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 | -14.67% | -1.37 | -7pp | +2.09pp | Confirming ↓ |
| 1 month | -20.40% | -1.25 | +14pp | +8.29pp | Confirming ↓ |
| 1 quarter | -14.02% | -0.75 | -1pp | +3.46pp | Confirming ↓ |
Over the last 126 sessions: price down -8.94%, breadth up (+0.09/name) · % beating 27→60 · median−ETF -11.55pp→+7.42pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -8.62% | -6.67% | +1.95pp | 14 / 73 | 53 / 34 | 11 of 87 | ±7.52% |
| 5d | -14.67% | -11.93% | +2.74pp | 21 / 66 | 50 / 37 | 7 of 87 | ±15.29% |
| 21d | -20.40% | -13.42% | +6.98pp | 30 / 57 | 52 / 35 | 4 of 87 | ±24.51% |
| YTD | +15.35% | +9.96% | -5.40pp | 53 / 34 | 36 / 51 | 1 of 87 | ±53.46% |
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)
- APP+31.04%+0.18pp
- MSI+4.03%+0.01pp
- SAP+1.45%+0.01pp
- EPAM+20.63%+0pp
- ACN+0.34%+0pp
- NVDA-9.26%-1.21pp
- MU-17.46%-0.65pp
- AMD-17.26%-0.55pp
- AVGO-10.43%-0.5pp
- MSFT-3.58%-0.27pp
This month (21d)
- AAPL+2.23%+0.25pp
- ACN+35.93%+0.17pp
- APP+26.60%+0.15pp
- IBM+12.06%+0.12pp
- SAP+15.89%+0.12pp
- NVDA-23.53%-3.08pp
- MU-39.66%-1.48pp
- INTC-53.81%-1.3pp
- AMD-37.39%-1.19pp
- AVGO-22.57%-1.09pp
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)
- EPAM+52.97%
- ROP+36.92%
- GEN+36.67%
- ACN+35.93%
- TYL+29.50%
- LITE-54.13%
- INTC-53.81%
- COHR-49.26%
- TER-48.34%
- CIEN-48.30%
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% | 181.60 | -9.26% | -15.01% | -23.53% | -2.51% | 34 |
| AAPL Apple Inc | 11.00% | 344.17 | -1.53% | -1.36% | +2.23% | +26.72% | 68 |
| MSFT Microsoft Corp | 7.64% | 535.93 | -3.58% | +1.09% | +1.16% | +11.07% | 67 |
| AVGO Broadcom Ltd | 4.83% | 291.53 | -10.43% | -15.50% | -22.57% | -15.59% | 36 |
| MU Micron Technology | 3.72% | 656.39 | -17.46% | -29.74% | -39.66% | +130.08% | 11 |
| AMD Adv Micro Devices | 3.18% | 404.40 | -17.26% | -28.60% | -37.39% | +88.83% | 15 |
| ASML ASML Holdings NY Reg ADR | 2.62% | 1356.65 | -9.33% | -19.04% | -24.84% | +27.25% | 31 |
| INTC Intel Corp | 2.41% | 52.25 | -10.33% | -43.25% | -53.81% | +41.60% | 1 |
| CSCO Cisco Systems Inc | 2.03% | 95.72 | -7.62% | -11.85% | -18.46% | +25.61% | 43 |
| LRCX Lam Research Corp | 1.64% | 185.20 | -16.36% | -27.20% | -43.80% | +8.40% | 8 |
| AMAT Applied Materials | 1.47% | 319.25 | -13.58% | -24.29% | -38.68% | +24.38% | 14 |
| ORCL Oracle Corp | 1.40% | 115.16 | -6.93% | -17.48% | -19.49% | -40.55% | 41 |
| PLTR Palantir Technologies Cl A | 1.36% | 154.99 | -9.73% | -21.09% | -20.16% | -12.80% | 40 |
| TXN Texas Instruments | 1.17% | 278.15 | -10.70% | -10.68% | -3.75% | +61.37% | 61 |
| KLAC K L A-Tencor Corp | 1.05% | 129.80 | -13.35% | -22.48% | -34.05% | +7.22% | 21 |
| IBM Intl Business Machines | 1.02% | 247.11 | -2.84% | -4.32% | +12.06% | -16.10% | 77 |
| SNDK Sandisk Corp | 0.99% | 1150.89 | -13.47% | -7.04% | -35.62% | +384.83% | 18 |
| QCOM Qualcomm Inc | 0.99% | 156.75 | -9.49% | -15.46% | -11.50% | -7.77% | 54 |
| PANW Palo Alto Networks | 0.88% | 314.67 | -9.59% | -17.32% | -22.41% | +70.83% | 37 |
