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Constituent dispersion · breadth vs the index

XLF — Financial Select Sector

76/76 covered · 100% by weight · benchmark: XLF price · closes through 2026-06-18 ·holdings as of 2026-06-16

Concentration 40.54% in top 5 21.23 effective names · HHI 471
RS vs S&P 500 21d +3.06pp sector return − SPY
RS vs Nasdaq-100 21d -0.74pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +4.83% · A/D +99 (+1.3/name)
XLF 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 +1.81% +0.58 -8pp -2.82pp Confirming ↑
1 month +4.83% +1.3 -5pp -2.64pp Confirming ↑
1 quarter +9.22% +4.41 -8pp -2.77pp Confirming ↑

Over the last 126 sessions: price down -1.67%, breadth up (+4.43/name) · % beating 54→45 · median−ETF +0.60pp→-2.29pp.

Stocks above their moving average — participation breadth

Of the 76 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 22.37% 17/76 above
20-day 67.11% 51/76 above
50-day 64.47% 49/76 above
100-day 63.16% 48/76 above
150-day 56.58% 43/76 above
200-day 52.63% 40/76 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 76 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 6 (8%) 33 (43%) -27
1-Month 5 (7%) 10 (13%) -5
3-Month 2 (3%) 5 (7%) -3
6-Month 1 (1%) 4 (5%) -3
52-Week 1 (1%) 4 (5%) -3
YTD 1 (1%) 4 (5%) -3

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.89% -0.68% +0.21pp 17 / 59 44 / 32 51 of 76 ±1.15%
5d +1.81% +0.57% -1.23pp 43 / 33 24 / 52 16 of 76 ±4.27%
21d +4.83% +2.54% -2.29pp 51 / 25 34 / 42 7 of 76 ±9.93%
YTD -1.69% -2.44% -0.75pp 33 / 43 36 / 40 4 of 76 ±17.5%

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)

  • HOOD+2.80%+0.03pp
  • XYZ+2.66%+0.01pp
  • SYF+1.55%+0.01pp
  • PYPL+1.02%+0.01pp
  • IBKR+0.96%+0.01pp
  • JPM-2.47%-0.28pp
  • V-0.95%-0.07pp
  • WFC-1.92%-0.07pp
  • SCHW-2.97%-0.06pp
  • BRK.B-0.37%-0.04pp

This month (21d)

  • JPM+9.98%+1.14pp
  • GS+18.07%+0.76pp
  • C+19.25%+0.62pp
  • MS+17.72%+0.6pp
  • BAC+10.85%+0.53pp
  • CME-18.52%-0.24pp
  • ICE-13.13%-0.14pp
  • CBOE-31.23%-0.13pp
  • MA-1.98%-0.1pp
  • COIN-15.61%-0.07pp

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)

  • HOOD+45.83%
  • C+19.25%
  • GS+18.07%
  • MS+17.72%
  • IBKR+15.15%
  • CBOE-31.23%
  • CME-18.52%
  • COIN-15.61%
  • FISV-14.58%
  • ICE-13.13%

