Constituent dispersion · breadth vs the index

RXI — Global Discretionary

72/133 covered · 71% by weight · benchmark: RXI price · closes through 2026-08-28 ·holdings as of 2026-06-16

Concentration 45.58% in top 5 13.89 effective names · HHI 720
RS vs S&P 500 21d -1.65pp sector return − SPY
RS vs Nasdaq-100 21d -2.73pp sector return − QQQ
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price +2.08% · A/D -41 (-0.57/name)
RXI 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.

HorizonPriceA/D /name% beating ΔMedian−ETF ΔRead
1 week -0.40% -0.22 -7pp +0.77pp Weakening
1 month +2.08% -0.57 -22pp -3.54pp Weakening
1 quarter -0.95% +0.64 -10pp -0.27pp Improving

Over the last 126 sessions: price down -0.75%, breadth down (-2.65/name) · % beating 66→31 · median−ETF +3.13pp→-2.18pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +1.22% +0.74% -0.49pp 52 / 18 28 / 44 36 of 72 ±1.63%
5d -0.41% -0.67% -0.26pp 31 / 41 35 / 37 17 of 72 ±2.92%
21d +2.08% -0.10% -2.18pp 35 / 37 22 / 50 13 of 72 ±8.65%
YTD -2.59% +1.36% +3.95pp 37 / 33 39 / 31 2 of 70 ±25.36%

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)

  • AMZN+3.97%+0.64pp
  • MCD+1.90%+0.06pp
  • MC+2.40%+0.05pp
  • BKNG+1.52%+0.03pp
  • EBAY+3.28%+0.03pp
  • TSLA-1.71%-0.12pp
  • RCL-1.89%-0.02pp
  • ULTA-4.18%-0.01pp
  • HLT-1.18%-0.01pp
  • MAR-0.79%-0.01pp

This month (21d)

  • AMZN+13.13%+2.13pp
  • TSLA+12.92%+0.94pp
  • ABNB+24.56%+0.22pp
  • DASH+19.85%+0.18pp
  • CVNA+20.51%+0.15pp
  • TJX-15.16%-0.41pp
  • RCL-13.21%-0.13pp
  • ROST-9.51%-0.1pp
  • MAR-6.50%-0.08pp
  • TPR-17.75%-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)

  • ABNB+24.56%
  • CVNA+20.51%
  • DASH+19.85%
  • AMS+15.16%
  • TSCO+14.93%
  • APTV-21.24%
  • TPR-17.75%
  • TJX-15.16%
  • RCL-13.21%
  • KER.PA-12.54%

RXI — constituent leadership race

$100 in each covered RXI constituent at 2025-12-30, rebased to 100. Watch leadership change hands.

