Constituent dispersion · breadth vs the index

RXI — Global Discretionary

75/133 covered · 72% by weight · benchmark: RXI price · closes through 2026-09-04 ·holdings as of 2026-06-16

Concentration 45.58% in top 5 13.89 effective names · HHI 720
RS vs S&P 500 21d -3.60pp sector return − SPY
RS vs Nasdaq-100 21d -3.99pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -3.39% · A/D -123 (-1.64/name)
RXI 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.

HorizonPriceA/D /name% beating ΔMedian−ETF ΔRead
1 week -1.77% -0.57 +19pp +1.96pp Confirming ↓
1 month -3.39% -1.64 -2pp -0.62pp Confirming ↓
1 quarter +1.61% +0.27 -19pp -2.54pp Confirming ↑

Over the last 126 sessions: price up +0.06%, breadth down (-1.47/name) · % beating 40→51 · median−ETF -2.01pp→+0.03pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.57% +0.13% +0.69pp 40 / 35 54 / 21 32 of 75 ±2.7%
5d -1.77% -2.05% -0.29pp 20 / 55 33 / 42 25 of 75 ±3.84%
21d -3.39% -3.35% +0.03pp 21 / 54 38 / 37 8 of 75 ±7.97%
YTD -4.31% -1.00% +3.31pp 33 / 40 42 / 31 5 of 73 ±25.55%

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)

  • HD+0.94%+0.04pp
  • AMS+6.29%+0.03pp
  • LOW+1.26%+0.02pp
  • F+1.46%+0.01pp
  • ITX.MC+1.13%+0.01pp
  • TSLA-5.92%-0.43pp
  • MCD-1.52%-0.05pp
  • DASH-4.63%-0.04pp
  • LULU-17.38%-0.04pp
  • AMZN-0.15%-0.02pp

This month (21d)

  • TSLA+10.81%+0.79pp
  • ABNB+19.98%+0.18pp
  • CVNA+9.15%+0.06pp
  • CMG+9.64%+0.06pp
  • F+7.17%+0.06pp
  • AMZN-5.05%-0.82pp
  • TJX-18.24%-0.5pp
  • HD-8.15%-0.35pp
  • MC-10.87%-0.24pp
  • MCD-7.45%-0.23pp

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)

  • ABNB+19.98%
  • BBY+12.81%
  • TSLA+10.81%
  • QSR+9.94%
  • CMG+9.64%
  • TPR-24.60%
  • NCLH-19.62%
  • LULU-19.34%
  • TJX-18.24%
  • CCL-17.91%

