Constituent dispersion · breadth vs the index
QTUM — Defiance Quantum
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 | -3.26% | -0.1 | -2pp | +0.94pp | Confirming ↓ |
| 1 month | -8.15% | -2.19 | -11pp | +0.17pp | Confirming ↓ |
| 1 quarter | +41.83% | +4.21 | -10pp | -3.32pp | Confirming ↑ |
Over the last 126 sessions: price up +41.64%, breadth up (+3.65/name) · % beating 56→37 · median−ETF +0.67pp→-3.86pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -3.34% | -3.48% | -0.14pp | 14 / 48 | 30 / 32 | 13 of 62 | ±4.96% |
| 5d | -3.26% | -3.91% | -0.65pp | 23 / 39 | 30 / 32 | 5 of 62 | ±10.62% |
| 21d | -8.15% | -12.01% | -3.86pp | 14 / 48 | 23 / 39 | 2 of 62 | ±16.11% |
| YTD | +41.64% | +18.41% | -23.23pp | 41 / 20 | 23 / 38 | 0 of 61 | ±68.18% |
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)
- NOC+5.59%+0.05pp
- LMT+4.62%+0.05pp
- HON+3.66%+0.04pp
- RTX+3.90%+0.04pp
- RDNT+4.77%+0.03pp
- MRVL-9.84%-0.25pp
- TER-13.63%-0.23pp
- ONTO-12.46%-0.21pp
- KLAC-11.51%-0.2pp
- MKSI-11.07%-0.2pp
This month (21d)
- AMAT+23.06%+0.41pp
- INTC+11.51%+0.3pp
- ALAB+14.24%+0.27pp
- KLAC+15.17%+0.27pp
- MKSI+10.40%+0.19pp
- NOK-28.37%-0.58pp
- ON-29.09%-0.53pp
- ARM-21.71%-0.5pp
- HPE-26.57%-0.43pp
- MRVL-15.65%-0.41pp
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)
- ARQQ+44.53%
- RDNT+26.59%
- AMAT+23.06%
- KLAC+15.17%
- RTX+14.34%
- ORCL-42.65%
- RGTI-33.26%
- CRWV-31.46%
- IONQ-31.20%
- ON-29.09%
QTUM — constituent leadership race
$100 in each covered QTUM constituent at 2025-12-30, 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 — 62 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| MU Micron Technology | 3.19% | 975.56 | -5.49% | -19.61% | -8.32% | +241.95% | 61 |
| INTC Intel Corp | 2.62% | 120.35 | -5.25% | -9.42% | +11.51% | +226.15% | 89 |
| MRVL Marvell Technology Inc | 2.59% | 245.29 | -9.84% | -12.79% | -15.65% | +189.00% | 31 |
| STM Stmicroelectronics N.V. ADR | 2.52% | 68.35 | -3.35% | -8.72% | -14.04% | +164.24% | 40 |
| ARM Arm Holdings Plc ADR | 2.30% | 315.28 | -6.58% | -9.33% | -21.71% | +188.43% | 23 |
| NOK Nokia Corp ADR | 2.04% | 12.07 | -6.51% | -13.66% | -28.37% | +87.89% | 8 |
| AMD Adv Micro Devices | 1.98% | 517.82 | -4.26% | -2.77% | -0.71% | +141.79% | 73 |
| ALAB Astera Labs Inc | 1.91% | 406.42 | -5.67% | +2.12% | +14.24% | +144.30% | 90 |
| LRCX Lam Research Corp | 1.87% | 351.41 | -10.19% | -12.55% | +5.08% | +105.53% | 82 |
| MKSI Mks Inc | 1.82% | 365.56 | -11.07% | -10.91% | +10.40% | +128.98% | 85 |
| ON On Semiconductor | 1.82% | 91.22 | -3.60% | -23.18% | -29.09% | +68.46% | 6 |
| TSEM Tower Semiconductor | 1.78% | 219.05 | -10.76% | -18.83% | -20.26% | +86.55% | 26 |
| AMAT Applied Materials | 1.77% | 603.04 | -7.35% | -9.72% | +23.06% | +134.95% | 95 |
| COHR Coherent Corp | 1.77% | 333.36 | -9.57% | -18.14% | -21.91% | +80.61% | 21 |
| KLAC K L A-Tencor Corp | 1.76% | 235.55 | -11.51% | -8.98% | +15.17% | — | 94 |
| TER Teradyne Inc | 1.69% | 369.09 | -13.63% | -21.80% | -5.99% | +90.76% | 65 |
| ONTO Onto Innovation Inc | 1.65% | 307.58 | -12.46% | -10.65% | +10.63% | +94.84% | 87 |
| HPE Hewlett Packard Enterprise | 1.63% | 41.23 | -6.19% | -11.75% | -26.57% | +72.76% | 10 |
| LSCC Lattice Semicond | 1.58% | 136.53 | -6.68% | -5.32% | -9.79% | +85.55% | 60 |
| ASML ASML Holdings NY Reg ADR | 1.42% | 1769.32 | -4.00% | -3.90% | +3.75% | +65.96% | 79 |
| TXN Texas Instruments | 1.42% | 293.08 | -1.79% | -6.01% | -4.88% | +70.03% | 68 |
| NVEC Nve Corp | 1.38% | 98.22 | -7.31% | +4.13% | -12.63% | +69.93% | 45 |
