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 -0.90pp sector return − SPY
RS vs Nasdaq-100 21d -1.05pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +2.5% · A/D +194 (+1.56/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 | +0.30% | +0.46 | +6pp | +0.79pp | Improving |
| 1 month | +2.50% | +1.56 | -7pp | -1.46pp | Confirming ↑ |
| 1 quarter | +12.03% | +7.04 | -1pp | +0.21pp | Confirming ↑ |
Over the last 126 sessions: price up +12.77%, breadth up (+9.28/name) · % beating 42→47 · median−ETF -1.59pp→-0.31pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.12% | +0.22% | +0.10pp | 74 / 49 | 70 / 54 | 93 of 124 | ±1.37% |
| 5d | +0.31% | +0.91% | +0.61pp | 77 / 46 | 72 / 52 | 34 of 124 | ±3.75% |
| 21d | +2.51% | +2.21% | -0.30pp | 85 / 39 | 59 / 65 | 20 of 124 | ±6.8% |
| YTD | +11.83% | +11.11% | -0.72pp | 90 / 34 | 60 / 64 | 3 of 124 | ±21.4% |
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)
- NU+9.33%+0.03pp
- BAC+0.62%+0.01pp
- WFC+0.81%+0.01pp
- COF+1.57%+0.01pp
- MA+0.40%+0.01pp
- BRK-B-0.57%-0.03pp
- BX-3.61%-0.02pp
- HOOD-3.83%-0.02pp
- SAN-1.19%-0.01pp
- V-0.36%-0.01pp
This month (21d)
- JPM+5.74%+0.32pp
- BRK-B+2.21%+0.13pp
- BAC+4.88%+0.11pp
- MA+3.22%+0.09pp
- C+5.79%+0.09pp
- GS-5.12%-0.1pp
- SPGI-8.43%-0.07pp
- AXP-5.28%-0.06pp
- BN-7.59%-0.05pp
- HOOD-9.87%-0.04pp
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)
- NN+43.75%
- ADYEN.AS+24.31%
- GPN+15.60%
- ARES+14.82%
- APO+14.12%
- MSCI-10.69%
- HOOD-9.87%
- SPGI-8.43%
- BN-7.59%
- COIN-7.49%
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% | 504.03 | -0.57% | -3.41% | +2.21% | +0.27% | 50 |
| JPM JP Morgan Chase & Company | 5.61% | 362.84 | -0.07% | +1.49% | +5.74% | +13.69% | 67 |
| V Visa Inc | 3.82% | 364.15 | -0.36% | +0.64% | -0.27% | +4.05% | 29 |
| MA Mastercard Inc | 2.79% | 569.29 | +0.40% | +1.13% | +3.22% | +0.04% | 58 |
| BAC Bank of America Corp | 2.35% | 64.49 | +0.62% | +2.09% | +4.88% | +17.92% | 65 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1527.80 | +0.13% | -0.09% | +2.28% | +34.44% | 52 |
| GS Goldman Sachs Group | 2.04% | 1039.42 | -0.31% | -0.02% | -5.12% | +18.87% | 7 |
| MS Morgan Stanley | 1.65% | 217.36 | -0.47% | +0.48% | -0.46% | +23.77% | 26 |
| WFC Wells Fargo & Company | 1.61% | 88.82 | +0.81% | +1.80% | +0.85% | -4.23% | 36 |
| C Citigroup Inc | 1.50% | 139.33 | +0.43% | +3.21% | +5.79% | +20.59% | 68 |
| SAN Banco Santander ADR | 1.22% | 75.52 | -1.19% | +0.28% | -1.85% | -3.60% | 16 |
| AXP American Express Company | 1.14% | 342.48 | -0.34% | +0.46% | -5.28% | -6.93% | 6 |
| BLK Blackrock Inc | 1.05% | 1173.73 | -0.77% | +3.29% | +7.97% | +10.27% | 78 |
| SCHW The Charles Schwab Corp | 1.04% | 111.09 | +0.94% | +3.54% | +8.06% | +11.57% | 80 |
| UBSG.SW UBS GROUP AG | 0.98% | 43.55 | +0.14% | +0.21% | +0.44% | +19.33% | 33 |
| SPGI S&P Global Inc | 0.88% | 418.80 | -0.92% | +2.60% | -8.43% | -19.49% | 2 |
| CB Chubb Ltd | 0.82% | 343.64 | -0.25% | -1.90% | -0.02% | +10.42% | 31 |
| COF Capital One Financial Corp | 0.80% | 227.34 | +1.57% | +4.40% | +7.27% | -5.43% | 75 |
