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 | +1.24% | +0.79 | — | — | Confirming ↑ |
| 1 month | +5.18% | +1.23 | — | — | Confirming ↑ |
| 1 quarter | +16.06% | +1.5 | — | — | Confirming ↑ |
Over the last 126 sessions: price up +14.76%, breadth up (+4.27/name) · % beating —→— · median−ETF —→—.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.50% | -0.10% | +0.40pp | 21 / 29 | 29 / 23 | 15 of 52 | ±2.27% |
| 5d | +1.26% | +2.15% | +0.89pp | 35 / 17 | 29 / 23 | 8 of 52 | ±5.14% |
| 21d | +6.99% | +7.82% | +0.83pp | 38 / 12 | 26 / 24 | 2 of 50 | ±10.86% |
| YTD | +13.96% | +10.70% | -3.26pp | 39 / 10 | 22 / 28 | 2 of 50 | ±17.57% |
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)
- AAL+3.70%+0.07pp
- SHW+2.23%+0.05pp
- CRH+1.67%+0.04pp
- MLM+3.05%+0.03pp
- VMC+2.72%+0.03pp
- RIO-3.00%-0.11pp
- STLD-7.49%-0.08pp
- GLEN.LSE-2.95%-0.07pp
- NEM-1.78%-0.07pp
- NUE-3.47%-0.06pp
This month (21d)
- AI+16.65%+0.66pp
- AAL+32.59%+0.64pp
- FCX+17.00%+0.5pp
- CRH+12.89%+0.29pp
- ECL+9.52%+0.2pp
- DOW-15.07%-0.13pp
- CF-19.50%-0.12pp
- LYB-16.90%-0.1pp
- APD-3.96%-0.08pp
- YAR.OL-17.17%-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)
- AAL+32.59%
- IP+27.19%
- SW+24.09%
- AKZA.AS+18.20%
- FCX+17.00%
- CF-19.50%
- YAR.OL-17.17%
- LYB-16.90%
- DOW-15.07%
- ALB-5.12%
MXI — constituent leadership race
$100 in each covered MXI constituent at 2025-12-19, 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% | 512.15 | -0.72% | -0.64% | +1.20% | +20.52% | 32 |
| AI C3.Ai Inc Cl A | 3.96% | 10.30 | +0.10% | -8.61% | +16.65% | -23.59% | 84 |
| NEM Newmont Mining Corp | 3.89% | 103.79 | -1.78% | +6.35% | -1.01% | +4.40% | 18 |
| RIO Rio Tinto Plc ADR | 3.65% | 7589.00 | -3.00% | -0.07% | +1.07% | +30.06% | 28 |
| FCX Freeport-Mcmoran Inc | 2.94% | 68.68 | -0.55% | +3.53% | +17.00% | +35.86% | 90 |
| GLEN.LSE GLENCORE PLC | 2.41% | 566.00 | -2.95% | -1.43% | +0.62% | +39.24% | 24 |
| SHW Sherwin-Williams Company | 2.35% | 320.79 | +2.23% | +1.23% | +7.55% | -0.78% | 48 |
| CRH CRH Plc ADR | 2.23% | 111.24 | +1.67% | +6.11% | +12.89% | -10.23% | 66 |
| APD Air Products and Chemicals | 2.13% | 280.21 | -0.55% | +0.75% | -3.96% | +14.98% | 12 |
| ECL Ecolab Inc | 2.10% | 269.12 | +0.02% | +2.36% | +9.52% | +2.79% | 56 |
| AAL American Airlines Gp | 1.97% | 15.99 | +3.70% | +9.15% | +32.59% | +4.31% | 98 |
| CTVA Corteva Inc | 1.75% | 78.59 | +1.58% | +4.98% | -0.28% | +17.78% | 22 |
| NUE Nucor Corp | 1.70% | 243.83 | -3.47% | -6.54% | +9.97% | +50.00% | 58 |
| RIO Rio Tinto Plc ADR | 1.58% | 7589.00 | -3.00% | -0.07% | +1.07% | +30.06% | 28 |
| HOLN.SW HOLCIM LTD AG | 1.52% | 77.44 | -0.10% | +7.14% | +9.38% | +1.98% | 54 |
| VMC Vulcan Materials Company | 1.14% | 302.84 | +2.72% | +8.08% | +16.95% | +6.59% | 88 |
| K Kellanova | 1.13% | 83.44 | +0.00% | +0.35% | — | +0.00% | — |
| MLM Martin Marietta Materials | 1.07% | 609.12 | +3.05% | +7.71% | +14.52% | -1.91% | 76 |
