Constituent dispersion · breadth vs the index
XLY — Consumer Discretionary 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 | -0.69% | -0.56 | -14pp | -0.45pp | Weakening |
| 1 month | +4.29% | -0.94 | -50pp | -10.88pp | Weakening |
| 1 quarter | -3.03% | -0.29 | -13pp | +0.39pp | Confirming ↓ |
Over the last 126 sessions: price up +0.30%, breadth down (-4.67/name) · % beating 67→19 · median−ETF +5.68pp→-5.41pp.
Stocks above their moving average — participation breadth
Of the 48 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 48 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 | 3 (6%) | 11 (23%) | -8 |
| 1-Month | 1 (2%) | 6 (13%) | -5 |
| 3-Month | 0 (0%) | 3 (6%) | -3 |
| 6-Month | 0 (0%) | 0 (0%) | +0 |
| 52-Week | 0 (0%) | 0 (0%) | +0 |
| YTD | 0 (0%) | 0 (0%) | +0 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.15% | +0.68% | -0.47pp | 34 / 13 | 20 / 28 | 23 of 48 | ±1.84% |
| 5d | -0.69% | -1.48% | -0.79pp | 15 / 33 | 20 / 28 | 13 of 48 | ±2.79% |
| 21d | +4.29% | -1.12% | -5.41pp | 18 / 30 | 9 / 39 | 1 of 48 | ±9.68% |
| YTD | -1.65% | +0.81% | +2.46pp | 24 / 22 | 25 / 21 | 1 of 46 | ±20.86% |
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%+1pp
- MCD+1.90%+0.07pp
- BKNG+1.52%+0.05pp
- NKE+3.02%+0.04pp
- EBAY+3.28%+0.04pp
- TSLA-1.71%-0.33pp
- RCL-1.89%-0.03pp
- HLT-1.18%-0.02pp
- ULTA-4.18%-0.02pp
- MAR-0.79%-0.02pp
This month (21d)
- AMZN+13.13%+3.31pp
- TSLA+12.92%+2.51pp
- ABNB+24.56%+0.32pp
- DASH+19.85%+0.26pp
- CVNA+20.51%+0.22pp
- TJX-15.16%-0.66pp
- RCL-13.21%-0.23pp
- ROST-9.51%-0.17pp
- MAR-6.50%-0.13pp
- TPR-17.75%-0.12pp
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%
- TSCO+14.93%
- AMZN+13.13%
- APTV-21.24%
- TPR-17.75%
- TJX-15.16%
- RCL-13.21%
- DECK-11.97%
XLY — constituent leadership race
$100 in each covered XLY 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 — 48 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| AMZN Amazon.com Inc | 25.20% | 266.43 | +3.97% | +3.02% | +13.13% | +15.43% | 90 |
| TSLA Tesla Inc | 19.40% | 348.75 | -1.71% | -3.89% | +12.92% | -22.45% | 88 |
| HD Home Depot | 5.55% | 330.19 | +0.48% | -1.61% | -0.95% | -3.40% | 52 |
| TJX TJX Companies | 4.35% | 135.12 | +0.67% | -3.85% | -15.16% | -11.79% | 4 |
| MCD McDonald's Corp | 3.85% | 265.00 | +1.90% | -2.20% | -1.28% | -12.81% | 46 |
| BKNG Booking Holdings | 3.09% | 205.63 | +1.52% | -1.90% | +6.41% | — | 81 |
| LOW Lowe's Companies | 2.88% | 208.05 | +0.63% | -3.72% | -0.97% | -12.93% | 50 |
| SBUX Starbucks Corp | 2.73% | 107.85 | +0.55% | +0.72% | +1.89% | +28.90% | 75 |
| MAR Marriot Int Cl A | 2.06% | 351.08 | -0.79% | -1.49% | -6.50% | +13.38% | 27 |
| HLT Hilton Inc | 1.85% | 321.85 | -1.18% | -1.46% | -0.05% | +12.15% | 60 |
| ROST Ross Stores Inc | 1.81% | 228.55 | -0.57% | -4.39% | -9.51% | +27.14% | 15 |
| ORLY O'Reilly Automotive | 1.78% | 88.50 | +0.76% | -0.68% | +1.30% | -2.97% | 69 |
| RCL Royal Caribbean Cruises Ltd | 1.72% | 279.41 | -1.89% | -4.31% | -13.21% | +1.23% | 6 |
| GM General Motors Company | 1.71% | 86.27 | +0.10% | -1.89% | -2.41% | +6.57% | 38 |
| F Ford Motor Company | 1.35% | 13.88 | -0.50% | -3.68% | -6.59% | +8.29% | 25 |
| DASH Doordash Inc Cl A | 1.31% | 236.74 | +2.09% | +5.93% | +19.85% | +4.53% | 94 |
