 70 |
| CME CME Group | 0.72% | 305.89 | -0.44% | +0.91% | +10.65% | +14.69% | 74 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 91.97 | -0.07% | +7.39% | +2.77% | +16.53% | 44 |
| BN Brookfield Corp | 0.69% | 41.38 | -0.91% | +5.35% | +12.54% | -9.53% | 82 |
| BNY Bank of New York Mellon Corp | 0.66% | 147.72 | +0.16% | +0.41% | +2.86% | +28.32% | 44 |
| BX Blackstone Inc | 0.61% | 119.50 | -0.27% | +1.80% | +6.05% | -20.85% | 59 |
| PNC PNC Bank | 0.61% | 225.38 | -0.60% | -1.09% | +3.54% | +9.64% | 47 |
| ICE Intercontinental Exchange | 0.59% | 172.27 | -0.99% | +2.03% | +10.89% | +6.71% | 76 |
| USB U.S. Bancorp | 0.58% | 59.45 | -0.50% | +0.00% | +4.24% | +12.56% | 51 |
| INGA.AS ING GROEP NV | 0.57% | 28.72 | -1.73% | +1.65% | -2.40% | +24.09% | 21 |
| BARC.LSE BARCLAYS PLC | 0.56% | 420.25 | -0.88% | +1.25% | -1.38% | -10.67% | 23 |
| MRSH Marsh & Mclennan Companies | 0.55% | 204.82 | -2.20% | +2.09% | +15.93% | +11.53% | 90 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 95.88 | -1.09% | +2.55% | -4.69% | -0.02% | 17 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 428.15 | -0.96% | +0.62% | +5.31% | +30.98% | 58 |
| AON AON Plc | 0.48% | 334.81 | -2.78% | +4.35% | +20.82% | -4.67% | 98 |
| MCO Moody's Corp | 0.47% | 505.67 | -1.88% | +2.38% | +10.24% | -0.56% | 72 |
| TRV The Travelers Companies | 0.46% | 395.20 | -1.91% | -0.26% | +6.73% | +36.74% | 62 |
| KKR KKR & Company LP | 0.45% | 96.48 | -1.85% | +2.21% | +7.73% | -24.03% | 67 |
| NWG Natwest Group Plc ADR | 0.43% | 15.60 | -2.26% | +0.84% | -9.04% | -5.45% | 9 |
| APO Apollo Asset Management | 0.42% | 116.75 | -0.44% | +0.79% | +1.26% | -18.68% | 35 |
| TFC Truist Financial Corp | 0.41% | 49.38 | -0.92% | +1.21% | +6.93% | +2.43% | 64 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 80.91 | +3.21% | -4.80% | -24.39% | -28.46% | 3 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 9462.00 | -2.85% | -0.38% | +11.71% | +6.89% | 79 |
| ALL Allstate Corp | 0.38% | 254.81 | -4.47% | -1.95% | +10.48% | +23.68% | 73 |
| AFL Aflac Inc | 0.38% | 124.06 | -1.73% | +0.14% | +7.93% | +13.69% | 67 |
| GLE Global Engine Group Holding Limited | 0.37% | 64.41 | -0.17% | +5.61% | +3.06% | -4.94% | 46 |
| AJG Arthur J. Gallagher & Company | 0.37% | 281.61 | -2.26% | +2.01% | +20.32% | +9.51% | 96 |
| NU Nu Holdings Ltd Cl A | 0.34% | 12.03 | +2.47% | +3.62% | -21.78% | -28.14% | 4 |
| CABK.MC CAIXABANK SA | 0.34% | 11.76 | -1.05% | +6.69% | -1.09% | +15.62% | 24 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2093.00 | +0.10% | +1.85% | -0.71% | +17.52% | 25 |
| G Genpact Ltd | 0.32% | 42.27 | +2.85% | +6.69% | +21.92% | -9.20% | 99 |
| MET Metlife Inc | 0.32% | 98.27 | -1.48% | -1.17% | -0.20% | +26.34% | 26 |
| SREN.SW SWISS RE AG | 0.32% | 151.95 | -4.55% | -0.91% | +6.78% | +20.00% | 63 |
| FITB Fifth Third Bancorp | 0.30% | 53.04 | -0.77% | -1.54% | +4.62% | +14.33% | 55 |
| ITUB Itau Unibanco Banco Holding S.A. ADR | 0.30% | 7.39 | +1.37% | +3.69% | -24.82% | +5.45% | 2 |
| STT State Street Corp | 0.29% | 165.56 | +0.20% | -2.48% | -5.44% | +30.04% | 16 |
| COIN Coinbase Global Cl A | 0.29% | 134.76 | -1.51% | -6.12% | -21.65% | -40.41% | 4 |
| MSCI MSCI Inc | 0.29% | 641.01 | -2.27% | +2.83% | +14.13% | +12.57% | 87 |
| AIG American International Group | 0.29% | 77.75 | -3.93% | -5.07% | +0.91% | -8.58% | 31 |
| AMP Ameriprise Financial Services | 0.29% | 501.49 | -1.54% | +2.17% | +0.48% | +2.95% | 28 |
