Constituent dispersion · breadth vs the index
JXI — Global Utilities
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 | -0.66% | +0.12 | +11pp | +1.95pp | Improving |
| 1 month | -1.56% | +0 | +4pp | +0.93pp | In line |
| 1 quarter | -2.43% | +1.09 | -28pp | -0.98pp | Improving |
Over the last 126 sessions: price down -5.73%, breadth up (+1.51/name) · % beating 60→44 · median−ETF +1.78pp→-0.23pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.67% | +0.75% | +0.08pp | 32 / 10 | 25 / 18 | 35 of 43 | ±1.17% |
| 5d | -0.66% | +0.40% | +1.05pp | 26 / 17 | 30 / 13 | 11 of 43 | ±5.28% |
| 21d | -1.56% | -1.79% | -0.23pp | 11 / 32 | 19 / 24 | 15 of 43 | ±6.71% |
| YTD | +3.52% | +5.43% | +1.90pp | 34 / 9 | 26 / 17 | 7 of 43 | ±15.54% |
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)
- NEE+1.16%+0.1pp
- PCG+4.73%+0.08pp
- DUK+0.70%+0.03pp
- D+1.12%+0.03pp
- AEP+0.92%+0.03pp
- CEG-1.72%-0.07pp
- FORTUM.HE-3.18%-0.01pp
- ENGI.PA-0.50%-0.01pp
- NTGY.MC-1.01%-0.01pp
- EDP.LS-0.73%-0.01pp
This month (21d)
- CEG+7.52%+0.3pp
- APA+27.47%+0.12pp
- AWK+5.71%+0.06pp
- VST+2.59%+0.05pp
- ETR+1.46%+0.03pp
- PCG-18.84%-0.3pp
- ENGI.PA-10.09%-0.26pp
- IBE.MC-4.03%-0.25pp
- SO-4.65%-0.21pp
- EIX-17.59%-0.21pp
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)
- APA+27.47%
- CEG+7.52%
- FORTUM.HE+6.59%
- AWK+5.71%
- EDP.LS+3.72%
- PCG-18.84%
- EIX-17.59%
- ENGI.PA-10.09%
- H-7.56%
- NRG-7.36%
JXI — constituent leadership race
$100 in each covered JXI 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 — 43 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| NEE Nextera Energy | 8.26% | 84.06 | +1.16% | +1.46% | -2.15% | +5.42% | 44 |
| IBE.MC IBERDROLA SA | 6.28% | 19.75 | +0.43% | -1.55% | -4.03% | +8.47% | 16 |
| SO Southern Company | 4.59% | 88.77 | +0.52% | -0.31% | -4.65% | +2.60% | 14 |
| DUK Duke Energy Corp | 4.29% | 121.40 | +0.70% | +0.46% | -0.71% | +4.46% | 63 |
| CEG Constellation Energy Corp | 3.94% | 285.05 | -1.72% | +0.93% | +7.52% | -19.20% | 95 |
| NG.LSE NATIONAL GRID PLC | 3.77% | 1146.00 | -0.13% | -3.09% | -3.54% | +3.00% | 19 |
| AEP American Electric Power | 3.10% | 124.71 | +0.92% | +1.63% | -0.64% | +9.01% | 65 |
| SRE Sempra | 2.64% | 84.57 | +0.93% | -0.21% | -0.11% | -3.55% | 72 |
| ENGI.PA ENGIE SA | 2.59% | 23.79 | -0.50% | -1.29% | -10.09% | +11.52% | 5 |
| D Dominion Energy Inc | 2.58% | 66.79 | +1.12% | +0.44% | -2.17% | +16.36% | 42 |
| ETR Entergy Corp | 2.25% | 107.78 | +0.96% | +1.21% | +1.46% | +18.01% | 81 |
| XEL XCEL Energy Inc | 2.10% | 76.34 | +1.10% | -1.06% | -1.11% | +4.12% | 60 |
| VST Vistra Energy Corp | 2.09% | 144.22 | +0.53% | +3.15% | +2.59% | -10.48% | 86 |
| EXC Exelon Corp | 2.05% | 44.53 | +1.27% | +1.30% | -2.69% | +3.03% | 35 |
| PEG Public Service Enterprise Group | 1.73% | 73.81 | +0.67% | +0.65% | -2.29% | -7.34% | 40 |
| ED Consolidated Edison Company | 1.72% | 108.75 | +1.00% | +1.93% | +0.40% | +11.28% | 74 |
| WEC Wisconsin Energy Corp | 1.61% | 106.70 | +0.92% | +0.40% | -0.58% | +2.90% | 70 |
| PCG Pacific Gas & Electric Company | 1.60% | 13.96 | +4.73% | -22.23% | -18.84% | -12.88% | 0 |
