Constituent dispersion · breadth vs the index
XLU — Utilities 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 | +0.71% | +0.29 | +16pp | +1.74pp | Improving |
| 1 month | +5.04% | +3.48 | +23pp | +2.67pp | Confirming ↑ |
| 1 quarter | -0.25% | +0.39 | +42pp | +3.07pp | Improving |
Over the last 126 sessions: price down -2.10%, breadth up (+3.45/name) · % beating 42→71 · median−ETF -0.69pp→+2.55pp.
Stocks above their moving average — participation breadth
Of the 31 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 31 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 | 7 (23%) | 2 (6%) | +5 |
| 1-Month | 3 (10%) | 0 (0%) | +3 |
| 3-Month | 2 (6%) | 0 (0%) | +2 |
| 6-Month | 1 (3%) | 0 (0%) | +1 |
| 52-Week | 1 (3%) | 0 (0%) | +1 |
| YTD | 1 (3%) | 0 (0%) | +1 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.14% | +0.10% | +0.24pp | 18 / 13 | 21 / 10 | 27 of 31 | ±0.83% |
| 5d | +0.71% | +0.97% | +0.26pp | 22 / 8 | 19 / 12 | 13 of 31 | ±2.55% |
| 21d | +5.04% | +7.59% | +2.55pp | 26 / 5 | 22 / 9 | 4 of 31 | ±6.92% |
| YTD | +3.15% | +8.24% | +5.09pp | 25 / 6 | 22 / 9 | 2 of 31 | ±14.37% |
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)
- DUK+0.66%+0.05pp
- ATO+1.17%+0.02pp
- CNP+1.05%+0.02pp
- ED+0.75%+0.02pp
- AEP+0.38%+0.02pp
- CEG-3.02%-0.18pp
- NEE-0.68%-0.09pp
- VST-2.05%-0.07pp
- SRE-0.50%-0.02pp
- PEG-0.47%-0.01pp
This month (21d)
- NEE+9.88%+1.28pp
- DUK+9.56%+0.67pp
- SO+7.59%+0.57pp
- D+9.48%+0.4pp
- ED+11.27%+0.32pp
- VST-17.04%-0.58pp
- CEG-8.89%-0.52pp
- SRE-4.27%-0.19pp
- NRG-8.71%-0.17pp
- AES-0.40%0pp
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)
- AWK+16.06%
- WEC+11.53%
- ED+11.27%
- LNT+10.20%
- AEE+10.11%
- VST-17.04%
- CEG-8.89%
- NRG-8.71%
- SRE-4.27%
- AES-0.40%
XLU — constituent leadership race
$100 in each covered XLU 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 — 31 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| NEE Nextera Energy | 12.99% | 86.27 | -0.68% | +2.30% | +9.88% | +8.19% | 81 |
| SO Southern Company | 7.51% | 93.65 | +0.09% | -0.11% | +7.59% | +8.24% | 48 |
| DUK Duke Energy Corp | 7.05% | 128.94 | +0.66% | +1.92% | +9.56% | +10.94% | 74 |
| CEG Constellation Energy Corp | 5.89% | 267.76 | -3.02% | +1.66% | -8.89% | -24.10% | 3 |
| AEP American Electric Power | 5.07% | 127.84 | +0.38% | -0.81% | +2.91% | +11.74% | 23 |
| SRE Sempra | 4.37% | 78.38 | -0.50% | -8.18% | -4.27% | -10.61% | 10 |
| D Dominion Energy Inc | 4.21% | 68.37 | +0.19% | +2.38% | +9.48% | +19.12% | 71 |
| ETR Entergy Corp | 3.65% | 111.71 | -0.07% | +2.56% | +7.42% | +22.32% | 45 |
| EXC Exelon Corp | 3.43% | 45.53 | -0.26% | +0.07% | +8.10% | +5.34% | 58 |
| VST Vistra Energy Corp | 3.42% | 131.18 | -2.05% | -6.02% | -17.04% | -18.58% | 0 |
| XEL XCEL Energy Inc | 3.37% | 80.12 | -0.06% | +1.73% | +8.02% | +9.28% | 55 |
| PEG Public Service Enterprise Group | 2.89% | 74.68 | -0.47% | +2.57% | +5.54% | -6.25% | 32 |
| ED Consolidated Edison Company | 2.82% | 119.28 | +0.75% | +2.11% | +11.27% | +22.05% | 90 |
| PCG Pacific Gas & Electric Company | 2.70% | 13.23 | +0.68% | -0.45% | +0.53% | -17.44% | 16 |
| WEC Wisconsin Energy Corp | 2.68% | 117.01 | -0.12% | +1.40% | +11.53% | +12.84% | 94 |
| DTE Dte Energy Company | 2.22% | 138.99 | +0.46% | +3.52% | +8.54% | +8.61% | 68 |
| AEE Ameren Corp | 2.19% | 113.68 | -0.30% | +3.00% | +10.11% | +14.61% | 84 |
| ATO Atmos Energy Corp | 2.04% | 175.37 | +1.17% | +0.92% | +8.00% | +5.79% | 52 |
| EIX Edison International | 2.04% | 60.20 | +0.10% | +0.97% | +8.20% | +3.01% | 61 |
| CNP Centerpoint Energy | 2.03% | 41.24 | +1.05% | -3.03% | +5.66% | +8.75% | 35 |
| NRG NRG Energy | 1.93% | 97.11 | -0.30% | +0.88% | -8.71% | -38.64% | 6 |
| PPL PPL Corp | 1.92% | 35.72 | +0.06% | +0.03% | +4.02% | +2.76% | 26 |
| ES Eversource Energy | 1.87% | 69.62 | +0.19% | +0.85% | +5.33% | +5.73% | 29 |
| AWK American Water Works | 1.79% | 150.36 | +0.76% | +2.69% | +16.06% | +16.83% | 97 |
| FE Firstenergy Corp | 1.77% | 46.48 | -0.30% | -0.52% | +2.47% | +5.89% | 19 |
| NI NiSource Inc | 1.64% | 45.29 | +0.51% | +1.50% | +9.85% | +9.88% | 77 |
| CMS Cms Energy Corp | 1.64% | 69.78 | +0.33% | +0.50% | +5.95% | +1.31% | 39 |
| EVRG Evergy Inc | 1.40% | 88.44 | +0.51% | +3.50% | +8.52% | +24.06% | 65 |
| LNT Alliant Energy Corp | 1.36% | 73.24 | -0.30% | +1.55% | +10.20% | +14.43% | 87 |
| PNW Pinnacle West Capital Corp | 0.90% | 105.96 | +0.67% | -1.65% | +6.06% | +21.70% | 42 |
| AES The Aes Corp | 0.76% | 14.92 | +0.13% | +0.00% | -0.40% | +6.57% | 13 |
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
XLU dispersion — data Q&A
Is XLU's move broad or carried by a few names (21 sessions)?
As of 2026-11-10: over 21 sessions the fund returned +5.04% while its median constituent returned +7.59% — a dispersion of 6.92 pp; 71% of 31 members beat the fund. Broad advance - breadth is rising with price.
How did XLU's members trade in the last session?
As of 2026-11-10: fund -0.14%, median member +0.10%, 18 advancers vs 13 decliners.
What does the dispersion page for XLU 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. 31 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.