Constituent dispersion · breadth vs the index
IXN — iShares Global Tech
Concentration 49.47% in top 5 15.13 effective names · HHI 661
RS vs S&P 500 21d +10.87pp sector return − SPY
RS vs Nasdaq-100 21d +7.07pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +12.64% · A/D +32 (+0.37/name)
IXN price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections
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 | +5.30% | +0.33 | -14pp | -3.08pp | Confirming ↑ |
| 1 month | +12.64% | +0.37 | -1pp | -0.67pp | Confirming ↑ |
| 1 quarter | +40.54% | +5.27 | -26pp | -9.95pp | Confirming ↑ |
Over the last 126 sessions: price up +45.49%, breadth up (+6.92/name) · % beating 48→29 · median−ETF -0.63pp→-9.01pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +3.75% | +0.69% | -3.06pp | 53 / 33 | 22 / 64 | 10 of 86 | ±4.89% |
| 5d | +5.29% | -0.37% | -5.66pp | 39 / 47 | 23 / 63 | 5 of 86 | ±8.88% |
| 21d | +12.64% | +3.65% | -8.99pp | 50 / 35 | 25 / 60 | 5 of 85 | ±21.78% |
| YTD | +39.36% | +12.98% | -26.39pp | 51 / 34 | 34 / 51 | 0 of 85 | ±118.76% |
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)
- NVDA+2.95%+0.39pp
- MU+8.70%+0.32pp
- INTC+10.64%+0.26pp
- AVGO+4.70%+0.23pp
- AMD+4.86%+0.15pp
- ACN-17.97%-0.08pp
- IBM-5.05%-0.05pp
- PLTR-1.65%-0.02pp
- SAP-2.25%-0.02pp
- CRM-2.09%-0.02pp
This month (21d)
- MU+62.29%+2.32pp
- AMD+29.78%+0.95pp
- ASML+32.22%+0.84pp
- AMAT+51.85%+0.76pp
- LRCX+42.31%+0.69pp
- MSFT-8.91%-0.68pp
- NVDA-4.50%-0.59pp
- ACN-27.61%-0.13pp
- INTU-33.20%-0.12pp
- CRM-15.41%-0.11pp
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)
- DELL+74.06%
- WDC+63.72%
- MU+62.29%
- SNDK+57.94%
- AMAT+51.85%
- INTU-33.20%
- ACN-27.61%
- EPAM-23.75%
- ADBE-23.46%
- CIEN-20.98%
IXN — constituent leadership race
$100 in each covered IXN constituent at 2025-12-16, rebased to 100. Watch leadership change hands.
0%
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 — 86 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| NVDA Nvidia Corp | 13.10% | 210.69 | +2.95% | +2.84% | -4.50% | +12.98% | 35 |
| AAPL Apple Inc | 11.00% | 298.01 | +0.70% | +0.81% | -0.32% | +9.72% | 40 |
| MSFT Microsoft Corp | 7.64% | 379.40 | +0.13% | -2.80% | -8.91% | -21.37% | 26 |
| AVGO Broadcom Ltd | 4.83% | 411.35 | +4.70% | +6.69% | +0.07% | +19.10% | 41 |
| MU Micron Technology | 3.72% | 1133.99 | +8.70% | +13.87% | +62.29% | +297.49% | 96 |
| AMD Adv Micro Devices | 3.18% | 537.37 | +4.86% | +10.02% | +29.78% | +150.92% | 85 |
| ASML ASML Holdings NY Reg ADR | 2.62% | 1929.68 | +3.31% | +1.59% | +32.22% | +81.00% | 86 |
| INTC Intel Corp | 2.41% | 133.99 | +10.64% | +14.56% | +20.93% | +263.12% | 82 |
| CSCO Cisco Systems Inc | 2.03% | 119.54 | +1.88% | -1.88% | +3.61% | +56.86% | 48 |
| LRCX Lam Research Corp | 1.64% | 389.04 | +3.97% | +7.39% | +42.31% | +127.54% | 91 |
| AMAT Applied Materials | 1.47% | 617.11 | +4.08% | +11.67% | +51.85% | +140.43% | 94 |
| ORCL Oracle Corp | 1.40% | 184.29 | +0.41% | +0.10% | +1.56% | -4.87% | 46 |
| PLTR Palantir Technologies Cl A | 1.36% | 128.47 | -1.65% | -1.99% | -5.02% | -27.72% | 32 |
