Constituent dispersion · breadth vs the index
IXP — Global Communications
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 | -0.49% | -0.97 | -22pp | -2.15pp | Weakening |
| 1 month | -4.68% | -2.03 | -3pp | -0.24pp | Confirming ↓ |
| 1 quarter | +0.15% | -0.19 | -11pp | -2.44pp | Weakening |
Over the last 126 sessions: price down -0.66%, breadth up (+1.97/name) · % beating 64→47 · median−ETF +1.88pp→-0.32pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.76% | +0.22% | -0.54pp | 19 / 17 | 11 / 25 | 14 of 36 | ±2.23% |
| 5d | -0.49% | -3.32% | -2.83pp | 9 / 27 | 10 / 26 | 3 of 36 | ±6.85% |
| 21d | -4.68% | -4.88% | -0.19pp | 9 / 27 | 17 / 19 | 7 of 36 | ±8.5% |
| YTD | -3.16% | -3.24% | -0.08pp | 15 / 21 | 18 / 18 | 3 of 36 | ±19.31% |
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)
- META+1.70%+0.25pp
- GOOG+1.48%+0.16pp
- GOOGL+1.17%+0.15pp
- DIS+3.00%+0.14pp
- TTWO+4.93%+0.05pp
- T-1.92%-0.08pp
- VZ-1.03%-0.04pp
- OMC-6.50%-0.04pp
- CMCSA-1.15%-0.03pp
- CHTR-4.37%-0.01pp
This month (21d)
- DTE+3.08%+0.09pp
- DIS+1.56%+0.07pp
- CAR+24.72%+0.04pp
- LYV+5.05%+0.03pp
- TEL+11.43%+0.03pp
- GOOGL-5.06%-0.67pp
- META-4.21%-0.62pp
- NFLX-13.38%-0.56pp
- T-11.89%-0.49pp
- GOOG-4.53%-0.48pp
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)
- CAR+24.72%
- TEL+11.43%
- LYV+5.05%
- DTE+3.08%
- TKO+2.96%
- SATS-20.03%
- FOX-19.18%
- FOXA-19.09%
- NFLX-13.38%
- TTD-12.52%
IXP — constituent leadership race
$100 in each covered IXP constituent at 2025-12-16, 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 — 36 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| META META Platforms Inc | 14.74% | 577.22 | +1.70% | +1.64% | -4.21% | -12.48% | 58 |
| GOOGL Alphabet Cl A | 13.27% | 368.03 | +1.17% | +2.87% | -5.06% | +17.66% | 44 |
| GOOG Alphabet Cl C | 10.54% | 367.46 | +1.48% | +3.06% | -4.53% | +17.18% | 53 |
| DIS Walt Disney Company | 4.53% | 103.89 | +3.00% | +3.54% | +1.56% | -8.68% | 83 |
| VZ Verizon Communications | 4.21% | 45.37 | -1.03% | -3.34% | -4.96% | +15.03% | 47 |
| NFLX Netflix Inc | 4.18% | 77.38 | +0.55% | -4.79% | -13.38% | -17.47% | 8 |
| T AT&T Inc | 4.12% | 22.01 | -1.92% | -4.30% | -11.89% | -9.42% | 14 |
| DTE Dte Energy Company | 3.06% | 147.56 | +0.25% | +1.21% | +3.08% | +15.30% | 89 |
| TMUS T-Mobile US | 2.38% | 181.67 | +0.20% | -2.23% | -5.57% | -10.09% | 42 |
| CMCSA Comcast Corp A | 2.37% | 22.43 | -1.15% | -6.42% | -9.56% | -18.05% | 22 |
| WBD Discovery Inc Series A | 1.77% | 26.20 | -0.15% | -2.46% | -3.29% | -9.09% | 64 |
| EA Electronic Arts Inc | 1.20% | 202.15 | -0.43% | -0.44% | +0.32% | -0.97% | 75 |
| TTWO Take-Two Interactive | 1.09% | 239.28 | +4.93% | +12.83% | +0.48% | -6.54% | 81 |
| ORA Ormat Technologies | 1.03% | 17.01 | +0.41% | -4.25% | -8.70% | +19.75% | 31 |
| VOD Vodafone Grp Plc ADR | 0.78% | 108.70 | -1.54% | -4.40% | -2.17% | +11.95% | 69 |
| LYV Live Nation Entertainment | 0.69% | 171.24 | -0.16% | -0.63% | +5.05% | +20.17% | 92 |
| UMG.AS UNIVERSAL MUSIC GROUP NV | 0.65% | 18.70 | +0.38% | +5.44% | -7.47% | -14.74% | 39 |
| OMC Omnicom Group Inc | 0.61% | 71.35 | -6.50% | -5.61% | -0.67% | -10.76% | 72 |
| SCMN.SW SWISSCOM AG | 0.58% | 630.00 | +0.32% | -3.30% | -7.96% | +13.72% | 33 |
| KPN.AS KONINKLIJKE KPN NV | 0.54% | 4.32 | +0.91% | -2.66% | -7.51% | +11.20% | 36 |
| T AT&T Inc | 0.51% | 22.01 | -1.92% | -4.30% | -11.89% | -9.42% | 14 |
| CLNX.MC CELLNEX TELECOM | 0.51% | 28.39 | -1.39% | +0.57% | -2.27% | +4.93% | 67 |
| TEF.MC Telefonica S.A. ADR | 0.49% | 3.71 | -0.62% | -2.22% | -9.05% | +6.18% | 25 |
| SATS Echostar Corp | 0.46% | 109.17 | -2.26% | -14.80% | -20.03% | +0.43% | 0 |
| CHTR Charter Communications | 0.34% | 126.23 | -4.37% | -9.28% | -11.42% | -39.53% | 19 |
| FOXA Fox Corp Cl A | 0.34% | 52.23 | +1.77% | -23.53% | -19.09% | -28.17% | 6 |
| TKO Tko Group Holdings Cl A | 0.33% | 198.78 | +2.18% | -6.62% | +2.96% | -4.51% | 86 |
| TELIA.ST TELIA COMPANY | 0.33% | 48.31 | -0.84% | -5.13% | -4.79% | +25.43% | 50 |
| TEL Te Connectivity Ltd | 0.28% | 217.64 | +2.56% | +4.77% | +11.43% | -3.67% | 94 |
| NWSA News Corp Cl A | 0.26% | 25.28 | -2.69% | -3.88% | -3.66% | -2.81% | 61 |
| TTD Trade Desk Inc | 0.25% | 18.51 | +1.93% | -2.06% | -12.52% | -51.24% | 11 |
| FOX Fox Corp Cl B | 0.21% | 46.95 | +0.47% | -23.48% | -19.18% | -27.30% | 3 |
| ELISA.HE ELISA | 0.18% | 38.00 | +0.32% | -5.05% | -8.83% | +2.15% | 28 |
| CAR Avis Budget Group | 0.18% | 188.43 | +4.17% | -0.62% | +24.72% | +46.84% | 97 |
| NWS News Corp Cl B | 0.10% | 28.75 | -2.87% | -4.58% | -4.52% | -2.61% | 56 |
| PSKY Paramount Skydance Corp Cl B | 0.08% | 9.94 | -0.40% | -4.79% | +0.40% | -25.44% | 78 |
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.