Constituent dispersion · breadth vs the index
IXJ — Global Healthcare
Concentration 34.87% in top 5 25.38 effective names · HHI 394
RS vs S&P 500 21d +2.37pp sector return − SPY
RS vs Nasdaq-100 21d +8.39pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +4% · A/D +104 (+1.33/name)
IXJ 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.
| Horizon | Price | A/D /name | % beating Δ | Median−ETF Δ | Read |
|---|---|---|---|---|---|
| 1 week | +4.19% | +1.59 | +1pp | +0.31pp | Confirming ↑ |
| 1 month | +4.00% | +1.33 | -6pp | -1.76pp | Confirming ↑ |
| 1 quarter | +12.16% | +3.31 | +4pp | +0.54pp | Confirming ↑ |
Over the last 126 sessions: price up +3.13%, breadth up (+1.23/name) · % beating 48→54 · median−ETF -0.29pp→+0.59pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +2.34% | +2.42% | +0.09pp | 76 / 2 | 44 / 34 | 38 of 78 | ±2.3% |
| 5d | +4.19% | +3.57% | -0.62pp | 65 / 13 | 36 / 42 | 12 of 78 | ±4.96% |
| 21d | +4.00% | +4.39% | +0.39pp | 60 / 18 | 41 / 37 | 11 of 78 | ±7.82% |
| YTD | +5.60% | +8.75% | +3.15pp | 50 / 27 | 45 / 32 | 1 of 77 | ±25.07% |
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)
- LLY+1.93%+0.21pp
- ROP+4.24%+0.17pp
- UNH+2.67%+0.12pp
- ABBV+2.45%+0.12pp
- AMGN+4.48%+0.11pp
- PHIA.AS-4.76%-0.01pp
- CNC-0.27%0pp
This month (21d)
- ROP+15.55%+0.61pp
- JNJ+4.74%+0.34pp
- ABT+13.97%+0.28pp
- TMO+12.35%+0.28pp
- AMGN+9.70%+0.23pp
- AZN-8.45%-0.33pp
- ISRG-10.60%-0.22pp
- SDZ.SW-11.15%-0.05pp
- EW-7.82%-0.05pp
- CSL-10.47%-0.05pp
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)
- IQV+27.10%
- GETI-B.ST+18.94%
- VEEV+17.41%
- SOON.SW+16.82%
- MCK+16.50%
- MRNA-17.04%
- SDZ.SW-11.15%
- ISRG-10.60%
- CSL-10.47%
- AZN-8.45%
IXJ — constituent leadership race
$100 in each covered IXJ constituent at 2025-12-30, rebased to 100. Watch leadership change hands.
0%
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 — 78 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| LLY Eli Lilly and Company | 10.68% | 1220.66 | +1.93% | +3.85% | +1.04% | +13.77% | 26 |
| JNJ Johnson & Johnson | 7.23% | 266.73 | +0.29% | +6.43% | +4.74% | +29.57% | 51 |
| ABBV Abbvie Inc | 4.91% | 263.20 | +2.45% | +2.77% | +3.89% | +17.08% | 45 |
| UNH Unitedhealth Group | 4.59% | 428.79 | +2.67% | -1.73% | +0.21% | +30.90% | 23 |
| ROP Roper Industries | 3.90% | 390.92 | +4.24% | +11.47% | +15.55% | -11.78% | 91 |
| AZN Astrazeneca Plc | 3.86% | 172.48 | +1.67% | +1.85% | -8.45% | — | 5 |
| MRK Merck & Company | 3.81% | 131.82 | +0.81% | +4.40% | +2.46% | +26.16% | 33 |
| AMGN Amgen Inc | 2.41% | 393.10 | +4.48% | +7.33% | +9.70% | +20.93% | 73 |
| TMO Thermo Fisher Scientific | 2.24% | 576.41 | +3.02% | +10.12% | +12.35% | -0.43% | 83 |
| GILD Gilead Sciences Inc | 2.14% | 134.32 | +2.91% | +3.10% | +5.04% | +10.06% | 54 |
| ISRG Intuitive Surg Inc | 2.07% | 361.80 | +1.39% | +3.35% | -10.60% | -36.12% | 3 |
