Constituent dispersion · breadth vs the index
IXN — iShares Global Tech
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 | +3.70% | +0.72 | -6pp | -1.21pp | Confirming ↑ |
| 1 month | +7.37% | +0.23 | -20pp | -3.85pp | Confirming ↑ |
| 1 quarter | +7.82% | +1.45 | -15pp | -1.06pp | Confirming ↑ |
Over the last 126 sessions: price up +52.87%, breadth up (+6.95/name) · % beating 67→24 · median−ETF +2.96pp→-5.49pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.15% | +0.70% | -0.45pp | 57 / 30 | 37 / 50 | 38 of 87 | ±2.18% |
| 5d | +3.70% | +1.70% | -2.01pp | 57 / 30 | 33 / 54 | 11 of 87 | ±6.56% |
| 21d | +7.37% | +1.67% | -5.69pp | 49 / 38 | 21 / 66 | 6 of 87 | ±11.84% |
| YTD | +41.87% | +20.83% | -21.04pp | 55 / 32 | 36 / 51 | 2 of 87 | ±99.47% |
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)
- MSFT+3.66%+0.28pp
- AAPL+1.53%+0.17pp
- LRCX+2.62%+0.04pp
- QCOM+3.97%+0.04pp
- AVGO+0.70%+0.03pp
- INTC-3.45%-0.08pp
- PANW-3.89%-0.03pp
- ORCL-1.75%-0.02pp
- PLTR-1.52%-0.02pp
- CRWD-2.90%-0.02pp
This month (21d)
- AMD+31.13%+0.99pp
- AAPL+8.81%+0.97pp
- NVDA+7.35%+0.96pp
- INTC+39.39%+0.95pp
- MU+15.33%+0.57pp
- ORCL-7.91%-0.11pp
- CSCO-5.04%-0.1pp
- INTU-20.26%-0.07pp
- ADBE-13.90%-0.06pp
- CIEN-11.66%-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)
- INTC+39.39%
- SWKS+34.10%
- CRWD+33.28%
- AMD+31.13%
- QCOM+24.03%
- GEN-27.06%
- FICO-23.87%
- INTU-20.26%
- ADSK-17.81%
- ADBE-13.90%
IXN — constituent leadership race
$100 in each covered IXN constituent at 2025-12-30, rebased to 100. Watch leadership change hands.
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 — 87 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| NVDA Nvidia Corp | 13.10% | 225.07 | +0.22% | +1.26% | +7.35% | +20.83% | 75 |
| AAPL Apple Inc | 11.00% | 341.07 | +1.53% | +1.47% | +8.81% | +25.58% | 78 |
| MSFT Microsoft Corp | 7.64% | 516.17 | +3.66% | +4.53% | +3.99% | +6.97% | 61 |
| AVGO Broadcom Ltd | 4.83% | 352.81 | +0.70% | -1.16% | -0.78% | +2.15% | 39 |
| MU Micron Technology | 3.72% | 1082.28 | +0.16% | +6.54% | +15.33% | +279.36% | 87 |
| AMD Adv Micro Devices | 3.18% | 630.63 | +0.22% | +12.65% | +31.13% | +194.47% | 95 |
| ASML ASML Holdings NY Reg ADR | 2.62% | 1743.94 | +1.24% | +3.81% | -0.10% | +63.58% | 43 |
| INTC Intel Corp | 2.41% | 123.00 | -3.45% | +13.26% | +39.39% | +233.33% | 99 |
| CSCO Cisco Systems Inc | 2.03% | 106.70 | -0.25% | -2.57% | -5.04% | +40.01% | 22 |
| LRCX Lam Research Corp | 1.64% | 315.21 | +2.62% | +9.52% | +0.74% | +84.49% | 46 |
| AMAT Applied Materials | 1.47% | 485.00 | +2.27% | +9.09% | +1.09% | +88.96% | 48 |
| ORCL Oracle Corp | 1.40% | 137.10 | -1.75% | -7.12% | -7.91% | -29.23% | 13 |
| PLTR Palantir Technologies Cl A | 1.36% | 189.67 | -1.52% | +6.77% | +6.86% | +6.71% | 74 |
| TXN Texas Instruments | 1.17% | 278.07 | +2.74% | +4.29% | +6.23% | +61.33% | 69 |
| KLAC K L A-Tencor Corp | 1.05% | 187.92 | +0.43% | +6.18% | +2.22% | +55.23% | 53 |
| IBM Intl Business Machines | 1.02% | 225.51 | -0.68% | -1.76% | -1.90% | -23.43% | 34 |
| SNDK Sandisk Corp | 0.99% | 1777.80 | +1.38% | -0.78% | +18.57% | +648.93% | 91 |
| QCOM Qualcomm Inc | 0.99% | 201.97 | +3.97% | +13.65% | +24.03% | +18.83% | 94 |
| PANW Palo Alto Networks | 0.88% | 374.74 | -3.89% | +3.07% | +10.44% | +103.44% | 82 |
| ADI Analog Devices | 0.81% | 393.60 | +2.87% | +4.76% | +6.19% | +45.59% | 68 |
