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 -4.12pp sector return − SPY
RS vs Nasdaq-100 21d -8.09pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -3.43% · A/D -347 (-2.61/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 | -0.94% | -0.6 | -3pp | -0.92pp | Weakening |
| 1 month | -3.43% | -2.61 | -12pp | -1.70pp | Confirming ↓ |
| 1 quarter | +5.03% | +2.08 | -29pp | -4.50pp | Confirming ↑ |
Over the last 126 sessions: price up +18.34%, breadth up (+7.46/name) · % beating 57→36 · median−ETF +0.98pp→-2.47pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.02% | +0.78% | -0.23pp | 98 / 34 | 55 / 78 | 87 of 133 | ±1.22% |
| 5d | -0.94% | -1.18% | -0.24pp | 41 / 91 | 62 / 71 | 46 of 133 | ±2.59% |
| 21d | -3.43% | -5.81% | -2.38pp | 29 / 104 | 50 / 83 | 12 of 133 | ±6.46% |
| YTD | +7.80% | +4.97% | -2.83pp | 81 / 52 | 59 / 74 | 6 of 133 | ±24.6% |
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+1.33%+0.07pp
- ALV+3.16%+0.04pp
- UBSG.SW+3.50%+0.03pp
- BAC+1.20%+0.03pp
- GS+1.32%+0.03pp
- CME-1.65%-0.01pp
- ICE-1.67%-0.01pp
- CBOE-3.57%-0.01pp
- V-0.16%-0.01pp
- COIN-2.06%-0.01pp
This month (21d)
- HOOD+10.01%+0.04pp
- INGA.AS+5.54%+0.03pp
- SWED-A.ST+10.05%+0.02pp
- COIN+7.33%+0.02pp
- ITUB+6.61%+0.02pp
- JPM-3.77%-0.21pp
- BAC-8.42%-0.2pp
- GS-9.65%-0.2pp
- V-4.30%-0.16pp
- MA-5.15%-0.14pp
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)
- ASX+18.92%
- SWED-A.ST+10.05%
- HOOD+10.01%
- A5G.IR+8.43%
- COIN+7.33%
- AON-21.47%
- PGHN.SW-20.06%
- ADYEN.AS-18.91%
- BX-17.30%
- CBOE-17.12%
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% | 505.48 | +0.06% | -0.84% | +0.11% | +0.56% | 78 |
| JPM JP Morgan Chase & Company | 5.61% | 343.06 | +1.33% | -1.89% | -3.77% | +7.49% | 60 |
| V Visa Inc | 3.82% | 367.38 | -0.16% | -0.25% | -4.30% | +4.97% | 59 |
| MA Mastercard Inc | 2.79% | 567.65 | +0.28% | +0.43% | -5.15% | -0.25% | 56 |
| BAC Bank of America Corp | 2.35% | 56.70 | +1.20% | -1.78% | -8.42% | +3.67% | 25 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1512.20 | +0.83% | -0.03% | -0.66% | +33.07% | 75 |
| GS Goldman Sachs Group | 2.04% | 935.45 | +1.32% | -0.70% | -9.65% | +6.98% | 18 |
| MS Morgan Stanley | 1.65% | 196.31 | -0.01% | -3.10% | -8.30% | +11.79% | 26 |
| WFC Wells Fargo & Company | 1.61% | 82.97 | +0.96% | -3.66% | -2.65% | -10.54% | 65 |
| C Citigroup Inc | 1.50% | 134.28 | +1.65% | +1.90% | +0.54% | +16.22% | 81 |
| SAN Banco Santander ADR | 1.22% | 71.79 | -0.43% | -3.05% | -7.10% | -8.36% | 38 |
| ALV Allianz SE | 1.17% | 117.52 | +3.16% | +0.46% | -4.19% | +1.25% | 59 |
| AXP American Express Company | 1.14% | 308.89 | +1.06% | -0.86% | -8.11% | -16.05% | 28 |
| BLK Blackrock Inc | 1.05% | 1086.31 | +1.20% | +1.55% | -7.41% | +2.06% | 35 |
