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 | +0.50% | -0.21 | +14pp | +4.35pp | Weakening |
| 1 month | -1.84% | -2.17 | -28pp | -4.71pp | Confirming ↓ |
| 1 quarter | -0.68% | -0.67 | -5pp | -0.60pp | Weakening |
Over the last 126 sessions: price up +2.04%, breadth down (-4.6/name) · % beating 76→35 · median−ETF +4.51pp→-3.06pp.
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 2026-09-03.
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 | 9 (19%) | 8 (17%) | +1 |
| 1-Month | 1 (2%) | 3 (6%) | -2 |
| 3-Month | 0 (0%) | 1 (2%) | -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 | +1.39% | +0.48% | -0.91pp | 32 / 16 | 8 / 40 | 24 of 48 | ±1.4% |
| 5d | +0.50% | -0.55% | -1.05pp | 21 / 27 | 19 / 29 | 12 of 48 | ±3.24% |
| 21d | -1.84% | -4.90% | -3.06pp | 15 / 33 | 17 / 31 | 3 of 48 | ±8.94% |
| YTD | -2.27% | -2.95% | -0.68pp | 21 / 25 | 22 / 24 | 2 of 46 | ±20.57% |
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)
- TSLA+5.42%+1.05pp
- AMZN+1.54%+0.39pp
- GM+2.77%+0.05pp
- HD+0.60%+0.03pp
- LOW+1.03%+0.03pp
- BKNG-2.24%-0.07pp
- DASH-1.87%-0.02pp
- CMG-2.47%-0.02pp
- SBUX-0.84%-0.02pp
- MCD-0.51%-0.02pp
This month (21d)
- TSLA+17.05%+3.31pp
- ABNB+21.48%+0.28pp
- DASH+7.11%+0.09pp
- CMG+8.90%+0.09pp
- CVNA+5.69%+0.06pp
- AMZN-5.04%-1.27pp
- TJX-17.08%-0.74pp
- HD-9.93%-0.55pp
- RCL-18.90%-0.33pp
- LOW-8.20%-0.24pp
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)
- ABNB+21.48%
- TSLA+17.05%
- CMG+8.90%
- DASH+7.11%
- CVNA+5.69%
- NCLH-23.20%
- TPR-22.97%
- CCL-20.45%
- RCL-18.90%
- TJX-17.08%
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% | 258.90 | +1.54% | +1.03% | -5.04% | +12.17% | 48 |
| TSLA Tesla Inc | 19.40% | 376.37 | +5.42% | +6.08% | +17.05% | -16.31% | 96 |
| HD Home Depot | 5.55% | 318.07 | +0.60% | -2.49% | -9.93% | -6.95% | 17 |
| TJX TJX Companies | 4.35% | 132.19 | +0.67% | -1.51% | -17.08% | -13.70% | 8 |
| MCD McDonald's Corp | 3.85% | 259.63 | -0.51% | +0.54% | -5.24% | -14.58% | 44 |
| BKNG Booking Holdings | 3.09% | 195.13 | -2.24% | -3.67% | -5.74% | — | 40 |
| LOW Lowe's Companies | 2.88% | 201.90 | +1.03% | -2.34% | -8.20% | -15.50% | 29 |
| SBUX Starbucks Corp | 2.73% | 105.82 | -0.84% | -1.34% | +0.40% | +26.47% | 73 |
| MAR Marriot Int Cl A | 2.06% | 336.07 | +0.88% | -5.03% | -6.99% | +8.54% | 33 |
| HLT Hilton Inc | 1.85% | 314.35 | +0.91% | -3.48% | -3.15% | +9.54% | 58 |
| ROST Ross Stores Inc | 1.81% | 231.67 | +0.36% | +0.78% | -8.51% | +28.88% | 25 |
| ORLY O'Reilly Automotive | 1.78% | 87.38 | +0.47% | -0.51% | -6.49% | -4.20% | 38 |
| RCL Royal Caribbean Cruises Ltd | 1.72% | 265.55 | -0.02% | -6.76% | -18.90% | -3.79% | 6 |
| GM General Motors Company | 1.71% | 87.22 | +2.77% | +1.21% | -2.18% | +7.74% | 63 |
| F Ford Motor Company | 1.35% | 14.41 | +1.91% | +3.30% | +3.09% | +12.42% | 77 |
| DASH Doordash Inc Cl A | 1.31% | 222.00 | -1.87% | -4.26% | +7.11% | -1.98% | 92 |
| ABNB Airbnb Inc Cl A | 1.30% | 185.25 | +1.09% | +0.46% | +21.48% | +36.49% | 98 |
