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 | +4.46% | -0.35 | -6pp | -7.44pp | Weakening |
| 1 month | +10.60% | -0.97 | -6pp | -4.43pp | Weakening |
| 1 quarter | +36.89% | +2.09 | -20pp | -12.72pp | Confirming ↑ |
Over the last 126 sessions: price up +36.52%, breadth down (-0.97/name) · % beating 51→24 · median−ETF +0.03pp→-14.10pp.
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 2026-06-18.
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 | 10 (15%) | 25 (38%) | -15 |
| 1-Month | 4 (6%) | 17 (26%) | -13 |
| 3-Month | 4 (6%) | 9 (14%) | -5 |
| 6-Month | 4 (6%) | 9 (14%) | -5 |
| 52-Week | 4 (6%) | 8 (13%) | -4 |
| YTD | 4 (6%) | 9 (14%) | -5 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +3.84% | +0.39% | -3.45pp | 38 / 28 | 14 / 52 | 5 of 66 | ±4.53% |
| 5d | +4.46% | -1.87% | -6.32pp | 29 / 37 | 13 / 53 | 1 of 66 | ±8.15% |
| 21d | +10.60% | -3.50% | -14.10pp | 27 / 39 | 16 / 50 | 1 of 66 | ±20.34% |
| YTD | +31.34% | -7.91% | -39.25pp | 28 / 38 | 15 / 51 | 1 of 66 | ±81.67% |
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)
- MU+8.70%+0.54pp
- INTC+10.64%+0.51pp
- AMD+4.86%+0.24pp
- TSM+6.94%+0.22pp
- AVGO+4.70%+0.14pp
- ACN-17.97%-0.15pp
- IBM-5.05%-0.1pp
- SAP-2.25%-0.03pp
- PLTR-1.65%-0.03pp
- CRM-2.09%-0.03pp
This month (21d)
- MU+62.29%+3.83pp
- AMD+29.78%+1.5pp
- MRVL+76.20%+1.39pp
- INTC+20.93%+1pp
- STX+45.94%+0.7pp
- BABA-21.04%-0.33pp
- NFLX-13.38%-0.32pp
- ACN-27.61%-0.22pp
- MSFT-8.91%-0.19pp
- SAP-13.19%-0.19pp
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)
- MRVL+76.20%
- MU+62.29%
- STX+45.94%
- HPE+45.34%
- OKTA+37.47%
- ZS-28.76%
- ACN-27.61%
- GLOB-23.63%
- ADBE-23.46%
- BABA-21.04%
AIQ — constituent leadership race
$100 in each covered AIQ constituent at 2025-12-16, 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% | 1133.99 | +8.70% | +13.87% | +62.29% | +297.49% | 97 |
| AMD Adv Micro Devices | 5.02% | 537.37 | +4.86% | +10.02% | +29.78% | +150.92% | 88 |
| INTC Intel Corp | 4.79% | 133.99 | +10.64% | +14.56% | +20.93% | +263.12% | 86 |
| CSCO Cisco Systems Inc | 4.05% | 119.54 | +1.88% | -1.88% | +3.61% | +56.86% | 67 |
| TSM Taiwan Semiconductor ADR | 3.22% | 462.12 | +6.94% | +9.75% | +17.70% | +52.41% | 83 |
| AAPL Apple Inc | 2.92% | 298.01 | +0.70% | +0.81% | -0.32% | +9.72% | 58 |
| AVGO Broadcom Ltd | 2.92% | 411.35 | +4.70% | +6.69% | +0.07% | +19.10% | 61 |
| NVDA Nvidia Corp | 2.76% | 210.69 | +2.95% | +2.84% | -4.50% | +12.98% | 42 |