| SCHW The Charles Schwab Corp | 1.04% | 99.03 | -0.46% | -5.91% | -9.47% | -0.55% | 20 |
| UBSG.SW UBS GROUP AG | 0.98% | 40.80 | +3.50% | -1.81% | -6.85% | +11.79% | 41 |
| BBVA Banco Bilbao Viscaya Argentaria S.A. ADR | 0.88% | 28.87 | +1.40% | +1.80% | -0.55% | +27.72% | 76 |
| SPGI S&P Global Inc | 0.88% | 403.30 | +0.01% | -0.50% | -7.60% | -22.47% | 35 |
| CB Chubb Ltd | 0.82% | 333.37 | -0.44% | -2.13% | -3.03% | +7.12% | 63 |
| COF Capital One Financial Corp | 0.80% | 200.20 | +1.83% | -1.10% | -7.83% | -16.72% | 32 |
| PGR Progressive Corp | 0.80% | 205.50 | +1.65% | -3.74% | -7.64% | -3.98% | 34 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 581.20 | +0.35% | -2.58% | -1.62% | +1.94% | 71 |
| CME CME Group | 0.72% | 264.48 | -1.65% | -4.18% | -5.87% | -0.83% | 49 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 99.29 | +2.54% | +1.86% | -1.34% | +25.81% | 72 |
| BN Brookfield Corp | 0.69% | 36.87 | +0.66% | -1.71% | -11.52% | -19.39% | 11 |
| BNY Bank of New York Mellon Corp | 0.66% | 150.15 | -0.03% | -2.37% | -7.93% | +30.43% | 30 |
| BX Blackstone Inc | 0.61% | 118.42 | +1.03% | -5.23% | -17.30% | -21.56% | 2 |
| PNC PNC Bank | 0.61% | 225.64 | +1.03% | -3.23% | -7.78% | +9.77% | 33 |
| ICE Intercontinental Exchange | 0.59% | 154.31 | -1.67% | -0.75% | -4.70% | -4.42% | 57 |
| USB U.S. Bancorp | 0.58% | 59.33 | +1.59% | -1.22% | -5.53% | +12.34% | 54 |
| INGA.AS ING GROEP NV | 0.57% | 31.80 | +0.89% | +0.25% | +5.54% | +37.38% | 92 |
| BARC.LSE BARCLAYS PLC | 0.56% | 463.90 | +1.60% | +0.37% | -7.14% | -1.40% | 38 |
| MRSH Marsh & Mclennan Companies | 0.55% | 171.12 | +0.70% | -2.22% | -11.46% | -6.82% | 12 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 108.80 | +1.68% | -0.14% | -2.60% | +13.45% | 66 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 411.45 | +0.64% | +1.40% | -0.83% | +25.87% | 73 |
| AON AON Plc | 0.48% | 277.99 | +0.69% | -5.97% | -21.47% | -20.85% | 0 |
| MCO Moody's Corp | 0.47% | 468.70 | +0.29% | +0.02% | -8.91% | -7.83% | 22 |
| TRV The Travelers Companies | 0.46% | 363.04 | +0.18% | -3.09% | -2.19% | +25.62% | 69 |
| KKR KKR & Company LP | 0.45% | 96.67 | +1.08% | -2.17% | -10.90% | -23.88% | 14 |
| NWG Natwest Group Plc ADR | 0.43% | 694.40 | +1.43% | -0.71% | +0.35% | +10.93% | 80 |
| APO Apollo Asset Management | 0.42% | 121.69 | +0.83% | -3.35% | -8.96% | -15.24% | 21 |
| TFC Truist Financial Corp | 0.41% | 47.66 | +1.02% | -1.85% | -5.94% | -1.14% | 47 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 119.40 | -1.18% | -0.35% | +10.01% | +5.57% | 98 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 8200.00 | -0.56% | -0.56% | -5.62% | -7.37% | 53 |
| ALL Allstate Corp | 0.38% | 227.60 | +0.19% | -8.90% | -12.70% | +10.48% | 10 |