| AEE Ameren Corp | 1.34% | 106.41 | +0.49% | -0.32% | -2.33% | +7.28% | 37 |
| DTE Dte Energy Company | 1.32% | 137.07 | +0.75% | +0.61% | -1.85% | +7.11% | 47 |
| ATO Atmos Energy Corp | 1.30% | 169.12 | +0.86% | +1.14% | -1.79% | +2.02% | 49 |
| NRG NRG Energy | 1.29% | 111.84 | +0.68% | -2.25% | -7.36% | -29.33% | 9 |
| CNP Centerpoint Energy | 1.22% | 39.98 | +1.19% | +1.76% | -1.65% | +5.43% | 53 |
| EIX Edison International | 1.20% | 56.30 | +2.01% | -23.59% | -17.59% | -3.67% | 2 |
| PPL PPL Corp | 1.19% | 35.11 | +1.65% | +1.95% | +0.46% | +1.01% | 77 |
| ES Eversource Energy | 1.16% | 71.47 | +1.46% | +0.78% | -1.38% | +8.54% | 56 |
| AWK American Water Works | 1.07% | 140.89 | +1.00% | +3.07% | +5.71% | +9.47% | 91 |
| FE Firstenergy Corp | 1.05% | 47.04 | +1.62% | +1.71% | -0.59% | +7.17% | 67 |
| NI NiSource Inc | 1.01% | 41.66 | +1.24% | +1.71% | -2.91% | +1.07% | 33 |
| CMS Cms Energy Corp | 1.00% | 68.59 | +0.78% | +0.35% | -3.42% | -0.41% | 23 |
| EVRG Evergy Inc | 0.86% | 81.93 | +1.44% | +0.63% | -1.36% | +14.93% | 58 |
| LNT Alliant Energy Corp | 0.83% | 68.00 | +0.38% | -0.31% | -3.13% | +6.24% | 30 |
| EDP.LS EDP ENERGIAS DE PORTUGAL SA | 0.69% | 4.63 | -0.73% | -0.71% | +3.72% | +23.87% | 88 |
| UU.LSE UNITED UTILITIES GROUP PLC | 0.60% | 1361.00 | -0.07% | -5.22% | -3.20% | +13.99% | 28 |
| H Hyatt Hotels Corp | 0.60% | 165.39 | +0.22% | -4.55% | -7.56% | +3.34% | 7 |
| CNA CNA Financial Corp | 0.54% | 49.16 | +1.24% | +0.49% | -6.08% | +5.13% | 12 |
| PNW Pinnacle West Capital Corp | 0.54% | 98.00 | +0.64% | +0.11% | -3.45% | +12.56% | 21 |
| ORSTED.CO ORSTED A/S | 0.53% | 135.00 | +0.00% | -4.46% | -1.75% | +10.34% | 51 |
| NTGY.MC NATURGY ENERGY GROUP SA | 0.53% | 29.30 | -1.01% | -1.08% | +2.23% | +15.11% | 84 |
| FORTUM.HE FORTUM | 0.47% | 20.38 | -3.18% | +0.39% | +6.59% | +16.03% | 93 |
| AES The Aes Corp | 0.47% | 14.78 | -0.14% | +0.20% | +0.54% | +5.57% | 79 |
| APA Apa Corp | 0.43% | 44.18 | -1.16% | +4.25% | +27.47% | +83.56% | 98 |
| RED.MC REDEIA CORPORACION SA | 0.21% | 14.87 | -0.27% | -2.17% | -3.25% | -0.68% | 26 |
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.
FAQ · from the current data
JXI dispersion — data Q&A
Is JXI's move broad or carried by a few names (21 sessions)?
As of 2026-09-03: over 21 sessions the fund returned -1.56% while its median constituent returned -1.79% — a dispersion of 6.71 pp; 44% of 43 members beat the fund. Breadth is roughly tracking price.
How did JXI's members trade in the last session?
As of 2026-09-03: fund +0.67%, median member +0.75%, 32 advancers vs 10 decliners.
What does the dispersion page for JXI measure?
It splits the fund into its members: the fund's own return against the median constituent, how many members beat the fund, advancers vs decliners, and a cumulative advance/decline line that tends to lead price. A firm fund price with a weak median and a falling A/D line is a narrow, top-heavy tape; a broad move shows the median keeping up. 43 constituents covered, re-baked nightly from the Closelook lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.