Constituent dispersion · breadth vs the index
RUBIN — Rubin Build-Out 100 (EW)
Concentration 4% in top 5 125 effective names · HHI 80
RS vs S&P 500 21d -10.59pp sector return − SPY
RS vs Nasdaq-100 21d -6.64pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -11.27% · A/D -268 (-2.16/name)
RUBIN price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections
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 | -6.02% | -1.39 | +13pp | +3.19pp | Confirming ↓ |
| 1 month | -11.27% | -2.16 | +12pp | +6.20pp | Confirming ↓ |
| 1 quarter | +22.67% | +0.69 | +1pp | +0.14pp | Confirming ↑ |
Over the last 126 sessions: price up +71.05%, breadth up (+6.98/name) · % beating 45→48 · median−ETF -4.99pp→-0.60pp.
Stocks above their moving average — participation breadth
Of the 124 covered constituents, the share trading above each simple moving average — the classic breadth gauge. A firm index price with a low %-above-MA is a narrow, top-heavy tape. As of 2026-07-16.
5-day 8.06% 10/124 above
20-day 3.23% 4/124 above
50-day 15.32% 19/124 above
100-day 62.6% 77/123 above
150-day 86.18% 106/123 above
200-day 94.26% 115/122 above
% of constituents above their 50-day average — breadth over the last year; 50% is the participation midpoint
New highs & new lows — by horizon
How many of the 124 covered constituents closed today at a new high (or low) over each window, and the net. A shrinking net as the index holds up = fewer names leading.
| Horizon | New highs | New lows | Net |
|---|---|---|---|
| 5-Day | 2 (2%) | 89 (72%) | -87 |
| 1-Month | 1 (1%) | 72 (58%) | -71 |
| 3-Month | 0 (0%) | 12 (10%) | -12 |
| 6-Month | 0 (0%) | 0 (0%) | +0 |
| 52-Week | 0 (0%) | 0 (0%) | +0 |
| YTD | 0 (0%) | 0 (0%) | +0 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -4.32% | -2.30% | +2.02pp | 23 / 101 | 85 / 39 | 18 of 124 | ±4.14% |
| 5d | -6.02% | -8.87% | -2.85pp | 10 / 114 | 41 / 83 | 6 of 124 | ±7.44% |
| 21d | -11.27% | -15.93% | -4.67pp | 7 / 117 | 43 / 81 | 5 of 124 | ±11.06% |
| YTD | +105.28% | +67.97% | -37.31pp | 115 / 4 | 32 / 87 | 0 of 119 | ±81.69% |
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)
- BE+3.98%+0.03pp
- FN+3.95%+0.03pp
- LITE+3.77%+0.03pp
- ENTG+3.08%+0.02pp
- WDC+2.23%+0.02pp
- AMS.SW-17.23%-0.14pp
- 285A.T-16.10%-0.13pp
- 3436.T-15.17%-0.12pp
- 6890.T-12.38%-0.1pp
- 000660.KS-11.53%-0.09pp
This month (21d)
- 6488.TW+12.73%+0.1pp
- GEV+7.68%+0.06pp
- AI.PA+5.59%+0.04pp
- ASX+4.26%+0.03pp
- 7731.T+3.12%+0.02pp
- 285A.T-46.22%-0.37pp
- LPK.DE-42.31%-0.34pp
- AAOI-40.04%-0.32pp
- 4062.T-39.00%-0.31pp
- 6981.T-35.02%-0.28pp
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)
- 6488.TW+12.73%
- GEV+7.68%
- AI.PA+5.59%
- ASX+4.26%
- 7731.T+3.12%
- 285A.T-46.22%
- LPK.DE-42.31%
- AAOI-40.04%
- 4062.T-39.00%
- 6981.T-35.02%
RUBIN — constituent leadership race
$100 in each covered RUBIN constituent at 2026-01-07, rebased to 100. Watch leadership change hands.
