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Constituent dispersion · breadth vs the index

WTAI — WisdomTree AI & Innovation

47/48 covered · 77% by weight · benchmark: WTAI price · closes through 2026-06-18 ·holdings as of 2026-06-16

Concentration 26.8% in top 5 33.11 effective names · HHI 302
RS vs S&P 500 21d +18.88pp sector return − SPY
RS vs Nasdaq-100 21d +15.08pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +20.65% · A/D +26 (+0.55/name)
WTAI 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 +8.44% +0.13 -24pp -9.49pp Confirming ↑
1 month +20.65% +0.55 -11pp -0.95pp Confirming ↑
1 quarter +58.34% +5.23 -21pp -10.10pp Confirming ↑

Over the last 126 sessions: price up +72.10%, breadth up (+4.91/name) · % beating 41→22 · median−ETF -1.36pp→-12.60pp.

Stocks above their moving average — participation breadth

Of the 47 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.

5-day 57.45% 27/47 above
20-day 48.94% 23/47 above
50-day 63.83% 30/47 above
100-day 72.34% 34/47 above
150-day 68.89% 31/45 above
200-day 68.89% 31/45 above
% of constituents above their 50-day average — breadth over the last year; 50% is the participation midpoint

New highs & new lows — by horizon

How many of the 47 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.

HorizonNew highsNew lowsNet
5-Day 18 (38%) 10 (21%) +8
1-Month 8 (17%) 3 (6%) +5
3-Month 8 (17%) 2 (4%) +6
6-Month 8 (17%) 2 (4%) +6
52-Week 8 (18%) 2 (4%) +6
YTD 8 (17%) 2 (4%) +6

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +5.57% +0.91% -4.66pp 33 / 13 10 / 37 5 of 47 ±4.13%
5d +8.44% +1.19% -7.25pp 26 / 21 11 / 36 3 of 47 ±7.11%
21d +20.65% +7.76% -12.89pp 33 / 14 10 / 37 3 of 47 ±21.64%
YTD +63.18% +19.10% -44.08pp 30 / 17 12 / 35 1 of 47 ±86.68%

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%+0.35pp
  • INTC+10.64%+0.21pp
  • ALAB+11.31%+0.16pp
  • TSM+6.94%+0.16pp
  • AVGO+4.70%+0.15pp
  • IBM-5.05%-0.05pp
  • KR-8.43%-0.05pp
  • DOCN-2.55%-0.03pp
  • CLS-2.06%-0.03pp
  • CRM-2.09%-0.03pp

This month (21d)

  • MU+62.29%+2.5pp
  • MRVL+76.20%+1.36pp
  • ALAB+70.75%+1.01pp
  • SNOW+37.00%+0.73pp
  • TER+36.25%+0.7pp
  • GOOGL-5.06%-0.29pp
  • MSFT-8.91%-0.28pp
  • AMZN-5.76%-0.22pp
  • CRM-15.41%-0.21pp
  • NVDA-4.50%-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%
  • ALAB+70.75%
  • MU+62.29%
  • CRDO+60.86%
  • SNOW+37.00%
  • KR-19.82%
  • CRM-15.41%
  • NFLX-13.38%
  • SYM-10.58%
  • MSFT-8.91%

