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 | +0.72% | -0.46 | -12pp | -1.64pp | Weakening |
| 1 month | +3.53% | +1.09 | -10pp | -1.74pp | Confirming ↑ |
| 1 quarter | +6.88% | +3.79 | +5pp | +1.45pp | Confirming ↑ |
Over the last 126 sessions: price up +7.55%, breadth up (+1.09/name) · % beating 52→44 · median−ETF +0.61pp→-0.87pp.
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 2026-08-14.
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 | 18 (23%) | 17 (21%) | +1 |
| 1-Month | 5 (6%) | 3 (4%) | +2 |
| 3-Month | 3 (4%) | 1 (1%) | +2 |
| 6-Month | 0 (0%) | 1 (1%) | -1 |
| 52-Week | 0 (0%) | 1 (1%) | -1 |
| YTD | 0 (0%) | 1 (1%) | -1 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.39% | -0.07% | -0.46pp | 35 / 44 | 26 / 54 | 47 of 80 | ±1.45% |
| 5d | +0.72% | -0.18% | -0.90pp | 37 / 42 | 30 / 50 | 17 of 80 | ±2.97% |
| 21d | +3.53% | +2.66% | -0.87pp | 50 / 30 | 35 / 45 | 10 of 80 | ±9.66% |
| YTD | +20.57% | +16.84% | -3.73pp | 61 / 18 | 31 / 48 | 5 of 79 | ±24.36% |
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+2.15%+0.14pp
- RTX+1.47%+0.07pp
- GEV+1.32%+0.06pp
- VRT+2.36%+0.05pp
- HWM+2.25%+0.04pp
- UNP-1.38%-0.04pp
- DAL-2.15%-0.02pp
- ADP-1.18%-0.02pp
- FDX-1.39%-0.02pp
- ODFL-2.21%-0.02pp
This month (21d)
- RTX+14.72%+0.66pp
- GE+6.55%+0.42pp
- ETN+13.94%+0.39pp
- LMT+18.53%+0.37pp
- BA+8.09%+0.25pp
- CAT-2.17%-0.17pp
- UPS-10.82%-0.16pp
- CHRW-27.79%-0.12pp
- WM-7.31%-0.11pp
- CARR-9.13%-0.09pp
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)
- LDOS+32.82%
- HII+20.90%
- LMT+18.53%
- ALLE+18.14%
- EMR+17.32%
- CHRW-27.79%
- LII-24.45%
- ROL-20.37%
- ODFL-11.04%
- UPS-10.82%
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% | 856.57 | +0.23% | +1.71% | -2.17% | +50.16% | 26 |
| GE GE Aerospace | 6.40% | 368.38 | +2.15% | -0.46% | +6.55% | +19.77% | 68 |
| GEV GE Vernova Inc | 4.62% | 1063.25 | +1.32% | +7.36% | +2.61% | +62.90% | 49 |
| RTX Rtx Corp | 4.49% | 222.97 | +1.47% | +0.31% | +14.72% | +21.98% | 93 |
| BA Boeing Company | 3.13% | 231.67 | +0.58% | -1.17% | +8.09% | +6.70% | 74 |
| UNP Union Pacific Corp | 2.95% | 293.68 | -1.38% | +0.19% | -1.92% | +28.28% | 28 |
| ETN Eaton Corp | 2.77% | 451.51 | -0.40% | +0.63% | +13.94% | +42.20% | 91 |
| DE Deere & Company | 2.65% | 608.85 | -0.58% | -1.93% | +1.65% | +31.16% | 41 |
| UBER UBER Technologies Inc | 2.58% | 75.95 | +0.09% | +1.24% | +2.58% | -7.05% | 46 |
| HON Honeywell International | 2.55% | 233.96 | -0.01% | -4.69% | +3.37% | +20.52% | 55 |
| VRT Vertiv Holdings Llc. | 2.11% | 293.84 | +2.36% | +7.87% | -0.09% | +81.41% | 36 |
| PH Parker-Hannifin Corp | 2.08% | 1055.85 | -0.29% | -1.68% | +10.17% | +20.62% | 80 |
| LMT Lockheed Martin Corp | 1.99% | 608.68 | +1.78% | +3.53% | +18.53% | +26.51% | 96 |
| HWM Howmet Aerospace Inc | 1.93% | 289.18 | +2.25% | +2.59% | +6.63% | +41.19% | 69 |