0%
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 — 124 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| CDNS Cadence Design Systems | 0.80% | 330.11 | -9.47% | -14.07% | -14.89% | +5.61% | 53 |
| SNPS Synopsys | 0.80% | 384.28 | -7.85% | -13.74% | -14.30% | -18.19% | 56 |
| ARM ARM Holdings | 0.80% | 267.19 | +1.98% | -17.38% | -32.59% | +144.43% | 5 |
| NVDA NVIDIA | 0.80% | 202.81 | -2.21% | -3.86% | -2.22% | +8.88% | 87 |
| AVGO Broadcom | 0.80% | 370.83 | -0.97% | -7.29% | -1.40% | +7.37% | 90 |
| AMD AMD | 0.80% | 495.76 | -1.03% | -11.14% | -2.27% | +131.49% | 86 |
| QCOM Qualcomm | 0.80% | 171.78 | +0.69% | -9.19% | -19.76% | +1.07% | 32 |
| TSM TSMC | 0.80% | 398.37 | -2.77% | -8.23% | -6.45% | +31.39% | 78 |
| ASX ASE Group | 0.80% | 38.41 | -2.78% | -9.96% | +4.26% | +138.57% | 97 |
| GFS GlobalFoundries | 0.80% | 57.48 | -1.30% | -16.66% | -27.97% | +64.60% | 12 |
| AMKR Amkor Technology | 0.80% | 62.94 | -0.13% | -10.69% | -27.28% | +59.73% | 15 |
| TSEM Tower Semiconductor | 0.80% | 234.10 | -1.61% | +5.10% | -12.82% | +99.37% | 59 |
| ASML ASML | 0.80% | 1747.58 | -2.09% | -2.77% | -3.12% | +63.92% | 85 |
| SMHN.DE SÜSS MicroTec | 0.80% | 79.30 | -4.57% | -6.49% | -22.78% | +102.61% | 26 |
| 7731.T Nikon | 0.80% | 2198.50 | -4.31% | -1.52% | +3.12% | +26.06% | 96 |
| 7751.T Canon | 0.80% | 4466.00 | +1.57% | +2.90% | +2.55% | -3.60% | 94 |
| 8035.T Tokyo Electron | 0.80% | 65100.00 | -8.17% | -10.75% | -14.43% | +89.69% | 55 |
| LRCX Lam Research | 0.80% | 313.30 | -2.39% | -10.57% | -15.11% | +83.37% | 52 |
| AMAT Applied Materials | 0.80% | 529.66 | -5.57% | -12.09% | -6.79% | +106.36% | 77 |
| ASM.AS ASM International | 0.80% | 869.40 | -4.04% | -4.50% | -18.79% | +67.97% | 39 |
| AIXA.DE Aixtron | 0.80% | 39.46 | -1.47% | -9.56% | -34.34% | +128.03% | 4 |
| VACN.SW VAT Group | 0.80% | 666.20 | -3.62% | -2.12% | -3.14% | +74.75% | 85 |
| IFCN.SW INFICON | 0.80% | 159.20 | -5.01% | -7.12% | -8.40% | +63.66% | 74 |
| COTN.SW Comet Group | 0.80% | 352.00 | -4.76% | -11.51% | -16.39% | +56.70% | 47 |
| 6525.T Kokusai Electric | 0.80% | 8801.00 | -11.01% | -18.81% | -9.07% | +60.16% | 71 |
| 6146.T DISCO Corp | 0.80% | 64780.00 | -8.23% | -10.72% | -23.78% | +34.48% | 23 |
| BESI.AS BESI | 0.80% | 225.50 | -4.53% | -11.67% | -29.04% | +69.66% | 10 |
| 0522.HK ASMPT | 0.80% | 161.30 | -9.13% | -14.16% | -17.03% | +108.26% | 42 |
| 042700.KS Hanmi Semiconductor | 0.80% | 242500.00 | -10.02% | +12.53% | -24.10% | +90.94% | 23 |
| KLIC Kulicke & Soffa | 0.80% | 97.22 | -1.82% | -14.28% | -16.95% | +114.06% | 43 |
