Constituent dispersion · breadth vs the index

RXI — Global Discretionary

75/133 covered · 72% by weight · benchmark: RXI price · closes through 2026-09-14 ·holdings as of 2026-06-16

Concentration 45.58% in top 5 13.89 effective names · HHI 720
RS vs S&P 500 21d -3.33pp sector return − SPY
RS vs Nasdaq-100 21d -2.39pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -5.52% · A/D -216 (-2.88/name)
RXI 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 -2.53% -1.33 -11pp -1.62pp Confirming ↓
1 month -5.52% -2.88 -16pp -2.82pp Confirming ↓
1 quarter -2.36% -2.16 -40pp -9.67pp Confirming ↓

Over the last 126 sessions: price down -0.61%, breadth down (-2.05/name) · % beating 38→40 · median−ETF -2.80pp→-1.59pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.25% +0.29% +0.54pp 42 / 32 47 / 28 35 of 75 ±2.07%
5d -2.53% -3.35% -0.82pp 12 / 62 31 / 44 19 of 75 ±3.28%
21d -5.52% -6.99% -1.47pp 9 / 66 32 / 43 8 of 75 ±7.04%
YTD -6.73% -4.37% +2.35pp 31 / 42 39 / 34 3 of 73 ±24.71%

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)

  • MCD+1.96%+0.06pp
  • HD+0.69%+0.03pp
  • AZO+3.09%+0.03pp
  • YUM+3.88%+0.03pp
  • MAR+1.72%+0.02pp
  • AMZN-1.26%-0.2pp
  • TSLA-1.77%-0.13pp
  • AMS-10.58%-0.04pp
  • WES-2.35%-0.02pp
  • RCL-1.85%-0.02pp

This month (21d)

  • TSLA+5.59%+0.41pp
  • CMG+13.55%+0.09pp
  • EBAY+4.22%+0.03pp
  • ULTA+6.42%+0.02pp
  • BBY+11.11%+0.02pp
  • AMZN-4.37%-0.71pp
  • TJX-18.09%-0.49pp
  • HD-9.02%-0.38pp
  • BKNG-17.81%-0.36pp
  • MC-8.93%-0.19pp

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)

  • CMG+13.55%
  • BBY+11.11%
  • VOW.XETRA+8.19%
  • ULTA+6.42%
  • TSLA+5.59%
  • NCLH-24.71%
  • CCL-20.62%
  • TJX-18.09%
  • BKNG-17.81%
  • RCL-17.60%

