Constituent dispersion · breadth vs the index
JXI — Global Utilities
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 | -2.55% | -1.93 | +14pp | +0.39pp | Confirming ↓ |
| 1 month | -4.29% | -3.35 | +7pp | +0.35pp | Confirming ↓ |
| 1 quarter | -4.66% | -2.84 | -37pp | -4.09pp | Confirming ↓ |
Over the last 126 sessions: price down -9.38%, breadth down (-1.65/name) · % beating 65→47 · median−ETF +1.78pp→-0.43pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -1.68% | -0.83% | +0.85pp | 8 / 35 | 31 / 12 | 20 of 43 | ±1.62% |
| 5d | -2.55% | -2.01% | +0.54pp | 3 / 40 | 30 / 13 | 17 of 43 | ±3.16% |
| 21d | -4.29% | -4.72% | -0.43pp | 5 / 38 | 20 / 23 | 13 of 43 | ±6.18% |
| YTD | +1.17% | +2.47% | +1.30pp | 29 / 14 | 27 / 16 | 4 of 43 | ±16.93% |
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)
- AWK+0.89%+0.01pp
- ATO+0.40%+0.01pp
- CNA+0.88%+0pp
- D+0.16%+0pp
- APA+0.67%+0pp
- CEG-7.09%-0.28pp
- IBE.MC-2.21%-0.14pp
- VST-5.16%-0.11pp
- NG.LSE-2.26%-0.09pp
- NEE-0.83%-0.07pp
This month (21d)
- FORTUM.HE+17.68%+0.08pp
- APA+12.58%+0.05pp
- AWK+1.80%+0.02pp
- EDP.LS+1.50%+0.01pp
- AES+0.48%+0pp
- NEE-5.09%-0.42pp
- PCG-22.11%-0.35pp
- NG.LSE-7.96%-0.3pp
- SO-5.47%-0.25pp
- EIX-20.59%-0.25pp
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)
- FORTUM.HE+17.68%
- APA+12.58%
- AWK+1.80%
- EDP.LS+1.50%
- AES+0.48%
- PCG-22.11%
- EIX-20.59%
- NRG-9.42%
- H-8.97%
- ENGI.PA-8.44%
JXI — constituent leadership race
$100 in each covered JXI 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 — 43 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| NEE Nextera Energy | 8.26% | 81.63 | -0.83% | -2.16% | -5.09% | +2.38% | 42 |
| IBE.MC IBERDROLA SA | 6.28% | 19.72 | -2.21% | -0.58% | -2.40% | +8.27% | 74 |
| SO Southern Company | 4.59% | 87.00 | -0.20% | -1.26% | -5.47% | +0.55% | 30 |
| DUK Duke Energy Corp | 4.29% | 119.02 | -0.33% | -1.00% | -3.55% | +2.41% | 65 |
| CEG Constellation Energy Corp | 3.94% | 264.57 | -7.09% | -11.50% | -4.90% | -25.01% | 47 |
| NG.LSE NATIONAL GRID PLC | 3.77% | 1105.00 | -2.26% | -3.83% | -7.96% | -0.68% | 12 |
| AEP American Electric Power | 3.10% | 122.23 | -0.89% | -1.82% | -2.51% | +6.84% | 72 |
| SRE Sempra | 2.64% | 82.99 | -0.42% | -1.25% | -4.04% | -5.35% | 53 |
| ENGI.PA ENGIE SA | 2.59% | 23.55 | -1.79% | -2.61% | -8.44% | +10.39% | 9 |
| D Dominion Energy Inc | 2.58% | 64.46 | +0.16% | -2.10% | -5.95% | +12.30% | 28 |
| ETR Entergy Corp | 2.25% | 103.64 | -1.60% | -3.38% | -3.06% | +13.48% | 70 |
| XEL XCEL Energy Inc | 2.10% | 74.16 | -1.77% | -2.06% | -6.10% | +1.15% | 23 |
| VST Vistra Energy Corp | 2.09% | 140.73 | -5.16% | -5.74% | -3.87% | -12.65% | 58 |
| EXC Exelon Corp | 2.05% | 42.72 | -1.02% | -2.11% | -6.32% | -1.16% | 21 |
| PEG Public Service Enterprise Group | 1.73% | 70.92 | -2.03% | -2.90% | -6.60% | -10.97% | 16 |
| ED Consolidated Edison Company | 1.72% | 105.78 | -0.64% | -1.41% | -1.61% | +8.24% | 84 |