| NDSN Nordson | 0.80% | 288.98 | -1.49% | +0.83% | -1.06% | +20.56% | 91 |
| LPK.DE LPKF Laser & Electronics | 0.80% | 15.00 | -6.83% | -13.79% | -42.31% | +168.34% | 1 |
| 000660.KS SK hynix | 0.80% | 1842000.00 | -11.53% | -15.74% | -26.93% | +183.47% | 16 |
| 005930.KS Samsung Electronics | 0.80% | 255000.00 | -8.77% | -8.27% | -26.41% | +113.12% | 17 |
| MU Micron Technology | 0.80% | 848.95 | -0.50% | -13.31% | -16.83% | +197.57% | 45 |
| SNDK SanDisk | 0.80% | 1354.82 | -3.99% | -29.29% | -31.97% | +470.74% | 6 |
| 285A.T Kioxia | 0.80% | 52110.00 | -16.10% | -32.32% | -46.22% | +399.38% | 0 |
| 6857.T Advantest | 0.80% | 27505.00 | -7.20% | -7.79% | -9.22% | +40.08% | 70 |
| TER Teradyne | 0.80% | 322.36 | +0.02% | -10.36% | -21.25% | +66.61% | 28 |
| 6890.T Ferrotec Holdings | 0.80% | 7010.00 | -12.38% | -22.88% | -31.81% | +39.36% | 7 |
| KLAC KLA Corp | 0.80% | 212.75 | -3.02% | -8.11% | -10.36% | — | 66 |
| FORM FormFactor | 0.80% | 105.57 | -1.44% | -10.17% | -24.72% | +89.26% | 21 |
| ONTO Onto Innovation | 0.80% | 279.85 | -0.62% | -12.94% | -11.48% | +77.28% | 64 |
| CAMT Camtek | 0.80% | 146.15 | -1.20% | +1.64% | -19.80% | +37.43% | 31 |
| 6920.T Lasertec | 0.80% | 41890.00 | -9.66% | -5.61% | -25.79% | +41.31% | 19 |
| NVMI Nova Ltd | 0.80% | 437.46 | -3.03% | -8.08% | -20.56% | +33.21% | 29 |
| TPRO.MI Technoprobe | 0.80% | 30.16 | -6.65% | -1.87% | -20.17% | +150.34% | 31 |
| COHU Cohu | 0.80% | 51.19 | -0.62% | -8.87% | -17.98% | +119.98% | 40 |
| 6965.T Hamamatsu Photonics | 0.80% | 2302.00 | -4.00% | -8.23% | -16.91% | +38.59% | 44 |
| PDFS PDF Solutions | 0.80% | 51.14 | -1.52% | -7.89% | -16.85% | +79.25% | 44 |
| AEHR Aehr Test Systems | 0.80% | 81.05 | -3.74% | +11.64% | -22.68% | +301.44% | 27 |
| 5201.T AGC Inc. | 0.80% | 6135.00 | -4.47% | -4.53% | -18.89% | +18.14% | 37 |
| GLW Corning | 0.80% | 154.61 | -2.39% | -19.01% | -12.86% | +76.91% | 58 |
| INTC Intel | 0.80% | 95.04 | -2.00% | -13.47% | -18.80% | +157.56% | 38 |
| 4062.T Ibiden | 0.80% | 15685.00 | -9.88% | -22.73% | -39.00% | +133.03% | 2 |
| ATS.VI AT&S | 0.80% | 162.00 | -7.22% | -13.28% | -28.32% | +403.11% | 11 |
| 3037.TW Unimicron | 0.80% | 794.00 | -9.98% | -9.26% | -19.64% | +260.91% | 33 |
| IFX.DE Infineon | 0.80% | 63.66 | -1.62% | -12.17% | -22.38% | +70.02% | 27 |
| STM STMicroelectronics | 0.80% | 62.06 | -1.13% | -13.15% | -16.66% | +139.93% | 46 |
| MPWR Monolithic Power Systems | 0.80% | 1312.00 | +0.49% | -3.01% | -12.46% | +45.04% | 63 |
| ON onsemi | 0.80% | 87.37 | -0.85% | -8.95% | -26.11% | +61.35% | 18 |
| 6723.T Renesas Electronics | 0.80% | 3822.00 | -7.66% | -19.74% | -16.00% | +78.60% | 49 |
