Constituent dispersion · breadth vs the index
XLI — Industrial Select Sector
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 | +2.14% | +1.64 | -1pp | +0.72pp | Confirming ↑ |
| 1 month | +0.71% | +0.94 | +2pp | +0.86pp | Improving |
| 1 quarter | +6.69% | +1.8 | +11pp | +2.32pp | Confirming ↑ |
Over the last 126 sessions: price up +10.57%, breadth up (+1.9/name) · % beating 53→55 · median−ETF +0.32pp→+1.38pp.
Stocks above their moving average — participation breadth
Of the 80 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 2026-07-28.
New highs & new lows — by horizon
How many of the 80 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 | 46 (57%) | 17 (21%) | +29 |
| 1-Month | 30 (38%) | 11 (14%) | +19 |
| 3-Month | 23 (29%) | 5 (6%) | +18 |
| 6-Month | 11 (14%) | 0 (0%) | +11 |
| 52-Week | 8 (10%) | 0 (0%) | +8 |
| YTD | 11 (14%) | 0 (0%) | +11 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.39% | +0.56% | +0.95pp | 51 / 29 | 55 / 25 | 25 of 80 | ±3.09% |
| 5d | +2.14% | +4.75% | +2.60pp | 58 / 22 | 49 / 31 | 10 of 80 | ±7.15% |
| 21d | +0.71% | +2.09% | +1.38pp | 48 / 32 | 44 / 36 | 6 of 80 | ±10.12% |
| YTD | +17.97% | +15.50% | -2.48pp | 62 / 17 | 34 / 45 | 5 of 79 | ±21.57% |
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)
- BA+4.76%+0.15pp
- UBER+3.75%+0.1pp
- DE+2.37%+0.06pp
- ADP+3.60%+0.06pp
- ITW+3.63%+0.04pp
- CAT-3.71%-0.29pp
- GEV-5.34%-0.25pp
- VRT-6.27%-0.13pp
- PWR-5.15%-0.1pp
- UPS-6.57%-0.1pp
This month (21d)
- RTX+16.27%+0.73pp
- ADP+18.17%+0.3pp
- LMT+14.57%+0.29pp
- UNP+9.73%+0.29pp
- CTAS+25.01%+0.27pp
- CAT-15.70%-1.21pp
- GEV-9.74%-0.45pp
- PWR-14.45%-0.28pp
- VRT-11.31%-0.24pp
- UBER-7.17%-0.18pp
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)
- CTAS+25.01%
- PAYX+18.99%
- ADP+18.17%
- EFX+18.01%
- AXON+17.82%
- GNRC-29.80%
- BLDR-17.34%
- CAT-15.70%
- PWR-14.45%
- CARR-14.17%
XLI — constituent leadership race
$100 in each covered XLI constituent at 2025-12-24, 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 — 80 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| CAT Caterpillar Inc | 7.71% | 840.85 | -3.71% | -5.52% | -15.70% | +47.40% | 3 |
| GE GE Aerospace | 6.40% | 363.59 | +0.55% | +6.72% | -1.34% | +18.21% | 34 |
| GEV GE Vernova Inc | 4.62% | 943.38 | -5.34% | -12.55% | -9.74% | +44.54% | 15 |
| RTX Rtx Corp | 4.49% | 218.58 | +0.07% | +12.86% | +16.27% | +19.58% | 90 |
| BA Boeing Company | 3.13% | 221.56 | +4.76% | +8.18% | +1.98% | +2.04% | 48 |
| UNP Union Pacific Corp | 2.95% | 294.45 | -1.62% | +0.45% | +9.73% | +28.62% | 75 |
| ETN Eaton Corp | 2.77% | 386.26 | -3.11% | -4.14% | -4.08% | +21.65% | 23 |
| DE Deere & Company | 2.65% | 639.84 | +2.37% | +9.02% | +4.61% | +37.83% | 59 |
| UBER UBER Technologies Inc | 2.58% | 70.74 | +3.75% | -1.13% | -7.17% | -13.43% | 18 |
| HON Honeywell International | 2.55% | 247.05 | +0.53% | +7.48% | +6.39% | +27.26% | 69 |
| VRT Vertiv Holdings Llc. | 2.11% | 269.56 | -6.27% | -11.47% | -11.31% | +66.42% | 10 |
