Constituent dispersion · breadth vs the index
XLP — Consumer Staples 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 | +2.07% | +0.78 | +10pp | +0.28pp | Confirming ↑ |
| 1 month | +9.76% | +2.69 | +21pp | +3.20pp | Confirming ↑ |
| 1 quarter | +4.24% | -0.89 | +4pp | +0.31pp | Weakening |
Over the last 126 sessions: price up +5.68%, breadth up (+1.11/name) · % beating 36→60 · median−ETF -1.60pp→+0.39pp.
Stocks above their moving average — participation breadth
Of the 36 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 2026-11-03.
New highs & new lows — by horizon
How many of the 36 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 | 1 (3%) | 6 (17%) | -5 |
| 1-Month | 1 (3%) | 2 (6%) | -1 |
| 3-Month | 0 (0%) | 2 (6%) | -2 |
| 6-Month | 0 (0%) | 1 (3%) | -1 |
| 52-Week | 0 (0%) | 0 (0%) | +0 |
| YTD | 0 (0%) | 0 (0%) | +0 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -2.07% | -1.91% | +0.16pp | 3 / 33 | 21 / 15 | 18 of 36 | ±2.23% |
| 5d | +2.07% | +2.04% | -0.02pp | 28 / 8 | 18 / 18 | 13 of 36 | ±4.35% |
| 21d | +9.76% | +10.18% | +0.42pp | 33 / 3 | 22 / 14 | 11 of 36 | ±7.15% |
| YTD | +15.15% | +8.51% | -6.64pp | 25 / 11 | 13 / 23 | 2 of 36 | ±18.91% |
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)
- CLX+4.34%+0.03pp
- EL+0.59%+0.01pp
- BG+0.53%+0.01pp
- WMT-2.22%-0.24pp
- SYY-9.33%-0.23pp
- COST-2.05%-0.18pp
- ADM-6.82%-0.17pp
- KDP-5.65%-0.16pp
This month (21d)
- WMT+18.84%+2.07pp
- COST+10.37%+0.94pp
- PG+11.05%+0.8pp
- KO+9.58%+0.63pp
- MO+13.35%+0.63pp
- ADM-14.39%-0.36pp
- BG-11.74%-0.13pp
- SYY-2.97%-0.07pp
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)
- STZ+21.90%
- WMT+18.84%
- DLTR+18.45%
- TAP+14.65%
- CLX+14.38%
- ADM-14.39%
- BG-11.74%
- SYY-2.97%
- TGT+0.92%
- HSY+4.06%
XLP — constituent leadership race
$100 in each covered XLP 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 — 36 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| WMT Walmart Inc | 10.99% | 124.86 | -2.22% | +4.64% | +18.84% | +12.30% | 94 |
| COST Costco Wholesale | 9.03% | 1019.26 | -2.05% | +2.89% | +10.37% | +18.53% | 53 |
| PG Procter & Gamble Company | 7.20% | 162.06 | -0.92% | +1.78% | +11.05% | +14.74% | 58 |
| KO Coca-Cola Company | 6.58% | 94.80 | -1.07% | +3.97% | +9.58% | +36.54% | 33 |
| PM Philip Morris International | 5.94% | 208.03 | -0.12% | +2.67% | +9.76% | +30.85% | 39 |
| MDLZ Mondelez Intl Inc | 4.99% | 65.12 | -1.90% | +4.44% | +11.34% | +22.02% | 61 |
| MO Altria Group | 4.69% | 76.94 | -0.30% | +4.69% | +13.35% | +35.67% | 75 |
| CL Colgate-Palmolive Company | 4.38% | 95.62 | -1.86% | +3.74% | +10.94% | +22.50% | 56 |
| MNST Monster Beverage Corp | 4.26% | 47.18 | -1.75% | +3.83% | +8.43% | +23.07% | 22 |
| PEP Pepsico Inc | 4.08% | 137.27 | -2.24% | +2.82% | +9.25% | -3.50% | 25 |
| TGT Target Corp | 3.94% | 154.40 | -2.51% | +4.32% | +0.92% | +61.07% | 8 |
| KDP Keurig Dr Pepper Inc | 2.77% | 34.74 | -5.65% | -0.34% | +12.46% | +26.16% | 69 |
