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 | -4.14% | -3 | +14pp | +1.13pp | Confirming ↓ |
| 1 month | -6.67% | -4.56 | +21pp | +2.15pp | Confirming ↓ |
| 1 quarter | -9.67% | -7.63 | -32pp | -3.86pp | Confirming ↓ |
Over the last 126 sessions: price down -8.84%, breadth down (-3.35/name) · % beating 65→49 · median−ETF +2.96pp→-0.07pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.72% | -0.82% | -0.10pp | 9 / 34 | 19 / 24 | 33 of 43 | ±0.87% |
| 5d | -4.14% | -4.46% | -0.32pp | 3 / 39 | 19 / 24 | 20 of 43 | ±2.33% |
| 21d | -6.68% | -6.65% | +0.03pp | 5 / 38 | 22 / 21 | 11 of 43 | ±7.58% |
| YTD | -2.03% | -1.40% | +0.64pp | 19 / 24 | 23 / 20 | 6 of 43 | ±17.93% |
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+0.65%+0.04pp
- H+1.11%+0.01pp
- UU.LSE+0.94%+0.01pp
- NTGY.MC+0.96%+0.01pp
- EDP.LS+0.63%+0pp
- NEE-1.82%-0.15pp
- NRG-2.85%-0.04pp
- DUK-0.82%-0.04pp
- CEG-0.86%-0.03pp
- XEL-1.56%-0.03pp
This month (21d)
- FORTUM.HE+16.95%+0.08pp
- IBE.MC+0.45%+0.03pp
- APA+5.63%+0.02pp
- EDP.LS+2.04%+0.01pp
- AES+0.81%+0pp
- NEE-9.54%-0.79pp
- PCG-32.90%-0.53pp
- SO-7.87%-0.36pp
- EIX-29.74%-0.36pp
- DUK-6.88%-0.29pp
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)
- FORTUM.HE+16.95%
- APA+5.63%
- EDP.LS+2.04%
- AES+0.81%
- IBE.MC+0.45%
- PCG-32.90%
- EIX-29.74%
- NRG-13.87%
- DTE-10.99%
- ES-10.18%
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% | 75.62 | -1.82% | -6.96% | -9.54% | -5.16% | 16 |
| IBE.MC IBERDROLA SA | 6.28% | 20.25 | +0.65% | -1.32% | +0.45% | +11.21% | 88 |
| SO Southern Company | 4.59% | 82.89 | -0.69% | -4.46% | -7.87% | -4.20% | 30 |
| DUK Duke Energy Corp | 4.29% | 113.23 | -0.82% | -4.48% | -6.88% | -2.57% | 44 |
| CEG Constellation Energy Corp | 3.94% | 261.62 | -0.86% | -0.45% | -6.03% | -25.84% | 56 |
| NG.LSE NATIONAL GRID PLC | 3.77% | 1135.50 | +0.09% | -1.90% | -4.22% | +2.06% | 70 |
| AEP American Electric Power | 3.10% | 117.57 | -0.70% | -3.33% | -4.24% | +2.77% | 67 |
| SRE Sempra | 2.64% | 77.74 | -0.77% | -4.61% | -7.49% | -11.34% | 35 |
| ENGI.PA ENGIE SA | 2.59% | 23.42 | -0.93% | -3.42% | -6.17% | +9.78% | 51 |
| D Dominion Energy Inc | 2.58% | 60.40 | -1.26% | -6.05% | -8.85% | +5.23% | 21 |
| ETR Entergy Corp | 2.25% | 98.16 | -1.08% | -4.98% | -7.61% | +7.48% | 33 |
| XEL XCEL Energy Inc | 2.10% | 69.56 | -1.56% | -5.53% | -9.88% | -5.13% | 14 |
| VST Vistra Energy Corp | 2.09% | 137.94 | -0.02% | -3.76% | -0.78% | -14.38% | 86 |
| EXC Exelon Corp | 2.05% | 40.20 | -1.20% | -5.72% | -8.41% | -6.99% | 28 |
| PEG Public Service Enterprise Group | 1.73% | 66.56 | -1.11% | -6.23% | -9.17% | -16.44% | 19 |
| ED Consolidated Edison Company | 1.72% | 102.71 | +0.10% | -4.08% | -4.09% | +5.10% | 72 |