| TXN Texas Instruments | 1.17% | 322.86 | +6.95% | +8.67% | +6.80% | +87.31% | 58 |
| KLAC K L A-Tencor Corp | 1.05% | 259.56 | +8.73% | +7.63% | — | — | — |
| IBM Intl Business Machines | 1.02% | 249.10 | -5.05% | -9.37% | +12.04% | -15.42% | 68 |
| SNDK Sandisk Corp | 0.99% | 2184.75 | +11.54% | +16.12% | +57.94% | +820.36% | 95 |
| QCOM Qualcomm Inc | 0.99% | 226.11 | +6.17% | +11.41% | +15.59% | +33.04% | 75 |
| PANW Palo Alto Networks | 0.88% | 287.78 | +2.00% | +2.95% | +19.84% | +56.23% | 80 |
| ADI Analog Devices | 0.81% | 434.46 | +4.83% | +5.42% | +4.86% | +60.70% | 52 |
| SAP SAP Ag ADR | 0.77% | 155.22 | -2.25% | -5.15% | -13.19% | -36.10% | 15 |
| STX Seagate Technology Holdings | 0.77% | 1070.23 | +0.39% | +23.29% | +45.94% | +289.30% | 93 |
| CRM Salesforce Inc | 0.72% | 151.78 | -2.09% | -8.81% | -15.41% | -42.56% | 9 |
| WDC Western Digital Corp | 0.71% | 746.23 | +4.79% | +40.99% | +63.72% | +333.38% | 98 |
| CRWD Crowdstrike Holdings | 0.71% | 684.86 | +0.28% | -0.96% | +11.02% | +46.10% | 64 |
| APH Amphenol Corp | 0.67% | 163.96 | +1.77% | +7.54% | +37.55% | +21.57% | 89 |
| ANET Arista Networks Inc | 0.66% | 169.67 | +2.87% | +8.48% | +19.84% | +29.49% | 79 |
| GLW Corning Inc | 0.65% | 194.92 | +11.13% | +10.40% | +11.03% | +123.03% | 65 |
| APP Applovin Corp Cl A | 0.57% | 469.71 | -2.04% | -1.85% | -1.51% | -30.29% | 36 |
| SHOP Shopify Inc | 0.56% | 108.85 | +0.70% | -1.47% | +7.76% | -32.38% | 59 |
| ACN Accenture Plc | 0.47% | 127.98 | -17.97% | -23.60% | -27.61% | -51.61% | 1 |
| NOW Servicenow Inc | 0.45% | 95.04 | -0.46% | -7.80% | -6.67% | -37.96% | 31 |
| IFX INFINEON TECHNOLOGIES AG | 0.45% | 82.01 | +6.42% | +6.42% | +20.71% | +119.03% | 81 |
| ADBE Adobe Systems Inc | 0.43% | 195.16 | -0.57% | -10.80% | -23.46% | -44.24% | 4 |
| CDNS Cadence Design Sys | 0.42% | 387.39 | -0.57% | +0.95% | +14.57% | +23.93% | 73 |
| SNPS Synopsys Inc | 0.42% | 455.51 | -1.35% | -0.17% | -7.77% | -3.03% | 28 |
| INTU Intuit Inc | 0.37% | 267.00 | -0.77% | -3.58% | -33.20% | -59.49% | 0 |
| CIEN Ciena Corp | 0.36% | 428.22 | -1.95% | -3.82% | -20.98% | +83.10% | 5 |
| FTNT Fortinet Inc | 0.36% | 144.73 | +0.41% | -0.23% | +13.39% | +82.26% | 72 |
| MPWR Monolithic Power Sys | 0.33% | 1563.70 | +7.97% | -1.63% | +6.51% | +72.87% | 56 |
| NXPI Nxp Semiconductors | 0.33% | 313.27 | +5.05% | +3.54% | +6.45% | +45.07% | 55 |
| DELL Dell Technologies Inc | 0.33% | 409.50 | -2.34% | +4.61% | +74.06% | +227.74% | 99 |
| DDOG Datadog Inc Cl A | 0.31% | 223.00 | -1.60% | -4.80% | +3.65% | +63.98% | 49 |
| COHR Coherent Corp | 0.31% | 389.57 | +2.83% | +7.15% | +10.16% | +111.07% | 62 |
| LITE Lumentum Holdings | 0.30% | 850.00 | -2.30% | -4.45% | -4.50% | +130.61% | 34 |
| MSI Motorola Solutions | 0.29% | 395.17 | -1.38% | -3.41% | -0.89% | +3.36% | 38 |
| TEL Te Connectivity Ltd | 0.26% | 217.64 | +2.56% | +4.77% | +11.43% | -3.67% | 66 |
| KEYS Keysight Technologies | 0.25% | 363.67 | +3.70% | +6.95% | +5.68% | +78.98% | 53 |
| TER Teradyne Inc | 0.24% | 437.92 | +7.19% | +14.82% | +36.25% | +126.34% | 88 |
| ADSK Autodesk Inc | 0.22% | 193.82 | +0.39% | -5.72% | -20.62% | -34.52% | 7 |