| PWR Quanta Services | 1.92% | 685.78 | +1.93% | +2.07% | +8.68% | +62.56% | 75 |
| TT Trane Technologies Plc | 1.85% | 480.20 | +0.53% | -0.44% | +1.09% | +23.96% | 39 |
| GD General Dynamics Corp | 1.67% | 395.78 | +0.72% | +0.95% | +7.31% | +18.59% | 70 |
| CMI Cummins Inc | 1.66% | 631.26 | -0.06% | -2.02% | -2.56% | +24.47% | 25 |
| ADP Automatic Data Processing | 1.66% | 272.96 | -1.18% | +0.60% | +6.39% | +6.99% | 66 |
| JCI Johnson Controls Intl | 1.61% | 153.64 | +1.45% | +0.94% | +8.76% | +28.70% | 76 |
| CSX CSX Corp | 1.61% | 50.16 | +0.04% | -0.22% | -1.43% | +38.83% | 31 |
| MMM 3M Company | 1.52% | 182.65 | +0.00% | -0.14% | +12.91% | +14.60% | 86 |
| WM Waste Management | 1.48% | 224.55 | +0.15% | -1.37% | -7.31% | +3.05% | 10 |
| EMR Emerson Electric Company | 1.46% | 163.17 | -0.63% | +3.10% | +17.32% | +23.91% | 94 |
| UPS United Parcel Service | 1.46% | 104.50 | -0.99% | +0.00% | -10.82% | +6.82% | 5 |
| NOC Northrop Grumman Corp | 1.34% | 585.87 | +1.94% | +2.50% | +12.96% | +3.08% | 88 |
| FDX Fedex Corp | 1.33% | 334.64 | -1.39% | +5.04% | +5.17% | +16.32% | 59 |
| TDG Transdigm Group Inc | 1.29% | 1256.90 | +0.85% | +2.58% | +2.09% | -5.49% | 44 |
| NSC Norfolk Southern Corp | 1.28% | 334.41 | -1.02% | +0.01% | -1.08% | +16.84% | 35 |
| URI United Rentals | 1.23% | 1153.83 | +2.97% | -0.60% | +7.65% | +43.18% | 73 |
| ITW Illinois Tool Works | 1.23% | 290.81 | -0.06% | -1.97% | +2.77% | +18.82% | 51 |
| FIX Comfort Systems USA | 1.20% | 1774.06 | +2.69% | +4.75% | +5.56% | +90.26% | 63 |
| PCAR Paccar Inc | 1.13% | 130.79 | +0.05% | -1.48% | +3.25% | +20.11% | 54 |
| CTAS Cintas Corp | 1.09% | 199.52 | -0.59% | -1.48% | -3.26% | +6.33% | 21 |
| GWW W.W. Grainger | 1.05% | 1322.64 | +0.10% | +3.73% | -5.66% | +31.59% | 15 |
| LHX L3Harris Technologies | 1.05% | 291.82 | +1.16% | +1.80% | +2.60% | -0.25% | 48 |
| CARR Carrier Global Corp | 1.00% | 62.78 | -0.90% | -1.92% | -9.13% | +19.75% | 9 |
| DAL Delta Air Lines Inc | 0.98% | 89.35 | -2.15% | -2.18% | +3.06% | +29.44% | 53 |
| FAST Fastenal Company | 0.97% | 51.02 | -0.62% | -1.58% | +9.32% | +28.52% | 78 |
| AME Ametek Inc | 0.95% | 254.79 | -0.56% | +0.45% | +7.37% | +24.30% | 71 |
| ROK Rockwell Automation Inc | 0.94% | 449.37 | +0.87% | +1.89% | -4.12% | +16.26% | 20 |
| ODFL Old Dominion Freight Line | 0.82% | 210.97 | -2.21% | -2.49% | -11.04% | +34.74% | 4 |
| WAB Wabtec Corp | 0.82% | 299.02 | +0.35% | +2.47% | +13.31% | +40.43% | 90 |
| RSG Republic Services | 0.77% | 214.71 | -0.24% | +0.07% | -4.37% | +1.90% | 19 |
| UAL United Airlines Holdings | 0.68% | 125.34 | -0.80% | -3.26% | +5.50% | +12.09% | 61 |
| EME Emcor Group | 0.67% | 836.29 | +0.61% | +2.37% | +11.50% | +36.85% | 81 |
| AXON Axon Enterprise | 0.63% | 612.83 | -0.45% | +7.32% | +13.12% | +7.91% | 89 |