| WEC Wisconsin Energy Corp | 1.61% | 100.90 | -0.27% | -3.66% | -5.41% | -2.69% | 60 |
| PCG Pacific Gas & Electric Company | 1.60% | 12.32 | -0.73% | -7.92% | -32.90% | -23.12% | 0 |
| AEE Ameren Corp | 1.34% | 99.20 | -0.54% | -4.52% | -7.14% | +0.01% | 42 |
| DTE Dte Energy Company | 1.32% | 121.18 | -1.39% | -6.25% | -10.99% | -5.31% | 7 |
| ATO Atmos Energy Corp | 1.30% | 156.42 | +0.12% | -3.46% | -6.65% | -5.64% | 49 |
| NRG NRG Energy | 1.29% | 97.85 | -2.85% | -7.89% | -13.87% | -38.17% | 5 |
| CNP Centerpoint Energy | 1.22% | 36.82 | -0.91% | -4.51% | -5.42% | -2.91% | 58 |
| EIX Edison International | 1.20% | 52.54 | -1.81% | -5.33% | -29.74% | -10.10% | 2 |
| PPL PPL Corp | 1.19% | 31.97 | -0.87% | -4.85% | -8.63% | -8.03% | 26 |
| ES Eversource Energy | 1.16% | 63.80 | -1.71% | -6.43% | -10.18% | -3.11% | 9 |
| AWK American Water Works | 1.07% | 131.53 | -1.15% | -4.85% | -4.41% | +2.20% | 65 |
| FE Firstenergy Corp | 1.05% | 43.19 | -1.05% | -5.55% | -7.36% | -1.60% | 40 |
| NI NiSource Inc | 1.01% | 39.12 | -0.33% | -4.38% | -3.76% | -5.09% | 74 |
| CMS Cms Energy Corp | 1.00% | 62.77 | -0.60% | -5.18% | -8.68% | -8.86% | 23 |
| EVRG Evergy Inc | 0.86% | 77.66 | -0.97% | -3.93% | -4.61% | +8.94% | 63 |
| LNT Alliant Energy Corp | 0.83% | 63.31 | -0.60% | -5.00% | -7.36% | -1.09% | 37 |
| EDP.LS EDP ENERGIAS DE PORTUGAL SA | 0.69% | 4.79 | +0.63% | -1.20% | +2.04% | +28.17% | 93 |
| UU.LSE UNITED UTILITIES GROUP PLC | 0.60% | 1398.00 | +0.94% | +0.43% | -2.65% | +17.09% | 79 |
| H Hyatt Hotels Corp | 0.60% | 159.03 | +1.11% | +2.73% | -10.08% | -0.63% | 12 |
| CNA CNA Financial Corp | 0.54% | 46.11 | -2.12% | -4.34% | -6.17% | -1.40% | 53 |
| PNW Pinnacle West Capital Corp | 0.54% | 91.08 | -1.05% | -4.72% | -6.75% | +4.61% | 47 |
| ORSTED.CO ORSTED A/S | 0.53% | 135.75 | -1.99% | -0.15% | -3.62% | +10.95% | 77 |
| NTGY.MC NATURGY ENERGY GROUP SA | 0.53% | 29.50 | +0.96% | -1.40% | -0.87% | +15.90% | 81 |
| FORTUM.HE FORTUM | 0.47% | 23.67 | -0.92% | -3.11% | +16.95% | +34.76% | 98 |
| AES The Aes Corp | 0.47% | 14.85 | +0.27% | +0.00% | +0.81% | +6.07% | 91 |
| APA Apa Corp | 0.43% | 43.68 | -0.05% | -3.92% | +5.63% | +81.48% | 95 |
| RED.MC REDEIA CORPORACION SA | 0.21% | 15.10 | -0.07% | +0.07% | -0.85% | +0.86% | 84 |
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 2026-09-24: over 21 sessions the fund returned -6.68% while its median constituent returned -6.65% — a dispersion of 7.58 pp; 51% of 43 members beat the fund. Broad decline - breadth is falling with price.
How did JXI's members trade in the last session?
As of 2026-09-24: fund -0.72%, median member -0.82%, 9 advancers vs 34 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.