Constituent dispersion · breadth vs the index
MXI — Global Materials
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 | +2.78% | +1.54 | — | — | Confirming ↑ |
| 1 month | +1.61% | +1.19 | — | — | Confirming ↑ |
| 1 quarter | +4.67% | +0.23 | — | — | Confirming ↑ |
Over the last 126 sessions: price up +7.26%, breadth up (+0.27/name) · % beating —→— · median−ETF —→—.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.30% | +1.50% | +0.19pp | 42 / 9 | 29 / 23 | 20 of 52 | ±2.54% |
| 5d | +2.71% | +2.58% | -0.13pp | 38 / 14 | 26 / 26 | 6 of 52 | ±5.78% |
| 21d | -0.03% | +2.84% | +2.88pp | 32 / 18 | 33 / 18 | 5 of 51 | ±7.05% |
| YTD | +11.25% | +11.19% | -0.06pp | 34 / 14 | 24 / 25 | 2 of 49 | ±19.69% |
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)
- SHW+8.25%+0.19pp
- NUE+7.17%+0.12pp
- ECL+4.24%+0.09pp
- SIKA.XETRA+9.00%+0.09pp
- LIN+0.82%+0.06pp
- NEM-2.09%-0.08pp
- GLEN.LSE-2.43%-0.06pp
- FCX-1.72%-0.05pp
- ALB-2.60%-0.02pp
- BOL.ST-1.77%-0.01pp
This month (21d)
- NUE+11.05%+0.19pp
- CTVA+7.66%+0.13pp
- APD+6.08%+0.13pp
- CF+16.29%+0.1pp
- IP+13.75%+0.08pp
- AAL-14.05%-0.28pp
- NEM-4.80%-0.19pp
- CRH-7.94%-0.18pp
- LIN-1.62%-0.13pp
- RIO-2.98%-0.11pp
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)
- CF+16.29%
- S32.LSE+15.64%
- IP+13.75%
- MNDI.LSE+11.33%
- SCA-B.ST+11.15%
- ALB-15.36%
- AAL-14.05%
- BOL.ST-12.80%
- CRH-7.94%
- VMC-7.36%
MXI — constituent leadership race
$100 in each covered MXI constituent at 2026-01-06, 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 — 52 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| LIN Linde Plc | 7.90% | 511.18 | +0.82% | +1.22% | -1.62% | +20.29% | 25 |
| AI C3.Ai Inc Cl A | 3.96% | 8.90 | +0.91% | +3.61% | +0.00% | -33.98% | 35 |
| NEM Newmont Mining Corp | 3.89% | 91.52 | -2.09% | -1.05% | -4.80% | -7.94% | 16 |
| RIO Rio Tinto Plc ADR | 3.65% | 6865.00 | +0.48% | +1.36% | -2.98% | +17.66% | 22 |
| FCX Freeport-Mcmoran Inc | 2.94% | 61.64 | -1.72% | -1.47% | -1.30% | +21.93% | 27 |
| GLEN.LSE GLENCORE PLC | 2.41% | 506.50 | -2.43% | -4.05% | -0.88% | +24.60% | 29 |
| SHW Sherwin-Williams Company | 2.35% | 354.27 | +8.25% | +11.24% | +2.96% | +9.57% | 51 |
| CRH CRH Plc ADR | 2.23% | 103.40 | +0.52% | +3.67% | -7.94% | -16.55% | 6 |
| APD Air Products and Chemicals | 2.13% | 292.85 | +0.09% | -1.19% | +6.08% | +20.17% | 73 |
| ECL Ecolab Inc | 2.10% | 282.90 | +4.24% | +7.08% | -0.26% | +8.05% | 33 |
| AAL American Airlines Gp | 1.97% | 15.36 | +2.74% | +0.52% | -14.05% | +0.20% | 2 |
| CTVA Corteva Inc | 1.75% | 88.95 | +1.56% | +2.31% | +7.66% | +33.31% | 76 |
| NUE Nucor Corp | 1.70% | 265.62 | +7.17% | +13.90% | +11.05% | +63.40% | 88 |
| RIO Rio Tinto Plc ADR | 1.58% | 6865.00 | +0.48% | +1.36% | -2.98% | +17.66% | 22 |
| HOLN.SW HOLCIM LTD AG | 1.52% | 74.24 | +0.24% | -0.22% | +2.80% | -2.23% | 47 |
| VMC Vulcan Materials Company | 1.14% | 288.42 | +1.38% | +4.22% | -7.36% | +1.51% | 8 |
| K Kellanova | 1.13% | 83.44 | +0.00% | +0.35% | — | +0.00% | — |