| PAYX Paychex Inc | 0.59% | 122.02 | -2.70% | +1.65% | +6.38% | +9.90% | 65 |
| DOV Dover Corp | 0.53% | 207.07 | +0.20% | -1.92% | -4.80% | +6.56% | 16 |
| OTIS Otis Worldwide Corp | 0.50% | 72.63 | -0.55% | -1.24% | -3.16% | -15.96% | 23 |
| CPRT Copart Inc | 0.50% | 31.61 | +7.55% | +6.57% | +11.74% | -19.26% | 84 |
| XYL Xylem Inc | 0.49% | 119.68 | -0.53% | -0.53% | -4.49% | -11.82% | 18 |
| IR Ingersoll Rand Inc | 0.48% | 83.34 | -1.12% | -4.15% | -1.70% | +5.25% | 30 |
| VRSK Verisk Analytics Inc | 0.47% | 181.67 | -2.30% | -5.29% | -9.84% | -18.58% | 8 |
| HUBB Hubbell Inc B | 0.46% | 511.39 | +0.85% | -0.51% | +6.09% | +15.81% | 64 |
| CHRW C.H. Robinson Ww | 0.42% | 148.57 | -0.52% | -0.52% | -27.79% | -6.95% | 0 |
| LUV Southwest Airlines Company | 0.41% | 44.26 | -1.36% | -5.93% | -10.46% | +7.55% | 6 |
| EXPD Expeditors Intl | 0.41% | 186.12 | -0.50% | +4.15% | +2.29% | +25.55% | 45 |
| JBHT J B Hunt Transport | 0.39% | 279.71 | -0.92% | +4.17% | -6.27% | +44.48% | 14 |
| VLTO Veralto Corporation | 0.38% | 97.68 | +0.14% | -0.67% | +3.68% | -1.96% | 56 |
| SNA Snap-On Inc | 0.37% | 403.56 | -0.26% | -3.07% | -2.75% | +18.66% | 24 |
| EFX Equifax Inc | 0.36% | 180.85 | -2.55% | -0.94% | +0.68% | -16.14% | 38 |
| FDXF Fedex Freight Holding Company Inc | 0.34% | 150.29 | -1.12% | +3.82% | -1.40% | — | 33 |
| FTV Fortive Corp | 0.34% | 61.62 | -0.31% | -0.15% | -1.33% | +11.73% | 34 |
| BR Broadridge Financial Solutions | 0.31% | 171.01 | -0.71% | +2.71% | +11.73% | -22.95% | 83 |
| LII Lennox International | 0.30% | 422.01 | +0.88% | -4.04% | -24.45% | -12.84% | 1 |
| IEX Idex Corp | 0.30% | 238.94 | -0.08% | +1.91% | +4.36% | +35.25% | 57 |
| TXT Textron Inc | 0.29% | 89.00 | +1.09% | -0.48% | -1.81% | +2.12% | 29 |
| LDOS Leidos Holdings Inc | 0.28% | 143.83 | +0.86% | +4.55% | +32.82% | -20.07% | 99 |
| GNRC Generac Holdings Inc | 0.28% | 219.30 | +1.22% | +3.34% | +1.82% | +60.81% | 43 |
| NDSN Nordson Corp | 0.28% | 308.72 | -0.41% | -0.45% | +5.24% | +28.80% | 60 |
| MAS Masco Corp | 0.27% | 74.33 | -0.34% | -4.10% | -7.25% | +18.19% | 13 |
| J Jacobs Engineering Group | 0.27% | 144.66 | +0.52% | -0.28% | +9.33% | +9.84% | 79 |
| ROL Rollins Inc | 0.25% | 36.20 | -0.06% | -3.61% | -20.37% | -39.30% | 3 |
| SWK Stanley Black & Decker | 0.24% | 102.07 | -0.14% | -1.75% | +11.78% | +38.94% | 85 |
| PNR Pentair Ltd | 0.22% | 66.16 | -1.06% | -3.96% | +1.16% | -36.12% | 40 |
| HII Huntington Ingalls Industries | 0.21% | 327.71 | +0.60% | +1.00% | +20.90% | -2.92% | 98 |
| ALLE Allegion Plc | 0.21% | 164.78 | -1.00% | -2.46% | +18.14% | +3.88% | 95 |
| BLDR Builders Firstsource | 0.16% | 72.51 | -1.43% | -2.92% | -7.28% | -29.53% | 11 |
| AOS Smith A.O. Corp | 0.12% | 62.17 | -0.53% | -2.83% | +2.71% | -6.05% | 50 |
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.