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 +3.81pp sector return − SPY
RS vs Nasdaq-100 21d +8.30pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +4.59% · A/D +72 (+0.92/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 | +0.69% | -0.64 | -13pp | -2.09pp | Weakening |
| 1 month | +4.59% | +0.92 | -15pp | -3.02pp | Confirming ↑ |
| 1 quarter | +7.10% | +1.23 | +0pp | -0.17pp | Confirming ↑ |
Over the last 126 sessions: price up +0.02%, breadth down (-0.18/name) · % beating 45→47 · median−ETF -0.53pp→-0.50pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.60% | +0.82% | +0.21pp | 54 / 24 | 44 / 34 | 44 of 78 | ±1.75% |
| 5d | +0.69% | -0.57% | -1.25pp | 34 / 44 | 25 / 53 | 20 of 78 | ±3.39% |
| 21d | +4.59% | +4.04% | -0.55pp | 56 / 21 | 37 / 41 | 11 of 78 | ±7.15% |
| YTD | +2.56% | +3.14% | +0.58pp | 46 / 31 | 41 / 36 | 7 of 77 | ±25.15% |
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)
- ROP+3.44%+0.13pp
- JNJ+1.59%+0.12pp
- LLY+0.86%+0.09pp
- SYK+3.54%+0.05pp
- ABBV+0.95%+0.05pp
- UNH-0.67%-0.03pp
- GILD-1.18%-0.03pp
- WST-7.67%-0.02pp
- TMO-0.71%-0.02pp
- MRNA-5.17%-0.01pp
This month (21d)
- LLY+7.05%+0.75pp
- JNJ+9.29%+0.67pp
- ABBV+10.42%+0.51pp
- ROP+10.78%+0.42pp
- TMO+15.45%+0.35pp
- ISRG-16.01%-0.33pp
- AZN-7.52%-0.29pp
- SDZ.SW-13.16%-0.06pp
- CSL-11.23%-0.05pp
- EW-7.84%-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)
- TECH+21.60%
- TMO+15.45%
- VEEV+15.43%
- GETI-B.ST+15.24%
- BMY+14.17%
- ISRG-16.01%
- SDZ.SW-13.16%
- CSL-11.23%
- MRNA-10.51%
- STMN.SW-10.00%
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% | 1196.03 | +0.86% | +1.43% | +7.05% | +11.48% | 67 |
| JNJ Johnson & Johnson | 7.23% | 263.40 | +1.59% | +4.09% | +9.29% | +27.95% | 78 |
| ABBV Abbvie Inc | 4.91% | 259.36 | +0.95% | +1.91% | +10.42% | +15.37% | 83 |
| UNH Unitedhealth Group | 4.59% | 420.74 | -0.67% | -1.26% | +3.68% | +28.45% | 49 |
| ROP Roper Industries | 3.90% | 367.34 | +3.44% | +1.16% | +10.78% | -17.10% | 86 |
| AZN Astrazeneca Plc | 3.86% | 169.26 | +0.59% | +0.21% | -7.52% | — | 8 |
| MRK Merck & Company | 3.81% | 131.07 | +0.45% | +2.80% | +8.68% | +25.44% | 74 |
| AMGN Amgen Inc | 2.41% | 376.04 | +1.22% | +2.66% | +7.00% | +15.68% | 65 |
| TMO Thermo Fisher Scientific | 2.24% | 568.26 | -0.71% | +6.72% | +15.45% | -1.83% | 97 |
| GILD Gilead Sciences Inc | 2.14% | 129.31 | -1.18% | -3.70% | +3.32% | +5.95% | 45 |
| ISRG Intuitive Surg Inc | 2.07% | 337.50 | +1.65% | -2.29% | -16.01% | -40.41% | 0 |
| ABT Abbott Laboratories | 2.02% | 103.06 | +2.29% | +2.36% | +13.89% | -16.81% | 92 |
| PFE Pfizer Inc | 1.95% | 24.54 | -0.16% | -0.32% | +2.08% | +0.20% | 38 |
| NOVO-B.CO NOVO NORDISK CLASS B | 1.86% | 320.60 | +0.09% | -2.82% | +1.57% | +1.97% | 35 |