| CSCO Cisco Systems Inc | 1.29% | 112.69 | -3.69% | -5.28% | -11.96% | +47.87% | 50 |
| ADI Analog Devices | 1.27% | 377.16 | -3.04% | -9.76% | -10.88% | +39.51% | 56 |
| MCHP Microchip Technology | 1.20% | 84.64 | -4.57% | -10.07% | -12.71% | +33.61% | 44 |
| TSM Taiwan Semiconductor ADR | 1.17% | 434.16 | -2.27% | -0.19% | -2.63% | +43.19% | 69 |
| NXPI Nxp Semiconductors | 1.13% | 273.36 | -2.08% | -8.47% | -15.53% | +26.59% | 32 |
| CRUS Cirrus Logic Inc | 1.11% | 146.24 | -0.12% | -5.03% | -14.29% | +23.41% | 37 |
| LMT Lockheed Martin Corp | 0.99% | 545.91 | +4.62% | +8.10% | +6.33% | +13.46% | 84 |
| QCOM Qualcomm Inc | 0.99% | 176.25 | -3.12% | -13.98% | -26.55% | +3.70% | 11 |
| CRWV Coreweave Inc Cl A | 0.98% | 81.75 | -4.60% | -17.23% | -31.46% | +14.15% | 3 |
| HON Honeywell International | 0.98% | 229.86 | +3.66% | -0.60% | -2.28% | +18.41% | 71 |
| CDNS Cadence Design Sys | 0.97% | 373.14 | -1.22% | +1.33% | -10.39% | +19.37% | 58 |
| GOOGL Alphabet Cl A | 0.96% | 359.91 | -0.36% | +4.71% | -0.48% | +15.07% | 74 |
| IONQ Ionq Inc | 0.96% | 49.12 | -4.44% | -2.85% | -31.20% | +9.47% | 5 |
| NVDA Nvidia Corp | 0.96% | 194.83 | -1.39% | -0.46% | -12.46% | +4.47% | 47 |
| NET Cloudflare Inc Cl A | 0.92% | 242.41 | -1.58% | +6.95% | -11.09% | +22.96% | 53 |
| SNOW Snowflake Inc Cl A | 0.92% | 260.15 | -0.40% | +14.57% | -0.38% | +18.60% | 76 |
| RTX Rtx Corp | 0.90% | 199.25 | +3.90% | +6.78% | +14.34% | +9.00% | 92 |
| TDC Teradata Corp | 0.89% | 34.56 | +0.29% | +10.88% | -5.34% | +13.53% | 66 |
| NTNX Nutanix Inc | 0.88% | 51.28 | +0.16% | +9.25% | -7.59% | -0.79% | 63 |
| NOC Northrop Grumman Corp | 0.85% | 549.01 | +5.59% | +9.95% | +2.31% | -3.41% | 77 |
| SNPS Synopsys Inc | 0.82% | 437.16 | -3.82% | -3.93% | -14.00% | -6.93% | 42 |
| BIDU Baidu Inc ADR | 0.79% | 113.30 | -3.93% | +8.95% | -17.13% | -13.29% | 27 |
| AVGO Broadcom Ltd | 0.79% | 360.45 | -2.41% | -4.87% | -25.15% | +4.36% | 18 |
| QBTS D-Wave Quantum Inc | 0.75% | 22.53 | -4.13% | +2.83% | -24.67% | -13.84% | 19 |
| IBM Intl Business Machines | 0.75% | 289.52 | +1.14% | +12.10% | -12.06% | -1.70% | 48 |
| BAH Booz Allen Hamilton Holding Corp | 0.71% | 62.45 | +4.07% | +4.59% | -21.67% | -25.41% | 24 |
| ORCL Oracle Corp | 0.71% | 140.27 | -1.56% | -8.00% | -42.65% | -27.59% | 0 |
| MSFT Microsoft Corp | 0.70% | 390.49 | +1.62% | +10.67% | -11.52% | -19.07% | 52 |
| MDB Mongodb Inc Cl A | 0.69% | 354.88 | -1.25% | +20.67% | -10.94% | -15.44% | 55 |
| RGTI Rigetti Computing Inc | 0.69% | 17.94 | -3.96% | -2.55% | -33.26% | -19.01% | 2 |
| QUBT Quantum Computing Inc | 0.68% | 9.05 | -4.03% | -0.44% | -26.12% | -11.79% | 15 |
| ESTC Elastic N.V. | 0.66% | 58.04 | -0.70% | +8.28% | -14.13% | -23.06% | 39 |
| WIT Wipro Ltd ADR | 0.65% | 1.89 | +1.07% | -13.70% | -14.48% | -31.73% | 35 |
| RDNT Radnet Inc | 0.63% | 68.75 | +4.77% | +14.56% | +26.59% | -3.64% | 97 |
| BABA Alibaba Group Holding ADR | 0.61% | 96.14 | -1.89% | +1.13% | -25.83% | -34.41% | 16 |
| PLTR Palantir Technologies Cl A | 0.58% | 129.30 | +2.84% | +20.54% | -15.03% | -27.26% | 34 |
| BTQ Btq Technologies Corp | 0.54% | 4.82 | -9.06% | -11.07% | +5.01% | -5.86% | 81 |
| CRM Salesforce Inc | 0.54% | 166.11 | +1.76% | +10.60% | -17.08% | -37.14% | 29 |
| ACN Accenture Plc | 0.54% | 137.35 | +4.74% | +9.16% | -26.24% | -48.07% | 13 |
| ARQQ Arqit Quantum Inc | 0.40% | 23.52 | -18.49% | -13.93% | +44.53% | +7.47% | 98 |
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.