Constituent dispersion · breadth vs the index
DTCR — Global X Data Center & Digital Infra
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 | -3.41% | -1.5 | +0pp | +1.76pp | Confirming ↓ |
| 1 month | -6.30% | -2.9 | -15pp | -1.64pp | Confirming ↓ |
| 1 quarter | -12.64% | -5.65 | +5pp | +1.77pp | Confirming ↓ |
Over the last 126 sessions: price up +7.80%, breadth down (-1.4/name) · % beating 60→40 · median−ETF +1.17pp→-0.50pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -3.68% | -3.71% | -0.03pp | 0 / 20 | 10 / 10 | 7 of 20 | ±2.25% |
| 5d | -3.41% | -3.65% | -0.25pp | 3 / 17 | 7 / 13 | 6 of 20 | ±3.5% |
| 21d | -6.30% | -6.80% | -0.50pp | 2 / 18 | 8 / 12 | 4 of 20 | ±9.94% |
| YTD | +29.00% | +12.08% | -16.92pp | 13 / 7 | 6 / 14 | 0 of 20 | ±71.48% |
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)
- DLR-5.01%-0.53pp
- EQIX-3.76%-0.46pp
- MRVL-7.32%-0.39pp
- APLD-6.96%-0.29pp
- MU-5.25%-0.24pp
This month (21d)
- AMT+1.58%+0.15pp
- AMD+2.15%+0.08pp
- NXT.AX-21.30%-1.07pp
- DLR-9.33%-0.99pp
- APLD-19.73%-0.81pp
- EQIX-6.55%-0.8pp
- VNET-17.32%-0.45pp
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)
- AMD+2.15%
- AMT+1.58%
- UNIT-0.72%
- SBAC-1.00%
- MRVL-1.51%
- WYFI-37.67%
- NXT.AX-21.30%
- APLD-19.73%
- MAQ.AX-19.06%
- AVGO-17.50%
DTCR — constituent leadership race
$100 in each covered DTCR constituent at 2025-12-30, 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 — 20 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| EQIX Equinix Inc | 12.24% | 998.72 | -3.76% | -3.60% | -6.55% | +31.71% | 50 |
| DLR Digital Realty Trust | 10.64% | 179.14 | -5.01% | -4.91% | -9.33% | +16.58% | 35 |
| AMT American Tower Corp | 9.77% | 176.94 | -0.51% | +0.62% | +1.58% | +1.79% | 90 |
| CCI Crown Castle | 7.14% | 74.17 | -1.92% | -2.19% | -2.06% | -15.50% | 70 |
| MRVL Marvell Technology Inc | 5.33% | 218.82 | -7.32% | -2.12% | -1.51% | +157.81% | 75 |
| NXT.AX Nextdc Ltd | 5.03% | 11.71 | -2.90% | -8.16% | -21.30% | -6.54% | 5 |
| MU Micron Technology | 4.55% | 924.03 | -5.25% | -9.10% | -2.72% | +223.89% | 65 |
| APLD Applied Digital Corp | 4.12% | 24.58 | -6.96% | -6.79% | -19.73% | +0.24% | 10 |
| INTC Intel Corp | 3.95% | 97.19 | -5.59% | +1.45% | -7.05% | +163.39% | 45 |
| UNIT Uniti Group Inc | 3.72% | 9.72 | -3.48% | -4.42% | -0.72% | +38.66% | 85 |
| SBAC SBA Communications | 3.70% | 183.07 | -1.29% | -3.36% | -1.00% | -4.14% | 80 |
| AMD Adv Micro Devices | 3.54% | 493.41 | -4.40% | +3.32% | +2.15% | +130.39% | 95 |
| VNET Vnet Group Inc | 2.58% | 6.16 | -2.69% | -3.30% | -17.32% | -27.19% | 25 |
| GDS Gds Holdings Ltd ADR | 2.57% | 30.27 | -1.78% | -3.49% | -12.94% | -13.27% | 30 |
| MCHP Microchip Technology | 1.97% | 71.48 | -3.67% | -3.63% | -7.99% | +12.84% | 40 |
| AVGO Broadcom Ltd | 1.73% | 344.72 | -4.77% | -3.68% | -17.50% | -0.19% | 20 |
| NVDA Nvidia Corp | 1.73% | 210.96 | -3.36% | -8.32% | -6.36% | +13.25% | 55 |
| SMCI Super Micro Computer | 1.67% | 36.74 | -8.38% | -7.20% | -6.18% | +25.52% | 60 |
| MAQ.AX Macquarie Technology Group Ltd | 0.86% | 51.72 | -2.42% | -6.15% | -19.06% | -22.23% | 15 |
| WYFI Whitefiber Inc | 0.30% | 17.59 | -8.10% | -9.98% | -37.67% | +11.33% | 0 |
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
DTCR dispersion — data Q&A
Is DTCR's move broad or carried by a few names (21 sessions)?
As of 2026-09-14: over 21 sessions the fund returned -6.30% while its median constituent returned -6.80% — a dispersion of 9.94 pp; 40% of 20 members beat the fund. Broad decline - breadth is falling with price.
How did DTCR's members trade in the last session?
As of 2026-09-14: fund -3.68%, median member -3.71%, 0 advancers vs 20 decliners.
What does the dispersion page for DTCR 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. 20 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.