| PH Parker-Hannifin Corp | 2.08% | 990.96 | +0.37% | +3.27% | +2.27% | +13.21% | 51 |
| LMT Lockheed Martin Corp | 1.99% | 581.31 | +0.23% | +14.64% | +14.57% | +20.82% | 86 |
| HWM Howmet Aerospace Inc | 1.93% | 286.04 | -0.66% | +2.52% | +6.39% | +39.66% | 68 |
| PWR Quanta Services | 1.92% | 588.36 | -5.15% | -7.95% | -14.45% | +39.47% | 4 |
| TT Trane Technologies Plc | 1.85% | 470.03 | -2.75% | +0.03% | -1.64% | +21.33% | 31 |
| GD General Dynamics Corp | 1.67% | 393.19 | +1.04% | +6.92% | +13.91% | +17.81% | 84 |
| CMI Cummins Inc | 1.66% | 641.60 | -3.06% | -2.85% | -6.45% | +26.51% | 19 |
| ADP Automatic Data Processing | 1.66% | 264.17 | +3.60% | +7.29% | +18.17% | +3.55% | 96 |
| JCI Johnson Controls Intl | 1.61% | 140.28 | -2.17% | -1.01% | +1.36% | +17.51% | 45 |
| CSX CSX Corp | 1.61% | 50.84 | -1.85% | +1.90% | +6.67% | +40.71% | 71 |
| MMM 3M Company | 1.52% | 182.48 | +2.38% | +6.86% | +11.26% | +14.49% | 80 |
| WM Waste Management | 1.48% | 239.41 | +0.63% | +2.67% | +6.15% | +9.87% | 64 |
| EMR Emerson Electric Company | 1.46% | 151.81 | +1.68% | +9.01% | +5.80% | +15.29% | 63 |
| UPS United Parcel Service | 1.46% | 105.53 | -6.57% | -9.29% | -2.41% | +7.88% | 28 |
| NOC Northrop Grumman Corp | 1.34% | 549.22 | +0.30% | +7.21% | +9.84% | -3.37% | 76 |
| FDX Fedex Corp | 1.33% | 312.64 | +0.60% | -0.81% | -1.85% | +8.67% | 30 |
| TDG Transdigm Group Inc | 1.29% | 1307.97 | +1.69% | +8.50% | -1.25% | -1.65% | 35 |
| NSC Norfolk Southern Corp | 1.28% | 338.84 | -1.31% | +2.28% | +8.32% | +18.39% | 74 |
| URI United Rentals | 1.23% | 1091.26 | -3.25% | +7.67% | -2.71% | +35.42% | 26 |
| ITW Illinois Tool Works | 1.23% | 295.16 | +3.63% | +8.52% | +10.92% | +20.60% | 79 |
| FIX Comfort Systems USA | 1.20% | 1626.32 | -6.02% | -8.30% | -12.29% | +74.42% | 8 |
| PCAR Paccar Inc | 1.13% | 138.21 | +3.57% | +9.47% | +14.53% | +26.93% | 85 |
| CTAS Cintas Corp | 1.09% | 214.90 | +1.86% | +7.23% | +25.01% | +14.53% | 99 |
| GWW W.W. Grainger | 1.05% | 1398.90 | +0.00% | +2.74% | +3.35% | +39.18% | 54 |
| LHX L3Harris Technologies | 1.05% | 305.20 | +0.57% | +9.90% | +4.79% | +4.32% | 60 |
| CARR Carrier Global Corp | 1.00% | 63.16 | -8.90% | -5.29% | -14.17% | +20.47% | 5 |
| DAL Delta Air Lines Inc | 0.98% | 89.37 | +3.12% | +5.60% | -3.46% | +29.47% | 24 |
| FAST Fastenal Company | 0.97% | 48.10 | +1.52% | +7.45% | +2.12% | +21.17% | 50 |
| AME Ametek Inc | 0.95% | 241.43 | -0.70% | +1.54% | +1.65% | +17.78% | 46 |
| ROK Rockwell Automation Inc | 0.94% | 471.17 | +1.11% | +1.37% | -1.18% | +21.90% | 36 |
| ODFL Old Dominion Freight Line | 0.82% | 226.28 | -0.22% | -3.62% | +3.42% | +44.51% | 55 |
| WAB Wabtec Corp | 0.82% | 305.79 | +1.63% | +16.04% | +13.45% | +43.61% | 83 |
| RSG Republic Services | 0.77% | 216.63 | -0.12% | +0.93% | +0.40% | +2.81% | 41 |
| UAL United Airlines Holdings | 0.68% | 123.77 | +2.65% | +5.16% | -9.07% | +10.69% | 16 |
