Constituent dispersion · breadth vs the index
XLU — Utilities 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 | +1.33% | +0.87 | -10pp | +0.18pp | Confirming ↑ |
| 1 month | +8.63% | +5.87 | -10pp | -0.19pp | Confirming ↑ |
| 1 quarter | -0.55% | +0.97 | +13pp | +1.01pp | Improving |
Over the last 126 sessions: price down -6.72%, breadth up (+1.26/name) · % beating 52→58 · median−ETF +0.16pp→+0.81pp.
Stocks above their moving average — participation breadth
Of the 31 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 31 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 | 3 (10%) | 0 (0%) | +3 |
| 1-Month | 1 (3%) | 0 (0%) | +1 |
| 3-Month | 1 (3%) | 0 (0%) | +1 |
| 6-Month | 0 (0%) | 0 (0%) | +0 |
| 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 | -0.57% | -0.82% | -0.25pp | 6 / 25 | 11 / 20 | 25 of 31 | ±1.27% |
| 5d | +1.33% | +1.51% | +0.18pp | 28 / 3 | 21 / 10 | 21 of 31 | ±1.55% |
| 21d | +8.63% | +9.44% | +0.81pp | 28 / 3 | 18 / 13 | 8 of 31 | ±4.53% |
| YTD | +2.42% | +7.42% | +5.00pp | 25 / 6 | 23 / 8 | 3 of 31 | ±13.5% |
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)
- CEG+2.39%+0.14pp
- VST+3.70%+0.13pp
- NRG+1.73%+0.03pp
- PNW+1.69%+0.02pp
- PCG+0.08%+0pp
- NEE-0.82%-0.11pp
- DUK-1.46%-0.1pp
- EXC-2.05%-0.07pp
- SO-0.91%-0.07pp
- PEG-2.11%-0.06pp
This month (21d)
- NEE+10.55%+1.37pp
- SO+11.89%+0.89pp
- DUK+11.13%+0.78pp
- AEP+8.46%+0.43pp
- SRE+9.21%+0.4pp
- VST-3.66%-0.13pp
- CEG-1.58%-0.09pp
- NRG-0.56%-0.01pp
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)
- AWK+14.53%
- WEC+13.92%
- ED+12.99%
- NI+12.82%
- CNP+12.66%
- VST-3.66%
- CEG-1.58%
- NRG-0.56%
- AES+0.13%
- PEG+6.01%
XLU — constituent leadership race
$100 in each covered XLU 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 — 31 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| NEE Nextera Energy | 12.99% | 84.33 | -0.82% | +2.32% | +10.55% | +5.76% | 58 |
| SO Southern Company | 7.51% | 93.75 | -0.91% | +1.19% | +11.89% | +8.36% | 74 |
| DUK Duke Energy Corp | 7.05% | 126.51 | -1.46% | +1.37% | +11.13% | +8.85% | 65 |
| CEG Constellation Energy Corp | 5.89% | 263.40 | +2.39% | +1.71% | -1.58% | -25.34% | 3 |
| AEP American Electric Power | 5.07% | 129.86 | -0.36% | -0.34% | +8.46% | +13.51% | 39 |
| SRE Sempra | 4.37% | 85.36 | -0.71% | +0.41% | +9.21% | -2.64% | 42 |
| D Dominion Energy Inc | 4.21% | 66.78 | -1.39% | +2.17% | +9.44% | +16.34% | 48 |
| ETR Entergy Corp | 3.65% | 108.92 | -0.86% | +0.45% | +8.03% | +19.26% | 26 |
| EXC Exelon Corp | 3.43% | 45.50 | -2.05% | +1.79% | +11.46% | +5.28% | 68 |
| VST Vistra Energy Corp | 3.42% | 139.59 | +3.70% | -4.82% | -3.66% | -13.36% | 0 |
| XEL XCEL Energy Inc | 3.37% | 78.76 | -0.72% | +0.79% | +10.17% | +7.42% | 55 |
| PEG Public Service Enterprise Group | 2.89% | 72.81 | -2.11% | -0.01% | +6.01% | -8.60% | 13 |
| ED Consolidated Edison Company | 2.82% | 116.81 | -1.41% | +1.55% | +12.99% | +19.53% | 90 |
| PCG Pacific Gas & Electric Company | 2.70% | 13.29 | +0.08% | +2.55% | +7.61% | -17.06% | 23 |
| WEC Wisconsin Energy Corp | 2.68% | 115.40 | -1.28% | +3.56% | +13.92% | +11.29% | 94 |
| DTE Dte Energy Company | 2.22% | 134.26 | -1.17% | +1.20% | +7.37% | +4.91% | 19 |
| AEE Ameren Corp | 2.19% | 110.37 | -0.94% | +1.50% | +10.70% | +11.28% | 61 |
| ATO Atmos Energy Corp | 2.04% | 173.77 | -0.50% | +1.40% | +9.95% | +4.83% | 52 |
| EIX Edison International | 2.04% | 59.62 | -0.15% | +2.46% | +11.73% | +2.01% | 71 |
| CNP Centerpoint Energy | 2.03% | 42.53 | -0.28% | +1.33% | +12.66% | +12.15% | 84 |
| NRG NRG Energy | 1.93% | 96.26 | +1.73% | +1.54% | -0.56% | -39.18% | 6 |
| PPL PPL Corp | 1.92% | 35.71 | -1.19% | +1.51% | +8.38% | +2.73% | 35 |
| ES Eversource Energy | 1.87% | 69.03 | -0.75% | +1.87% | +6.71% | +4.84% | 16 |
| AWK American Water Works | 1.79% | 146.42 | -0.69% | +3.77% | +14.53% | +13.77% | 97 |
| FE Firstenergy Corp | 1.77% | 47.19 | -0.92% | +1.99% | +8.13% | +7.51% | 32 |
| NI NiSource Inc | 1.64% | 44.62 | -0.53% | +3.03% | +12.82% | +8.26% | 87 |
| CMS Cms Energy Corp | 1.64% | 70.00 | -1.07% | +1.45% | +9.32% | +1.63% | 45 |
| EVRG Evergy Inc | 1.40% | 85.45 | -1.27% | +0.18% | +8.04% | +19.87% | 29 |
| LNT Alliant Energy Corp | 1.36% | 72.12 | -1.23% | +3.76% | +12.18% | +12.68% | 77 |
| PNW Pinnacle West Capital Corp | 0.90% | 107.74 | +1.69% | +2.23% | +12.28% | +23.75% | 81 |
| AES The Aes Corp | 0.76% | 14.92 | +0.13% | +0.44% | +0.13% | +6.57% | 10 |
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
XLU dispersion — data Q&A
Is XLU's move broad or carried by a few names (21 sessions)?
As of 2026-11-04: over 21 sessions the fund returned +8.63% while its median constituent returned +9.44% — a dispersion of 4.53 pp; 58% of 31 members beat the fund. Broad advance - breadth is rising with price.
How did XLU's members trade in the last session?
As of 2026-11-04: fund -0.57%, median member -0.82%, 6 advancers vs 25 decliners.
What does the dispersion page for XLU 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. 31 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.