RXI — constituent leadership race

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

0%

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 — 75 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
AMZN Amazon.com Inc 16.23% 253.54 -1.26% -1.92% -4.37% +9.84% 64
TSLA Tesla Inc 7.26% 358.97 -1.77% +1.38% +5.59% -20.18% 93
HD Home Depot 4.24% 310.87 +0.69% -3.17% -9.02% -9.05% 35
MCD McDonald's Corp 3.15% 257.49 +1.96% +0.70% -5.42% -15.28% 59
TJX TJX Companies 2.72% 125.99 -0.02% -4.61% -18.09% -17.75% 3
MC Moelis 2.17% 417.45 +0.52% -3.19% -8.93% -34.22% 36
BKNG Booking Holdings 2.00% 175.35 +0.82% -9.06% -17.81% 4
LOW Lowe's Companies 1.90% 198.17 +0.69% -3.07% -9.19% -17.06% 32
SBUX Starbucks Corp 1.85% 99.07 +0.33% -5.17% -8.21% +18.41% 41
CFR Cullen/Frost Bankers 1.66% 163.39 +0.29% +0.47% -3.08% +30.92% 71
MAR Marriot Int Cl A 1.27% 340.46 +1.72% +1.17% -3.23% +9.95% 68
ORLY O'Reilly Automotive 1.21% 87.22 +1.63% -0.76% -5.79% -4.37% 56
HLT Hilton Inc 1.15% 310.60 +1.44% -0.19% -3.14% +8.23% 69
ROST Ross Stores Inc 1.09% 230.04 -0.30% -0.09% -6.09% +27.97% 53
GM General Motors Company 1.08% 87.16 +1.80% -0.68% +0.89% +7.67% 88
ITX.MC INDUSTRIA DE DISENO TEXTIL SA 1.02% 53.72 -0.56% -6.67% -6.74% -3.01% 51
RCL Royal Caribbean Cruises Ltd 1.02% 255.34 -1.85% -3.71% -17.60% -7.49% 5
RMS.PA HERMES INTERNATIONAL 1.01% 1414.00 +1.04% -4.14% -10.28% -32.69% 27
PRX.AS PROSUS NV CLASS N 0.95% 35.92 +0.86% -1.47% -3.94% -32.03% 65
WES Western Midstream Partners LP 0.94% 47.88 -2.35% -3.35% -0.85% +29.17% 83
DASH Doordash Inc Cl A 0.92% 203.54 +0.79% -3.87% -5.88% -10.13% 55
AZO Autozone 0.88% 2965.52 +3.09% -0.60% -2.46% -12.56% 75
ABNB Airbnb Inc Cl A 0.88% 170.65 +0.27% -6.21% -7.82% +25.74% 44
F Ford Motor Company 0.84% 13.86 -0.79% -5.20% -0.22% +8.13% 87
EBAY Ebay Inc 0.83% 108.99 +1.15% +5.40% +4.22% +25.90% 92
NKE Nike Inc 0.82% 37.05 +0.68% -3.52% -10.14% -41.46% 28
CVNA Carvana Company Cl A 0.71% 70.87 +2.47% -4.99% -3.84% 67
YUM Yum! Brands 0.67% 146.33 +3.88% -2.42% -3.00% -2.35% 72
CMG Chipotle Mexican Grill 0.66% 37.03 +2.29% +0.19% +13.55% +0.08% 99
RACE Ferrari N.V. 0.66% 409.08 -1.14% -0.21% -0.78% +11.97% 84
GRMN Garmin Ltd 0.61% 280.38 -0.81% +1.60% -10.11% +38.75% 29
DHI D.R. Horton 0.61% 139.41 +1.10% -2.34% -6.99% -2.64% 49
CCL Carnival Corporation Ltd 0.52% 22.56 -0.84% -4.04% -20.62% -25.33% 1
TPR Tapestry Inc 0.44% 117.91 -0.49% -3.46% -8.16% -7.21% 43
AMS American Shared Hospital Services 0.42% 16.32 -10.58% -14.29% -13.79% +107.90% 13
QSR Restaurant Brands International 0.41% 78.89 +2.51% -1.60% +3.00% +17.71% 91
EXPE Expedia Group Inc 0.40% 287.86 +2.50% -3.42% -12.32% +2.04% 16
IHG Intercontinental Hotels Group ADR 0.36% 153.95 +0.29% -1.41% -2.94% +10.34% 73
WSM Williams-Sonoma 0.36% 229.43 +1.41% +0.88% -5.37% +29.39% 61
DRI Darden Restaurants 0.35% 218.57 +4.14% +0.78% -2.21% +20.58% 77
ULTA Ulta Beauty Inc 0.35% 548.65 +0.34% -2.74% +6.42% -9.32% 95
