Constituent dispersion · breadth vs the ETF
XLE — Energy Select Sector
Broad decline - breadth is falling with price. Last 21 sessions — price -4.34% · A/D -30 (-1.43/name)
XLE price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band |
|---|---|---|---|---|---|---|
| 1d | -3.48% | -3.64% | -0.17pp | 0 / 21 | 9 / 12 | 13 of 21 |
| 5d | -4.77% | -4.67% | +0.09pp | 2 / 19 | 11 / 10 | 10 of 21 |
| 21d | -4.34% | -5.14% | -0.80pp | 3 / 18 | 10 / 11 | 4 of 21 |
| YTD | +25.06% | +27.12% | +2.06pp | 19 / 2 | 12 / 9 | 0 of 21 |
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.
Leaders & laggards (21-day)
- PSX+1.75%
- VLO+1.46%
- MPC+1.20%
- TRGP-1.93%
- CVX-2.46%
- EQT-10.29%
- EXE-9.10%
- WMB-7.98%
- DVN-7.85%
- HAL-7.14%
Other ETFs & indices
Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.