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 | +1.63% | +0.9 | +20pp | +4.15pp | Confirming ↑ |
| 1 month | +6.26% | +1.96 | +26pp | +6.18pp | Confirming ↑ |
| 1 quarter | -1.10% | -4.37 | +3pp | +1.93pp | Confirming ↓ |
Over the last 126 sessions: price down -1.10%, breadth down (-3.56/name) · % beating 15→66 · median−ETF -6.38pp→+3.58pp.
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 2026-11-03.
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 | 8 (17%) | 5 (10%) | +3 |
| 1-Month | 6 (13%) | 1 (2%) | +5 |
| 3-Month | 1 (2%) | 1 (2%) | +0 |
| 6-Month | 1 (2%) | 1 (2%) | +0 |
| 52-Week | 1 (2%) | 1 (2%) | +0 |
| YTD | 1 (2%) | 1 (2%) | +0 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.70% | -1.19% | -0.49pp | 12 / 36 | 18 / 30 | 21 of 48 | ±1.84% |
| 5d | +1.63% | +3.61% | +1.99pp | 39 / 9 | 33 / 15 | 12 of 48 | ±5.16% |
| 21d | +6.26% | +9.42% | +3.17pp | 42 / 6 | 31 / 17 | 1 of 48 | ±7.71% |
| YTD | -1.54% | -3.36% | -1.81pp | 21 / 26 | 22 / 25 | 2 of 47 | ±24.22% |
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)
- AMZN+2.06%+0.52pp
- BKNG+1.25%+0.04pp
- CMG+1.06%+0.01pp
- SBUX+0.35%+0.01pp
- ROST+0.44%+0.01pp
- TSLA-1.32%-0.26pp
- HD-2.20%-0.12pp
- TJX-2.39%-0.1pp
- LOW-2.19%-0.06pp
- DHI-5.03%-0.05pp
This month (21d)
- HD+18.68%+1.04pp
- TSLA+5.22%+1.01pp
- LOW+18.87%+0.54pp
- MCD+12.87%+0.5pp
- MAR+17.00%+0.35pp
- AMZN-0.28%-0.07pp
- DASH-4.41%-0.06pp
- BKNG-1.68%-0.05pp
- GRMN-2.44%-0.02pp
- APTV-5.81%-0.02pp
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)
- POOL+30.06%
- HAS+27.70%
- LOW+18.87%
- HD+18.68%
- NCLH+17.15%
- APTV-5.81%
- DASH-4.41%
- GRMN-2.44%
- BKNG-1.68%
- GPC-1.56%
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% | 250.69 | +2.06% | -0.95% | -0.28% | +8.61% | 10 |
| TSLA Tesla Inc | 19.40% | 398.50 | -1.32% | -2.20% | +5.22% | -11.39% | 33 |
| HD Home Depot | 5.55% | 333.66 | -2.20% | +4.76% | +18.68% | -2.39% | 92 |
| TJX TJX Companies | 4.35% | 137.63 | -2.39% | -1.83% | +2.40% | -10.15% | 23 |
| MCD McDonald's Corp | 3.85% | 263.04 | -0.98% | +5.44% | +12.87% | -13.45% | 67 |
| BKNG Booking Holdings | 3.09% | 155.67 | +1.25% | +3.68% | -1.68% | -26.80% | 6 |
| LOW Lowe's Companies | 2.88% | 213.38 | -2.19% | +7.67% | +18.87% | -10.70% | 94 |
| SBUX Starbucks Corp | 2.73% | 104.77 | +0.35% | +1.68% | +10.95% | +25.22% | 58 |
| MAR Marriot Int Cl A | 2.06% | 416.38 | +0.02% | +6.70% | +17.00% | +34.47% | 88 |
| HLT Hilton Inc | 1.85% | 363.83 | -0.24% | +5.57% | +15.09% | +26.78% | 81 |
| ROST Ross Stores Inc | 1.81% | 231.60 | +0.44% | +0.66% | +2.31% | +28.84% | 21 |
| ORLY O'Reilly Automotive | 1.78% | 89.99 | -0.78% | +0.19% | +7.26% | -1.34% | 38 |
| RCL Royal Caribbean Cruises Ltd | 1.72% | 313.17 | -2.46% | +5.83% | +13.87% | +13.46% | 71 |
| GM General Motors Company | 1.71% | 88.34 | -1.78% | +9.68% | +10.11% | +9.13% | 52 |
| F Ford Motor Company | 1.35% | 12.31 | -2.30% | +5.12% | +1.32% | -3.96% | 17 |
| DASH Doordash Inc Cl A | 1.31% | 183.32 | -3.55% | +7.48% | -4.41% | -19.06% | 2 |
| ABNB Airbnb Inc Cl A | 1.30% | 166.96 | -2.43% | -1.10% | +1.76% | +23.02% | 19 |