| AFL Aflac Inc | 0.38% | 113.72 | -0.25% | -2.24% | -3.18% | +4.21% | 62 |
| GLE Global Engine Group Holding Limited | 0.37% | 72.31 | +3.49% | -0.39% | +1.80% | +6.71% | 87 |
| AJG Arthur J. Gallagher & Company | 0.37% | 231.10 | +1.75% | -3.50% | -12.80% | -10.13% | 9 |
| NU Nu Holdings Ltd Cl A | 0.34% | 13.59 | +0.22% | -0.44% | -10.42% | -18.82% | 16 |
| CABK.MC CAIXABANK SA | 0.34% | 13.23 | +2.56% | +1.77% | +0.95% | +30.08% | 84 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2313.00 | +2.48% | +1.45% | +6.00% | +29.88% | 94 |
| G Genpact Ltd | 0.32% | 33.10 | -0.81% | -3.05% | -10.25% | -28.89% | 17 |
| MET Metlife Inc | 0.32% | 97.70 | +0.46% | +0.68% | +1.22% | +25.61% | 86 |
| SREN.SW SWISS RE AG | 0.32% | 141.65 | -0.32% | +2.09% | +1.21% | +11.86% | 85 |
| FITB Fifth Third Bancorp | 0.30% | 52.10 | +1.24% | -1.53% | -5.44% | +12.31% | 55 |
| ITUB Itau Unibanco Banco Holding S.A. ADR | 0.30% | 8.11 | +0.37% | -1.10% | +6.61% | +15.72% | 95 |
| STT State Street Corp | 0.29% | 181.34 | +0.14% | -0.84% | -6.34% | +42.43% | 43 |
| COIN Coinbase Global Cl A | 0.29% | 195.11 | -2.06% | +0.44% | +7.33% | -13.72% | 96 |
| MSCI MSCI Inc | 0.29% | 551.36 | -0.85% | -0.27% | -2.28% | -3.17% | 68 |
| AIG American International Group | 0.29% | 74.17 | -0.87% | -1.54% | -3.64% | -12.79% | 62 |
| AMP Ameriprise Financial Services | 0.29% | 493.00 | +1.62% | -9.43% | -12.01% | +1.21% | 11 |
| PYPL Paypal Holdings | 0.28% | 55.04 | +4.64% | +5.02% | -10.73% | -5.44% | 15 |
| NDAQ Nasdaq Inc | 0.28% | 93.55 | -1.06% | +0.01% | -5.95% | -3.38% | 47 |
| PRU Prudential Financial Inc | 0.27% | 119.45 | +0.59% | +0.89% | -0.66% | +8.74% | 74 |
| HIG The Hartford Insurance Group | 0.26% | 124.23 | -1.16% | -5.81% | -10.79% | -9.03% | 14 |
| XYZ Block Inc | 0.26% | 76.42 | -0.42% | +0.18% | -8.04% | +17.41% | 29 |
| IBKR Interactive Brokers | 0.25% | 89.24 | -0.65% | -1.60% | -7.94% | +39.05% | 29 |
| PRU Prudential Financial Inc | 0.25% | 119.45 | +0.59% | +0.89% | -0.66% | +8.74% | 74 |
| CBOE CBOE Global Markets | 0.25% | 258.03 | -3.57% | -5.44% | -17.12% | +3.27% | 3 |
| ADYEN.AS ADYEN NV | 0.24% | 875.50 | +3.79% | -0.41% | -18.91% | -36.33% | 2 |
| ACGL Arch Capital Grp Ltd | 0.24% | 94.66 | -0.38% | -2.30% | -6.02% | -1.31% | 46 |
| DANSKE.CO DANSKE BANK | 0.23% | 377.60 | +0.56% | +0.59% | +2.33% | +30.07% | 88 |
| SWED-A.ST SWEDBANK | 0.23% | 410.70 | +0.93% | +2.06% | +10.05% | +40.69% | 98 |
| MTB M&T Bank Corp | 0.22% | 221.19 | +1.16% | -2.69% | -7.83% | +11.32% | 32 |
| HBAN Huntington Bancshares | 0.22% | 15.64 | +2.16% | -1.51% | -8.22% | -8.94% | 26 |
| KBC.BR KBC GROEP | 0.22% | 132.35 | +1.38% | +0.95% | +0.53% | +23.51% | 80 |
