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 +3.91pp sector return − SPY
RS vs Nasdaq-100 21d +7.86pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +3.23% · A/D +323 (+2.6/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 | +0.51% | +0.54 | +1pp | +1.73pp | Improving |
| 1 month | +3.23% | +2.6 | +9pp | +1.71pp | Confirming ↑ |
| 1 quarter | +6.75% | +4.4 | +12pp | +2.40pp | Confirming ↑ |
Over the last 126 sessions: price up +6.68%, breadth up (+7.57/name) · % beating 53→63 · median−ETF +0.45pp→+2.58pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -1.42% | -1.07% | +0.35pp | 38 / 85 | 75 / 49 | 68 of 124 | ±1.86% |
| 5d | +0.51% | +1.33% | +0.82pp | 91 / 33 | 80 / 44 | 40 of 124 | ±4% |
| 21d | +3.23% | +5.54% | +2.31pp | 100 / 24 | 76 / 48 | 19 of 124 | ±6.84% |
| YTD | +7.54% | +8.85% | +1.31pp | 84 / 40 | 68 / 56 | 7 of 124 | ±21.44% |
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)
- TRV+9.22%+0.04pp
- CB+2.46%+0.02pp
- ZURN.SW+1.79%+0.01pp
- ALL+3.32%+0.01pp
- AIG+3.17%+0.01pp
- V-1.80%-0.07pp
- GS-2.76%-0.06pp
- MA-1.44%-0.04pp
- JPM-0.60%-0.03pp
- BRK-B-0.45%-0.03pp
This month (21d)
- V+7.64%+0.29pp
- MA+8.43%+0.24pp
- BAC+7.79%+0.18pp
- JPM+3.01%+0.17pp
- TRV+19.99%+0.09pp
- C-9.53%-0.14pp
- APO-13.01%-0.05pp
- NN-30.97%-0.05pp
- BRK-B-0.82%-0.05pp
- GS-2.33%-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)
- PYPL+29.58%
- TRV+19.99%
- AJG+17.60%
- JKHY+17.31%
- BRO+16.16%
- NN-30.97%
- APO-13.01%
- C-9.53%
- ADYEN.AS-7.82%
- COIN-7.18%
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% | 490.91 | -0.45% | -0.57% | -0.82% | -2.34% | 15 |
| JPM JP Morgan Chase & Company | 5.61% | 341.10 | -0.60% | +1.38% | +3.01% | +6.88% | 35 |
| V Visa Inc | 3.82% | 358.56 | -1.80% | +2.75% | +7.64% | +2.45% | 69 |
| MA Mastercard Inc | 2.79% | 543.60 | -1.44% | +3.20% | +8.43% | -4.47% | 74 |
| BAC Bank of America Corp | 2.35% | 61.27 | -0.36% | +2.68% | +7.79% | +12.03% | 72 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1492.20 | -0.11% | +1.44% | +3.45% | +31.31% | 41 |
| GS Goldman Sachs Group | 2.04% | 1065.22 | -2.76% | +0.95% | -2.33% | +21.82% | 10 |
| MS Morgan Stanley | 1.65% | 215.50 | -1.31% | -3.05% | -2.41% | +22.71% | 9 |
| WFC Wells Fargo & Company | 1.61% | 87.51 | -0.64% | +0.40% | +2.89% | -5.64% | 34 |
| C Citigroup Inc | 1.50% | 129.36 | -1.78% | -8.12% | -9.53% | +11.96% | 2 |
| SAN Banco Santander ADR | 1.22% | 77.34 | +0.52% | +1.46% | +5.45% | -1.28% | 49 |
| AXP American Express Company | 1.14% | 355.35 | -1.72% | +1.36% | +4.29% | -3.43% | 46 |
| BLK Blackrock Inc | 1.05% | 1072.20 | -1.37% | +3.48% | +1.90% | +0.73% | 27 |
| SCHW The Charles Schwab Corp | 1.04% | 101.56 | -1.21% | -1.51% | +8.42% | +1.99% | 73 |
| UBSG.SW UBS GROUP AG | 0.98% | 42.54 | -1.89% | +1.14% | +3.60% | +16.56% | 43 |
| SPGI S&P Global Inc | 0.88% | 450.84 | -1.43% | +4.72% | +4.06% | -13.33% | 44 |
| CB Chubb Ltd | 0.82% | 352.16 | +2.46% | +1.24% | +7.08% | +13.16% | 65 |
| COF Capital One Financial Corp | 0.80% | 208.03 | -1.84% | +3.23% | +3.69% | -13.47% | 44 |
