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 | -0.08% | +1.33 | +21pp | +3.11pp | Improving |
| 1 month | -0.55% | +1.22 | +25pp | +6.11pp | Improving |
| 1 quarter | -5.13% | -0.5 | +32pp | +6.12pp | Confirming ↓ |
Over the last 126 sessions: price down -2.01%, breadth up (+0.5/name) · % beating 47→71 · median−ETF -0.20pp→+3.62pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.51% | +0.73% | +0.22pp | 25 / 9 | 24 / 12 | 24 of 36 | ±1.75% |
| 5d | -0.08% | +1.62% | +1.70pp | 28 / 8 | 29 / 7 | 11 of 36 | ±3.64% |
| 21d | -0.55% | +2.81% | +3.36pp | 25 / 11 | 25 / 11 | 0 of 36 | ±10.89% |
| YTD | -2.75% | +2.30% | +5.05pp | 19 / 17 | 19 / 17 | 3 of 36 | ±17.56% |
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)
- DIS+1.96%+0.09pp
- T+1.26%+0.05pp
- DTE+0.94%+0.03pp
- TTWO+2.08%+0.02pp
- VZ+0.54%+0.02pp
- META-0.86%-0.13pp
- SATS-4.14%-0.02pp
- GOOGL-0.13%-0.02pp
- GOOG-0.12%-0.01pp
- TMUS-0.42%-0.01pp
This month (21d)
- T+13.24%+0.55pp
- VZ+10.48%+0.44pp
- DIS+7.16%+0.32pp
- NFLX+5.12%+0.21pp
- CMCSA+8.63%+0.2pp
- META-11.24%-1.66pp
- GOOGL-2.41%-0.32pp
- GOOG-2.90%-0.31pp
- DTE-5.42%-0.17pp
- TMUS-5.31%-0.13pp
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)
- FOXA+21.53%
- FOX+20.22%
- CHTR+15.71%
- T+13.24%
- T+13.24%
- SATS-26.16%
- TTD-26.05%
- UMG.AS-19.00%
- CAR-11.83%
- META-11.24%
IXP — constituent leadership race
$100 in each covered IXP 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 — 36 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| META META Platforms Inc | 14.74% | 589.85 | -0.86% | -0.38% | -11.24% | -10.56% | 11 |
| GOOGL Alphabet Cl A | 13.27% | 345.90 | -0.13% | -2.37% | -2.41% | +10.59% | 25 |
| GOOG Alphabet Cl C | 10.54% | 343.54 | -0.12% | -2.81% | -2.90% | +9.55% | 22 |
| DIS Walt Disney Company | 4.53% | 106.85 | +1.96% | +1.85% | +7.16% | -6.08% | 69 |
| VZ Verizon Communications | 4.21% | 48.48 | +0.54% | +3.02% | +10.48% | +22.91% | 78 |
| NFLX Netflix Inc | 4.18% | 78.16 | -0.10% | +5.42% | +5.12% | -16.64% | 64 |
| T AT&T Inc | 4.12% | 24.89 | +1.26% | +4.62% | +13.24% | +2.44% | 86 |
| DTE Dte Energy Company | 3.06% | 140.84 | +0.94% | +0.69% | -5.42% | +10.05% | 14 |
| TMUS T-Mobile US | 2.38% | 182.61 | -0.42% | +3.06% | -5.31% | -9.63% | 17 |
| CMCSA Comcast Corp A | 2.37% | 26.18 | +0.00% | +3.23% | +8.63% | -4.35% | 72 |
| WBD Discovery Inc Series A | 1.77% | 27.99 | +0.86% | +4.52% | +2.57% | -2.88% | 47 |
| EA Electronic Arts Inc | 1.20% | 209.70 | +0.00% | +0.38% | +2.07% | +2.73% | 39 |
| TTWO Take-Two Interactive | 1.09% | 246.95 | +2.08% | +0.18% | +3.08% | -3.55% | 53 |
| ORA Ormat Technologies | 1.03% | 16.41 | +0.74% | -0.30% | +1.89% | +15.53% | 33 |
| VOD Vodafone Grp Plc ADR | 0.78% | 121.55 | +1.17% | +0.87% | +4.56% | +25.19% | 58 |
| LYV Live Nation Entertainment | 0.69% | 188.46 | +1.29% | +4.32% | +4.79% | +32.25% | 61 |
| UMG.AS UNIVERSAL MUSIC GROUP NV | 0.65% | 14.95 | +2.01% | -3.98% | -19.00% | -31.86% | 6 |
| OMC Omnicom Group Inc | 0.61% | 87.57 | -0.89% | +2.73% | +4.04% | +9.53% | 56 |
| SCMN.SW SWISSCOM AG | 0.58% | 639.00 | +0.71% | +1.59% | +2.24% | +15.35% | 42 |
| KPN.AS KONINKLIJKE KPN NV | 0.54% | 4.08 | +0.64% | +0.82% | -3.22% | +4.87% | 19 |
| T AT&T Inc | 0.51% | 24.89 | +1.26% | +4.62% | +13.24% | +2.44% | 86 |
| CLNX.MC CELLNEX TELECOM | 0.51% | 27.64 | +0.80% | +0.29% | +11.45% | +2.16% | 83 |
| TEF.MC Telefonica S.A. ADR | 0.49% | 3.68 | +0.38% | +0.33% | +2.39% | +5.44% | 44 |
| SATS Echostar Corp | 0.46% | 92.03 | -4.14% | -8.74% | -26.16% | -15.34% | 0 |
| CHTR Charter Communications | 0.34% | 154.27 | -1.44% | +1.11% | +15.71% | -26.10% | 92 |
| FOXA Fox Corp Cl A | 0.34% | 69.04 | +5.49% | +7.82% | +21.53% | -5.05% | 97 |
| TKO Tko Group Holdings Cl A | 0.33% | 201.28 | +0.80% | +7.89% | +8.93% | -3.31% | 75 |
| TELIA.ST TELIA COMPANY | 0.33% | 43.95 | +1.41% | +0.78% | -1.91% | +14.11% | 28 |
| TEL Te Connectivity Ltd | 0.28% | 216.23 | +0.69% | -0.05% | +6.74% | -4.30% | 67 |
| NWSA News Corp Cl A | 0.26% | 29.16 | +0.76% | +2.24% | +1.64% | +12.11% | 31 |
| TTD Trade Desk Inc | 0.25% | 14.14 | -2.88% | +2.46% | -26.05% | -62.75% | 3 |
| FOX Fox Corp Cl B | 0.21% | 61.41 | +5.70% | +7.68% | +20.22% | -4.91% | 94 |
| ELISA.HE ELISA | 0.18% | 35.72 | +1.53% | +1.65% | +3.06% | -3.98% | 50 |
| CAR Avis Budget Group | 0.18% | 137.85 | +0.63% | -3.05% | -11.83% | +7.43% | 8 |
| NWS News Corp Cl B | 0.10% | 33.17 | +0.73% | +2.22% | +1.94% | +12.36% | 36 |
| PSKY Paramount Skydance Corp Cl B | 0.08% | 10.14 | +1.71% | +10.34% | +10.94% | -23.94% | 81 |
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.