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 | +3.40% | +0.13 | -7pp | -4.42pp | Confirming ↑ |
| 1 month | +11.05% | +0.81 | -8pp | -6.11pp | Confirming ↑ |
| 1 quarter | +7.30% | -1.24 | +13pp | +1.38pp | Weakening |
Over the last 126 sessions: price up +35.66%, breadth up (+2.65/name) · % beating 50→48 · median−ETF +0.29pp→-3.28pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.28% | -0.07% | -0.35pp | 29 / 33 | 28 / 34 | 18 of 62 | ±2.27% |
| 5d | +3.40% | +1.12% | -2.28pp | 37 / 25 | 19 / 43 | 5 of 62 | ±5.96% |
| 21d | +11.05% | +6.97% | -4.08pp | 47 / 14 | 29 / 32 | 1 of 61 | ±15% |
| YTD | +45.00% | +21.43% | -23.57pp | 44 / 16 | 24 / 36 | 1 of 60 | ±60.56% |
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)
- AMD+6.50%+0.13pp
- TSEM+4.95%+0.09pp
- MU+2.30%+0.07pp
- NVEC+4.23%+0.06pp
- NOK+1.89%+0.04pp
- AMAT-5.12%-0.09pp
- INTC-1.97%-0.05pp
- KLAC-2.70%-0.05pp
- AVGO-5.94%-0.05pp
- NET-4.55%-0.04pp
This month (21d)
- TER+29.94%+0.51pp
- HPE+30.09%+0.49pp
- MRVL+17.91%+0.46pp
- MU+13.88%+0.44pp
- CRWV+44.37%+0.43pp
- STM-13.51%-0.34pp
- AMAT-9.58%-0.17pp
- NXPI-13.28%-0.15pp
- CRUS-11.59%-0.13pp
- KLAC-7.13%-0.13pp
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+47.37%
- CRWV+44.37%
- MDB+40.09%
- ESTC+39.56%
- RGTI+33.48%
- STM-13.51%
- NXPI-13.28%
- CRUS-11.59%
- CDNS-10.92%
- TDC-10.51%
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% | 971.66 | +2.30% | +10.72% | +13.88% | +240.59% | 57 |
| INTC Intel Corp | 2.62% | 102.50 | -1.97% | +0.84% | +5.69% | +177.78% | 46 |
| MRVL Marvell Technology Inc | 2.59% | 222.02 | -0.07% | +1.51% | +17.91% | +161.58% | 66 |
| STM Stmicroelectronics N.V. ADR | 2.52% | 54.29 | +0.69% | -3.23% | -13.51% | +109.89% | 0 |
| ARM Arm Holdings Plc ADR | 2.30% | 279.44 | +0.28% | -1.11% | +6.65% | +155.64% | 48 |
| NOK Nokia Corp ADR | 2.04% | 10.76 | +1.89% | +14.96% | +3.66% | +67.50% | 36 |
| AMD Adv Micro Devices | 1.98% | 514.39 | +6.50% | +6.42% | +2.68% | +140.19% | 30 |
| ALAB Astera Labs Inc | 1.91% | 321.61 | -0.36% | -3.76% | +0.58% | +93.32% | 23 |
| LRCX Lam Research Corp | 1.87% | 332.36 | -1.38% | +6.75% | +3.55% | +94.53% | 34 |
| MKSI Mks Inc | 1.82% | 310.73 | +1.45% | +1.88% | -6.41% | +94.64% | 13 |
| ON On Semiconductor | 1.82% | 82.66 | +1.35% | +1.84% | -6.20% | +52.65% | 15 |
| TSEM Tower Semiconductor | 1.78% | 265.48 | +4.95% | +5.14% | +11.58% | +126.09% | 52 |
| AMAT Applied Materials | 1.77% | 507.18 | -5.12% | -5.93% | -9.58% | +97.60% | 8 |
| COHR Coherent Corp | 1.77% | 325.83 | -0.43% | -14.06% | +17.65% | +76.53% | 62 |
| KLAC K L A-Tencor Corp | 1.76% | 203.72 | -2.70% | +2.83% | -7.13% | — | 11 |
| TER Teradyne Inc | 1.69% | 418.79 | +2.01% | +10.41% | +29.94% | +116.45% | 87 |
| ONTO Onto Innovation Inc | 1.65% | 331.71 | -1.81% | +7.59% | +17.79% | +110.13% | 64 |
| HPE Hewlett Packard Enterprise | 1.63% | 58.71 | -1.86% | +10.32% | +30.09% | +146.00% | 89 |
| LSCC Lattice Semicond | 1.58% | 130.46 | +1.58% | +0.33% | +4.79% | +77.30% | 39 |
| ASML ASML Holdings NY Reg ADR | 1.42% | 1844.08 | -0.21% | +5.92% | +3.32% | +72.97% | 31 |
| TXN Texas Instruments | 1.42% | 279.58 | +2.25% | -2.27% | -4.00% | +62.20% | 16 |
| NVEC Nve Corp | 1.38% | 121.25 | +4.23% | -3.72% | — | — | — |
| CSCO Cisco Systems Inc | 1.29% | 111.68 | -1.58% | -8.03% | +1.84% | +46.55% | 26 |
