Constituent dispersion · breadth vs the index
XLP — Consumer Staples Select Sector
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 | -0.63% | -0.44 | -6pp | -1.53pp | Weakening |
| 1 month | -0.02% | +0.92 | -3pp | -0.06pp | Improving |
| 1 quarter | +3.06% | +2.81 | -3pp | +0.02pp | Confirming ↑ |
Over the last 126 sessions: price down -3.46%, breadth down (-2.14/name) · % beating 44→47 · median−ETF -0.75pp→-0.07pp.
Stocks above their moving average — participation breadth
Of the 36 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 2026-08-28.
New highs & new lows — by horizon
How many of the 36 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.
| Horizon | New highs | New lows | Net |
|---|---|---|---|
| 5-Day | 5 (14%) | 13 (36%) | -8 |
| 1-Month | 2 (6%) | 1 (3%) | +1 |
| 3-Month | 2 (6%) | 0 (0%) | +2 |
| 6-Month | 1 (3%) | 0 (0%) | +1 |
| 52-Week | 1 (3%) | 0 (0%) | +1 |
| YTD | 1 (3%) | 0 (0%) | +1 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.43% | +0.44% | +0.01pp | 22 / 14 | 19 / 17 | 22 of 36 | ±1.37% |
| 5d | -0.63% | -0.61% | +0.02pp | 12 / 24 | 19 / 17 | 10 of 36 | ±3.28% |
| 21d | -0.02% | -0.09% | -0.07pp | 17 / 19 | 17 / 19 | 11 of 36 | ±7.14% |
| YTD | +10.62% | +7.05% | -3.58pp | 22 / 14 | 16 / 20 | 2 of 36 | ±18.49% |
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)
- COST+1.16%+0.1pp
- ADM+3.08%+0.08pp
- MO+1.45%+0.07pp
- WMT+0.45%+0.05pp
- KO+0.67%+0.04pp
- TGT-1.66%-0.07pp
- DG-2.38%-0.04pp
- EL-2.66%-0.04pp
- HSY-1.25%-0.02pp
- CHD-1.08%-0.02pp
This month (21d)
- TGT+12.92%+0.51pp
- EL+21.81%+0.31pp
- GIS+14.09%+0.17pp
- BG+9.91%+0.11pp
- KO+1.32%+0.09pp
- WMT-7.21%-0.79pp
- MNST-4.02%-0.17pp
- CASY-12.85%-0.14pp
- TSN-8.66%-0.09pp
- COST-0.91%-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)
- EL+21.81%
- GIS+14.09%
- TGT+12.92%
- BG+9.91%
- MKC+8.58%
- HRL-14.98%
- CASY-12.85%
- TSN-8.66%
- WMT-7.21%
- BF.B-5.58%
XLP — constituent leadership race
$100 in each covered XLP constituent at 2025-12-24, 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 — 36 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| WMT Walmart Inc | 10.99% | 103.09 | +0.45% | -0.59% | -7.21% | -7.28% | 8 |
| COST Costco Wholesale | 9.03% | 945.47 | +1.16% | -0.24% | -0.91% | +9.95% | 31 |
| PG Procter & Gamble Company | 7.20% | 143.78 | +0.45% | -0.62% | -0.13% | +1.80% | 47 |
| KO Coca-Cola Company | 6.58% | 89.66 | +0.67% | -1.58% | +1.32% | +29.13% | 67 |
| PM Philip Morris International | 5.94% | 191.89 | +0.74% | +1.94% | -0.06% | +20.70% | 50 |
| MDLZ Mondelez Intl Inc | 4.99% | 62.36 | -0.11% | -3.24% | -1.14% | +16.85% | 25 |
| MO Altria Group | 4.69% | 68.65 | +1.45% | +3.87% | +1.05% | +21.05% | 61 |
| CL Colgate-Palmolive Company | 4.38% | 90.75 | -0.23% | -0.36% | -0.93% | +16.27% | 28 |
| MNST Monster Beverage Corp | 4.26% | 46.86 | +0.34% | -1.95% | -4.02% | +22.24% | 14 |
| PEP Pepsico Inc | 4.08% | 141.07 | +0.97% | -1.68% | +0.62% | -0.83% | 56 |
