Constituent dispersion · breadth vs the index
AIQ — Global X AI & Technology
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 | -1.39% | +0.08 | +9pp | +1.06pp | Improving |
| 1 month | +3.03% | +0.48 | -7pp | -2.05pp | Confirming ↑ |
| 1 quarter | +6.39% | -0.24 | -11pp | -4.20pp | Weakening |
Over the last 126 sessions: price up +27.19%, breadth up (+0.88/name) · % beating 33→45 · median−ETF -6.81pp→-1.62pp.
Stocks above their moving average — participation breadth
Of the 66 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 2026-10-12.
New highs & new lows — by horizon
How many of the 66 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 | 20 (30%) | 21 (32%) | -1 |
| 1-Month | 11 (17%) | 5 (8%) | +6 |
| 3-Month | 8 (12%) | 3 (5%) | +5 |
| 6-Month | 6 (9%) | 3 (5%) | +3 |
| 52-Week | 4 (6%) | 2 (3%) | +2 |
| YTD | 4 (6%) | 2 (3%) | +2 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -1.02% | -1.15% | -0.12pp | 24 / 42 | 32 / 34 | 18 of 66 | ±2.81% |
| 5d | -1.39% | +1.71% | +3.10pp | 38 / 28 | 43 / 23 | 3 of 66 | ±6.72% |
| 21d | +3.03% | +1.39% | -1.64pp | 37 / 29 | 29 / 37 | 5 of 66 | ±13.35% |
| YTD | +29.61% | +0.59% | -29.03pp | 34 / 32 | 17 / 49 | 0 of 66 | ±68.98% |
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)
- ORCL+4.59%+0.12pp
- META+3.38%+0.07pp
- SHOP+4.90%+0.05pp
- AAPL+1.29%+0.04pp
- CRM+2.09%+0.03pp
- MU-3.88%-0.24pp
- INTC-3.20%-0.15pp
- AMD-2.28%-0.11pp
- CSCO-2.58%-0.1pp
- TSM-1.98%-0.06pp
This month (21d)
- AMD+15.13%+0.76pp
- PLTR+24.98%+0.48pp
- SHOP+39.16%+0.4pp
- META+14.74%+0.32pp
- MRVL+12.60%+0.23pp
- NFLX-8.77%-0.21pp
- ORCL-7.55%-0.19pp
- APP-16.39%-0.19pp
- STX-9.27%-0.14pp
- IBM-6.69%-0.13pp
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)
- SHOP+39.16%
- ZS+37.22%
- OKTA+36.38%
- DDOG+29.87%
- DT+27.77%
- SOUN-20.61%
- APP-16.39%
- HUT-13.55%
- PONY-13.49%
- QUBT-13.27%
AIQ — constituent leadership race
$100 in each covered AIQ constituent at 2025-12-30, 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 — 66 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| MU Micron Technology | 6.15% | 989.04 | -3.88% | -7.04% | +1.41% | +246.68% | 50 |
| AMD Adv Micro Devices | 5.02% | 594.24 | -2.28% | -5.94% | +15.13% | +177.47% | 83 |
| INTC Intel Corp | 4.79% | 101.35 | -3.20% | -12.77% | -1.54% | +174.66% | 39 |
| CSCO Cisco Systems Inc | 4.05% | 115.34 | -2.58% | +2.23% | +2.86% | +51.35% | 55 |
| TSM Taiwan Semiconductor ADR | 3.22% | 444.35 | -1.98% | -8.53% | +2.84% | +46.55% | 53 |
| AAPL Apple Inc | 2.92% | 340.97 | +1.29% | +2.43% | +2.62% | +25.54% | 52 |
| AVGO Broadcom Ltd | 2.92% | 354.73 | -1.88% | -2.15% | -1.83% | +2.71% | 38 |
| NVDA Nvidia Corp | 2.76% | 226.32 | -1.29% | -5.27% | +3.68% | +21.50% | 58 |
