Constituent dispersion · breadth vs the index
IXN — iShares Global Tech
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 | -1.38% | +0.2 | +3pp | +1.51pp | Improving |
| 1 month | +6.38% | +2 | +18pp | +4.15pp | Confirming ↑ |
| 1 quarter | +9.64% | +1.41 | +10pp | +1.94pp | Confirming ↑ |
Over the last 126 sessions: price up +36.34%, breadth up (+5.22/name) · % beating 41→49 · median−ETF -4.49pp→-0.59pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.50% | +0.80% | +0.30pp | 58 / 29 | 51 / 36 | 32 of 87 | ±2.32% |
| 5d | -1.38% | +1.18% | +2.56pp | 51 / 36 | 56 / 31 | 10 of 87 | ±6.71% |
| 21d | +6.38% | +5.72% | -0.66pp | 64 / 23 | 42 / 45 | 9 of 87 | ±13.15% |
| YTD | +42.70% | +22.51% | -20.19pp | 59 / 28 | 36 / 51 | 2 of 87 | ±93.52% |
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)
- MSFT+2.38%+0.18pp
- PLTR+5.17%+0.07pp
- CSCO+3.05%+0.06pp
- ORCL+4.21%+0.06pp
- PANW+5.09%+0.04pp
- AAPL-1.11%-0.12pp
- NVDA-0.52%-0.07pp
- AMD-2.03%-0.06pp
- INTC-2.22%-0.05pp
- MU-0.66%-0.02pp
This month (21d)
- MSFT+8.66%+0.66pp
- AMD+20.75%+0.66pp
- NVDA+5.00%+0.66pp
- PLTR+26.04%+0.35pp
- AAPL+3.08%+0.34pp
- ORCL-7.55%-0.11pp
- WDC-13.81%-0.1pp
- STX-9.20%-0.07pp
- APP-11.91%-0.07pp
- SNDK-6.54%-0.06pp
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)
- PTC+51.06%
- SHOP+34.95%
- CIEN+34.44%
- HPE+33.37%
- DDOG+32.27%
- FICO-30.51%
- GEN-22.42%
- FSLR-14.17%
- WDC-13.81%
- APP-11.91%
IXN — constituent leadership race
$100 in each covered IXN 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 — 87 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| NVDA Nvidia Corp | 13.10% | 229.28 | -0.52% | -2.00% | +5.00% | +23.09% | 43 |
| AAPL Apple Inc | 11.00% | 336.64 | -1.11% | +0.88% | +3.08% | +23.94% | 38 |
| MSFT Microsoft Corp | 7.64% | 535.07 | +2.38% | +3.39% | +8.66% | +10.89% | 59 |
| AVGO Broadcom Ltd | 4.83% | 361.54 | +0.39% | +1.80% | +0.20% | +4.68% | 28 |
| MU Micron Technology | 3.72% | 1029.00 | -0.66% | -4.27% | +5.28% | +260.69% | 45 |
| AMD Adv Micro Devices | 3.18% | 608.10 | -2.03% | -4.07% | +20.75% | +183.95% | 85 |
| ASML ASML Holdings NY Reg ADR | 2.62% | 1780.34 | +0.60% | -4.66% | +5.51% | +66.99% | 47 |
| INTC Intel Corp | 2.41% | 104.70 | -2.22% | -12.26% | +4.37% | +183.74% | 40 |
| CSCO Cisco Systems Inc | 2.03% | 118.39 | +3.05% | +5.52% | +10.19% | +55.35% | 64 |
| LRCX Lam Research Corp | 1.64% | 318.84 | -0.55% | -8.24% | +6.99% | +86.61% | 55 |
| AMAT Applied Materials | 1.47% | 507.03 | -0.50% | -6.11% | +11.68% | +97.54% | 70 |
| ORCL Oracle Corp | 1.40% | 141.40 | +4.21% | -0.63% | -7.55% | -27.01% | 8 |
| PLTR Palantir Technologies Cl A | 1.36% | 209.05 | +5.17% | +10.75% | +26.04% | +17.61% | 90 |
| TXN Texas Instruments | 1.17% | 283.74 | -1.55% | -3.42% | +9.63% | +64.62% | 63 |
| KLAC K L A-Tencor Corp | 1.05% | 195.57 | -0.58% | -5.47% | +10.38% | +61.55% | 66 |
| IBM Intl Business Machines | 1.02% | 227.13 | +0.23% | +2.02% | -2.94% | -22.88% | 16 |
| SNDK Sandisk Corp | 0.99% | 1581.82 | -1.72% | -8.03% | -6.54% | +566.37% | 9 |
| QCOM Qualcomm Inc | 0.99% | 175.50 | -0.29% | -5.07% | -0.78% | +3.26% | 22 |
| PANW Palo Alto Networks | 0.88% | 418.78 | +5.09% | +3.85% | +23.72% | +127.35% | 87 |