| ALGM Allegro MicroSystems | 0.80% | 46.48 | -1.36% | -15.29% | -12.78% | +76.19% | 60 |
| TXN Texas Instruments | 0.80% | 284.02 | -2.47% | -8.81% | -7.09% | +64.78% | 77 |
| SU.PA Schneider Electric | 0.80% | 262.45 | -0.72% | -2.67% | -9.81% | +11.73% | 69 |
| ETN Eaton | 0.80% | 399.99 | +0.94% | -1.79% | -1.89% | +25.97% | 90 |
| 2308.TW Delta Electronics | 0.80% | 1740.00 | -8.66% | -7.45% | -19.26% | +80.69% | 35 |
| VRT Vertiv | 0.80% | 289.56 | -1.55% | -9.19% | -3.35% | +78.77% | 84 |
| MOD Modine Manufacturing | 0.80% | 229.34 | +1.37% | -6.74% | -19.52% | +71.78% | 35 |
| NVT nVent Electric | 0.80% | 154.92 | +0.83% | -3.61% | -7.42% | +52.44% | 76 |
| 6367.T Daikin | 0.80% | 24500.00 | -1.49% | -2.43% | +2.96% | +22.01% | 95 |
| CARR Carrier Global | 0.80% | 68.69 | -0.94% | -0.94% | -3.46% | +31.02% | 83 |
| APH Amphenol | 0.80% | 151.20 | -1.27% | -4.94% | -4.65% | +12.11% | 81 |
| COHR Coherent | 0.80% | 277.60 | +0.23% | -14.45% | -27.48% | +50.40% | 14 |
| LITE Lumentum | 0.80% | 732.82 | +3.77% | -8.63% | -16.28% | +98.82% | 48 |
| MRVL Marvell Technology | 0.80% | 188.68 | +0.20% | -19.99% | -32.29% | +122.30% | 6 |
| FN Fabrinet | 0.80% | 478.39 | +3.95% | +1.54% | -18.65% | +5.08% | 40 |
| 5801.T Furukawa Electric | 0.80% | 3262.00 | -6.10% | -12.43% | -29.64% | +225.87% | 9 |
| CRDO Credo Technology | 0.80% | 202.68 | -2.54% | -21.38% | -15.26% | +40.86% | 51 |
| ALAB Astera Labs | 0.80% | 303.62 | -5.04% | -26.48% | -16.06% | +82.51% | 48 |
| MTSI MACOM Technology | 0.80% | 267.36 | -2.95% | -13.34% | -27.41% | +56.10% | 15 |
| AAOI Applied Optoelectronics | 0.80% | 102.41 | +2.16% | -14.60% | -40.04% | — | 2 |
| NOK Nokia | 0.80% | 10.12 | -2.50% | -18.65% | -27.61% | +57.54% | 13 |
| 4004.T Resonac | 0.80% | 13910.00 | -6.61% | -13.87% | -24.48% | +113.15% | 22 |
| 4063.T Shin-Etsu Chemical | 0.80% | 7157.00 | -2.77% | -2.23% | -4.05% | +46.87% | 82 |
| ENTG Entegris | 0.80% | 138.74 | +3.08% | -4.55% | -8.49% | +64.93% | 73 |
| 3436.T Sumco | 0.80% | 3914.00 | -15.17% | -25.36% | -9.40% | +172.75% | 69 |
| SOI.PA Soitec | 0.80% | 87.34 | -3.15% | -10.88% | -25.03% | +276.63% | 20 |
| 6981.T Murata Manufacturing | 0.80% | 7632.00 | -9.14% | -22.60% | -35.02% | +135.12% | 3 |
| WAF.DE Siltronic | 0.80% | 85.80 | -3.54% | -4.13% | -7.74% | +75.46% | 75 |
| 6488.TW GlobalWafers | 0.80% | 1240.00 | -9.49% | -7.79% | +12.73% | +205.42% | 99 |
| PLAB Photronics | 0.80% | 28.85 | -0.59% | -3.51% | -5.19% | -9.84% | 81 |
| 7911.T Toppan Holdings | 0.80% | 4515.00 | -4.87% | -13.19% | -0.75% | -3.13% | 94 |