| PGR Progressive Corp | 0.80% | 207.95 | +1.04% | -9.87% | +1.61% | -2.83% | 26 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 624.40 | +1.79% | +1.66% | +8.89% | +9.52% | 77 |
| CME CME Group | 0.72% | 245.05 | -0.50% | +1.99% | -6.33% | -8.12% | 5 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 102.00 | -0.84% | +1.37% | +0.87% | +29.24% | 21 |
| BN Brookfield Corp | 0.69% | 72.98 | +0.30% | +0.77% | +11.08% | -1.55% | 88 |
| BNY Bank of New York Mellon Corp | 0.66% | 157.13 | -2.32% | +3.43% | +8.78% | +36.49% | 77 |
| BX Blackstone Inc | 0.61% | 126.91 | -1.60% | +3.10% | -0.75% | -15.94% | 17 |
| PNC PNC Bank | 0.61% | 252.86 | -0.92% | +0.38% | +7.74% | +23.01% | 71 |
| ICE Intercontinental Exchange | 0.59% | 139.65 | -1.49% | +3.25% | -1.15% | -13.50% | 14 |
| USB U.S. Bancorp | 0.58% | 63.14 | -1.36% | +1.17% | +7.22% | +19.55% | 66 |
| INGA.AS ING GROEP NV | 0.57% | 28.37 | -1.63% | -0.16% | +3.07% | +22.58% | 35 |
| BARC.LSE BARCLAYS PLC | 0.56% | 516.70 | -1.54% | +0.80% | +3.22% | +9.83% | 37 |
| MRSH Marsh & Mclennan Companies | 0.55% | 182.18 | +0.02% | +2.17% | +9.23% | -0.79% | 83 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 111.50 | -1.02% | -0.58% | +5.14% | +16.26% | 48 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 397.00 | +0.68% | +0.66% | +2.78% | +21.45% | 33 |
| AON AON Plc | 0.48% | 367.21 | -0.39% | +2.88% | +10.79% | +4.56% | 87 |
| MCO Moody's Corp | 0.47% | 510.86 | -1.57% | +4.84% | +9.06% | +0.46% | 78 |
| TRV The Travelers Companies | 0.46% | 368.98 | +9.22% | +8.87% | +19.99% | +27.67% | 98 |
| KKR KKR & Company LP | 0.45% | 100.94 | -1.76% | +4.13% | +1.99% | -20.52% | 28 |
| NWG Natwest Group Plc ADR | 0.43% | 669.40 | +0.72% | +1.06% | +4.40% | +6.94% | 47 |
| APO Apollo Asset Management | 0.42% | 120.47 | -2.33% | +0.11% | -13.01% | -16.09% | 1 |
| TFC Truist Financial Corp | 0.41% | 52.50 | -1.41% | +1.61% | +6.86% | +8.90% | 62 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 99.96 | -5.72% | -10.73% | +3.36% | -11.62% | 40 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 8978.00 | -1.28% | +0.79% | +7.68% | +1.42% | 69 |
| ALL Allstate Corp | 0.38% | 249.90 | +3.32% | -0.68% | +12.02% | +21.30% | 91 |
| AFL Aflac Inc | 0.38% | 124.72 | +1.38% | +2.30% | +6.23% | +14.29% | 56 |
| GLE Global Engine Group Holding Limited | 0.37% | 74.55 | -1.49% | +0.39% | -4.48% | +10.02% | 6 |
| AJG Arthur J. Gallagher & Company | 0.37% | 253.90 | -0.79% | +0.32% | +17.60% | -1.26% | 98 |
| NU Nu Holdings Ltd Cl A | 0.34% | 13.59 | -1.45% | -1.24% | +6.84% | -18.82% | 61 |
| CABK.MC CAIXABANK SA | 0.34% | 12.47 | -0.04% | -0.44% | -0.80% | +22.65% | 16 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2103.00 | -1.22% | -1.04% | +2.19% | +18.08% | 29 |
| G Genpact Ltd | 0.32% | 30.89 | -1.06% | +5.18% | -1.37% | -33.64% | 13 |
| MET Metlife Inc | 0.32% | 94.00 | +0.32% | +2.56% | +7.55% | +20.85% | 67 |
| SREN.SW SWISS RE AG | 0.32% | 138.30 | +1.80% | +4.30% | +13.27% | +9.22% | 93 |
| FITB Fifth Third Bancorp | 0.30% | 58.01 | -2.29% | +1.65% | +8.55% | +25.05% | 75 |
| STT State Street Corp | 0.29% | 182.50 | -1.70% | +1.27% | +6.54% | +43.34% | 60 |