| ADI Analog Devices | 0.81% | 406.19 | +0.06% | -2.63% | +12.44% | +50.24% | 74 |
| SAP SAP Ag ADR | 0.77% | 214.78 | +1.12% | +2.98% | +4.29% | -11.58% | 39 |
| STX Seagate Technology Holdings | 0.77% | 783.00 | +1.05% | -7.77% | -9.20% | +184.82% | 6 |
| CRM Salesforce Inc | 0.72% | 229.13 | +0.58% | -2.37% | -5.54% | -13.29% | 11 |
| WDC Western Digital Corp | 0.71% | 397.28 | +1.01% | -4.34% | -13.81% | +130.73% | 3 |
| CRWD Crowdstrike Holdings | 0.71% | 275.04 | +4.57% | +1.85% | +31.69% | +134.70% | 93 |
| APH Amphenol Corp | 0.67% | 87.24 | +2.25% | +0.32% | +8.71% | +29.56% | 60 |
| ANET Arista Networks Inc | 0.66% | 216.74 | +2.73% | +4.53% | +14.68% | +65.41% | 77 |
| GLW Corning Inc | 0.65% | 156.68 | +2.52% | -4.57% | -3.95% | +79.27% | 14 |
| APP Applovin Corp Cl A | 0.57% | 277.04 | -1.10% | +3.29% | -11.91% | -58.89% | 5 |
| SHOP Shopify Inc | 0.56% | 170.85 | +3.82% | +12.85% | +34.95% | +6.14% | 98 |
| ACN Accenture Plc | 0.47% | 209.06 | +0.34% | +5.11% | +17.51% | -20.96% | 80 |
| NOW Servicenow Inc | 0.45% | 140.86 | +0.79% | +4.82% | +7.39% | -8.05% | 56 |
| IFX INFINEON TECHNOLOGIES AG | 0.45% | 58.86 | -0.07% | -8.94% | +5.48% | +57.20% | 46 |
| ADBE Adobe Systems Inc | 0.43% | 242.27 | +0.51% | +1.93% | -2.64% | -30.78% | 17 |
| CDNS Cadence Design Sys | 0.42% | 352.84 | +1.15% | +0.42% | +23.83% | +12.88% | 89 |
| SNPS Synopsys Inc | 0.42% | 509.99 | +2.46% | +4.10% | +28.41% | +8.57% | 91 |
| INTU Intuit Inc | 0.37% | 302.75 | -0.37% | +8.21% | -3.20% | -54.07% | 15 |
| CIEN Ciena Corp | 0.36% | 449.77 | +5.60% | +14.93% | +34.44% | +92.32% | 97 |
| FTNT Fortinet Inc | 0.36% | 194.75 | +2.99% | +7.63% | +22.60% | +145.25% | 86 |
| MPWR Monolithic Power Sys | 0.33% | 1386.29 | +1.20% | -3.71% | +16.88% | +53.26% | 79 |
| NOKIA NOKIA | 0.33% | 104.25 | +2.36% | -1.79% | +0.53% | +74.68% | 29 |
| NXPI Nxp Semiconductors | 0.33% | 227.52 | -1.54% | -6.62% | +0.92% | +5.36% | 31 |
| DELL Dell Technologies Inc | 0.33% | 586.06 | +2.00% | +4.18% | +15.68% | +369.05% | 78 |
| DDOG Datadog Inc Cl A | 0.31% | 293.26 | +7.11% | +5.79% | +32.27% | +115.65% | 94 |
| COHR Coherent Corp | 0.31% | 312.62 | +3.40% | -7.25% | +6.63% | +69.38% | 52 |
| LITE Lumentum Holdings | 0.30% | 1103.36 | +5.22% | +1.65% | +17.92% | +199.34% | 83 |
| MSI Motorola Solutions | 0.29% | 444.18 | -0.66% | -0.72% | -4.00% | +16.18% | 13 |
| TEL Te Connectivity Ltd | 0.26% | 218.29 | +1.86% | -0.94% | +6.68% | -3.39% | 53 |
| KEYS Keysight Technologies | 0.25% | 382.75 | +2.16% | -0.49% | +17.53% | +88.37% | 82 |
| TER Teradyne Inc | 0.24% | 402.68 | +0.99% | -10.32% | +8.78% | +108.13% | 61 |
| ADSK Autodesk Inc | 0.22% | 235.35 | +0.75% | +11.01% | +11.22% | -20.49% | 68 |
| MCHP Microchip Technology | 0.21% | 75.55 | +0.04% | -7.10% | +5.55% | +19.26% | 48 |
| HPE Hewlett Packard Enterprise | 0.20% | 73.46 | +3.46% | +5.96% | +33.37% | +207.80% | 95 |
| ON On Semiconductor | 0.19% | 77.53 | -2.37% | -8.67% | +10.49% | +43.18% | 67 |
| CLS Celestica Inc | 0.18% | 362.16 | +1.58% | -6.50% | +11.36% | +22.51% | 69 |
| JBL Jabil Circuit | 0.16% | 306.28 | +2.38% | +0.61% | +1.15% | +34.39% | 32 |
| ROP Roper Industries | 0.15% | 364.09 | -0.04% | +2.76% | -6.30% | -17.83% | 10 |