PHM Pultegroup 0.35% 118.94 +0.58% -4.43% -8.89% +1.65% 39
ALL Allstate Corp 0.35% 258.48 +1.88% -0.42% -0.77% +25.47% 85
NXT.LSE Nextpower Inc 0.32% 14655.00 -0.20% -5.45% -4.37% +9.96% 63
KER.PA KERING SA 0.31% 238.00 -0.25% -1.41% -11.38% -19.72% 23
LEN Lennar Corp 0.30% 79.99 +0.49% -4.30% -8.62% -21.43% 40
NVR NVR Inc 0.26% 6299.56 +2.25% +0.01% -1.18% -13.62% 81
TSCO Tractor Supply Company 0.26% 33.83 +2.48% -3.32% -6.47% -31.50% 52
LVS Las Vegas Sands 0.23% 42.40 -1.00% -4.44% -7.36% -34.14% 47
DECK Deckers Outdoor Corp 0.23% 80.54 -0.90% -6.14% -13.68% -22.31% 15
RL Ralph Lauren Corp 0.23% 341.43 +0.69% -2.78% -11.86% -3.18% 19
GPC Genuine Parts Company 0.21% 133.21 -0.35% -3.53% -1.58% +10.52% 79
LULU Lululemon Athletica 0.21% 100.30 +1.34% -0.31% -16.11% -51.73% 8
HAS Hasbro Inc 0.19% 90.76 -0.85% -1.91% -5.44% +12.36% 57
BBY Best Buy Company 0.18% 94.83 +4.44% +5.05% +11.11% +43.84% 97
APTV Aptiv Plc 0.18% 44.79 -1.65% -6.59% -8.91% -41.14% 37
GIL Gildan Activewear 0.17% 47.44 -2.08% -11.16% -16.45% -23.04% 7
DPZ Domino's Pizza Inc 0.15% 323.77 +3.91% -5.08% -7.73% -21.93% 45
HM-B.ST HENNES & MAURITZ 0.13% 165.70 +0.79% -4.41% -5.37% -8.91% 60
WYNN Wynn Resorts Ltd 0.13% 87.76 +0.07% -4.13% -14.06% -26.72% 12
NCLH Norwegian Cruise Ord 0.12% 14.72 -0.67% -5.46% -24.71% -34.05% 0
UHR.SW THE SWATCH GROUP AG 0.12% 175.55 -2.47% -5.31% -10.68% +6.73% 25
MGM MGM Resorts International 0.11% 39.83 -0.15% -3.37% -9.62% +9.15% 31
PNDORA.CO PANDORA 0.11% 799.60 +0.23% -3.36% -2.39% +18.56% 76
KGF.LSE KINGFISHER PLC 0.10% 287.90 -0.21% -4.79% -12.12% -5.19% 17
POOL Pool Corp 0.09% 171.76 -0.74% -7.27% -14.36% -23.90% 11
RNO.PA RENAULT SA 0.09% 29.36 -0.74% +0.55% +2.55% -10.81% 89
WTB.LSE WHITBREAD PLC 0.08% 2327.00 -0.85% -0.89% -7.11% -6.41% 48
BRBY.LSE BURBERRY GROUP PLC 0.08% 997.60 -2.00% -9.47% -9.14% -21.39% 33
BTRW.LSE BARRATT REDROW PLC 0.08% 276.20 -3.26% -8.24% -15.95% -26.12% 9
SW Smurfit Westrock Plc 0.07% 43.75 +1.23% -4.54% -11.74% +15.44% 20
BKG.LSE BERKELEY GROUP HOLDINGS (THE) PLC 0.06% 3222.00 -1.89% -6.45% -11.63% -17.47% 21
TW TAYLOR WIMPEY PLC 0.06% 104.20 +2.72% -1.88% -1.26% -2.86% 80
VOW.XETRA VOLKSWAGEN AG 0.05% 81.20 +0.00% +0.00% +8.19% -22.74% 96
UHRN.SW THE SWATCH GROUP AG 0.04% 34.55 -1.99% -4.69% -10.95% +2.60% 24

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

RXI dispersion — data Q&A

Is RXI's move broad or carried by a few names (21 sessions)?

As of 2026-09-14: over 21 sessions the fund returned -5.52% while its median constituent returned -6.99% — a dispersion of 7.04 pp; 43% of 75 members beat the fund. Broad decline - breadth is falling with price.

How did RXI's members trade in the last session?

As of 2026-09-14: fund -0.25%, median member +0.29%, 42 advancers vs 32 decliners.

What does the dispersion page for RXI 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. 75 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.