RXI — constituent leadership race

$100 in each covered RXI constituent at 2025-12-30, 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 — 75 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
AMZN Amazon.com Inc 16.23% 258.51 -0.15% -2.97% -5.05% +12.00% 40
TSLA Tesla Inc 7.26% 354.08 -5.92% +1.53% +10.81% -21.27% 96
HD Home Depot 4.24% 321.05 +0.94% -2.05% -8.15% -6.07% 23
MCD McDonald's Corp 3.15% 255.69 -1.52% -2.83% -7.45% -15.87% 28
TJX TJX Companies 2.72% 132.08 -0.08% -2.25% -18.24% -13.77% 4
MC Moelis 2.17% 429.10 -0.45% -6.34% -10.87% -32.39% 12
BKNG Booking Holdings 2.00% 193.29 -0.94% -6.00% -6.80% 31
LOW Lowe's Companies 1.90% 204.45 +1.26% -1.73% -6.39% -14.43% 33
SBUX Starbucks Corp 1.85% 104.47 -1.28% -3.13% -0.09% +24.86% 71
CFR Cullen/Frost Bankers 1.66% 162.62 -0.07% +1.22% -1.30% +30.30% 64
MAR Marriot Int Cl A 1.27% 336.51 +0.13% -4.15% -6.44% +8.68% 32
ORLY O'Reilly Automotive 1.21% 87.89 +0.58% -0.69% -5.87% -3.64% 36
HLT Hilton Inc 1.15% 311.18 -1.01% -3.32% -3.35% +8.43% 49
ROST Ross Stores Inc 1.09% 230.69 -0.42% +0.94% -9.29% +28.33% 17
GM General Motors Company 1.08% 87.76 +0.83% +1.94% +0.94% +8.41% 75
ITX.MC INDUSTRIA DE DISENO TEXTIL SA 1.02% 57.44 +1.13% -1.51% -2.31% +3.70% 55
RCL Royal Caribbean Cruises Ltd 1.02% 265.19 -0.14% -5.09% -17.27% -3.92% 7
RMS.PA HERMES INTERNATIONAL 1.01% 1457.00 -1.65% -8.82% -10.39% -30.65% 13
PRX.AS PROSUS NV CLASS N 0.95% 37.13 +0.66% -4.04% -9.85% -29.75% 15
WES Western Midstream Partners LP 0.94% 49.54 +0.71% +2.57% +5.49% +33.65% 88
DASH Doordash Inc Cl A 0.92% 211.73 -4.63% -10.56% -0.72% -6.51% 67
AZO Autozone 0.88% 2983.29 +0.51% +0.72% -2.81% -12.04% 52
ABNB Airbnb Inc Cl A 0.88% 181.94 -1.79% -3.95% +19.98% +34.06% 99
F Ford Motor Company 0.84% 14.62 +1.46% +5.33% +7.17% +14.06% 91
EBAY Ebay Inc 0.83% 103.41 -2.31% -2.09% -6.11% +19.45% 35
NKE Nike Inc 0.82% 38.40 -0.95% -2.00% -8.57% -39.33% 20
CVNA Carvana Company Cl A 0.71% 74.59 +1.58% +0.74% +9.15% 92
YUM Yum! Brands 0.67% 150.71 -1.20% -2.05% -1.03% +0.57% 65
CMG Chipotle Mexican Grill 0.66% 36.96 -1.62% -2.81% +9.64% -0.11% 93
RACE Ferrari N.V. 0.66% 409.95 -1.91% -2.52% +0.66% +12.21% 72
GRMN Garmin Ltd 0.61% 277.03 -0.05% -2.86% -8.23% +37.09% 21
DHI D.R. Horton 0.61% 142.75 -1.15% -3.15% -2.23% -0.31% 56
CCL Carnival Corporation Ltd 0.52% 23.51 +0.13% -5.05% -17.91% -22.19% 5
TPR Tapestry Inc 0.44% 122.14 +0.00% -2.30% -24.60% -3.88% 0
AMS American Shared Hospital Services 0.42% 18.09 +6.29% -0.39% +2.73% +130.45% 77
QSR Restaurant Brands International 0.41% 80.17 -0.11% +2.44% +9.94% +19.62% 95
EXPE Expedia Group Inc 0.40% 298.04 -1.68% -9.53% -2.78% +5.65% 53
IHG Intercontinental Hotels Group ADR 0.36% 159.80 +0.50% -1.90% -0.28% +14.53% 68
WSM Williams-Sonoma 0.36% 227.42 +2.09% -3.26% -7.89% +28.25% 24
DRI Darden Restaurants 0.35% 216.88 -0.53% +0.58% +2.82% +19.65% 80
ULTA Ulta Beauty Inc 0.35% 564.12 +1.26% +9.01% +4.70% -6.76% 87
PHM Pultegroup 0.35% 124.45 +0.11% -3.19% -3.94% +6.36% 44
ALL Allstate Corp 0.35% 259.57 -1.35% +0.03% -5.65% +25.99% 37
NXT.LSE Nextpower Inc 0.32% 15335.00 +0.85% -1.29% -2.08% +15.07% 57
