Constituent dispersion · breadth vs the index
IXJ — Global Healthcare
Concentration 34.87% in top 5 25.38 effective names · HHI 394
RS vs S&P 500 21d +5.48pp sector return − SPY
RS vs Nasdaq-100 21d +9.43pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +4.8% · A/D +164 (+2.1/name)
IXJ 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 | +0.00% | +0.32 | +9pp | +1.77pp | Improving |
| 1 month | +4.80% | +2.1 | -11pp | -0.50pp | Confirming ↑ |
| 1 quarter | +5.30% | +1.49 | +7pp | +1.58pp | Confirming ↑ |
Over the last 126 sessions: price up +0.02%, breadth up (+0.12/name) · % beating 58→60 · median−ETF +0.96pp→+1.79pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.46% | -0.54% | -0.08pp | 23 / 55 | 37 / 41 | 38 of 78 | ±2.5% |
| 5d | +0.00% | +0.94% | +0.94pp | 45 / 33 | 45 / 33 | 14 of 78 | ±4.09% |
| 21d | +4.80% | +6.59% | +1.79pp | 60 / 18 | 46 / 32 | 9 of 78 | ±7.66% |
| YTD | +1.86% | +4.33% | +2.47pp | 48 / 29 | 44 / 33 | 6 of 77 | ±26.43% |
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)
- LLY+0.85%+0.09pp
- JNJ+1.23%+0.09pp
- ABT+1.87%+0.04pp
- UNH+0.64%+0.03pp
- HUM+3.50%+0.02pp
- ISRG-14.15%-0.29pp
- SYK-3.42%-0.05pp
- TMO-1.97%-0.04pp
- AMGN-1.42%-0.03pp
- NOVO-B.CO-1.76%-0.03pp
This month (21d)
- ABBV+14.39%+0.71pp
- JNJ+7.59%+0.55pp
- LLY+5.04%+0.54pp
- MRK+10.71%+0.41pp
- NOVO-B.CO+17.78%+0.33pp
- ISRG-17.18%-0.36pp
- AZN-5.49%-0.21pp
- PFE-3.80%-0.07pp
- ELV-6.21%-0.07pp
- BSX-6.16%-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)
- TECH+28.72%
- CRL+21.41%
- GETI-B.ST+20.19%
- VEEV+19.59%
- NOVO-B.CO+17.78%
- ISRG-17.18%
- STMN.SW-6.50%
- HCA-6.49%
- EL-6.22%
- ELV-6.21%
IXJ — constituent leadership race
$100 in each covered IXJ 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 — 78 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| LLY Eli Lilly and Company | 10.68% | 1179.11 | +0.85% | -0.80% | +5.04% | +9.90% | 41 |
| JNJ Johnson & Johnson | 7.23% | 253.04 | +1.23% | -1.53% | +7.59% | +22.92% | 56 |
| ABBV Abbvie Inc | 4.91% | 254.49 | +0.04% | +3.31% | +14.39% | +13.21% | 88 |
| UNH Unitedhealth Group | 4.59% | 426.09 | +0.64% | +0.35% | +4.52% | +30.08% | 36 |
| ROP Roper Industries | 3.90% | 363.14 | -0.29% | +2.03% | +7.65% | -18.05% | 58 |
| AZN Astrazeneca Plc | 3.86% | 168.90 | -0.23% | -1.58% | -5.49% | — | 8 |
| MRK Merck & Company | 3.81% | 127.50 | -0.10% | +3.21% | +10.71% | +22.03% | 74 |
| AMGN Amgen Inc | 2.41% | 366.29 | -1.42% | +0.80% | +5.30% | +12.68% | 42 |
| TMO Thermo Fisher Scientific | 2.24% | 532.48 | -1.97% | +1.03% | +12.66% | -8.02% | 85 |
| GILD Gilead Sciences Inc | 2.14% | 134.28 | -1.48% | +3.43% | +5.54% | +10.02% | 46 |
| ISRG Intuitive Surg Inc | 2.07% | 345.42 | -14.15% | -15.08% | -17.18% | -39.01% | 0 |
| ABT Abbott Laboratories | 2.02% | 100.68 | +1.87% | +7.95% | +11.10% | -18.73% | 78 |
