Constituent dispersion · breadth vs the index
XLI — Industrial 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 | -0.11% | +0.35 | +3pp | +1.18pp | Improving |
| 1 month | +5.58% | +2.88 | +3pp | +1.52pp | Confirming ↑ |
| 1 quarter | +15.52% | +3.43 | +2pp | +0.86pp | Confirming ↑ |
Over the last 126 sessions: price up +17.31%, breadth up (+3.54/name) · % beating 37→46 · median−ETF -1.48pp→-0.25pp.
Stocks above their moving average — participation breadth
Of the 80 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 80 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 | 37 (46%) | 25 (31%) | +12 |
| 1-Month | 24 (30%) | 2 (3%) | +22 |
| 3-Month | 14 (18%) | 1 (1%) | +13 |
| 6-Month | 7 (9%) | 0 (0%) | +7 |
| 52-Week | 7 (9%) | 0 (0%) | +7 |
| YTD | 7 (9%) | 0 (0%) | +7 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.30% | +0.49% | +0.19pp | 45 / 35 | 45 / 35 | 27 of 80 | ±2.61% |
| 5d | -0.11% | +0.95% | +1.07pp | 43 / 37 | 43 / 37 | 8 of 80 | ±6.78% |
| 21d | +5.58% | +5.33% | -0.25pp | 59 / 21 | 37 / 43 | 15 of 80 | ±7.54% |
| YTD | +18.89% | +13.04% | -5.86pp | 59 / 20 | 32 / 47 | 4 of 79 | ±25.4% |
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)
- RTX+3.90%+0.17pp
- BA+3.62%+0.11pp
- HON+3.66%+0.09pp
- LMT+4.62%+0.09pp
- NOC+5.59%+0.07pp
- CAT-2.81%-0.22pp
- ETN-3.34%-0.09pp
- GEV-1.87%-0.09pp
- FIX-6.64%-0.08pp
- VRT-3.50%-0.07pp
This month (21d)
- GE+18.82%+1.2pp
- GEV+14.79%+0.68pp
- RTX+14.34%+0.64pp
- CAT+5.90%+0.46pp
- PH+15.13%+0.31pp
- VRT-10.15%-0.21pp
- ETN-4.57%-0.13pp
- PWR-5.35%-0.1pp
- FIX-7.54%-0.09pp
- FDX-4.86%-0.06pp
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)
- UAL+22.51%
- AXON+21.82%
- MAS+19.96%
- LUV+19.20%
- GE+18.82%
- LDOS-14.18%
- GNRC-11.22%
- VRT-10.15%
- FIX-7.54%
- BR-6.40%
XLI — constituent leadership race
$100 in each covered XLI 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 — 80 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| CAT Caterpillar Inc | 7.71% | 963.53 | -2.81% | -8.84% | +5.90% | +68.91% | 57 |
| GE GE Aerospace | 6.40% | 377.52 | +0.69% | +1.66% | +18.82% | +22.74% | 94 |
| GEV GE Vernova Inc | 4.62% | 1113.11 | -1.87% | +2.55% | +14.79% | +70.54% | 89 |
| RTX Rtx Corp | 4.49% | 199.25 | +3.90% | +6.78% | +14.34% | +9.00% | 88 |
| BA Boeing Company | 3.13% | 226.49 | +3.62% | +3.84% | +4.04% | +4.32% | 40 |
| UNP Union Pacific Corp | 2.95% | 282.25 | +1.63% | +5.42% | +6.64% | +23.29% | 63 |
| ETN Eaton Corp | 2.77% | 398.52 | -3.34% | -5.08% | -4.57% | +25.51% | 11 |
| DE Deere & Company | 2.65% | 621.27 | -1.01% | -1.25% | +7.25% | +33.83% | 66 |
| UBER UBER Technologies Inc | 2.58% | 74.43 | +2.44% | +3.02% | +3.92% | -8.91% | 38 |
| HON Honeywell International | 2.55% | 229.86 | +3.66% | -0.60% | -2.28% | +18.41% | 16 |
| VRT Vertiv Holdings Llc. | 2.11% | 300.53 | -3.50% | -7.69% | -10.15% | +85.55% | 3 |
| PH Parker-Hannifin Corp | 2.08% | 962.89 | -0.10% | -2.73% | +15.13% | +10.00% | 90 |
