Constituent dispersion · breadth vs the index
IXN — iShares Global Tech
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 | -4.69% | -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
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 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.
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.