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 +3.25pp sector return − SPY
RS vs Nasdaq-100 21d +3.10pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +6.66% · A/D +140 (+1.61/name)
IXN 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 | +1.75% | +0.17 | -6pp | -2.08pp | Confirming ↑ |
| 1 month | +6.66% | +1.61 | +2pp | +0.10pp | Confirming ↑ |
| 1 quarter | +6.04% | +1.57 | +20pp | +9.23pp | Confirming ↑ |
Over the last 126 sessions: price up +35.60%, breadth up (+7.41/name) · % beating 47→56 · median−ETF -3.42pp→+1.89pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.51% | -0.62% | -0.11pp | 34 / 53 | 43 / 44 | 28 of 87 | ±2.65% |
| 5d | +1.75% | +0.88% | -0.87pp | 52 / 35 | 37 / 50 | 14 of 87 | ±7.21% |
| 21d | +6.66% | +8.55% | +1.89pp | 71 / 16 | 49 / 38 | 7 of 87 | ±13.81% |
| YTD | +36.50% | +16.10% | -20.40pp | 56 / 30 | 36 / 50 | 2 of 86 | ±90.92% |
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)
- AMD+6.50%+0.21pp
- MU+2.30%+0.09pp
- SNDK+7.39%+0.07pp
- STX+5.65%+0.04pp
- WDC+4.41%+0.03pp
- AVGO-5.94%-0.29pp
- AMAT-5.12%-0.08pp
- ORCL-3.65%-0.05pp
- INTC-1.97%-0.05pp
- PLTR-2.78%-0.04pp
This month (21d)
- MSFT+23.51%+1.8pp
- NVDA+8.56%+1.12pp
- MU+13.88%+0.52pp
- PLTR+29.46%+0.4pp
- ORCL+21.18%+0.3pp
- AAPL-8.20%-0.9pp
- APP-27.40%-0.16pp
- AMAT-9.58%-0.14pp
- KLAC-7.13%-0.07pp
- TXN-4.00%-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)
- SMCI+61.43%
- ZBRA+41.88%
- WDAY+36.62%
- CTSH+31.93%
- LITE+31.14%
- APP-27.40%
- NXPI-13.28%
- FICO-12.52%
- CDNS-10.92%
- AMAT-9.58%
IXN — constituent leadership race
$100 in each covered IXN 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 — 87 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| NVDA Nvidia Corp | 13.10% | 225.16 | -0.06% | +0.54% | +8.56% | +20.88% | 51 |
| AAPL Apple Inc | 11.00% | 305.93 | +0.22% | -2.28% | -8.20% | +12.64% | 6 |
| MSFT Microsoft Corp | 7.64% | 495.40 | -0.30% | -0.92% | +23.51% | +2.67% | 82 |
| AVGO Broadcom Ltd | 4.83% | 392.99 | -5.94% | -8.13% | +4.95% | +13.79% | 36 |
| MU Micron Technology | 3.72% | 971.66 | +2.30% | +10.72% | +13.88% | +240.59% | 62 |
| AMD Adv Micro Devices | 3.18% | 514.39 | +6.50% | +6.42% | +2.68% | +140.19% | 25 |
| ASML ASML Holdings NY Reg ADR | 2.62% | 1844.08 | -0.21% | +5.92% | +3.32% | +72.97% | 28 |
| INTC Intel Corp | 2.41% | 102.50 | -1.97% | +0.84% | +5.69% | +177.78% | 40 |
| CSCO Cisco Systems Inc | 2.03% | 111.68 | -1.58% | -8.03% | +1.84% | +46.55% | 23 |
| LRCX Lam Research Corp | 1.64% | 332.36 | -1.38% | +6.75% | +3.55% | +94.53% | 30 |
| AMAT Applied Materials | 1.47% | 507.18 | -5.12% | -5.93% | -9.58% | +97.60% | 5 |
| ORCL Oracle Corp | 1.40% | 150.52 | -3.65% | +2.38% | +21.18% | -22.30% | 78 |
| PLTR Palantir Technologies Cl A | 1.36% | 174.04 | -2.78% | +1.18% | +29.46% | -2.09% | 89 |
| TXN Texas Instruments | 1.17% | 279.58 | +2.25% | -2.27% | -4.00% | +62.20% | 10 |
| KLAC K L A-Tencor Corp | 1.05% | 203.72 | -2.70% | +2.83% | -7.13% | — | 7 |
| IBM Intl Business Machines | 1.02% | 234.32 | -1.19% | -0.54% | +6.97% | -20.44% | 45 |
