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 | -2.62% | -0.54 | — | — | Confirming ↓ |
| 1 month | -0.18% | +0 | — | — | In line |
| 1 quarter | +2.33% | -2.08 | — | — | Weakening |
Over the last 126 sessions: price up +6.18%, breadth up (+0.06/name) · % beating —→— · median−ETF —→—.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.85% | +1.02% | +0.18pp | 42 / 9 | 29 / 23 | 32 of 52 | ±1.18% |
| 5d | -2.27% | -2.62% | -0.35pp | 12 / 40 | 24 / 28 | 14 of 52 | ±3.2% |
| 21d | -0.91% | +0.90% | +1.82pp | 29 / 21 | 30 / 20 | 2 of 50 | ±9.4% |
| YTD | +10.08% | +9.80% | -0.28pp | 32 / 16 | 24 / 25 | 3 of 49 | ±16.79% |
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)
- LIN+0.80%+0.06pp
- FCX+1.64%+0.05pp
- RIO+1.17%+0.04pp
- NUE+2.29%+0.04pp
- CTVA+2.17%+0.04pp
- AI-0.67%-0.03pp
- AAL-0.64%-0.01pp
- ALB-1.85%-0.01pp
- IFF-1.27%-0.01pp
- DSFIR.SW-0.64%0pp
This month (21d)
- AAL+20.30%+0.4pp
- CTVA+14.22%+0.25pp
- LIN+2.75%+0.22pp
- SHW+7.55%+0.18pp
- APD+5.85%+0.12pp
- AI-17.05%-0.68pp
- RIO-11.07%-0.4pp
- GLEN.LSE-11.09%-0.27pp
- NUE-10.60%-0.18pp
- RIO-11.07%-0.17pp
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+20.30%
- DSFIR.SW+16.56%
- CTVA+14.22%
- BALL+13.86%
- AMCR+11.20%
- NHY.OL-23.16%
- ALB-17.29%
- AI-17.05%
- STLD-15.34%
- DOW-12.61%
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% | 529.79 | +0.80% | -3.08% | +2.75% | +24.67% | 64 |
| AI C3.Ai Inc Cl A | 3.96% | 8.95 | -0.67% | -1.21% | -17.05% | -33.61% | 4 |
| NEM Newmont Mining Corp | 3.89% | 95.29 | +0.51% | -1.80% | -3.30% | -4.15% | 34 |
| RIO Rio Tinto Plc ADR | 3.65% | 6753.00 | +1.17% | -4.48% | -11.07% | +15.74% | 14 |
| FCX Freeport-Mcmoran Inc | 2.94% | 61.52 | +1.64% | +0.90% | -4.25% | +21.70% | 32 |
| GLEN.LSE GLENCORE PLC | 2.41% | 510.50 | -0.18% | -0.60% | -11.09% | +25.58% | 12 |
| SHW Sherwin-Williams Company | 2.35% | 333.99 | +0.59% | -5.25% | +7.55% | +3.30% | 80 |
| CRH CRH Plc ADR | 2.23% | 104.71 | +0.34% | -2.62% | +0.97% | -15.50% | 52 |
| APD Air Products and Chemicals | 2.13% | 299.53 | +1.24% | -4.67% | +5.85% | +22.91% | 74 |
| ECL Ecolab Inc | 2.10% | 274.31 | +0.47% | -3.19% | +4.02% | +4.77% | 70 |
| AAL American Airlines Gp | 1.97% | 16.95 | -0.64% | -5.41% | +20.30% | +10.57% | 98 |
| CTVA Corteva Inc | 1.75% | 85.68 | +2.17% | -0.14% | +14.22% | +28.41% | 94 |
| NUE Nucor Corp | 1.70% | 227.37 | +2.29% | +3.00% | -10.60% | +39.87% | 18 |
| RIO Rio Tinto Plc ADR | 1.58% | 6753.00 | +1.17% | -4.48% | -11.07% | +15.74% | 14 |
| HOLN.SW HOLCIM LTD AG | 1.52% | 74.14 | +1.81% | -3.74% | +2.57% | -2.36% | 62 |
| VMC Vulcan Materials Company | 1.14% | 295.25 | +2.26% | -2.62% | +5.82% | +3.92% | 72 |
| K Kellanova | 1.13% | 83.44 | +0.00% | +0.35% | — | +0.00% | — |
| MLM Martin Marietta Materials | 1.07% | 577.72 | +1.02% | -3.62% | +0.96% | -6.97% | 50 |
| STLD Steel Dynamics Inc | 1.05% | 228.42 | +2.86% | +3.64% | -15.34% | +35.22% | 6 |
