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Constituent dispersion · breadth vs the index

XLI — Industrial Select Sector

80/80 covered · 100% by weight · benchmark: XLI price · closes through 2026-06-18 ·holdings as of 2026-06-16

Concentration 26.42% in top 5 37.88 effective names · HHI 264
RS vs S&P 500 21d +5.44pp sector return − SPY
RS vs Nasdaq-100 21d +1.64pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +7.21% · A/D +232 (+2.9/name)
XLI 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 +3.29% +0.95 -11pp -1.24pp Confirming ↑
1 month +7.21% +2.9 +2pp +0.59pp Confirming ↑
1 quarter +9.25% +0.86 +5pp +0.76pp Confirming ↑

Over the last 126 sessions: price up +16.14%, breadth up (+3.53/name) · % beating 37→48 · median−ETF -1.48pp→-0.40pp.

Stocks above their moving average — participation breadth

Of the 79 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 55.7% 44/79 above
20-day 65.82% 52/79 above
50-day 65.82% 52/79 above
100-day 59.49% 47/79 above
150-day 63.29% 50/79 above
200-day 67.09% 53/79 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 79 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 27 (34%) 20 (25%) +7
1-Month 23 (29%) 11 (14%) +12
3-Month 13 (16%) 7 (9%) +6
6-Month 8 (10%) 6 (8%) +2
52-Week 7 (9%) 4 (5%) +3
YTD 8 (10%) 7 (9%) +1

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +0.73% +0.76% +0.03pp 56 / 24 42 / 38 37 of 80 ±2.29%
5d +3.29% +1.69% -1.60pp 49 / 31 28 / 52 15 of 80 ±5.58%
21d +7.21% +6.81% -0.40pp 58 / 21 38 / 41 13 of 79 ±9.28%
YTD +16.95% +9.97% -6.98pp 54 / 25 28 / 51 2 of 79 ±29.66%

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)

  • GEV+5.80%+0.27pp
  • CAT+3.13%+0.24pp
  • VRT+4.87%+0.1pp
  • ETN+2.96%+0.08pp
  • GWW+4.14%+0.04pp
  • RTX-3.62%-0.16pp
  • LMT-4.01%-0.08pp
  • NOC-5.21%-0.07pp
  • LHX-5.86%-0.06pp
  • GD-3.53%-0.06pp

This month (21d)

  • GE+25.36%+1.62pp
  • CAT+14.61%+1.13pp
  • GEV+9.68%+0.45pp
  • ETN+13.42%+0.37pp
  • RTX+6.81%+0.31pp
  • FDX-13.01%-0.17pp
  • UNP-4.91%-0.14pp
  • UBER-3.31%-0.09pp
  • NOC-6.26%-0.08pp
  • NSC-5.69%-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)

  • UAL+32.76%
  • LUV+28.43%
  • GE+25.36%
  • DAL+24.23%
  • BLDR+21.39%
  • ROL-16.34%
  • LDOS-14.96%
  • FDX-13.01%
  • HII-11.69%
  • CPRT-8.73%