| WEC Wisconsin Energy Corp | 1.61% | 105.17 | -0.15% | -0.73% | -3.80% | +1.43% | 60 |
| PCG Pacific Gas & Electric Company | 1.60% | 13.60 | -1.45% | -4.90% | -22.11% | -15.13% | 0 |
| AEE Ameren Corp | 1.34% | 103.97 | -0.89% | -1.66% | -4.72% | +4.82% | 49 |
| DTE Dte Energy Company | 1.32% | 131.13 | -1.09% | -3.64% | -6.02% | +2.47% | 26 |
| ATO Atmos Energy Corp | 1.30% | 163.84 | +0.40% | -2.22% | -3.60% | -1.16% | 63 |
| NRG NRG Energy | 1.29% | 108.47 | -4.40% | -8.86% | -9.42% | -31.46% | 5 |
| CNP Centerpoint Energy | 1.22% | 38.65 | -1.18% | -2.57% | -3.95% | +1.92% | 56 |
| EIX Edison International | 1.20% | 56.13 | +0.23% | -1.13% | -20.59% | -3.96% | 2 |
| PPL PPL Corp | 1.19% | 33.79 | -0.85% | -2.96% | -5.30% | -2.79% | 35 |
| ES Eversource Energy | 1.16% | 68.33 | -0.28% | -3.83% | -5.39% | +3.77% | 33 |
| AWK American Water Works | 1.07% | 138.92 | +0.89% | -1.27% | +1.80% | +7.94% | 93 |
| FE Firstenergy Corp | 1.05% | 45.83 | -0.65% | -2.01% | -2.16% | +4.41% | 81 |
| NI NiSource Inc | 1.01% | 41.07 | -0.82% | -0.77% | -2.40% | -0.36% | 77 |
| CMS Cms Energy Corp | 1.00% | 66.82 | -0.49% | -2.40% | -5.23% | -2.98% | 40 |
| EVRG Evergy Inc | 0.86% | 80.86 | -0.93% | -0.83% | -2.34% | +13.43% | 79 |
| LNT Alliant Energy Corp | 0.83% | 66.92 | -0.51% | -1.54% | -4.67% | +4.55% | 51 |
| EDP.LS EDP ENERGIAS DE PORTUGAL SA | 0.69% | 4.61 | -3.82% | -1.64% | +1.50% | +23.34% | 91 |
| UU.LSE UNITED UTILITIES GROUP PLC | 0.60% | 1320.00 | -0.30% | -1.27% | -7.24% | +10.55% | 14 |
| H Hyatt Hotels Corp | 0.60% | 163.71 | +0.39% | -1.29% | -8.97% | +2.29% | 7 |
| CNA CNA Financial Corp | 0.54% | 48.09 | +0.88% | -0.78% | -5.09% | +2.84% | 44 |
| PNW Pinnacle West Capital Corp | 0.54% | 95.40 | -0.73% | -2.17% | -5.28% | +9.57% | 37 |
| ORSTED.CO ORSTED A/S | 0.53% | 130.40 | -3.66% | -6.72% | -6.32% | +6.58% | 19 |
| NTGY.MC NATURGY ENERGY GROUP SA | 0.53% | 28.94 | -1.83% | -2.03% | -0.34% | +13.70% | 86 |
| FORTUM.HE FORTUM | 0.47% | 23.40 | -2.46% | +10.33% | +17.68% | +33.22% | 98 |
| AES The Aes Corp | 0.47% | 14.80 | +0.07% | +0.07% | +0.48% | +5.72% | 88 |
| APA Apa Corp | 0.43% | 45.03 | +0.67% | +5.28% | +12.58% | +87.09% | 95 |
| RED.MC REDEIA CORPORACION SA | 0.21% | 14.69 | -0.74% | -1.41% | -3.16% | -1.88% | 67 |
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
JXI dispersion — data Q&A
Is JXI's move broad or carried by a few names (21 sessions)?
As of 2026-09-14: over 21 sessions the fund returned -4.29% while its median constituent returned -4.72% — a dispersion of 6.18 pp; 47% of 43 members beat the fund. Broad decline - breadth is falling with price.
How did JXI's members trade in the last session?
As of 2026-09-14: fund -1.68%, median member -0.83%, 8 advancers vs 35 decliners.
What does the dispersion page for JXI 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. 43 constituents covered, re-baked nightly from the Closelook lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.