Constituent dispersion · breadth vs the index

WTAI — WisdomTree AI & Innovation

47/48 covered · 77% by weight · benchmark: WTAI price · closes through 2026-08-14 ·holdings as of 2026-06-16

Concentration 26.8% in top 5 33.11 effective names · HHI 302
RS vs S&P 500 21d +4.83pp sector return − SPY
RS vs Nasdaq-100 21d +4.68pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +8.24% · A/D +52 (+1.11/name)
WTAI 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 +4.69% +0.09 -18pp -5.81pp Confirming ↑
1 month +8.24% +1.11 -20pp -9.76pp Confirming ↑
1 quarter +3.73% +0.85 +26pp +15.85pp Confirming ↑

Over the last 126 sessions: price up +43.30%, breadth up (+5.26/name) · % beating 32→52 · median−ETF -8.30pp→+0.32pp.

Stocks above their moving average — participation breadth

Of the 47 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 2026-08-14.

5-day 65.96% 31/47 above
20-day 87.23% 41/47 above
50-day 70.21% 33/47 above
100-day 76.6% 36/47 above
150-day 82.98% 39/47 above
200-day 82.22% 37/45 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 47 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.

HorizonNew highsNew lowsNet
5-Day 11 (23%) 8 (17%) +3
1-Month 4 (9%) 0 (0%) +4
3-Month 1 (2%) 0 (0%) +1
6-Month 1 (2%) 0 (0%) +1
52-Week 1 (2%) 0 (0%) +1
YTD 1 (2%) 0 (0%) +1

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.53% -0.58% -0.05pp 13 / 33 23 / 24 14 of 47 ±2.34%
5d +4.69% +1.81% -2.87pp 35 / 12 18 / 29 9 of 47 ±4.72%
21d +8.24% +8.55% +0.31pp 39 / 8 24 / 23 4 of 47 ±14.51%
YTD +47.87% +20.88% -27.00pp 33 / 14 18 / 29 0 of 47 ±62.19%

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%+0.14pp
  • MU+2.30%+0.09pp
  • TER+2.01%+0.04pp
  • VRT+2.36%+0.04pp
  • SPOT+2.93%+0.02pp
  • AVGO-5.94%-0.19pp
  • ORCL-3.65%-0.12pp
  • PANW-2.96%-0.07pp
  • CLS-3.62%-0.06pp
  • NOW-2.55%-0.05pp

This month (21d)

  • TEAM+76.53%+0.87pp
  • MSFT+23.51%+0.73pp
  • ORCL+21.18%+0.69pp
  • TER+29.94%+0.58pp
  • MU+13.88%+0.56pp
  • GOOGL-2.41%-0.14pp
  • CHKP-3.51%-0.05pp
  • CMI-2.56%-0.05pp
  • MCHP-3.07%-0.03pp
  • DDOG-2.62%-0.02pp

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)

  • TEAM+76.53%
  • MDB+40.09%
  • GTLB+34.22%
  • TER+29.94%
  • PLTR+29.46%
  • CHKP-3.51%
  • KR-3.28%
  • MCHP-3.07%
  • QCOM-2.83%
  • DDOG-2.62%