XLF — constituent leadership race

$100 in each covered XLF constituent at 2025-12-11, 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 — 76 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
BRK.B Berkshire Hathaway Cl B 11.80% 489.46 -0.37% +0.76% +1.87% -2.62% 49
JPM JP Morgan Chase & Company 11.38% 325.22 -2.47% +3.74% +9.98% +1.90% 84
V Visa Inc 7.13% 327.24 -0.95% +2.57% -0.81% -6.50% 29
MA Mastercard Inc 5.25% 489.79 -0.65% +0.67% -1.98% -13.93% 20
BAC Bank of America Corp 4.89% 56.20 -0.58% +1.89% +10.85% +2.76% 89
GS Goldman Sachs Group 4.19% 1096.56 -0.23% +5.88% +18.07% +25.41% 96
WFC Wells Fargo & Company 3.41% 82.20 -1.92% -0.24% +10.26% -11.37% 86
MS Morgan Stanley 3.39% 223.17 -0.80% +4.94% +17.72% +27.08% 95
C Citigroup Inc 3.21% 143.06 -0.50% +3.61% +19.25% +23.82% 97
AXP American Express Company 2.29% 338.00 -0.75% +6.13% +9.28% -8.14% 80
SCHW The Charles Schwab Corp 2.00% 91.70 -2.97% +3.38% -0.12% -7.91% 32
BLK Blackrock Inc 1.96% 1050.09 -0.69% +3.30% +1.33% -1.35% 45
SPGI S&P Global Inc 1.69% 410.92 -1.70% -0.59% +0.36% -21.00% 34
CB Chubb Ltd 1.57% 323.40 -1.39% -1.07% -2.04% +3.92% 18
PGR Progressive Corp 1.57% 204.87 +0.22% +1.29% +0.99% -4.27% 42
COF Capital One Financial Corp 1.52% 201.53 +0.33% +10.71% +10.71% -16.17% 87
BNY Bank of New York Mellon Corp 1.30% 143.63 -1.67% +1.08% +5.36% +24.76% 58
CME CME Group 1.28% 246.38 -2.44% -6.03% -18.52% -7.62% 1
PNC PNC Bank 1.26% 232.04 -0.47% -0.81% +8.80% +12.88% 74
BX Blackstone Inc 1.21% 123.79 -0.98% +2.41% +8.34% -18.00% 71
USB U.S. Bancorp 1.21% 58.14 +0.40% +0.88% +9.08% +10.08% 78
MRSH Marsh & Mclennan Companies 1.07% 162.41 -1.10% -3.41% -2.20% -11.56% 17
ICE Intercontinental Exchange 1.05% 133.88 -0.53% -3.31% -13.13% -17.07% 5
HOOD Robinhood Markets Inc Cl A 0.97% 108.15 +2.80% +17.26% +45.83% -4.38% 99
AON AON Plc 0.95% 317.74 -2.74% -5.20% -1.83% -9.53% 24
MCO Moody's Corp 0.90% 450.67 -1.22% +2.00% +3.72% -11.38% 53
KKR KKR & Company LP 0.87% 97.01 -0.16% +1.79% +4.40% -23.61% 54
TRV The Travelers Companies 0.87% 307.81 +0.57% +1.29% +0.75% +6.51% 39
TFC Truist Financial Corp 0.86% 48.33 +0.33% -4.64% +3.34% +0.25% 51
APO Apollo Asset Management 0.82% 137.50 -1.02% +2.68% +4.84% -4.23% 55
ALL Allstate Corp 0.76% 221.17 -0.22% +0.73% -1.00% +7.36% 26
AJG Arthur J. Gallagher & Company 0.74% 214.06 -0.94% -3.10% +5.57% -16.76% 61
AFL Aflac Inc 0.72% 115.47 -0.66% -0.84% -1.98% +5.82% 21
FITB Fifth Third Bancorp 0.65% 52.74 +0.30% -1.27% +10.80% +13.69% 88
MET Metlife Inc 0.64% 85.58 -0.31% -2.28% +5.56% +10.02% 59
STT State Street Corp 0.62% 168.31 -1.63% +2.10% +11.55% +32.20% 91
MSCI MSCI Inc 0.58% 581.19 -2.63% -2.21% +0.61% +2.07% 37
