Constituent dispersion · breadth vs the index

ARKK — ARK Innovation

42/42 covered · 94% by weight · benchmark: ARKK price · closes through 2026-09-14 ·holdings as of 2026-06-16

Concentration 32.09% in top 5 24.39 effective names · HHI 410
RS vs S&P 500 21d +4.77pp sector return − SPY
RS vs Nasdaq-100 21d +5.71pp sector return − QQQ
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price +2.58% · A/D -81 (-1.93/name)
ARKK 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 -1.74% -0.69 +9pp +3.26pp Confirming ↓
1 month +2.58% -1.93 -12pp -2.24pp Weakening
1 quarter +11.99% -2.12 -17pp -4.18pp Weakening

Over the last 126 sessions: price up +17.59%, breadth down (-1.6/name) · % beating 29→40 · median−ETF -7.24pp→-2.15pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +1.36% +1.91% +0.54pp 30 / 12 24 / 18 10 of 42 ±4.59%
5d -1.74% -2.23% -0.49pp 14 / 27 19 / 23 5 of 42 ±6.53%
21d +2.58% +0.43% -2.15pp 22 / 20 17 / 25 3 of 42 ±16.38%
YTD +10.14% +0.99% -9.15pp 22 / 19 17 / 24 2 of 41 ±77.63%

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)

  • COIN+9.24%+0.34pp
  • RBLX+12.73%+0.33pp
  • TEM+5.42%+0.27pp
  • CRCL+7.53%+0.26pp
  • TWST+5.92%+0.19pp
  • AMD-4.40%-0.22pp
  • TSLA-1.77%-0.18pp
  • CRWV-6.75%-0.17pp
  • TER-13.30%-0.13pp
  • CBRS-5.59%-0.06pp

This month (21d)

  • CRCL+29.24%+1.02pp
  • RBLX+35.15%+0.9pp
  • COIN+24.40%+0.9pp
  • HOOD+15.05%+0.75pp
  • TEM+14.59%+0.72pp
  • SHOP-15.54%-0.67pp
  • CRWV-21.93%-0.54pp
  • BEAM-9.02%-0.27pp
  • ACHR-20.95%-0.25pp
  • KTOS-24.22%-0.24pp

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)

  • BMNR+40.84%
  • BLSH+36.90%
  • RBLX+35.15%
  • CRCL+29.24%
  • COIN+24.40%
  • KTOS-24.22%
  • CRWV-21.93%
  • CBRS-21.56%
  • ACHR-20.95%
  • TER-19.81%

