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 | +0.09% | -0.11 | +2pp | -0.19pp | Weakening |
| 1 month | +4.82% | +2.64 | +19pp | +3.36pp | Confirming ↑ |
| 1 quarter | +6.99% | +3.39 | +13pp | +1.15pp | Confirming ↑ |
Over the last 126 sessions: price up +6.39%, breadth up (+8.54/name) · % beating 57→64 · median−ETF +0.48pp→+2.22pp.
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 2026-07-24.
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 | 30 (39%) | 7 (9%) | +23 |
| 1-Month | 16 (21%) | 2 (3%) | +14 |
| 3-Month | 12 (16%) | 0 (0%) | +12 |
| 6-Month | 11 (14%) | 0 (0%) | +11 |
| 52-Week | 10 (13%) | 0 (0%) | +10 |
| YTD | 11 (14%) | 0 (0%) | +11 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.86% | +1.44% | +0.58pp | 64 / 12 | 50 / 26 | 41 of 76 | ±1.75% |
| 5d | +0.09% | +0.10% | +0.01pp | 40 / 36 | 38 / 38 | 28 of 76 | ±3.05% |
| 21d | +4.82% | +7.04% | +2.22pp | 63 / 13 | 49 / 27 | 9 of 76 | ±6.84% |
| YTD | +3.34% | +6.77% | +3.43pp | 45 / 31 | 40 / 36 | 3 of 76 | ±17.81% |
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)
- JPM+0.95%+0.11pp
- BRK.B+0.83%+0.1pp
- MA+1.77%+0.09pp
- V+1.18%+0.08pp
- BAC+1.26%+0.06pp
- AXP-4.30%-0.1pp
- HOOD-6.57%-0.06pp
- GS-1.26%-0.05pp
- MS-0.33%-0.01pp
- BNY-0.75%-0.01pp
This month (21d)
- JPM+5.93%+0.67pp
- V+7.08%+0.5pp
- MA+9.15%+0.48pp
- BAC+7.48%+0.37pp
- SCHW+11.58%+0.23pp
- C-7.94%-0.25pp
- AXP-4.52%-0.1pp
- MS-2.45%-0.08pp
- GS-1.46%-0.06pp
- PGR-2.98%-0.05pp
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)
- PYPL+32.18%
- TRV+20.74%
- GPN+20.63%
- JKHY+17.59%
- FDS+17.51%
- C-7.94%
- MSCI-4.59%
- AXP-4.52%
- SYF-4.48%
- PGR-2.98%
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% | 494.93 | +0.83% | +0.82% | +0.02% | -1.54% | 18 |
| JPM JP Morgan Chase & Company | 11.38% | 353.21 | +0.95% | +3.55% | +5.93% | +10.67% | 43 |
| V Visa Inc | 7.13% | 355.74 | +1.18% | -0.79% | +7.08% | +1.64% | 50 |
| MA Mastercard Inc | 5.25% | 539.66 | +1.77% | -0.72% | +9.15% | -5.16% | 64 |
| BAC Bank of America Corp | 4.89% | 62.05 | +1.26% | +1.27% | +7.48% | +13.46% | 57 |
| GS Goldman Sachs Group | 4.19% | 1061.23 | -1.26% | -0.37% | -1.46% | +21.37% | 12 |
| WFC Wells Fargo & Company | 3.41% | 86.31 | +0.14% | -1.37% | +2.38% | -6.94% | 24 |
| MS Morgan Stanley | 3.39% | 214.48 | -0.33% | -0.47% | -2.45% | +22.13% | 8 |
| C Citigroup Inc | 3.21% | 132.19 | +0.24% | +2.19% | -7.94% | +14.41% | 0 |
| AXP American Express Company | 2.29% | 326.17 | -4.30% | -8.21% | -4.52% | -11.36% | 3 |
| SCHW The Charles Schwab Corp | 2.00% | 101.97 | +0.35% | +0.40% | +11.58% | +2.41% | 79 |
| BLK Blackrock Inc | 1.96% | 1055.67 | +1.78% | -1.54% | +7.44% | -0.82% | 55 |
| SPGI S&P Global Inc | 1.69% | 426.40 | +1.52% | -5.42% | +5.98% | -18.03% | 45 |
