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 | -1.50% | -0.56 | +4pp | +1.57pp | Confirming ↓ |
| 1 month | -12.71% | -2.05 | +21pp | +6.89pp | Confirming ↓ |
| 1 quarter | +7.56% | -1.47 | +16pp | +7.06pp | Weakening |
Over the last 126 sessions: price up +17.82%, breadth up (+0.37/name) · % beating 44→56 · median−ETF -1.93pp→+2.33pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -2.73% | -2.48% | +0.24pp | 18 / 43 | 33 / 29 | 13 of 62 | ±4.55% |
| 5d | -1.50% | -1.00% | +0.51pp | 25 / 36 | 33 / 28 | 9 of 61 | ±5.22% |
| 21d | -12.71% | -10.78% | +1.94pp | 16 / 45 | 34 / 27 | 3 of 61 | ±16.07% |
| YTD | +27.52% | +14.58% | -12.94pp | 37 / 23 | 24 / 36 | 0 of 60 | ±58.85% |
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)
- BAH+10.11%+0.07pp
- NTNX+4.58%+0.04pp
- WIT+5.06%+0.03pp
- ACN+5.95%+0.03pp
- IBM+3.65%+0.03pp
- MU-6.99%-0.22pp
- INTC-7.89%-0.21pp
- ALAB-10.82%-0.21pp
- ARM-8.14%-0.19pp
- MRVL-7.21%-0.19pp
This month (21d)
- LMT+18.50%+0.18pp
- SNOW+18.64%+0.17pp
- NET+17.30%+0.16pp
- NTNX+15.87%+0.14pp
- RTX+14.98%+0.13pp
- INTC-29.87%-0.78pp
- MRVL-29.80%-0.77pp
- STM-28.26%-0.71pp
- NOK-34.11%-0.7pp
- ARM-27.59%-0.63pp
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)
- SNOW+18.64%
- LMT+18.50%
- NET+17.30%
- NTNX+15.87%
- BAH+15.71%
- ARQQ-41.86%
- BTQ-39.51%
- IONQ-38.73%
- NOK-34.11%
- INTC-29.87%
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% | 920.95 | -6.99% | +8.48% | -12.17% | +222.81% | 48 |
| INTC Intel Corp | 2.62% | 92.32 | -7.89% | -2.86% | -29.87% | +150.19% | 7 |
| MRVL Marvell Technology Inc | 2.59% | 194.23 | -7.21% | +2.94% | -29.80% | +128.84% | 8 |
| STM Stmicroelectronics N.V. ADR | 2.52% | 51.54 | -3.65% | -16.95% | -28.26% | +99.26% | 13 |
| ARM Arm Holdings Plc ADR | 2.30% | 260.01 | -8.14% | -2.69% | -27.59% | +137.86% | 16 |
| NOK Nokia Corp ADR | 2.04% | 9.10 | -6.47% | -10.08% | -34.11% | +41.66% | 5 |
| AMD Adv Micro Devices | 1.98% | 521.95 | -3.29% | +5.28% | +0.43% | +143.72% | 74 |
| ALAB Astera Labs Inc | 1.91% | 291.58 | -10.82% | -3.97% | -27.09% | +75.27% | 20 |
| LRCX Lam Research Corp | 1.87% | 305.21 | -4.56% | -2.58% | -18.57% | +78.64% | 28 |
| MKSI Mks Inc | 1.82% | 329.18 | -4.67% | +1.38% | -13.74% | +106.19% | 43 |
| ON On Semiconductor | 1.82% | 86.81 | -3.68% | -0.64% | -25.00% | +60.31% | 23 |
| TSEM Tower Semiconductor | 1.78% | 233.37 | -10.39% | -0.31% | -15.24% | +98.75% | 38 |
| AMAT Applied Materials | 1.77% | 536.25 | -4.72% | +1.24% | -8.95% | +108.93% | 54 |
| COHR Coherent Corp | 1.77% | 282.39 | -9.84% | +1.73% | -28.05% | +53.00% | 15 |
| KLAC K L A-Tencor Corp | 1.76% | 210.52 | -3.75% | -1.05% | -12.46% | — | 44 |
| TER Teradyne Inc | 1.69% | 349.92 | -6.38% | +8.55% | -18.09% | +80.86% | 31 |
| ONTO Onto Innovation Inc | 1.65% | 272.62 | -6.40% | -2.58% | -15.40% | +72.70% | 34 |
| HPE Hewlett Packard Enterprise | 1.63% | 47.69 | +0.10% | +4.08% | -2.17% | +99.82% | 66 |
| LSCC Lattice Semicond | 1.58% | 128.42 | -7.03% | +2.55% | -10.78% | +74.53% | 49 |
| ASML ASML Holdings NY Reg ADR | 1.42% | 1757.09 | -2.55% | +0.54% | -0.32% | +64.81% | 69 |
| TXN Texas Instruments | 1.42% | 279.58 | -1.90% | -1.56% | -7.76% | +62.20% | 59 |
| NVEC Nve Corp | 1.38% | 117.55 | -12.41% | — | — | — | — |
| CSCO Cisco Systems Inc | 1.29% | 114.17 | +1.25% | +1.99% | -4.64% | +49.82% | 62 |
