Constituent dispersion · breadth vs the index
XLY — Consumer Discretionary 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 | -1.79% | -0.98 | -7pp | -0.76pp | Confirming ↓ |
| 1 month | -4.73% | -3.06 | -30pp | -3.93pp | Confirming ↓ |
| 1 quarter | -3.02% | -2.73 | -48pp | -10.77pp | Confirming ↓ |
Over the last 126 sessions: price down -0.93%, breadth down (-4.37/name) · % beating 37→33 · median−ETF -3.57pp→-2.45pp.
Stocks above their moving average — participation breadth
Of the 48 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 2026-09-14.
New highs & new lows — by horizon
How many of the 48 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 | 15 (31%) | 7 (15%) | +8 |
| 1-Month | 2 (4%) | 5 (10%) | -3 |
| 3-Month | 1 (2%) | 5 (10%) | -4 |
| 6-Month | 1 (2%) | 3 (7%) | -2 |
| 52-Week | 1 (2%) | 3 (7%) | -2 |
| YTD | 1 (2%) | 3 (6%) | -2 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.10% | +0.68% | +0.78pp | 31 / 17 | 32 / 16 | 25 of 48 | ±1.59% |
| 5d | -1.79% | -3.24% | -1.45pp | 10 / 38 | 16 / 32 | 6 of 48 | ±2.96% |
| 21d | -4.73% | -7.17% | -2.45pp | 6 / 42 | 16 / 32 | 5 of 48 | ±7.56% |
| YTD | -5.30% | -5.79% | -0.49pp | 19 / 27 | 23 / 23 | 1 of 46 | ±21.94% |
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%+0.08pp
- YUM+3.88%+0.04pp
- HD+0.69%+0.04pp
- AZO+3.09%+0.04pp
- MAR+1.72%+0.04pp
- TSLA-1.77%-0.34pp
- AMZN-1.26%-0.32pp
- RCL-1.85%-0.03pp
- F-0.79%-0.01pp
- GRMN-0.81%-0.01pp
This month (21d)
- TSLA+5.59%+1.08pp
- CMG+13.55%+0.13pp
- EBAY+4.22%+0.05pp
- BBY+11.11%+0.04pp
- ULTA+6.42%+0.03pp
- AMZN-4.37%-1.1pp
- TJX-18.09%-0.79pp
- BKNG-17.81%-0.55pp
- HD-9.02%-0.5pp
- RCL-17.60%-0.3pp
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%
- ULTA+6.42%
- TSLA+5.59%
- EBAY+4.22%
- NCLH-24.71%
- CCL-20.62%
- TJX-18.09%
- BKNG-17.81%
- RCL-17.60%
XLY — constituent leadership race
$100 in each covered XLY 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 — 48 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| AMZN Amazon.com Inc | 25.20% | 253.54 | -1.26% | -1.92% | -4.37% | +9.84% | 67 |
| TSLA Tesla Inc | 19.40% | 358.97 | -1.77% | +1.38% | +5.59% | -20.18% | 92 |
| HD Home Depot | 5.55% | 310.87 | +0.69% | -3.17% | -9.02% | -9.05% | 31 |
| TJX TJX Companies | 4.35% | 125.99 | -0.02% | -4.61% | -18.09% | -17.75% | 4 |
| MCD McDonald's Corp | 3.85% | 257.49 | +1.96% | +0.70% | -5.42% | -15.28% | 63 |
| BKNG Booking Holdings | 3.09% | 175.35 | +0.82% | -9.06% | -17.81% | — | 6 |
| LOW Lowe's Companies | 2.88% | 198.17 | +0.69% | -3.07% | -9.19% | -17.06% | 29 |
| SBUX Starbucks Corp | 2.73% | 99.07 | +0.33% | -5.17% | -8.21% | +18.41% | 40 |
| MAR Marriot Int Cl A | 2.06% | 340.46 | +1.72% | +1.17% | -3.23% | +9.95% | 71 |
| HLT Hilton Inc | 1.85% | 310.60 | +1.44% | -0.19% | -3.14% | +8.23% | 73 |
| ROST Ross Stores Inc | 1.81% | 230.04 | -0.30% | -0.09% | -6.09% | +27.97% | 54 |
| ORLY O'Reilly Automotive | 1.78% | 87.22 | +1.63% | -0.76% | -5.79% | -4.37% | 58 |
| RCL Royal Caribbean Cruises Ltd | 1.72% | 255.34 | -1.85% | -3.71% | -17.60% | -7.49% | 8 |
| GM General Motors Company | 1.71% | 87.16 | +1.80% | -0.68% | +0.89% | +7.67% | 88 |
| F Ford Motor Company | 1.35% | 13.86 | -0.79% | -5.20% | -0.22% | +8.13% | 85 |
| DASH Doordash Inc Cl A | 1.31% | 203.54 | +0.79% | -3.87% | -5.88% | -10.13% | 56 |