| NKE Nike Inc | 1.25% | 38.48 | -1.64% | +2.45% | +13.31% | -39.20% | 69 |
| AZO Autozone | 1.20% | 3200.00 | -1.63% | +1.81% | +13.97% | -5.65% | 73 |
| EBAY Ebay Inc | 1.14% | 118.62 | -1.91% | +0.67% | +10.71% | +37.02% | 54 |
| CVNA Carvana Company Cl A | 1.06% | 71.28 | -1.00% | +20.34% | +11.86% | — | 65 |
| YUM Yum! Brands | 1.00% | 157.01 | -0.37% | +5.00% | +14.63% | +4.78% | 77 |
| CMG Chipotle Mexican Grill | 0.98% | 33.26 | +1.06% | +18.87% | +7.81% | -10.11% | 42 |
| DHI D.R. Horton | 0.97% | 145.23 | -5.03% | -1.22% | +9.01% | +1.43% | 48 |
| GRMN Garmin Ltd | 0.90% | 274.29 | +0.59% | -6.36% | -2.44% | +35.74% | 4 |
| CCL Carnival Corporation Ltd | 0.87% | 29.20 | -2.83% | +5.26% | +14.24% | -3.36% | 75 |
| TPR Tapestry Inc | 0.69% | 121.02 | +0.22% | +8.65% | +3.48% | -4.76% | 27 |
| WSM Williams-Sonoma | 0.62% | 253.70 | -2.22% | +1.30% | +6.28% | +43.07% | 35 |
| EXPE Expedia Group Inc | 0.61% | 285.77 | -4.42% | +2.77% | +9.84% | +1.30% | 50 |
| DRI Darden Restaurants | 0.57% | 219.39 | -1.54% | +2.54% | +10.74% | +21.04% | 56 |
| PHM Pultegroup | 0.55% | 126.88 | -3.36% | +4.32% | +11.32% | +8.43% | 60 |
| ULTA Ulta Beauty Inc | 0.48% | 634.89 | -0.42% | +1.28% | +16.98% | +4.94% | 85 |
| LEN Lennar Corp | 0.45% | 86.09 | -5.42% | +1.79% | +16.40% | -15.44% | 83 |
| NVR NVR Inc | 0.41% | 6024.72 | -3.84% | +3.77% | +0.91% | -17.39% | 15 |
| TSCO Tractor Supply Company | 0.38% | 35.10 | -0.59% | +8.87% | +11.71% | -28.93% | 63 |
| DECK Deckers Outdoor Corp | 0.38% | 84.09 | -1.07% | +4.41% | +4.84% | -18.89% | 31 |
| RL Ralph Lauren Corp | 0.36% | 394.40 | -0.79% | +0.81% | +7.90% | +11.84% | 44 |
| LVS Las Vegas Sands | 0.36% | 38.26 | +0.16% | +6.79% | +4.51% | -40.57% | 29 |
| BBY Best Buy Company | 0.36% | 93.87 | -2.36% | -4.70% | +7.42% | +42.39% | 40 |
| APTV Aptiv Plc | 0.34% | 41.34 | -6.53% | -5.29% | -5.81% | -45.67% | 0 |
| GPC Genuine Parts Company | 0.34% | 124.27 | -0.27% | +2.03% | -1.56% | +3.10% | 8 |
| LULU Lululemon Athletica | 0.30% | 106.95 | -0.82% | +2.26% | +14.83% | -48.53% | 79 |
| HAS Hasbro Inc | 0.26% | 117.97 | -0.33% | -0.30% | +27.70% | +46.04% | 96 |
| DPZ Domino's Pizza Inc | 0.23% | 323.09 | +0.23% | +3.54% | +8.69% | -22.10% | 46 |
| MGM MGM Resorts International | 0.22% | 31.02 | +1.51% | +10.83% | +2.82% | -14.99% | 25 |
| WYNN Wynn Resorts Ltd | 0.21% | 77.68 | +0.01% | +7.26% | +0.66% | -35.13% | 13 |
| NCLH Norwegian Cruise Ord | 0.21% | 17.42 | -2.90% | +10.60% | +17.15% | -21.95% | 90 |
| POOL Pool Corp | 0.15% | 207.25 | -3.50% | +6.34% | +30.06% | -8.18% | 98 |
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 2026-11-04: over 21 sessions the fund returned +6.26% while its median constituent returned +9.42% — a dispersion of 7.71 pp; 65% of 48 members beat the fund. Broad advance - breadth is rising with price.
How did XLY's members trade in the last session?
As of 2026-11-04: fund -0.70%, median member -1.19%, 12 advancers vs 36 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 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.