| EME Emcor Group | 0.67% | 705.82 | -4.97% | -7.16% | -11.56% | +15.50% | 9 |
| AXON Axon Enterprise | 0.63% | 547.65 | +4.22% | +7.14% | +17.82% | -3.57% | 94 |
| PAYX Paychex Inc | 0.59% | 118.87 | +4.01% | +7.28% | +18.99% | +7.07% | 98 |
| DOV Dover Corp | 0.53% | 203.08 | -1.35% | -3.94% | -10.13% | +4.51% | 13 |
| OTIS Otis Worldwide Corp | 0.50% | 73.61 | +0.57% | +2.31% | +0.57% | -14.83% | 44 |
| CPRT Copart Inc | 0.50% | 30.69 | +3.02% | +12.96% | +0.46% | -21.61% | 43 |
| XYL Xylem Inc | 0.49% | 124.97 | +4.00% | +6.81% | +7.32% | -7.92% | 73 |
| IR Ingersoll Rand Inc | 0.48% | 86.50 | +2.17% | +6.92% | +6.30% | +9.24% | 65 |
| VRSK Verisk Analytics Inc | 0.47% | 212.26 | +2.71% | +8.71% | +16.51% | -4.87% | 93 |
| HUBB Hubbell Inc B | 0.46% | 483.66 | -2.87% | +0.78% | -6.45% | +9.53% | 20 |
| CHRW C.H. Robinson Ww | 0.42% | 169.34 | -2.93% | -19.14% | -5.57% | +6.06% | 21 |
| LUV Southwest Airlines Company | 0.41% | 46.31 | +2.05% | -4.89% | -10.79% | +12.53% | 11 |
| EXPD Expeditors Intl | 0.41% | 171.42 | +0.05% | -4.01% | +6.65% | +15.63% | 70 |
| JBHT J B Hunt Transport | 0.39% | 277.62 | -1.19% | -5.33% | -0.96% | +43.41% | 38 |
| VLTO Veralto Corporation | 0.38% | 98.47 | +4.44% | +9.19% | +9.89% | -1.16% | 78 |
| SNA Snap-On Inc | 0.37% | 419.31 | +2.92% | +3.79% | +5.59% | +23.29% | 61 |
| EFX Equifax Inc | 0.36% | 187.02 | +5.48% | +8.10% | +18.01% | -13.28% | 95 |
| FDXF Fedex Freight Holding Company Inc | 0.34% | 150.99 | +0.46% | +0.41% | -1.88% | — | 29 |
| FTV Fortive Corp | 0.34% | 64.09 | +1.86% | +5.64% | +4.25% | +16.21% | 57 |
| BR Broadridge Financial Solutions | 0.31% | 158.18 | +3.53% | +9.08% | +14.68% | -28.73% | 88 |
| LII Lennox International | 0.30% | 544.11 | -0.59% | +2.69% | -3.27% | +12.38% | 25 |
| IEX Idex Corp | 0.30% | 224.65 | +0.37% | +1.56% | -0.79% | +27.16% | 39 |
| TXT Textron Inc | 0.29% | 89.96 | -6.42% | -0.63% | -1.38% | +3.22% | 33 |
| LDOS Leidos Holdings Inc | 0.28% | 118.36 | +2.97% | +12.81% | +16.31% | -34.23% | 91 |
| GNRC Generac Holdings Inc | 0.28% | 195.60 | -0.98% | -9.28% | -29.80% | +43.43% | 0 |
| NDSN Nordson Corp | 0.28% | 302.65 | +1.77% | +4.34% | +0.39% | +26.27% | 40 |
| MAS Masco Corp | 0.27% | 81.61 | +0.55% | +6.24% | +2.05% | +29.77% | 49 |
| J Jacobs Engineering Group | 0.27% | 140.61 | +3.98% | +8.46% | +11.87% | +6.76% | 81 |
| ROL Rollins Inc | 0.25% | 39.01 | -0.15% | -11.06% | -9.85% | -34.59% | 14 |
| SWK Stanley Black & Decker | 0.24% | 94.19 | +0.02% | +6.80% | +2.40% | +28.21% | 53 |
| PNR Pentair Ltd | 0.22% | 66.77 | +5.68% | +9.08% | -12.63% | -35.53% | 6 |
| HII Huntington Ingalls Industries | 0.21% | 299.90 | +4.04% | +11.59% | +6.35% | -11.15% | 66 |
| ALLE Allegion Plc | 0.21% | 161.23 | +1.95% | +17.43% | +15.40% | +1.65% | 89 |
| BLDR Builders Firstsource | 0.16% | 73.68 | +1.32% | +5.65% | -17.34% | -28.39% | 1 |
| AOS Smith A.O. Corp | 0.12% | 64.01 | +2.51% | +8.93% | +3.71% | -3.27% | 56 |
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.