Constituent dispersion · breadth vs the index
IXP — Global Communications
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 | -0.95% | +1.25 | +6pp | -0.45pp | Improving |
| 1 month | +2.75% | +0.72 | -29pp | -5.15pp | Confirming ↑ |
| 1 quarter | -5.56% | -2.42 | +13pp | +4.05pp | Confirming ↓ |
Over the last 126 sessions: price down -6.16%, breadth up (+0.56/name) · % beating 27→46 · median−ETF -3.65pp→-0.98pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.54% | +1.87% | +0.32pp | 32 / 4 | 23 / 13 | 19 of 36 | ±1.96% |
| 5d | -0.96% | +2.46% | +3.41pp | 28 / 8 | 30 / 6 | 2 of 36 | ±5.11% |
| 21d | +2.75% | +2.06% | -0.69pp | 23 / 13 | 17 / 19 | 4 of 36 | ±9.02% |
| YTD | -4.92% | +1.03% | +5.95pp | 19 / 17 | 21 / 15 | 2 of 36 | ±18.52% |
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)
- GOOGL+2.19%+0.29pp
- GOOG+1.85%+0.19pp
- CMCSA+6.10%+0.14pp
- NFLX+2.83%+0.12pp
- DIS+2.32%+0.1pp
- DTE-0.78%-0.02pp
- SATS-4.14%-0.02pp
- META-0.08%-0.01pp
- EA-0.10%0pp
This month (21d)
- META+7.84%+1.16pp
- T+8.54%+0.35pp
- VOD+19.14%+0.15pp
- VZ+3.55%+0.15pp
- CMCSA+5.82%+0.14pp
- DTE-5.41%-0.17pp
- GOOGL-1.09%-0.14pp
- SATS-26.16%-0.12pp
- NFLX-1.92%-0.08pp
- WBD-4.23%-0.07pp
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)
- VOD+19.14%
- OMC+17.96%
- FOXA+15.21%
- FOX+12.46%
- NWSA+10.90%
- SATS-26.16%
- PSKY-16.29%
- TKO-13.81%
- TELIA.ST-5.51%
- DTE-5.41%
IXP — constituent leadership race
$100 in each covered IXP 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 — 36 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| META META Platforms Inc | 14.74% | 593.41 | -0.08% | -7.83% | +7.84% | -10.02% | 72 |
| GOOGL Alphabet Cl A | 13.27% | 333.71 | +2.19% | -3.87% | -1.09% | +6.69% | 25 |
| GOOG Alphabet Cl C | 10.54% | 332.60 | +1.85% | -3.93% | -0.62% | +6.07% | 28 |
| DIS Walt Disney Company | 4.53% | 98.89 | +2.32% | +2.86% | +0.87% | -13.08% | 39 |
| VZ Verizon Communications | 4.21% | 48.19 | +1.84% | +10.07% | +3.55% | +22.18% | 56 |
| NFLX Netflix Inc | 4.18% | 72.39 | +2.83% | +5.42% | -1.92% | -22.79% | 22 |
| T AT&T Inc | 4.12% | 24.66 | +0.98% | +10.78% | +8.54% | +1.49% | 78 |
| DTE Dte Energy Company | 3.06% | 146.08 | -0.78% | +0.72% | -5.41% | +14.15% | 11 |
| TMUS T-Mobile US | 2.38% | 182.39 | +2.92% | -4.39% | -0.16% | -9.74% | 31 |
| CMCSA Comcast Corp A | 2.37% | 24.19 | +6.10% | +1.60% | +5.82% | -11.62% | 69 |
| WBD Discovery Inc Series A | 1.77% | 25.61 | +1.31% | -0.85% | -4.23% | -11.14% | 17 |
| EA Electronic Arts Inc | 1.20% | 208.87 | -0.10% | -0.08% | +1.76% | +2.32% | 47 |
| TTWO Take-Two Interactive | 1.09% | 247.62 | +1.50% | +4.95% | +3.81% | -3.28% | 61 |
| ORA Ormat Technologies | 1.03% | 17.18 | +4.63% | +6.12% | +2.35% | +20.95% | 50 |
| VOD Vodafone Grp Plc ADR | 0.78% | 123.25 | +2.58% | +7.78% | +19.14% | +26.94% | 97 |
| LYV Live Nation Entertainment | 0.69% | 180.87 | +0.82% | +1.71% | +0.79% | +26.93% | 36 |
| UMG.AS UNIVERSAL MUSIC GROUP NV | 0.65% | 19.35 | +2.14% | +4.57% | +4.62% | -11.80% | 64 |
| OMC Omnicom Group Inc | 0.61% | 86.22 | +4.62% | +8.85% | +17.96% | +7.84% | 94 |
| SCMN.SW SWISSCOM AG | 0.58% | 638.50 | +1.11% | +2.32% | +0.95% | +15.26% | 42 |
| KPN.AS KONINKLIJKE KPN NV | 0.54% | 4.20 | +1.08% | +0.78% | -5.24% | +8.06% | 14 |
| T AT&T Inc | 0.51% | 24.66 | +0.98% | +10.78% | +8.54% | +1.49% | 78 |
| CLNX.MC CELLNEX TELECOM | 0.51% | 27.21 | +3.15% | +12.48% | +1.68% | +0.57% | 44 |
| TEF.MC Telefonica S.A. ADR | 0.49% | 3.73 | +1.89% | +4.87% | +3.79% | +6.67% | 58 |
| SATS Echostar Corp | 0.46% | 92.03 | -4.14% | -8.74% | -26.16% | -15.34% | 0 |
| CHTR Charter Communications | 0.34% | 139.97 | +6.35% | +9.53% | +4.74% | -32.95% | 67 |
| FOXA Fox Corp Cl A | 0.34% | 57.72 | +1.91% | +0.26% | +15.21% | -20.62% | 92 |
| TKO Tko Group Holdings Cl A | 0.33% | 186.06 | +1.75% | +2.40% | -13.81% | -10.62% | 6 |
| TELIA.ST TELIA COMPANY | 0.33% | 45.62 | +1.36% | +2.93% | -5.51% | +18.44% | 8 |
| TEL Te Connectivity Ltd | 0.28% | 214.29 | +3.23% | +2.53% | +8.37% | -5.16% | 75 |
| NWSA News Corp Cl A | 0.26% | 28.18 | +3.26% | +2.38% | +10.90% | +8.34% | 86 |
| TTD Trade Desk Inc | 0.25% | 18.91 | +5.76% | +3.62% | +2.94% | -50.18% | 53 |
| FOX Fox Corp Cl B | 0.21% | 51.63 | +1.61% | +0.31% | +12.46% | -20.06% | 89 |
| ELISA.HE ELISA | 0.18% | 35.52 | +2.36% | +4.04% | -4.21% | -4.52% | 19 |
| CAR Avis Budget Group | 0.18% | 166.32 | +1.61% | +2.51% | -0.10% | +29.61% | 33 |
| NWS News Corp Cl B | 0.10% | 31.81 | +2.88% | +1.92% | +10.72% | +7.75% | 83 |
| PSKY Paramount Skydance Corp Cl B | 0.08% | 8.07 | +0.50% | -5.39% | -16.29% | -39.46% | 3 |
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.