Constituent dispersion · breadth vs the index
QTUM — Defiance Quantum
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 | -5.76% | -1.16 | -3pp | -0.85pp | Confirming ↓ |
| 1 month | -12.27% | -1.92 | +2pp | +2.33pp | Confirming ↓ |
| 1 quarter | +3.75% | -1.97 | +5pp | +2.38pp | Weakening |
Over the last 126 sessions: price up +14.28%, breadth down (-0.23/name) · % beating 44→52 · median−ETF -2.35pp→+0.80pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -2.81% | -1.86% | +0.96pp | 21 / 41 | 34 / 28 | 7 of 62 | ±4.12% |
| 5d | -5.76% | -4.59% | +1.17pp | 16 / 44 | 36 / 25 | 7 of 61 | ±9.79% |
| 21d | -12.27% | -11.79% | +0.47pp | 20 / 41 | 31 / 30 | 2 of 61 | ±16.98% |
| YTD | +25.04% | +17.21% | -7.83pp | 36 / 24 | 25 / 35 | 0 of 60 | ±49.86% |
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)
- IBM+5.21%+0.04pp
- ACN+6.88%+0.04pp
- NTNX+3.87%+0.03pp
- CRM+4.55%+0.02pp
- GOOGL+2.19%+0.02pp
- MU-8.85%-0.28pp
- MRVL-7.77%-0.2pp
- ARM-8.11%-0.19pp
- COHR-10.31%-0.18pp
- MKSI-9.63%-0.18pp
This month (21d)
- NTNX+18.77%+0.17pp
- ACN+27.66%+0.15pp
- RTX+16.27%+0.15pp
- LMT+14.57%+0.14pp
- BABA+21.50%+0.13pp
- MRVL-34.60%-0.9pp
- MU-27.52%-0.88pp
- INTC-32.75%-0.86pp
- STM-29.77%-0.75pp
- ALAB-33.57%-0.64pp
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)
- ACN+27.66%
- BABA+21.50%
- NTNX+18.77%
- BAH+17.63%
- RTX+16.27%
- COHR-36.06%
- MRVL-34.60%
- ALAB-33.57%
- BTQ-32.88%
- INTC-32.75%
QTUM — constituent leadership race
$100 in each covered QTUM 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 — 62 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| MU Micron Technology | 3.19% | 820.53 | -8.85% | -15.48% | -27.52% | +187.61% | 18 |
| INTC Intel Corp | 2.62% | 86.30 | -5.86% | -18.16% | -32.75% | +133.88% | 7 |
| MRVL Marvell Technology Inc | 2.59% | 174.47 | -7.77% | -16.10% | -34.60% | +105.56% | 2 |
| STM Stmicroelectronics N.V. ADR | 2.52% | 50.16 | -6.16% | -23.34% | -29.77% | +93.92% | 13 |
| ARM Arm Holdings Plc ADR | 2.30% | 244.74 | -8.11% | -15.53% | -26.78% | +123.90% | 20 |
| NOK Nokia Corp ADR | 2.04% | 8.93 | -3.30% | -15.58% | -31.36% | +39.01% | 8 |
| AMD Adv Micro Devices | 1.98% | 454.62 | -8.15% | -16.50% | -12.84% | +112.28% | 48 |
| ALAB Astera Labs Inc | 1.91% | 260.23 | -7.89% | -18.62% | -33.57% | +56.43% | 3 |
| LRCX Lam Research Corp | 1.87% | 269.61 | -7.54% | -16.27% | -28.88% | +57.80% | 15 |
| MKSI Mks Inc | 1.82% | 285.31 | -9.63% | -17.41% | -26.58% | +78.71% | 23 |
| ON On Semiconductor | 1.82% | 84.39 | -5.22% | -7.32% | -6.91% | +55.84% | 57 |
| TSEM Tower Semiconductor | 1.78% | 202.99 | -9.46% | -19.10% | -18.77% | +72.88% | 34 |
| AMAT Applied Materials | 1.77% | 476.46 | -7.82% | -15.60% | -23.99% | +85.63% | 26 |
| COHR Coherent Corp | 1.77% | 243.33 | -10.31% | -23.29% | -36.06% | +31.84% | 0 |
| KLAC K L A-Tencor Corp | 1.76% | 190.80 | -6.18% | -12.30% | -23.26% | — | 28 |
| TER Teradyne Inc | 1.69% | 320.65 | -4.22% | -14.27% | -26.60% | +65.73% | 21 |
| ONTO Onto Innovation Inc | 1.65% | 241.89 | -7.79% | -19.11% | -25.32% | +53.23% | 25 |
| HPE Hewlett Packard Enterprise | 1.63% | 45.59 | -5.40% | -2.42% | +4.30% | +91.02% | 74 |
| LSCC Lattice Semicond | 1.58% | 120.06 | -2.32% | -11.61% | -13.48% | +63.17% | 46 |
| ASML ASML Holdings NY Reg ADR | 1.42% | 1582.95 | -4.24% | -12.02% | -11.79% | +48.48% | 49 |
| TXN Texas Instruments | 1.42% | 277.07 | -0.84% | -4.88% | -2.93% | +60.75% | 62 |
| NVEC Nve Corp | 1.38% | 116.61 | -0.66% | — | — | — | — |
