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Constituent dispersion · breadth vs the index

RXI — Global Discretionary

75/133 covered · 72% by weight · benchmark: RXI price · closes through 2026-09-24 ·holdings as of 2026-06-16

Concentration 45.58% in top 5 13.89 effective names · HHI 720
RS vs S&P 500 21d -7.37pp sector return − SPY
RS vs Nasdaq-100 21d -11.47pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -7.2% · A/D -287 (-3.83/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 -1.62% -0.59 +10pp +1.18pp Confirming ↓
1 month -7.20% -3.83 +15pp +3.04pp Confirming ↓
1 quarter -1.93% -3.37 -24pp -8.42pp Confirming ↓

Over the last 126 sessions: price up +0.36%, breadth down (-2.47/name) · % beating 47→51 · median−ETF -0.34pp→+0.12pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.42% -0.23% +0.19pp 31 / 44 41 / 34 43 of 75 ±2.67%
5d -1.62% -1.29% +0.32pp 24 / 51 41 / 34 16 of 75 ±5.22%
21d -7.20% -7.08% +0.12pp 8 / 67 38 / 37 8 of 75 ±7.55%
YTD -9.29% -7.67% +1.62pp 27 / 46 38 / 35 2 of 73 ±29.18%

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)

  • RCL+3.77%+0.04pp
  • CFR+1.26%+0.02pp
  • BKNG+0.97%+0.02pp
  • HLT+1.60%+0.02pp
  • GRMN+2.59%+0.02pp
  • HD-1.53%-0.06pp
  • AMS-11.75%-0.05pp
  • TSLA-0.57%-0.04pp
  • GM-3.82%-0.04pp
  • LOW-1.50%-0.03pp

This month (21d)

  • TSLA+7.91%+0.57pp
  • AMS+16.47%+0.07pp
  • EBAY+2.04%+0.02pp
  • GRMN+2.28%+0.01pp
  • BBY+6.69%+0.01pp
  • AMZN-4.47%-0.73pp
  • HD-12.89%-0.55pp
  • BKNG-26.37%-0.53pp
  • MCD-10.96%-0.35pp
  • MC-12.49%-0.27pp

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)

  • AMS+16.47%
  • TSLA+7.91%
  • BBY+6.69%
  • GRMN+2.28%
  • ULTA+2.15%
  • BKNG-26.37%
  • GIL-25.57%
  • EXPE-22.44%
  • MGM-22.27%
  • ABNB-20.53%

RXI — constituent leadership race

$100 in each covered RXI constituent at 2025-12-30, rebased to 100. Watch leadership change hands.