| ADM Archer Daniels Midland | 2.48% | 70.60 | -6.82% | -9.72% | -14.39% | +24.55% | 0 |
| SYY Sysco Corp | 2.44% | 74.11 | -9.33% | -9.95% | -2.97% | +2.08% | 6 |
| KR Kroger Company | 2.42% | 66.81 | -2.27% | +1.43% | +13.66% | +8.03% | 78 |
| KVUE Kenvue Inc | 2.24% | 19.31 | -1.28% | -1.33% | +12.14% | +14.59% | 64 |
| KMB Kimberly-Clark Corp | 2.18% | 104.46 | -3.50% | -4.25% | +9.49% | +6.26% | 31 |
| HSY Hershey Foods Corp | 1.73% | 167.54 | -2.17% | +1.84% | +4.06% | -6.62% | 11 |
| DG Dollar General Corp | 1.63% | 130.52 | -3.87% | +2.89% | +9.93% | -0.81% | 42 |
| CHD Church & Dwight Company | 1.49% | 109.16 | -1.17% | +3.95% | +14.11% | +31.01% | 83 |
| EL Estee Lauder Companies | 1.43% | 105.39 | +0.59% | -2.73% | +12.96% | +1.35% | 72 |
| DLTR Dollar Tree Inc | 1.36% | 134.07 | -3.27% | +8.43% | +18.45% | +8.99% | 92 |
| STZ Constellation Brands | 1.34% | 138.13 | -1.81% | +6.58% | +21.90% | +1.45% | 97 |
| KHC Kraft Heinz Company | 1.34% | 24.52 | -1.64% | +1.91% | +12.27% | +2.81% | 67 |
| GIS General Mills | 1.18% | 34.08 | -1.93% | +1.82% | +9.62% | -24.42% | 36 |
| BG Bunge Ltd | 1.11% | 94.72 | +0.53% | -6.55% | -11.74% | +7.59% | 3 |
| CASY Casey's General Stor | 1.08% | 665.39 | -0.42% | -4.52% | +7.79% | +20.58% | 19 |
| TSN Tyson Foods | 1.04% | 56.96 | -0.21% | +2.17% | +10.15% | -1.22% | 47 |
| SJM J.M. Smucker Company | 0.80% | 127.98 | -2.57% | +0.45% | +10.11% | +33.62% | 44 |
| MKC Mccormick & Company | 0.80% | 47.88 | -1.93% | +0.84% | +6.26% | -29.08% | 14 |
| CLX Clorox Company | 0.75% | 93.80 | +4.34% | +8.93% | +14.38% | -4.76% | 86 |
| HRL Hormel Foods Corp | 0.46% | 21.26 | -0.98% | +1.87% | +7.51% | -7.86% | 17 |
| TAP Molson Coors Brewing | 0.45% | 41.87 | -3.15% | +6.13% | +14.65% | -8.30% | 89 |
| CAG Conagra Brands | 0.42% | 14.41 | -2.57% | +1.19% | +9.25% | -12.97% | 28 |
| BF.B Brown Forman Cl B | 0.30% | 28.95 | -3.50% | +1.54% | +10.20% | +13.09% | 50 |
| CPB The Campbell's Company | 0.29% | 21.96 | -0.81% | +6.19% | +13.78% | -18.60% | 81 |
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.
FAQ · from the current data
XLP dispersion — data Q&A
Is XLP's move broad or carried by a few names (21 sessions)?
As of 2026-11-04: over 21 sessions the fund returned +9.76% while its median constituent returned +10.18% — a dispersion of 7.15 pp; 61% of 36 members beat the fund. Broad advance - breadth is rising with price.
How did XLP's members trade in the last session?
As of 2026-11-04: fund -2.07%, median member -1.91%, 3 advancers vs 33 decliners.
What does the dispersion page for XLP measure?
It splits the fund into its members: the fund's own return against the median constituent, how many members beat the fund, advancers vs decliners, and a cumulative advance/decline line that tends to lead price. A firm fund price with a weak median and a falling A/D line is a narrow, top-heavy tape; a broad move shows the median keeping up. 36 constituents covered, re-baked nightly from the Closelooknet lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.