Constituent dispersion · breadth vs the index
RUBIN — Rubin Build-Out 100 (EW)
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 | -7.13% | -0.27 | +1pp | +0.79pp | Confirming ↓ |
| 1 month | -22.20% | -1.93 | +15pp | +3.81pp | Confirming ↓ |
| 1 quarter | -24.29% | -2.02 | +6pp | +2.60pp | Confirming ↓ |
Over the last 126 sessions: price down -14.78%, breadth down (-1.7/name) · % beating 43→53 · median−ETF -4.92pp→+1.60pp.
Stocks above their moving average — participation breadth
Of the 129 covered constituents, the share trading above each simple moving average — the classic breadth gauge. A firm index price with a low %-above-MA is a narrow, top-heavy tape. As of 2026-11-10.
New highs & new lows — by horizon
How many of the 129 covered constituents closed today at a new high (or low) over each window, and the net. A shrinking net as the index holds up = fewer names leading.
| Horizon | New highs | New lows | Net |
|---|---|---|---|
| 5-Day | 20 (16%) | 3 (2%) | +17 |
| 1-Month | 2 (2%) | 3 (2%) | -1 |
| 3-Month | 2 (2%) | 3 (2%) | -1 |
| 6-Month | 1 (1%) | 1 (1%) | +0 |
| 52-Week | 1 (1%) | 0 (0%) | +1 |
| YTD | 1 (1%) | 0 (0%) | +1 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.44% | +0.53% | -0.91pp | 77 / 52 | 45 / 84 | 31 of 129 | ±4.46% |
| 5d | -7.13% | -7.63% | -0.50pp | 19 / 110 | 61 / 68 | 10 of 129 | ±7.07% |
| 21d | -22.20% | -22.39% | -0.19pp | 7 / 122 | 64 / 65 | 3 of 129 | ±13.64% |
| YTD | +60.58% | +30.88% | -29.71pp | 109 / 17 | 33 / 93 | 2 of 126 | ±63% |
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)
- AAON+19.31%+0.15pp
- 6525.T+14.36%+0.11pp
- 6890.T+11.36%+0.09pp
- 2308.TW+9.91%+0.08pp
- 5801.T+9.85%+0.08pp
- SNDK-13.47%-0.1pp
- AAOI-7.26%-0.06pp
- NVDA-5.47%-0.04pp
- FN-4.76%-0.04pp
- COHR-4.68%-0.04pp
This month (21d)
- AI.PA+12.83%+0.1pp
- 6367.T+9.24%+0.07pp
- LIN+7.06%+0.05pp
- TXN+6.67%+0.05pp
- MPWR+2.91%+0.02pp
- AAOI-52.01%-0.4pp
- 285A.T-49.34%-0.38pp
- 5801.T-47.94%-0.37pp
- ATS.VI-47.53%-0.37pp
- 6488.TW-45.84%-0.35pp
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)
- AI.PA+12.83%
- 6367.T+9.24%
- LIN+7.06%
- TXN+6.67%
- MPWR+2.91%
- AAOI-52.01%
- 285A.T-49.34%
- 5801.T-47.94%
- ATS.VI-47.53%
- 6488.TW-45.84%
RUBIN — constituent leadership race
$100 in each covered RUBIN constituent at 2026-01-07, 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 — 129 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| CDNS Cadence Design Systems | 0.77% | 331.64 | -1.45% | +2.44% | -4.82% | +6.10% | 89 |
| SNPS Synopsys | 0.77% | 459.95 | -1.50% | -0.63% | -8.47% | -2.08% | 84 |
| ARM ARM Holdings | 0.77% | 181.49 | -2.58% | -10.37% | -28.89% | +66.03% | 29 |
| NVDA NVIDIA | 0.77% | 168.89 | -5.47% | -18.29% | -25.38% | -9.33% | 41 |