WTAI — constituent leadership race

$100 in each covered WTAI constituent at 2025-12-16, 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 — 47 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
GOOGL Alphabet Cl A 5.66% 368.03 +1.17% +2.87% -5.06% +17.66% 17
NVDA Nvidia Corp 4.20% 210.69 +2.95% +2.84% -4.50% +12.98% 23
MU Micron Technology 4.02% 1133.99 +8.70% +13.87% +62.29% +297.49% 94
AMZN Amazon.com Inc 3.81% 244.39 +2.90% +1.19% -5.76% +5.88% 15
ORCL Oracle Corp 3.24% 184.29 +0.41% +0.10% +1.56% -4.87% 34
AVGO Broadcom Ltd 3.12% 411.35 +4.70% +6.69% +0.07% +19.10% 30
MSFT Microsoft Corp 3.10% 379.40 +0.13% -2.80% -8.91% -21.37% 9
TSM Taiwan Semiconductor ADR 2.24% 462.12 +6.94% +9.75% +17.70% +52.41% 72
PANW Palo Alto Networks 2.20% 287.78 +2.00% +2.95% +19.84% +56.23% 77
AMD Adv Micro Devices 2.17% 537.37 +4.86% +10.02% +29.78% +150.92% 83
INTC Intel Corp 1.99% 133.99 +10.64% +14.56% +20.93% +263.12% 79
NOW Servicenow Inc 1.99% 95.04 -0.46% -7.80% -6.67% -37.96% 13
SNOW Snowflake Inc Cl A 1.97% 232.29 -0.95% -3.37% +37.00% +5.89% 89
TER Teradyne Inc 1.94% 437.92 +7.19% +14.82% +36.25% +126.34% 87
MRVL Marvell Technology Inc 1.79% 310.58 +7.27% +10.64% +76.20% +265.92% 98
CMI Cummins Inc 1.78% 716.86 -0.13% +9.33% +9.05% +41.35% 55
CLS Celestica Inc 1.56% 372.55 -2.06% -3.45% +9.85% +26.03% 60
VRT Vertiv Holdings Llc. 1.55% 333.05 +4.87% +11.83% +3.23% +105.62% 36
ASML ASML Holdings NY Reg ADR 1.52% 1929.68 +3.31% +1.59% +32.22% +81.00% 85
PLTR Palantir Technologies Cl A 1.44% 128.47 -1.65% -1.99% -5.02% -27.72% 19
ALAB Astera Labs Inc 1.43% 417.07 +11.31% +13.50% +70.75% +150.70% 96
MDB Mongodb Inc Cl A 1.37% 332.75 -0.58% -6.11% -0.58% -20.72% 28
CRM Salesforce Inc 1.34% 151.78 -2.09% -8.81% -15.41% -42.56% 2
CHKP Check Point Software 1.32% 122.33 +0.36% -0.64% -2.90% -34.08% 26
DOCN Digitalocean Holdings Inc 1.30% 173.27 -2.55% -0.85% +15.50% +260.08% 66
FROG Jfrog Ltd 1.23% 82.72 +1.68% +5.40% +17.12% +32.44% 70
CRWD Crowdstrike Holdings 1.23% 684.86 +0.28% -0.96% +11.02% +46.10% 62
CFLT Confluent Inc Cl A 1.20% 30.99 +0.00% +0.85% +1.41% +2.48% 32
TEAM Atlassian Corp 1.14% 82.72 -1.98% -7.26% -4.50% -48.98% 21
LSCC Lattice Semicond 1.13% 153.72 +9.91% +7.60% +23.73% +108.92% 81
ANET Arista Networks Inc 1.09% 169.67 +2.87% +8.48% +19.84% +29.49% 74
NET Cloudflare Inc Cl A 1.08% 224.06 -1.24% -1.49% +8.38% +13.65% 53
LYFT Lyft Inc Cl A 1.07% 14.28 +0.92% +4.16% +8.35% -26.28% 51
CRDO Credo Technology Group Holding Ltd 1.05% 271.83 +9.02% +2.67% +60.86% +88.92% 91
IBM Intl Business Machines 0.97% 249.10 -5.05% -9.37% +12.04% -15.42% 64
DDOG Datadog Inc Cl A 0.92% 223.00 -1.60% -4.80% +3.65% +63.98% 38
MCHP Microchip Technology 0.91% 99.77 +6.01% +7.35% +9.22% +57.50% 57
SYM Symbotic Inc 0.89% 41.68 +3.76% -2.69% -10.58% -29.95% 6
EQIX Equinix Inc 0.84% 1092.19 +0.34% +4.70% +4.69% +44.04% 43
SPOT Spotify Technology S.A. 0.78% 468.08 +2.74% -3.69% +6.00% -19.40% 47
DE Deere & Company 0.68% 589.24 +0.13% +3.62% +5.59% +26.93% 45
SAIL Sailpoint Inc 0.66% 13.33 +0.91% -7.56% -7.88% -34.11% 11
KR Kroger Company 0.58% 56.61 -8.43% -11.71% -19.82% -8.46% 0
NFLX Netflix Inc 0.57% 77.38 +0.55% -4.79% -13.38% -17.47% 4
SHOP Shopify Inc 0.48% 108.85 +0.70% -1.47% +7.76% -32.38% 49
GTLB Gitlab Inc Cl A 0.46% 26.56 +0.34% -6.48% +4.32% -29.23% 40
QCOM Qualcomm Inc 0.43% 226.11 +6.17% +11.41% +15.59% +33.04% 68

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.