| STLD Steel Dynamics Inc | 1.05% | 249.91 | -7.49% | -10.60% | +11.88% | +47.94% | 62 |
| SIKA.XETRA SIKA AG | 0.96% | 179.10 | +2.43% | +12.46% | +16.75% | +4.91% | 86 |
| GIVN.SW GIVAUDAN SA | 0.95% | 3193.00 | +0.54% | +1.59% | +14.61% | +4.30% | 78 |
| DOW Dow Inc | 0.85% | 31.73 | -2.37% | -5.65% | -15.07% | +38.72% | 6 |
| HEI Heico Corp | 0.83% | 337.10 | -0.07% | -0.62% | +15.30% | +4.21% | 80 |
| PPG PPG Industries | 0.79% | 118.25 | +0.95% | +0.01% | +16.27% | +16.83% | 82 |
| DSFIR.SW DSM FIRMENICH AG | 0.68% | 71.28 | +3.85% | +7.41% | — | — | — |
| ALB Albemarle Corp | 0.66% | 160.35 | -3.73% | +1.07% | -5.12% | +13.65% | 8 |
| SW Smurfit Westrock Plc | 0.65% | 44.20 | +1.80% | +3.54% | +24.09% | +16.63% | 94 |
| DD Dupont Denemours Inc | 0.63% | 47.71 | -0.50% | +1.86% | +2.47% | +19.16% | 34 |
| IFF International Flavors & Fragrances | 0.63% | 76.72 | +1.41% | -0.50% | +6.57% | +14.52% | 46 |
| PKG Packaging Corp of America | 0.63% | 229.02 | -0.10% | +2.73% | +12.72% | +11.70% | 64 |
| CF Cf Industries Holdings | 0.63% | 102.93 | -2.76% | -3.41% | -19.50% | +34.34% | 0 |
| ANTO.LSE ANTOFAGASTA PLC | 0.59% | 4169.00 | -2.16% | +8.12% | +14.25% | +27.15% | 74 |
| LYB Lyondellbasell Industries NV | 0.59% | 60.07 | -2.82% | -5.36% | -16.90% | +41.88% | 4 |
| AMCR Amcor Plc | 0.58% | 41.08 | +0.76% | +2.91% | +13.83% | — | 70 |
| IP International Paper Company | 0.55% | 36.82 | +1.83% | +5.35% | +27.19% | -4.19% | 96 |
| BOL.ST BOLIDEN | 0.53% | 569.00 | -2.57% | +10.61% | +8.96% | +12.94% | 52 |
| NHY.OL NORSK HYDRO | 0.51% | 101.75 | -0.88% | -8.08% | -2.49% | +33.88% | 14 |
| UPM.HE UPM-KYMMENE | 0.51% | 24.12 | -2.51% | -2.27% | -4.70% | +0.09% | 10 |
| BALL Ball Corporation | 0.49% | 57.72 | +0.00% | +2.45% | +5.12% | +9.69% | 42 |
| SCCO Southern Copper Corp | 0.49% | 192.93 | +0.65% | +5.91% | +14.16% | +38.30% | 72 |
| S32.LSE SOUTH32 LTD | 0.44% | 226.00 | -4.40% | -3.67% | +5.02% | +29.25% | 40 |
| AVY Avery Dennison Corp | 0.41% | 158.68 | -0.55% | -0.04% | +3.52% | -11.76% | 38 |
| AKZA.AS AKZO NOBEL NV | 0.33% | 59.62 | +1.05% | +5.30% | +18.20% | +3.76% | 92 |
| YAR.OL YARA INTERNATIONAL | 0.31% | 442.00 | -2.69% | -7.76% | -17.17% | +6.76% | 2 |
| STERV.HE STORA ENSO CLASS R | 0.23% | 9.67 | -1.55% | +1.94% | -1.21% | -8.51% | 16 |
| MOS Mosaic Company | 0.23% | 22.90 | +1.73% | +8.58% | +8.10% | -3.16% | 50 |
| SCA-B.ST SVENSKA CELLULOSA B | 0.20% | 102.15 | +1.04% | +3.75% | +3.06% | -14.33% | 36 |
| CRDA.LSE CRODA INTERNATIONAL PLC | 0.18% | 3149.00 | +1.61% | +3.89% | +13.60% | +19.35% | 68 |
| SYENS.BR SYENSQO NV | 0.17% | 67.60 | -1.74% | +4.00% | +10.73% | +1.33% | 60 |
| JMAT.LSE JOHNSON MATTHEY PLC | 0.16% | 2154.00 | -0.46% | +5.90% | +5.31% | +3.63% | 44 |
| AKE.PA ARKEMA SA | 0.15% | 57.60 | -2.78% | +0.35% | +0.97% | +17.24% | 26 |
| MNDI.LSE MONDI PLC | 0.14% | 728.60 | -0.08% | +3.61% | -0.49% | -19.37% | 20 |
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.