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 | +0.47% | +0.27 | — | — | Improving |
| 1 month | -2.07% | -0.54 | — | — | Confirming ↓ |
| 1 quarter | +2.65% | -0.56 | — | — | Weakening |
Over the last 126 sessions: price up +3.59%, breadth down (-0.69/name) · % beating —→— · median−ETF —→—.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.11% | +1.20% | +0.09pp | 39 / 11 | 27 / 25 | 21 of 52 | ±2.91% |
| 5d | +0.44% | +0.62% | +0.18pp | 31 / 20 | 27 / 25 | 14 of 52 | ±4.47% |
| 21d | -1.90% | -0.67% | +1.23pp | 24 / 27 | 29 / 22 | 6 of 51 | ±7.78% |
| YTD | +9.53% | +9.71% | +0.18pp | 30 / 18 | 25 / 24 | 2 of 49 | ±20.34% |
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+6.75%+0.13pp
- LIN+1.18%+0.09pp
- SW+11.10%+0.07pp
- IP+11.21%+0.06pp
- PKG+8.76%+0.06pp
- NEM-1.62%-0.06pp
- FCX-1.42%-0.04pp
- DOW-3.43%-0.03pp
- LYB-2.27%-0.01pp
- NHY.OL-2.42%-0.01pp
This month (21d)
- CTVA+11.44%+0.2pp
- APD+7.53%+0.16pp
- CF+21.32%+0.13pp
- GLEN.LSE+3.09%+0.07pp
- S32.LSE+12.98%+0.06pp
- AI-12.55%-0.5pp
- AAL-17.00%-0.33pp
- CRH-10.85%-0.24pp
- RIO-4.41%-0.16pp
- ALB-22.31%-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)
- CF+21.32%
- S32.LSE+12.98%
- CTVA+11.44%
- IP+10.08%
- APD+7.53%
- ALB-22.31%
- AAL-17.00%
- AI-12.55%
- BOL.ST-11.12%
- CRH-10.85%
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% | 512.28 | +1.18% | -0.18% | -0.67% | +20.55% | 49 |
| AI C3.Ai Inc Cl A | 3.96% | 8.15 | +0.00% | -7.60% | -12.55% | -39.54% | 4 |
| NEM Newmont Mining Corp | 3.89% | 93.19 | -1.62% | +3.89% | -0.90% | -6.26% | 47 |
| RIO Rio Tinto Plc ADR | 3.65% | 6869.00 | +0.19% | +2.13% | -4.41% | +17.72% | 29 |
| FCX Freeport-Mcmoran Inc | 2.94% | 62.60 | -1.42% | +7.23% | +1.23% | +23.83% | 55 |
| GLEN.LSE GLENCORE PLC | 2.41% | 537.30 | -0.07% | +3.99% | +3.09% | +32.18% | 65 |
| SHW Sherwin-Williams Company | 2.35% | 317.51 | +2.24% | -4.17% | -4.69% | -1.80% | 25 |
| CRH CRH Plc ADR | 2.23% | 99.87 | +1.89% | -2.96% | -10.85% | -19.40% | 8 |
| APD Air Products and Chemicals | 2.13% | 297.87 | +1.22% | +0.76% | +7.53% | +22.23% | 90 |
| ECL Ecolab Inc | 2.10% | 268.75 | +2.13% | -1.50% | -2.73% | +2.65% | 39 |
| AAL American Airlines Gp | 1.97% | 14.48 | +6.75% | -3.37% | -17.00% | -5.58% | 2 |
| CTVA Corteva Inc | 1.75% | 89.25 | +0.53% | +2.23% | +11.44% | +33.76% | 94 |
| NUE Nucor Corp | 1.70% | 247.56 | +2.66% | +4.63% | +3.18% | +52.29% | 67 |
| RIO Rio Tinto Plc ADR | 1.58% | 6869.00 | +0.19% | +2.13% | -4.41% | +17.72% | 29 |
| HOLN.SW HOLCIM LTD AG | 1.52% | 74.02 | +0.30% | -1.57% | -2.40% | -2.52% | 41 |
| VMC Vulcan Materials Company | 1.14% | 279.70 | +1.73% | -2.99% | -8.98% | -1.55% | 12 |
| K Kellanova | 1.13% | 83.44 | +0.00% | +0.35% | — | +0.00% | — |
| MLM Martin Marietta Materials | 1.07% | 559.60 | +2.33% | -0.53% | -9.25% | -9.89% | 10 |
| STLD Steel Dynamics Inc | 1.05% | 247.11 | +2.72% | +4.93% | +2.58% | +46.28% | 63 |