| AVGO Broadcom | 0.77% | 331.98 | +3.91% | -0.05% | -6.41% | -3.88% | 88 |
| AMD AMD | 0.77% | 515.21 | +1.30% | +6.47% | -13.30% | +140.57% | 75 |
| QCOM Qualcomm | 0.77% | 173.53 | +1.20% | +5.53% | -0.52% | +2.10% | 94 |
| TSM TSMC | 0.77% | 396.48 | +2.02% | -2.06% | -10.77% | +30.76% | 80 |
| ASX ASE Group | 0.77% | 35.48 | +3.26% | -9.14% | -25.35% | +120.37% | 42 |
| GFS GlobalFoundries | 0.77% | 40.62 | +0.27% | -5.29% | -15.97% | +16.32% | 67 |
| AMKR Amkor Technology | 0.77% | 34.47 | -1.51% | -8.37% | -28.35% | -12.52% | 31 |
| TSEM Tower Semiconductor | 0.77% | 147.60 | -3.08% | -9.48% | -31.82% | +25.70% | 25 |
| ASML ASML | 0.77% | 1507.85 | -0.36% | -2.85% | -13.85% | +41.43% | 71 |
| SMHN.DE SÜSS MicroTec | 0.77% | 47.80 | +5.05% | -7.63% | -25.31% | +22.13% | 43 |
| 7731.T Nikon | 0.77% | 1604.50 | +3.78% | -5.28% | -15.22% | -8.00% | 67 |
| 7751.T Canon | 0.77% | 4735.00 | +0.08% | +1.35% | +2.16% | +2.20% | 95 |
| 8035.T Tokyo Electron | 0.77% | 9006.00 | +6.05% | -9.99% | -26.12% | +31.21% | 36 |
| LRCX Lam Research | 0.77% | 222.39 | +0.49% | -3.61% | -28.16% | +30.16% | 32 |
| AMAT Applied Materials | 0.77% | 372.53 | +0.53% | -2.46% | -25.12% | +45.14% | 44 |
| ASM.AS ASM International | 0.77% | 680.20 | +1.07% | -5.53% | -22.39% | +31.41% | 50 |
| AIXA.DE Aixtron | 0.77% | 31.75 | +0.03% | -7.22% | -10.69% | +83.47% | 81 |
| VACN.SW VAT Group | 0.77% | 535.00 | +0.87% | -5.81% | -19.50% | +40.33% | 56 |
| IFCN.SW INFICON | 0.77% | 156.40 | +2.09% | -9.70% | -19.21% | +60.78% | 57 |
| COTN.SW Comet Group | 0.77% | 303.40 | +1.61% | -10.82% | -13.76% | +35.06% | 73 |
| 6525.T Kokusai Electric | 0.77% | 5576.00 | +14.36% | -17.73% | -43.18% | +1.47% | 5 |
| 6146.T DISCO Corp | 0.77% | 45320.00 | +6.81% | -9.79% | -25.88% | -5.92% | 37 |
| BESI.AS BESI | 0.77% | 150.80 | +2.59% | -3.40% | -14.12% | +13.46% | 71 |
| 0522.HK ASMPT | 0.77% | 96.20 | +3.89% | -5.41% | -40.36% | +24.21% | 11 |
| 042700.KS Hanmi Semiconductor | 0.77% | 173400.00 | +7.90% | -3.67% | -30.22% | +36.53% | 28 |
| KLIC Kulicke & Soffa | 0.77% | 69.70 | +1.06% | -3.78% | -21.14% | +53.46% | 51 |
| NDSN Nordson | 0.77% | 325.10 | +0.39% | -1.80% | -1.62% | +35.63% | 93 |
| LPK.DE LPKF Laser & Electronics | 0.77% | 8.98 | -1.97% | -16.85% | -35.16% | +60.64% | 19 |
| 000660.KS SK hynix | 0.77% | 1212000.00 | +6.69% | -13.30% | -24.49% | +86.52% | 46 |
| 005930.KS Samsung Electronics | 0.77% | 198900.00 | +4.74% | -9.38% | -20.60% | +66.23% | 53 |
| MU Micron Technology | 0.77% | 725.11 | -1.10% | -15.20% | -26.67% | +154.17% | 35 |
| SNDK SanDisk | 0.77% | 1150.89 | -13.47% | -7.04% | -35.62% | +384.83% | 17 |
| 285A.T Kioxia | 0.77% | 9068.00 | +9.23% | -20.07% | -49.34% | +160.70% | 1 |
| 6857.T Advantest | 0.77% | 29690.00 | +4.63% | -17.00% | -27.46% | +51.21% | 33 |
