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Constituent dispersion · breadth vs the index

KXI — Global Staples

59/91 covered · 78% by weight · benchmark: KXI price · closes through 2026-07-24 ·holdings as of 2026-06-16

Concentration 38.52% in top 5 21.51 effective names · HHI 465
RS vs S&P 500 21d -1.19pp sector return − SPY
RS vs Nasdaq-100 21d +3.30pp sector return − QQQ
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price -0.41% · A/D -9 (-0.15/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 -1.89% -0.61 -5pp -0.78pp Confirming ↓
1 month -0.41% -0.15 -8pp -1.78pp Weakening
1 quarter -0.10% +0.47 +14pp +1.72pp Improving

Over the last 126 sessions: price up +0.86%, breadth up (+0.15/name) · % beating 44→56 · median−ETF -1.08pp→+0.77pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +1.06% +1.22% +0.17pp 50 / 9 33 / 26 40 of 59 ±1.4%
5d -1.89% -0.98% +0.91pp 20 / 39 37 / 22 15 of 59 ±2.84%
21d -0.41% +0.03% +0.44pp 31 / 28 34 / 25 12 of 59 ±5.08%
YTD +5.10% +1.00% -4.10pp 30 / 29 27 / 32 2 of 59 ±19.29%

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)

  • COST+1.13%+0.09pp
  • WMT+0.99%+0.09pp
  • NESN.SW+1.74%+0.08pp
  • KO+1.33%+0.06pp
  • PG+1.05%+0.06pp
  • CASY-1.56%-0.01pp
  • ADM-0.50%0pp
  • BG-0.63%0pp
  • CARL-B.CO-0.72%0pp
  • MKC-0.46%0pp

This month (21d)

  • PM+8.85%+0.4pp
  • ADM+14.44%+0.14pp
  • KO+2.05%+0.09pp
  • KHC+11.90%+0.06pp
  • CASY+7.52%+0.06pp
  • WMT-8.01%-0.7pp
  • COST-2.71%-0.21pp
  • PEP-3.96%-0.17pp
  • PG-3.05%-0.17pp
  • NESN.SW-3.40%-0.15pp

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)

  • ADM+14.44%
  • KHC+11.90%
  • BG+11.51%
  • PM+8.85%
  • CAG+8.52%
  • RKT-11.41%
  • STZ-8.99%
  • WMT-8.01%
  • BF-B-6.19%
  • LISN.SW-5.66%

