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 | -8.32% | -1.67 | +17pp | +3.80pp | Confirming ↓ |
| 1 month | -3.61% | -0.29 | +25pp | +6.42pp | Confirming ↓ |
| 1 quarter | +3.32% | +0.29 | +14pp | +3.05pp | Confirming ↑ |
Over the last 126 sessions: price up +17.94%, breadth up (+1.36/name) · % beating 43→65 · median−ETF -2.52pp→+3.14pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -2.88% | -2.63% | +0.26pp | 9 / 78 | 47 / 40 | 24 of 87 | ±2.58% |
| 5d | -8.32% | -4.69% | +3.63pp | 29 / 58 | 49 / 38 | 8 of 87 | ±10.01% |
| 21d | -3.61% | -0.89% | +2.73pp | 42 / 45 | 56 / 31 | 7 of 87 | ±11.37% |
| YTD | +30.83% | +14.96% | -15.87pp | 57 / 30 | 34 / 53 | 0 of 87 | ±72.08% |
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)
- AAPL+0.43%+0.05pp
- ACN+2.12%+0.01pp
- MSI+1.48%+0pp
- HLMA+0.88%+0pp
- CTSH+0.40%+0pp
- AVGO-4.52%-0.22pp
- MU-5.63%-0.21pp
- AMD-5.95%-0.19pp
- NVDA-1.43%-0.19pp
- MSFT-1.93%-0.15pp
This month (21d)
- MSFT+6.29%+0.48pp
- AAPL+1.92%+0.21pp
- SHOP+31.82%+0.18pp
- ACN+20.70%+0.1pp
- TXN+7.10%+0.08pp
- INTC-17.42%-0.42pp
- MU-10.09%-0.38pp
- NVDA-2.38%-0.31pp
- AVGO-5.17%-0.25pp
- ORCL-14.85%-0.21pp
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)
- PTC+43.54%
- SHOP+31.82%
- ACN+20.70%
- SNPS+19.27%
- CDNS+13.80%
- WDC-21.67%
- SMCI-21.61%
- COHR-21.31%
- STX-20.37%
- FICO-20.19%
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% | 214.13 | -1.43% | -6.61% | -2.38% | +14.96% | 41 |
| AAPL Apple Inc | 11.00% | 343.46 | +0.43% | +2.03% | +1.92% | +26.46% | 60 |
| MSFT Microsoft Corp | 7.64% | 529.05 | -1.93% | -1.13% | +6.29% | +9.64% | 80 |
| AVGO Broadcom Ltd | 4.83% | 328.75 | -4.52% | -9.07% | -5.17% | -4.81% | 31 |
| MU Micron Technology | 3.72% | 878.84 | -5.63% | -14.58% | -10.09% | +208.05% | 20 |
| AMD Adv Micro Devices | 3.18% | 528.75 | -5.95% | -13.05% | -3.00% | +146.89% | 37 |
| ASML ASML Holdings NY Reg ADR | 2.62% | 1641.52 | -0.96% | -7.80% | +0.73% | +53.97% | 54 |
| INTC Intel Corp | 2.41% | 89.85 | -5.79% | -14.18% | -17.42% | +143.50% | 9 |
| CSCO Cisco Systems Inc | 2.03% | 107.39 | -2.24% | -9.29% | -2.59% | +40.92% | 40 |
| LRCX Lam Research Corp | 1.64% | 263.94 | -4.87% | -17.22% | -1.89% | +54.48% | 47 |
| AMAT Applied Materials | 1.47% | 409.29 | -4.82% | -19.28% | -1.94% | +59.46% | 45 |
| ORCL Oracle Corp | 1.40% | 128.23 | -4.64% | -9.31% | -14.85% | -33.81% | 13 |
| PLTR Palantir Technologies Cl A | 1.36% | 186.03 | -7.22% | -11.01% | +5.55% | +4.66% | 77 |
| TXN Texas Instruments | 1.17% | 276.48 | -0.95% | -2.56% | +7.10% | +60.40% | 84 |
| KLAC K L A-Tencor Corp | 1.05% | 165.74 | -5.00% | -15.25% | -1.92% | +36.91% | 46 |
| IBM Intl Business Machines | 1.02% | 232.14 | -0.85% | +2.21% | -2.36% | -21.18% | 43 |
| SNDK Sandisk Corp | 0.99% | 1299.30 | -6.85% | -17.86% | -19.52% | +447.35% | 7 |
| QCOM Qualcomm Inc | 0.99% | 172.11 | -3.53% | -1.93% | -8.80% | +1.27% | 24 |
| PANW Palo Alto Networks | 0.88% | 342.00 | -7.63% | -18.33% | -8.81% | +85.67% | 23 |
| ADI Analog Devices | 0.81% | 395.44 | -2.11% | -2.65% | +9.04% | +46.27% | 89 |