| MKSI MKS Instruments | 0.80% | 324.69 | -2.20% | -11.91% | -11.36% | +103.38% | 65 |
| 6361.T Ebara | 0.80% | 5384.00 | -7.65% | -12.13% | -19.57% | +46.15% | 34 |
| AEIS Advanced Energy | 0.80% | 284.05 | -0.64% | -7.79% | -18.95% | +35.71% | 36 |
| 6856.T Horiba | 0.80% | 25495.00 | -8.41% | -8.29% | -10.36% | +59.74% | 67 |
| ACLS Axcelis Technologies | 0.80% | 136.42 | -2.10% | -4.83% | -22.86% | +69.80% | 25 |
| LIN Linde | 0.80% | 513.22 | -1.44% | -3.13% | -0.96% | +20.77% | 93 |
| AI.PA Air Liquide | 0.80% | 176.46 | -0.35% | +1.24% | +5.59% | +10.11% | 98 |
| DD DuPont | 0.80% | 135.29 | +0.74% | +0.45% | -6.13% | — | 79 |
| 2802.T Ajinomoto | 0.80% | 5194.00 | -3.12% | -9.37% | -10.25% | +56.59% | 68 |
| WDC Western Digital | 0.80% | 477.22 | +2.23% | -18.09% | -29.93% | +177.15% | 8 |
| AAON AAON | 0.80% | 111.42 | -1.57% | -2.40% | -14.73% | +46.41% | 54 |
| DELL Dell Technologies | 0.80% | 396.34 | +1.27% | -8.88% | -1.92% | +217.21% | 89 |
| HPE Hewlett Packard Enterprise | 0.80% | 45.82 | +1.53% | -5.60% | -5.29% | +91.99% | 80 |
| 0992.HK Lenovo Group | 0.80% | 21.42 | -3.77% | -12.50% | -15.87% | +131.32% | 50 |
| 2382.TW Quanta Computer | 0.80% | 325.50 | -7.53% | -9.13% | -12.97% | +19.67% | 57 |
| 2317.TW Foxconn (Hon Hai) | 0.80% | 234.00 | -3.51% | -1.47% | -13.97% | +1.52% | 56 |
| POWL Powell Industries | 0.80% | 232.79 | -1.27% | +0.26% | -20.47% | — | 30 |
| GEV GE Vernova | 0.80% | 1057.84 | +2.09% | -3.09% | +7.68% | +62.07% | 98 |
| PRY.MI Prysmian | 0.80% | 125.35 | -4.53% | -7.18% | -15.16% | +46.20% | 52 |
| BE Bloom Energy | 0.80% | 214.96 | +3.98% | -12.12% | -23.47% | +147.39% | 24 |
| EME EMCOR Group | 0.80% | 744.16 | -0.78% | -4.76% | -10.85% | +21.77% | 65 |
| FIX Comfort Systems USA | 0.80% | 1674.06 | -0.39% | -4.67% | -12.53% | +79.54% | 62 |
| STRL Sterling Infrastructure | 0.80% | 638.56 | -0.44% | -6.41% | -25.55% | — | 19 |
| PWR Quanta Services | 0.80% | 628.53 | -0.39% | -4.56% | -12.62% | +48.99% | 61 |
| ABBN.SW ABB | 0.80% | 79.20 | +1.20% | -5.24% | -8.82% | +35.72% | 72 |
| ROK Rockwell Automation | 0.80% | 461.85 | -1.46% | -2.18% | -0.96% | +19.49% | 92 |
| 6506.T Yaskawa Electric | 0.80% | 5116.00 | -6.88% | -26.62% | -29.46% | +7.57% | 10 |
| 6861.T Keyence | 0.80% | 70880.00 | -4.28% | -7.91% | -8.57% | +25.05% | 73 |
| CGNX Cognex | 0.80% | 64.07 | +0.28% | -4.09% | -2.05% | +78.57% | 88 |
| AMS.SW ams-OSRAM | 0.80% | 15.08 | -17.23% | -19.53% | -17.64% | +92.10% | 41 |
| LSCC Lattice Semiconductor | 0.80% | 125.23 | +0.59% | -8.88% | -12.72% | +70.20% | 60 |
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.