Constituent dispersion · breadth vs the index

KXI — Global Staples

59/91 covered · 78% by weight · benchmark: KXI price · closes through 2026-08-14 ·holdings as of 2026-06-16

Concentration 38.52% in top 5 21.51 effective names · HHI 465
RS vs S&P 500 21d -3.51pp sector return − SPY
RS vs Nasdaq-100 21d -3.66pp sector return − QQQ
Improving below the surface - the A/D line is rising while price is flat-to-down; more names participating than the headline shows. Last 21 sessions — price -0.1% · A/D +1 (+0.02/name)
KXI 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 -0.17% -0.17 +10pp +0.84pp Weakening
1 month -0.10% +0.02 -2pp -0.70pp Improving
1 quarter +0.68% +2.15 +27pp +3.73pp Improving

Over the last 126 sessions: price down -5.25%, breadth down (-2.98/name) · % beating 44→59 · median−ETF -1.11pp→+0.83pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.09% -0.02% +0.07pp 28 / 30 32 / 27 44 of 59 ±0.96%
5d -0.17% +0.52% +0.69pp 32 / 27 32 / 27 12 of 59 ±2.87%
21d -0.10% +0.82% +0.92pp 35 / 23 35 / 23 12 of 58 ±6.01%
YTD +7.38% +6.66% -0.72pp 36 / 22 25 / 33 6 of 58 ±17.44%

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)

  • PM+0.78%+0.04pp
  • MO+0.95%+0.03pp
  • TSN+3.16%+0.02pp
  • KO+0.33%+0.01pp
  • STZ+2.08%+0.01pp
  • WMT-0.39%-0.03pp
  • ULVR.LSE-0.84%-0.03pp
  • CL-1.05%-0.02pp
  • RKT-1.86%-0.02pp
  • BN-1.09%-0.01pp

This month (21d)

  • TSCO+15.54%+0.16pp
  • TGT+10.18%+0.15pp
  • KO+3.29%+0.15pp
  • DGE.LSE+11.65%+0.15pp
  • COST+1.80%+0.14pp
  • MO-10.04%-0.33pp
  • PG-3.88%-0.21pp
  • NESN.SW-4.13%-0.19pp
  • BN-7.59%-0.09pp
  • IMB.LSE-6.99%-0.05pp

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)

  • SAP+28.66%
  • TSCO+15.54%
  • DGE.LSE+11.65%
  • KESKOB.HE+10.21%
  • TGT+10.18%
  • MO-10.04%
  • BN-7.59%
  • IMB.LSE-6.99%
  • HRL-4.55%
  • NESN.SW-4.13%