| NKE Nike Inc | 1.25% | 38.77 | +1.39% | +1.93% | -8.67% | -38.74% | 23 |
| AZO Autozone | 1.20% | 2968.04 | +1.14% | +1.22% | -3.20% | -12.49% | 56 |
| EBAY Ebay Inc | 1.14% | 105.86 | -0.79% | +3.83% | -4.76% | +22.28% | 50 |
| CVNA Carvana Company Cl A | 1.06% | 73.43 | -0.98% | -0.89% | +5.69% | — | 90 |
| YUM Yum! Brands | 1.00% | 152.54 | +0.84% | +1.19% | +0.11% | +1.79% | 69 |
| CMG Chipotle Mexican Grill | 0.98% | 37.57 | -2.47% | +0.94% | +8.90% | +1.54% | 94 |
| DHI D.R. Horton | 0.97% | 144.41 | +1.51% | -0.59% | -4.36% | +0.85% | 52 |
| GRMN Garmin Ltd | 0.90% | 277.18 | +0.41% | -4.38% | -8.39% | +37.17% | 27 |
| CCL Carnival Corporation Ltd | 0.87% | 23.48 | -1.10% | -5.89% | -20.45% | -22.29% | 4 |
| TPR Tapestry Inc | 0.69% | 122.60 | -0.44% | -0.52% | -22.97% | -3.51% | 2 |
| WSM Williams-Sonoma | 0.62% | 222.76 | +0.47% | -6.56% | -10.26% | +25.62% | 15 |
| EXPE Expedia Group Inc | 0.61% | 303.14 | -1.60% | -4.95% | -5.17% | +7.46% | 46 |
| DRI Darden Restaurants | 0.57% | 218.04 | -0.90% | +3.27% | +4.40% | +20.29% | 85 |
| PHM Pultegroup | 0.55% | 124.31 | +0.49% | -1.93% | -6.54% | +6.24% | 35 |
| ULTA Ulta Beauty Inc | 0.48% | 557.11 | +0.97% | +3.15% | +3.27% | -7.92% | 79 |
| LEN Lennar Corp | 0.45% | 84.45 | +1.04% | -0.78% | -3.90% | -17.05% | 54 |
| NVR NVR Inc | 0.41% | 6373.95 | +0.74% | +0.13% | +0.13% | -12.60% | 71 |
| TSCO Tractor Supply Company | 0.38% | 34.60 | -0.75% | -0.29% | +3.56% | -29.94% | 83 |
| DECK Deckers Outdoor Corp | 0.38% | 84.50 | +0.88% | -2.12% | -14.91% | -18.49% | 10 |
| RL Ralph Lauren Corp | 0.36% | 344.20 | +2.29% | -2.19% | -9.61% | -2.39% | 19 |
| LVS Las Vegas Sands | 0.36% | 44.51 | -0.07% | +0.61% | -2.92% | -30.86% | 60 |
| BBY Best Buy Company | 0.36% | 87.49 | +0.56% | +4.70% | +3.54% | +32.71% | 81 |
| APTV Aptiv Plc | 0.34% | 46.53 | +3.33% | +2.40% | -1.02% | -38.85% | 67 |
| GPC Genuine Parts Company | 0.34% | 137.62 | +0.34% | +0.67% | +4.80% | +14.18% | 88 |
| LULU Lululemon Athletica | 0.30% | 121.77 | +1.42% | +5.89% | -1.41% | -41.40% | 65 |
| HAS Hasbro Inc | 0.26% | 93.00 | -0.53% | -1.25% | +2.02% | +15.13% | 75 |
| DPZ Domino's Pizza Inc | 0.23% | 347.03 | +0.10% | +4.51% | -5.34% | -16.32% | 42 |
| MGM MGM Resorts International | 0.22% | 41.13 | -0.75% | -4.28% | -7.59% | +12.72% | 31 |
| WYNN Wynn Resorts Ltd | 0.21% | 91.56 | +0.04% | -2.19% | -9.26% | -23.54% | 21 |
| NCLH Norwegian Cruise Ord | 0.21% | 15.59 | +0.13% | -6.37% | -23.20% | -30.15% | 0 |
| POOL Pool Corp | 0.15% | 184.07 | +0.59% | -1.07% | -10.33% | -18.45% | 13 |
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 2026-09-03: over 21 sessions the fund returned -1.84% while its median constituent returned -4.90% — a dispersion of 8.94 pp; 35% 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 2026-09-03: fund +1.39%, median member +0.48%, 32 advancers vs 16 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.