| MCHP Microchip Technology | 0.21% | 99.77 | +6.01% | +7.35% | +9.22% | +57.50% | 60 |
| HPE Hewlett Packard Enterprise | 0.20% | 47.41 | -1.64% | +1.60% | +45.34% | +98.65% | 92 |
| ON On Semiconductor | 0.19% | 121.62 | +7.70% | +4.88% | +14.71% | +124.60% | 74 |
| CLS Celestica Inc | 0.18% | 372.55 | -2.06% | -3.45% | +9.85% | +26.03% | 61 |
| JBL Jabil Circuit | 0.16% | 371.88 | -0.83% | -1.33% | +11.72% | +63.18% | 67 |
| ROP Roper Industries | 0.15% | 330.26 | +0.09% | -0.74% | +0.41% | -25.47% | 44 |
| Q Qnity Electronics Inc | 0.14% | 168.98 | +7.82% | +13.32% | +16.40% | +107.19% | 78 |
| FICO Fair Isaac and Company | 0.13% | 1096.48 | -2.69% | -7.50% | -7.56% | -35.14% | 29 |
| TDY Teledyne Technologies | 0.12% | 619.58 | +0.69% | -0.67% | +2.17% | +21.31% | 47 |
| FSLR First Solar Inc | 0.12% | 257.70 | +1.14% | -4.97% | +16.23% | -1.35% | 76 |
| WDAY Workday Inc | 0.11% | 116.93 | -4.02% | -10.42% | -9.59% | -45.56% | 25 |
| VRSN Verisign Inc | 0.11% | 264.64 | -0.11% | -5.34% | -12.55% | +9.62% | 18 |
| CTSH Cognizant Tech Sol | 0.11% | 43.70 | -10.49% | -14.62% | -14.11% | -47.08% | 13 |
| NTAP Netapp Inc | 0.11% | 159.71 | +3.17% | -0.47% | +32.44% | +50.63% | 87 |
| HLMA HALMA PLC | 0.10% | 3958.00 | +2.17% | +0.76% | -10.05% | +11.87% | 22 |
| FFIV F5 Inc | 0.09% | 385.49 | +0.16% | -2.12% | +0.52% | +51.02% | 45 |
| AKAM Akamai Technologies | 0.09% | 124.91 | -2.31% | -5.70% | -11.62% | +43.16% | 19 |
| HPQ HP Inc | 0.09% | 23.50 | +1.38% | -4.78% | +12.06% | +7.19% | 69 |
| CAP Capitol Investment Corp V Cl A | 0.08% | 89.00 | -8.87% | -6.77% | -12.66% | -37.43% | 16 |
| PTC Ptc Inc | 0.08% | 114.75 | -1.87% | -3.07% | -20.97% | -34.13% | 6 |
| SMCI Super Micro Computer | 0.07% | 30.66 | +10.37% | -4.10% | +0.33% | +4.75% | 42 |
| DSY Big Tree Cloud Holdings Limited | 0.07% | 17.08 | -1.36% | -6.18% | -14.48% | -28.36% | 12 |
| LOGN Logansport Financial Corp | 0.06% | 86.72 | +1.05% | +0.23% | +6.30% | +6.35% | 54 |
| CDW CDW Corp | 0.06% | 128.37 | +1.32% | -0.59% | +23.75% | -4.71% | 84 |
| GEN Gen Digital Inc | 0.06% | 24.18 | +1.04% | +1.00% | -0.58% | -10.12% | 39 |
| TRMB Trimble Navigation | 0.06% | 49.16 | +0.59% | -1.68% | -9.90% | -37.26% | 24 |
| TYL Tyler Technologies | 0.06% | 278.91 | -3.06% | -5.61% | -13.58% | -38.56% | 14 |
| GDDY Godaddy Inc | 0.05% | 77.04 | +1.22% | +2.49% | -14.83% | -37.91% | 11 |
| ZBRA Zebra Technologies | 0.05% | 235.98 | +1.29% | +6.09% | -4.52% | -2.82% | 33 |
| SGE Strong Global Entertainment Cl A | 0.05% | 802.80 | -3.58% | -0.35% | -10.74% | -24.16% | 21 |
| IT Gartner Inc | 0.05% | 127.49 | -4.56% | -14.33% | -17.29% | -49.46% | 8 |
| SWKS Skyworks Solutions | 0.05% | 72.45 | +4.42% | -0.38% | +3.87% | +16.62% | 51 |
| NXT Nextpower Inc | 0.03% | 14440.00 | +1.94% | +2.78% | +12.68% | +8.35% | 71 |
| OTEX Open Text Corp | 0.03% | 20.69 | -1.80% | -5.40% | -8.27% | -35.06% | 27 |
| EPAM Epam Systems Inc | 0.02% | 76.64 | -12.61% | -17.38% | -23.75% | -62.59% | 2 |
| TEMN TEMENOS AG | 0.02% | 64.65 | -2.56% | -0.15% | -11.26% | -18.78% | 20 |
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.