| ADI Analog Devices | 1.27% | 371.86 | -2.19% | -0.93% | -10.00% | +37.55% | 52 |
| MCHP Microchip Technology | 1.20% | 78.86 | -3.06% | -2.59% | -14.73% | +24.49% | 39 |
| TSM Taiwan Semiconductor ADR | 1.17% | 403.41 | -2.93% | +1.27% | -8.49% | +33.05% | 56 |
| NXPI Nxp Semiconductors | 1.13% | 269.24 | -2.90% | +1.02% | -8.44% | +24.68% | 57 |
| CRUS Cirrus Logic Inc | 1.11% | 133.61 | +0.06% | -3.17% | -15.26% | +12.75% | 36 |
| LMT Lockheed Martin Corp | 0.99% | 582.60 | +2.46% | +14.51% | +18.50% | +21.09% | 97 |
| QCOM Qualcomm Inc | 0.99% | 166.97 | -2.42% | -2.80% | -15.42% | -1.76% | 33 |
| CRWV Coreweave Inc Cl A | 0.98% | 71.88 | -11.37% | -1.82% | -28.75% | +0.38% | 11 |
| HON Honeywell International | 0.98% | 243.15 | -1.27% | +8.06% | +6.92% | +25.25% | 80 |
| CDNS Cadence Design Sys | 0.97% | 326.24 | -1.28% | -1.17% | -12.40% | +4.37% | 46 |
| GOOGL Alphabet Cl A | 0.96% | 319.74 | +0.65% | -7.79% | -7.40% | +2.23% | 61 |
| IONQ Ionq Inc | 0.96% | 32.84 | -3.61% | -5.58% | -38.73% | -26.81% | 3 |
| NVDA Nvidia Corp | 0.96% | 206.84 | -0.92% | +1.99% | +3.94% | +11.04% | 75 |
| NET Cloudflare Inc Cl A | 0.92% | 262.15 | -0.06% | -5.59% | +17.30% | +32.97% | 95 |
| SNOW Snowflake Inc Cl A | 0.92% | 268.06 | +1.11% | -0.31% | +18.64% | +22.20% | 98 |
| RTX Rtx Corp | 0.90% | 212.79 | +1.74% | +9.96% | +14.98% | +16.41% | 90 |
| TDC Teradata Corp | 0.89% | 28.52 | +3.03% | -6.55% | -10.00% | -6.31% | 51 |
| NTNX Nutanix Inc | 0.88% | 55.04 | +4.58% | -0.07% | +15.87% | +6.48% | 93 |
| NOC Northrop Grumman Corp | 0.85% | 542.24 | +1.64% | +3.96% | +7.80% | -4.60% | 84 |
| SNPS Synopsys Inc | 0.82% | 373.47 | -0.01% | -2.81% | -19.50% | -20.49% | 26 |
| BIDU Baidu Inc ADR | 0.79% | 105.34 | -1.91% | -1.77% | -2.30% | -19.38% | 64 |
| AVGO Broadcom Ltd | 0.79% | 381.92 | -2.69% | +2.99% | -0.04% | +10.58% | 72 |
| QBTS D-Wave Quantum Inc | 0.75% | 16.21 | -5.20% | -3.11% | -29.46% | -38.01% | 10 |
| IBM Intl Business Machines | 0.75% | 214.19 | +3.65% | +0.71% | -18.55% | -27.28% | 30 |
| BAH Booz Allen Hamilton Holding Corp | 0.71% | 72.53 | +10.11% | +11.23% | +15.71% | -13.37% | 92 |
| ORCL Oracle Corp | 0.71% | 114.99 | -4.21% | -9.03% | -27.00% | -40.64% | 21 |
| MSFT Microsoft Corp | 0.70% | 381.70 | +0.03% | -3.08% | +4.44% | -20.89% | 77 |
| MDB Mongodb Inc Cl A | 0.69% | 298.22 | -0.31% | -4.52% | -1.40% | -28.94% | 67 |
| RGTI Rigetti Computing Inc | 0.69% | 14.15 | -4.71% | +0.28% | -27.55% | -36.12% | 18 |
| QUBT Quantum Computing Inc | 0.68% | 7.43 | -5.47% | -4.74% | -23.40% | -27.58% | 25 |
| ESTC Elastic N.V. | 0.66% | 58.68 | +2.35% | -4.72% | -0.05% | -22.22% | 70 |
| WIT Wipro Ltd ADR | 0.65% | 1.87 | +5.06% | +0.54% | -14.61% | -32.45% | 41 |
| RDNT Radnet Inc | 0.63% | 61.57 | +0.97% | -1.00% | +5.86% | -13.71% | 79 |
| BABA Alibaba Group Holding ADR | 0.61% | 112.14 | -1.68% | -2.46% | +12.36% | -23.50% | 87 |
| PLTR Palantir Technologies Cl A | 0.58% | 122.92 | -0.36% | -7.15% | +8.30% | -30.85% | 85 |
| BTQ Btq Technologies Corp | 0.54% | 3.33 | +0.00% | +0.91% | -39.51% | -34.96% | 2 |
| CRM Salesforce Inc | 0.54% | 163.66 | +4.29% | -4.16% | +7.14% | -38.07% | 82 |
| ACN Accenture Plc | 0.54% | 146.99 | +5.95% | +2.38% | +13.81% | -44.43% | 89 |
| ARQQ Arqit Quantum Inc | 0.40% | 16.65 | -9.26% | -4.42% | -41.86% | -23.90% | 0 |
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.