XLI — constituent leadership race

$100 in each covered XLI 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 — 80 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
CAT Caterpillar Inc 7.71% 985.82 +3.13% +9.82% +14.61% +72.82% 86
GE GE Aerospace 6.40% 357.64 +0.17% +7.48% +25.36% +16.27% 96
GEV GE Vernova Inc 4.62% 1109.73 +5.80% +22.44% +9.68% +70.02% 71
RTX Rtx Corp 4.49% 185.60 -3.62% +0.75% +6.81% +1.54% 49
BA Boeing Company 3.13% 222.72 -1.29% +0.49% +3.59% +2.58% 35
UNP Union Pacific Corp 2.95% 256.88 -0.45% -4.25% -4.91% +12.21% 10
ETN Eaton Corp 2.77% 421.77 +2.96% +7.15% +13.42% +32.83% 81
DE Deere & Company 2.65% 589.24 +0.13% +3.62% +5.59% +26.93% 44
UBER UBER Technologies Inc 2.58% 71.64 +1.03% +3.01% -3.31% -12.32% 15
HON Honeywell International 2.55% 229.01 +0.17% +4.51% +5.46% +17.97% 43
VRT Vertiv Holdings Llc. 2.11% 333.05 +4.87% +11.83% +3.23% +105.62% 32
PH Parker-Hannifin Corp 2.08% 953.27 +0.77% +5.64% +11.81% +8.90% 77
LMT Lockheed Martin Corp 1.99% 510.95 -4.01% -6.88% -2.98% +6.20% 18
HWM Howmet Aerospace Inc 1.93% 277.66 -1.97% +4.94% +9.70% +35.57% 72
PWR Quanta Services 1.92% 702.25 -1.76% +2.77% -1.66% +66.46% 22
TT Trane Technologies Plc 1.85% 483.40 +2.30% +5.05% +8.14% +24.79% 63
GD General Dynamics Corp 1.67% 350.01 -3.53% -2.47% +2.90% +4.88% 30
CMI Cummins Inc 1.66% 716.86 -0.13% +9.33% +9.05% +41.35% 70
ADP Automatic Data Processing 1.66% 218.41 -0.16% -2.53% -0.92% -14.39% 23
JCI Johnson Controls Intl 1.61% 144.82 +0.84% +0.84% +6.94% +21.31% 51
CSX CSX Corp 1.61% 45.63 +0.13% -3.67% -0.67% +26.29% 25
MMM 3M Company 1.52% 160.60 +0.86% +1.70% +8.08% +0.76% 61
WM Waste Management 1.48% 214.60 -0.58% -1.92% -3.06% -1.51% 16
EMR Emerson Electric Company 1.46% 150.66 +1.11% +6.03% +15.32% +14.41% 87
UPS United Parcel Service 1.46% 104.86 -0.26% -3.49% +8.29% +7.19% 65
NOC Northrop Grumman Corp 1.34% 521.50 -5.21% -5.61% -6.26% -8.25% 8
FDX Fedex Corp 1.33% 326.20 +0.08% -3.49% -13.01% +13.38% 3
TDG Transdigm Group Inc 1.29% 1328.31 +0.88% +5.62% +12.66% -0.12% 80
NSC Norfolk Southern Corp 1.28% 300.08 -0.15% -3.37% -5.69% +4.85% 9
URI United Rentals 1.23% 1076.81 +2.65% +0.78% +16.08% +33.63% 90
ITW Illinois Tool Works 1.23% 264.09 +0.76% +3.79% +6.76% +7.90% 48
FIX Comfort Systems USA 1.20% 1967.41 +1.84% +6.73% +7.77% +111.00% 57
PCAR Paccar Inc 1.13% 118.95 +1.37% +1.17% +8.75% +8.90% 67
CTAS Cintas Corp 1.09% 170.85 +0.71% -6.06% -0.78% -8.95% 24
GWW W.W. Grainger 1.05% 1365.41 +4.14% +3.92% +9.72% +35.85% 73
LHX L3Harris Technologies 1.05% 294.82 -5.86% -5.56% -4.33% +0.78% 13
CARR Carrier Global Corp 1.00% 71.81 +3.34% +2.97% +16.88% +36.97% 91
DAL Delta Air Lines Inc 0.98% 84.18 +2.35% +2.87% +24.23% +21.95% 95
FAST Fastenal Company 0.97% 45.89 +2.25% -1.08% +5.32% +15.60% 42