| LMT Lockheed Martin Corp | 1.99% | 545.91 | +4.62% | +8.10% | +6.33% | +13.46% | 61 |
| HWM Howmet Aerospace Inc | 1.93% | 270.41 | +1.12% | -1.00% | +7.85% | +32.03% | 70 |
| PWR Quanta Services | 1.92% | 668.31 | -3.34% | -6.98% | -5.35% | +58.42% | 8 |
| TT Trane Technologies Plc | 1.85% | 478.13 | -1.33% | -5.03% | +4.42% | +23.43% | 43 |
| GD General Dynamics Corp | 1.67% | 373.54 | +3.40% | +8.84% | +10.64% | +11.93% | 81 |
| CMI Cummins Inc | 1.66% | 661.70 | -3.02% | -9.06% | -1.63% | +30.48% | 20 |
| ADP Automatic Data Processing | 1.66% | 242.27 | +2.77% | +12.00% | +5.59% | -5.04% | 54 |
| JCI Johnson Controls Intl | 1.61% | 140.76 | -2.79% | -3.25% | -0.87% | +17.91% | 24 |
| CSX CSX Corp | 1.61% | 48.89 | +1.16% | +3.06% | +5.96% | +35.31% | 59 |
| MMM 3M Company | 1.52% | 160.44 | +0.30% | -4.48% | +4.93% | +0.66% | 48 |
| WM Waste Management | 1.48% | 230.40 | +2.82% | +3.28% | +9.19% | +5.74% | 75 |
| EMR Emerson Electric Company | 1.46% | 139.05 | -0.34% | -4.33% | -2.10% | +5.60% | 18 |
| UPS United Parcel Service | 1.46% | 110.66 | +1.02% | +1.24% | +1.59% | +13.12% | 31 |
| NOC Northrop Grumman Corp | 1.34% | 549.01 | +5.59% | +9.95% | +2.31% | -3.41% | 34 |
| FDX Fedex Corp | 1.33% | 313.00 | -0.28% | -4.99% | -4.86% | +8.80% | 10 |
| TDG Transdigm Group Inc | 1.29% | 1348.49 | +3.00% | +1.20% | +8.14% | +1.40% | 71 |
| NSC Norfolk Southern Corp | 1.28% | 322.71 | +1.17% | +3.41% | +4.93% | +12.75% | 46 |
| URI United Rentals | 1.23% | 1098.59 | -1.18% | -3.59% | +10.43% | +36.33% | 79 |
| ITW Illinois Tool Works | 1.23% | 272.76 | +1.41% | +1.41% | +9.73% | +11.44% | 76 |
| FIX Comfort Systems USA | 1.20% | 1741.30 | -6.64% | -13.69% | -7.54% | +86.75% | 4 |
| PCAR Paccar Inc | 1.13% | 119.50 | -1.44% | -1.79% | +5.86% | +9.41% | 55 |
| CTAS Cintas Corp | 1.09% | 181.37 | +4.10% | +7.26% | +4.65% | -3.34% | 44 |
| GWW W.W. Grainger | 1.05% | 1342.98 | +0.35% | -2.31% | +5.88% | +33.61% | 56 |
| LHX L3Harris Technologies | 1.05% | 302.07 | +3.37% | +4.70% | -1.57% | +3.25% | 21 |
| CARR Carrier Global Corp | 1.00% | 70.07 | -2.78% | -7.80% | +5.50% | +33.65% | 50 |
| DAL Delta Air Lines Inc | 0.98% | 92.75 | -0.33% | +0.69% | +15.91% | +34.36% | 91 |
| FAST Fastenal Company | 0.97% | 48.60 | +1.78% | +3.58% | +8.65% | +22.43% | 74 |
| AME Ametek Inc | 0.95% | 234.62 | -1.06% | -2.63% | +3.03% | +14.46% | 35 |
| ROK Rockwell Automation Inc | 0.94% | 471.70 | -2.30% | -1.60% | +1.79% | +22.03% | 33 |
| ODFL Old Dominion Freight Line | 0.82% | 217.65 | -0.14% | -1.12% | -4.87% | +39.00% | 9 |
| WAB Wabtec Corp | 0.82% | 262.19 | -0.69% | -7.17% | -0.88% | +23.13% | 23 |
| RSG Republic Services | 0.77% | 217.34 | +1.52% | +2.10% | +7.77% | +3.15% | 69 |
| UAL United Airlines Holdings | 0.68% | 133.32 | -1.34% | -0.96% | +22.51% | +19.23% | 99 |
| EME Emcor Group | 0.67% | 774.66 | -3.69% | -10.20% | -6.36% | +26.76% | 6 |