| PGR Progressive Corp | 0.80% | 209.60 | +0.35% | -2.66% | +1.85% | -2.06% | 48 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 592.80 | +0.51% | -0.07% | -3.36% | +3.97% | 10 |
| CME CME Group | 0.72% | 269.80 | +0.97% | +2.33% | +9.55% | +1.16% | 87 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 112.10 | -0.23% | -0.39% | +8.98% | +42.04% | 85 |
| BN Brookfield Corp | 0.69% | 67.24 | -1.09% | -1.44% | -7.59% | -9.29% | 2 |
| BNY Bank of New York Mellon Corp | 0.66% | 163.24 | +0.61% | +3.57% | +1.48% | +41.80% | 42 |
| BX Blackstone Inc | 0.61% | 143.93 | -3.61% | +4.96% | +11.60% | -4.66% | 92 |
| PNC PNC Bank | 0.61% | 256.97 | +0.69% | +1.75% | +1.50% | +25.01% | 43 |
| ICE Intercontinental Exchange | 0.59% | 154.73 | -0.33% | +2.95% | +9.15% | -4.16% | 86 |
| USB U.S. Bancorp | 0.58% | 65.42 | +0.38% | +2.31% | +2.20% | +23.87% | 49 |
| INGA.AS ING GROEP NV | 0.57% | 30.89 | +0.21% | +1.30% | +7.09% | +33.45% | 74 |
| BARC.LSE BARCLAYS PLC | 0.56% | 520.50 | +0.29% | +0.87% | -0.82% | +10.63% | 24 |
| MRSH Marsh & Mclennan Companies | 0.55% | 187.82 | -0.46% | -2.00% | +3.70% | +2.28% | 60 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 115.20 | -0.09% | +0.04% | +2.26% | +20.12% | 51 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 412.65 | -0.45% | -2.61% | +4.65% | +26.24% | 64 |
| AON AON Plc | 0.48% | 355.83 | -0.35% | -0.69% | -3.47% | +1.32% | 10 |
| MCO Moody's Corp | 0.47% | 484.96 | -0.71% | +1.72% | -6.56% | -4.64% | 5 |
| TRV The Travelers Companies | 0.46% | 370.36 | +0.10% | -3.63% | +9.63% | +28.15% | 88 |
| KKR KKR & Company LP | 0.45% | 114.01 | -1.12% | +11.10% | +10.96% | -10.23% | 91 |
| NWG Natwest Group Plc ADR | 0.43% | 707.80 | +0.31% | +1.05% | +6.50% | +13.08% | 71 |
| APO Apollo Asset Management | 0.42% | 140.76 | -1.96% | +10.45% | +14.12% | -1.95% | 96 |
| TFC Truist Financial Corp | 0.41% | 53.10 | +1.20% | +2.44% | -0.28% | +10.14% | 28 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 95.56 | -3.83% | +2.43% | -9.87% | -15.51% | 1 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 8536.00 | -0.23% | -3.70% | -6.14% | -3.57% | 6 |
| ALL Allstate Corp | 0.38% | 261.41 | +0.36% | -2.09% | +8.08% | +26.89% | 81 |
| AFL Aflac Inc | 0.38% | 121.45 | +0.29% | -2.54% | -1.28% | +11.30% | 21 |
| GLE Global Engine Group Holding Limited | 0.37% | 82.36 | -0.62% | -1.86% | +8.83% | +21.55% | 83 |
| AJG Arthur J. Gallagher & Company | 0.37% | 251.21 | -0.90% | +1.25% | -1.84% | -2.31% | 17 |
| NU Nu Holdings Ltd Cl A | 0.34% | 15.23 | +9.33% | +10.04% | +10.44% | -9.02% | 90 |
| CABK.MC CAIXABANK SA | 0.34% | 12.97 | +0.54% | +1.17% | +3.97% | +27.57% | 61 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2219.00 | -0.18% | +0.00% | +4.23% | +24.60% | 63 |
| G Genpact Ltd | 0.32% | 33.86 | -1.48% | -1.25% | +8.46% | -27.26% | 81 |
| MET Metlife Inc | 0.32% | 97.66 | +0.19% | -0.11% | +4.23% | +25.55% | 62 |
| SREN.SW SWISS RE AG | 0.32% | 139.45 | +1.01% | +0.69% | +2.65% | +10.13% | 54 |
| FITB Fifth Third Bancorp | 0.30% | 58.06 | +0.21% | +1.70% | -2.21% | +25.15% | 13 |
| STT State Street Corp | 0.29% | 191.74 | +1.00% | +3.82% | +3.27% | +50.60% | 59 |