| PYPL Paypal Holdings | 0.28% | 59.24 | +0.47% | +3.91% | +7.67% | +1.78% | 66 |
| NDAQ Nasdaq Inc | 0.28% | 107.12 | +0.27% | +0.84% | +15.97% | +10.63% | 91 |
| SLF Sun Life Financial Inc | 0.28% | 71.53 | -2.65% | -11.59% | -6.68% | +17.97% | 13 |
| PRU Prudential Financial Inc | 0.27% | 119.24 | -2.63% | +2.40% | +5.03% | +8.55% | 56 |
| HIG The Hartford Insurance Group | 0.26% | 133.99 | -2.26% | +1.06% | +3.48% | -1.89% | 47 |
| XYZ Block Inc | 0.26% | 85.48 | +1.71% | +12.15% | +13.62% | +31.33% | 85 |
| IBKR Interactive Brokers | 0.25% | 75.82 | +4.25% | -1.40% | -12.32% | +18.14% | 7 |
| PRU Prudential Financial Inc | 0.25% | 119.24 | -2.63% | +2.40% | +5.03% | +8.55% | 56 |
| CBOE CBOE Global Markets | 0.25% | 353.27 | +0.06% | +5.29% | +20.13% | +41.39% | 96 |
| ADYEN.AS ADYEN NV | 0.24% | 901.20 | +0.97% | +8.99% | +4.60% | -34.46% | 54 |
| ACGL Arch Capital Grp Ltd | 0.24% | 107.28 | -2.98% | +0.86% | +11.66% | +11.84% | 78 |
| DANSKE.CO DANSKE BANK | 0.23% | 357.20 | +0.34% | +3.48% | +0.65% | +23.05% | 29 |
| SWED-A.ST SWEDBANK | 0.23% | 401.80 | -1.08% | +3.42% | +1.29% | +37.65% | 36 |
| MTB M&T Bank Corp | 0.22% | 217.75 | -0.92% | -1.35% | +0.09% | +9.59% | 27 |
| HBAN Huntington Bancshares | 0.22% | 15.47 | -0.90% | -1.96% | +0.65% | -9.93% | 30 |
| KBC.BR KBC GROEP | 0.22% | 117.40 | +0.30% | +3.81% | -2.94% | +9.55% | 20 |
| NTRS Northern Trust Corp | 0.21% | 172.76 | +0.80% | +2.13% | +2.53% | +27.78% | 41 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 971.20 | -1.72% | +1.51% | +10.19% | +10.52% | 71 |
| III Information Svcs Group | 0.21% | 2525.00 | -1.87% | +3.15% | +7.36% | -22.62% | 65 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 214.80 | -0.65% | +3.37% | -3.94% | +15.61% | 18 |
| FISV Fiserv Inc | 0.20% | 62.88 | +0.22% | +25.71% | +36.87% | -6.39% | 99 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 9.78 | -1.73% | +2.86% | +12.21% | -1.52% | 80 |
| CFG Citizens Financial Group | 0.18% | 63.24 | -0.92% | -0.89% | -1.33% | +9.81% | 24 |
| RJF Raymond James Financial | 0.18% | 162.81 | -1.22% | +3.56% | +2.65% | +2.11% | 41 |
| CINF Cincinnati Financial | 0.18% | 185.48 | -1.50% | +2.37% | +12.24% | +14.24% | 81 |
| ARES Ares Management LP | 0.18% | 133.98 | +0.19% | +4.55% | +15.24% | -15.98% | 89 |
| AV.LSE AVIVA PLC | 0.17% | 733.80 | -2.50% | +0.00% | +9.10% | +11.91% | 69 |
| A5G.IR AIB GROUP PLC | 0.17% | 11.20 | -2.86% | +2.71% | +2.71% | +28.08% | 43 |
| SYF Synchrony Financial | 0.17% | 73.74 | -0.45% | -1.69% | +0.03% | -10.89% | 27 |
| WTW Willis Towers Watson Public | 0.17% | 328.86 | -2.27% | +1.37% | +10.41% | +0.41% | 73 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 670.80 | -0.68% | +4.75% | +13.81% | -28.04% | 87 |
| CPAY Corpay Inc | 0.17% | 455.16 | +1.83% | +13.52% | +13.20% | +51.25% | 84 |
| RF Regions Financial Corp | 0.16% | 28.31 | -0.35% | -0.91% | +4.58% | +6.48% | 53 |
| NN Nextnav Inc | 0.16% | 8.61 | +7.22% | -25.26% | -25.78% | -48.26% | 1 |
| BAP Credicorp Ltd | 0.16% | 347.93 | -0.02% | -0.30% | -8.53% | +27.08% | 10 |
| TROW T Rowe Price Group | 0.16% | 108.41 | -0.28% | +4.34% | +4.01% | +7.47% | 49 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 159.80 | -0.87% | +2.67% | +6.39% | +36.21% | 61 |
| FIS Fidelity National Information Services | 0.15% | 28.73 | -2.25% | -25.47% | -16.34% | -56.40% | 5 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 41.00 | -0.94% | +3.48% | +2.89% | +42.47% | 45 |
| ACA Arcosa Inc | 0.15% | 149.15 | +0.08% | +1.46% | +1.81% | +40.46% | 36 |