| SIKA.XETRA SIKA AG | 0.96% | 167.60 | +0.84% | -2.67% | -7.73% | -1.83% | 14 |
| GIVN.SW GIVAUDAN SA | 0.95% | 3196.00 | +0.60% | -6.60% | -5.78% | +4.40% | 18 |
| DOW Dow Inc | 0.85% | 29.84 | -3.43% | -0.27% | +1.57% | +30.46% | 59 |
| HEI Heico Corp | 0.83% | 349.61 | +2.66% | +2.03% | +4.31% | +8.08% | 73 |
| PPG PPG Industries | 0.79% | 116.00 | +1.98% | -1.16% | -4.12% | +14.61% | 35 |
| DSFIR.SW DSM FIRMENICH AG | 0.68% | 75.95 | +1.33% | -4.35% | +2.15% | — | 61 |
| ALB Albemarle Corp | 0.66% | 114.85 | -1.76% | -4.91% | -22.31% | -18.60% | 0 |
| SW Smurfit Westrock Plc | 0.65% | 48.56 | +11.10% | +9.62% | +4.30% | +28.13% | 71 |
| DD Dupont Denemours Inc | 0.63% | 137.70 | +0.22% | +1.78% | -0.09% | — | 51 |
| IFF International Flavors & Fragrances | 0.63% | 75.94 | +2.94% | -2.89% | +0.15% | +13.35% | 53 |
| PKG Packaging Corp of America | 0.63% | 254.39 | +8.76% | +9.15% | +6.95% | +24.08% | 86 |
| CF Cf Industries Holdings | 0.63% | 125.07 | -1.29% | +3.01% | +21.32% | +63.24% | 98 |
| ANTO.LSE ANTOFAGASTA PLC | 0.59% | 3631.00 | +0.28% | +4.01% | -4.27% | +10.75% | 33 |
| LYB Lyondellbasell Industries NV | 0.59% | 60.32 | -2.27% | +1.94% | +7.48% | +42.47% | 88 |
| AMCR Amcor Plc | 0.58% | 44.54 | +4.48% | +1.37% | +6.78% | — | 82 |
| IP International Paper Company | 0.55% | 42.16 | +11.21% | +12.25% | +10.08% | +9.71% | 92 |
| BOL.ST BOLIDEN | 0.53% | 481.40 | +1.26% | -4.56% | -11.12% | -4.45% | 6 |
| NHY.OL NORSK HYDRO | 0.51% | 86.14 | -2.42% | +1.39% | -4.54% | +13.34% | 27 |
| UPM.HE UPM-KYMMENE | 0.51% | 22.46 | +1.03% | -4.22% | -5.23% | -6.79% | 22 |
| BALL Ball Corporation | 0.49% | 63.84 | +2.59% | +1.80% | +4.69% | +21.32% | 76 |
| SCCO Southern Copper Corp | 0.49% | 179.29 | -1.61% | +3.95% | +4.34% | +28.52% | 75 |
| S32.LSE SOUTH32 LTD | 0.44% | 235.00 | -1.51% | +15.20% | +12.98% | +34.39% | 96 |
| AVY Avery Dennison Corp | 0.41% | 160.90 | +3.67% | +0.31% | -1.38% | -10.53% | 43 |
| AKZA.AS AKZO NOBEL NV | 0.33% | 57.86 | +2.81% | +0.49% | -5.64% | +0.70% | 20 |
| YAR.OL YARA INTERNATIONAL | 0.31% | 456.10 | -1.32% | +1.06% | +6.07% | +10.17% | 80 |
| STERV.HE STORA ENSO CLASS R | 0.23% | 9.38 | +2.27% | -4.01% | -0.99% | -11.22% | 45 |
| MOS Mosaic Company | 0.23% | 22.30 | +0.09% | +0.77% | +6.90% | -5.70% | 84 |
| SCA-B.ST SVENSKA CELLULOSA B | 0.20% | 104.80 | +1.75% | +1.75% | +3.87% | -12.11% | 69 |
| CRDA.LSE CRODA INTERNATIONAL PLC | 0.18% | 2932.00 | +2.55% | +0.14% | -7.65% | +11.13% | 16 |
| SYENS.BR SYENSQO NV | 0.17% | 71.05 | +1.57% | +3.95% | +6.04% | +6.51% | 78 |
| JMAT.LSE JOHNSON MATTHEY PLC | 0.16% | 1918.00 | +1.37% | +0.00% | -5.05% | -7.72% | 24 |
| AKE.PA ARKEMA SA | 0.15% | 55.80 | +0.81% | +0.09% | -2.79% | +13.57% | 37 |
| MNDI.LSE MONDI PLC | 0.14% | 729.40 | +0.39% | -3.01% | +1.39% | -19.29% | 57 |
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.