Constituent dispersion · breadth vs the index
QTUM — Defiance Quantum
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 | +5.40% | +0.35 | -2pp | -3.31pp | Confirming ↑ |
| 1 month | +19.44% | +0.89 | +0pp | -2.85pp | Confirming ↑ |
| 1 quarter | +51.30% | +4.56 | -28pp | -9.25pp | Confirming ↑ |
Over the last 126 sessions: price up +57.70%, breadth up (+5.24/name) · % beating 56→35 · median−ETF +0.67pp→-8.34pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +3.39% | +3.04% | -0.35pp | 43 / 19 | 29 / 33 | 7 of 62 | ±5.25% |
| 5d | +5.40% | +3.20% | -2.20pp | 40 / 22 | 26 / 36 | 3 of 62 | ±13.31% |
| 21d | +19.44% | +12.04% | -7.40pp | 45 / 16 | 22 / 39 | 0 of 61 | ±28.75% |
| YTD | +53.48% | +23.93% | -29.55pp | 43 / 18 | 25 / 36 | 0 of 61 | ±84.95% |
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)
- INTC+10.64%+0.28pp
- MU+8.70%+0.28pp
- ALAB+11.31%+0.22pp
- MRVL+7.27%+0.19pp
- STM+6.86%+0.17pp
- ACN-17.97%-0.1pp
- NOK-2.46%-0.05pp
- BAH-6.67%-0.05pp
- NOC-5.21%-0.04pp
- LMT-4.01%-0.04pp
This month (21d)
- ARM+96.93%+2.23pp
- MU+62.29%+1.99pp
- MRVL+76.20%+1.97pp
- ALAB+70.75%+1.35pp
- AMAT+51.85%+0.92pp
- ACN-27.61%-0.15pp
- BIDU-18.83%-0.15pp
- BABA-21.04%-0.13pp
- BAH-13.82%-0.1pp
- CRM-15.41%-0.08pp
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)
- BTQ+107.88%
- ARQQ+100.33%
- ARM+96.93%
- MRVL+76.20%
- ALAB+70.75%
- ACN-27.61%
- BABA-21.04%
- BIDU-18.83%
- CRM-15.41%
- BAH-13.82%
QTUM — constituent leadership race
$100 in each covered QTUM 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 — 62 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| MU Micron Technology | 3.19% | 1133.99 | +8.70% | +13.87% | +62.29% | +297.49% | 90 |
| INTC Intel Corp | 2.62% | 133.99 | +10.64% | +14.56% | +20.93% | +263.12% | 64 |
| MRVL Marvell Technology Inc | 2.59% | 310.58 | +7.27% | +10.64% | +76.20% | +265.92% | 93 |
| STM Stmicroelectronics N.V. ADR | 2.52% | 78.39 | +6.86% | +0.35% | +28.03% | +203.06% | 69 |
| ARM Arm Holdings Plc ADR | 2.30% | 439.46 | +4.91% | +28.41% | +96.93% | +302.03% | 95 |
| NOK Nokia Corp ADR | 2.04% | 13.49 | -2.46% | -4.26% | -1.32% | +110.00% | 23 |
| AMD Adv Micro Devices | 1.98% | 537.37 | +4.86% | +10.02% | +29.78% | +150.92% | 70 |
| ALAB Astera Labs Inc | 1.91% | 417.07 | +11.31% | +13.50% | +70.75% | +150.70% | 92 |
| LRCX Lam Research Corp | 1.87% | 389.04 | +3.97% | +7.39% | +42.31% | +127.54% | 85 |
| MKSI Mks Inc | 1.82% | 406.37 | +9.46% | +17.68% | +38.20% | +154.54% | 84 |
| ON On Semiconductor | 1.82% | 121.62 | +7.70% | +4.88% | +14.71% | +124.60% | 54 |
| TSEM Tower Semiconductor | 1.78% | 286.74 | +7.34% | +10.99% | +14.11% | +144.20% | 51 |
| AMAT Applied Materials | 1.77% | 617.11 | +4.08% | +11.67% | +51.85% | +140.43% | 89 |
| COHR Coherent Corp | 1.77% | 389.57 | +2.83% | +7.15% | +10.16% | +111.07% | 48 |
| KLAC K L A-Tencor Corp | 1.76% | 259.56 | +8.73% | +7.63% | — | — | — |
| TER Teradyne Inc | 1.69% | 437.92 | +7.19% | +14.82% | +36.25% | +126.34% | 80 |
| ONTO Onto Innovation Inc | 1.65% | 333.76 | +4.65% | +9.96% | +34.54% | +111.43% | 77 |
| HPE Hewlett Packard Enterprise | 1.63% | 47.41 | -1.64% | +1.60% | +45.34% | +98.65% | 87 |
| LSCC Lattice Semicond | 1.58% | 153.72 | +9.91% | +7.60% | +23.73% | +108.92% | 66 |
| ASML ASML Holdings NY Reg ADR | 1.42% | 1929.68 | +3.31% | +1.59% | +32.22% | +81.00% | 72 |
| TXN Texas Instruments | 1.42% | 322.86 | +6.95% | +8.67% | +6.80% | +87.31% | 39 |
| NVEC Nve Corp | 1.38% | 110.46 | +8.54% | -2.98% | +34.12% | +91.11% | 75 |