| PFE Pfizer Inc | 1.95% | 25.05 | -0.36% | +3.64% | -3.80% | +2.29% | 9 |
| NOVO-B.CO NOVO NORDISK CLASS B | 1.86% | 329.90 | -1.76% | +2.37% | +17.78% | +4.93% | 94 |
| BMY Bristol-Myers Squibb Company | 1.61% | 60.74 | +0.38% | +5.49% | +8.62% | +15.11% | 64 |
| CVS CVS Corp | 1.57% | 107.47 | +0.91% | +3.19% | +6.70% | +37.73% | 50 |
| VRTX Vertex Pharmaceutic | 1.46% | 485.65 | -0.08% | +0.05% | +7.17% | +7.12% | 55 |
| DHR Danaher Corp | 1.44% | 203.83 | -0.58% | +2.40% | +12.40% | -10.77% | 83 |
| SYK Stryker Corp | 1.43% | 319.87 | -3.42% | -3.01% | +2.99% | -8.74% | 33 |
| GSK.LSE Gsk Plc ADR | 1.39% | 1916.50 | -2.02% | -2.29% | -0.34% | +6.85% | 19 |
| MDT Medtronic Inc | 1.33% | 83.20 | -0.43% | -0.80% | +3.24% | -12.68% | 35 |
| SNY Sanofi-Aventis S.A. ADR | 1.28% | 44.66 | +1.02% | +2.67% | +1.38% | -2.73% | 26 |
| MCK Mckesson Corp | 1.24% | 841.39 | +0.01% | +4.40% | +7.12% | +2.77% | 53 |
| ELV Elevance Health Inc | 1.14% | 373.11 | +0.07% | -10.36% | -6.21% | +7.09% | 5 |
| BSX Boston Scientific Corp | 1.12% | 44.03 | -1.32% | -1.65% | -6.16% | -53.82% | 6 |
| CI The Cigna Group | 0.99% | 281.45 | -0.84% | -4.09% | -3.57% | +3.42% | 10 |
| REGN Regeneron Pharmaceuticals | 0.86% | 676.69 | -0.33% | +1.83% | +10.08% | -12.23% | 72 |
| HCA Hca Holdings Inc | 0.81% | 371.18 | -3.77% | -8.71% | -6.49% | -20.38% | 3 |
| EL Estee Lauder Companies | 0.79% | 82.13 | -0.86% | -0.64% | -6.22% | -21.02% | 4 |
| COR Cencora Inc | 0.68% | 307.90 | -0.03% | +1.47% | +9.39% | -8.47% | 71 |
| EW Edwards Lifesciences Corp | 0.64% | 85.73 | -2.40% | -7.03% | -3.22% | +0.56% | 13 |
| CAH Cardinal Health | 0.62% | 228.52 | -0.09% | -3.09% | +0.35% | +11.75% | 23 |
| LONN.SW LONZA GROUP AG | 0.58% | 567.80 | -1.29% | -3.11% | +15.50% | +6.69% | 91 |
| IDXX Idexx Laboratories | 0.58% | 567.44 | -1.50% | +0.69% | -0.97% | -16.12% | 18 |
| BDX Becton Dickinson and Company | 0.55% | 158.17 | -1.10% | +4.10% | +8.96% | +4.33% | 68 |
| HLN Haleon Plc | 0.54% | 373.30 | +0.86% | +3.18% | +11.83% | +0.94% | 81 |
| GALD.SW GALDERMA GROUP N AG | 0.49% | 172.50 | +1.53% | -0.20% | -0.06% | +6.65% | 22 |
| HUM Humana Inc | 0.48% | 400.00 | +3.50% | +1.98% | +8.51% | +56.96% | 63 |
| SDZ.SW SANDOZ GROUP AG | 0.48% | 65.74 | +3.14% | -3.01% | -2.87% | +15.04% | 15 |
| CSL Carlisle Companies Inc | 0.46% | 345.39 | -2.09% | +4.64% | -3.19% | +8.63% | 14 |
| ZTS Zoetis Inc Cl A | 0.45% | 76.56 | -0.46% | +1.32% | -3.49% | -38.63% | 12 |
| ALC Alcon Inc | 0.45% | 56.70 | -0.42% | +4.15% | +9.25% | -9.96% | 69 |
| WAT Waters Corp | 0.44% | 368.98 | -2.44% | -1.98% | +2.34% | -2.86% | 28 |
| A Agilent Technologies | 0.43% | 131.46 | -3.41% | -2.11% | +2.43% | -2.99% | 29 |
| RMD Resmed Inc | 0.40% | 198.99 | -1.86% | -2.39% | +2.60% | -16.95% | 31 |
| GEHC GE Healthcare Technologies | 0.39% | 63.07 | -4.00% | -2.52% | -0.25% | -23.04% | 21 |