| NTRS Northern Trust Corp | 0.21% | 175.73 | +0.70% | -1.21% | -5.92% | +29.98% | 48 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 915.80 | +1.40% | -0.91% | -0.22% | +4.22% | 77 |
| III Information Svcs Group | 0.21% | 2664.00 | +1.80% | +0.00% | -6.33% | -18.36% | 44 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 233.90 | +1.04% | +2.68% | +5.55% | +25.89% | 92 |
| FISV Fiserv Inc | 0.20% | 46.48 | +1.09% | -1.50% | -11.38% | -30.80% | 13 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 8.83 | +0.27% | -6.48% | -9.94% | -11.13% | 17 |
| CFG Citizens Financial Group | 0.18% | 65.53 | +1.24% | -2.25% | -7.04% | +13.79% | 39 |
| RJF Raymond James Financial | 0.18% | 159.87 | +0.70% | -2.96% | -9.52% | +0.26% | 19 |
| CINF Cincinnati Financial | 0.18% | 162.54 | +0.13% | -3.27% | -5.71% | +0.11% | 50 |
| ARES Ares Management LP | 0.18% | 122.01 | +1.58% | -1.45% | -14.07% | -23.49% | 5 |
| AV.LSE AVIVA PLC | 0.17% | 699.20 | +0.20% | -1.85% | -2.24% | +6.64% | 68 |
| A5G.IR AIB GROUP PLC | 0.17% | 11.70 | +1.56% | +0.34% | +8.43% | +33.85% | 97 |
| SYF Synchrony Financial | 0.17% | 72.94 | +1.94% | -2.80% | -8.57% | -11.86% | 23 |
| WTW Willis Towers Watson Public | 0.17% | 293.99 | +0.12% | -5.16% | -14.32% | -10.24% | 5 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 601.00 | +1.69% | -1.96% | -20.06% | -35.53% | 1 |
| CPAY Corpay Inc | 0.17% | 398.11 | -0.55% | +0.09% | -2.17% | +32.29% | 70 |
| RF Regions Financial Corp | 0.16% | 27.62 | +1.32% | -3.09% | -9.12% | +3.88% | 20 |
| NN Nextnav Inc | 0.16% | 14.38 | -0.48% | +1.13% | -6.56% | -13.58% | 42 |
| BAP Credicorp Ltd | 0.16% | 386.16 | +0.82% | +1.13% | +0.94% | +41.04% | 83 |
| TROW T Rowe Price Group | 0.16% | 105.51 | +1.19% | +1.30% | -6.25% | +4.59% | 44 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 156.00 | +0.97% | +1.86% | +5.98% | +32.97% | 93 |
| FIS Fidelity National Information Services | 0.15% | 35.41 | +1.20% | -0.59% | -12.87% | -46.26% | 8 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 43.65 | +1.80% | +0.51% | +6.83% | +51.67% | 95 |
| ACA Arcosa Inc | 0.15% | 146.62 | +0.07% | +0.53% | +0.94% | +38.07% | 83 |
| PFG Principal Financial Group | 0.14% | 114.77 | +0.54% | -2.46% | +3.06% | +32.33% | 89 |
| HBAN Huntington Bancshares | 0.14% | 15.64 | +2.16% | -1.51% | -8.22% | -8.94% | 26 |
| WRB W.R. Berkley Corp | 0.14% | 66.82 | -0.70% | -4.39% | -2.69% | -3.73% | 64 |
| KEY Keycorp | 0.14% | 20.61 | +1.78% | -0.96% | -5.81% | +1.84% | 50 |
| BBD Banco Bradesco S.A. ADR | 0.13% | 3.41 | +0.89% | -0.58% | +4.72% | +7.06% | 91 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 89 |
| BAM Brookfield Asset Management Ltd | 0.13% | 44.59 | +0.02% | -3.19% | -13.43% | -12.27% | 7 |