| GOOGL Alphabet Cl A | 2.71% | 352.72 | +0.30% | +1.80% | +4.20% | +12.77% | 59 |
| ORCL Oracle Corp | 2.57% | 141.40 | +4.59% | -0.26% | -7.55% | -27.01% | 18 |
| AMZN Amazon.com Inc | 2.53% | 259.53 | -1.11% | +3.23% | +1.07% | +12.44% | 45 |
| NFLX Netflix Inc | 2.39% | 70.61 | +0.44% | +4.61% | -8.77% | -24.69% | 15 |
| TSLA Tesla Inc | 2.25% | 378.03 | -1.22% | -0.18% | +3.45% | -15.94% | 56 |
| META META Platforms Inc | 2.17% | 742.96 | +3.38% | +0.14% | +14.74% | +12.65% | 80 |
| MSFT Microsoft Corp | 2.15% | 541.15 | +1.14% | +3.04% | +9.18% | +12.15% | 67 |
| IBM Intl Business Machines | 1.96% | 227.02 | -0.05% | +2.46% | -6.69% | -22.92% | 20 |
| PLTR Palantir Technologies Cl A | 1.92% | 209.00 | -0.02% | +10.35% | +24.98% | +17.58% | 89 |
| MRVL Marvell Technology Inc | 1.83% | 265.86 | -3.42% | -1.97% | +12.60% | +213.23% | 77 |
| QCOM Qualcomm Inc | 1.75% | 174.43 | -0.61% | -3.52% | -4.14% | +2.63% | 27 |
| BABA Alibaba Group Holding ADR | 1.58% | 110.78 | -0.53% | -0.02% | +1.35% | -24.42% | 47 |
| STX Seagate Technology Holdings | 1.53% | 753.25 | -3.80% | -15.09% | -9.27% | +174.00% | 12 |
| SAP SAP Ag ADR | 1.44% | 217.85 | +1.43% | +4.87% | +5.57% | -10.32% | 61 |
| CRM Salesforce Inc | 1.20% | 233.92 | +2.09% | +1.80% | -5.40% | -11.48% | 23 |
| APP Applovin Corp Cl A | 1.18% | 270.87 | -2.23% | -3.94% | -16.39% | -59.80% | 2 |
| UBER UBER Technologies Inc | 1.10% | 71.50 | -0.01% | +2.91% | -0.24% | -12.50% | 42 |
| SHOP Shopify Inc | 1.02% | 179.22 | +4.90% | +11.94% | +39.16% | +11.34% | 98 |
| NOW Servicenow Inc | 0.82% | 140.32 | -0.38% | +3.12% | +5.88% | -8.40% | 62 |
| ACN Accenture Plc | 0.81% | 214.87 | +2.78% | +10.16% | +16.84% | -18.76% | 85 |
| CDNS Cadence Design Sys | 0.81% | 348.42 | -1.25% | -1.43% | +20.41% | +11.47% | 86 |
| SNPS Synopsys Inc | 0.67% | 502.51 | -1.47% | +2.87% | +26.46% | +6.98% | 91 |
| NOK Nokia Corp ADR | 0.66% | 9.90 | -4.44% | -2.94% | -11.05% | +54.11% | 9 |
| ADBE Adobe Systems Inc | 0.65% | 238.14 | -1.70% | -0.27% | -5.59% | -31.96% | 21 |
| SNOW Snowflake Inc Cl A | 0.61% | 360.37 | -2.31% | +6.31% | +9.54% | +64.28% | 68 |
| NXPI Nxp Semiconductors | 0.59% | 225.21 | -1.02% | -6.93% | -4.39% | +4.29% | 26 |
| DDOG Datadog Inc Cl A | 0.58% | 287.29 | -2.04% | +3.93% | +29.87% | +111.26% | 94 |
| HPE Hewlett Packard Enterprise | 0.56% | 70.33 | -4.26% | +2.88% | +13.56% | +194.69% | 79 |
| HUT Hut 8 Corp | 0.54% | 85.24 | +1.15% | -4.51% | -13.55% | +85.55% | 3 |
| TWLO Twilio | 0.40% | 282.66 | -2.35% | -6.06% | +24.33% | +98.72% | 88 |
| CLS Celestica Inc | 0.35% | 347.50 | -4.05% | -9.20% | +0.27% | +17.55% | 44 |
| OKTA Okta Inc Cl A | 0.32% | 227.08 | -2.18% | +4.03% | +36.38% | +162.61% | 95 |
| ERIC Ericsson ADR | 0.32% | 9.37 | -1.99% | +1.63% | -9.12% | -1.47% | 14 |