| BMY Bristol-Myers Squibb Company | 1.61% | 62.09 | +0.94% | +2.22% | +14.17% | +17.67% | 94 |
| CVS CVS Corp | 1.57% | 107.74 | +0.80% | +0.87% | +5.76% | +38.08% | 62 |
| VRTX Vertex Pharmaceutic | 1.46% | 477.36 | +0.90% | -1.71% | +0.45% | +5.29% | 28 |
| DHR Danaher Corp | 1.44% | 191.50 | -0.52% | -6.05% | +1.60% | -16.17% | 36 |
| SYK Stryker Corp | 1.43% | 330.25 | +3.54% | +3.25% | +5.56% | -5.78% | 60 |
| GSK.LSE Gsk Plc ADR | 1.39% | 1919.50 | +0.73% | +0.16% | -3.23% | +7.01% | 14 |
| MDT Medtronic Inc | 1.33% | 83.21 | +1.46% | +0.01% | +4.78% | -12.67% | 54 |
| SNY Sanofi-Aventis S.A. ADR | 1.28% | 43.35 | -0.02% | -2.93% | +4.89% | -5.58% | 55 |
| MCK Mckesson Corp | 1.24% | 840.90 | +1.99% | -0.06% | +9.70% | +2.71% | 81 |
| ELV Elevance Health Inc | 1.14% | 377.68 | -0.43% | +1.22% | -1.65% | +8.40% | 21 |
| BSX Boston Scientific Corp | 1.12% | 44.25 | +1.54% | +0.50% | -0.47% | -53.59% | 26 |
| CI The Cigna Group | 0.99% | 289.57 | +1.15% | +2.89% | +3.62% | +6.40% | 47 |
| REGN Regeneron Pharmaceuticals | 0.86% | 656.01 | +0.63% | -3.06% | +5.23% | -14.91% | 56 |
| HCA Hca Holdings Inc | 0.81% | 382.19 | +1.51% | +2.97% | -1.44% | -18.01% | 22 |
| EL Estee Lauder Companies | 0.79% | 80.29 | +0.46% | -2.24% | -3.58% | -22.79% | 13 |
| COR Cencora Inc | 0.68% | 309.89 | +1.58% | +0.65% | +8.94% | -7.88% | 77 |
| EW Edwards Lifesciences Corp | 0.64% | 82.63 | -1.42% | -3.62% | -7.84% | -3.07% | 6 |
| CAH Cardinal Health | 0.62% | 228.03 | +0.91% | -0.21% | -1.92% | +11.51% | 19 |
| LONN.SW LONZA GROUP AG | 0.58% | 548.00 | +1.07% | -3.49% | +2.01% | +2.97% | 37 |
| IDXX Idexx Laboratories | 0.58% | 544.32 | +0.92% | -4.07% | -0.88% | -19.54% | 23 |
| BDX Becton Dickinson and Company | 0.55% | 156.36 | +2.22% | -1.14% | +5.81% | +3.14% | 63 |
| HLN Haleon Plc | 0.54% | 363.50 | +0.53% | -2.63% | +4.39% | -1.71% | 50 |
| GALD.SW GALDERMA GROUP N AG | 0.49% | 173.65 | +2.57% | +0.67% | -2.72% | +7.36% | 17 |
| HUM Humana Inc | 0.48% | 389.32 | -1.31% | -2.67% | +7.91% | +52.77% | 69 |
| SDZ.SW SANDOZ GROUP AG | 0.48% | 63.62 | -1.39% | -3.22% | -13.16% | +11.33% | 1 |
| CSL Carlisle Companies Inc | 0.46% | 336.04 | +1.35% | -2.71% | -11.23% | +5.69% | 3 |
| ZTS Zoetis Inc Cl A | 0.45% | 75.35 | +1.05% | -0.89% | -3.61% | -39.60% | 10 |
| ALC Alcon Inc | 0.45% | 55.74 | +1.90% | -1.69% | +0.00% | -11.49% | 27 |
| WAT Waters Corp | 0.44% | 374.68 | -2.02% | +1.54% | +1.49% | -1.36% | 33 |
| A Agilent Technologies | 0.43% | 138.57 | -0.84% | +5.41% | +5.47% | +2.25% | 58 |
| RMD Resmed Inc | 0.40% | 195.27 | +1.76% | -1.87% | -0.63% | -18.50% | 24 |
| GEHC GE Healthcare Technologies | 0.39% | 60.58 | -2.22% | -3.89% | -6.63% | -26.07% | 9 |
| IQV Iqvia Holdings Inc | 0.38% | 208.05 | +0.35% | +0.87% | +12.08% | -7.70% | 88 |