| CB Chubb Ltd | 1.57% | 359.75 | +1.84% | +2.16% | +7.34% | +15.60% | 53 |
| PGR Progressive Corp | 1.57% | 213.83 | +3.26% | +2.83% | -2.98% | -0.08% | 5 |
| COF Capital One Financial Corp | 1.52% | 202.84 | +1.44% | -2.49% | +1.18% | -15.63% | 21 |
| BNY Bank of New York Mellon Corp | 1.30% | 158.91 | -0.75% | +1.13% | +10.69% | +38.04% | 71 |
| CME CME Group | 1.28% | 255.31 | +0.39% | +4.19% | +10.20% | -4.27% | 68 |
| PNC PNC Bank | 1.26% | 250.99 | +0.69% | +0.05% | +4.61% | +22.10% | 33 |
| BX Blackstone Inc | 1.21% | 130.00 | +4.42% | +2.43% | +15.05% | -13.89% | 91 |
| USB U.S. Bancorp | 1.21% | 63.97 | +1.01% | +1.31% | +7.33% | +21.12% | 51 |
| MRSH Marsh & Mclennan Companies | 1.07% | 180.74 | +2.46% | -0.23% | +8.91% | -1.58% | 63 |
| ICE Intercontinental Exchange | 1.05% | 145.79 | +1.80% | +4.40% | +12.13% | -9.69% | 82 |
| HOOD Robinhood Markets Inc Cl A | 0.97% | 94.91 | -6.57% | -5.05% | -2.35% | -16.08% | 9 |
| AON AON Plc | 0.95% | 361.70 | +1.66% | -1.50% | +11.13% | +2.99% | 75 |
| MCO Moody's Corp | 0.90% | 471.50 | -0.16% | -7.70% | +4.83% | -7.28% | 36 |
| KKR KKR & Company LP | 0.87% | 99.36 | +3.53% | -1.57% | +8.58% | -21.76% | 61 |
| TRV The Travelers Companies | 0.87% | 387.26 | +2.89% | +4.95% | +20.74% | +34.00% | 97 |
| TFC Truist Financial Corp | 0.86% | 51.76 | +1.09% | -1.41% | +3.96% | +7.37% | 32 |
| APO Apollo Asset Management | 0.82% | 122.61 | +3.03% | +1.78% | +0.01% | -14.60% | 17 |
| ALL Allstate Corp | 0.76% | 259.97 | +2.14% | +4.03% | +11.32% | +26.19% | 76 |
| AJG Arthur J. Gallagher & Company | 0.74% | 247.77 | +2.30% | -2.41% | +12.24% | -3.65% | 83 |
| AFL Aflac Inc | 0.72% | 125.60 | +1.01% | +0.71% | +6.67% | +15.10% | 47 |
| FITB Fifth Third Bancorp | 0.65% | 57.41 | +0.45% | -1.03% | +5.20% | +23.75% | 38 |
| MET Metlife Inc | 0.64% | 94.83 | +2.47% | +0.88% | +12.09% | +21.92% | 80 |
| STT State Street Corp | 0.62% | 185.40 | +0.65% | +1.59% | +10.34% | +45.62% | 70 |
| MSCI MSCI Inc | 0.58% | 550.79 | -0.31% | -12.39% | -4.59% | -3.27% | 1 |
| AMP Ameriprise Financial Services | 0.55% | 528.90 | +1.69% | +0.20% | +14.74% | +8.58% | 89 |
| IBKR Interactive Brokers | 0.53% | 91.74 | -0.02% | +1.34% | -1.13% | +42.95% | 16 |
| AIG American International Group | 0.53% | 79.06 | +1.15% | -1.79% | +3.84% | -7.04% | 30 |
| NDAQ Nasdaq Inc | 0.53% | 92.09 | +1.85% | +0.49% | +12.84% | -4.89% | 84 |
| PYPL Paypal Holdings | 0.50% | 56.15 | +0.27% | -0.72% | +32.18% | -3.53% | 99 |
| XYZ Block Inc | 0.50% | 77.15 | +0.86% | -3.49% | +1.94% | +18.53% | 22 |
| PRU Prudential Financial Inc | 0.50% | 119.96 | +1.80% | +0.75% | +12.89% | +9.20% | 86 |
| HIG The Hartford Insurance Group | 0.48% | 140.53 | -1.16% | +0.19% | +6.20% | +2.90% | 46 |