| SNDK Sandisk Corp | 0.99% | 1641.11 | +7.39% | +35.38% | +16.30% | +591.34% | 67 |
| QCOM Qualcomm Inc | 0.99% | 165.79 | +0.61% | -1.23% | -2.83% | -2.45% | 13 |
| PANW Palo Alto Networks | 0.88% | 384.27 | -2.96% | +5.61% | +8.55% | +108.62% | 49 |
| ADI Analog Devices | 0.81% | 389.39 | +2.16% | -0.14% | +2.33% | +44.03% | 24 |
| SAP SAP Ag ADR | 0.77% | 207.97 | -0.63% | +0.88% | +28.66% | -14.38% | 87 |
| STX Seagate Technology Holdings | 0.77% | 973.44 | +5.65% | +19.77% | +30.58% | +254.09% | 93 |
| CRM Salesforce Inc | 0.72% | 196.21 | -2.56% | +1.80% | +13.63% | -25.75% | 61 |
| WDC Western Digital Corp | 0.71% | 508.80 | +4.41% | +17.15% | +9.00% | +195.49% | 52 |
| CRWD Crowdstrike Holdings | 0.71% | 216.95 | -3.80% | +1.18% | +6.47% | +85.13% | 43 |
| APH Amphenol Corp | 0.67% | 167.11 | +0.82% | -1.22% | +9.12% | +23.90% | 53 |
| ANET Arista Networks Inc | 0.66% | 198.82 | -2.36% | +5.38% | +17.95% | +51.74% | 71 |
| GLW Corning Inc | 0.65% | 165.99 | +4.70% | +0.19% | +4.80% | +89.93% | 34 |
| APP Applovin Corp Cl A | 0.57% | 315.44 | +0.89% | -9.04% | -27.40% | -53.19% | 0 |
| SHOP Shopify Inc | 0.56% | 154.32 | -2.66% | +1.81% | +23.40% | -4.13% | 80 |
| ACN Accenture Plc | 0.47% | 176.89 | -0.90% | +0.67% | +22.32% | -33.12% | 79 |
| NOW Servicenow Inc | 0.45% | 124.00 | -2.55% | -0.70% | +19.22% | -19.05% | 76 |
| IFX INFINEON TECHNOLOGIES AG | 0.45% | 61.73 | -1.23% | -0.56% | -4.61% | +64.87% | 9 |
| ADBE Adobe Systems Inc | 0.43% | 264.02 | -2.39% | -0.45% | +12.20% | -24.56% | 59 |
| CDNS Cadence Design Sys | 0.42% | 324.82 | +0.32% | -4.25% | -10.92% | +3.92% | 3 |
| SNPS Synopsys Inc | 0.42% | 421.50 | +2.37% | +1.32% | +1.07% | -10.27% | 21 |
| INTU Intuit Inc | 0.37% | 345.66 | -3.53% | +6.28% | +17.26% | -47.56% | 68 |
| CIEN Ciena Corp | 0.36% | 428.77 | -3.17% | +3.97% | +10.28% | +83.34% | 57 |
| FTNT Fortinet Inc | 0.36% | 160.01 | -3.28% | +0.23% | -0.48% | +101.50% | 16 |
| MPWR Monolithic Power Sys | 0.33% | 1402.01 | +2.90% | +0.03% | +7.38% | +55.00% | 47 |
| NOKIA NOKIA | 0.33% | 101.60 | -0.93% | +13.70% | +0.49% | +70.24% | 20 |
| NXPI Nxp Semiconductors | 0.33% | 234.71 | +1.21% | -2.09% | -13.28% | +8.69% | 1 |
| DELL Dell Technologies Inc | 0.33% | 490.81 | -0.75% | +8.16% | +25.61% | +292.82% | 85 |
| DDOG Datadog Inc Cl A | 0.31% | 255.46 | +1.28% | +9.20% | -2.62% | +87.85% | 14 |
| COHR Coherent Corp | 0.31% | 325.83 | -0.43% | -14.06% | +17.65% | +76.53% | 70 |
| LITE Lumentum Holdings | 0.30% | 926.14 | +5.19% | +4.04% | +31.14% | +151.27% | 94 |
| MSI Motorola Solutions | 0.29% | 466.51 | +0.32% | -0.22% | +12.63% | +22.02% | 60 |
| TEL Te Connectivity Ltd | 0.26% | 216.23 | +0.69% | -0.05% | +6.74% | -4.30% | 44 |
| KEYS Keysight Technologies | 0.25% | 357.82 | +1.12% | +4.94% | +14.41% | +76.10% | 63 |
| TER Teradyne Inc | 0.24% | 418.79 | +2.01% | +10.41% | +29.94% | +116.45% | 91 |
| ADSK Autodesk Inc | 0.22% | 251.66 | -2.44% | +1.04% | +15.94% | -14.98% | 66 |
| MCHP Microchip Technology | 0.21% | 79.17 | +1.91% | -6.52% | -3.07% | +24.98% | 11 |
