Constituent dispersion · breadth vs the index

AIQ — Global X AI & Technology

66/66 covered · 79% by weight · benchmark: AIQ price · closes through 2026-08-03 ·holdings as of 2026-06-16

Concentration 29.47% in top 5 29.5 effective names · HHI 339
RS vs S&P 500 21d -3.80pp sector return − SPY
RS vs Nasdaq-100 21d -0.31pp sector return − QQQ
Breadth is roughly tracking price. Last 21 sessions — price -2.07% · A/D +0 (+0/name)
AIQ 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 +3.89% +0.97 -8pp -5.51pp Confirming ↑
1 month -2.07% +0 +18pp +5.53pp In line
1 quarter +6.60% -1.58 +35pp +16.07pp Weakening

Over the last 126 sessions: price up +15.64%, breadth up (+0.15/name) · % beating 26→68 · median−ETF -8.98pp→+5.56pp.

Stocks above their moving average — participation breadth

Of the 66 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 2026-08-03.

5-day 80.3% 53/66 above
20-day 65.15% 43/66 above
50-day 51.52% 34/66 above
100-day 59.09% 39/66 above
150-day 48.48% 32/66 above
200-day 42.19% 27/64 above
% of constituents above their 50-day average — breadth over the last year; 50% is the participation midpoint

New highs & new lows — by horizon

How many of the 66 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.

HorizonNew highsNew lowsNet
5-Day 33 (50%) 3 (5%) +30
1-Month 14 (21%) 2 (3%) +12
3-Month 4 (6%) 1 (2%) +3
6-Month 3 (5%) 0 (0%) +3
52-Week 2 (3%) 0 (0%) +2
YTD 3 (5%) 0 (0%) +3

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +2.85% +2.21% -0.65pp 52 / 14 23 / 43 23 of 66 ±3.28%
5d +3.89% +4.95% +1.05pp 52 / 14 40 / 26 8 of 66 ±7.89%
21d -2.07% +3.49% +5.56pp 41 / 25 45 / 21 3 of 66 ±12.81%
YTD +19.09% -12.76% -31.85pp 29 / 37 18 / 48 2 of 66 ±57.03%

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)

  • ORCL+9.22%+0.24pp
  • GOOGL+4.88%+0.13pp
  • META+6.02%+0.13pp
  • AMZN+4.58%+0.12pp
  • MSFT+4.93%+0.11pp
  • AAPL-1.78%-0.05pp
  • STX-2.93%-0.04pp
  • NXPI-2.18%-0.01pp
  • AMBA-3.86%-0.01pp
  • CDNS-1.14%-0.01pp

This month (21d)

  • MSFT+24.88%+0.53pp
  • BABA+32.41%+0.51pp
  • AMZN+17.04%+0.43pp
  • AVGO+8.82%+0.26pp
  • SAP+16.64%+0.24pp
  • INTC-24.39%-1.17pp
  • MU-14.96%-0.92pp
  • IBM-21.83%-0.43pp
  • TSLA-18.14%-0.41pp
  • MRVL-20.98%-0.38pp

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)

  • BABA+32.41%
  • MSFT+24.88%
  • ACN+22.14%
  • WDAY+21.90%
  • HPE+21.85%
  • INTC-24.39%
  • APP-22.94%
  • NOK-22.45%
  • IBM-21.83%
  • MRVL-20.98%