| SIKA.XETRA SIKA AG | 0.96% | 176.30 | +0.71% | -7.16% | +10.71% | +3.27% | 86 |
| GIVN.SW GIVAUDAN SA | 0.95% | 3433.00 | +0.41% | -2.11% | +9.23% | +12.14% | 84 |
| DOW Dow Inc | 0.85% | 29.03 | +1.86% | +4.76% | -12.61% | +26.91% | 8 |
| HEI Heico Corp | 0.83% | 350.92 | -0.34% | -3.08% | +7.51% | +8.49% | 78 |
| PPG PPG Industries | 0.79% | 116.76 | +0.69% | -6.84% | +0.34% | +15.36% | 42 |
| DSFIR.SW DSM FIRMENICH AG | 0.68% | 77.35 | -0.64% | -1.53% | +16.56% | — | 96 |
| ALB Albemarle Corp | 0.66% | 126.05 | -1.85% | -7.02% | -17.29% | -10.66% | 2 |
| SW Smurfit Westrock Plc | 0.65% | 44.23 | +2.88% | -3.70% | +6.94% | +16.71% | 76 |
| DD Dupont Denemours Inc | 0.63% | 134.68 | -0.08% | -3.74% | — | — | — |
| IFF International Flavors & Fragrances | 0.63% | 77.53 | -1.27% | -7.52% | +2.85% | +15.73% | 66 |
| PKG Packaging Corp of America | 0.63% | 228.77 | +1.91% | -3.96% | +1.30% | +11.58% | 56 |
| CF Cf Industries Holdings | 0.63% | 116.92 | +2.54% | +5.77% | +7.68% | +52.60% | 82 |
| ANTO.LSE ANTOFAGASTA PLC | 0.59% | 3778.00 | +1.67% | -2.33% | -2.02% | +15.23% | 36 |
| LYB Lyondellbasell Industries NV | 0.59% | 56.35 | +1.73% | +5.60% | -11.46% | +33.10% | 10 |
| AMCR Amcor Plc | 0.58% | 43.18 | +1.12% | -4.04% | +11.20% | — | 90 |
| IP International Paper Company | 0.55% | 37.93 | +2.02% | -2.22% | +11.17% | -1.30% | 88 |
| BOL.ST BOLIDEN | 0.53% | 520.00 | -0.38% | -1.44% | +3.50% | +3.21% | 68 |
| NHY.OL NORSK HYDRO | 0.51% | 85.06 | +0.26% | -1.32% | -23.16% | +11.92% | 0 |
| UPM.HE UPM-KYMMENE | 0.51% | 23.15 | +1.31% | -0.81% | -6.69% | -3.93% | 24 |
| BALL Ball Corporation | 0.49% | 61.69 | +1.13% | -2.68% | +13.86% | +17.24% | 92 |
| SCCO Southern Copper Corp | 0.49% | 175.83 | +0.80% | +2.22% | +0.38% | +26.04% | 46 |
| S32.LSE SOUTH32 LTD | 0.44% | 211.00 | +4.56% | -2.68% | -10.06% | +20.67% | 20 |
| AVY Avery Dennison Corp | 0.41% | 160.71 | +1.03% | -3.75% | +0.85% | -10.63% | 48 |
| AKZA.AS AKZO NOBEL NV | 0.33% | 57.40 | +0.53% | -5.59% | +1.38% | -0.10% | 58 |
| YAR.OL YARA INTERNATIONAL | 0.31% | 444.50 | +0.75% | +2.37% | -7.24% | +7.37% | 22 |
| STERV.HE STORA ENSO CLASS R | 0.23% | 9.44 | +1.97% | +0.51% | -1.21% | -10.63% | 38 |
| MOS Mosaic Company | 0.23% | 21.51 | +3.66% | +1.80% | +1.08% | -9.04% | 54 |
| SCA-B.ST SVENSKA CELLULOSA B | 0.20% | 99.36 | +1.12% | +0.44% | -0.69% | -16.67% | 40 |
| CRDA.LSE CRODA INTERNATIONAL PLC | 0.18% | 2897.00 | +1.58% | -4.86% | -4.42% | +9.80% | 30 |
| SYENS.BR SYENSQO NV | 0.17% | 66.00 | +0.61% | -0.45% | +1.54% | -1.06% | 60 |
| JMAT.LSE JOHNSON MATTHEY PLC | 0.16% | 1902.00 | +0.85% | -5.56% | -6.49% | -8.49% | 26 |
| AKE.PA ARKEMA SA | 0.15% | 54.50 | +1.30% | -3.71% | -5.05% | +10.93% | 28 |
| MNDI.LSE MONDI PLC | 0.14% | 705.80 | +0.94% | -0.65% | +0.37% | -21.90% | 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.
Other ETFs & indices
Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.