Constituent dispersion · breadth vs the index
WTAI — WisdomTree AI & Innovation
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 | +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.
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.
| Horizon | New highs | New lows | Net |
|---|---|---|---|
| 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
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 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.
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.