| GOOGL Alphabet Cl A | 2.71% | 368.03 | +1.17% | +2.87% | -5.06% | +17.66% | 36 |
| ORCL Oracle Corp | 2.57% | 184.29 | +0.41% | +0.10% | +1.56% | -4.87% | 65 |
| AMZN Amazon.com Inc | 2.53% | 244.39 | +2.90% | +1.19% | -5.76% | +5.88% | 33 |
| NFLX Netflix Inc | 2.39% | 77.38 | +0.55% | -4.79% | -13.38% | -17.47% | 15 |
| TSLA Tesla Inc | 2.25% | 400.49 | +1.04% | +0.34% | -0.90% | -10.95% | 56 |
| META META Platforms Inc | 2.17% | 577.22 | +1.70% | +1.64% | -4.21% | -12.48% | 45 |
| MSFT Microsoft Corp | 2.15% | 379.40 | +0.13% | -2.80% | -8.91% | -21.37% | 26 |
| IBM Intl Business Machines | 1.96% | 249.10 | -5.05% | -9.37% | +12.04% | -15.42% | 76 |
| PLTR Palantir Technologies Cl A | 1.92% | 128.47 | -1.65% | -1.99% | -5.02% | -27.72% | 38 |
| MRVL Marvell Technology Inc | 1.83% | 310.58 | +7.27% | +10.64% | +76.20% | +265.92% | 98 |
| QCOM Qualcomm Inc | 1.75% | 226.11 | +6.17% | +11.41% | +15.59% | +33.04% | 79 |
| BABA Alibaba Group Holding ADR | 1.58% | 107.10 | -0.32% | -4.96% | -21.04% | -26.93% | 6 |
| STX Seagate Technology Holdings | 1.53% | 1070.23 | +0.39% | +23.29% | +45.94% | +289.30% | 95 |
| SAP SAP Ag ADR | 1.44% | 155.22 | -2.25% | -5.15% | -13.19% | -36.10% | 17 |
| CRM Salesforce Inc | 1.20% | 151.78 | -2.09% | -8.81% | -15.41% | -42.56% | 14 |
| APP Applovin Corp Cl A | 1.18% | 469.71 | -2.04% | -1.85% | -1.51% | -30.29% | 53 |
| UBER UBER Technologies Inc | 1.10% | 71.64 | +1.03% | +3.01% | -3.31% | -12.32% | 50 |
| SHOP Shopify Inc | 1.02% | 108.85 | +0.70% | -1.47% | +7.76% | -32.38% | 73 |
| NOW Servicenow Inc | 0.82% | 95.04 | -0.46% | -7.80% | -6.67% | -37.96% | 32 |
| ACN Accenture Plc | 0.81% | 127.98 | -17.97% | -23.60% | -27.61% | -51.61% | 2 |
| CDNS Cadence Design Sys | 0.81% | 387.39 | -0.57% | +0.95% | +14.57% | +23.93% | 77 |
| SNPS Synopsys Inc | 0.67% | 455.51 | -1.35% | -0.17% | -7.77% | -3.03% | 29 |
| NOK Nokia Corp ADR | 0.66% | 13.49 | -2.46% | -4.26% | -1.32% | +110.00% | 55 |
| ADBE Adobe Systems Inc | 0.65% | 195.16 | -0.57% | -10.80% | -23.46% | -44.24% | 5 |
| SNOW Snowflake Inc Cl A | 0.61% | 232.29 | -0.95% | -3.37% | +37.00% | +5.89% | 91 |
| NXPI Nxp Semiconductors | 0.59% | 313.27 | +5.05% | +3.54% | +6.45% | +45.07% | 71 |
| DDOG Datadog Inc Cl A | 0.58% | 223.00 | -1.60% | -4.80% | +3.65% | +63.98% | 68 |
| HPE Hewlett Packard Enterprise | 0.56% | 47.41 | -1.64% | +1.60% | +45.34% | +98.65% | 94 |
| HUT Hut 8 Corp | 0.54% | 124.44 | +4.68% | +6.99% | +33.36% | +170.88% | 89 |