| ABNB Airbnb Inc Cl A | 1.30% | 189.43 | +2.73% | +1.14% | +24.56% | +39.57% | 98 |
| NKE Nike Inc | 1.25% | 39.60 | +3.02% | -2.85% | -6.36% | -37.43% | 29 |
| AZO Autozone | 1.20% | 2961.96 | +1.01% | +0.14% | -1.48% | -12.67% | 42 |
| EBAY Ebay Inc | 1.14% | 105.62 | +3.28% | +1.74% | -6.96% | +22.01% | 23 |
| CVNA Carvana Company Cl A | 1.06% | 74.04 | -0.07% | +5.91% | +20.51% | — | 96 |
| YUM Yum! Brands | 1.00% | 153.86 | +2.06% | +0.57% | -2.00% | +2.67% | 40 |
| CMG Chipotle Mexican Grill | 0.98% | 38.03 | +2.18% | +3.06% | -1.27% | +2.78% | 48 |
| DHI D.R. Horton | 0.97% | 147.39 | +1.47% | -0.65% | +1.58% | +2.94% | 71 |
| GRMN Garmin Ltd | 0.90% | 285.19 | -1.61% | -3.28% | -4.15% | +41.13% | 35 |
| CCL Carnival Corporation Ltd | 0.87% | 24.76 | -0.76% | -3.77% | -10.37% | -18.05% | 13 |
| TPR Tapestry Inc | 0.69% | 125.49 | +1.83% | -3.60% | -17.75% | -1.24% | 2 |
| WSM Williams-Sonoma | 0.62% | 235.09 | -1.39% | -1.05% | +0.76% | +32.58% | 65 |
| EXPE Expedia Group Inc | 0.61% | 329.44 | +3.30% | +2.58% | +12.46% | +16.78% | 85 |
| DRI Darden Restaurants | 0.57% | 215.63 | +2.13% | -2.69% | +4.18% | +18.96% | 79 |
| PHM Pultegroup | 0.55% | 128.55 | +1.42% | -0.35% | -0.15% | +9.86% | 58 |
| ULTA Ulta Beauty Inc | 0.48% | 517.50 | -4.18% | -0.76% | +0.15% | -14.46% | 63 |
| LEN Lennar Corp | 0.45% | 86.33 | +1.43% | -0.79% | +3.08% | -15.20% | 77 |
| NVR NVR Inc | 0.41% | 6396.27 | +0.48% | +0.59% | +1.71% | -12.29% | 73 |
| TSCO Tractor Supply Company | 0.38% | 34.72 | +0.06% | -0.06% | +14.93% | -29.70% | 92 |
| DECK Deckers Outdoor Corp | 0.38% | 87.76 | +1.66% | -4.28% | -11.97% | -15.35% | 8 |
| RL Ralph Lauren Corp | 0.36% | 354.04 | +0.61% | -4.98% | -8.26% | +0.40% | 19 |
| LVS Las Vegas Sands | 0.36% | 45.04 | +1.81% | -4.23% | -9.11% | -30.04% | 17 |
| BBY Best Buy Company | 0.36% | 82.44 | -1.34% | -4.02% | -6.13% | +25.05% | 31 |
| APTV Aptiv Plc | 0.34% | 45.75 | +0.68% | -5.24% | -21.24% | -39.87% | 0 |
| GPC Genuine Parts Company | 0.34% | 137.51 | +0.59% | +2.65% | +10.16% | +14.09% | 83 |
| LULU Lululemon Athletica | 0.30% | 120.81 | +5.05% | -0.21% | +1.11% | -41.87% | 67 |
| HAS Hasbro Inc | 0.26% | 94.23 | +0.05% | +0.74% | -0.32% | +16.65% | 56 |
| DPZ Domino's Pizza Inc | 0.23% | 350.00 | +5.40% | +2.38% | -0.64% | -15.61% | 54 |
| MGM MGM Resorts International | 0.22% | 42.28 | -1.61% | -3.34% | -7.40% | +15.87% | 21 |
| WYNN Wynn Resorts Ltd | 0.21% | 95.26 | +1.76% | -5.01% | -5.40% | -20.45% | 33 |
| NCLH Norwegian Cruise Ord | 0.21% | 16.65 | +0.00% | -3.42% | -11.06% | -25.40% | 10 |
| POOL Pool Corp | 0.15% | 188.07 | +1.08% | +0.05% | -1.37% | -16.68% | 44 |
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
XLY dispersion — data Q&A
Is XLY's move broad or carried by a few names (21 sessions)?
As of 2026-08-28: over 21 sessions the fund returned +4.29% while its median constituent returned -1.12% — a dispersion of 9.68 pp; 19% of 48 members beat the fund. Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing.
How did XLY's members trade in the last session?
As of 2026-08-28: fund +1.15%, median member +0.68%, 34 advancers vs 13 decliners.
What does the dispersion page for XLY 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. 48 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.