| COIN Coinbase Global Cl A | 0.47% | 158.29 | -1.78% | +0.74% | +5.45% | -30.00% | 41 |
| HBAN Huntington Bancshares | 0.47% | 17.36 | -0.23% | -4.88% | -1.25% | +1.08% | 13 |
| MTB M&T Bank Corp | 0.46% | 249.60 | +1.48% | +0.14% | +7.01% | +25.62% | 49 |
| ACGL Arch Capital Grp Ltd | 0.43% | 103.36 | +3.26% | +1.98% | +8.89% | +7.76% | 62 |
| NTRS Northern Trust Corp | 0.43% | 180.52 | +1.44% | -2.25% | +3.79% | +33.52% | 29 |
| CBOE CBOE Global Markets | 0.41% | 285.07 | +0.07% | +4.26% | +14.22% | +14.09% | 88 |
| FISV Fiserv Inc | 0.38% | 51.02 | +2.10% | +0.77% | +5.87% | -24.04% | 42 |
| CFG Citizens Financial Group | 0.38% | 71.88 | +0.11% | -0.70% | +3.48% | +24.82% | 28 |
| ARES Ares Management LP | 0.37% | 126.51 | +4.31% | +0.66% | +11.10% | -20.66% | 74 |
| RJF Raymond James Financial | 0.36% | 169.30 | +1.90% | +0.56% | +9.76% | +6.18% | 67 |
| CINF Cincinnati Financial | 0.35% | 182.81 | +1.91% | +1.12% | +2.44% | +12.59% | 25 |
| SYF Synchrony Financial | 0.34% | 72.90 | +1.57% | -0.98% | -4.48% | -11.91% | 4 |
| RF Regions Financial Corp | 0.33% | 30.86 | +0.65% | -2.50% | +4.65% | +16.07% | 34 |
| WTW Willis Towers Watson Public | 0.33% | 295.11 | +2.34% | +0.57% | +13.26% | -9.89% | 87 |
| CPAY Corpay Inc | 0.33% | 370.58 | +1.58% | +1.31% | +7.65% | +23.14% | 58 |
| TROW T Rowe Price Group | 0.31% | 116.50 | +1.35% | -0.72% | +10.74% | +15.49% | 72 |
| PFG Principal Financial Group | 0.29% | 109.40 | +1.94% | -3.99% | +2.53% | +26.14% | 26 |
| KEY Keycorp | 0.28% | 22.65 | -0.31% | -3.82% | -2.03% | +11.92% | 11 |
| WRB W.R. Berkley Corp | 0.27% | 75.46 | +2.76% | +5.38% | +7.72% | +8.72% | 59 |
| FIS Fidelity National Information Services | 0.27% | 41.51 | +3.67% | -0.95% | +7.37% | -37.00% | 54 |
| L Loews Corp | 0.24% | 117.90 | +1.96% | +3.01% | +5.34% | +12.08% | 39 |
| BRO Brown & Brown | 0.23% | 67.66 | +2.92% | -2.44% | +9.48% | -14.66% | 66 |
| GPN Global Payments Inc | 0.21% | 80.92 | +3.93% | +3.98% | +20.63% | +4.89% | 96 |
| EG Everest Re Group | 0.18% | 385.12 | +2.55% | +0.67% | +11.39% | +14.20% | 78 |
| GL Globe Life Inc | 0.17% | 173.48 | +1.40% | -6.11% | -1.23% | +24.57% | 14 |
| AIZ Assurant Inc | 0.17% | 276.94 | +1.15% | +0.04% | +4.97% | +15.45% | 37 |
| IVZ Invesco Limited | 0.17% | 29.93 | +0.44% | +1.01% | +15.25% | +15.75% | 92 |
| BEN Franklin Resources | 0.13% | 32.49 | +0.62% | -0.43% | +1.07% | +37.99% | 20 |
| JKHY Jack Henry & Assoc | 0.12% | 150.58 | +1.59% | -0.72% | +17.59% | -16.81% | 95 |
| FDS Factset Research Systems | 0.12% | 254.36 | +4.26% | -1.45% | +17.51% | -11.46% | 93 |
| ERIE Erie Indemnity Company | 0.08% | 223.55 | +4.21% | -1.65% | -2.61% | -21.15% | 7 |
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.