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 | +1.81% | +0.63 | +10pp | +2.01pp | Confirming ↑ |
| 1 month | +1.36% | +0.85 | +16pp | +2.79pp | Confirming ↑ |
| 1 quarter | +5.04% | +0.29 | +13pp | +2.57pp | Confirming ↑ |
Over the last 126 sessions: price up +12.01%, breadth up (+2.31/name) · % beating 43→59 · median−ETF -1.06pp→+1.56pp.
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 2026-07-24.
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 | 44 (55%) | 8 (10%) | +36 |
| 1-Month | 17 (21%) | 4 (5%) | +13 |
| 3-Month | 13 (16%) | 3 (4%) | +10 |
| 6-Month | 10 (13%) | 2 (3%) | +8 |
| 52-Week | 10 (13%) | 2 (3%) | +8 |
| YTD | 10 (13%) | 2 (3%) | +8 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.40% | +0.99% | +0.59pp | 60 / 20 | 50 / 30 | 34 of 80 | ±2.29% |
| 5d | +1.81% | +1.09% | -0.72pp | 51 / 29 | 35 / 45 | 19 of 80 | ±4.81% |
| 21d | +1.36% | +2.92% | +1.56pp | 51 / 29 | 47 / 33 | 8 of 80 | ±9.34% |
| YTD | +18.08% | +15.64% | -2.45pp | 59 / 20 | 34 / 45 | 5 of 79 | ±24.74% |
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)
- GE+1.36%+0.09pp
- DE+2.97%+0.08pp
- RTX+1.74%+0.08pp
- ADP+2.97%+0.05pp
- LMT+2.46%+0.05pp
- UBER-4.31%-0.11pp
- VRT-4.50%-0.09pp
- PWR-4.28%-0.08pp
- ETN-2.66%-0.07pp
- GEV-1.59%-0.07pp
This month (21d)
- RTX+14.98%+0.67pp
- UNP+18.22%+0.54pp
- LMT+18.50%+0.37pp
- CSX+15.57%+0.25pp
- ADP+13.75%+0.23pp
- CAT-10.63%-0.82pp
- UBER-10.71%-0.28pp
- GE-3.32%-0.21pp
- PWR-10.82%-0.21pp
- GEV-4.06%-0.19pp
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)
- CTAS+20.46%
- LMT+18.50%
- UNP+18.22%
- PAYX+17.91%
- CSX+15.57%
- GNRC-28.90%
- PNR-15.95%
- BLDR-14.69%
- ROL-13.43%
- EME-12.08%
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% | 888.73 | -0.65% | +1.15% | -10.63% | +55.80% | 11 |
| GE GE Aerospace | 6.40% | 353.73 | +1.36% | +1.40% | -3.32% | +15.00% | 26 |
| GEV GE Vernova Inc | 4.62% | 1014.75 | -1.59% | -4.07% | -4.06% | +55.47% | 25 |
| RTX Rtx Corp | 4.49% | 212.79 | +1.74% | +9.96% | +14.98% | +16.41% | 91 |
| BA Boeing Company | 3.13% | 209.52 | +0.14% | -2.11% | -4.87% | -3.50% | 23 |
| UNP Union Pacific Corp | 2.95% | 307.32 | +0.98% | +1.85% | +18.22% | +34.24% | 96 |
| ETN Eaton Corp | 2.77% | 404.07 | -2.66% | +1.02% | -0.13% | +27.26% | 34 |
| DE Deere & Company | 2.65% | 628.16 | +2.97% | +5.18% | +4.83% | +35.32% | 59 |
| UBER UBER Technologies Inc | 2.58% | 65.94 | -4.31% | -9.00% | -10.71% | -19.30% | 10 |
| HON Honeywell International | 2.55% | 243.15 | -1.27% | +8.06% | +6.92% | +25.25% | 68 |
| VRT Vertiv Holdings Llc. | 2.11% | 290.36 | -4.50% | +0.28% | -8.24% | +79.27% | 15 |
| PH Parker-Hannifin Corp | 2.08% | 987.54 | +0.21% | +3.60% | +2.75% | +12.82% | 46 |
| LMT Lockheed Martin Corp | 1.99% | 582.60 | +2.46% | +14.51% | +18.50% | +21.09% | 98 |
| HWM Howmet Aerospace Inc | 1.93% | 289.26 | +0.76% | +6.18% | +4.78% | +41.23% | 57 |