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% 109.47 +0.99% -4.18% -8.01% -1.54% 3
COST Costco Wholesale 7.65% 935.03 +1.13% -0.46% -2.71% +8.74% 29
PG Procter & Gamble Company 5.47% 147.41 +1.05% -0.98% -3.05% +4.37% 25
KO Coca-Cola Company 4.52% 82.25 +1.33% +0.85% +2.05% +18.46% 64
NESN.SW NESTLE SA 4.50% 80.67 +1.74% -5.70% -3.40% +6.63% 20
PM Philip Morris International 4.50% 193.00 +0.98% +0.01% +8.85% +21.40% 93
PEP Pepsico Inc 4.37% 136.64 +1.25% -0.35% -3.96% -3.94% 17
ULVR.LSE UNILEVER PLC 3.33% 4575.50 +0.72% -2.09% -0.09% -4.22% 46
MO Altria Group 3.30% 72.99 +1.26% -1.64% +1.28% +28.71% 63
MDLZ Mondelez Intl Inc 2.10% 60.52 +0.78% -0.79% -1.15% +13.40% 36
CL Colgate-Palmolive Company 1.94% 90.75 +0.74% -1.84% -1.23% +16.27% 34
MNST Monster Beverage Corp 1.64% 93.49 -0.07% -4.11% -1.28% +21.94% 32
TGT Target Corp 1.52% 136.78 +1.71% -2.02% -3.13% +42.69% 24
DGE.LSE DIAGEO PLC 1.26% 1562.50 +1.43% -0.73% +0.03% -1.57% 49
BN Brookfield Corp 1.25% 70.00 +2.28% -4.08% +0.03% -5.57% 47
RKT Rocket Companies Inc Cl A 1.09% 13.05 +2.11% -10.25% -11.41% -32.59% 0
TSCO Tractor Supply Company 1.06% 31.02 +2.31% +1.67% +3.19% -37.19% 73
KDP Keurig Dr Pepper Inc 1.04% 29.68 +0.03% -3.98% -4.80% +7.78% 10
KR Kroger Company 1.04% 56.87 +1.99% -3.32% -2.75% -8.04% 27
ADM Archer Daniels Midland 0.99% 85.92 -0.50% +0.02% +14.44% +51.57% 98
SYY Sysco Corp 0.98% 83.11 +1.69% +1.74% +3.81% +14.47% 76
KVUE Kenvue Inc 0.89% 19.28 +2.01% +1.58% +2.55% +14.41% 69
KMB Kimberly-Clark Corp 0.87% 109.70 +2.23% +1.25% +2.78% +11.59% 71
CASY Casey's General Stor 0.82% 861.63 -1.56% +0.29% +7.52% +56.15% 90
HSY Hershey Foods Corp 0.75% 174.30 +1.25% +1.68% -4.77% -2.85% 12
IMB.LSE IMPERIAL BRANDS PLC 0.75% 2823.00 +0.93% -1.64% +2.10% -5.60% 66
L Loews Corp 0.67% 117.90 +1.96% +3.01% +5.34% +12.08% 83
DG Dollar General Corp 0.62% 117.23 +1.80% -6.78% -1.63% -10.91% 31
CHD Church & Dwight Company 0.60% 97.64 +1.51% -0.44% -1.04% +17.19% 37
HEIA.AS HEINEKEN NV 0.59% 76.42 +0.92% -1.06% +4.37% +11.51% 78
STZ Constellation Brands 0.56% 130.16 +0.69% -2.04% -8.99% -4.41% 2
KHC Kraft Heinz Company 0.54% 25.67 +1.22% -0.81% +11.90% +7.63% 97
EL Estee Lauder Companies 0.52% 80.29 +0.46% -2.24% -3.58% -22.79% 19
TSN Tyson Foods 0.50% 57.45 +1.23% -0.55% -0.62% -0.37% 41
GIS General Mills 0.48% 36.03 +1.35% -5.11% +3.53% -20.10% 75
DLTR Dollar Tree Inc 0.47% 120.45 +2.38% -4.36% +0.92% -2.08% 56
BG Bunge Ltd 0.43% 121.53 -0.63% +2.00% +11.51% +38.04% 95
ESSITY-B.ST ESSITY CLASS B 0.43% 276.30 +0.80% -2.30% -0.36% +7.96% 42
RI.PA PERNOD RICARD SA 0.40% 62.90 +1.16% +0.03% -4.70% -13.95% 15
KRZ.IR KERRY GROUP PLC 0.37% 81.50 +1.62% -1.63% +1.05% +4.49% 61
LISN.SW CHOCOLADEFABRIKEN LINDT & SPRUENGL 0.35% 93400.00 +0.32% -5.18% -5.66% -18.39% 7
CARL-B.CO CARLSBERG AS CL B 0.32% 905.60 -0.72% -2.29% +2.47% +12.09% 68
MKC Mccormick & Company 0.32% 49.96 -0.46% -3.37% +4.96% -25.99% 81
LISP.SW CHOCOLADEFABRIKEN LINDT & SPRUENGL 0.31% 9230.00 +0.87% -4.15% -4.85% -18.94% 8
CLX Clorox Company 0.31% 95.55 +1.87% -0.80% +0.18% -2.98% 51
SJM J.M. Smucker Company 0.29% 118.32 +2.26% +5.63% +5.99% +23.54% 88
MOWI.OL MOWI 0.26% 197.80 -0.30% +0.51% +1.02% -17.19% 58
MKS.LSE MARKS AND SPENCER GROUP PLC 0.26% 380.50 +0.21% +0.37% +0.63% +16.25% 53
ORK.OL ORKLA 0.23% 102.00 -0.10% -4.85% -3.32% -6.19% 22
HEIO.AS HEINEKEN HOLDING NV 0.22% 70.50 +0.86% -0.98% +5.78% +13.29% 86
SAP SAP Ag ADR 0.19% 160.00 +9.30% +0.60% +4.75% -34.13% 80
TAP Molson Coors Brewing 0.19% 40.95 +2.27% +0.05% +1.04% -10.31% 59
ABF.LSE ASSOCIATED BRITISH FOODS PLC 0.19% 1995.50 +1.42% -2.75% +0.86% -5.13% 54
KESKOB.HE KESKO CLASS B 0.17% 20.90 +0.38% +5.45% +5.72% +11.14% 85
CAG Conagra Brands 0.17% 14.77 +2.78% +3.43% +8.52% -10.80% 92
HRL Hormel Foods Corp 0.16% 25.31 +1.16% -0.32% -0.94% +9.69% 39
BARN.SW BARRY CALLEBAUT AG 0.14% 1095.00 -0.18% -3.69% -4.70% -14.23% 14
BF-B BROWN FORMAN CORP CLASS B 0.12% 26.08 +1.48% +1.95% -6.19% +1.00% 5
CPB The Campbell's Company 0.10% 21.84 +2.01% -1.09% -0.14% -19.04% 44

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.