| DXCM Dexcom Inc | 0.37% | 71.54 | +1.50% | -6.67% | +2.57% | +7.79% | 41 |
| BIIB Biogen Inc | 0.37% | 202.19 | +0.78% | -1.84% | +1.30% | +14.89% | 32 |
| CNC Centene Corp | 0.36% | 63.41 | -0.52% | -4.56% | +0.70% | +54.09% | 29 |
| VEEV Veeva Systems Inc | 0.32% | 186.24 | +3.71% | -4.68% | +15.43% | -16.57% | 96 |
| WST West Pharmaceutical Services | 0.30% | 328.20 | -7.67% | -8.39% | -3.59% | +19.48% | 12 |
| MTD Mettler-Toledo International | 0.29% | 1327.18 | -0.35% | +1.31% | +10.31% | -4.81% | 82 |
| STE Steris Corp | 0.28% | 214.07 | +1.63% | -1.73% | +3.33% | -15.35% | 46 |
| DGX Quest Diagnostics Inc | 0.28% | 227.86 | -0.02% | +8.15% | +12.19% | +32.48% | 91 |
| LH Laboratory Corp of America | 0.28% | 296.77 | +1.98% | +4.73% | +11.91% | +18.91% | 87 |
| PHIA.AS KONINKLIJKE PHILIPS NV | 0.28% | 23.16 | +0.74% | -2.11% | -3.22% | -0.34% | 15 |
| VTRS Viatris Inc | 0.25% | 17.24 | -0.23% | -0.29% | +8.22% | +40.68% | 71 |
| MRK Merck & Company | 0.25% | 131.07 | +0.45% | +2.80% | +8.68% | +25.44% | 74 |
| ZBH Zimmer Biomet Holdings | 0.22% | 91.35 | +1.90% | +0.25% | +1.14% | +1.87% | 31 |
| MRNA Moderna Inc | 0.22% | 54.07 | -5.17% | -12.54% | -10.51% | +83.35% | 4 |
| INCY Incyte Corp | 0.22% | 117.67 | +0.84% | +0.36% | +8.49% | +19.14% | 73 |
| SOON.SW SONOVA HOLDING AG | 0.17% | 211.40 | +1.25% | +2.92% | +8.30% | +2.08% | 72 |
| STMN.SW STRAUMANN HOLDING AG | 0.17% | 96.12 | -0.50% | -3.07% | -10.00% | +3.99% | 5 |
| COO Cooper Companies | 0.16% | 70.31 | +0.11% | -1.95% | +2.15% | -14.21% | 40 |
| RO.SW ROCHE HOLDING AG | 0.16% | 360.00 | +1.29% | +6.01% | +4.77% | +10.58% | 53 |
| SOLV Solventum Corporation | 0.15% | 78.01 | +1.00% | -4.06% | +3.20% | -1.55% | 44 |
| PODD Insulet Corp | 0.15% | 163.26 | +3.08% | -0.49% | +9.66% | -42.56% | 79 |
| RVTY Revvity Inc | 0.14% | 110.47 | -2.39% | +0.29% | +4.58% | +14.34% | 51 |
| ALGN Align Technology | 0.14% | 167.02 | -0.73% | -5.51% | -2.27% | +6.96% | 18 |
| BAX Baxter International | 0.13% | 22.40 | +3.37% | -0.93% | +6.46% | +17.33% | 64 |
| UHS Universal Health Services | 0.12% | 155.75 | +2.96% | +3.04% | +7.11% | -28.49% | 68 |
| CRL Charles River Laboratories | 0.10% | 226.58 | -1.18% | +0.99% | +12.11% | +13.59% | 90 |
| COLO-B.CO COLOPLAST B | 0.10% | 403.60 | +1.20% | -4.54% | +5.54% | -25.21% | 59 |
| TECH Bio-Techne Corp | 0.10% | 71.60 | -0.24% | -0.72% | +21.60% | +22.14% | 99 |
| HSIC Henry Schein Inc | 0.10% | 85.47 | +1.11% | -2.68% | +3.20% | +13.09% | 42 |
| DVA Davita Healthcare Partners | 0.09% | 235.44 | +0.50% | -0.65% | +10.51% | +107.24% | 85 |
| GETI-B.ST GETINGE B | 0.06% | 230.30 | +0.52% | -0.95% | +15.24% | +7.84% | 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.