AIQ — constituent leadership race

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

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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 — 66 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
MU Micron Technology 6.15% 829.50 +0.79% -7.85% -14.96% +190.76% 11
AMD Adv Micro Devices 5.02% 484.64 +1.78% -2.08% -6.41% +126.30% 23
INTC Intel Corp 4.79% 91.00 +0.89% -0.73% -24.39% +146.61% 0
CSCO Cisco Systems Inc 4.05% 115.86 -0.11% +1.13% +3.20% +52.03% 48
TSM Taiwan Semiconductor ADR 3.22% 406.11 +0.46% +1.76% -6.46% +33.94% 21
AAPL Apple Inc 2.92% 303.42 -1.78% -9.94% -1.69% +11.71% 33
AVGO Broadcom Ltd 2.92% 392.23 +0.76% +2.35% +8.82% +13.57% 68
NVDA Nvidia Corp 2.76% 206.64 +2.93% +5.15% +6.06% +10.93% 61
GOOGL Alphabet Cl A 2.71% 373.51 +4.88% +14.38% +3.78% +19.42% 50
ORCL Oracle Corp 2.57% 141.85 +9.22% +18.31% +1.48% -26.78% 45
AMZN Amazon.com Inc 2.53% 284.02 +4.58% +22.75% +17.04% +23.05% 86
NFLX Netflix Inc 2.39% 73.33 +2.26% +4.16% -5.56% -21.79% 26
TSLA Tesla Inc 2.25% 322.08 +3.49% +4.16% -18.14% -28.38% 8
META META Platforms Inc 2.17% 590.24 +6.02% -0.61% +1.26% -10.51% 42
MSFT Microsoft Corp 2.15% 487.65 +4.93% +25.33% +24.88% +1.06% 97
IBM Intl Business Machines 1.96% 226.31 +1.19% +4.64% -21.83% -23.16% 5
PLTR Palantir Technologies Cl A 1.92% 125.65 +2.10% -4.47% -2.82% -29.31% 30
MRVL Marvell Technology Inc 1.83% 193.78 +3.31% +2.43% -20.98% +128.30% 6
QCOM Qualcomm Inc 1.75% 151.57 +2.68% -10.86% -14.00% -10.82% 12
BABA Alibaba Group Holding ADR 1.58% 127.30 +4.13% +10.70% +32.41% -13.15% 98
STX Seagate Technology Holdings 1.53% 831.06 -2.93% +1.72% +1.33% +202.30% 44
SAP SAP Ag ADR 1.44% 189.65 +3.28% +10.90% +16.64% -21.93% 85
CRM Salesforce Inc 1.20% 185.95 +1.05% +7.11% +11.94% -29.63% 74
APP Applovin Corp Cl A 1.18% 406.16 +2.59% -1.59% -22.94% -39.72% 2
UBER UBER Technologies Inc 1.10% 71.61 +1.78% +5.03% -3.79% -12.36% 27
SHOP Shopify Inc 1.02% 117.01 -0.12% -7.78% -2.05% -27.31% 32
NOW Servicenow Inc 0.82% 114.19 +2.66% +8.18% +7.40% -25.46% 67
ACN Accenture Plc 0.81% 165.76 -0.10% +7.59% +22.14% -37.33% 95
CDNS Cadence Design Sys 0.81% 336.15 -1.14% -0.73% -9.91% +7.54% 15
SNPS Synopsys Inc 0.67% 392.07 +0.85% +0.79% -10.31% -16.53% 14
NOK Nokia Corp ADR 0.66% 9.36 +2.41% +1.36% -22.45% +45.71% 3
ADBE Adobe Systems Inc 0.65% 251.34 +0.37% +5.72% +14.39% -28.19% 80
SNOW Snowflake Inc Cl A 0.61% 307.53 +4.86% +12.68% +18.21% +40.19% 89
NXPI Nxp Semiconductors 0.59% 224.17 -2.18% -16.25% -17.99% +3.81% 9
DDOG Datadog Inc Cl A 0.58% 273.60 +2.10% +8.63% +5.09% +101.19% 56
HPE Hewlett Packard Enterprise 0.56% 50.24 +4.89% +4.25% +21.85% +110.51% 92
HUT Hut 8 Corp 0.54% 112.08 +4.13% +7.16% +15.38% +143.97% 83
TWLO Twilio 0.40% 196.59 -0.39% +1.09% -6.08% +38.21% 24
CLS Celestica Inc 0.35% 341.91 +3.16% +7.44% +1.70% +15.66% 47
OKTA Okta Inc Cl A 0.32% 141.57 -0.25% +3.01% +0.11% +63.72% 38
ERIC Ericsson ADR 0.32% 10.08 +2.75% +4.24% -6.58% +5.99% 20
CRWV Coreweave Inc Cl A 0.30% 85.76 +19.49% +21.15% +4.91% +19.76% 55
TDC Teradata Corp 0.28% 32.09 +3.55% +7.72% -7.15% +5.42% 17
TRI Thomson Reuters Corp 0.27% 101.61 +3.55% +3.94% +13.90% -21.24% 77
BIDU Baidu Inc ADR 0.25% 113.06 +1.76% +7.38% -0.21% -13.47% 36
DT Dynatrace Inc 0.25% 44.54 +0.50% +1.88% -0.51% +2.77% 35
AMBA Ambarella Inc 0.24% 82.68 -3.86% +21.18% +5.51% +16.71% 59
EXPN.LN Experian Plc 0.24% 2811.00 +0.75% +0.25% +6.32% -16.03% 62
SMCI Super Micro Computer 0.23% 28.64 +0.85% -3.92% +5.22% -2.15% 58
GEHC GE Healthcare Technologies 0.23% 69.73 +2.51% +14.09% +6.35% -14.91% 64
ZBRA Zebra Technologies 0.23% 291.64 -0.74% +10.22% +9.15% +20.11% 70
QUBT Quantum Computing Inc 0.21% 8.74 +7.90% +9.80% -3.43% -14.81% 29
AI C3.Ai Inc Cl A 0.21% 9.73 +5.99% +10.32% +7.40% -27.82% 65
WDAY Workday Inc 0.21% 165.05 +2.94% +11.87% +21.90% -23.15% 94
EFX Equifax Inc 0.19% 174.11 +0.86% -1.80% +1.19% -19.26% 41
PATH Uipath Inc Cl A 0.17% 13.05 +2.27% +12.31% +11.44% -20.38% 73
G Genpact Ltd 0.17% 35.16 -0.03% +9.26% +20.82% -24.47% 91
SNAP Snap Inc 0.17% 5.04 +7.46% +11.50% +4.13% -37.55% 52
ZS Zscaler Inc 0.16% 154.46 +2.16% +4.86% +4.84% -31.33% 53
SOUN Soundhound AI Inc Cl A 0.16% 6.10 -0.49% -4.84% -6.87% -38.82% 18
PEGA Pegasystems Inc 0.16% 31.37 +2.68% +9.69% +1.03% -47.41% 39
DXC Dxc Technology Company 0.15% 10.97 -2.40% +5.89% +10.70% -25.12% 71
GLOB Globant S.A. 0.14% 37.14 +1.48% +13.79% +14.24% -43.18% 79
WIX Wix.com Ltd 0.14% 56.84 +3.29% +0.89% +15.18% -45.29% 82
CCC CCC Intelligent Solutions Hldgs Inc 0.14% 6.30 +3.45% +5.53% +12.90% -20.75% 76
PONY Pony AI Inc ADR 0.12% 8.05 +2.29% +9.08% +17.86% -44.48% 88

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.