WTAI — constituent leadership race

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

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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 — 47 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
GOOGL Alphabet Cl A 5.66% 345.90 -0.13% -2.37% -2.41% +10.59% 13
NVDA Nvidia Corp 4.20% 225.16 -0.06% +0.54% +8.56% +20.88% 51
MU Micron Technology 4.02% 971.66 +2.30% +10.72% +13.88% +240.59% 66
AMZN Amazon.com Inc 3.81% 262.65 -0.94% -4.31% +5.11% +13.79% 36
ORCL Oracle Corp 3.24% 150.52 -3.65% +2.38% +21.18% -22.30% 77
AVGO Broadcom Ltd 3.12% 392.99 -5.94% -8.13% +4.95% +13.79% 34
MSFT Microsoft Corp 3.10% 495.40 -0.30% -0.92% +23.51% +2.67% 85
TSM Taiwan Semiconductor ADR 2.24% 426.35 -0.96% +1.50% +4.05% +40.61% 30
PANW Palo Alto Networks 2.20% 384.27 -2.96% +5.61% +8.55% +108.62% 49
AMD Adv Micro Devices 2.17% 514.39 +6.50% +6.42% +2.68% +140.19% 26
INTC Intel Corp 1.99% 102.50 -1.97% +0.84% +5.69% +177.78% 40
NOW Servicenow Inc 1.99% 124.00 -2.55% -0.70% +19.22% -19.05% 74
SNOW Snowflake Inc Cl A 1.97% 328.92 -2.51% -0.48% +21.81% +49.95% 79
TER Teradyne Inc 1.94% 418.79 +2.01% +10.41% +29.94% +116.45% 91
MRVL Marvell Technology Inc 1.79% 222.02 -0.07% +1.51% +17.91% +161.58% 70
CMI Cummins Inc 1.78% 631.26 -0.06% -2.02% -2.56% +24.47% 11
CLS Celestica Inc 1.56% 335.05 -3.62% +5.42% +10.26% +13.34% 57
VRT Vertiv Holdings Llc. 1.55% 293.84 +2.36% +7.87% -0.09% +81.41% 15
ASML ASML Holdings NY Reg ADR 1.52% 1844.08 -0.21% +5.92% +3.32% +72.97% 28
PLTR Palantir Technologies Cl A 1.44% 174.04 -2.78% +1.18% +29.46% -2.09% 89
ALAB Astera Labs Inc 1.43% 321.61 -0.36% -3.76% +0.58% +93.32% 17
MDB Mongodb Inc Cl A 1.37% 460.33 -2.53% +15.43% +40.09% +9.68% 96
CRM Salesforce Inc 1.34% 196.21 -2.56% +1.80% +13.63% -25.75% 64
CHKP Check Point Software 1.32% 131.72 -1.87% +3.05% -3.51% -29.01% 0
DOCN Digitalocean Holdings Inc 1.30% 129.92 -1.79% +4.65% +11.02% +169.99% 60
FROG Jfrog Ltd 1.23% 96.17 +1.07% +7.43% +11.14% +53.97% 62
CRWD Crowdstrike Holdings 1.23% 216.95 -3.80% +1.18% +6.47% +85.13% 43
CFLT Confluent Inc Cl A 1.20% 30.99 +0.00% +0.85% +1.41% +2.48% 19
TEAM Atlassian Corp 1.14% 163.04 -1.77% +9.37% +76.53% +0.56% 98
LSCC Lattice Semicond 1.13% 130.46 +1.58% +0.33% +4.79% +77.30% 32
ANET Arista Networks Inc 1.09% 198.82 -2.36% +5.38% +17.95% +51.74% 72
NET Cloudflare Inc Cl A 1.08% 315.78 -4.55% +5.17% +15.90% +60.17% 68
LYFT Lyft Inc Cl A 1.07% 17.48 +2.04% +0.11% +9.39% -9.76% 55
CRDO Credo Technology Group Holding Ltd 1.05% 259.90 -2.29% +4.01% +24.97% +80.62% 87
IBM Intl Business Machines 0.97% 234.32 -1.19% -0.54% +6.97% -20.44% 45
DDOG Datadog Inc Cl A 0.92% 255.46 +1.28% +9.20% -2.62% +87.85% 9
MCHP Microchip Technology 0.91% 79.17 +1.91% -6.52% -3.07% +24.98% 4
SYM Symbotic Inc 0.89% 42.70 +2.15% +6.27% +1.72% -28.24% 23
EQIX Equinix Inc 0.84% 1102.10 +2.64% +5.70% +9.21% +45.35% 53
SPOT Spotify Technology S.A. 0.78% 512.82 +2.93% +5.06% +7.72% -11.69% 47
DE Deere & Company 0.68% 608.85 -0.58% -1.93% +1.65% +31.16% 21
SAIL Sailpoint Inc 0.66% 19.53 -2.30% +4.66% +23.14% -3.46% 81
KR Kroger Company 0.58% 56.69 -0.26% +0.62% -3.28% -8.33% 2
NFLX Netflix Inc 0.57% 78.16 -0.10% +5.42% +5.12% -16.64% 38
SHOP Shopify Inc 0.48% 154.32 -2.66% +1.81% +23.40% -4.13% 83
GTLB Gitlab Inc Cl A 0.46% 42.62 -1.68% +9.37% +34.22% +13.56% 94
QCOM Qualcomm Inc 0.43% 165.79 +0.61% -1.23% -2.83% -2.45% 6

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.