| PWR Quanta Services | 1.92% | 625.84 | -4.28% | -0.43% | -10.82% | +48.35% | 9 |
| TT Trane Technologies Plc | 1.85% | 480.99 | +0.27% | +2.34% | -0.45% | +24.16% | 33 |
| GD General Dynamics Corp | 1.67% | 386.75 | +1.30% | +4.93% | +12.82% | +15.88% | 86 |
| CMI Cummins Inc | 1.66% | 664.65 | -0.06% | +2.49% | -4.35% | +31.06% | 24 |
| ADP Automatic Data Processing | 1.66% | 250.09 | +2.97% | -2.03% | +13.75% | -1.97% | 89 |
| JCI Johnson Controls Intl | 1.61% | 143.37 | +0.06% | +2.07% | +0.39% | +20.09% | 38 |
| CSX CSX Corp | 1.61% | 53.23 | +0.80% | +4.89% | +15.57% | +47.33% | 94 |
| MMM 3M Company | 1.52% | 172.62 | +1.79% | +8.00% | +4.04% | +8.30% | 54 |
| WM Waste Management | 1.48% | 238.75 | +0.62% | -0.23% | +6.94% | +9.57% | 69 |
| EMR Emerson Electric Company | 1.46% | 147.94 | +2.10% | +6.02% | +4.60% | +12.35% | 56 |
| UPS United Parcel Service | 1.46% | 114.79 | +0.60% | -2.49% | +8.15% | +17.34% | 76 |
| NOC Northrop Grumman Corp | 1.34% | 542.24 | +1.64% | +3.96% | +7.80% | -4.60% | 74 |
| FDX Fedex Corp | 1.33% | 314.96 | -0.21% | +0.63% | -0.59% | +9.48% | 31 |
| TDG Transdigm Group Inc | 1.29% | 1236.71 | +1.88% | +1.83% | -6.50% | -7.00% | 19 |
| NSC Norfolk Southern Corp | 1.28% | 350.66 | +0.61% | +3.09% | +15.42% | +22.52% | 93 |
| URI United Rentals | 1.23% | 1141.59 | +0.16% | +9.22% | +5.34% | +41.67% | 61 |
| ITW Illinois Tool Works | 1.23% | 283.02 | +2.21% | +2.52% | +7.98% | +15.64% | 75 |
| FIX Comfort Systems USA | 1.20% | 1733.60 | -5.33% | +3.56% | -11.30% | +85.92% | 8 |
| PCAR Paccar Inc | 1.13% | 132.24 | +1.14% | +4.79% | +13.00% | +21.45% | 88 |
| CTAS Cintas Corp | 1.09% | 205.91 | +1.31% | +0.71% | +20.46% | +9.74% | 99 |
| GWW W.W. Grainger | 1.05% | 1382.60 | +1.11% | -0.89% | +2.98% | +37.56% | 50 |
| LHX L3Harris Technologies | 1.05% | 300.21 | +0.18% | +6.45% | +4.50% | +2.62% | 55 |
| CARR Carrier Global Corp | 1.00% | 68.88 | -0.39% | +0.64% | -6.99% | +31.38% | 18 |
| DAL Delta Air Lines Inc | 0.98% | 85.06 | +3.77% | +1.06% | -6.17% | +23.22% | 21 |
| FAST Fastenal Company | 0.97% | 47.02 | +1.89% | +3.36% | +1.64% | +18.45% | 43 |
| AME Ametek Inc | 0.95% | 241.97 | +0.34% | +2.10% | +2.80% | +18.04% | 48 |
| ROK Rockwell Automation Inc | 0.94% | 462.16 | +0.33% | +0.07% | +0.39% | +19.57% | 36 |
| ODFL Old Dominion Freight Line | 0.82% | 232.99 | +0.99% | -0.36% | +6.37% | +48.80% | 64 |
| WAB Wabtec Corp | 0.82% | 302.50 | +1.51% | +15.42% | +11.02% | +42.06% | 84 |
| RSG Republic Services | 0.77% | 216.91 | -0.23% | -2.43% | +1.86% | +2.94% | 45 |
| UAL United Airlines Holdings | 0.68% | 118.27 | +2.53% | +2.48% | -9.40% | +5.77% | 14 |
| EME Emcor Group | 0.67% | 744.85 | -3.15% | +0.09% | -12.08% | +21.88% | 5 |
| AXON Axon Enterprise | 0.63% | 502.34 | +2.12% | -1.56% | +9.99% | -11.55% | 80 |