ARKK — constituent leadership race

$100 in each covered ARKK constituent at 2025-12-30, 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 — 42 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
TSLA Tesla Inc 10.43% 358.97 -1.77% +1.38% +5.59% -20.18% 62
AMD Adv Micro Devices 5.06% 493.41 -4.40% +3.32% +2.15% +130.39% 55
HOOD Robinhood Markets Inc Cl A 4.95% 114.33 +1.56% -6.37% +15.05% +1.09% 81
TEM Tempus AI Cl A 4.94% 62.21 +5.42% -3.73% +14.59% +5.35% 79
CRSP Crispr Therapeutics Ag 4.77% 52.96 +2.40% -5.07% -1.91% +0.99% 45
ROKU Roku Inc 4.72% 157.45 +1.63% +1.20% +2.19% +45.13% 57
SHOP Shopify Inc 4.34% 133.89 +3.96% -7.72% -15.54% -16.82% 14
COIN Coinbase Global Cl A 3.70% 191.45 +9.24% +3.69% +24.40% -15.34% 88
CRCL Circle Internet Group Inc Cl A 3.48% 97.42 +7.53% -4.54% +29.24% +22.85% 90
TWST Twist Bioscience Corp 3.19% 134.75 +5.92% +8.04% +7.55% +324.81% 64
BEAM Beam Therapeutics Inc 3.00% 24.12 +0.54% -18.68% -9.02% -12.99% 26
PLTR Palantir Technologies Cl A 2.90% 173.31 +3.64% -0.59% -3.18% -2.50% 40
TXG 10X Genomics Inc 2.82% 70.11 +2.22% +11.91% +20.57% +329.86% 86
RBLX Roblox Corp Cl A 2.57% 51.29 +12.73% +18.43% +35.15% -36.70% 93
AMZN Amazon.com Inc 2.51% 253.54 -1.26% -1.92% -4.37% +9.84% 31
CRWV Coreweave Inc Cl A 2.47% 82.98 -6.75% -7.14% -21.93% +15.88% 2
GOOG Alphabet Cl C 1.91% 345.71 +3.06% +3.10% +0.51% +10.25% 50
BLSH Bullish Ord Shs 1.80% 37.62 +7.12% +4.50% +36.90% -0.66% 95
NVDA Nvidia Corp 1.73% 210.96 -3.36% -8.32% -6.36% +13.25% 29
BMNR Bitmine Immersion Technologies 1.54% 25.76 +2.92% +3.16% +40.84% -5.12% 98
XYZ Block Inc 1.52% 79.49 +0.35% -3.95% -4.33% +22.12% 33
ILMN Illumina Inc 1.44% 208.21 +0.85% -4.59% +8.08% +58.75% 67
NTRA Natera Inc 1.26% 341.79 +3.91% +4.15% +9.98% +49.19% 69
BABA Alibaba Group Holding ADR 1.25% 109.23 -0.06% -3.54% -10.58% -25.48% 19
DE Deere & Company 1.20% 681.46 +0.85% -1.74% +11.28% +46.80% 71
ACHR Archer Aviation Inc 1.17% 5.51 -1.25% -3.50% -20.95% -26.73% 7
AVGO Broadcom Ltd 1.15% 344.72 -4.77% -3.68% -17.50% -0.19% 12
CBRS Cerebras Systems Inc Cl A 1.10% 181.21 -5.59% -13.73% -21.56% 5
NTLA Intellia Thera CS 1.10% 11.87 +1.11% -6.83% +0.34% +32.04% 48
VCYT Veracyte Inc 1.04% 41.21 +0.83% -3.10% -3.26% -2.11% 38
KTOS Kratos Defense & Security Inc 1.01% 47.58 +1.91% -0.50% -24.22% -37.32% 0
TSM Taiwan Semiconductor ADR 1.00% 418.01 -3.52% -2.54% -2.90% +37.86% 43
TER Teradyne Inc 1.00% 329.20 -13.30% -7.79% -19.81% +70.15% 10
RXRX Recursion Pharmaceuticals Inc Cl A 0.99% 3.41 +6.56% -6.06% +3.02% -16.63% 60
META META Platforms Inc 0.94% 665.60 +2.71% +7.92% +11.87% +0.92% 74
WGS Genedx Holdings Corp 0.89% 89.74 +5.25% +4.36% +13.38% -31.00% 76
BWXT Bwx Technologies Inc 0.84% 148.53 -1.06% -5.75% -12.67% -13.95% 17
SOFI Sofi Technologies Inc 0.56% 17.65 +1.91% -3.13% -4.23% -32.58% 36
GOOGL Alphabet Cl A 0.52% 349.39 +3.22% +3.23% +0.87% +11.70% 52
FIG Figma Inc Cl A 0.50% 23.91 +3.06% -0.87% -9.26% -36.02% 24
CERS Cerus Corp 0.36% 2.55 +2.41% -1.54% -10.21% +23.79% 21
PACB Pacific Biosciences 0.29% 1.35 +3.85% +0.00% +17.39% -27.81% 83

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

ARKK dispersion — data Q&A

Is ARKK's move broad or carried by a few names (21 sessions)?

As of 2026-09-14: over 21 sessions the fund returned +2.58% while its median constituent returned +0.43% — a dispersion of 16.38 pp; 40% of 42 members beat the fund. Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing.

How did ARKK's members trade in the last session?

As of 2026-09-14: fund +1.36%, median member +1.91%, 30 advancers vs 12 decliners.

What does the dispersion page for ARKK 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. 42 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.