| TER Teradyne | 0.77% | 245.40 | -0.24% | -8.89% | -36.07% | +26.84% | 16 |
| 6890.T Ferrotec Holdings | 0.77% | 6832.00 | +11.36% | -10.47% | -40.07% | +35.83% | 12 |
| KLAC KLA Corp | 0.77% | 152.99 | +1.06% | -2.06% | -19.53% | +26.38% | 55 |
| FORM FormFactor | 0.77% | 85.63 | +0.50% | -11.53% | -34.27% | +53.51% | 21 |
| ONTO Onto Innovation | 0.77% | 197.51 | +1.79% | -2.41% | -27.85% | +25.12% | 33 |
| CAMT Camtek | 0.77% | 102.19 | -2.71% | -9.06% | -30.78% | -3.91% | 27 |
| 6920.T Lasertec | 0.77% | 34990.00 | +7.73% | -14.07% | -24.93% | +18.03% | 45 |
| NVMI Nova Ltd | 0.77% | 325.70 | -2.26% | +7.59% | -4.32% | -0.82% | 91 |
| TPRO.MI Technoprobe | 0.77% | 21.16 | +5.05% | -15.51% | -37.53% | +75.68% | 14 |
| COHU Cohu | 0.77% | 43.57 | +0.39% | -12.91% | -33.19% | +87.24% | 22 |
| 6965.T Hamamatsu Photonics | 0.77% | 2056.00 | +6.86% | -2.88% | -13.43% | +23.78% | 74 |
| PDFS PDF Solutions | 0.77% | 39.16 | -3.62% | -7.18% | -25.68% | +37.26% | 39 |
| AEHR Aehr Test Systems | 0.77% | 59.57 | -0.40% | -8.51% | -23.80% | +195.05% | 47 |
| 5201.T AGC Inc. | 0.77% | 4866.00 | +2.21% | -11.22% | -16.18% | -6.30% | 65 |
| GLW Corning | 0.77% | 112.13 | -3.29% | -11.11% | -23.87% | +28.30% | 47 |
| INTC Intel | 0.77% | 58.13 | -2.09% | -4.00% | -42.64% | +57.53% | 6 |
| 4062.T Ibiden | 0.77% | 6418.00 | +8.19% | -20.22% | -45.66% | +90.70% | 4 |
| ATS.VI AT&S | 0.77% | 112.80 | +1.26% | -18.26% | -47.53% | +250.31% | 2 |
| 3037.TW Unimicron | 0.77% | 828.00 | +9.38% | -8.20% | -34.80% | +276.36% | 20 |
| IFX.DE Infineon | 0.77% | 49.05 | +0.87% | -6.39% | -14.28% | +31.00% | 70 |
| STM STMicroelectronics | 0.77% | 44.70 | +0.36% | -7.91% | -11.45% | +72.81% | 78 |
| MPWR Monolithic Power Systems | 0.77% | 1357.60 | -2.19% | +2.21% | +2.91% | +50.09% | 96 |
| ON onsemi | 0.77% | 69.61 | +0.72% | -4.12% | -8.41% | +28.55% | 84 |
| 6723.T Renesas Electronics | 0.77% | 2743.00 | +7.17% | -4.09% | -26.85% | +28.18% | 34 |
| ALGM Allegro MicroSystems | 0.77% | 30.70 | -0.71% | -8.79% | -9.14% | +16.38% | 83 |
| TXN Texas Instruments | 0.77% | 300.52 | +1.62% | -3.83% | +6.67% | +74.35% | 97 |
| VICR Vicor | 0.77% | 161.68 | -1.12% | -9.68% | -37.67% | +47.52% | 13 |
| SU.PA Schneider Electric | 0.77% | 235.35 | +0.41% | -1.84% | -11.31% | +0.19% | 79 |
| ETN Eaton | 0.77% | 354.22 | -1.11% | -9.29% | -16.98% | +11.56% | 63 |
| 2308.TW Delta Electronics | 0.77% | 1275.00 | +9.91% | +0.39% | -35.11% | +32.40% | 19 |
| VRT Vertiv | 0.77% | 194.22 | -3.12% | -17.69% | -18.86% | +19.91% | 59 |
| MOD Modine Manufacturing | 0.77% | 103.07 | -2.90% | -17.84% | -40.25% | -22.80% | 12 |
| NVT nVent Electric | 0.77% | 112.48 | -1.71% | -12.98% | -30.90% | +10.68% | 26 |
