Constituent dispersion · breadth vs the index
MXI — Global Materials
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 | -1.46% | -0.73 | — | — | Confirming ↓ |
| 1 month | +4.46% | +1 | — | — | Confirming ↑ |
| 1 quarter | +9.73% | +1.94 | — | — | Confirming ↑ |
Over the last 126 sessions: price up +5.56%, breadth down (-1.4/name) · % beating —→— · median−ETF —→—.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.13% | -0.43% | -0.29pp | 20 / 31 | 23 / 29 | 29 of 52 | ±1.55% |
| 5d | -1.45% | -1.47% | -0.02pp | 17 / 35 | 25 / 27 | 10 of 52 | ±3.34% |
| 21d | +4.44% | +6.04% | +1.60pp | 36 / 15 | 31 / 20 | 4 of 51 | ±8.43% |
| YTD | +13.58% | +13.60% | +0.01pp | 35 / 13 | 25 / 24 | 2 of 49 | ±19.61% |
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)
- NEM+3.13%+0.12pp
- LIN+0.95%+0.08pp
- ALB+4.35%+0.03pp
- APD+1.13%+0.02pp
- CTVA+1.17%+0.02pp
- AI-2.46%-0.1pp
- RIO-1.49%-0.05pp
- GLEN.LSE-2.14%-0.05pp
- AAL-1.53%-0.03pp
- ANTO.LSE-4.55%-0.03pp
This month (21d)
- NEM+29.65%+1.15pp
- AI+11.45%+0.45pp
- FCX+13.54%+0.4pp
- NUE+14.10%+0.24pp
- RIO+4.72%+0.17pp
- LIN-7.30%-0.58pp
- CTVA-11.51%-0.2pp
- CRH-7.99%-0.18pp
- AAL-4.94%-0.1pp
- HOLN.SW-3.99%-0.06pp
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)
- NEM+29.65%
- SYENS.BR+20.45%
- MNDI.LSE+19.51%
- S32.LSE+19.31%
- SIKA.XETRA+16.79%
- CTVA-11.51%
- CRH-7.99%
- YAR.OL-7.90%
- LIN-7.30%
- MLM-5.03%
MXI — constituent leadership race
$100 in each covered MXI constituent at 2026-01-06, 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 — 52 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| LIN Linde Plc | 7.90% | 482.74 | +0.95% | -1.48% | -7.30% | +13.60% | 6 |
| AI C3.Ai Inc Cl A | 3.96% | 9.93 | -2.46% | -2.84% | +11.45% | -26.34% | 80 |
| NEM Newmont Mining Corp | 3.89% | 117.76 | +3.13% | +4.23% | +29.65% | +18.45% | 98 |
| RIO Rio Tinto Plc ADR | 3.65% | 7059.00 | -1.49% | -4.25% | +4.72% | +20.98% | 39 |
| FCX Freeport-Mcmoran Inc | 2.94% | 66.49 | -0.51% | -4.50% | +13.54% | +31.53% | 82 |
| GLEN.LSE GLENCORE PLC | 2.41% | 548.90 | -2.14% | -1.45% | +6.23% | +35.03% | 53 |
| SHW Sherwin-Williams Company | 2.35% | 359.10 | -0.68% | -2.88% | +6.20% | +11.07% | 51 |
| CRH CRH Plc ADR | 2.23% | 97.15 | -0.56% | -2.93% | -7.99% | -21.60% | 2 |
| APD Air Products and Chemicals | 2.13% | 308.97 | +1.13% | +1.82% | +3.93% | +26.78% | 37 |
| ECL Ecolab Inc | 2.10% | 276.11 | -0.05% | -3.18% | +0.15% | +5.46% | 29 |
| AAL American Airlines Gp | 1.97% | 14.83 | -1.53% | -6.96% | -4.94% | -3.26% | 10 |
| CTVA Corteva Inc | 1.75% | 76.68 | +1.17% | -0.20% | -11.51% | +14.92% | 0 |
| NUE Nucor Corp | 1.70% | 268.91 | -1.24% | -1.36% | +14.10% | +65.43% | 86 |
| RIO Rio Tinto Plc ADR | 1.58% | 7059.00 | -1.49% | -4.25% | +4.72% | +20.98% | 39 |
| HOLN.SW HOLCIM LTD AG | 1.52% | 71.64 | +0.17% | +1.16% | -3.99% | -5.66% | 14 |
| VMC Vulcan Materials Company | 1.14% | 282.00 | +1.61% | -0.76% | -3.91% | -0.74% | 16 |
| K Kellanova | 1.13% | 83.44 | +0.00% | +0.35% | — | +0.00% | — |
