Constituent dispersion · breadth vs the index
IXN — iShares Global Tech
Concentration 49.47% in top 5 15.13 effective names · HHI 661
RS vs S&P 500 21d +6.29pp sector return − SPY
RS vs Nasdaq-100 21d +3.82pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +7.18% · A/D +49 (+0.61/name)
IXN price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +3.80% | +1.82% | -1.98pp | 64 / 16 | 22 / 58 | 15 of 80 | ±3.31% |
| 5d | +4.65% | +0.11% | -4.54pp | 41 / 39 | 25 / 55 | 5 of 80 | ±9.62% |
| 21d | +7.18% | +4.56% | -2.62pp | 52 / 27 | 36 / 43 | 3 of 79 | ±16.71% |
| YTD | +37.97% | +17.58% | -20.39pp | 48 / 31 | 34 / 45 | 0 of 79 | ±116.24% |
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)
- NVDA+3.54%+0.46pp
- MU+10.84%+0.4pp
- AMD+6.98%+0.22pp
- AAPL+1.82%+0.2pp
- MSFT+2.31%+0.18pp
- CSCO-0.77%-0.02pp
- ACN-2.89%-0.01pp
- IBM-1.30%-0.01pp
- CRM-0.81%-0.01pp
- CTSH-2.59%0pp
This month (21d)
- MU+40.20%+1.5pp
- AMD+21.69%+0.69pp
- SNDK+52.44%+0.52pp
- ASML+19.45%+0.51pp
- LRCX+30.01%+0.49pp
- NVDA-9.88%-1.29pp
- AVGO-10.43%-0.5pp
- MSFT-2.15%-0.16pp
- INTU-25.51%-0.09pp
- CIEN-21.66%-0.08pp
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)
- DELL+65.02%
- SNDK+52.44%
- HPE+43.63%
- MU+40.20%
- NTAP+34.93%
- INTU-25.51%
- CIEN-21.66%
- PTC-17.88%
- ADSK-15.08%
- AKAM-13.79%
Other ETFs & indices
Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.