| PFG Principal Financial Group | 0.14% | 110.91 | -1.69% | -0.64% | +1.04% | +27.88% | 33 |
| HBAN Huntington Bancshares | 0.14% | 15.47 | -0.90% | -1.96% | +0.65% | -9.93% | 30 |
| WRB W.R. Berkley Corp | 0.14% | 75.23 | -2.27% | +1.85% | +4.41% | +8.39% | 52 |
| KEY Keycorp | 0.14% | 20.85 | -0.52% | -1.28% | +3.73% | +3.03% | 48 |
| BBD Banco Bradesco S.A. ADR | 0.13% | 2.54 | +1.20% | -0.24% | -39.02% | -20.26% | 0 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 42 |
| BAM Brookfield Asset Management Ltd | 0.13% | 52.95 | +0.93% | +9.72% | +17.22% | +4.18% | 93 |
| L Loews Corp | 0.13% | 109.71 | -1.28% | -1.45% | +1.96% | +4.30% | 39 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 67.90 | -0.50% | -1.59% | -3.50% | +13.55% | 19 |
| GPN Global Payments Inc | 0.12% | 97.40 | +2.55% | +0.58% | +17.68% | +26.25% | 94 |
| BRO Brown & Brown | 0.12% | 72.12 | -3.04% | +3.65% | +13.13% | -9.04% | 84 |
| EG Everest Re Group | 0.10% | 411.11 | -1.60% | +0.03% | +10.19% | +21.90% | 70 |
| FBK Fb Financial Corp | 0.10% | 54.17 | -0.18% | +1.12% | +2.38% | -1.86% | 40 |
| IAG Iamgold Corp | 0.09% | 18.76 | +7.20% | +21.42% | +1.96% | +13.77% | 38 |
| SUN Sunoco LP | 0.09% | 60.71 | -4.56% | -12.94% | -15.68% | +21.10% | 6 |
| BG Bunge Ltd | 0.09% | 99.10 | +0.57% | +2.55% | -8.09% | +12.56% | 10 |
| AIZ Assurant Inc | 0.09% | 307.00 | +0.04% | +4.85% | +12.51% | +27.98% | 81 |
| GL Globe Life Inc | 0.09% | 157.18 | -1.28% | -1.19% | -5.36% | +12.87% | 16 |
| IVZ Invesco Limited | 0.08% | 27.08 | +0.00% | -2.45% | -10.00% | +4.73% | 8 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 77.26 | -1.40% | +2.14% | +8.33% | +31.65% | 68 |
| ADM Archer Daniels Midland | 0.08% | 69.97 | -0.71% | -9.02% | -15.14% | +23.43% | 7 |
| EQT Eqt Corp | 0.08% | 49.40 | -2.41% | -10.52% | -6.69% | -7.32% | 13 |
| JKHY Jack Henry & Assoc | 0.07% | 173.23 | -3.90% | +7.37% | +16.22% | -4.30% | 93 |
| BEN Franklin Resources | 0.06% | 33.73 | +4.72% | +6.61% | +4.10% | +43.25% | 50 |
| MNG.LSE M&G PLC | 0.06% | 320.10 | -1.45% | +0.19% | +5.16% | +17.12% | 57 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 527.60 | -0.86% | +1.62% | +6.50% | +29.44% | 61 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 928.00 | -1.75% | +0.27% | +10.67% | +30.93% | 76 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 31.63 | +6.43% | -19.92% | -30.11% | +96.46% | 1 |
| FDS Factset Research Systems | 0.06% | 327.89 | -3.69% | -0.51% | +14.44% | +14.13% | 88 |
| TRYG.CO TRYG | 0.05% | 163.70 | -1.33% | +2.63% | +15.43% | +0.94% | 90 |
| EXO.AS EXOR NV | 0.05% | 73.35 | +0.20% | +3.02% | +6.92% | +1.98% | 64 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 531.00 | -0.75% | +1.72% | +6.37% | +30.13% | 60 |
| ERIE Erie Indemnity Company | 0.04% | 273.07 | -4.40% | +4.47% | +20.54% | -3.69% | 97 |
| BSAC Banco Santander Chile ADR | 0.03% | 32.33 | +0.00% | +5.90% | +1.22% | +9.09% | 33 |
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 2026-11-06: over 21 sessions the fund returned +2.70% while its median constituent returned +4.10% — a dispersion of 10.99 pp; 57% of 135 members beat the fund. Broad advance - breadth is rising with price.
How did IXG's members trade in the last session?
As of 2026-11-06: fund -0.98%, median member -0.90%, 33 advancers vs 100 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. 135 constituents covered, re-baked nightly from the Closelooknet lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.