KER.PA KERING SA 0.31% 245.20 +0.25% -3.54% -15.38% -17.29% 8
LEN Lennar Corp 0.30% 83.58 -1.03% -3.19% -1.46% -17.90% 61
NVR NVR Inc 0.26% 6298.85 -1.18% -1.52% -0.09% -13.63% 69
TSCO Tractor Supply Company 0.26% 34.99 +1.13% +0.78% +2.64% -29.15% 76
LVS Las Vegas Sands 0.23% 44.37 -0.31% -1.49% -3.77% -31.08% 45
DECK Deckers Outdoor Corp 0.23% 85.81 +1.55% -2.22% -12.32% -17.23% 9
RL Ralph Lauren Corp 0.23% 351.20 +2.03% -0.80% -11.28% -0.41% 11
GPC Genuine Parts Company 0.21% 138.08 +1.11% +1.20% +3.98% +14.56% 84
LULU Lululemon Athletica 0.21% 100.61 -17.38% -16.72% -19.34% -51.59% 3
HAS Hasbro Inc 0.19% 92.53 -0.51% -1.80% +0.92% +14.55% 73
BBY Best Buy Company 0.18% 90.27 +3.18% +9.50% +12.81% +36.93% 97
APTV Aptiv Plc 0.18% 47.95 +3.05% +4.81% +3.56% -36.98% 83
GIL Gildan Activewear 0.17% 53.40 -0.52% +0.53% -7.80% -13.37% 25
DPZ Domino's Pizza Inc 0.15% 341.08 -1.71% -2.55% -4.84% -17.76% 41
HM-B.ST HENNES & MAURITZ 0.13% 175.50 +1.80% +0.31% -1.96% -3.52% 59
WYNN Wynn Resorts Ltd 0.13% 91.54 -0.02% -3.91% -9.59% -23.56% 16
NCLH Norwegian Cruise Ord 0.12% 15.57 -0.13% -6.49% -19.62% -30.24% 1
UHR.SW THE SWATCH GROUP AG 0.12% 185.20 +1.23% -1.02% -1.72% +12.59% 60
MGM MGM Resorts International 0.11% 41.22 +0.22% -2.51% -7.79% +12.96% 27
PNDORA.CO PANDORA 0.11% 846.60 +0.88% -0.87% +4.13% +25.52% 85
KGF.LSE KINGFISHER PLC 0.10% 307.40 +3.29% -3.42% -4.77% +1.23% 43
POOL Pool Corp 0.09% 185.22 +0.62% -1.52% -7.28% -17.94% 29
RNO.PA RENAULT SA 0.09% 29.14 +1.01% -0.99% +3.33% -11.48% 81
WTB.LSE WHITBREAD PLC 0.08% 2380.00 +0.21% -3.72% -5.59% -4.28% 39
BRBY.LSE BURBERRY GROUP PLC 0.08% 1103.50 +0.59% +2.94% -8.73% -13.04% 19
BTRW.LSE BARRATT REDROW PLC 0.08% 304.30 -0.62% -4.76% -3.46% -18.61% 48
SW Smurfit Westrock Plc 0.07% 45.83 +1.26% -5.09% -1.45% +20.93% 63
BKG.LSE BERKELEY GROUP HOLDINGS (THE) PLC 0.06% 3456.00 +0.47% -2.43% -3.57% -11.48% 47
TW TAYLOR WIMPEY PLC 0.06% 106.20 +0.82% -2.33% +2.79% -1.00% 79
VOW.XETRA VOLKSWAGEN AG 0.05% 81.65 +5.90% +4.35% +6.94% -22.31% 89
UHRN.SW THE SWATCH GROUP AG 0.04% 36.35 +1.25% -1.09% -2.94% +7.94% 51

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.

FAQ · from the current data

RXI dispersion — data Q&A

Is RXI's move broad or carried by a few names (21 sessions)?

As of 2026-09-04: over 21 sessions the fund returned -3.39% while its median constituent returned -3.35% — a dispersion of 7.97 pp; 51% of 75 members beat the fund. Broad decline - breadth is falling with price.

How did RXI's members trade in the last session?

As of 2026-09-04: fund -0.57%, median member +0.13%, 40 advancers vs 35 decliners.

What does the dispersion page for RXI measure?

It splits the fund into its members: the fund's own return against the median constituent, how many members beat the fund, advancers vs decliners, and a cumulative advance/decline line that tends to lead price. A firm fund price with a weak median and a falling A/D line is a narrow, top-heavy tape; a broad move shows the median keeping up. 75 constituents covered, re-baked nightly from the Closelook lake.

Is this investment advice?

No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.