KXI — constituent leadership race

$100 in each covered KXI 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 — 59 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
WMT Walmart Inc 8.73% 115.27 -0.39% +3.06% +0.28% +3.68% 43
COST Costco Wholesale 7.65% 961.10 -0.08% +1.40% +1.80% +11.77% 59
PG Procter & Gamble Company 5.47% 144.55 +0.20% -0.85% -3.88% +2.35% 10
KO Coca-Cola Company 4.52% 87.71 +0.33% +0.76% +3.29% +26.32% 74
NESN.SW NESTLE SA 4.50% 81.01 -0.07% -0.25% -4.13% +7.08% 7
PM Philip Morris International 4.50% 190.39 +0.78% +0.43% +0.29% +19.76% 45
PEP Pepsico Inc 4.37% 140.79 +0.12% +1.27% +0.98% -1.03% 53
ULVR.LSE UNILEVER PLC 3.33% 4589.50 -0.84% -1.72% -0.89% -3.92% 33
MO Altria Group 3.30% 65.70 +0.95% -3.88% -10.04% +15.85% 0
MDLZ Mondelez Intl Inc 2.10% 63.61 +0.13% +1.60% +3.57% +19.19% 78
CL Colgate-Palmolive Company 1.94% 91.95 -1.05% -1.42% -1.69% +17.80% 26
MNST Monster Beverage Corp 1.64% 46.82 +0.30% +3.63%
TGT Target Corp 1.52% 154.48 -0.66% +3.99% +10.18% +61.15% 91
DGE.LSE DIAGEO PLC 1.26% 1764.00 +0.68% -1.45% +11.65% +11.13% 95
BN Brookfield Corp 1.25% 67.24 -1.09% -1.44% -7.59% -9.29% 2
RKT Rocket Companies Inc Cl A 1.09% 14.76 -1.86% +7.58% -0.94% -23.76% 29
TSCO Tractor Supply Company 1.06% 35.83 -0.94% +3.67% +15.54% -27.45% 97
KDP Keurig Dr Pepper Inc 1.04% 31.44 +1.03% +4.77% +0.19% +14.17% 41
KR Kroger Company 1.04% 56.69 -0.26% +0.62% -3.28% -8.33% 12
ADM Archer Daniels Midland 0.99% 80.45 +0.37% +5.04% -3.07% +41.92% 14
SYY Sysco Corp 0.98% 82.99 -0.67% -1.54% +0.90% +14.31% 50
KVUE Kenvue Inc 0.89% 19.20 +0.00% +0.96% +0.95% +13.94% 52
KMB Kimberly-Clark Corp 0.87% 110.39 -0.28% +0.65% +1.28% +12.29% 55
CASY Casey's General Stor 0.82% 846.45 -0.86% +1.50% +2.35% +53.39% 67
HSY Hershey Foods Corp 0.75% 184.22 -1.02% +1.82% +5.44% +2.68% 81
IMB.LSE IMPERIAL BRANDS PLC 0.75% 2609.00 -1.29% -6.52% -6.99% -12.76% 3
L Loews Corp 0.67% 113.03 +0.28% -2.16% -0.76% +7.45% 34
DG Dollar General Corp 0.62% 123.28 +0.98% -2.61% -3.05% -6.31% 16
CHD Church & Dwight Company 0.60% 101.30 -0.02% -1.58% +2.20% +21.58% 62
HEIA.AS HEINEKEN NV 0.59% 73.52 -0.51% -4.69% -4.07% +7.28% 9
STZ Constellation Brands 0.56% 139.18 +2.08% +2.52% +2.55% +2.22% 72
KHC Kraft Heinz Company 0.54% 25.51 +0.51% +0.75% -2.74% +6.96% 19
EL Estee Lauder Companies 0.52% 86.10 -1.40% -2.55% +3.94% -17.20% 79
TSN Tyson Foods 0.50% 58.17 +3.16% +0.22% +0.59% +0.88% 47
GIS General Mills 0.48% 39.20 +0.75% +6.26% +1.29% -13.07% 57
DLTR Dollar Tree Inc 0.47% 129.39 -0.11% -1.15% +0.73% +5.19% 48
BG Bunge Ltd 0.43% 113.69 +0.85% +4.90% -1.85% +29.13% 24
ESSITY-B.ST ESSITY CLASS B 0.43% 278.20 +0.29% -1.42% +2.39% +8.71% 71
RI.PA PERNOD RICARD SA 0.40% 69.16 +1.20% -1.65% +8.62% -5.39% 88
KRZ.IR KERRY GROUP PLC 0.37% 83.95 +0.12% +1.02% -0.71% +7.63% 36
LISN.SW CHOCOLADEFABRIKEN LINDT & SPRUENGL 0.35% 95800.00 -0.62% -1.14% -2.84% -16.29% 17
CARL-B.CO CARLSBERG AS CL B 0.32% 929.40 +1.44% -2.11% -0.58% +15.04% 38
MKC Mccormick & Company 0.32% 54.67 +0.40% +3.23% +3.35% -19.02% 76
LISP.SW CHOCOLADEFABRIKEN LINDT & SPRUENGL 0.31% 9400.00 -0.90% -1.93% -2.49% -17.45% 21
CLX Clorox Company 0.31% 105.70 -0.79% +1.70% +7.08% +7.33% 84
SJM J.M. Smucker Company 0.29% 121.39 +0.63% +1.97% +6.51% +26.74% 83
MOWI.OL MOWI 0.26% 202.00 -0.79% +1.25% +2.07% -15.43% 60
MKS.LSE MARKS AND SPENCER GROUP PLC 0.26% 383.50 -1.84% -6.17% +0.08% +17.17% 40
ORK.OL ORKLA 0.23% 103.60 -0.48% -1.61% -2.45% -4.72% 22
HEIO.AS HEINEKEN HOLDING NV 0.22% 69.70 -0.43% -4.06% -0.92% +12.01% 31
SAP SAP Ag ADR 0.19% 207.97 -0.63% +0.88% +28.66% -14.38% 98
TAP Molson Coors Brewing 0.19% 42.77 +1.54% -1.38% +2.37% -6.32% 69
ABF.LSE ASSOCIATED BRITISH FOODS PLC 0.19% 2052.00 -0.63% -3.66% +2.29% -2.45% 64
KESKOB.HE KESKO CLASS B 0.17% 21.70 +0.65% +1.12% +10.21% +15.39% 93
CAG Conagra Brands 0.17% 15.62 +1.49% +3.38% +7.95% -5.66% 86
HRL Hormel Foods Corp 0.16% 24.54 +0.41% -1.92% -4.55% +6.36% 5
BARN.SW BARRY CALLEBAUT AG 0.14% 1136.00 -0.61% +0.89% -1.22% -11.02% 28
BF-B BROWN FORMAN CORP CLASS B 0.12% 28.42 +1.39% -0.35% +9.48% +10.06% 90
CPB The Campbell's Company 0.10% 23.17 -0.47% +0.52% +2.30% -14.11% 66

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.