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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 — 72 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
AMZN Amazon.com Inc 16.23% 266.43 +3.97% +3.02% +13.13% +15.43% 92
TSLA Tesla Inc 7.26% 348.75 -1.71% -3.89% +12.92% -22.45% 90
HD Home Depot 4.24% 330.19 +0.48% -1.61% -0.95% -3.40% 44
MCD McDonald's Corp 3.15% 265.00 +1.90% -2.20% -1.28% -12.81% 39
TJX TJX Companies 2.72% 135.12 +0.67% -3.85% -15.16% -11.79% 3
MC Moelis 2.17% 458.15 +2.40% +1.25% -3.20% -27.81% 28
BKNG Booking Holdings 2.00% 205.63 +1.52% -1.90% +6.41% 82
LOW Lowe's Companies 1.90% 208.05 +0.63% -3.72% -0.97% -12.93% 43
SBUX Starbucks Corp 1.85% 107.85 +0.55% +0.72% +1.89% +28.90% 68
CFR Cullen/Frost Bankers 1.66% 161.69 +0.19% -1.52% -1.10% +29.56% 42
MAR Marriot Int Cl A 1.27% 351.08 -0.79% -1.49% -6.50% +13.38% 21
ORLY O'Reilly Automotive 1.21% 88.50 +0.76% -0.68% +1.30% -2.97% 60
HLT Hilton Inc 1.15% 321.85 -1.18% -1.46% -0.05% +12.15% 50
ROST Ross Stores Inc 1.09% 228.55 -0.57% -4.39% -9.51% +27.14% 11
GM General Motors Company 1.08% 86.27 +0.10% -1.89% -2.41% +6.57% 32
ITX.MC INDUSTRIA DE DISENO TEXTIL SA 1.02% 58.32 +1.07% +0.17% +1.46% +5.29% 61
RCL Royal Caribbean Cruises Ltd 1.02% 279.41 -1.89% -4.31% -13.21% +1.23% 4
RMS.PA HERMES INTERNATIONAL 1.01% 1598.00 +2.24% +1.59% +3.06% -23.93% 72
PRX.AS PROSUS NV CLASS N 0.95% 38.69 +1.79% +1.03% -2.98% -26.79% 29
DASH Doordash Inc Cl A 0.92% 236.74 +2.09% +5.93% +19.85% +4.53% 96
AZO Autozone 0.88% 2961.96 +1.01% +0.14% -1.48% -12.67% 36
ABNB Airbnb Inc Cl A 0.88% 189.43 +2.73% +1.14% +24.56% +39.57% 99
F Ford Motor Company 0.84% 13.88 -0.50% -3.68% -6.59% +8.29% 19
EBAY Ebay Inc 0.83% 105.62 +3.28% +1.74% -6.96% +22.01% 18
NKE Nike Inc 0.82% 39.60 +3.02% -2.85% -6.36% -37.43% 22
CVNA Carvana Company Cl A 0.71% 74.04 -0.07% +5.91% +20.51% 97
YUM Yum! Brands 0.67% 153.86 +2.06% +0.57% -2.00% +2.67% 33
CMG Chipotle Mexican Grill 0.66% 38.03 +2.18% +3.06% -1.27% +2.78% 40
RACE Ferrari N.V. 0.66% 420.54 +1.57% -3.67% +5.74% +15.11% 81
GRMN Garmin Ltd 0.61% 285.19 -1.61% -3.28% -4.15% +41.13% 26
DHI D.R. Horton 0.61% 147.39 +1.47% -0.65% +1.58% +2.94% 63
CCL Carnival Corporation Ltd 0.52% 24.76 -0.76% -3.77% -10.37% -18.05% 10
TPR Tapestry Inc 0.44% 125.49 +1.83% -3.60% -17.75% -1.24% 1
AMS American Shared Hospital Services 0.42% 18.16 +0.00% +4.07% +15.16% +131.34% 94
EXPE Expedia Group Inc 0.40% 329.44 +3.30% +2.58% +12.46% +16.78% 89
IHG Intercontinental Hotels Group ADR 0.36% 162.65 -0.15% +2.01% +1.06% +16.58% 56
WSM Williams-Sonoma 0.36% 235.09 -1.39% -1.05% +0.76% +32.58% 54
DRI Darden Restaurants 0.35% 215.63 +2.13% -2.69% +4.18% +18.96% 76
ULTA Ulta Beauty Inc 0.35% 517.50 -4.18% -0.76% +0.15% -14.46% 51
PHM Pultegroup 0.35% 128.55 +1.42% -0.35% -0.15% +9.86% 49
ALL Allstate Corp 0.35% 260.58 +1.15% +2.66% -1.81% +26.48% 35