| SAP SAP Ag ADR | 0.77% | 210.68 | +0.75% | +0.59% | -0.47% | -13.27% | 41 |
| STX Seagate Technology Holdings | 0.77% | 916.83 | +1.20% | +6.84% | +8.32% | +233.50% | 77 |
| CRM Salesforce Inc | 0.72% | 234.02 | -1.76% | -1.64% | +13.81% | -11.44% | 85 |
| WDC Western Digital Corp | 0.71% | 456.81 | +1.44% | +3.50% | -2.57% | +165.30% | 31 |
| CRWD Crowdstrike Holdings | 0.71% | 252.13 | -2.90% | +6.09% | +33.28% | +115.15% | 97 |
| APH Amphenol Corp | 0.67% | 84.09 | +1.22% | +8.60% | +4.24% | +24.88% | 62 |
| ANET Arista Networks Inc | 0.66% | 206.55 | +0.41% | +3.59% | +2.13% | +57.64% | 52 |
| GLW Corning Inc | 0.65% | 156.74 | +1.68% | +4.40% | +2.79% | +79.34% | 55 |
| APP Applovin Corp Cl A | 0.57% | 310.75 | -0.55% | +0.87% | +0.86% | -53.88% | 47 |
| SHOP Shopify Inc | 0.56% | 142.25 | -2.00% | +10.70% | -5.35% | -11.63% | 21 |
| ACN Accenture Plc | 0.47% | 176.11 | -0.73% | -2.86% | -2.91% | -33.42% | 29 |
| NOW Servicenow Inc | 0.45% | 135.62 | -1.57% | +0.11% | +7.81% | -11.47% | 76 |
| IFX INFINEON TECHNOLOGIES AG | 0.45% | 56.71 | +0.80% | +1.52% | -0.80% | +51.46% | 38 |
| ADBE Adobe Systems Inc | 0.43% | 235.47 | -1.45% | -5.40% | -13.90% | -32.72% | 5 |
| CDNS Cadence Design Sys | 0.42% | 326.13 | +1.28% | +15.28% | -2.55% | +4.33% | 32 |
| SNPS Synopsys Inc | 0.42% | 425.76 | +0.20% | +10.60% | +3.84% | -9.36% | 60 |
| INTU Intuit Inc | 0.37% | 275.79 | -0.48% | -9.04% | -20.26% | -58.16% | 2 |
| CIEN Ciena Corp | 0.36% | 356.91 | -0.42% | +2.33% | -11.66% | +52.61% | 9 |
| FTNT Fortinet Inc | 0.36% | 173.46 | -2.92% | +2.13% | +10.11% | +118.44% | 80 |
| MPWR Monolithic Power Sys | 0.33% | 1367.43 | +2.39% | +12.29% | +4.87% | +51.17% | 63 |
| NOKIA NOKIA | 0.33% | 103.20 | +0.73% | -2.41% | +3.39% | +72.92% | 57 |
| NXPI Nxp Semiconductors | 0.33% | 238.08 | +3.44% | +4.43% | +6.69% | +10.25% | 72 |
| DELL Dell Technologies Inc | 0.33% | 563.53 | +5.13% | -0.80% | +21.50% | +351.02% | 93 |
| DDOG Datadog Inc Cl A | 0.31% | 268.13 | +4.36% | +16.62% | +17.77% | +97.17% | 90 |
| COHR Coherent Corp | 0.31% | 295.83 | +1.80% | -6.78% | +0.50% | +60.28% | 45 |
| LITE Lumentum Holdings | 0.30% | 941.65 | +1.36% | +1.15% | +0.28% | +155.47% | 44 |
| MSI Motorola Solutions | 0.29% | 456.88 | +0.43% | -0.39% | -6.24% | +19.51% | 18 |
| TEL Te Connectivity Ltd | 0.26% | 218.59 | +2.30% | +6.41% | +6.61% | -3.25% | 71 |
| KEYS Keysight Technologies | 0.25% | 362.15 | +1.29% | +8.10% | +12.51% | +78.23% | 84 |
| TER Teradyne Inc | 0.24% | 398.38 | +2.75% | +7.24% | +9.76% | +105.90% | 79 |
| ADSK Autodesk Inc | 0.22% | 209.40 | -0.92% | -3.48% | -17.81% | -29.26% | 3 |
| MCHP Microchip Technology | 0.21% | 78.69 | +5.36% | +7.40% | +6.27% | +24.22% | 70 |
| HPE Hewlett Packard Enterprise | 0.20% | 62.94 | -0.91% | +3.59% | +13.96% | +163.72% | 86 |
| ON On Semiconductor | 0.19% | 77.20 | +5.54% | +10.32% | +5.44% | +42.57% | 64 |
| CLS Celestica Inc | 0.18% | 365.44 | -2.17% | +9.86% | +18.91% | +23.62% | 92 |
| JBL Jabil Circuit | 0.16% | 316.74 | +1.95% | +5.73% | +1.88% | +38.98% | 51 |
| ROP Roper Industries | 0.15% | 358.56 | -1.50% | -3.80% | -13.24% | -19.08% | 7 |
| Q Qnity Electronics Inc | 0.14% | 124.69 | +1.95% | +3.87% | -1.13% | +52.89% | 36 |
| FICO Fair Isaac and Company | 0.13% | 863.09 | +0.77% | -9.12% | -23.87% | -48.95% | 1 |
