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Constituent dispersion · breadth vs the index

IXN — iShares Global Tech

87/124 covered · 81% by weight · benchmark: IXN price · closes through 2026-11-10 ·holdings as of 2026-06-16

Concentration 49.47% in top 5 15.13 effective names · HHI 661
RS vs S&P 500 21d -10.53pp sector return − SPY
RS vs Nasdaq-100 21d -4.60pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -14.15% · A/D -36 (-0.41/name)
IXN 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 -4.69% -0.29 -2pp +3.40pp Confirming ↓
1 month -14.15% -0.41 +20pp +8.91pp Confirming ↓
1 quarter -10.81% -0.31 +1pp +4.34pp Confirming ↓

Over the last 126 sessions: price down -4.81%, breadth up (+1.22/name) · % beating 39→61 · median−ETF -8.96pp→+7.74pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -1.21% -0.24% +0.96pp 36 / 51 61 / 26 34 of 87 ±2.44%
5d -4.69% -2.65% +2.05pp 28 / 59 61 / 26 13 of 87 ±9.93%
21d -14.15% -7.24% +6.91pp 32 / 55 52 / 35 6 of 87 ±19.57%
YTD +20.84% +14.59% -6.25pp 53 / 34 40 / 47 1 of 87 ±56.92%

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)

  • AVGO+3.91%+0.19pp
  • AMD+1.30%+0.04pp
  • TXN+1.62%+0.02pp
  • NOKIA+5.18%+0.02pp
  • QCOM+1.20%+0.01pp
  • NVDA-5.47%-0.72pp
  • MSFT-2.20%-0.17pp
  • SNDK-13.47%-0.13pp
  • AAPL-0.62%-0.07pp
  • INTC-2.09%-0.05pp

This month (21d)

  • APP+46.01%+0.26pp
  • AAPL+2.21%+0.24pp
  • ACN+21.28%+0.1pp
  • IBM+7.71%+0.08pp
  • TXN+6.67%+0.08pp
  • NVDA-25.38%-3.32pp
  • INTC-42.64%-1.03pp
  • MU-26.67%-0.99pp
  • LRCX-28.16%-0.46pp
  • AMD-13.30%-0.42pp

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)

  • APP+46.01%
  • EPAM+45.21%
  • ROP+29.17%
  • GEN+28.52%
  • TYL+24.04%
  • INTC-42.64%
  • DELL-41.94%
  • LITE-41.17%
  • DDOG-37.90%
  • TER-36.07%

IXN — constituent leadership race

$100 in each covered IXN constituent at 2025-12-30, rebased to 100. Watch leadership change hands.