| COIN Coinbase Global Cl A | 0.29% | 148.47 | -3.53% | -3.34% | -7.49% | -34.35% | 3 |
| MSCI MSCI Inc | 0.29% | 569.13 | -1.06% | +1.42% | -10.69% | -0.05% | 0 |
| AIG American International Group | 0.29% | 76.64 | +0.80% | -2.72% | -1.78% | -9.89% | 18 |
| AMP Ameriprise Financial Services | 0.29% | 569.54 | -0.20% | +3.18% | +6.81% | +16.92% | 73 |
| PYPL Paypal Holdings | 0.28% | 61.66 | +1.77% | +4.38% | +8.69% | +5.94% | 82 |
| NDAQ Nasdaq Inc | 0.28% | 97.02 | -0.58% | +2.57% | +2.94% | +0.20% | 56 |
| PRU Prudential Financial Inc | 0.27% | 125.13 | +0.30% | +3.17% | +5.82% | +13.91% | 69 |
| HIG The Hartford Insurance Group | 0.26% | 138.02 | +0.15% | -3.67% | +1.00% | +1.07% | 39 |
| XYZ Block Inc | 0.26% | 82.88 | -0.25% | +4.91% | +1.67% | +27.33% | 46 |
| IBKR Interactive Brokers | 0.25% | 92.06 | +0.70% | +4.82% | -0.16% | +43.45% | 30 |
| PRU Prudential Financial Inc | 0.25% | 125.13 | +0.30% | +3.17% | +5.82% | +13.91% | 69 |
| CBOE CBOE Global Markets | 0.25% | 296.14 | +1.04% | +3.34% | +6.57% | +18.52% | 73 |
| ADYEN.AS ADYEN NV | 0.24% | 1061.60 | +0.23% | +14.11% | +24.31% | -22.79% | 98 |
| ACGL Arch Capital Grp Ltd | 0.24% | 98.71 | +0.69% | +0.23% | -1.33% | +2.91% | 20 |
| DANSKE.CO DANSKE BANK | 0.23% | 374.30 | +0.89% | -0.13% | +1.16% | +28.94% | 40 |
| SWED-A.ST SWEDBANK | 0.23% | 380.50 | +0.08% | -1.01% | +2.64% | +30.35% | 53 |
| MTB M&T Bank Corp | 0.22% | 254.09 | +0.33% | +1.45% | +0.02% | +27.88% | 31 |
| HBAN Huntington Bancshares | 0.22% | 17.91 | +0.79% | +2.05% | -3.50% | +4.28% | 8 |
| KBC.BR KBC GROEP | 0.22% | 131.70 | +1.07% | +2.97% | +7.95% | +22.90% | 77 |
| NTRS Northern Trust Corp | 0.21% | 191.41 | +0.49% | +3.19% | +1.53% | +41.57% | 44 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 936.00 | +0.34% | -1.91% | -0.85% | +6.52% | 23 |
| III Information Svcs Group | 0.21% | 2785.00 | +0.18% | -2.86% | +5.37% | -14.65% | 66 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 222.90 | +0.41% | -0.58% | +3.53% | +19.96% | 60 |
| FISV Fiserv Inc | 0.20% | 54.39 | -2.00% | +3.78% | +5.16% | -19.03% | 65 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 9.72 | +1.12% | +0.96% | +1.72% | -2.15% | 47 |
| CFG Citizens Financial Group | 0.18% | 74.73 | +0.84% | +2.83% | +0.44% | +29.77% | 34 |
| RJF Raymond James Financial | 0.18% | 180.81 | -0.10% | +2.41% | +6.55% | +13.39% | 72 |
| CINF Cincinnati Financial | 0.18% | 173.17 | +0.29% | -2.09% | -1.77% | +6.66% | 19 |
| ARES Ares Management LP | 0.18% | 144.02 | -3.63% | +5.24% | +14.82% | -9.68% | 97 |
| AV.LSE AVIVA PLC | 0.17% | 726.60 | +1.82% | +1.96% | +10.22% | +10.81% | 90 |
| A5G.IR AIB GROUP PLC | 0.17% | 10.75 | +0.56% | +0.76% | +2.87% | +22.99% | 56 |
| SYF Synchrony Financial | 0.17% | 81.00 | +1.15% | +3.07% | +9.05% | -2.12% | 85 |
| WTW Willis Towers Watson Public | 0.17% | 331.59 | -0.72% | -3.84% | +12.66% | +1.25% | 94 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 727.40 | +0.47% | -0.68% | +7.41% | -21.97% | 76 |
| CPAY Corpay Inc | 0.17% | 417.60 | -1.80% | +6.28% | +12.32% | +38.77% | 93 |