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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% 249.38 +0.04% -0.72% -4.47% +8.04% 73
TSLA Tesla Inc 7.26% 377.94 -0.57% +3.21% +7.91% -15.96% 97
HD Home Depot 4.24% 292.18 -1.53% -3.41% -12.89% -14.52% 24
MCD McDonald's Corp 3.15% 237.02 -0.55% -4.61% -10.96% -22.02% 36
TJX TJX Companies 2.72% 131.63 +0.03% +4.01% -5.63% -14.07% 61
MC Moelis 2.17% 397.10 +0.05% -3.69% -12.49% -37.43% 25
BKNG Booking Holdings 2.00% 157.41 +0.97% -7.69% -26.37% — 0
LOW Lowe's Companies 1.90% 188.49 -1.50% -2.94% -12.17% -21.11% 28
SBUX Starbucks Corp 1.85% 93.65 -0.52% -3.12% -11.45% +11.93% 32
CFR Cullen/Frost Bankers 1.66% 156.21 +1.26% -2.15% -3.78% +25.17% 77
MAR Marriot Int Cl A 1.27% 351.51 -0.04% +5.24% -1.75% +13.52% 88
ORLY O'Reilly Automotive 1.21% 86.24 +0.40% +1.59% -4.52% -5.45% 72
HLT Hilton Inc 1.15% 312.13 +1.60% +3.17% -5.22% +8.76% 67
ROST Ross Stores Inc 1.09% 235.40 +0.61% +2.58% -2.40% +30.95% 85
GM General Motors Company 1.08% 80.57 -3.82% -6.98% -5.91% -0.47% 60
ITX.MC INDUSTRIA DE DISENO TEXTIL SA 1.02% 52.90 -0.23% +0.95% -9.20% -4.49% 43
RCL Royal Caribbean Cruises Ltd 1.02% 238.98 +3.77% -4.31% -18.24% -13.42% 9
RMS.PA HERMES INTERNATIONAL 1.01% 1354.50 +0.37% -1.49% -12.47% -35.53% 27
PRX.AS PROSUS NV CLASS N 0.95% 35.44 -0.88% -0.98% -6.76% -32.94% 53
WES Western Midstream Partners LP 0.94% 45.35 -0.66% -3.84% -5.40% +22.35% 65
DASH Doordash Inc Cl A 0.92% 187.53 -0.92% -3.61% -19.69% -17.20% 7
AZO Autozone 0.88% 2861.75 +0.65% +0.61% -5.47% -15.62% 64
ABNB Airbnb Inc Cl A 0.88% 151.39 +1.21% -8.76% -20.53% +11.55% 5
F Ford Motor Company 0.84% 12.60 -2.63% -7.42% -9.68% -1.70% 41
EBAY Ebay Inc 0.83% 107.83 -1.16% -4.49% +2.04% +24.56% 92
NKE Nike Inc 0.82% 35.99 -0.17% -1.02% -7.87% -43.13% 47
CVNA Carvana Company Cl A 0.71% 64.18 +0.36% -2.52% -15.30% — 16
YUM Yum! Brands 0.67% 137.34 -2.34% +1.17% -12.11% -8.35% 29
CMG Chipotle Mexican Grill 0.66% 32.01 -2.14% -4.48% -14.48% -13.49% 17
RACE Ferrari N.V. 0.66% 411.82 -0.30% -0.53% -2.38% +12.72% 87
GRMN Garmin Ltd 0.61% 295.04 +2.59% +7.15% +2.28% +46.00% 95
DHI D.R. Horton 0.61% 140.35 +0.13% -0.02% -6.93% -1.98% 52
CCL Carnival Corporation Ltd 0.52% 21.79 -0.05% -1.71% -16.64% -27.88% 13
TPR Tapestry Inc 0.44% 112.12 +1.46% -3.38% -13.51% -11.76% 20
AMS American Shared Hospital Services 0.42% 20.72 -11.75% +24.15% +16.47% +163.95% 99
QSR Restaurant Brands International 0.41% 70.91 -1.05% -2.38% -13.06% +5.80% 23
EXPE Expedia Group Inc 0.40% 261.75 +1.05% -8.01% -22.44% -7.21% 3
IHG Intercontinental Hotels Group ADR 0.36% 155.80 -0.42% +1.53% -4.39% +11.67% 76
WSM Williams-Sonoma 0.36% 228.66 +0.36% +4.45% -2.59% +28.95% 84
DRI Darden Restaurants 0.35% 207.24 -3.02% +0.24% -5.98% +14.33% 57
ULTA Ulta Beauty Inc 0.35% 548.78 +0.91% +0.93% +2.15% -9.29% 93
PHM Pultegroup 0.35% 118.18 -0.45% -0.56% -9.69% +1.00% 40
ALL Allstate Corp 0.35% 227.17 +0.67% -9.93% -11.45% +10.27% 31
NXT.LSE Nextpower Inc 0.32% 14400.00 -0.21% -3.49% -7.90% +8.05% 45
KER.PA KERING SA 0.31% 225.75 -0.68% -5.78% -10.68% -23.86% 37
LEN Lennar Corp 0.30% 81.47 -0.06% +2.22% -7.08% -19.97% 49
NVR NVR Inc 0.26% 6235.49 -0.10% -0.11% -3.08% -14.50% 81
TSCO Tractor Supply Company 0.26% 31.44 -2.63% -4.20% -11.14% -36.34% 35
LVS Las Vegas Sands 0.23% 38.65 -1.38% -4.97% -18.24% -39.96% 11
DECK Deckers Outdoor Corp 0.23% 78.68 +0.11% -1.29% -11.34% -24.11% 33
RL Ralph Lauren Corp 0.23% 351.86 +4.26% +5.64% -2.96% -0.22% 83
GPC Genuine Parts Company 0.21% 129.26 +0.39% -1.24% -5.57% +7.24% 63
LULU Lululemon Athletica 0.21% 101.64 -0.63% +2.26% -14.10% -51.09% 19
HAS Hasbro Inc 0.19% 86.81 +0.34% -2.20% -10.26% +7.47% 39
BBY Best Buy Company 0.18% 91.00 +0.22% -3.76% +6.69% +38.03% 96
APTV Aptiv Plc 0.18% 43.58 -3.52% -0.09% -6.54% -42.73% 55
GIL Gildan Activewear 0.17% 40.63 -12.04% -12.19% -25.57% -34.09% 1
DPZ Domino's Pizza Inc 0.15% 293.03 -1.15% -1.55% -16.26% -29.34% 15
HM-B.ST HENNES & MAURITZ 0.13% 162.85 -2.02% -0.88% -9.02% -10.48% 44
WYNN Wynn Resorts Ltd 0.13% 80.19 -1.55% -3.34% -18.79% -33.04% 8
NCLH Norwegian Cruise Ord 0.12% 14.19 +0.07% -1.39% -17.79% -36.42% 12
UHR.SW THE SWATCH GROUP AG 0.12% 179.75 -0.36% +1.41% -5.15% +9.28% 69
MGM MGM Resorts International 0.11% 33.69 -10.99% -12.06% -22.27% -7.67% 4
PNDORA.CO PANDORA 0.11% 840.00 +2.24% +3.99% +1.20% +24.55% 89
KGF.LSE KINGFISHER PLC 0.10% 328.20 -3.19% +6.08% +1.77% +8.08% 91
POOL Pool Corp 0.09% 161.71 -2.94% -3.54% -13.23% -28.35% 21
RNO.PA RENAULT SA 0.09% 26.26 -1.28% -9.29% -3.53% -20.23% 80
WTB.LSE WHITBREAD PLC 0.08% 2328.00 +0.26% -0.60% -5.94% -6.37% 59
BRBY.LSE BURBERRY GROUP PLC 0.08% 1024.50 -1.06% +1.09% -5.14% -19.27% 71
BTRW.LSE BARRATT REDROW PLC 0.08% 304.00 +0.10% -3.28% -5.21% -18.69% 68
SW Smurfit Westrock Plc 0.07% 46.00 -1.05% +1.14% -6.94% +21.38% 51
BKG.LSE BERKELEY GROUP HOLDINGS (THE) PLC 0.06% 3330.00 -0.77% -0.89% -7.76% -14.70% 48
TW TAYLOR WIMPEY PLC 0.06% 101.13 +0.90% -0.91% -5.99% -5.72% 56
VOW.XETRA VOLKSWAGEN AG 0.05% 70.80 -3.21% -14.75% -3.74% -32.64% 79
UHRN.SW THE SWATCH GROUP AG 0.04% 35.50 +0.14% +2.60% -4.44% +5.42% 75

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 2026-09-24: over 21 sessions the fund returned -7.20% while its median constituent returned -7.08% — a dispersion of 7.55 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 2026-09-24: fund -0.42%, median member -0.23%, 31 advancers vs 44 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 Closelooknet lake.

Is this investment advice?

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