| TGT Target Corp | 3.94% | 163.18 | -1.66% | -1.37% | +12.92% | +70.23% | 92 |
| KDP Keurig Dr Pepper Inc | 2.77% | 32.18 | +0.94% | +0.44% | +1.93% | +16.86% | 69 |
| ADM Archer Daniels Midland | 2.48% | 81.54 | +3.08% | +1.54% | +1.15% | +43.84% | 64 |
| SYY Sysco Corp | 2.44% | 81.94 | -0.62% | -2.57% | -3.27% | +12.86% | 19 |
| KR Kroger Company | 2.42% | 57.72 | +1.39% | -0.31% | -0.24% | -6.67% | 39 |
| KVUE Kenvue Inc | 2.24% | 19.17 | -0.16% | +0.58% | -0.73% | +13.76% | 33 |
| KMB Kimberly-Clark Corp | 2.18% | 109.55 | -0.39% | +0.22% | -0.58% | +11.43% | 36 |
| HSY Hershey Foods Corp | 1.73% | 179.05 | -1.25% | -3.97% | +1.03% | -0.20% | 58 |
| DG Dollar General Corp | 1.63% | 122.89 | -2.38% | -0.42% | -3.62% | -6.61% | 17 |
| CHD Church & Dwight Company | 1.49% | 101.26 | -1.08% | +2.49% | +3.67% | +21.53% | 72 |
| EL Estee Lauder Companies | 1.43% | 103.39 | -2.66% | +1.42% | +21.81% | -0.58% | 97 |
| DLTR Dollar Tree Inc | 1.36% | 128.26 | +0.99% | -2.45% | -0.24% | +4.27% | 42 |
| STZ Constellation Brands | 1.34% | 130.69 | -0.56% | -3.66% | +0.24% | -4.02% | 53 |
| KHC Kraft Heinz Company | 1.34% | 25.70 | +2.27% | +0.47% | -2.58% | +7.76% | 22 |
| GIS General Mills | 1.18% | 41.55 | +2.74% | +3.95% | +14.09% | -7.86% | 94 |
| BG Bunge Ltd | 1.11% | 115.48 | +3.50% | +2.10% | +9.91% | +31.17% | 89 |
| CASY Casey's General Stor | 1.08% | 755.47 | -1.04% | -9.60% | -12.85% | +36.91% | 3 |
| TSN Tyson Foods | 1.04% | 55.40 | +0.09% | -5.27% | -8.66% | -3.93% | 6 |
| SJM J.M. Smucker Company | 0.80% | 132.34 | +0.38% | +6.45% | +8.29% | +38.17% | 83 |
| MKC Mccormick & Company | 0.80% | 55.33 | +1.45% | -0.14% | +8.58% | -18.04% | 86 |
| CLX Clorox Company | 0.75% | 102.53 | -1.06% | -3.90% | +6.00% | +4.11% | 78 |
| HRL Hormel Foods Corp | 0.46% | 21.57 | +1.36% | -9.67% | -14.98% | -6.52% | 0 |
| TAP Molson Coors Brewing | 0.45% | 41.46 | +0.68% | -2.32% | -0.22% | -9.19% | 44 |
| CAG Conagra Brands | 0.42% | 16.09 | +0.44% | -2.07% | +7.05% | -2.82% | 81 |
| BF.B Brown Forman Cl B | 0.30% | 27.22 | -0.22% | -4.29% | -5.58% | +6.33% | 11 |
| CPB The Campbell's Company | 0.29% | 23.39 | +0.47% | -2.34% | +5.93% | -13.30% | 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
XLP dispersion — data Q&A
Is XLP's move broad or carried by a few names (21 sessions)?
As of 2026-08-28: over 21 sessions the fund returned -0.02% while its median constituent returned -0.09% — a dispersion of 7.14 pp; 47% of 36 members beat the fund. Improving below the surface - the A/D line is rising while price is flat-to-down; more names participating than the headline shows.
How did XLP's members trade in the last session?
As of 2026-08-28: fund +0.43%, median member +0.44%, 22 advancers vs 14 decliners.
What does the dispersion page for XLP 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. 36 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.