Constituent dispersion · breadth vs the index
XLY — Consumer Discretionary 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 | -0.75% | -0.52 | +11pp | -0.44pp | Weakening |
| 1 month | -6.47% | -4.46 | +9pp | +2.73pp | Confirming ↓ |
| 1 quarter | -2.67% | -4.12 | -37pp | -11.49pp | Confirming ↓ |
Over the last 126 sessions: price up +0.18%, breadth down (-5.37/name) · % beating 35→38 · median−ETF -3.48pp→-3.51pp.
Stocks above their moving average — participation breadth
Of the 48 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 2026-09-24.
New highs & new lows — by horizon
How many of the 48 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 | 6 (13%) | 18 (38%) | -12 |
| 1-Month | 1 (2%) | 15 (31%) | -14 |
| 3-Month | 0 (0%) | 11 (23%) | -11 |
| 6-Month | 0 (0%) | 8 (17%) | -8 |
| 52-Week | 0 (0%) | 7 (15%) | -7 |
| YTD | 0 (0%) | 7 (15%) | -7 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.30% | -0.05% | +0.24pp | 22 / 26 | 27 / 21 | 26 of 48 | ±2.26% |
| 5d | -0.74% | -1.47% | -0.73pp | 15 / 33 | 20 / 28 | 12 of 48 | ±4.02% |
| 21d | -6.47% | -9.98% | -3.51pp | 5 / 43 | 18 / 30 | 8 of 48 | ±7.68% |
| YTD | -7.43% | -10.53% | -3.10pp | 14 / 32 | 20 / 26 | 3 of 46 | ±22.11% |
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)
- RCL+3.77%+0.06pp
- BKNG+0.97%+0.03pp
- HLT+1.60%+0.03pp
- GRMN+2.59%+0.02pp
- ABNB+1.21%+0.02pp
- TSLA-0.57%-0.11pp
- HD-1.53%-0.08pp
- GM-3.82%-0.07pp
- LOW-1.50%-0.04pp
- F-2.63%-0.04pp
This month (21d)
- TSLA+7.91%+1.53pp
- BBY+6.69%+0.02pp
- EBAY+2.04%+0.02pp
- GRMN+2.28%+0.02pp
- ULTA+2.15%+0.01pp
- AMZN-4.47%-1.13pp
- BKNG-26.37%-0.81pp
- HD-12.89%-0.72pp
- MCD-10.96%-0.42pp
- LOW-12.17%-0.35pp
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)
- TSLA+7.91%
- BBY+6.69%
- GRMN+2.28%
- ULTA+2.15%
- EBAY+2.04%
- BKNG-26.37%
- EXPE-22.44%
- MGM-22.27%
- ABNB-20.53%
- DASH-19.69%
XLY — constituent leadership race
$100 in each covered XLY 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 — 48 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| AMZN Amazon.com Inc | 25.20% | 249.38 | +0.04% | -0.72% | -4.47% | +8.04% | 77 |
| TSLA Tesla Inc | 19.40% | 377.94 | -0.57% | +3.21% | +7.91% | -15.96% | 98 |
| HD Home Depot | 5.55% | 292.18 | -1.53% | -3.41% | -12.89% | -14.52% | 33 |
| TJX TJX Companies | 4.35% | 131.63 | +0.03% | +4.01% | -5.63% | -14.07% | 67 |
| MCD McDonald's Corp | 3.85% | 237.02 | -0.55% | -4.61% | -10.96% | -22.02% | 46 |
| BKNG Booking Holdings | 3.09% | 157.41 | +0.97% | -7.69% | -26.37% | — | 0 |
| LOW Lowe's Companies | 2.88% | 188.49 | -1.50% | -2.94% | -12.17% | -21.11% | 35 |
| SBUX Starbucks Corp | 2.73% | 93.65 | -0.52% | -3.12% | -11.45% | +11.93% | 40 |
| MAR Marriot Int Cl A | 2.06% | 351.51 | -0.04% | +5.24% | -1.75% | +13.52% | 88 |
| HLT Hilton Inc | 1.85% | 312.13 | +1.60% | +3.17% | -5.22% | +8.76% | 73 |
| ROST Ross Stores Inc | 1.81% | 235.40 | +0.61% | +2.58% | -2.40% | +30.95% | 85 |
| ORLY O'Reilly Automotive | 1.78% | 86.24 | +0.40% | +1.59% | -4.52% | -5.45% | 75 |
| RCL Royal Caribbean Cruises Ltd | 1.72% | 238.98 | +3.77% | -4.31% | -18.24% | -13.42% | 13 |
| GM General Motors Company | 1.71% | 80.57 | -3.82% | -6.98% | -5.91% | -0.47% | 65 |
| F Ford Motor Company | 1.35% | 12.60 | -2.63% | -7.42% | -9.68% | -1.70% | 52 |
| DASH Doordash Inc Cl A | 1.31% | 187.53 | -0.92% | -3.61% | -19.69% | -17.20% | 8 |