| COIN Coinbase Global Cl A | 0.29% | 157.12 | -2.10% | -1.23% | -7.18% | -30.52% | 3 |
| MSCI MSCI Inc | 0.29% | 628.66 | -1.35% | +3.96% | +3.37% | +10.40% | 40 |
| AIG American International Group | 0.29% | 80.50 | +3.17% | +1.68% | +7.03% | -5.35% | 63 |
| AMP Ameriprise Financial Services | 0.29% | 527.87 | -1.00% | +4.17% | +12.00% | +8.37% | 90 |
| PYPL Paypal Holdings | 0.28% | 56.56 | -0.30% | +22.11% | +29.58% | -2.82% | 99 |
| NDAQ Nasdaq Inc | 0.28% | 91.64 | -2.77% | +4.04% | +2.63% | -5.35% | 31 |
| PRU Prudential Financial Inc | 0.27% | 119.07 | +0.69% | +3.21% | +9.08% | +8.39% | 79 |
| HIG The Hartford Insurance Group | 0.26% | 140.26 | +2.64% | +1.07% | +7.05% | +2.71% | 65 |
| XYZ Block Inc | 0.26% | 79.94 | -1.94% | +3.42% | +7.04% | +22.81% | 64 |
| IBKR Interactive Brokers | 0.25% | 90.53 | -1.82% | -3.78% | -2.76% | +41.06% | 8 |
| PRU Prudential Financial Inc | 0.25% | 119.07 | +0.69% | +3.21% | +9.08% | +8.39% | 79 |
| CBOE CBOE Global Markets | 0.25% | 273.41 | -1.61% | +1.99% | +3.08% | +9.43% | 36 |
| ADYEN.AS ADYEN NV | 0.24% | 833.10 | -2.45% | -1.59% | -7.82% | -39.41% | 2 |
| ACGL Arch Capital Grp Ltd | 0.24% | 101.35 | +1.31% | +0.29% | +9.47% | +5.66% | 85 |
| DANSKE.CO DANSKE BANK | 0.23% | 367.60 | -0.65% | +0.03% | +5.88% | +26.63% | 52 |
| SWED-A.ST SWEDBANK | 0.23% | 359.60 | -2.99% | -1.21% | +1.96% | +23.19% | 27 |
| MTB M&T Bank Corp | 0.22% | 249.24 | -1.89% | +2.85% | +9.15% | +25.44% | 81 |
| HBAN Huntington Bancshares | 0.22% | 18.25 | -1.67% | +2.13% | +6.32% | +6.26% | 58 |
| KBC.BR KBC GROEP | 0.22% | 120.40 | -1.31% | +0.17% | +1.13% | +12.35% | 23 |
| NTRS Northern Trust Corp | 0.21% | 184.68 | -2.04% | +0.62% | +5.63% | +36.60% | 50 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 953.40 | +1.00% | +2.14% | +9.44% | +8.50% | 84 |
| III Information Svcs Group | 0.21% | 2576.00 | -2.53% | -4.73% | +14.74% | -21.05% | 95 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 215.30 | +0.00% | +7.17% | +11.44% | +15.87% | 89 |
| FISV Fiserv Inc | 0.20% | 50.63 | -2.11% | +0.36% | +1.61% | -24.62% | 25 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 9.70 | +1.49% | +1.00% | +6.04% | -2.37% | 53 |
| CFG Citizens Financial Group | 0.18% | 72.39 | -2.70% | +2.91% | +7.61% | +25.70% | 68 |
| RJF Raymond James Financial | 0.18% | 168.36 | -0.79% | +0.14% | +6.35% | +5.59% | 60 |
| CINF Cincinnati Financial | 0.18% | 180.79 | +2.55% | +0.84% | +5.82% | +11.35% | 52 |
| ARES Ares Management LP | 0.18% | 125.68 | +0.20% | +3.18% | -6.89% | -21.18% | 4 |
| AV.LSE AVIVA PLC | 0.17% | 672.60 | +2.03% | +1.69% | +6.09% | +2.58% | 54 |
| A5G.IR AIB GROUP PLC | 0.17% | 10.26 | -1.82% | -1.58% | -3.07% | +17.38% | 7 |
| SYF Synchrony Financial | 0.17% | 73.62 | -0.89% | +1.63% | -2.22% | -11.04% | 10 |
| WTW Willis Towers Watson Public | 0.17% | 293.43 | -0.31% | +1.31% | +13.01% | -10.41% | 92 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 684.60 | +1.09% | -0.12% | -2.14% | -26.56% | 11 |
| CPAY Corpay Inc | 0.17% | 365.79 | -1.62% | +3.44% | +1.50% | +21.55% | 24 |