| MLM Martin Marietta Materials | 1.07% | 547.93 | +0.58% | -0.12% | -5.03% | -11.77% | 8 |
| STLD Steel Dynamics Inc | 1.05% | 255.77 | -1.83% | -2.55% | +8.85% | +51.41% | 63 |
| SIKA.XETRA SIKA AG | 0.96% | 202.10 | -0.93% | -2.51% | +16.79% | +18.38% | 90 |
| GIVN.SW GIVAUDAN SA | 0.95% | 3271.00 | +0.31% | -2.91% | -3.88% | +6.85% | 18 |
| DOW Dow Inc | 0.85% | 31.07 | +2.34% | +5.90% | +6.04% | +35.83% | 49 |
| HEI Heico Corp | 0.83% | 374.67 | +0.84% | +1.93% | +8.91% | +15.83% | 65 |
| PPG PPG Industries | 0.79% | 114.11 | -0.54% | -4.09% | -3.85% | +12.74% | 20 |
| DSFIR.SW DSM FIRMENICH AG | 0.68% | 84.35 | -0.76% | -4.04% | +5.50% | — | 45 |
| ALB Albemarle Corp | 0.66% | 136.15 | +4.35% | +3.84% | +13.97% | -3.50% | 84 |
| SW Smurfit Westrock Plc | 0.65% | 49.25 | -1.54% | +2.94% | +10.01% | +29.95% | 75 |
| DD Dupont Denemours Inc | 0.63% | 146.26 | +1.50% | +2.66% | +8.91% | — | 67 |
| IFF International Flavors & Fragrances | 0.63% | 84.18 | +0.14% | -1.99% | +8.48% | +25.65% | 61 |
| PKG Packaging Corp of America | 0.63% | 255.48 | -0.61% | -0.22% | +9.16% | +24.61% | 69 |
| CF Cf Industries Holdings | 0.63% | 118.30 | +1.07% | +3.99% | -0.30% | +54.41% | 25 |
| ANTO.LSE ANTOFAGASTA PLC | 0.59% | 3585.00 | -4.55% | -9.95% | -0.08% | +9.34% | 27 |
| LYB Lyondellbasell Industries NV | 0.59% | 63.76 | +2.18% | +7.00% | +10.31% | +50.60% | 76 |
| AMCR Amcor Plc | 0.58% | 46.03 | -0.75% | -3.82% | +2.65% | — | 35 |
| IP International Paper Company | 0.55% | 40.74 | -0.92% | -0.91% | +7.58% | +6.01% | 55 |
| BOL.ST BOLIDEN | 0.53% | 525.00 | -0.53% | +0.88% | +2.26% | +4.20% | 33 |
| NHY.OL NORSK HYDRO | 0.51% | 89.76 | -0.29% | -0.97% | +5.53% | +18.11% | 47 |
| UPM.HE UPM-KYMMENE | 0.51% | 23.00 | -0.35% | -2.79% | -1.08% | -4.55% | 24 |
| BALL Ball Corporation | 0.49% | 61.82 | -0.18% | -2.57% | -2.11% | +17.49% | 22 |
| SCCO Southern Copper Corp | 0.49% | 184.61 | -1.59% | -6.74% | +5.10% | +32.34% | 43 |
| S32.LSE SOUTH32 LTD | 0.44% | 247.20 | -3.06% | -4.92% | +19.31% | +41.37% | 92 |
| AVY Avery Dennison Corp | 0.41% | 178.93 | -0.60% | +0.99% | +9.73% | -0.50% | 71 |
| AKZA.AS AKZO NOBEL NV | 0.33% | 62.26 | -0.03% | -1.98% | +8.05% | +8.36% | 59 |
| YAR.OL YARA INTERNATIONAL | 0.31% | 418.30 | +0.05% | +0.50% | -7.90% | +1.04% | 4 |
| STERV.HE STORA ENSO CLASS R | 0.23% | 9.59 | -0.95% | -1.72% | +1.10% | -9.25% | 31 |
| MOS Mosaic Company | 0.23% | 21.61 | -0.78% | -6.29% | -4.08% | -8.62% | 12 |
| SCA-B.ST SVENSKA CELLULOSA B | 0.20% | 108.55 | -0.69% | -1.59% | +7.64% | -8.96% | 57 |
| CRDA.LSE CRODA INTERNATIONAL PLC | 0.18% | 3258.00 | -0.82% | -0.21% | +11.23% | +23.48% | 78 |
| SYENS.BR SYENSQO NV | 0.17% | 82.45 | +2.81% | +2.49% | +20.45% | +23.59% | 96 |
| JMAT.LSE JOHNSON MATTHEY PLC | 0.16% | 2196.00 | +0.27% | +1.29% | +14.79% | +5.66% | 88 |
| AKE.PA ARKEMA SA | 0.15% | 62.20 | +0.89% | +1.22% | +9.89% | +26.60% | 73 |
| MNDI.LSE MONDI PLC | 0.14% | 882.00 | +0.18% | -4.30% | +19.51% | -2.40% | 94 |
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.