| ABNB Airbnb Inc Cl A | 1.30% | 151.39 | +1.21% | -8.76% | -20.53% | +11.55% | 6 |
| NKE Nike Inc | 1.25% | 35.99 | -0.17% | -1.02% | -7.87% | -43.13% | 54 |
| AZO Autozone | 1.20% | 2861.75 | +0.65% | +0.61% | -5.47% | -15.62% | 71 |
| EBAY Ebay Inc | 1.14% | 107.83 | -1.16% | -4.49% | +2.04% | +24.56% | 90 |
| CVNA Carvana Company Cl A | 1.06% | 64.18 | +0.36% | -2.52% | -15.30% | — | 23 |
| YUM Yum! Brands | 1.00% | 137.34 | -2.34% | +1.17% | -12.11% | -8.35% | 38 |
| CMG Chipotle Mexican Grill | 0.98% | 32.01 | -2.14% | -4.48% | -14.48% | -13.49% | 25 |
| DHI D.R. Horton | 0.97% | 140.35 | +0.13% | -0.02% | -6.93% | -1.98% | 58 |
| GRMN Garmin Ltd | 0.90% | 295.04 | +2.59% | +7.15% | +2.28% | +46.00% | 94 |
| CCL Carnival Corporation Ltd | 0.87% | 21.79 | -0.05% | -1.71% | -16.64% | -27.88% | 19 |
| TPR Tapestry Inc | 0.69% | 112.12 | +1.46% | -3.38% | -13.51% | -11.76% | 29 |
| WSM Williams-Sonoma | 0.62% | 228.66 | +0.36% | +4.45% | -2.59% | +28.95% | 83 |
| EXPE Expedia Group Inc | 0.61% | 261.75 | +1.05% | -8.01% | -22.44% | -7.21% | 2 |
| DRI Darden Restaurants | 0.57% | 207.24 | -3.02% | +0.24% | -5.98% | +14.33% | 63 |
| PHM Pultegroup | 0.55% | 118.18 | -0.45% | -0.56% | -9.69% | +1.00% | 50 |
| ULTA Ulta Beauty Inc | 0.48% | 548.78 | +0.91% | +0.93% | +2.15% | -9.29% | 92 |
| LEN Lennar Corp | 0.45% | 81.47 | -0.06% | +2.22% | -7.08% | -19.97% | 56 |
| NVR NVR Inc | 0.41% | 6235.49 | -0.10% | -0.11% | -3.08% | -14.50% | 79 |
| TSCO Tractor Supply Company | 0.38% | 31.44 | -2.63% | -4.20% | -11.14% | -36.34% | 44 |
| DECK Deckers Outdoor Corp | 0.38% | 78.68 | +0.11% | -1.29% | -11.34% | -24.11% | 42 |
| RL Ralph Lauren Corp | 0.36% | 351.86 | +4.26% | +5.64% | -2.96% | -0.22% | 81 |
| LVS Las Vegas Sands | 0.36% | 38.65 | -1.38% | -4.97% | -18.24% | -39.96% | 15 |
| BBY Best Buy Company | 0.36% | 91.00 | +0.22% | -3.76% | +6.69% | +38.03% | 96 |
| APTV Aptiv Plc | 0.34% | 43.58 | -3.52% | -0.09% | -6.54% | -42.73% | 60 |
| GPC Genuine Parts Company | 0.34% | 129.26 | +0.39% | -1.24% | -5.57% | +7.24% | 69 |
| LULU Lululemon Athletica | 0.30% | 101.64 | -0.63% | +2.26% | -14.10% | -51.09% | 27 |
| HAS Hasbro Inc | 0.26% | 86.81 | +0.34% | -2.20% | -10.26% | +7.47% | 48 |
| DPZ Domino's Pizza Inc | 0.23% | 293.03 | -1.15% | -1.55% | -16.26% | -29.34% | 21 |
| MGM MGM Resorts International | 0.22% | 33.69 | -10.99% | -12.06% | -22.27% | -7.67% | 4 |
| WYNN Wynn Resorts Ltd | 0.21% | 80.19 | -1.55% | -3.34% | -18.79% | -33.04% | 10 |
| NCLH Norwegian Cruise Ord | 0.21% | 14.19 | +0.07% | -1.39% | -17.79% | -36.42% | 17 |
| POOL Pool Corp | 0.15% | 161.71 | -2.94% | -3.54% | -13.23% | -28.35% | 31 |
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
XLY dispersion — data Q&A
Is XLY's move broad or carried by a few names (21 sessions)?
As of 2026-09-24: over 21 sessions the fund returned -6.47% while its median constituent returned -9.98% — a dispersion of 7.68 pp; 38% of 48 members beat the fund. Broad decline - breadth is falling with price.
How did XLY's members trade in the last session?
As of 2026-09-24: fund -0.30%, median member -0.05%, 22 advancers vs 26 decliners.
What does the dispersion page for XLY 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. 48 constituents covered, re-baked nightly from the Closelook lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.