| RF Regions Financial Corp | 0.16% | 31.65 | -2.31% | +2.03% | +9.14% | +19.04% | 81 |
| NN Nextnav Inc | 0.16% | 13.06 | -5.64% | -18.37% | -30.97% | -21.51% | 0 |
| TROW T Rowe Price Group | 0.16% | 117.35 | -1.28% | -1.01% | +7.72% | +16.33% | 70 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 139.05 | -0.57% | -3.03% | -0.96% | +18.52% | 15 |
| FIS Fidelity National Information Services | 0.15% | 41.91 | -1.67% | -0.17% | +6.10% | -36.40% | 55 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 37.35 | -1.87% | -1.79% | -0.61% | +29.78% | 18 |
| ACA Arcosa Inc | 0.15% | 17.79 | -0.75% | +1.69% | +0.94% | +8.36% | 22 |
| PFG Principal Financial Group | 0.14% | 113.95 | +0.73% | +1.53% | +2.50% | +31.38% | 31 |
| HBAN Huntington Bancshares | 0.14% | 18.25 | -1.67% | +2.13% | +6.32% | +6.26% | 58 |
| WRB W.R. Berkley Corp | 0.14% | 71.61 | +2.45% | -0.80% | +5.68% | +3.18% | 51 |
| KEY Keycorp | 0.14% | 23.55 | -1.83% | +1.07% | +3.52% | +16.37% | 42 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 32 |
| L Loews Corp | 0.13% | 114.45 | +0.49% | -0.47% | +5.34% | +8.80% | 48 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 73.30 | -1.95% | +0.74% | +10.42% | +22.59% | 86 |
| GPN Global Payments Inc | 0.12% | 77.82 | -3.32% | +2.34% | +13.62% | +0.87% | 94 |
| BRO Brown & Brown | 0.12% | 69.35 | -0.13% | +2.50% | +16.16% | -12.53% | 96 |
| EG Everest Re Group | 0.10% | 382.57 | +2.51% | +3.24% | +13.27% | +13.44% | 94 |
| BG Bunge Ltd | 0.09% | 119.15 | +2.87% | +4.22% | -0.23% | +35.33% | 19 |
| AIZ Assurant Inc | 0.09% | 276.84 | +0.51% | -0.74% | +6.25% | +15.41% | 57 |
| GL Globe Life Inc | 0.09% | 184.76 | +0.11% | +3.14% | +9.22% | +32.67% | 82 |
| IVZ Invesco Limited | 0.08% | 29.63 | -2.21% | +2.24% | +1.47% | +14.59% | 23 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 69.66 | +0.49% | +2.38% | +6.19% | +18.70% | 56 |
| ADM Archer Daniels Midland | 0.08% | 85.90 | +3.49% | +6.83% | +10.10% | +51.54% | 85 |
| EQT Eqt Corp | 0.08% | 49.56 | +0.32% | +1.45% | -3.52% | -7.02% | 6 |
| JKHY Jack Henry & Assoc | 0.07% | 151.67 | -1.41% | +0.90% | +17.31% | -16.21% | 97 |
| BEN Franklin Resources | 0.06% | 32.63 | -2.10% | -2.60% | -1.66% | +38.58% | 12 |
| MNG.LSE M&G PLC | 0.06% | 353.90 | +0.34% | +1.75% | +8.03% | +29.48% | 73 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 519.20 | -1.07% | -1.03% | +2.33% | +27.38% | 30 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 903.50 | +0.39% | +4.03% | +11.75% | +27.47% | 90 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 38.41 | -2.78% | -9.96% | +4.26% | +138.57% | 45 |
| FDS Factset Research Systems | 0.06% | 258.09 | -1.67% | +4.44% | +8.64% | -10.17% | 76 |
| TRYG.CO TRYG | 0.05% | 155.40 | +0.91% | +2.07% | +3.32% | -4.18% | 39 |
| EXO.AS EXOR NV | 0.05% | 68.80 | -1.08% | +0.36% | +3.23% | -4.34% | 38 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 526.50 | -1.13% | -1.13% | +0.48% | +29.03% | 19 |
| ERIE Erie Indemnity Company | 0.04% | 227.31 | +0.61% | -9.73% | +0.74% | -19.83% | 20 |
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.