| SAP SAP Ag ADR | 0.77% | 224.29 | -0.32% | +4.43% | +4.98% | -7.67% | 75 |
| STX Seagate Technology Holdings | 0.77% | 639.01 | -7.50% | -18.39% | -20.37% | +132.44% | 3 |
| CRM Salesforce Inc | 0.72% | 240.70 | -2.45% | +5.05% | -0.89% | -8.91% | 49 |
| WDC Western Digital Corp | 0.71% | 332.00 | -6.86% | -16.43% | -21.67% | +92.81% | 0 |
| CRWD Crowdstrike Holdings | 0.71% | 227.39 | -7.02% | -17.32% | -7.45% | +94.04% | 29 |
| APH Amphenol Corp | 0.67% | 79.35 | -2.63% | -9.04% | +1.41% | +17.84% | 57 |
| ANET Arista Networks Inc | 0.66% | 176.98 | -4.63% | -18.34% | -11.30% | +35.07% | 17 |
| GLW Corning Inc | 0.65% | 132.00 | -4.64% | -15.75% | -10.69% | +51.04% | 18 |
| APP Applovin Corp Cl A | 0.57% | 266.13 | -4.71% | -3.94% | -17.25% | -60.50% | 10 |
| SHOP Shopify Inc | 0.56% | 169.52 | -4.84% | -0.78% | +31.82% | +5.31% | 98 |
| ACN Accenture Plc | 0.47% | 229.68 | +2.12% | +10.74% | +20.70% | -13.16% | 97 |
| NOW Servicenow Inc | 0.45% | 141.97 | -4.44% | +0.79% | +2.53% | -7.32% | 62 |
| IFX INFINEON TECHNOLOGIES AG | 0.45% | 52.39 | -0.15% | -10.99% | -3.69% | +39.92% | 34 |
| ADBE Adobe Systems Inc | 0.43% | 245.20 | -2.57% | +1.21% | -2.96% | -29.94% | 38 |
| CDNS Cadence Design Sys | 0.42% | 319.51 | -1.50% | -9.45% | +13.80% | +2.22% | 94 |
| SNPS Synopsys Inc | 0.42% | 454.63 | -2.88% | -10.86% | +19.27% | -3.21% | 95 |
| INTU Intuit Inc | 0.37% | 325.15 | -1.52% | +7.40% | +3.84% | -50.67% | 69 |
| CIEN Ciena Corp | 0.36% | 332.73 | -6.67% | -26.02% | -3.35% | +42.27% | 36 |
| FTNT Fortinet Inc | 0.36% | 169.13 | -7.03% | -13.16% | -2.00% | +112.98% | 44 |
| MPWR Monolithic Power Sys | 0.33% | 1210.86 | -3.07% | -12.65% | +3.53% | +33.86% | 67 |
| NOKIA NOKIA | 0.33% | 93.82 | -0.02% | -10.00% | -10.00% | +57.21% | 21 |
| NXPI Nxp Semiconductors | 0.33% | 229.33 | -0.76% | +0.80% | +0.61% | +6.20% | 53 |
| DELL Dell Technologies Inc | 0.33% | 473.39 | -6.80% | -17.61% | -15.96% | +278.88% | 11 |
| DDOG Datadog Inc Cl A | 0.31% | 247.11 | -7.19% | -15.74% | +4.71% | +81.71% | 74 |
| COHR Coherent Corp | 0.31% | 232.90 | -7.06% | -25.50% | -21.31% | +26.19% | 2 |
| LITE Lumentum Holdings | 0.30% | 824.13 | -5.22% | -25.31% | -7.78% | +123.59% | 28 |
| MSI Motorola Solutions | 0.29% | 463.15 | +1.48% | +4.27% | +0.75% | +21.15% | 55 |
| TEL Te Connectivity Ltd | 0.26% | 212.64 | -0.16% | -2.59% | +2.92% | -5.89% | 64 |
| KEYS Keysight Technologies | 0.25% | 331.21 | -3.18% | -13.47% | -0.07% | +63.01% | 51 |
| TER Teradyne Inc | 0.24% | 325.00 | -5.31% | -19.29% | -7.97% | +67.98% | 25 |
| ADSK Autodesk Inc | 0.22% | 239.90 | -2.15% | +1.93% | +9.72% | -18.96% | 91 |
| MCHP Microchip Technology | 0.21% | 73.85 | -0.55% | -2.25% | +4.28% | +16.58% | 71 |
| HPE Hewlett Packard Enterprise | 0.20% | 55.13 | -5.97% | -24.95% | -9.68% | +131.00% | 22 |
| ON On Semiconductor | 0.19% | 72.02 | -2.28% | -7.11% | +5.45% | +33.00% | 76 |
| CLS Celestica Inc | 0.18% | 303.81 | -3.63% | -16.11% | -7.92% | +2.77% | 26 |
| JBL Jabil Circuit | 0.16% | 278.25 | -3.10% | -9.15% | -5.98% | +22.09% | 30 |