| ABT Abbott Laboratories | 2.02% | 107.27 | +2.66% | +7.63% | +13.97% | -13.41% | 86 |
| PFE Pfizer Inc | 1.95% | 25.25 | +2.35% | +3.01% | +3.95% | +3.10% | 46 |
| NOVO-B.CO NOVO NORDISK CLASS B | 1.86% | 335.40 | +2.73% | +3.50% | +6.51% | +6.68% | 60 |
| BMY Bristol-Myers Squibb Company | 1.61% | 63.60 | +1.66% | +4.38% | +11.82% | +20.53% | 82 |
| CVS CVS Corp | 1.57% | 109.34 | +2.12% | -0.53% | +4.79% | +40.13% | 53 |
| VRTX Vertex Pharmaceutic | 1.46% | 490.39 | +2.38% | +1.74% | -0.19% | +8.17% | 22 |
| DHR Danaher Corp | 1.44% | 199.05 | +1.30% | +11.19% | +1.46% | -12.86% | 28 |
| SYK Stryker Corp | 1.43% | 346.60 | +2.93% | +10.18% | +4.45% | -1.12% | 50 |
| GSK.LSE Gsk Plc ADR | 1.39% | 2029.00 | +3.47% | +7.18% | +2.50% | +13.12% | 36 |
| MDT Medtronic Inc | 1.33% | 86.88 | +3.16% | +5.50% | +7.29% | -8.82% | 67 |
| SNY Sanofi-Aventis S.A. ADR | 1.28% | 45.54 | +3.50% | +4.09% | +6.03% | -0.81% | 58 |
| MCK Mckesson Corp | 1.24% | 889.50 | +4.64% | +7.32% | +16.50% | +8.65% | 94 |
| ELV Elevance Health Inc | 1.14% | 385.73 | +1.95% | -1.96% | -2.39% | +10.71% | 17 |
| BSX Boston Scientific Corp | 1.12% | 46.06 | +1.21% | +6.65% | +4.14% | -51.69% | 47 |
| CI The Cigna Group | 0.99% | 301.06 | +3.45% | +3.64% | +6.46% | +10.62% | 59 |
| REGN Regeneron Pharmaceuticals | 0.86% | 695.18 | +4.20% | +2.96% | +9.84% | -9.83% | 74 |
| HCA Hca Holdings Inc | 0.81% | 418.19 | +7.33% | +12.09% | +6.77% | -10.29% | 64 |
| EL Estee Lauder Companies | 0.79% | 84.75 | +1.86% | +2.89% | +5.23% | -18.50% | 55 |
| COR Cencora Inc | 0.68% | 319.58 | +2.71% | +5.45% | +11.69% | -5.00% | 81 |
| EW Edwards Lifesciences Corp | 0.64% | 83.68 | +0.77% | -1.03% | -7.82% | -1.84% | 6 |
| CAH Cardinal Health | 0.62% | 232.51 | +1.38% | +2.39% | -2.06% | +13.70% | 18 |
| LONN.SW LONZA GROUP AG | 0.58% | 560.20 | +0.14% | -0.67% | +3.82% | +5.26% | 44 |
| IDXX Idexx Laboratories | 0.58% | 569.54 | +2.40% | +3.09% | +3.27% | -15.81% | 40 |
| BDX Becton Dickinson and Company | 0.55% | 166.34 | +4.67% | +8.13% | +6.68% | +9.72% | 62 |
| HLN Haleon Plc | 0.54% | 380.90 | +2.89% | +3.34% | +9.33% | +3.00% | 71 |
| GALD.SW GALDERMA GROUP N AG | 0.49% | 176.95 | +1.93% | +1.11% | -4.76% | +9.40% | 12 |
| HUM Humana Inc | 0.48% | 388.71 | +1.98% | -3.87% | +1.27% | +52.53% | 27 |
| SDZ.SW SANDOZ GROUP AG | 0.48% | 65.04 | +2.39% | -2.25% | -11.15% | +13.81% | 1 |
| CSL Carlisle Companies Inc | 0.46% | 347.72 | +2.07% | +7.78% | -10.47% | +9.37% | 4 |
| ZTS Zoetis Inc Cl A | 0.45% | 77.51 | +0.77% | +2.87% | +1.87% | -37.86% | 32 |
| ALC Alcon Inc | 0.45% | 56.50 | +1.47% | +1.22% | +3.59% | -10.28% | 42 |
| WAT Waters Corp | 0.44% | 383.90 | +3.42% | +4.45% | +2.53% | +1.07% | 37 |
| A Agilent Technologies | 0.43% | 140.54 | +1.92% | +5.78% | +3.53% | +3.71% | 41 |
| RMD Resmed Inc | 0.40% | 208.96 | +2.90% | +6.72% | +4.33% | -12.79% | 49 |