| ABNB Airbnb Inc Cl A | 1.30% | 170.65 | +0.27% | -6.21% | -7.82% | +25.74% | 44 |
| NKE Nike Inc | 1.25% | 37.05 | +0.68% | -3.52% | -10.14% | -41.46% | 23 |
| AZO Autozone | 1.20% | 2965.52 | +3.09% | -0.60% | -2.46% | -12.56% | 77 |
| EBAY Ebay Inc | 1.14% | 108.99 | +1.15% | +5.40% | +4.22% | +25.90% | 90 |
| CVNA Carvana Company Cl A | 1.06% | 70.87 | +2.47% | -4.99% | -3.84% | — | 69 |
| YUM Yum! Brands | 1.00% | 146.33 | +3.88% | -2.42% | -3.00% | -2.35% | 75 |
| CMG Chipotle Mexican Grill | 0.98% | 37.03 | +2.29% | +0.19% | +13.55% | +0.08% | 98 |
| DHI D.R. Horton | 0.97% | 139.41 | +1.10% | -2.34% | -6.99% | -2.64% | 50 |
| GRMN Garmin Ltd | 0.90% | 280.38 | -0.81% | +1.60% | -10.11% | +38.75% | 25 |
| CCL Carnival Corporation Ltd | 0.87% | 22.56 | -0.84% | -4.04% | -20.62% | -25.33% | 2 |
| TPR Tapestry Inc | 0.69% | 117.91 | -0.49% | -3.46% | -8.16% | -7.21% | 42 |
| WSM Williams-Sonoma | 0.62% | 229.43 | +1.41% | +0.88% | -5.37% | +29.39% | 65 |
| EXPE Expedia Group Inc | 0.61% | 287.86 | +2.50% | -3.42% | -12.32% | +2.04% | 19 |
| DRI Darden Restaurants | 0.57% | 218.57 | +4.14% | +0.78% | -2.21% | +20.58% | 79 |
| PHM Pultegroup | 0.55% | 118.94 | +0.58% | -4.43% | -8.89% | +1.65% | 35 |
| ULTA Ulta Beauty Inc | 0.48% | 548.65 | +0.34% | -2.74% | +6.42% | -9.32% | 94 |
| LEN Lennar Corp | 0.45% | 79.99 | +0.49% | -4.30% | -8.62% | -21.43% | 38 |
| NVR NVR Inc | 0.41% | 6299.56 | +2.25% | +0.01% | -1.18% | -13.62% | 83 |
| TSCO Tractor Supply Company | 0.38% | 33.83 | +2.48% | -3.32% | -6.47% | -31.50% | 52 |
| DECK Deckers Outdoor Corp | 0.38% | 80.54 | -0.90% | -6.14% | -13.68% | -22.31% | 17 |
| RL Ralph Lauren Corp | 0.36% | 341.43 | +0.69% | -2.78% | -11.86% | -3.18% | 21 |
| LVS Las Vegas Sands | 0.36% | 42.40 | -1.00% | -4.44% | -7.36% | -34.14% | 48 |
| BBY Best Buy Company | 0.36% | 94.83 | +4.44% | +5.05% | +11.11% | +43.84% | 96 |
| APTV Aptiv Plc | 0.34% | 44.79 | -1.65% | -6.59% | -8.91% | -41.14% | 33 |
| GPC Genuine Parts Company | 0.34% | 133.21 | -0.35% | -3.53% | -1.58% | +10.52% | 81 |
| LULU Lululemon Athletica | 0.30% | 100.30 | +1.34% | -0.31% | -16.11% | -51.73% | 10 |
| HAS Hasbro Inc | 0.26% | 90.76 | -0.85% | -1.91% | -5.44% | +12.36% | 60 |
| DPZ Domino's Pizza Inc | 0.23% | 323.77 | +3.91% | -5.08% | -7.73% | -21.93% | 46 |
| MGM MGM Resorts International | 0.22% | 39.83 | -0.15% | -3.37% | -9.62% | +9.15% | 27 |
| WYNN Wynn Resorts Ltd | 0.21% | 87.76 | +0.07% | -4.13% | -14.06% | -26.72% | 15 |
| NCLH Norwegian Cruise Ord | 0.21% | 14.72 | -0.67% | -5.46% | -24.71% | -34.05% | 0 |
| POOL Pool Corp | 0.15% | 171.76 | -0.74% | -7.27% | -14.36% | -23.90% | 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
XLY dispersion — data Q&A
Is XLY's move broad or carried by a few names (21 sessions)?
As of 2026-09-14: over 21 sessions the fund returned -4.73% while its median constituent returned -7.17% — a dispersion of 7.56 pp; 33% of 48 members beat the fund. Broad decline - breadth is falling with price.
How did XLY's members trade in the last session?
As of 2026-09-14: fund -0.10%, median member +0.68%, 31 advancers vs 17 decliners.
What does the dispersion page for XLY 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. 48 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.