Constituent dispersion · breadth vs the index
XLF — Financial Select Sector
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 | +4.06% | +1.83 | +10pp | +1.86pp | Confirming ↑ |
| 1 month | +8.08% | +3.46 | +15pp | +2.27pp | Confirming ↑ |
| 1 quarter | +16.34% | +7.37 | +4pp | +0.55pp | Confirming ↑ |
Over the last 126 sessions: price up +0.51%, breadth up (+5.41/name) · % beating 54→53 · median−ETF +0.60pp→+0.46pp.
Stocks above their moving average — participation breadth
Of the 76 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 2026-07-02.
New highs & new lows — by horizon
How many of the 76 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 | 64 (84%) | 1 (1%) | +63 |
| 1-Month | 42 (55%) | 0 (0%) | +42 |
| 3-Month | 32 (42%) | 0 (0%) | +32 |
| 6-Month | 19 (25%) | 0 (0%) | +19 |
| 52-Week | 16 (21%) | 0 (0%) | +16 |
| YTD | 19 (25%) | 0 (0%) | +19 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.53% | +2.06% | +0.53pp | 64 / 12 | 47 / 29 | 23 of 76 | ±1.83% |
| 5d | +4.06% | +5.90% | +1.84pp | 67 / 9 | 46 / 30 | 4 of 76 | ±5.51% |
| 21d | +8.08% | +8.54% | +0.46pp | 59 / 17 | 40 / 36 | 11 of 76 | ±8.31% |
| YTD | +2.07% | +3.20% | +1.12pp | 46 / 30 | 40 / 36 | 5 of 76 | ±17.05% |
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)
- V+3.15%+0.22pp
- BRK.B+1.61%+0.19pp
- MA+3.24%+0.17pp
- SPGI+6.01%+0.1pp
- ICE+4.94%+0.05pp
- WFC-0.50%-0.02pp
- IBKR-2.06%-0.01pp
- PNC-0.85%-0.01pp
- HBAN-1.38%-0.01pp
- MTB-1.27%-0.01pp
This month (21d)
- JPM+11.13%+1.27pp
- V+14.12%+1.01pp
- BRK.B+7.69%+0.91pp
- MA+12.92%+0.68pp
- BAC+12.49%+0.61pp
- GS-4.09%-0.17pp
- ICE-6.60%-0.07pp
- CME-5.07%-0.06pp
- APO-7.88%-0.06pp
- CBOE-9.65%-0.04pp
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)
- HOOD+27.87%
- ERIE+24.92%
- BRO+23.70%
- AJG+23.09%
- CINF+21.54%
- CBOE-9.65%
- ARES-8.87%
- APO-7.88%
- FISV-7.31%
- ICE-6.60%
XLF — constituent leadership race
$100 in each covered XLF constituent at 2025-12-24, 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 — 76 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| BRK.B Berkshire Hathaway Cl B | 11.80% | 507.78 | +1.61% | +4.09% | +7.69% | +1.02% | 43 |
| JPM JP Morgan Chase & Company | 11.38% | 334.47 | +0.12% | -0.19% | +11.13% | +4.80% | 66 |
| V Visa Inc | 7.13% | 362.13 | +3.15% | +9.56% | +14.12% | +3.47% | 83 |
| MA Mastercard Inc | 5.25% | 539.39 | +3.24% | +10.32% | +12.92% | -5.21% | 75 |
| BAC Bank of America Corp | 4.89% | 58.73 | +0.63% | +0.93% | +12.49% | +7.39% | 71 |
| GS Goldman Sachs Group | 4.19% | 1021.00 | +0.14% | -4.14% | -4.09% | +16.77% | 11 |
| WFC Wells Fargo & Company | 3.41% | 85.51 | -0.50% | +0.91% | +7.64% | -7.80% | 42 |
| MS Morgan Stanley | 3.39% | 213.93 | +0.98% | -3.22% | -0.49% | +21.82% | 21 |
| C Citigroup Inc | 3.21% | 139.97 | -0.11% | -3.46% | +6.64% | +21.15% | 34 |
| AXP American Express Company | 2.29% | 351.96 | +1.41% | +3.06% | +13.18% | -4.35% | 78 |