| CRWV Coreweave Inc Cl A | 0.30% | 80.26 | -2.22% | -8.16% | -9.81% | +12.08% | 11 |
| TDC Teradata Corp | 0.28% | 30.68 | +0.29% | +2.57% | +10.20% | +0.79% | 74 |
| TRI Thomson Reuters Corp | 0.27% | 104.25 | +1.01% | +7.39% | +7.09% | -19.19% | 65 |
| BIDU Baidu Inc ADR | 0.25% | 84.30 | -1.21% | -3.09% | -7.77% | -35.48% | 17 |
| DT Dynatrace Inc | 0.25% | 65.25 | +2.76% | +8.37% | +27.77% | +50.55% | 92 |
| AMBA Ambarella Inc | 0.24% | 64.81 | -3.89% | -5.05% | -4.49% | -8.51% | 24 |
| EXPN.LN Experian Plc | 0.24% | 2698.00 | +0.60% | +9.41% | -3.02% | -19.40% | 35 |
| SMCI Super Micro Computer | 0.23% | 39.98 | -4.49% | -7.43% | -0.30% | +36.59% | 41 |
| GEHC GE Healthcare Technologies | 0.23% | 67.74 | +3.04% | +3.04% | +5.96% | -17.34% | 64 |
| ZBRA Zebra Technologies | 0.23% | 388.12 | +0.24% | +3.32% | +10.77% | +59.84% | 76 |
| QUBT Quantum Computing Inc | 0.21% | 6.93 | -6.85% | -12.72% | -13.27% | -32.46% | 6 |
| AI C3.Ai Inc Cl A | 0.21% | 11.61 | +0.69% | +4.69% | +10.15% | -13.87% | 71 |
| WDAY Workday Inc | 0.21% | 188.25 | +0.89% | -0.38% | +1.37% | -12.35% | 48 |
| EFX Equifax Inc | 0.19% | 147.33 | +1.06% | +3.32% | -12.82% | -31.68% | 8 |
| PATH Uipath Inc Cl A | 0.17% | 13.32 | -1.19% | +1.22% | -3.13% | -18.73% | 33 |
| G Genpact Ltd | 0.17% | 34.35 | -0.15% | +2.48% | -2.25% | -26.21% | 36 |
| SNAP Snap Inc | 0.17% | 6.53 | +4.82% | +16.40% | +14.96% | -19.08% | 82 |
| ZS Zscaler Inc | 0.16% | 225.78 | -3.40% | +11.88% | +37.22% | +0.38% | 97 |
| SOUN Soundhound AI Inc Cl A | 0.16% | 4.97 | -7.79% | -15.48% | -20.61% | -50.15% | 0 |
| PEGA Pegasystems Inc | 0.16% | 34.91 | -2.08% | +1.10% | -3.67% | -41.47% | 29 |
| DXC Dxc Technology Company | 0.15% | 12.54 | +1.13% | +7.55% | +10.10% | -14.40% | 70 |
| GLOB Globant S.A. | 0.14% | 36.43 | +0.30% | +1.90% | -3.50% | -44.27% | 30 |
| WIX Wix.com Ltd | 0.14% | 74.17 | -3.12% | +0.15% | -3.15% | -28.61% | 32 |
| CCC CCC Intelligent Solutions Hldgs Inc | 0.14% | 7.59 | +8.12% | +15.35% | +10.16% | -4.53% | 73 |
| PONY Pony AI Inc ADR | 0.12% | 5.74 | -4.97% | -6.06% | -13.49% | -60.41% | 5 |
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
AIQ dispersion — data Q&A
Is AIQ's move broad or carried by a few names (21 sessions)?
As of 2026-10-13: over 21 sessions the fund returned +3.03% while its median constituent returned +1.39% — a dispersion of 13.35 pp; 44% of 66 members beat the fund. Broad advance - breadth is rising with price.
How did AIQ's members trade in the last session?
As of 2026-10-13: fund -1.02%, median member -1.15%, 24 advancers vs 42 decliners.
What does the dispersion page for AIQ 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. 66 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.