| IQV Iqvia Holdings Inc | 0.38% | 206.26 | -2.01% | -0.76% | +15.12% | -8.50% | 90 |
| DXCM Dexcom Inc | 0.37% | 76.65 | -1.71% | +2.25% | +4.77% | +15.49% | 38 |
| BIIB Biogen Inc | 0.37% | 205.99 | -1.40% | +3.43% | +5.31% | +17.05% | 44 |
| CNC Centene Corp | 0.36% | 66.44 | +3.99% | -1.35% | +8.23% | +61.46% | 62 |
| VEEV Veeva Systems Inc | 0.32% | 195.38 | -1.01% | +2.77% | +19.59% | -12.48% | 95 |
| WST West Pharmaceutical Services | 0.30% | 358.24 | -1.16% | +1.28% | +8.70% | +30.42% | 65 |
| MTD Mettler-Toledo International | 0.29% | 1310.02 | -1.88% | +1.07% | +13.76% | -6.04% | 87 |
| STE Steris Corp | 0.28% | 217.84 | -1.49% | +0.85% | +5.49% | -13.86% | 45 |
| DGX Quest Diagnostics Inc | 0.28% | 210.68 | +0.61% | +1.56% | +4.80% | +22.49% | 40 |
| LH Laboratory Corp of America | 0.28% | 283.36 | +0.50% | +2.37% | +7.03% | +13.54% | 51 |
| PHIA.AS KONINKLIJKE PHILIPS NV | 0.28% | 23.66 | -0.80% | -1.66% | +0.68% | +1.81% | 24 |
| VTRS Viatris Inc | 0.25% | 17.29 | -0.23% | +6.27% | +7.79% | +41.09% | 59 |
| MRK Merck & Company | 0.25% | 127.50 | -0.10% | +3.21% | +10.71% | +22.03% | 74 |
| ZBH Zimmer Biomet Holdings | 0.22% | 91.12 | -2.81% | -0.24% | +2.27% | +1.61% | 27 |
| MRNA Moderna Inc | 0.22% | 61.82 | -2.11% | -9.45% | +11.59% | +109.63% | 79 |
| INCY Incyte Corp | 0.22% | 117.25 | +0.51% | +0.46% | +17.54% | +18.71% | 92 |
| SOON.SW SONOVA HOLDING AG | 0.17% | 205.40 | -0.87% | +1.18% | +7.15% | -0.82% | 54 |
| STMN.SW STRAUMANN HOLDING AG | 0.17% | 99.16 | -0.99% | -5.74% | -6.50% | +7.28% | 1 |
| COO Cooper Companies | 0.16% | 71.71 | -1.90% | +1.43% | +6.47% | -12.51% | 49 |
| RO.SW ROCHE HOLDING AG | 0.16% | 339.60 | +0.83% | -0.41% | +4.75% | +4.31% | 37 |
| SOLV Solventum Corporation | 0.15% | 81.31 | -0.48% | +6.01% | +6.20% | +2.61% | 47 |
| PODD Insulet Corp | 0.15% | 164.06 | -0.23% | +1.72% | +11.08% | -42.28% | 77 |
| RVTY Revvity Inc | 0.14% | 110.15 | -1.33% | -1.84% | +8.82% | +14.01% | 67 |
| ALGN Align Technology | 0.14% | 176.76 | -0.92% | -1.50% | -1.54% | +13.20% | 17 |
| BAX Baxter International | 0.13% | 22.61 | -3.17% | -0.04% | +10.51% | +18.43% | 73 |
| UHS Universal Health Services | 0.12% | 151.16 | -1.55% | -2.83% | +2.90% | -30.60% | 32 |
| CRL Charles River Laboratories | 0.10% | 224.35 | -2.10% | -3.88% | +21.41% | +12.47% | 97 |
| COLO-B.CO COLOPLAST B | 0.10% | 422.80 | +2.13% | +5.44% | +12.06% | -21.65% | 82 |
| TECH Bio-Techne Corp | 0.10% | 72.12 | +0.49% | +1.15% | +28.72% | +23.02% | 99 |
| HSIC Henry Schein Inc | 0.10% | 87.82 | -0.50% | +4.05% | +8.14% | +16.19% | 60 |
| DVA Davita Healthcare Partners | 0.09% | 236.97 | +1.26% | +1.79% | +13.39% | +108.58% | 86 |
| GETI-B.ST GETINGE B | 0.06% | 232.50 | +10.14% | +11.94% | +20.19% | +8.87% | 96 |
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.