| TDY Teledyne Technologies | 0.12% | 614.15 | +0.35% | +1.77% | -3.06% | +20.25% | 28 |
| FSLR First Solar Inc | 0.12% | 177.71 | +3.22% | -9.31% | -13.70% | -31.97% | 6 |
| WDAY Workday Inc | 0.11% | 189.45 | -0.81% | -2.28% | -0.68% | -11.79% | 40 |
| VRSN Verisign Inc | 0.11% | 287.25 | -1.59% | -5.24% | -1.96% | +18.99% | 33 |
| CTSH Cognizant Tech Sol | 0.11% | 57.33 | +0.28% | -4.24% | -7.67% | -30.58% | 15 |
| NTAP Netapp Inc | 0.11% | 201.15 | +1.98% | +1.70% | +3.76% | +89.71% | 59 |
| HLMA HALMA PLC | 0.10% | 3484.00 | -0.57% | -0.17% | -3.65% | -1.53% | 25 |
| FFIV F5 Inc | 0.09% | 443.06 | -0.78% | +2.55% | +10.88% | +73.57% | 83 |
| AKAM Akamai Technologies | 0.09% | 113.94 | +3.20% | +9.01% | +5.44% | +30.59% | 66 |
| HPQ HP Inc | 0.09% | 31.30 | +0.51% | -9.01% | +2.56% | +42.76% | 54 |
| CAP Capitol Investment Corp V Cl A | 0.08% | 104.50 | +0.72% | +0.14% | -4.57% | -26.54% | 23 |
| PTC Ptc Inc | 0.08% | 138.12 | +0.52% | +1.64% | -8.90% | -20.72% | 10 |
| SMCI Super Micro Computer | 0.07% | 43.26 | +4.22% | +10.67% | +15.70% | +47.80% | 89 |
| DSY Big Tree Cloud Holdings Limited | 0.07% | 21.07 | -0.47% | +2.48% | -8.67% | -11.62% | 11 |
| LOGN Logansport Financial Corp | 0.06% | 84.00 | +1.67% | +2.82% | +6.06% | +3.02% | 67 |
| CDW CDW Corp | 0.06% | 135.43 | -2.89% | -7.36% | -4.26% | +0.53% | 24 |
| GEN Gen Digital Inc | 0.06% | 21.62 | -6.29% | -25.47% | -27.06% | -19.63% | 0 |
| TRMB Trimble Navigation | 0.06% | 57.85 | +0.28% | +0.50% | -3.07% | -26.16% | 26 |
| TYL Tyler Technologies | 0.06% | 325.57 | -0.39% | -3.53% | -7.68% | -28.28% | 14 |
| GDDY Godaddy Inc | 0.05% | 97.14 | -3.64% | -0.33% | +1.67% | -21.71% | 49 |
| ZBRA Zebra Technologies | 0.05% | 370.04 | +1.35% | +6.75% | +2.83% | +52.39% | 56 |
| SGE Strong Global Entertainment Cl A | 0.05% | 1002.50 | +1.26% | -0.59% | -5.69% | -5.29% | 20 |
| IT Gartner Inc | 0.05% | 187.90 | +4.78% | +1.14% | -2.62% | -25.52% | 30 |
| SWKS Skyworks Solutions | 0.05% | 89.34 | +1.74% | +0.65% | +34.10% | +43.81% | 98 |
| NXT Nextpower Inc | 0.03% | 80.85 | +1.10% | +0.47% | -7.31% | -7.19% | 16 |
| OTEX Open Text Corp | 0.03% | 22.51 | -0.66% | -0.31% | -6.43% | -29.34% | 17 |
| EPAM Epam Systems Inc | 0.02% | 108.23 | +1.16% | -5.06% | -1.03% | -47.17% | 37 |
| TEMN TEMENOS AG | 0.02% | 67.15 | +0.07% | -0.37% | -12.05% | -15.64% | 8 |
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.
FAQ · from the current data
IXN dispersion — data Q&A
Is IXN's move broad or carried by a few names (21 sessions)?
As of 2026-09-25: over 21 sessions the fund returned +7.37% while its median constituent returned +1.67% — a dispersion of 11.84 pp; 24% of 87 members beat the fund. Broad advance - breadth is rising with price.
How did IXN's members trade in the last session?
As of 2026-09-25: fund +1.15%, median member +0.70%, 57 advancers vs 30 decliners.
What does the dispersion page for IXN measure?
It splits the fund into its members: the fund's own return against the median constituent, how many members beat the fund, advancers vs decliners, and a cumulative advance/decline line that tends to lead price. A firm fund price with a weak median and a falling A/D line is a narrow, top-heavy tape; a broad move shows the median keeping up. 87 constituents covered, re-baked nightly from the Closelooknet lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.