| RF Regions Financial Corp | 0.16% | 31.90 | +0.76% | +1.50% | -1.54% | +19.98% | 19 |
| NN Nextnav Inc | 0.16% | 19.90 | +1.97% | +21.98% | +43.75% | +19.56% | 99 |
| TROW T Rowe Price Group | 0.16% | 110.56 | -0.66% | -3.03% | -6.99% | +9.60% | 4 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 148.30 | +0.47% | +0.68% | +6.04% | +26.41% | 70 |
| FIS Fidelity National Information Services | 0.15% | 42.92 | -2.74% | +0.35% | +0.70% | -34.86% | 35 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 41.43 | -0.17% | +4.28% | +8.85% | +43.96% | 84 |
| ACA Arcosa Inc | 0.15% | 20.20 | +0.50% | +3.03% | +12.72% | +23.07% | 94 |
| PFG Principal Financial Group | 0.14% | 113.98 | -0.83% | +0.51% | +0.76% | +31.42% | 35 |
| HBAN Huntington Bancshares | 0.14% | 17.91 | +0.79% | +2.05% | -3.50% | +4.28% | 8 |
| WRB W.R. Berkley Corp | 0.14% | 70.51 | +0.06% | -1.52% | +0.87% | +1.59% | 37 |
| KEY Keycorp | 0.14% | 23.31 | +1.39% | +2.55% | -2.83% | +15.18% | 12 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 55 |
| L Loews Corp | 0.13% | 113.03 | +0.28% | -2.16% | -0.76% | +7.45% | 25 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 75.80 | +1.12% | +0.85% | +1.39% | +26.77% | 41 |
| GPN Global Payments Inc | 0.12% | 93.05 | -1.88% | +8.05% | +15.60% | +20.61% | 98 |
| BRO Brown & Brown | 0.12% | 70.54 | -1.49% | -1.02% | +1.58% | -11.03% | 44 |
| EG Everest Re Group | 0.10% | 370.11 | +1.11% | -1.29% | -0.83% | +9.75% | 23 |
| BG Bunge Ltd | 0.09% | 113.69 | +0.85% | +4.90% | -1.85% | +29.13% | 15 |
| AIZ Assurant Inc | 0.09% | 282.38 | +0.52% | -2.48% | +2.52% | +17.72% | 52 |
| GL Globe Life Inc | 0.09% | 181.00 | +0.18% | -1.55% | -1.93% | +29.97% | 15 |
| IVZ Invesco Limited | 0.08% | 32.55 | +0.59% | +3.76% | +7.43% | +25.88% | 77 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 70.68 | +0.97% | -0.25% | +1.96% | +20.44% | 48 |
| ADM Archer Daniels Midland | 0.08% | 80.45 | +0.37% | +5.04% | -3.07% | +41.92% | 11 |
| EQT Eqt Corp | 0.08% | 54.42 | +0.63% | +5.28% | +10.16% | +2.10% | 89 |
| JKHY Jack Henry & Assoc | 0.07% | 153.31 | -1.64% | -1.69% | -0.34% | -15.30% | 27 |
| BEN Franklin Resources | 0.06% | 33.86 | +0.00% | +0.27% | +1.59% | +43.80% | 45 |
| MNG.LSE M&G PLC | 0.06% | 355.90 | +0.71% | -1.96% | +0.91% | +30.22% | 38 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 518.80 | -1.18% | -5.98% | -1.14% | +27.28% | 22 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 927.00 | +0.71% | -1.54% | +3.00% | +30.78% | 57 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 39.54 | -0.25% | +5.75% | +0.08% | +145.59% | 32 |
| FDS Factset Research Systems | 0.06% | 283.49 | -1.28% | -0.73% | +8.01% | -1.33% | 79 |
| TRYG.CO TRYG | 0.05% | 153.40 | +0.26% | -0.52% | -0.39% | -5.41% | 27 |
| EXO.AS EXOR NV | 0.05% | 70.35 | +0.64% | -0.28% | +1.15% | -2.19% | 40 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 521.00 | -1.23% | -6.38% | -2.16% | +27.68% | 14 |
| ERIE Erie Indemnity Company | 0.04% | 255.99 | +0.06% | +1.35% | +13.30% | -9.71% | 95 |
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.