| ADI Analog Devices | 1.27% | 389.39 | +2.16% | -0.14% | +2.33% | +44.03% | 28 |
| MCHP Microchip Technology | 1.20% | 79.17 | +1.91% | -6.52% | -3.07% | +24.98% | 18 |
| TSM Taiwan Semiconductor ADR | 1.17% | 426.35 | -0.96% | +1.50% | +4.05% | +40.61% | 38 |
| NXPI Nxp Semiconductors | 1.13% | 234.71 | +1.21% | -2.09% | -13.28% | +8.69% | 2 |
| CRUS Cirrus Logic Inc | 1.11% | 121.09 | -0.11% | -3.07% | -11.59% | +2.19% | 3 |
| LMT Lockheed Martin Corp | 0.99% | 608.68 | +1.78% | +3.53% | +18.53% | +26.51% | 69 |
| QCOM Qualcomm Inc | 0.99% | 165.79 | +0.61% | -1.23% | -2.83% | -2.45% | 20 |
| CRWV Coreweave Inc Cl A | 0.98% | 105.26 | -0.97% | +16.09% | +44.37% | +46.99% | 97 |
| HON Honeywell International | 0.98% | 233.96 | -0.01% | -4.69% | +3.37% | +20.52% | 33 |
| CDNS Cadence Design Sys | 0.97% | 324.82 | +0.32% | -4.25% | -10.92% | +3.92% | 5 |
| GOOGL Alphabet Cl A | 0.96% | 345.90 | -0.13% | -2.37% | -2.41% | +10.59% | 21 |
| IONQ Ionq Inc | 0.96% | 46.26 | +2.85% | +4.12% | +31.79% | +3.10% | 90 |
| NVDA Nvidia Corp | 0.96% | 225.16 | -0.06% | +0.54% | +8.56% | +20.88% | 51 |
| NET Cloudflare Inc Cl A | 0.92% | 315.78 | -4.55% | +5.17% | +15.90% | +60.17% | 61 |
| SNOW Snowflake Inc Cl A | 0.92% | 328.92 | -2.51% | -0.48% | +21.81% | +49.95% | 79 |
| RTX Rtx Corp | 0.90% | 222.97 | +1.47% | +0.31% | +14.72% | +21.98% | 59 |
| TDC Teradata Corp | 0.89% | 27.68 | +0.18% | +1.06% | -10.51% | -9.07% | 7 |
| NTNX Nutanix Inc | 0.88% | 66.61 | -1.98% | +6.28% | +19.26% | +28.85% | 72 |
| NOC Northrop Grumman Corp | 0.85% | 585.87 | +1.94% | +2.50% | +12.96% | +3.08% | 54 |
| SNPS Synopsys Inc | 0.82% | 421.50 | +2.37% | +1.32% | +1.07% | -10.27% | 25 |
| BIDU Baidu Inc ADR | 0.79% | 103.67 | -0.96% | -5.51% | -8.11% | -20.66% | 10 |
| AVGO Broadcom Ltd | 0.79% | 392.99 | -5.94% | -8.13% | +4.95% | +13.79% | 43 |
| QBTS D-Wave Quantum Inc | 0.75% | 21.17 | +1.29% | +1.97% | +25.12% | -19.04% | 84 |
| IBM Intl Business Machines | 0.75% | 234.32 | -1.19% | -0.54% | +6.97% | -20.44% | 49 |
| BAH Booz Allen Hamilton Holding Corp | 0.71% | 77.46 | -1.20% | +2.63% | +18.69% | -7.48% | 70 |
| ORCL Oracle Corp | 0.71% | 150.52 | -3.65% | +2.38% | +21.18% | -22.30% | 75 |
| MSFT Microsoft Corp | 0.70% | 495.40 | -0.30% | -0.92% | +23.51% | +2.67% | 82 |
| MDB Mongodb Inc Cl A | 0.69% | 460.33 | -2.53% | +15.43% | +40.09% | +9.68% | 95 |
| RGTI Rigetti Computing Inc | 0.69% | 18.82 | +1.07% | +4.91% | +33.48% | -15.03% | 92 |
| QUBT Quantum Computing Inc | 0.68% | 9.01 | +1.01% | -1.85% | +17.93% | -12.18% | 67 |
| ESTC Elastic N.V. | 0.66% | 86.68 | +0.76% | +15.40% | +39.56% | +14.90% | 93 |
| WIT Wipro Ltd ADR | 0.65% | 1.94 | -1.02% | -3.96% | +4.86% | -29.92% | 41 |
| RDNT Radnet Inc | 0.63% | 76.35 | -1.24% | +5.48% | +21.21% | +7.01% | 77 |
| BABA Alibaba Group Holding ADR | 0.61% | 123.81 | +1.35% | -3.58% | +5.38% | -15.53% | 44 |
| PLTR Palantir Technologies Cl A | 0.58% | 174.04 | -2.78% | +1.18% | +29.46% | -2.09% | 85 |
| BTQ Btq Technologies Corp | 0.54% | 4.06 | -1.22% | -0.98% | +20.47% | -20.70% | 74 |
| CRM Salesforce Inc | 0.54% | 196.21 | -2.56% | +1.80% | +13.63% | -25.75% | 56 |
| ACN Accenture Plc | 0.54% | 176.89 | -0.90% | +0.67% | +22.32% | -33.12% | 80 |
| ARQQ Arqit Quantum Inc | 0.40% | 24.36 | +2.57% | +6.38% | +47.37% | +11.33% | 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.