NXT.LSE Nextpower Inc 0.32% 15575.00 +0.26% +1.90% +2.20% +16.87% 71
KER.PA KERING SA 0.31% 254.20 +1.46% -0.04% -12.54% -14.26% 6
LEN Lennar Corp 0.30% 86.33 +1.43% -0.79% +3.08% -15.20% 74
NVR NVR Inc 0.26% 6396.27 +0.48% +0.59% +1.71% -12.29% 65
TSCO Tractor Supply Company 0.26% 34.72 +0.06% -0.06% +14.93% -29.70% 93
LVS Las Vegas Sands 0.23% 45.04 +1.81% -4.23% -9.11% -30.04% 14
DECK Deckers Outdoor Corp 0.23% 87.76 +1.66% -4.28% -11.97% -15.35% 7
RL Ralph Lauren Corp 0.23% 354.04 +0.61% -4.98% -8.26% +0.40% 15
GPC Genuine Parts Company 0.21% 137.51 +0.59% +2.65% +10.16% +14.09% 86
LULU Lululemon Athletica 0.21% 120.81 +5.05% -0.21% +1.11% -41.87% 57
HAS Hasbro Inc 0.19% 94.23 +0.05% +0.74% -0.32% +16.65% 47
BBY Best Buy Company 0.18% 82.44 -1.34% -4.02% -6.13% +25.05% 24
APTV Aptiv Plc 0.18% 45.75 +0.68% -5.24% -21.24% -39.87% 0
DPZ Domino's Pizza Inc 0.15% 350.00 +5.40% +2.38% -0.64% -15.61% 46
HM-B.ST HENNES & MAURITZ 0.13% 174.95 +0.11% -4.19% +0.60% -3.83% 53
WYNN Wynn Resorts Ltd 0.13% 95.26 +1.76% -5.01% -5.40% -20.45% 25
NCLH Norwegian Cruise Ord 0.12% 16.65 +0.00% -3.42% -11.06% -25.40% 8
UHR.SW THE SWATCH GROUP AG 0.12% 187.10 +0.67% -1.11% +5.71% +13.75% 79
MGM MGM Resorts International 0.11% 42.28 -1.61% -3.34% -7.40% +15.87% 17
PNDORA.CO PANDORA 0.11% 854.00 +1.55% +9.07% +7.29% +26.62% 83
KGF.LSE KINGFISHER PLC 0.10% 315.50 -0.88% -1.81% +1.87% +3.90% 67
POOL Pool Corp 0.09% 188.07 +1.08% +0.05% -1.37% -16.68% 38
RNO.PA RENAULT SA 0.09% 29.43 +3.63% +2.79% +5.22% -10.59% 78
WTB.LSE WHITBREAD PLC 0.08% 2459.00 -0.53% +1.44% -2.69% -1.10% 31
BRBY.LSE BURBERRY GROUP PLC 0.08% 1084.00 +1.12% +1.36% -9.21% -14.58% 13
BTRW.LSE BARRATT REDROW PLC 0.08% 318.20 -0.41% +1.86% +7.83% -14.89% 85
SW Smurfit Westrock Plc 0.07% 48.29 -0.70% -2.23% +1.62% +27.42% 64
BKG.LSE BERKELEY GROUP HOLDINGS (THE) PLC 0.06% 3570.00 +0.79% +0.45% +1.19% -8.56% 58
TW TAYLOR WIMPEY PLC 0.06% 108.87 +0.71% +1.71% +11.32% +1.49% 88
VOW.XETRA VOLKSWAGEN AG 0.05% 78.25 +2.83% +2.56% +2.15% -25.55% 69
UHRN.SW THE SWATCH GROUP AG 0.04% 36.75 +0.82% -1.08% +3.52% +9.13% 75

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

RXI dispersion — data Q&A

Is RXI's move broad or carried by a few names (21 sessions)?

As of 2026-08-28: over 21 sessions the fund returned +2.08% while its median constituent returned -0.10% — a dispersion of 8.65 pp; 31% of 72 members beat the fund. Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing.

How did RXI's members trade in the last session?

As of 2026-08-28: fund +1.22%, median member +0.74%, 52 advancers vs 18 decliners.

What does the dispersion page for RXI 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. 72 constituents covered, re-baked nightly from the Closelook lake.

Is this investment advice?

No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.