| AXON Axon Enterprise | 0.63% | 597.04 | +0.52% | +34.25% | +21.82% | +5.13% | 98 |
| PAYX Paychex Inc | 0.59% | 106.35 | +3.54% | +9.96% | +5.52% | -4.21% | 53 |
| DOV Dover Corp | 0.53% | 213.71 | -1.59% | -7.38% | +0.88% | +9.98% | 26 |
| OTIS Otis Worldwide Corp | 0.50% | 73.14 | +3.54% | -0.67% | +4.00% | -15.37% | 39 |
| CPRT Copart Inc | 0.50% | 30.01 | +4.24% | -0.13% | -2.75% | -23.35% | 14 |
| XYL Xylem Inc | 0.49% | 118.12 | +0.72% | +0.96% | +7.10% | -12.97% | 65 |
| IR Ingersoll Rand Inc | 0.48% | 80.59 | -0.33% | -1.36% | +12.52% | +1.78% | 86 |
| VRSK Verisk Analytics Inc | 0.47% | 188.35 | +2.52% | +6.39% | +5.16% | -15.59% | 49 |
| HUBB Hubbell Inc B | 0.46% | 487.10 | -0.62% | -9.13% | +1.38% | +10.31% | 30 |
| CHRW C.H. Robinson Ww | 0.42% | 189.85 | -0.74% | +5.27% | +6.71% | +18.91% | 64 |
| LUV Southwest Airlines Company | 0.41% | 50.25 | -0.44% | -3.53% | +19.20% | +22.11% | 95 |
| EXPD Expeditors Intl | 0.41% | 167.57 | +0.46% | +3.65% | +6.14% | +13.04% | 60 |
| JBHT J B Hunt Transport | 0.39% | 285.83 | -1.46% | +4.06% | +3.72% | +47.65% | 36 |
| VLTO Veralto Corporation | 0.38% | 92.55 | +2.45% | +5.34% | +12.28% | -7.11% | 84 |
| SNA Snap-On Inc | 0.37% | 412.09 | +2.18% | +2.78% | +10.64% | +21.17% | 83 |
| EFX Equifax Inc | 0.36% | 172.07 | +6.10% | +13.26% | -2.29% | -20.21% | 15 |
| FDXF Fedex Freight Holding Company Inc | 0.34% | 150.81 | -3.18% | -4.87% | -1.65% | — | 19 |
| FTV Fortive Corp | 0.34% | 62.65 | +1.38% | +1.49% | +4.14% | +13.60% | 41 |
| BR Broadridge Financial Solutions | 0.31% | 143.95 | +2.14% | +5.64% | -6.40% | -35.14% | 5 |
| LII Lennox International | 0.30% | 570.03 | -0.18% | +0.12% | +10.39% | +17.74% | 78 |
| IEX Idex Corp | 0.30% | 223.82 | -0.51% | -1.86% | +5.51% | +26.69% | 51 |
| TXT Textron Inc | 0.29% | 92.50 | +0.62% | +3.86% | +1.26% | +6.14% | 29 |
| LDOS Leidos Holdings Inc | 0.28% | 108.84 | +5.60% | +8.84% | -14.18% | -39.52% | 0 |
| GNRC Generac Holdings Inc | 0.28% | 252.66 | -6.50% | -14.40% | -11.22% | +85.28% | 1 |
| NDSN Nordson Corp | 0.28% | 290.38 | -1.78% | -4.68% | +0.92% | +21.15% | 28 |
| MAS Masco Corp | 0.27% | 82.77 | +1.38% | +3.83% | +19.96% | +31.61% | 96 |
| J Jacobs Engineering Group | 0.27% | 127.89 | +2.62% | +2.81% | +4.88% | -2.89% | 45 |
| ROL Rollins Inc | 0.25% | 43.38 | +2.94% | +1.36% | -3.69% | -27.26% | 13 |
| SWK Stanley Black & Decker | 0.24% | 91.90 | +0.61% | -0.44% | +17.36% | +25.09% | 93 |
| PNR Pentair Ltd | 0.22% | 76.72 | +0.45% | +0.95% | +7.66% | -25.92% | 68 |
| HII Huntington Ingalls Industries | 0.21% | 291.50 | +4.49% | +4.45% | -0.74% | -13.64% | 25 |
| ALLE Allegion Plc | 0.21% | 140.58 | +0.46% | +2.61% | +8.26% | -11.37% | 73 |
| BLDR Builders Firstsource | 0.16% | 84.69 | -0.09% | -4.54% | +12.37% | -17.69% | 85 |
| AOS Smith A.O. Corp | 0.12% | 62.72 | +0.93% | +2.60% | +10.50% | -5.22% | 80 |
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.