| L Loews Corp | 0.13% | 104.82 | -0.24% | -2.74% | -5.53% | -0.35% | 53 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 71.24 | +1.66% | -1.47% | -5.64% | +19.14% | 52 |
| GPN Global Payments Inc | 0.12% | 86.49 | +1.38% | +1.68% | -6.96% | +12.11% | 40 |
| BRO Brown & Brown | 0.12% | 60.82 | +0.81% | -6.46% | -16.43% | -23.29% | 4 |
| EG Everest Re Group | 0.10% | 370.43 | -0.41% | -1.18% | -2.46% | +9.84% | 67 |
| IAG Iamgold Corp | 0.09% | 19.70 | +1.76% | -3.19% | -8.54% | +19.47% | 24 |
| SUN Sunoco LP | 0.09% | 74.76 | -1.41% | -3.99% | -0.45% | +49.14% | 77 |
| BG Bunge Ltd | 0.09% | 109.00 | -1.10% | -5.69% | -3.75% | +23.80% | 61 |
| AIZ Assurant Inc | 0.09% | 265.00 | +1.20% | -6.10% | -7.86% | +10.47% | 31 |
| GL Globe Life Inc | 0.09% | 167.04 | -0.17% | -3.68% | -4.85% | +19.95% | 56 |
| IVZ Invesco Limited | 0.08% | 30.92 | +0.78% | +1.28% | -6.25% | +19.58% | 45 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 73.48 | +1.02% | -0.81% | +3.84% | +25.21% | 90 |
| ADM Archer Daniels Midland | 0.08% | 81.12 | -0.93% | -4.77% | +1.29% | +43.10% | 86 |
| EQT Eqt Corp | 0.08% | 50.81 | -2.04% | +1.62% | -7.26% | -4.67% | 36 |
| JKHY Jack Henry & Assoc | 0.07% | 147.79 | +0.03% | -4.56% | -13.96% | -18.35% | 6 |
| BEN Franklin Resources | 0.06% | 33.02 | +1.44% | +0.03% | -5.68% | +40.24% | 51 |
| MNG.LSE M&G PLC | 0.06% | 326.70 | +0.21% | -1.63% | -6.66% | +19.53% | 41 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 541.40 | +0.67% | +1.12% | +0.26% | +32.82% | 79 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 894.00 | +0.79% | -1.03% | -4.44% | +26.13% | 58 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 44.31 | +1.86% | +6.44% | +18.92% | +175.22% | 99 |
| FDS Factset Research Systems | 0.06% | 273.08 | +0.67% | -3.79% | -7.22% | -4.95% | 37 |
| TRYG.CO TRYG | 0.05% | 141.30 | +0.00% | -6.79% | -8.90% | -12.87% | 23 |
| EXO.AS EXOR NV | 0.05% | 70.55 | -0.21% | +2.99% | -1.67% | -1.91% | 71 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 546.50 | +0.92% | +1.30% | +0.55% | +33.93% | 82 |
| ERIE Erie Indemnity Company | 0.04% | 222.86 | +1.78% | -6.77% | -13.38% | -21.40% | 8 |
| BSAC Banco Santander Chile ADR | 0.03% | 34.37 | +1.75% | +1.57% | -2.66% | +15.97% | 65 |
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 2026-09-25: over 21 sessions the fund returned -3.43% while its median constituent returned -5.81% — a dispersion of 6.46 pp; 38% of 133 members beat the fund. Broad decline - breadth is falling with price.
How did IXG's members trade in the last session?
As of 2026-09-25: fund +1.02%, median member +0.78%, 98 advancers vs 34 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 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.