| MLM Martin Marietta Materials | 1.07% | 583.67 | +2.03% | +6.64% | -5.26% | -6.01% | 12 |
| STLD Steel Dynamics Inc | 1.05% | 259.74 | +3.78% | +11.23% | +6.04% | +53.76% | 71 |
| SIKA.XETRA SIKA AG | 0.96% | 190.10 | +9.00% | +13.05% | +7.67% | +11.35% | 78 |
| GIVN.SW GIVAUDAN SA | 0.95% | 3296.00 | +2.42% | -2.05% | -3.40% | +7.66% | 20 |
| DOW Dow Inc | 0.85% | 28.85 | +0.35% | -5.32% | -0.65% | +26.13% | 31 |
| HEI Heico Corp | 0.83% | 363.44 | +1.76% | +6.77% | +5.32% | +12.36% | 67 |
| PPG PPG Industries | 0.79% | 119.01 | +0.46% | +2.85% | -3.43% | +17.58% | 18 |
| DSFIR.SW DSM FIRMENICH AG | 0.68% | 77.90 | +1.70% | +0.65% | +3.04% | — | 53 |
| ALB Albemarle Corp | 0.66% | 113.16 | -2.60% | -4.60% | -15.36% | -19.80% | 0 |
| SW Smurfit Westrock Plc | 0.65% | 50.80 | +1.42% | +17.97% | +8.13% | +34.04% | 80 |
| DD Dupont Denemours Inc | 0.63% | 140.77 | +0.58% | +1.43% | +2.59% | — | 45 |
| IFF International Flavors & Fragrances | 0.63% | 79.25 | +3.73% | +3.92% | +3.80% | +18.29% | 57 |
| PKG Packaging Corp of America | 0.63% | 253.24 | +0.34% | +10.97% | +4.84% | +23.52% | 63 |
| CF Cf Industries Holdings | 0.63% | 122.92 | +2.62% | -0.03% | +16.29% | +60.44% | 98 |
| ANTO.LSE ANTOFAGASTA PLC | 0.59% | 3561.00 | +0.28% | -2.89% | -4.96% | +8.61% | 14 |
| LYB Lyondellbasell Industries NV | 0.59% | 58.22 | -0.68% | -4.85% | +4.47% | +37.51% | 59 |
| AMCR Amcor Plc | 0.58% | 46.69 | +3.21% | +7.48% | +8.51% | — | 84 |
| IP International Paper Company | 0.55% | 44.09 | +3.96% | +21.29% | +13.75% | +14.73% | 94 |
| BOL.ST BOLIDEN | 0.53% | 465.50 | -1.77% | -2.37% | -12.80% | -7.61% | 4 |
| NHY.OL NORSK HYDRO | 0.51% | 84.50 | -0.78% | +0.96% | -5.73% | +11.19% | 10 |
| UPM.HE UPM-KYMMENE | 0.51% | 23.19 | -0.22% | -1.19% | +0.69% | -3.77% | 37 |
| BALL Ball Corporation | 0.49% | 66.89 | +3.43% | +6.94% | +8.25% | +27.12% | 82 |
| SCCO Southern Copper Corp | 0.49% | 178.96 | -0.20% | -4.81% | +4.50% | +28.29% | 61 |
| S32.LSE SOUTH32 LTD | 0.44% | 236.60 | +1.98% | +3.59% | +15.64% | +35.31% | 96 |
| AVY Avery Dennison Corp | 0.41% | 169.13 | +3.74% | +8.59% | +2.03% | -5.95% | 41 |
| AKZA.AS AKZO NOBEL NV | 0.33% | 60.78 | +4.00% | +6.33% | +2.84% | +5.78% | 49 |
| YAR.OL YARA INTERNATIONAL | 0.31% | 443.00 | +1.19% | +0.75% | +2.57% | +7.00% | 43 |
| STERV.HE STORA ENSO CLASS R | 0.23% | 9.74 | +1.56% | +0.16% | +5.34% | -7.81% | 69 |
| MOS Mosaic Company | 0.23% | 23.08 | +3.31% | +5.05% | +3.13% | -2.40% | 55 |
| SCA-B.ST SVENSKA CELLULOSA B | 0.20% | 109.75 | +1.43% | +8.50% | +11.15% | -7.96% | 90 |
| CRDA.LSE CRODA INTERNATIONAL PLC | 0.18% | 3160.00 | +8.03% | +8.85% | +6.11% | +19.77% | 75 |
| SYENS.BR SYENSQO NV | 0.17% | 71.55 | +1.56% | +3.25% | +10.84% | +7.25% | 86 |
| JMAT.LSE JOHNSON MATTHEY PLC | 0.16% | 1959.00 | +2.83% | +1.35% | +1.93% | -5.75% | 39 |
| AKE.PA ARKEMA SA | 0.15% | 57.15 | +3.25% | +4.96% | +5.25% | +16.32% | 65 |
| MNDI.LSE MONDI PLC | 0.14% | 782.20 | +3.91% | +6.97% | +11.33% | -13.44% | 92 |
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.