| HPE Hewlett Packard Enterprise | 0.20% | 58.71 | -1.86% | +10.32% | +30.09% | +146.00% | 92 |
| ON On Semiconductor | 0.19% | 82.66 | +1.35% | +1.84% | -6.20% | +52.65% | 8 |
| CLS Celestica Inc | 0.18% | 335.05 | -3.62% | +5.42% | +10.26% | +13.34% | 56 |
| JBL Jabil Circuit | 0.16% | 363.10 | -1.96% | +6.44% | +18.25% | +59.33% | 72 |
| ROP Roper Industries | 0.15% | 399.34 | +0.46% | -0.72% | +9.65% | -9.88% | 55 |
| Q Qnity Electronics Inc | 0.14% | 142.30 | -0.20% | +3.12% | +5.04% | +74.48% | 37 |
| FICO Fair Isaac and Company | 0.13% | 1085.78 | -2.24% | +4.26% | -12.52% | -35.78% | 2 |
| TDY Teledyne Technologies | 0.12% | 679.67 | +0.89% | -1.68% | +7.74% | +33.08% | 48 |
| FSLR First Solar Inc | 0.12% | 225.56 | +0.84% | -9.79% | +6.43% | -13.65% | 41 |
| WDAY Workday Inc | 0.11% | 198.68 | -3.76% | +10.60% | +36.62% | -7.50% | 97 |
| VRSN Verisign Inc | 0.11% | 284.24 | -1.01% | -3.50% | +3.28% | +17.74% | 26 |
| CTSH Cognizant Tech Sol | 0.11% | 58.79 | -0.84% | +1.94% | +31.93% | -28.81% | 95 |
| NTAP Netapp Inc | 0.11% | 207.08 | +1.02% | +9.27% | +29.68% | +95.31% | 90 |
| HLMA HALMA PLC | 0.10% | 3686.00 | -1.55% | -2.90% | +0.27% | +4.18% | 18 |
| FFIV F5 Inc | 0.09% | 403.20 | -3.08% | +0.74% | -0.05% | +57.96% | 17 |
| AKAM Akamai Technologies | 0.09% | 124.99 | -0.24% | +13.07% | +5.20% | +43.26% | 38 |
| HPQ HP Inc | 0.09% | 30.11 | -3.80% | +0.20% | +24.73% | +37.34% | 83 |
| CAP Capitol Investment Corp V Cl A | 0.08% | 108.30 | +2.17% | -0.87% | +18.72% | -23.87% | 75 |
| PTC Ptc Inc | 0.08% | 149.75 | -2.69% | +1.38% | +17.58% | -14.04% | 69 |
| SMCI Super Micro Computer | 0.07% | 39.84 | +1.74% | +27.98% | +61.43% | +36.11% | 99 |
| DSY Big Tree Cloud Holdings Limited | 0.07% | 21.68 | +3.63% | -2.56% | +18.70% | -9.06% | 74 |
| LOGN Logansport Financial Corp | 0.06% | 83.78 | -0.62% | -1.04% | +3.36% | +2.75% | 29 |
| CDW CDW Corp | 0.06% | 139.42 | -1.85% | +2.66% | +3.78% | +3.49% | 31 |
| GEN Gen Digital Inc | 0.06% | 28.48 | -3.69% | -2.37% | +5.44% | +5.87% | 39 |
| TRMB Trimble Navigation | 0.06% | 57.60 | +0.10% | -3.21% | +7.16% | -26.48% | 46 |
| TYL Tyler Technologies | 0.06% | 328.64 | -0.09% | +5.18% | +3.92% | -27.60% | 32 |
| GDDY Godaddy Inc | 0.05% | 94.91 | -5.56% | +4.22% | -1.35% | -23.51% | 15 |
| ZBRA Zebra Technologies | 0.05% | 376.03 | -0.95% | -0.12% | +41.88% | +54.86% | 98 |
| SGE Strong Global Entertainment Cl A | 0.05% | 1060.50 | +4.48% | +1.14% | +24.76% | +0.19% | 84 |
| IT Gartner Inc | 0.05% | 181.09 | -1.21% | -2.43% | +26.73% | -28.22% | 86 |
| SWKS Skyworks Solutions | 0.05% | 69.62 | -0.20% | -1.42% | +20.81% | +12.07% | 77 |
| NXT Nextpower Inc | 0.03% | 15255.00 | -0.46% | -2.74% | +1.67% | +14.46% | 22 |
| OTEX Open Text Corp | 0.03% | 24.54 | -1.37% | -1.60% | +4.78% | -22.97% | 33 |
| EPAM Epam Systems Inc | 0.02% | 100.50 | -1.03% | +3.15% | +14.63% | -50.95% | 64 |
| TEMN TEMENOS AG | 0.02% | 74.60 | +1.84% | +5.29% | +9.22% | -6.28% | 54 |
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.