| 6367.T Daikin | 0.77% | 22930.00 | +2.16% | +9.16% | +9.24% | +14.19% | 98 |
| CARR Carrier Global | 0.77% | 53.01 | -0.60% | -4.26% | -4.35% | +1.11% | 90 |
| APH Amphenol | 0.77% | 79.95 | -0.94% | -5.04% | -7.24% | +18.73% | 87 |
| COHR Coherent | 0.77% | 214.66 | -4.68% | +3.46% | -25.47% | +16.30% | 40 |
| LITE Lumentum | 0.77% | 585.57 | -1.78% | -13.91% | -41.17% | +58.87% | 10 |
| MRVL Marvell Technology | 0.77% | 154.39 | -0.14% | -10.22% | -41.93% | +81.90% | 9 |
| FN Fabrinet | 0.77% | 348.52 | -4.76% | -4.08% | -23.64% | -23.45% | 48 |
| 5801.T Furukawa Electric | 0.77% | 2197.00 | +9.85% | -20.25% | -47.94% | +119.48% | 2 |
| CRDO Credo Technology | 0.77% | 129.80 | -2.33% | -13.99% | -35.37% | -9.79% | 18 |
| ALAB Astera Labs | 0.77% | 216.18 | -0.32% | -7.47% | -33.30% | +29.95% | 22 |
| MTSI MACOM Technology | 0.77% | 226.48 | -1.53% | -3.83% | -26.07% | +32.23% | 36 |
| AAOI Applied Optoelectronics | 0.77% | 48.32 | -7.26% | -24.46% | -52.01% | — | 0 |
| NOK Nokia | 0.77% | 8.25 | +0.86% | -2.71% | -16.67% | +28.43% | 64 |
| SPCX SpaceX / Starlink | 0.77% | 143.09 | +0.72% | +1.26% | -12.44% | — | 77 |
| 4004.T Resonac | 0.77% | 12000.00 | +9.49% | -9.26% | -31.17% | +83.88% | 26 |
| 4063.T Shin-Etsu Chemical | 0.77% | 5658.00 | +3.99% | -4.44% | -7.56% | +16.11% | 86 |
| ENTG Entegris | 0.77% | 138.57 | -1.06% | -9.29% | -13.40% | +64.73% | 74 |
| 3436.T Sumco | 0.77% | 1911.00 | +6.61% | -15.91% | -44.98% | +33.17% | 5 |
| SOI.PA Soitec | 0.77% | 96.80 | -3.08% | -22.40% | -37.35% | +317.42% | 15 |
| 6981.T Murata Manufacturing | 0.77% | 5274.00 | +6.91% | -16.81% | -36.20% | +62.48% | 16 |
| WAF.DE Siltronic | 0.77% | 53.65 | +2.00% | -9.83% | -28.66% | +9.71% | 30 |
| 6488.TW GlobalWafers | 0.77% | 612.00 | +8.70% | -10.66% | -45.84% | +50.74% | 3 |
| PLAB Photronics | 0.77% | 28.10 | -2.84% | +0.36% | -3.90% | -12.19% | 91 |
| 7911.T Toppan Holdings | 0.77% | 2022.50 | +3.80% | -4.44% | -14.32% | -13.22% | 69 |
| MKSI MKS Instruments | 0.77% | 213.47 | +0.89% | +4.04% | -14.58% | +33.71% | 68 |
| 6361.T Ebara | 0.77% | 3502.00 | +7.99% | -6.39% | -25.77% | -4.94% | 38 |
| AEIS Advanced Energy | 0.77% | 221.69 | +1.09% | -6.89% | -21.04% | +5.92% | 52 |
| 6856.T Horiba | 0.77% | 19800.00 | +6.39% | -8.57% | -22.54% | +24.06% | 49 |
| ACLS Axcelis Technologies | 0.77% | 106.79 | -0.79% | +9.66% | -16.33% | +32.92% | 64 |
| LIN Linde | 0.77% | 521.78 | +0.28% | +2.00% | +7.06% | +22.78% | 98 |
| AI.PA Air Liquide | 0.77% | 190.34 | +0.46% | +4.26% | +12.83% | +18.77% | 99 |
| Q Qnity Electronics | 0.77% | 123.64 | -1.16% | +4.00% | +0.35% | +51.60% | 95 |
| 2802.T Ajinomoto | 0.77% | 4345.00 | -1.92% | -15.27% | -17.91% | +30.99% | 60 |
| WDC Western Digital | 0.77% | 289.20 | -0.20% | -16.74% | -25.26% | +67.96% | 43 |