| SCHW The Charles Schwab Corp | 2.00% | 97.00 | +1.27% | +8.45% | +10.72% | -2.58% | 62 |
| BLK Blackrock Inc | 1.96% | 995.73 | +1.57% | +2.45% | -1.73% | -6.45% | 17 |
| SPGI S&P Global Inc | 1.69% | 439.89 | +6.01% | +11.33% | +5.37% | -15.43% | 28 |
| CB Chubb Ltd | 1.57% | 361.17 | +2.68% | +9.17% | +16.02% | +16.06% | 84 |
| PGR Progressive Corp | 1.57% | 232.22 | +3.12% | +7.79% | +17.99% | +8.51% | 89 |
| COF Capital One Financial Corp | 1.52% | 205.12 | +0.15% | +0.11% | +11.58% | -14.68% | 67 |
| BNY Bank of New York Mellon Corp | 1.30% | 146.62 | +0.41% | +0.82% | +3.78% | +27.36% | 25 |
| CME CME Group | 1.28% | 236.60 | +2.42% | +5.16% | -5.07% | -11.29% | 7 |
| PNC PNC Bank | 1.26% | 249.49 | -0.85% | +1.72% | +12.89% | +21.37% | 74 |
| BX Blackstone Inc | 1.21% | 122.78 | +2.70% | +7.53% | +6.85% | -18.67% | 37 |
| USB U.S. Bancorp | 1.21% | 61.73 | -0.37% | +1.71% | +13.06% | +16.88% | 76 |
| MRSH Marsh & Mclennan Companies | 1.07% | 178.54 | +3.72% | +10.05% | +10.63% | -2.78% | 61 |
| ICE Intercontinental Exchange | 1.05% | 132.99 | +4.94% | +6.83% | -6.60% | -17.62% | 5 |
| HOOD Robinhood Markets Inc Cl A | 0.97% | 112.73 | +3.76% | +20.61% | +27.87% | -0.33% | 99 |
| AON AON Plc | 0.95% | 357.46 | +4.05% | +13.14% | +12.46% | +1.78% | 70 |
| MCO Moody's Corp | 0.90% | 490.51 | +4.72% | +11.77% | +8.14% | -3.54% | 47 |
| KKR KKR & Company LP | 0.87% | 93.84 | +1.38% | +1.28% | -0.65% | -26.11% | 18 |
| TRV The Travelers Companies | 0.87% | 342.31 | +2.30% | +7.55% | +17.78% | +18.44% | 88 |
| TFC Truist Financial Corp | 0.86% | 50.98 | +0.18% | +0.61% | +5.94% | +5.75% | 29 |
| APO Apollo Asset Management | 0.82% | 118.61 | +0.14% | -2.39% | -7.88% | -17.38% | 3 |
| ALL Allstate Corp | 0.76% | 250.33 | +2.97% | +8.09% | +18.94% | +21.51% | 91 |
| AJG Arthur J. Gallagher & Company | 0.74% | 252.44 | +5.33% | +15.87% | +23.09% | -1.83% | 95 |
| AFL Aflac Inc | 0.72% | 120.88 | +2.02% | +2.24% | +6.38% | +10.77% | 32 |
| FITB Fifth Third Bancorp | 0.65% | 57.16 | -0.57% | +2.05% | +13.62% | +23.21% | 79 |
| MET Metlife Inc | 0.64% | 90.06 | +3.28% | +6.42% | +8.74% | +15.78% | 51 |
| STT State Street Corp | 0.62% | 170.69 | +0.60% | +1.20% | +6.83% | +34.06% | 36 |
| MSCI MSCI Inc | 0.58% | 603.11 | +3.62% | +10.75% | -4.31% | +5.92% | 9 |
| AMP Ameriprise Financial Services | 0.55% | 489.16 | +1.98% | +7.91% | +9.82% | +0.42% | 54 |
| IBKR Interactive Brokers | 0.53% | 91.33 | -2.06% | -0.90% | +2.94% | +42.31% | 24 |
| AIG American International Group | 0.53% | 79.39 | +3.66% | +6.07% | +7.57% | -6.65% | 41 |
| NDAQ Nasdaq Inc | 0.53% | 84.66 | +2.33% | +9.03% | -3.35% | -12.56% | 12 |
| PYPL Paypal Holdings | 0.50% | 45.47 | +3.18% | +7.29% | +2.45% | -21.88% | 22 |
| XYZ Block Inc | 0.50% | 78.83 | +2.20% | +6.41% | +6.31% | +21.11% | 30 |