| CSCO Cisco Systems Inc | 1.29% | 115.58 | +0.88% | +3.03% | +1.97% | +51.67% | 69 |
| ADI Analog Devices | 1.27% | 365.83 | -1.63% | -4.44% | -5.45% | +35.32% | 61 |
| MCHP Microchip Technology | 1.20% | 75.71 | -2.81% | -9.20% | -13.90% | +19.52% | 44 |
| TSM Taiwan Semiconductor ADR | 1.17% | 392.31 | -1.70% | -7.61% | -9.26% | +29.39% | 52 |
| NXPI Nxp Semiconductors | 1.13% | 259.12 | -3.19% | -5.14% | -6.46% | +20.00% | 59 |
| CRUS Cirrus Logic Inc | 1.11% | 136.16 | +0.03% | -2.34% | -7.06% | +14.90% | 56 |
| LMT Lockheed Martin Corp | 0.99% | 581.31 | +0.23% | +14.64% | +14.57% | +20.82% | 89 |
| QCOM Qualcomm Inc | 0.99% | 162.88 | -4.21% | -6.12% | -14.00% | -4.17% | 43 |
| CRWV Coreweave Inc Cl A | 0.98% | 67.30 | -4.93% | -15.43% | -30.32% | -6.02% | 11 |
| HON Honeywell International | 0.98% | 247.05 | +0.53% | +7.48% | +6.39% | +27.26% | 79 |
| CDNS Cadence Design Sys | 0.97% | 344.72 | +1.80% | +0.02% | -8.63% | +10.28% | 54 |
| GOOGL Alphabet Cl A | 0.96% | 333.71 | +2.19% | -3.87% | -1.09% | +6.69% | 64 |
| IONQ Ionq Inc | 0.96% | 33.88 | -5.68% | -4.59% | -31.29% | -24.49% | 10 |
| NVDA Nvidia Corp | 0.96% | 197.01 | +0.25% | -4.96% | +2.33% | +5.76% | 70 |
| NET Cloudflare Inc Cl A | 0.92% | 264.10 | -0.57% | -3.01% | +11.32% | +33.96% | 87 |
| SNOW Snowflake Inc Cl A | 0.92% | 270.36 | -0.94% | -0.50% | +8.60% | +23.25% | 80 |
| RTX Rtx Corp | 0.90% | 218.58 | +0.07% | +12.86% | +16.27% | +19.58% | 92 |
| TDC Teradata Corp | 0.89% | 29.19 | -2.01% | -0.48% | -11.14% | -4.11% | 51 |
| NTNX Nutanix Inc | 0.88% | 59.05 | +3.87% | +8.97% | +18.77% | +14.24% | 95 |
| NOC Northrop Grumman Corp | 0.85% | 549.22 | +0.30% | +7.21% | +9.84% | -3.37% | 84 |
| SNPS Synopsys Inc | 0.82% | 383.82 | -1.33% | -1.35% | -15.52% | -18.29% | 39 |
| BIDU Baidu Inc ADR | 0.79% | 104.92 | -0.35% | -3.05% | +0.67% | -19.70% | 67 |
| AVGO Broadcom Ltd | 0.79% | 380.91 | -0.60% | -1.45% | +4.35% | +10.29% | 75 |
| QBTS D-Wave Quantum Inc | 0.75% | 17.64 | -9.61% | -0.93% | -22.52% | -32.56% | 30 |
| IBM Intl Business Machines | 0.75% | 227.55 | +5.21% | +8.10% | -16.23% | -22.74% | 36 |
| BAH Booz Allen Hamilton Holding Corp | 0.71% | 73.19 | +2.16% | +14.63% | +17.63% | -12.58% | 93 |
| ORCL Oracle Corp | 0.71% | 119.96 | +0.05% | -5.58% | -19.24% | -38.08% | 33 |
| MSFT Microsoft Corp | 0.70% | 393.35 | +1.09% | -1.11% | +5.46% | -18.48% | 77 |
| MDB Mongodb Inc Cl A | 0.69% | 310.62 | +0.29% | +0.97% | -1.08% | -25.99% | 66 |
| RGTI Rigetti Computing Inc | 0.69% | 14.52 | -7.16% | -4.97% | -20.92% | -34.45% | 31 |
| QUBT Quantum Computing Inc | 0.68% | 7.72 | -3.02% | -6.08% | -15.90% | -24.76% | 38 |
| ESTC Elastic N.V. | 0.66% | 62.10 | +1.40% | +3.19% | +10.42% | -17.68% | 85 |
| WIT Wipro Ltd ADR | 0.65% | 1.92 | +0.52% | +6.68% | -15.42% | -30.65% | 41 |
| RDNT Radnet Inc | 0.63% | 63.22 | +2.78% | +2.18% | +4.08% | -11.39% | 72 |
| BABA Alibaba Group Holding ADR | 0.61% | 115.19 | +0.17% | -2.36% | +21.50% | -21.41% | 97 |
| PLTR Palantir Technologies Cl A | 0.58% | 123.53 | -6.08% | -6.88% | +9.39% | -30.50% | 82 |
| BTQ Btq Technologies Corp | 0.54% | 3.45 | -1.15% | +0.00% | -32.88% | -32.62% | 5 |
| CRM Salesforce Inc | 0.54% | 181.50 | +4.55% | +6.73% | +14.61% | -31.31% | 90 |
| ACN Accenture Plc | 0.54% | 164.66 | +6.88% | +16.90% | +27.66% | -37.75% | 98 |
| ARQQ Arqit Quantum Inc | 0.40% | 17.55 | -3.47% | +2.03% | -27.66% | -19.79% | 16 |
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.