| Q Qnity Electronics Inc | 0.14% | 126.60 | -0.06% | -3.71% | +2.66% | +55.23% | 36 |
| FICO Fair Isaac and Company | 0.13% | 667.58 | -5.63% | +0.96% | -30.51% | -60.51% | 0 |
| TDY Teledyne Technologies | 0.12% | 613.66 | +1.46% | -0.57% | +2.88% | +20.15% | 37 |
| FSLR First Solar Inc | 0.12% | 177.82 | -0.58% | +1.84% | -14.17% | -31.93% | 2 |
| WDAY Workday Inc | 0.11% | 186.59 | -0.65% | +0.24% | +0.81% | -13.13% | 30 |
| VRSN Verisign Inc | 0.11% | 303.74 | +2.00% | +5.35% | +5.15% | +25.82% | 44 |
| CTSH Cognizant Tech Sol | 0.11% | 59.20 | -1.35% | +1.18% | +1.51% | -28.31% | 33 |
| NTAP Netapp Inc | 0.11% | 237.15 | +2.87% | +5.04% | +29.17% | +123.67% | 92 |
| HLMA HALMA PLC | 0.10% | 3528.00 | +0.80% | -2.00% | -1.67% | -0.28% | 20 |
| FFIV F5 Inc | 0.09% | 479.83 | +3.94% | +5.68% | +20.42% | +87.98% | 84 |
| AKAM Akamai Technologies | 0.09% | 106.95 | +6.00% | -1.81% | -0.17% | +22.58% | 25 |
| HPQ HP Inc | 0.09% | 32.44 | +0.62% | +0.90% | +0.15% | +47.96% | 26 |
| CAP Capitol Investment Corp V Cl A | 0.08% | 115.05 | +3.79% | +5.65% | +13.35% | -19.12% | 76 |
| PTC Ptc Inc | 0.08% | 194.45 | +0.37% | +35.01% | +51.06% | +11.62% | 99 |
| SMCI Super Micro Computer | 0.07% | 41.86 | -2.14% | -4.20% | +11.97% | +43.00% | 71 |
| DSY Big Tree Cloud Holdings Limited | 0.07% | 21.75 | +0.74% | +5.43% | +6.72% | -8.77% | 54 |
| LOGN Logansport Financial Corp | 0.06% | 81.98 | -2.54% | -5.12% | +1.84% | +0.54% | 34 |
| CDW CDW Corp | 0.06% | 142.17 | +1.64% | +6.66% | -0.30% | +5.53% | 24 |
| GEN Gen Digital Inc | 0.06% | 23.25 | +2.20% | +5.73% | -22.42% | -13.57% | 1 |
| TRMB Trimble Navigation | 0.06% | 60.09 | +0.40% | +4.47% | +5.72% | -23.31% | 49 |
| TYL Tyler Technologies | 0.06% | 329.55 | -0.48% | +2.09% | -1.77% | -27.40% | 18 |
| GDDY Godaddy Inc | 0.05% | 104.35 | +1.12% | +7.34% | +8.28% | -15.90% | 57 |
| ZBRA Zebra Technologies | 0.05% | 387.18 | +1.32% | +3.01% | +12.55% | +59.45% | 75 |
| SGE Strong Global Entertainment Cl A | 0.05% | 1071.50 | +4.28% | +8.96% | +9.36% | +1.23% | 62 |
| IT Gartner Inc | 0.05% | 191.15 | -2.18% | +3.44% | +12.03% | -24.23% | 72 |
| SWKS Skyworks Solutions | 0.05% | 76.35 | -5.45% | -10.21% | -9.14% | +22.90% | 7 |
| NXT Nextpower Inc | 0.03% | 86.11 | +1.00% | +2.15% | +5.85% | -1.15% | 51 |
| OTEX Open Text Corp | 0.03% | 23.70 | +1.96% | +6.64% | +4.80% | -25.62% | 41 |
| EPAM Epam Systems Inc | 0.02% | 113.24 | -0.54% | +4.57% | -1.12% | -44.73% | 21 |
| TEMN TEMENOS AG | 0.02% | 69.10 | +2.52% | +4.62% | -0.43% | -13.19% | 23 |
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
IXN dispersion — data Q&A
Is IXN's move broad or carried by a few names (21 sessions)?
As of 2026-10-09: over 21 sessions the fund returned +6.38% while its median constituent returned +5.72% — a dispersion of 13.15 pp; 48% of 87 members beat the fund. Broad advance - breadth is rising with price.
How did IXN's members trade in the last session?
As of 2026-10-09: fund +0.50%, median member +0.80%, 58 advancers vs 29 decliners.
What does the dispersion page for IXN 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. 87 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.