| ROP Roper Industries | 0.15% | 382.71 | +0.07% | +5.11% | +2.12% | -13.63% | 61 |
| Q Qnity Electronics Inc | 0.14% | 115.37 | -3.54% | -8.87% | -1.50% | +41.46% | 48 |
| FICO Fair Isaac and Company | 0.13% | 771.19 | +0.16% | +15.52% | -20.19% | -54.38% | 5 |
| TDY Teledyne Technologies | 0.12% | 618.60 | -0.21% | +0.81% | +2.76% | +21.12% | 63 |
| FSLR First Solar Inc | 0.12% | 172.64 | -3.45% | -2.91% | -14.18% | -33.91% | 14 |
| WDAY Workday Inc | 0.11% | 190.81 | -2.96% | +2.26% | -4.25% | -11.16% | 32 |
| VRSN Verisign Inc | 0.11% | 302.33 | -0.58% | -0.46% | +0.09% | +25.24% | 52 |
| CTSH Cognizant Tech Sol | 0.11% | 66.03 | +0.40% | +11.54% | +6.71% | -20.04% | 82 |
| NTAP Netapp Inc | 0.11% | 203.80 | -5.08% | -14.06% | +3.49% | +92.22% | 66 |
| HLMA HALMA PLC | 0.10% | 3428.00 | +0.88% | -2.83% | -2.83% | -3.11% | 39 |
| FFIV F5 Inc | 0.09% | 442.03 | -3.19% | -7.88% | +1.70% | +73.17% | 59 |
| AKAM Akamai Technologies | 0.09% | 87.81 | -4.89% | -17.90% | -18.00% | +0.64% | 8 |
| HPQ HP Inc | 0.09% | 30.01 | -2.72% | -0.63% | -13.42% | +36.88% | 15 |
| CAP Capitol Investment Corp V Cl A | 0.08% | 121.35 | -0.61% | +5.48% | +13.31% | -14.69% | 93 |
| PTC Ptc Inc | 0.08% | 192.98 | -0.09% | -0.76% | +43.54% | +10.77% | 99 |
| SMCI Super Micro Computer | 0.07% | 31.63 | -9.86% | -24.44% | -21.61% | +8.06% | 1 |
| DSY Big Tree Cloud Holdings Limited | 0.07% | 23.10 | -0.26% | +6.21% | +12.24% | -3.10% | 92 |
| LOGN Logansport Financial Corp | 0.06% | 86.28 | +0.23% | +5.25% | +4.03% | +5.81% | 70 |
| CDW CDW Corp | 0.06% | 150.48 | -2.49% | +5.85% | +0.86% | +11.70% | 56 |
| GEN Gen Digital Inc | 0.06% | 24.16 | -2.66% | +3.91% | -20.03% | -10.19% | 6 |
| TRMB Trimble Navigation | 0.06% | 59.46 | -2.48% | -1.05% | +3.72% | -24.11% | 68 |
| TYL Tyler Technologies | 0.06% | 360.87 | -0.76% | +9.50% | +5.65% | -20.50% | 78 |
| GDDY Godaddy Inc | 0.05% | 105.96 | -1.24% | +1.54% | +7.96% | -14.60% | 85 |
| ZBRA Zebra Technologies | 0.05% | 369.01 | -2.25% | -4.69% | +6.10% | +51.97% | 79 |
| SGE Strong Global Entertainment Cl A | 0.05% | 1122.00 | -1.01% | +4.71% | +8.51% | +6.00% | 87 |
| IT Gartner Inc | 0.05% | 205.35 | -0.95% | +7.43% | +9.35% | -18.60% | 90 |
| SWKS Skyworks Solutions | 0.05% | 79.70 | +0.76% | +4.39% | -12.72% | +28.29% | 16 |
| NXT Nextpower Inc | 0.03% | 80.04 | -4.09% | -7.05% | -3.98% | -8.12% | 33 |
| OTEX Open Text Corp | 0.03% | 25.50 | -1.28% | +7.59% | +8.42% | -19.96% | 86 |
| EPAM Epam Systems Inc | 0.02% | 122.19 | -0.06% | +7.90% | +4.35% | -40.36% | 72 |
| TEMN TEMENOS AG | 0.02% | 71.65 | -2.05% | +3.69% | +6.78% | -9.99% | 83 |
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 2026-10-16: over 21 sessions the fund returned -3.61% while its median constituent returned -0.89% — a dispersion of 11.37 pp; 64% of 87 members beat the fund. Broad decline - breadth is falling with price.
How did IXN's members trade in the last session?
As of 2026-10-16: fund -2.88%, median member -2.63%, 9 advancers vs 78 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.