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Constituent dispersion · breadth vs the index

JXI — Global Utilities

43/66 covered · 79% by weight · benchmark: JXI price · closes through 2026-07-24 ·holdings as of 2026-06-16

Concentration 31.57% in top 5 27.93 effective names · HHI 358
RS vs S&P 500 21d +1.52pp sector return − SPY
RS vs Nasdaq-100 21d +6.01pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +2.3% · A/D +48 (+1.12/name)
JXI 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.

HorizonPriceA/D /name% beating ΔMedian−ETF ΔRead
1 week +1.61% +0.98 -7pp -0.62pp Confirming ↑
1 month +2.30% +1.12 -37pp -4.20pp Confirming ↑
1 quarter -1.20% +2.84 -2pp +0.13pp Improving

Over the last 126 sessions: price up +8.20%, breadth up (+11.56/name) · % beating 53→42 · median−ETF +0.26pp→-0.71pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +0.16% +0.38% +0.22pp 31 / 12 27 / 16 37 of 43 ±0.94%
5d +1.61% +1.86% +0.25pp 37 / 6 22 / 21 16 of 43 ±2.25%
21d +2.30% +1.53% -0.76pp 33 / 10 17 / 26 11 of 43 ±3.5%
YTD +9.76% +13.77% +4.00pp 41 / 2 32 / 11 1 of 43 ±11.45%

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)

  • IBE.MC+0.71%+0.04pp
  • DUK+0.97%+0.04pp
  • SO+0.67%+0.03pp
  • PCG+1.77%+0.03pp
  • XEL+1.11%+0.02pp
  • VST-3.31%-0.07pp
  • CEG-0.45%-0.02pp
  • NRG-1.37%-0.02pp
  • D-0.50%-0.01pp
  • SRE-0.49%-0.01pp

This month (21d)

  • NEE+2.47%+0.2pp
  • DUK+3.15%+0.14pp
  • CEG+2.38%+0.09pp
  • EIX+7.45%+0.09pp
  • CNA+14.32%+0.08pp
  • IBE.MC-1.16%-0.07pp
  • NG.LSE-1.24%-0.05pp
  • PEG-2.61%-0.05pp
  • H-5.16%-0.03pp
  • CMS-2.34%-0.02pp

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)

  • CNA+14.32%
  • APA+8.46%
  • NTGY.MC+8.06%
  • EIX+7.45%
  • RED.MC+5.87%
  • H-5.16%
  • PEG-2.61%
  • CMS-2.34%
  • NI-1.99%
  • PPL-1.90%

JXI — constituent leadership race

$100 in each covered JXI constituent at 2025-12-30, rebased to 100. Watch leadership change hands.

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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 — 43 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
NEE Nextera Energy 8.26% 89.78 -0.01% +1.10% +2.47% +12.60% 63
IBE.MC IBERDROLA SA 6.28% 21.21 +0.71% -0.19% -1.16% +16.48% 14
SO Southern Company 4.59% 97.25 +0.67% +2.05% +1.53% +12.40% 49
DUK Duke Energy Corp 4.29% 130.52 +0.97% +4.41% +3.15% +12.30% 70
CEG Constellation Energy Corp 3.94% 274.35 -0.45% +8.70% +2.38% -22.24% 60
NG.LSE NATIONAL GRID PLC 3.77% 1237.50 +0.28% -1.55% -1.24% +11.22% 12
AEP American Electric Power 3.10% 135.54 +0.46% +2.57% +0.43% +18.47% 33
SRE Sempra 2.64% 92.98 -0.49% +0.79% +0.99% +6.05% 40
ENGI.PA ENGIE SA 2.59% 27.79 +0.25% +3.46% +2.70% +30.27% 67
D Dominion Energy Inc 2.58% 71.10 -0.50% +0.08% +2.66% +23.87% 65
ETR Entergy Corp 2.25% 115.95 +0.13% +2.39% +1.10% +26.96% 44
XEL XCEL Energy Inc 2.10% 81.67 +1.11% +3.68% +0.25% +11.39% 26
VST Vistra Energy Corp 2.09% 163.38 -3.31% +5.11% +0.31% +1.41% 28
EXC Exelon Corp 2.05% 47.53 +0.53% +2.75% +1.34% +9.97% 47
PEG Public Service Enterprise Group 1.73% 79.81 +0.05% +1.49% -2.61% +0.19% 2
ED Consolidated Edison Company 1.72% 113.01 +0.20% +0.57% +2.07% +15.64% 56
WEC Wisconsin Energy Corp 1.61% 115.77 +0.92% +2.13% +0.14% +11.65% 23
PCG Pacific Gas & Electric Company 1.60% 17.85 +1.77% +3.06% +4.57% +11.40% 81
AEE Ameren Corp 1.34% 113.78 +0.45% +2.00% +0.41% +14.71% 30
DTE Dte Energy Company 1.32% 149.46 +0.90% +0.86% -1.09% +16.79% 16
ATO Atmos Energy Corp 1.30% 179.22 +0.66% +0.87% +3.84% +8.12% 72
NRG NRG Energy 1.29% 141.03 -1.37% +9.23% -0.83% -10.89% 21
CNP Centerpoint Energy 1.22% 44.56 +0.75% +3.32% +1.60% +17.50% 53
EIX Edison International 1.20% 79.75 +0.14% +2.73% +7.45% +36.46% 91
PPL PPL Corp 1.19% 36.22 -0.06% +1.03% -1.90% +4.20% 9
ES Eversource Energy 1.16% 74.91 +0.39% +0.39% +4.46% +13.77% 79
AWK American Water Works 1.07% 134.66 +0.19% -0.33% +3.87% +4.63% 74
FE Firstenergy Corp 1.05% 49.92 +0.87% +2.86% +4.39% +13.73% 77
NI NiSource Inc 1.01% 46.68 -0.15% +1.52% -1.99% +13.25% 7
CMS Cms Energy Corp 1.00% 74.70 +0.74% +1.43% -2.34% +8.46% 5
EVRG Evergy Inc 0.86% 87.18 +0.61% +1.86% +1.58% +22.29% 51
LNT Alliant Energy Corp 0.83% 74.94 +0.70% +0.16% -0.86% +17.08% 19
EDP.LS EDP ENERGIAS DE PORTUGAL SA 0.69% 4.60 -0.43% +1.90% +2.17% +23.10% 58
UU.LSE UNITED UTILITIES GROUP PLC 0.60% 1368.00 +0.29% -0.51% +5.31% +14.57% 86
H Hyatt Hotels Corp 0.60% 187.13 +1.91% -1.85% -5.16% +16.93% 0
CNA CNA Financial Corp 0.54% 53.66 +2.76% +2.66% +14.32% +14.75% 98
PNW Pinnacle West Capital Corp 0.54% 106.06 +0.60% -1.55% +0.65% +21.82% 37
ORSTED.CO ORSTED A/S 0.53% 149.85 -0.37% +0.10% +0.64% +22.48% 35
NTGY.MC NATURGY ENERGY GROUP SA 0.53% 30.04 +0.94% +4.16% +8.06% +18.02% 93
FORTUM.HE FORTUM 0.47% 20.50 -1.01% +3.09% +5.21% +16.71% 84
AES The Aes Corp 0.47% 14.84 +0.07% +0.47% +1.09% +6.00% 42
APA Apa Corp 0.43% 36.15 -0.74% +3.36% +8.46% +50.20% 95
RED.MC REDEIA CORPORACION SA 0.21% 15.72 +0.38% +0.83% +5.87% +5.00% 88

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.

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Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.