| ADI Analog Devices | 0.81% | 361.01 | -11.13% | -16.68% | -11.97% | +33.53% | 53 |
| SAP SAP Ag ADR | 0.77% | 243.53 | +1.45% | +4.04% | +15.89% | +0.26% | 84 |
| STX Seagate Technology Holdings | 0.77% | 466.53 | -16.25% | -33.40% | -42.23% | +69.70% | 9 |
| CRM Salesforce Inc | 0.72% | 222.41 | -2.07% | -3.68% | -0.96% | -15.83% | 64 |
| WDC Western Digital Corp | 0.71% | 267.63 | -17.35% | -32.32% | -33.99% | +55.43% | 22 |
| CRWD Crowdstrike Holdings | 0.71% | 217.20 | -9.88% | -16.83% | -18.17% | +85.34% | 44 |
| APH Amphenol Corp | 0.67% | 71.64 | -9.33% | -12.72% | -18.17% | +6.39% | 45 |
| ANET Arista Networks Inc | 0.66% | 159.16 | -10.82% | -13.60% | -26.26% | +21.47% | 28 |
| GLW Corning Inc | 0.65% | 103.43 | -12.92% | -19.75% | -36.64% | +18.35% | 16 |
| APP Applovin Corp Cl A | 0.57% | 356.10 | +31.04% | +39.70% | +26.60% | -47.15% | 93 |
| SHOP Shopify Inc | 0.56% | 143.75 | -6.06% | -13.87% | -13.42% | -10.70% | 49 |
| ACN Accenture Plc | 0.47% | 265.16 | +0.34% | +7.26% | +35.93% | +0.25% | 95 |
| NOW Servicenow Inc | 0.45% | 102.36 | -5.93% | -6.67% | -25.76% | -33.18% | 29 |
| IFX INFINEON TECHNOLOGIES AG | 0.45% | 45.95 | -8.54% | -14.92% | -24.61% | +22.72% | 32 |
| ADBE Adobe Systems Inc | 0.43% | 246.44 | -0.82% | -0.68% | +5.87% | -29.59% | 71 |
| CDNS Cadence Design Sys | 0.42% | 311.43 | -5.49% | -9.14% | -12.55% | -0.37% | 51 |
| SNPS Synopsys Inc | 0.42% | 440.31 | -4.89% | -10.18% | -12.41% | -6.26% | 52 |
| INTU Intuit Inc | 0.37% | 354.84 | -0.50% | +7.14% | +19.94% | -46.17% | 89 |
| CIEN Ciena Corp | 0.36% | 230.81 | -15.22% | -33.95% | -48.30% | -1.31% | 5 |
| FTNT Fortinet Inc | 0.36% | 122.51 | -5.32% | -11.93% | -35.28% | +54.28% | 20 |
| MPWR Monolithic Power Sys | 0.33% | 1131.43 | -10.28% | -5.62% | -20.66% | +25.08% | 39 |
| NOKIA NOKIA | 0.33% | 75.28 | -7.29% | -18.14% | -29.61% | +26.14% | 25 |
| NXPI Nxp Semiconductors | 0.33% | 244.43 | -7.77% | -8.11% | +3.92% | +13.19% | 70 |
| DELL Dell Technologies Inc | 0.33% | 316.91 | -14.89% | -33.35% | -45.26% | +153.64% | 6 |
| DDOG Datadog Inc Cl A | 0.31% | 174.60 | -7.48% | -34.32% | -35.65% | +28.39% | 17 |
| COHR Coherent Corp | 0.31% | 169.76 | -12.98% | -28.44% | -49.26% | -8.02% | 2 |
| LITE Lumentum Holdings | 0.30% | 509.70 | -18.68% | -44.57% | -54.13% | +38.28% | 0 |
| MSI Motorola Solutions | 0.29% | 517.01 | +4.03% | +5.07% | +15.32% | +35.23% | 80 |
| TEL Te Connectivity Ltd | 0.26% | 206.36 | -6.29% | -7.36% | -4.39% | -8.67% | 60 |
| KEYS Keysight Technologies | 0.25% | 260.61 | -8.83% | -20.99% | -31.67% | +28.26% | 24 |
| TER Teradyne Inc | 0.24% | 212.74 | -15.24% | -28.18% | -48.34% | +9.96% | 3 |
| ADSK Autodesk Inc | 0.22% | 269.16 | -0.34% | +11.35% | +14.51% | -9.07% | 79 |
| MCHP Microchip Technology | 0.21% | 64.85 | -13.92% | -20.06% | -16.88% | +2.37% | 46 |
| HPE Hewlett Packard Enterprise | 0.20% | 44.16 | -11.84% | -24.99% | -38.74% | +85.03% | 13 |
| ON On Semiconductor | 0.19% | 63.01 | -11.55% | -16.25% | -23.63% | +16.36% | 33 |
| CLS Celestica Inc | 0.18% | 205.64 | -13.02% | -27.27% | -44.66% | -30.44% | 7 |