AMP Ameriprise Financial Services 0.55% 467.43 -0.96% +3.79% +0.79% -4.04% 41
IBKR Interactive Brokers 0.53% 96.00 +0.96% +8.07% +15.15% +49.59% 93
AIG American International Group 0.53% 74.02 -1.00% -1.07% -4.53% -12.97% 14
NDAQ Nasdaq Inc 0.53% 82.24 -1.26% -4.85% -10.59% -15.06% 8
PYPL Paypal Holdings 0.50% 42.51 +1.02% +3.08% -3.01% -26.96% 16
XYZ Block Inc 0.50% 74.78 +2.66% +8.24% +8.11% +14.89% 70
PRU Prudential Financial Inc 0.50% 106.53 -0.45% +0.02% +6.76% -3.02% 64
HIG The Hartford Insurance Group 0.48% 128.25 -1.07% -0.12% -4.56% -6.09% 13
COIN Coinbase Global Cl A 0.47% 163.26 -1.01% +1.76% -15.61% -27.81% 3
HBAN Huntington Bancshares 0.47% 16.86 +0.06% -1.15% +9.06% -1.84% 76
MTB M&T Bank Corp 0.46% 225.12 -0.32% -1.19% +9.75% +13.30% 83
ACGL Arch Capital Grp Ltd 0.43% 91.18 -1.29% +0.05% -5.41% -4.94% 12
NTRS Northern Trust Corp 0.43% 172.11 -1.62% +0.80% +4.85% +27.30% 57
CBOE CBOE Global Markets 0.41% 249.10 -2.19% -15.82% -31.23% -0.30% 0
FISV Fiserv Inc 0.38% 47.86 -1.87% -9.80% -14.58% -28.75% 4
CFG Citizens Financial Group 0.38% 67.08 +0.45% +0.86% +9.38% +16.48% 82
ARES Ares Management LP 0.37% 129.34 +0.77% -1.64% +6.80% -18.89% 66
RJF Raymond James Financial 0.36% 155.86 -1.83% +3.62% +3.20% -2.25% 50
CINF Cincinnati Financial 0.35% 170.20 -0.74% +1.13% +1.40% +4.83% 46
SYF Synchrony Financial 0.34% 75.26 +1.55% +4.05% +8.46% -9.06% 72
RF Regions Financial Corp 0.33% 28.62 -0.10% -0.93% +7.65% +7.64% 68
WTW Willis Towers Watson Public 0.33% 255.20 -1.86% -2.14% +0.39% -22.08% 36
CPAY Corpay Inc 0.33% 345.28 -2.28% -1.59% +0.62% +14.74% 38
TROW T Rowe Price Group 0.31% 107.65 -0.43% +0.62% +5.83% +6.71% 62
PFG Principal Financial Group 0.29% 109.57 -0.59% -0.11% +9.20% +26.33% 79
KEY Keycorp 0.28% 22.59 -0.04% +1.16% +9.05% +11.63% 75
WRB W.R. Berkley Corp 0.27% 67.18 -1.34% -0.53% -1.96% -4.07% 22
FIS Fidelity National Information Services 0.27% 38.21 -0.96% -0.37% -12.16% -42.01% 7
L Loews Corp 0.24% 107.28 -0.37% -0.08% -0.48% +1.99% 30
BRO Brown & Brown 0.23% 59.10 +0.10% -1.42% +1.74% -25.46% 47
GPN Global Payments Inc 0.21% 66.88 +0.78% +2.59% -1.56% -13.31% 25
EG Everest Re Group 0.18% 335.63 -0.56% +0.41% -5.99% -0.48% 11
GL Globe Life Inc 0.17% 170.76 -0.29% +3.43% +13.94% +22.62% 92
AIZ Assurant Inc 0.17% 259.86 -0.87% +0.53% +1.32% +8.33% 43
IVZ Invesco Limited 0.17% 28.14 -2.26% -0.53% +6.31% +8.83% 63
BEN Franklin Resources 0.13% 33.05 -0.72% +3.90% +7.34% +40.36% 67
JKHY Jack Henry & Assoc 0.12% 126.23 +1.62% +0.21% -9.75% -30.26% 9
FDS Factset Research Systems 0.12% 221.29 -3.07% -6.49% +0.20% -22.98% 33
ERIE Erie Indemnity Company 0.08% 221.14 -0.23% -2.15% -0.90% -22.00% 28

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.