Constituent dispersion · breadth vs the index

JXI — Global Utilities

43/66 covered · 79% by weight · benchmark: JXI price · closes through 2026-07-28 ·holdings as of 2026-06-16

Concentration 31.57% in top 5 27.93 effective names · HHI 358
RS vs S&P 500 21d -2.30pp sector return − SPY
RS vs Nasdaq-100 21d +3.72pp sector return − QQQ
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price -0.67% · A/D -48 (-1.12/name)
JXI 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 +0.44% +0.88 -2pp -0.78pp Improving
1 month -0.67% -1.12 -32pp -4.45pp Weakening
1 quarter -3.01% +2.44 +5pp -0.46pp Improving

Over the last 126 sessions: price up +3.76%, breadth up (+9.07/name) · % beating 49→47 · median−ETF -0.09pp→-1.02pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.61% -0.02% +0.59pp 19 / 22 31 / 12 24 of 43 ±1.81%
5d +0.44% +1.60% +1.16pp 30 / 13 28 / 15 11 of 43 ±2.73%
21d -0.67% -1.86% -1.20pp 15 / 28 18 / 25 5 of 43 ±4.87%
YTD +8.01% +13.12% +5.11pp 39 / 4 33 / 10 3 of 43 ±11.73%

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)

  • NEE+0.51%+0.04pp
  • AWK+2.59%+0.03pp
  • EIX+1.46%+0.02pp
  • PCG+1.02%+0.02pp
  • SO+0.31%+0.01pp
  • CEG-3.77%-0.15pp
  • VST-5.37%-0.11pp
  • IBE.MC-1.55%-0.1pp
  • NRG-6.55%-0.08pp
  • ENGI.PA-3.11%-0.08pp

This month (21d)

  • CNA+14.37%+0.08pp
  • NEE+0.81%+0.07pp
  • EIX+5.44%+0.07pp
  • D+1.77%+0.05pp
  • AWK+4.04%+0.04pp
  • VST-9.08%-0.19pp
  • NRG-14.60%-0.19pp
  • IBE.MC-2.27%-0.14pp
  • AEP-4.09%-0.13pp
  • ENGI.PA-4.53%-0.12pp

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)

  • CNA+14.37%
  • NTGY.MC+6.49%
  • APA+5.82%
  • EIX+5.44%
  • UU.LSE+5.24%
  • NRG-14.60%
  • VST-9.08%
  • NI-6.83%
  • CMS-5.63%
  • PEG-5.54%

JXI — constituent leadership race

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

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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 — 43 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
NEE Nextera Energy 8.26% 89.28 +0.51% +1.54% +0.81% +11.97% 67
IBE.MC IBERDROLA SA 6.28% 20.90 -1.55% -1.97% -2.27% +14.78% 44
SO Southern Company 4.59% 96.78 +0.31% +3.12% -0.39% +11.86% 58
DUK Duke Energy Corp 4.29% 129.24 +0.32% +2.64% +0.65% +11.20% 65
CEG Constellation Energy Corp 3.94% 259.82 -3.77% -0.92% -1.59% -26.35% 53
NG.LSE NATIONAL GRID PLC 3.77% 1218.00 -0.37% -0.49% -2.91% +9.47% 33
AEP American Electric Power 3.10% 133.02 -0.43% +1.95% -4.09% +16.27% 26
SRE Sempra 2.64% 90.56 -0.76% -0.03% -3.94% +3.29% 28
ENGI.PA ENGIE SA 2.59% 26.16 -3.11% -3.22% -4.53% +22.62% 16
D Dominion Energy Inc 2.58% 70.62 +0.50% +1.10% +1.77% +23.04% 72
ETR Entergy Corp 2.25% 112.32 -1.27% +0.09% -3.10% +22.99% 30
XEL XCEL Energy Inc 2.10% 80.33 -0.47% +2.05% -2.31% +9.56% 42
VST Vistra Energy Corp 2.09% 148.64 -5.37% -8.43% -9.08% -7.74% 2
EXC Exelon Corp 2.05% 47.31 +0.34% +3.09% -0.19% +9.46% 60
PEG Public Service Enterprise Group 1.73% 78.95 -0.33% +1.96% -5.54% -0.89% 9
ED Consolidated Edison Company 1.72% 111.98 +0.43% +1.98% -0.07% +14.58% 63
WEC Wisconsin Energy Corp 1.61% 113.61 -0.18% +1.60% -4.41% +9.57% 23
PCG Pacific Gas & Electric Company 1.60% 17.78 +1.02% +1.66% +2.60% +10.96% 79
AEE Ameren Corp 1.34% 112.51 +0.36% +2.34% -4.91% +13.43% 14
DTE Dte Energy Company 1.32% 146.08 -0.78% +0.72% -5.41% +14.15% 12
ATO Atmos Energy Corp 1.30% 179.38 +0.65% +2.47% +2.40% +8.21% 74
NRG NRG Energy 1.29% 127.56 -6.55% -3.07% -14.60% -19.40% 0
CNP Centerpoint Energy 1.22% 44.10 +0.20% +3.23% -2.09% +16.29% 47
EIX Edison International 1.20% 79.79 +1.46% +2.07% +5.44% +36.53% 91
PPL PPL Corp 1.19% 36.33 +0.89% +2.60% -1.86% +4.52% 49
ES Eversource Energy 1.16% 75.39 +0.94% +3.20% +2.60% +14.50% 81
AWK American Water Works 1.07% 138.04 +2.59% +4.95% +4.04% +7.26% 84
FE Firstenergy Corp 1.05% 49.65 +0.67% +2.60% +2.43% +13.12% 77
NI NiSource Inc 1.01% 45.73 -0.17% +0.79% -6.83% +10.95% 5
CMS Cms Energy Corp 1.00% 74.37 +0.13% +2.58% -5.63% +7.98% 7
EVRG Evergy Inc 0.86% 85.66 -0.21% +0.87% -1.78% +20.16% 51
LNT Alliant Energy Corp 0.83% 73.79 -0.19% +0.93% -4.48% +15.29% 19
EDP.LS EDP ENERGIAS DE PORTUGAL SA 0.69% 4.50 -0.02% -1.03% -0.97% +20.39% 56
UU.LSE UNITED UTILITIES GROUP PLC 0.60% 1385.00 +1.39% +2.52% +5.24% +16.00% 88
H Hyatt Hotels Corp 0.60% 188.83 -1.23% -0.36% -4.48% +17.99% 21
CNA CNA Financial Corp 0.54% 55.31 +2.09% +5.11% +14.37% +18.28% 98
PNW Pinnacle West Capital Corp 0.54% 105.33 -0.05% -0.30% -2.54% +20.98% 37
ORSTED.CO ORSTED A/S 0.53% 141.55 -3.54% -5.54% -2.81% +15.69% 35
NTGY.MC NATURGY ENERGY GROUP SA 0.53% 29.52 -0.81% +5.28% +6.49% +15.98% 95
FORTUM.HE FORTUM 0.47% 19.50 -3.01% -3.63% -2.43% +10.99% 40
AES The Aes Corp 0.47% 14.83 +0.00% +0.07% +1.09% +5.93% 70
APA Apa Corp 0.43% 34.93 +0.55% -1.66% +5.82% +45.13% 93
RED.MC REDEIA CORPORACION SA 0.21% 15.71 +0.00% +1.88% +4.87% +4.93% 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.

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Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.