AME Ametek Inc 0.95% 237.42 +2.66% +5.11% +7.29% +15.82% 52
ROK Rockwell Automation Inc 0.94% 475.18 +3.60% +3.85% +12.53% +22.94% 78
ODFL Old Dominion Freight Line 0.82% 221.04 +1.23% -10.78% +8.11% +41.17% 62
WAB Wabtec Corp 0.82% 273.83 +0.72% +4.48% +7.39% +28.60% 54
RSG Republic Services 0.77% 204.94 -1.20% -1.49% -4.67% -2.74% 11
UAL United Airlines Holdings 0.68% 118.32 +2.15% +5.07% +32.76% +5.81% 99
EME Emcor Group 0.67% 836.59 +1.10% +3.09% -2.08% +36.89% 20
AXON Axon Enterprise 0.63% 423.40 +0.09% -5.11% +7.92% -25.45% 58
PAYX Paychex Inc 0.59% 98.24 +0.68% -1.04% +3.98% -11.52% 37
DOV Dover Corp 0.53% 223.57 +1.26% +2.31% +7.98% +15.05% 59
OTIS Otis Worldwide Corp 0.50% 73.27 +0.76% +4.48% +3.28% -15.22% 34
CPRT Copart Inc 0.50% 30.23 +2.41% -2.67% -8.73% -22.78% 5
XYL Xylem Inc 0.49% 111.42 +1.02% +2.17% +5.19% -17.90% 41
IR Ingersoll Rand Inc 0.48% 77.91 +1.09% +6.43% +13.67% -1.60% 82
VRSK Verisk Analytics Inc 0.47% 173.80 -0.88% -4.25% +1.81% -22.11% 28
HUBB Hubbell Inc B 0.46% 523.69 +2.91% +11.58% +13.82% +18.59% 84
CHRW C.H. Robinson Ww 0.42% 185.04 -0.09% -3.18% +7.31% +15.89% 53
LUV Southwest Airlines Company 0.41% 47.97 +2.81% +8.31% +28.43% +16.57% 97
EXPD Expeditors Intl 0.41% 161.32 +0.44% -3.08% +2.89% +8.82% 29
JBHT J B Hunt Transport 0.39% 271.22 +1.49% -6.20% +5.73% +40.10% 46
VLTO Veralto Corporation 0.38% 84.02 +1.51% +1.67% -2.83% -15.67% 19
SNA Snap-On Inc 0.37% 387.25 +1.57% +0.67% +8.32% +13.86% 66
EFX Equifax Inc 0.36% 153.93 -0.59% -3.54% -3.96% -28.62% 14
FDXF Fedex Freight Holding Company Inc 0.34% 162.85 +0.59% -9.53%
FTV Fortive Corp 0.34% 61.03 +0.58% +1.99% +4.86% +10.66% 39
BR Broadridge Financial Solutions 0.31% 137.60 -1.45% -4.37% -7.92% -38.00% 6
LII Lennox International 0.30% 532.43 +3.16% +2.98% +10.30% +9.97% 76
IEX Idex Corp 0.30% 224.93 +0.55% +3.70% +10.03% +27.32% 75
TXT Textron Inc 0.29% 89.47 -3.47% -4.54% +1.46% +2.66% 27
LDOS Leidos Holdings Inc 0.28% 107.12 -1.43% -11.94% -14.96% -40.47% 1
GNRC Generac Holdings Inc 0.28% 279.15 +4.08% +8.48% +14.42% +104.70% 85
NDSN Nordson Corp 0.28% 295.92 +1.96% +3.90% +8.94% +23.46% 68
MAS Masco Corp 0.27% 74.38 +2.42% +0.85% +15.92% +18.27% 89
J Jacobs Engineering Group 0.27% 120.97 -1.53% -4.23% +7.50% -8.15% 56
ROL Rollins Inc 0.25% 44.96 -0.38% -4.44% -16.34% -24.61% 0
SWK Stanley Black & Decker 0.24% 86.75 +5.19% +4.35% +17.42% +18.08% 92
PNR Pentair Ltd 0.22% 74.32 +1.27% +2.41% +3.24% -28.24% 33
HII Huntington Ingalls Industries 0.21% 285.43 -3.86% -5.16% -11.69% -15.44% 4
ALLE Allegion Plc 0.21% 133.57 +2.60% +0.31% +5.87% -15.79% 47
BLDR Builders Firstsource 0.16% 80.59 +5.84% +2.57% +21.39% -21.67% 94
AOS Smith A.O. Corp 0.12% 58.22 +0.59% -0.75% +4.06% -12.02% 38

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.