| TWLO Twilio | 0.40% | 186.17 | -1.03% | -9.90% | -4.99% | +30.88% | 39 |
| CLS Celestica Inc | 0.35% | 372.55 | -2.06% | -3.45% | +9.85% | +26.03% | 74 |
| OKTA Okta Inc Cl A | 0.32% | 117.81 | +4.23% | +0.26% | +37.47% | +36.24% | 92 |
| ERIC Ericsson ADR | 0.32% | 11.38 | -0.09% | -6.26% | -10.95% | +19.66% | 18 |
| CRWV Coreweave Inc Cl A | 0.30% | 117.95 | +2.38% | +23.20% | +18.17% | +64.71% | 85 |
| TDC Teradata Corp | 0.28% | 30.88 | -2.71% | -5.85% | -5.42% | +1.45% | 35 |
| TRI Thomson Reuters Corp | 0.27% | 78.58 | -0.85% | -2.08% | -9.36% | -39.09% | 24 |
| BIDU Baidu Inc ADR | 0.25% | 111.76 | +0.13% | -3.75% | -18.83% | -14.47% | 9 |
| DT Dynatrace Inc | 0.25% | 41.42 | +0.41% | +2.60% | +3.65% | -4.43% | 70 |
| AMBA Ambarella Inc | 0.24% | 69.97 | +6.21% | +6.34% | -8.76% | -1.23% | 27 |
| EXPN.LN Experian Plc | 0.24% | 2509.00 | -1.92% | +0.48% | -7.42% | -25.05% | 30 |
| SMCI Super Micro Computer | 0.23% | 30.66 | +10.37% | -4.10% | +0.33% | +4.75% | 64 |
| GEHC GE Healthcare Technologies | 0.23% | 61.59 | +0.72% | -4.53% | +0.02% | -24.84% | 59 |
| ZBRA Zebra Technologies | 0.23% | 235.98 | +1.29% | +6.09% | -4.52% | -2.82% | 41 |
| QUBT Quantum Computing Inc | 0.21% | 10.76 | +10.13% | +8.58% | +16.70% | +4.87% | 82 |
| AI C3.Ai Inc Cl A | 0.21% | 10.30 | +0.10% | -8.61% | +16.65% | -23.59% | 80 |
| WDAY Workday Inc | 0.21% | 116.93 | -4.02% | -10.42% | -9.59% | -45.56% | 23 |
| EFX Equifax Inc | 0.19% | 153.93 | -0.59% | -3.54% | -3.96% | -28.62% | 47 |
| PATH Uipath Inc Cl A | 0.17% | 10.27 | +0.39% | -3.57% | -2.65% | -37.34% | 52 |
| G Genpact Ltd | 0.17% | 28.25 | -6.80% | -11.41% | -10.80% | -39.31% | 20 |
| SNAP Snap Inc | 0.17% | 4.66 | -1.69% | -12.57% | -16.04% | -42.26% | 11 |
| ZS Zscaler Inc | 0.16% | 124.85 | +0.38% | -1.00% | -28.76% | -44.49% | 0 |
| SOUN Soundhound AI Inc Cl A | 0.16% | 7.12 | +2.30% | +1.71% | -15.74% | -28.59% | 12 |
| PEGA Pegasystems Inc | 0.16% | 30.09 | -0.46% | -8.29% | -10.18% | -49.55% | 21 |
| DXC Dxc Technology Company | 0.15% | 8.60 | -4.12% | -2.49% | -3.70% | -41.30% | 48 |
| GLOB Globant S.A. | 0.14% | 30.74 | -11.18% | -15.60% | -23.63% | -52.98% | 3 |
| WIX Wix.com Ltd | 0.14% | 42.49 | +1.05% | -3.59% | -20.46% | -59.10% | 8 |
| CCC CCC Intelligent Solutions Hldgs Inc | 0.14% | 4.41 | +0.46% | -4.13% | -4.34% | -44.53% | 44 |
| PONY Pony AI Inc ADR | 0.12% | 8.34 | +5.04% | +0.48% | +0.24% | -42.48% | 62 |
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.