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 | -1.35% | +0.86 | +26pp | +4.52pp | Improving |
| 1 month | -2.53% | -0.67 | -2pp | -0.33pp | Confirming ↓ |
| 1 quarter | -5.54% | -3.53 | +1pp | +0.44pp | Confirming ↓ |
Over the last 126 sessions: price down -3.03%, breadth up (+0.28/name) · % beating 50→51 · median−ETF +0.33pp→+0.58pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -1.68% | -0.57% | +1.11pp | 14 / 22 | 27 / 9 | 11 of 36 | ±2.16% |
| 5d | -1.35% | +1.13% | +2.48pp | 23 / 13 | 27 / 9 | 3 of 36 | ±3.37% |
| 21d | -2.53% | -2.32% | +0.21pp | 16 / 20 | 19 / 17 | 4 of 36 | ±7.59% |
| YTD | -3.85% | -5.05% | -1.19pp | 16 / 20 | 17 / 19 | 1 of 36 | ±18.05% |
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)
- ORA+2.70%+0.03pp
- VOD+1.33%+0.01pp
- SCMN.SW+1.44%+0.01pp
- KPN.AS+1.51%+0.01pp
- TELIA.ST+2.05%+0.01pp
- META-2.79%-0.41pp
- NFLX-7.26%-0.3pp
- GOOGL-2.17%-0.29pp
- GOOG-2.17%-0.23pp
- DIS-2.05%-0.09pp
This month (21d)
- META+7.63%+1.12pp
- TMUS+4.38%+0.1pp
- VOD+8.37%+0.07pp
- EA+2.90%+0.03pp
- OMC+5.64%+0.03pp
- GOOGL-7.09%-0.94pp
- GOOG-6.73%-0.71pp
- NFLX-12.41%-0.52pp
- VZ-6.72%-0.28pp
- T-5.83%-0.24pp
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+10.09%
- NWS+9.73%
- NWSA+9.64%
- VOD+8.37%
- FOX+7.67%
- SATS-20.61%
- PSKY-15.05%
- CAR-13.43%
- CLNX.MC-12.68%
- NFLX-12.41%
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% | 646.01 | -2.79% | -3.47% | +7.63% | -2.05% | 83 |
| GOOGL Alphabet Cl A | 13.27% | 346.77 | -2.17% | -2.91% | -7.09% | +10.87% | 22 |
| GOOG Alphabet Cl C | 10.54% | 346.12 | -2.17% | -2.51% | -6.73% | +10.38% | 25 |
| DIS Walt Disney Company | 4.53% | 97.67 | -2.05% | +2.14% | -3.56% | -14.15% | 42 |
| VZ Verizon Communications | 4.21% | 43.59 | -0.66% | +3.49% | -6.72% | +10.52% | 28 |
| NFLX Netflix Inc | 4.18% | 68.95 | -7.26% | -6.02% | -12.41% | -26.46% | 11 |
| T AT&T Inc | 4.12% | 21.81 | -0.77% | +3.22% | -5.83% | -10.24% | 33 |
| DTE Dte Energy Company | 3.06% | 148.19 | -0.48% | -1.38% | +0.35% | +15.80% | 56 |
| TMUS T-Mobile US | 2.38% | 192.43 | -0.22% | +2.57% | +4.38% | -4.77% | 78 |
| CMCSA Comcast Corp A | 2.37% | 23.79 | -1.29% | +0.93% | +0.55% | -13.08% | 58 |
| WBD Discovery Inc Series A | 1.77% | 26.87 | -1.54% | +1.05% | +1.02% | -6.77% | 67 |
| EA Electronic Arts Inc | 1.20% | 208.90 | +0.51% | +1.21% | +2.90% | +2.33% | 69 |
| TTWO Take-Two Interactive | 1.09% | 236.68 | -1.21% | -2.68% | +2.92% | -7.56% | 72 |
| ORA Ormat Technologies | 1.03% | 16.54 | +2.70% | +4.19% | -2.76% | +16.44% | 44 |
| VOD Vodafone Grp Plc ADR | 0.78% | 117.80 | +1.33% | +6.99% | +8.37% | +21.32% | 89 |
| LYV Live Nation Entertainment | 0.69% | 180.22 | +0.21% | +0.24% | +3.52% | +26.47% | 75 |
| UMG.AS UNIVERSAL MUSIC GROUP NV | 0.65% | 18.29 | -0.87% | -3.28% | -2.19% | -16.61% | 50 |
| OMC Omnicom Group Inc | 0.61% | 81.73 | -2.90% | -0.24% | +5.64% | +2.22% | 81 |
| SCMN.SW SWISSCOM AG | 0.58% | 634.00 | +1.44% | +2.51% | +0.63% | +14.45% | 61 |
| KPN.AS KONINKLIJKE KPN NV | 0.54% | 4.36 | +1.51% | +2.54% | +0.83% | +12.13% | 64 |
| T AT&T Inc | 0.51% | 21.81 | -0.77% | +3.22% | -5.83% | -10.24% | 33 |
| CLNX.MC CELLNEX TELECOM | 0.51% | 24.79 | -0.04% | -0.05% | -12.68% | -8.37% | 8 |
| TEF.MC Telefonica S.A. ADR | 0.49% | 3.62 | +0.58% | +2.61% | -2.45% | +3.58% | 47 |
| SATS Echostar Corp | 0.46% | 96.00 | -5.42% | -1.34% | -20.61% | -11.68% | 0 |
| CHTR Charter Communications | 0.34% | 131.37 | -1.47% | +0.49% | -7.34% | -37.07% | 19 |
| FOXA Fox Corp Cl A | 0.34% | 57.62 | +1.43% | +6.47% | +10.09% | -20.76% | 97 |
| TKO Tko Group Holdings Cl A | 0.33% | 185.13 | +0.19% | +0.40% | -7.45% | -11.06% | 14 |
| TELIA.ST TELIA COMPANY | 0.33% | 46.25 | +2.05% | +1.69% | -5.07% | +20.08% | 39 |
| TEL Te Connectivity Ltd | 0.28% | 203.31 | +0.37% | +1.47% | -6.31% | -10.02% | 31 |
| NWSA News Corp Cl A | 0.26% | 28.43 | -0.91% | +3.87% | +9.64% | +9.30% | 92 |
| TTD Trade Desk Inc | 0.25% | 18.59 | -2.77% | -4.81% | -1.95% | -51.03% | 53 |
| FOX Fox Corp Cl B | 0.21% | 51.63 | +1.08% | +5.91% | +7.67% | -20.06% | 86 |
| ELISA.HE ELISA | 0.18% | 35.22 | +1.62% | -0.97% | -7.41% | -5.32% | 17 |
| CAR Avis Budget Group | 0.18% | 160.57 | +2.70% | +2.80% | -13.43% | +25.13% | 6 |
| NWS News Corp Cl B | 0.10% | 32.42 | -0.37% | +4.82% | +9.73% | +9.82% | 94 |
| PSKY Paramount Skydance Corp Cl B | 0.08% | 8.75 | -4.27% | -7.01% | -15.05% | -34.36% | 3 |
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.