| JBL Jabil Circuit | 0.16% | 236.36 | -8.59% | -17.86% | -21.07% | +3.71% | 38 |
| ROP Roper Industries | 0.15% | 490.96 | -0.26% | +9.19% | +36.92% | +10.80% | 98 |
| Q Qnity Electronics Inc | 0.14% | 110.04 | -7.36% | -10.29% | -15.17% | +34.92% | 48 |
| FICO Fair Isaac and Company | 0.13% | 707.40 | +0.91% | -0.25% | +3.76% | -58.16% | 69 |
| TDY Teledyne Technologies | 0.12% | 591.72 | -6.37% | -12.66% | -2.06% | +15.86% | 63 |
| FSLR First Solar Inc | 0.12% | 195.76 | +0.64% | +10.67% | +8.68% | -25.06% | 76 |
| WDAY Workday Inc | 0.11% | 200.17 | -0.83% | +2.41% | +8.63% | -6.80% | 75 |
| VRSN Verisign Inc | 0.11% | 312.06 | -1.88% | +2.00% | +6.06% | +29.27% | 72 |
| CTSH Cognizant Tech Sol | 0.11% | 66.54 | +1.16% | +6.43% | +16.59% | -19.42% | 85 |
| NTAP Netapp Inc | 0.11% | 169.38 | -9.75% | -22.45% | -28.00% | +59.75% | 26 |
| HLMA HALMA PLC | 0.10% | 3314.00 | -3.61% | -5.31% | -4.72% | -6.33% | 59 |
| FFIV F5 Inc | 0.09% | 311.74 | -5.45% | -14.23% | -33.20% | +22.13% | 23 |
| AKAM Akamai Technologies | 0.09% | 77.84 | -9.41% | -21.67% | -25.59% | -10.79% | 30 |
| HPQ HP Inc | 0.09% | 29.44 | -1.64% | -7.51% | -8.68% | +34.28% | 56 |
| CAP Capitol Investment Corp V Cl A | 0.08% | 130.50 | +0.77% | +6.01% | +17.67% | -8.26% | 86 |
| PTC Ptc Inc | 0.08% | 194.60 | -0.30% | -0.10% | +0.52% | +11.70% | 66 |
| SMCI Super Micro Computer | 0.07% | 27.08 | -8.51% | -21.35% | -39.74% | -7.48% | 10 |
| DSY Big Tree Cloud Holdings Limited | 0.07% | 26.19 | +1.35% | +4.47% | +21.19% | +9.86% | 90 |
| LOGN Logansport Financial Corp | 0.06% | 80.30 | -3.28% | -1.67% | -5.57% | -1.52% | 57 |
| CDW CDW Corp | 0.06% | 158.39 | -6.14% | -4.12% | +15.77% | +17.57% | 83 |
| GEN Gen Digital Inc | 0.06% | 30.60 | -0.94% | +8.51% | +36.67% | +13.75% | 97 |
| TRMB Trimble Navigation | 0.06% | 53.64 | -1.12% | -17.91% | -10.69% | -31.54% | 55 |
| TYL Tyler Technologies | 0.06% | 430.37 | +1.69% | +15.09% | +29.50% | -5.19% | 94 |
| GDDY Godaddy Inc | 0.05% | 120.12 | +1.52% | +13.44% | +23.57% | -3.19% | 92 |
| ZBRA Zebra Technologies | 0.05% | 321.64 | -3.25% | -14.77% | -16.68% | +32.46% | 47 |
| SGE Strong Global Entertainment Cl A | 0.05% | 1203.50 | +1.22% | +4.43% | +17.76% | +13.70% | 87 |
| IT Gartner Inc | 0.05% | 198.07 | -4.40% | -11.99% | +6.62% | -21.49% | 74 |
| SWKS Skyworks Solutions | 0.05% | 81.21 | -2.06% | -9.19% | -2.66% | +30.72% | 62 |
| NXT Nextpower Inc | 0.03% | 99.58 | -6.67% | +24.74% | +15.74% | +14.32% | 82 |
| OTEX Open Text Corp | 0.03% | 26.12 | -1.77% | -3.51% | +12.88% | -18.01% | 78 |
| EPAM Epam Systems Inc | 0.02% | 165.70 | +20.63% | +23.01% | +52.97% | -19.12% | 99 |
| TEMN TEMENOS AG | 0.02% | 81.40 | +2.13% | +7.53% | +22.04% | +2.26% | 91 |
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 2026-11-05: over 21 sessions the fund returned -20.40% while its median constituent returned -13.42% — a dispersion of 24.51 pp; 60% 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 2026-11-05: fund -8.62%, median member -6.67%, 14 advancers vs 73 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.