| CSCO Cisco Systems Inc | 1.29% | 119.54 | +1.88% | -1.88% | +3.61% | +56.86% | 33 |
| ADI Analog Devices | 1.27% | 434.46 | +4.83% | +5.42% | +4.86% | +60.70% | 34 |
| MCHP Microchip Technology | 1.20% | 99.77 | +6.01% | +7.35% | +9.22% | +57.50% | 44 |
| TSM Taiwan Semiconductor ADR | 1.17% | 462.12 | +6.94% | +9.75% | +17.70% | +52.41% | 61 |
| NXPI Nxp Semiconductors | 1.13% | 313.27 | +5.05% | +3.54% | +6.45% | +45.07% | 38 |
| CRUS Cirrus Logic Inc | 1.11% | 165.29 | +3.13% | +1.45% | +2.58% | +39.49% | 31 |
| LMT Lockheed Martin Corp | 0.99% | 510.95 | -4.01% | -6.88% | -2.98% | +6.20% | 20 |
| QCOM Qualcomm Inc | 0.99% | 226.11 | +6.17% | +11.41% | +15.59% | +33.04% | 56 |
| CRWV Coreweave Inc Cl A | 0.98% | 117.95 | +2.38% | +23.20% | +18.17% | +64.71% | 62 |
| HON Honeywell International | 0.98% | 229.01 | +0.17% | +4.51% | +5.46% | +17.97% | 36 |
| CDNS Cadence Design Sys | 0.97% | 387.39 | -0.57% | +0.95% | +14.57% | +23.93% | 52 |
| GOOGL Alphabet Cl A | 0.96% | 368.03 | +1.17% | +2.87% | -5.06% | +17.66% | 15 |
| IONQ Ionq Inc | 0.96% | 56.55 | +3.40% | -2.48% | +16.74% | +26.03% | 59 |
| NVDA Nvidia Corp | 0.96% | 210.69 | +2.95% | +2.84% | -4.50% | +12.98% | 18 |
| NET Cloudflare Inc Cl A | 0.92% | 224.06 | -1.24% | -1.49% | +8.38% | +13.65% | 43 |
| SNOW Snowflake Inc Cl A | 0.92% | 232.29 | -0.95% | -3.37% | +37.00% | +5.89% | 82 |
| RTX Rtx Corp | 0.90% | 185.60 | -3.62% | +0.75% | +6.81% | +1.54% | 41 |
| TDC Teradata Corp | 0.89% | 30.88 | -2.71% | -5.85% | -5.42% | +1.45% | 13 |
| NTNX Nutanix Inc | 0.88% | 46.90 | +0.93% | -4.69% | -2.84% | -9.27% | 21 |
| NOC Northrop Grumman Corp | 0.85% | 521.50 | -5.21% | -5.61% | -6.26% | -8.25% | 11 |
| SNPS Synopsys Inc | 0.82% | 455.51 | -1.35% | -0.17% | -7.77% | -3.03% | 10 |
| BIDU Baidu Inc ADR | 0.79% | 111.76 | +0.13% | -3.75% | -18.83% | -14.47% | 3 |
| AVGO Broadcom Ltd | 0.79% | 411.35 | +4.70% | +6.69% | +0.07% | +19.10% | 26 |
| QBTS D-Wave Quantum Inc | 0.75% | 24.69 | +7.72% | +3.65% | +35.73% | -5.58% | 79 |
| IBM Intl Business Machines | 0.75% | 249.10 | -5.05% | -9.37% | +12.04% | -15.42% | 49 |
| BAH Booz Allen Hamilton Holding Corp | 0.71% | 66.36 | -6.67% | -14.04% | -13.82% | -20.74% | 7 |
| ORCL Oracle Corp | 0.71% | 184.29 | +0.41% | +0.10% | +1.56% | -4.87% | 30 |
| MSFT Microsoft Corp | 0.70% | 379.40 | +0.13% | -2.80% | -8.91% | -21.37% | 8 |
| MDB Mongodb Inc Cl A | 0.69% | 332.75 | -0.58% | -6.11% | -0.58% | -20.72% | 25 |
| RGTI Rigetti Computing Inc | 0.69% | 21.36 | +5.51% | +3.54% | +33.83% | -3.57% | 74 |
| QUBT Quantum Computing Inc | 0.68% | 10.76 | +10.13% | +8.58% | +16.70% | +4.87% | 57 |
| ESTC Elastic N.V. | 0.66% | 58.97 | +0.70% | -2.08% | +9.77% | -21.83% | 46 |
| WIT Wipro Ltd ADR | 0.65% | 2.39 | -3.63% | +11.16% | +23.83% | -13.67% | 67 |
| RDNT Radnet Inc | 0.63% | 53.74 | +1.74% | -7.66% | +0.73% | -24.68% | 28 |
| BABA Alibaba Group Holding ADR | 0.61% | 107.10 | -0.32% | -4.96% | -21.04% | -26.93% | 2 |
| PLTR Palantir Technologies Cl A | 0.58% | 128.47 | -1.65% | -1.99% | -5.02% | -27.72% | 16 |
| BTQ Btq Technologies Corp | 0.54% | 5.68 | -3.65% | +28.98% | +107.88% | +10.84% | 98 |
| CRM Salesforce Inc | 0.54% | 151.78 | -2.09% | -8.81% | -15.41% | -42.56% | 5 |
| ACN Accenture Plc | 0.54% | 127.98 | -17.97% | -23.60% | -27.61% | -51.61% | 0 |
| ARQQ Arqit Quantum Inc | 0.40% | 24.38 | +7.88% | +78.09% | +100.33% | +11.43% | 97 |
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.