| PRU Prudential Financial Inc | 0.50% | 112.95 | +1.69% | +5.53% | +9.96% | +2.82% | 57 |
| HIG The Hartford Insurance Group | 0.48% | 137.85 | +2.96% | +5.74% | +8.40% | +0.94% | 49 |
| COIN Coinbase Global Cl A | 0.47% | 165.48 | +3.92% | +16.11% | -4.89% | -26.82% | 8 |
| HBAN Huntington Bancshares | 0.47% | 17.86 | -1.38% | -0.22% | +10.04% | +3.99% | 58 |
| MTB M&T Bank Corp | 0.46% | 238.88 | -1.27% | +0.89% | +9.94% | +20.22% | 55 |
| ACGL Arch Capital Grp Ltd | 0.43% | 102.20 | +3.70% | +8.34% | +16.64% | +6.55% | 87 |
| NTRS Northern Trust Corp | 0.43% | 176.50 | +0.51% | +0.30% | +4.43% | +30.55% | 26 |
| CBOE CBOE Global Markets | 0.41% | 248.99 | +0.51% | +1.64% | -9.65% | -0.35% | 0 |
| FISV Fiserv Inc | 0.38% | 52.33 | +3.15% | +10.10% | -7.31% | -22.09% | 4 |
| CFG Citizens Financial Group | 0.38% | 70.98 | -1.17% | +0.45% | +13.91% | +23.25% | 82 |
| ARES Ares Management LP | 0.37% | 116.90 | +2.88% | +3.94% | -8.87% | -26.69% | 1 |
| RJF Raymond James Financial | 0.36% | 162.66 | +2.83% | +8.45% | +10.84% | +2.01% | 63 |
| CINF Cincinnati Financial | 0.35% | 192.03 | +2.57% | +8.05% | +21.54% | +18.27% | 93 |
| SYF Synchrony Financial | 0.34% | 76.33 | -0.57% | -2.79% | +7.55% | -7.76% | 39 |
| RF Regions Financial Corp | 0.33% | 30.28 | -1.69% | +1.00% | +8.03% | +13.89% | 46 |
| WTW Willis Towers Watson Public | 0.33% | 286.22 | +4.06% | +11.48% | +11.63% | -12.61% | 68 |
| CPAY Corpay Inc | 0.33% | 352.46 | +3.38% | +8.18% | -2.05% | +17.12% | 16 |
| TROW T Rowe Price Group | 0.31% | 118.55 | +2.10% | +11.48% | +13.65% | +17.52% | 80 |
| PFG Principal Financial Group | 0.29% | 110.87 | +1.78% | +5.15% | +7.32% | +27.83% | 38 |
| KEY Keycorp | 0.28% | 23.02 | -0.99% | -1.67% | +8.69% | +13.75% | 50 |
| WRB W.R. Berkley Corp | 0.27% | 72.08 | +2.01% | +4.03% | +10.59% | +2.93% | 59 |
| FIS Fidelity National Information Services | 0.27% | 41.80 | +2.45% | +10.41% | -0.57% | -36.56% | 20 |
| L Loews Corp | 0.24% | 116.52 | +2.10% | +5.07% | +11.05% | +10.77% | 64 |
| BRO Brown & Brown | 0.23% | 70.00 | +3.92% | +15.07% | +23.70% | -11.71% | 96 |
| GPN Global Payments Inc | 0.21% | 78.63 | +4.77% | +15.36% | +6.62% | +1.92% | 33 |
| EG Everest Re Group | 0.18% | 371.35 | +3.17% | +8.26% | +16.45% | +10.11% | 86 |
| GL Globe Life Inc | 0.17% | 180.49 | +0.23% | +2.32% | +19.49% | +29.61% | 92 |
| AIZ Assurant Inc | 0.17% | 279.48 | +1.95% | +7.17% | +12.86% | +16.51% | 72 |
| IVZ Invesco Limited | 0.17% | 27.01 | +0.67% | +4.41% | -2.07% | +4.46% | 14 |
| BEN Franklin Resources | 0.13% | 34.11 | +0.15% | +5.52% | +9.61% | +44.87% | 53 |
| JKHY Jack Henry & Assoc | 0.12% | 146.87 | +3.12% | +14.11% | +7.97% | -18.86% | 45 |
| FDS Factset Research Systems | 0.12% | 250.09 | +1.85% | +19.75% | -2.24% | -12.95% | 13 |
| ERIE Erie Indemnity Company | 0.08% | 259.25 | +4.00% | +12.74% | +24.92% | -8.56% | 97 |
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.