| AAON AAON | 0.77% | 75.01 | +19.31% | +8.58% | -11.51% | -1.43% | 78 |
| 3017.TW Asia Vital Components | 0.77% | 2790.00 | +9.84% | -4.94% | -18.90% | +84.77% | 58 |
| 3653.TW Jentech Precision | 0.77% | 5790.00 | +2.75% | -4.06% | -19.19% | +110.93% | 57 |
| 3324.TWO Auras Technology | 0.77% | 1235.00 | +7.39% | -6.44% | -18.75% | +23.68% | 60 |
| DELL Dell Technologies | 0.77% | 334.38 | -3.44% | -18.12% | -41.94% | +167.62% | 9 |
| HPE Hewlett Packard Enterprise | 0.77% | 47.93 | +0.82% | -9.74% | -31.85% | +100.83% | 24 |
| 0992.HK Lenovo Group | 0.77% | 18.65 | -0.85% | -10.94% | -42.30% | +101.40% | 7 |
| 2382.TW Quanta Computer | 0.77% | 298.50 | +0.67% | -4.17% | -8.29% | +9.74% | 85 |
| 2317.TW Foxconn (Hon Hai) | 0.77% | 241.50 | +1.05% | -1.63% | -3.01% | +4.77% | 92 |
| POWL Powell Industries | 0.77% | 138.21 | -2.43% | -15.39% | -25.45% | +30.23% | 40 |
| GEV GE Vernova | 0.77% | 797.04 | -3.89% | -13.20% | -20.04% | +22.12% | 54 |
| PRY.MI Prysmian | 0.77% | 106.80 | -0.19% | -4.77% | -12.78% | +24.56% | 76 |
| BE Bloom Energy | 0.77% | 185.42 | -4.36% | -13.36% | -29.30% | +113.40% | 29 |
| EME EMCOR Group | 0.77% | 645.39 | -1.15% | -8.77% | -17.12% | +5.61% | 62 |
| FIX Comfort Systems USA | 0.77% | 1105.93 | -0.66% | -13.94% | -32.48% | +18.61% | 23 |
| STRL Sterling Infrastructure | 0.77% | 289.56 | -0.38% | -19.82% | -42.23% | — | 8 |
| PWR Quanta Services | 0.77% | 583.14 | -1.41% | -11.24% | -16.07% | +38.23% | 66 |
| ABBN.SW ABB | 0.77% | 68.98 | +0.55% | -4.86% | -13.80% | +18.20% | 72 |
| ROK Rockwell Automation | 0.77% | 393.38 | +1.03% | -11.87% | -9.35% | +1.77% | 82 |
| 6506.T Yaskawa Electric | 0.77% | 3773.00 | +5.42% | -3.68% | -21.22% | -20.67% | 50 |
| 6861.T Keyence | 0.77% | 75200.00 | +5.06% | +0.41% | -6.00% | +32.67% | 88 |
| CGNX Cognex | 0.77% | 50.80 | +0.91% | -12.58% | -17.83% | +41.59% | 61 |
| AMS.SW ams-OSRAM | 0.77% | 15.76 | +0.19% | -12.35% | -20.60% | +100.76% | 53 |
| LSCC Lattice Semiconductor | 0.77% | 111.25 | -2.32% | +5.03% | -9.44% | +51.20% | 81 |
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
RUBIN dispersion — data Q&A
Is RUBIN's move broad or carried by a few names (21 sessions)?
As of 2026-11-10: over 21 sessions the fund returned -22.20% while its median constituent returned -22.39% — a dispersion of 13.64 pp; 50% of 129 members beat the fund. Broad decline - breadth is falling with price.
How did RUBIN's members trade in the last session?
As of 2026-11-10: fund +1.44%, median member +0.53%, 77 advancers vs 52 decliners.
What does the dispersion page for RUBIN 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. 129 constituents covered, re-baked nightly from the Closelooknet lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.