| GEHC GE Healthcare Technologies | 0.39% | 64.11 | +4.89% | +3.39% | -2.51% | -21.77% | 15 |
| IQV Iqvia Holdings Inc | 0.38% | 242.94 | +13.94% | +20.49% | +27.10% | +7.78% | 99 |
| DXCM Dexcom Inc | 0.37% | 74.85 | +2.02% | +0.13% | +6.72% | +12.78% | 63 |
| BIIB Biogen Inc | 0.37% | 205.61 | +2.73% | +1.21% | -4.82% | +16.83% | 10 |
| CNC Centene Corp | 0.36% | 63.91 | -0.27% | -5.44% | -2.77% | +55.31% | 14 |
| VEEV Veeva Systems Inc | 0.32% | 201.20 | +3.47% | +6.32% | +17.41% | -9.87% | 96 |
| WST West Pharmaceutical Services | 0.30% | 337.00 | +1.74% | -6.19% | -3.95% | +22.69% | 13 |
| MTD Mettler-Toledo International | 0.29% | 1388.38 | +3.90% | +6.95% | +9.86% | -0.42% | 76 |
| STE Steris Corp | 0.28% | 230.34 | +5.47% | +8.78% | +6.80% | -8.91% | 65 |
| DGX Quest Diagnostics Inc | 0.28% | 235.94 | +1.77% | +14.07% | +12.42% | +37.18% | 85 |
| LH Laboratory Corp of America | 0.28% | 314.23 | +4.34% | +12.47% | +15.75% | +25.91% | 92 |
| PHIA.AS KONINKLIJKE PHILIPS NV | 0.28% | 22.41 | -4.76% | -3.98% | -5.96% | -3.57% | 8 |
| VTRS Viatris Inc | 0.25% | 17.86 | +1.25% | +1.53% | +9.37% | +45.74% | 72 |
| MRK Merck & Company | 0.25% | 131.82 | +0.81% | +4.40% | +2.46% | +26.16% | 33 |
| ZBH Zimmer Biomet Holdings | 0.22% | 95.75 | +4.00% | +7.68% | +2.85% | +6.77% | 38 |
| MRNA Moderna Inc | 0.22% | 55.81 | +0.31% | -6.46% | -17.04% | +89.23% | 0 |
| INCY Incyte Corp | 0.22% | 129.93 | +9.30% | +10.68% | +14.22% | +31.55% | 88 |
| SOON.SW SONOVA HOLDING AG | 0.17% | 223.00 | +2.29% | +11.28% | +16.82% | +7.68% | 95 |
| STMN.SW STRAUMANN HOLDING AG | 0.17% | 101.00 | +4.27% | +1.84% | -5.43% | +9.27% | 9 |
| COO Cooper Companies | 0.16% | 72.06 | +2.52% | +1.48% | +1.46% | -12.08% | 29 |
| RO.SW ROCHE HOLDING AG | 0.16% | 373.60 | +2.36% | +10.73% | +8.54% | +14.76% | 69 |
| SOLV Solventum Corporation | 0.15% | 86.17 | +7.08% | +9.63% | +8.35% | +8.75% | 68 |
| PODD Insulet Corp | 0.15% | 167.47 | +1.50% | +2.29% | +5.83% | -41.08% | 56 |
| RVTY Revvity Inc | 0.14% | 111.51 | +3.18% | +0.90% | -1.34% | +15.42% | 21 |
| ALGN Align Technology | 0.14% | 175.60 | +4.49% | -1.07% | -1.59% | +12.46% | 19 |
| BAX Baxter International | 0.13% | 24.37 | +4.41% | +9.73% | +10.57% | +27.65% | 78 |
| UHS Universal Health Services | 0.12% | 166.22 | +4.34% | +10.88% | +14.09% | -23.69% | 87 |
| CRL Charles River Laboratories | 0.10% | 240.43 | +7.19% | +9.59% | +11.44% | +20.53% | 79 |
| COLO-B.CO COLOPLAST B | 0.10% | 435.50 | +3.67% | +5.17% | +15.33% | -19.30% | 90 |
| TECH Bio-Techne Corp | 0.10% | 72.07 | +0.63% | +0.61% | +1.51% | +22.94% | 31 |
| HSIC Henry Schein Inc | 0.10% | 85.71 | +1.30% | -0.17% | +0.89% | +13.40% | 24 |
| DVA Davita Healthcare Partners | 0.09% | 239.46 | +1.33% | +0.92% | +10.33% | +110.77% | 77 |
| GETI-B.ST GETINGE B | 0.06% | 235.20 | +2.13% | +1.12% | +18.94% | +10.13% | 97 |
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.