| PAYX Paychex Inc | 0.59% | 113.55 | +2.61% | -0.73% | +17.91% | +2.27% | 95 |
| DOV Dover Corp | 0.53% | 202.20 | +2.22% | -5.59% | -9.86% | +4.06% | 13 |
| OTIS Otis Worldwide Corp | 0.50% | 71.93 | +1.64% | -2.07% | -0.96% | -16.77% | 30 |
| CPRT Copart Inc | 0.50% | 27.94 | +2.72% | +1.20% | -8.09% | -28.63% | 16 |
| XYL Xylem Inc | 0.49% | 119.75 | +2.46% | -2.47% | +6.88% | -11.77% | 66 |
| IR Ingersoll Rand Inc | 0.48% | 84.40 | +0.11% | +2.63% | +7.76% | +6.59% | 73 |
| VRSK Verisk Analytics Inc | 0.47% | 201.34 | +4.23% | +0.33% | +11.82% | -9.76% | 85 |
| HUBB Hubbell Inc B | 0.46% | 486.09 | -0.47% | -0.53% | -6.19% | +10.08% | 20 |
| CHRW C.H. Robinson Ww | 0.42% | 186.51 | -9.25% | -10.55% | +5.20% | +16.81% | 60 |
| LUV Southwest Airlines Company | 0.41% | 45.08 | +0.83% | -6.24% | -11.50% | +9.54% | 6 |
| EXPD Expeditors Intl | 0.41% | 175.30 | -0.50% | -4.10% | +9.45% | +18.25% | 78 |
| JBHT J B Hunt Transport | 0.39% | 288.30 | -0.37% | -1.07% | +7.15% | +48.92% | 70 |
| VLTO Veralto Corporation | 0.38% | 92.02 | +0.57% | -1.91% | +6.76% | -7.64% | 65 |
| SNA Snap-On Inc | 0.37% | 404.12 | +2.20% | -1.67% | +3.06% | +18.82% | 51 |
| EFX Equifax Inc | 0.36% | 172.54 | +3.49% | -2.56% | +9.47% | -19.99% | 79 |
| FDXF Fedex Freight Holding Company Inc | 0.34% | 158.00 | +2.07% | +3.77% | -1.53% | — | 29 |
| FTV Fortive Corp | 0.34% | 62.31 | +2.79% | +0.86% | +3.18% | +12.98% | 53 |
| BR Broadridge Financial Solutions | 0.31% | 148.92 | +3.13% | -0.66% | +6.30% | -32.90% | 63 |
| LII Lennox International | 0.30% | 541.13 | +0.60% | -0.51% | -1.69% | +11.77% | 28 |
| IEX Idex Corp | 0.30% | 223.27 | +0.47% | -0.74% | +0.50% | +26.38% | 39 |
| TXT Textron Inc | 0.29% | 95.53 | +2.51% | +4.43% | +10.39% | +9.61% | 83 |
| LDOS Leidos Holdings Inc | 0.28% | 112.14 | +1.64% | +5.32% | +7.50% | -37.68% | 71 |
| GNRC Generac Holdings Inc | 0.28% | 202.01 | -4.03% | -6.00% | -28.90% | +48.13% | 0 |
| NDSN Nordson Corp | 0.28% | 295.77 | +1.26% | +2.35% | -0.11% | +23.40% | 35 |
| MAS Masco Corp | 0.27% | 79.27 | +2.50% | +0.79% | +1.56% | +26.05% | 41 |
| J Jacobs Engineering Group | 0.27% | 134.56 | +1.94% | +2.13% | +10.26% | +2.17% | 81 |
| ROL Rollins Inc | 0.25% | 38.56 | -2.23% | -14.52% | -13.43% | -35.34% | 4 |
| SWK Stanley Black & Decker | 0.24% | 91.26 | +4.40% | +1.21% | +1.78% | +24.22% | 44 |
| PNR Pentair Ltd | 0.22% | 62.88 | +1.75% | +1.13% | -15.95% | -39.28% | 1 |
| HII Huntington Ingalls Industries | 0.21% | 287.59 | +0.17% | +6.86% | +2.85% | -14.80% | 49 |
| ALLE Allegion Plc | 0.21% | 153.36 | -0.78% | +11.75% | +14.45% | -3.32% | 90 |
| BLDR Builders Firstsource | 0.16% | 72.86 | +3.27% | -1.89% | -14.69% | -29.19% | 3 |
| AOS Smith A.O. Corp | 0.12% | 60.78 | +2.17% | +3.28% | +1.00% | -8.15% | 40 |
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.