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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 — 87 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
NVDA Nvidia Corp 13.10% 168.89 -5.47% -18.29% -25.38% -9.33% 21
AAPL Apple Inc 11.00% 348.51 -0.62% +5.00% +2.21% +28.31% 70
MSFT Microsoft Corp 7.64% 533.16 -2.20% +2.34% -1.48% +10.50% 59
AVGO Broadcom Ltd 4.83% 331.98 +3.91% -0.05% -6.41% -3.88% 51
MU Micron Technology 3.72% 725.11 -1.10% -15.20% -26.67% +154.17% 17
AMD Adv Micro Devices 3.18% 515.21 +1.30% +6.47% -13.30% +140.57% 43
ASML ASML Holdings NY Reg ADR 2.62% 1507.85 -0.36% -2.85% -13.85% +41.43% 41
INTC Intel Corp 2.41% 58.13 -2.09% -4.00% -42.64% +57.53% 0
CSCO Cisco Systems Inc 2.03% 98.15 -0.51% -4.68% -14.90% +28.79% 37
LRCX Lam Research Corp 1.64% 222.39 +0.49% -3.61% -28.16% +30.16% 16
AMAT Applied Materials 1.47% 372.53 +0.53% -2.46% -25.12% +45.14% 23
ORCL Oracle Corp 1.40% 117.98 -1.51% -6.51% -14.13% -39.10% 40
PLTR Palantir Technologies Cl A 1.36% 168.82 -0.22% -3.75% -19.22% -5.02% 30
TXN Texas Instruments 1.17% 300.52 +1.62% -3.83% +6.67% +74.35% 76
KLAC K L A-Tencor Corp 1.05% 152.99 +1.06% -2.06% -19.53% +26.38% 29
IBM Intl Business Machines 1.02% 244.53 +0.05% -1.53% +7.71% -16.98% 79
SNDK Sandisk Corp 0.99% 1150.89 -13.47% -7.04% -35.62% +384.83% 7
QCOM Qualcomm Inc 0.99% 173.53 +1.20% +5.53% -0.52% +2.10% 62
PANW Palo Alto Networks 0.88% 326.36 -1.37% -6.81% -19.18% +77.18% 31
ADI Analog Devices 0.81% 393.30 -0.34% -6.31% -3.19% +45.48% 54
SAP SAP Ag ADR 0.77% 233.74 -1.55% +1.49% +7.29% -3.78% 78
STX Seagate Technology Holdings 0.77% 501.62 -0.89% -17.28% -33.41% +82.47% 9
CRM Salesforce Inc 0.72% 213.48 -0.68% -3.92% -8.74% -19.21% 45
WDC Western Digital Corp 0.71% 289.20 -0.20% -16.74% -25.26% +67.96% 22
CRWD Crowdstrike Holdings 0.71% 225.76 -1.23% -7.73% -14.16% +92.64% 39
APH Amphenol Corp 0.67% 79.95 -0.94% -5.04% -7.24% +18.73% 49
ANET Arista Networks Inc 0.66% 185.02 -0.62% +8.89% -12.26% +41.20% 44
GLW Corning Inc 0.65% 112.13 -3.29% -11.11% -23.87% +28.30% 24
APP Applovin Corp Cl A 0.57% 395.51 -3.53% +61.10% +46.01% -41.30% 99
SHOP Shopify Inc 0.56% 146.61 -3.58% +2.83% -18.20% -8.92% 33
ACN Accenture Plc 0.47% 258.51 +1.63% +1.55% +21.28% -2.26% 93
NOW Servicenow Inc 0.45% 99.61 -3.07% -8.75% -29.01% -34.98% 15
IFX INFINEON TECHNOLOGIES AG 0.45% 49.05 +0.87% -6.39% -14.28% +31.00% 38
ADBE Adobe Systems Inc 0.43% 236.70 -0.26% -3.84% -0.60% -32.37% 61
CDNS Cadence Design Sys 0.42% 331.64 -1.45% +2.44% -4.82% +6.10% 53
SNPS Synopsys Inc 0.42% 459.95 -1.50% -0.63% -8.47% -2.08% 46
INTU Intuit Inc 0.37% 340.44 +0.65% -1.24% +11.26% -48.35% 84
CIEN Ciena Corp 0.36% 272.10 +1.03% -9.32% -32.82% +16.35% 11
FTNT Fortinet Inc 0.36% 123.57 +0.90% -3.54% -35.95% +55.61% 6
MPWR Monolithic Power Sys 0.33% 1357.60 -2.19% +2.21% +2.91% +50.09% 72
NOKIA NOKIA 0.33% 80.88 +5.18% -3.92% -22.42% +35.52% 26
NXPI Nxp Semiconductors 0.33% 261.56 +2.00% -0.47% +16.14% +21.13% 89
DELL Dell Technologies Inc 0.33% 334.38 -3.44% -18.12% -41.94% +167.62% 1
DDOG Datadog Inc Cl A 0.31% 178.40 -0.68% -19.10% -37.90% +31.19% 3
COHR Coherent Corp 0.31% 214.66 -4.68% +3.46% -25.47% +16.30% 20
LITE Lumentum Holdings 0.30% 585.57 -1.78% -13.91% -41.17% +58.87% 2
MSI Motorola Solutions 0.29% 527.38 -0.11% +7.41% +18.16% +37.95% 92
TEL Te Connectivity Ltd 0.26% 217.76 -0.45% -0.91% +0.22% -3.62% 63
KEYS Keysight Technologies 0.25% 291.46 +0.86% -4.47% -22.83% +43.44% 25
TER Teradyne Inc 0.24% 245.40 -0.24% -8.89% -36.07% +26.84% 5
ADSK Autodesk Inc 0.22% 260.11 -1.23% +3.09% +11.38% -12.13% 85
MCHP Microchip Technology 0.21% 60.33 -1.90% -22.55% -18.29% -4.76% 32
HPE Hewlett Packard Enterprise 0.20% 47.93 +0.82% -9.74% -31.85% +100.83% 13
ON On Semiconductor 0.19% 69.61 +0.72% -4.12% -8.41% +28.55% 47
CLS Celestica Inc 0.18% 223.89 +0.44% -13.87% -35.57% -24.26% 8
JBL Jabil Circuit 0.16% 249.82 -1.08% -8.05% -19.93% +9.62% 28
ROP Roper Industries 0.15% 474.47 +0.60% +0.19% +29.17% +7.08% 97
Q Qnity Electronics Inc 0.14% 123.64 -1.16% +4.00% +0.35% +51.60% 66
FICO Fair Isaac and Company 0.13% 730.66 +0.95% +0.87% -1.26% -56.78% 60
TDY Teledyne Technologies 0.12% 646.13 +0.43% -2.64% +5.29% +26.51% 74
FSLR First Solar Inc 0.12% 180.98 -5.55% -2.65% +0.70% -30.72% 67
WDAY Workday Inc 0.11% 188.89 -0.69% -4.57% +0.34% -12.05% 64
VRSN Verisign Inc 0.11% 311.12 +1.72% -0.88% +2.78% +28.88% 71
CTSH Cognizant Tech Sol 0.11% 65.00 +2.20% +1.83% +8.91% -21.29% 80
NTAP Netapp Inc 0.11% 175.99 -0.05% -7.75% -26.42% +65.99% 18
HLMA HALMA PLC 0.10% 3470.00 +0.99% -0.17% -1.98% -1.92% 57
FFIV F5 Inc 0.09% 317.31 -0.14% -4.18% -32.98% +24.31% 10
AKAM Akamai Technologies 0.09% 83.71 +4.26% -3.26% -17.65% -4.06% 34
HPQ HP Inc 0.09% 28.42 +0.60% +0.53% -4.85% +29.63% 52
CAP Capitol Investment Corp V Cl A 0.08% 123.20 -0.08% -1.60% +6.81% -13.39% 77
PTC Ptc Inc 0.08% 196.55 +0.35% +1.28% +1.11% +12.82% 68
SMCI Super Micro Computer 0.07% 27.79 -2.83% -11.47% -30.49% -5.06% 14
DSY Big Tree Cloud Holdings Limited 0.07% 25.26 -1.90% +1.12% +13.94% +5.96% 87
LOGN Logansport Financial Corp 0.06% 80.18 +1.31% +5.00% -3.05% -1.67% 55
CDW CDW Corp 0.06% 169.36 +2.89% +13.08% +17.81% +25.71% 91
GEN Gen Digital Inc 0.06% 30.01 +0.70% +1.01% +28.52% +11.56% 95
TRMB Trimble Navigation 0.06% 54.75 +0.13% -16.55% -7.97% -30.12% 48
TYL Tyler Technologies 0.06% 421.66 +0.83% +4.31% +24.04% -7.11% 94
GDDY Godaddy Inc 0.05% 113.13 +1.27% -0.28% +10.56% -8.82% 82
ZBRA Zebra Technologies 0.05% 321.38 -1.63% -2.46% -17.20% +32.35% 36
SGE Strong Global Entertainment Cl A 0.05% 1148.50 -0.73% -0.91% +5.90% +8.50% 75
IT Gartner Inc 0.05% 188.92 -1.10% -7.49% -2.67% -25.11% 56
SWKS Skyworks Solutions 0.05% 82.71 -0.14% -3.15% +10.72% +33.14% 83
NXT Nextpower Inc 0.03% 99.82 -4.83% +3.96% +17.63% +14.59% 90
OTEX Open Text Corp 0.03% 24.56 -1.44% -4.66% +1.57% -22.91% 69
EPAM Epam Systems Inc 0.02% 164.14 +4.67% +18.80% +45.21% -19.88% 98
TEMN TEMENOS AG 0.02% 78.50 +0.77% +2.15% +12.14% -1.38% 86

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

IXN dispersion — data Q&A

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

As of 2026-11-10: over 21 sessions the fund returned -14.15% while its median constituent returned -7.24% — a dispersion of 19.57 pp; 60% of 87 members beat the fund. Broad decline - breadth is falling with price.

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

As of 2026-11-10: fund -1.21%, median member -0.24%, 36 advancers vs 51 decliners.

What does the dispersion page for IXN 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. 87 constituents covered, re-baked nightly from the Closelooknet lake.

Is this investment advice?

No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.