Constituent dispersion · breadth vs the index

ARKK — ARK Innovation

42/42 covered · 94% by weight · benchmark: ARKK price · closes through 2026-09-17 ·holdings as of 2026-06-16

Concentration 32.09% in top 5 24.39 effective names · HHI 410
RS vs S&P 500 21d +10.45pp sector return − SPY
RS vs Nasdaq-100 21d +9.90pp sector return − QQQ
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price +9.82% · A/D -13 (-0.31/name)
ARKK 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 +4.65% +1.26 +4pp -2.98pp Confirming ↑
1 month +9.82% -0.31 -10pp -5.83pp Weakening
1 quarter +10.74% -1.95 -10pp -5.98pp Weakening

Over the last 126 sessions: price up +22.30%, breadth down (-0.9/name) · % beating 39→40 · median−ETF -4.08pp→-6.41pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +4.50% +2.99% -1.50pp 37 / 5 18 / 24 5 of 42 ±3.76%
5d +4.65% +1.46% -3.19pp 28 / 14 15 / 27 3 of 42 ±9.18%
21d +9.82% +3.41% -6.41pp 24 / 18 17 / 25 0 of 42 ±19.11%
YTD +13.00% +3.45% -9.55pp 22 / 19 14 / 27 0 of 41 ±90.02%

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)

  • TEM+14.85%+0.73pp
  • CRSP+9.80%+0.47pp
  • AMD+6.36%+0.32pp
  • TWST+8.73%+0.28pp
  • HOOD+5.16%+0.26pp
  • CRWV-4.36%-0.11pp
  • SHOP-1.05%-0.05pp
  • ROKU-0.67%-0.03pp
  • SOFI-0.65%0pp
  • XYZ-0.21%0pp

This month (21d)

  • TEM+62.80%+3.1pp
  • TWST+33.99%+1.08pp
  • TXG+38.36%+1.08pp
  • HOOD+19.97%+0.99pp
  • TSLA+8.71%+0.91pp
  • SHOP-12.27%-0.53pp
  • CRWV-14.44%-0.36pp
  • KTOS-23.12%-0.23pp
  • BEAM-7.15%-0.21pp
  • BABA-15.30%-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)

  • TEM+62.80%
  • BLSH+41.80%
  • TXG+38.36%
  • WGS+37.48%
  • TWST+33.99%
  • KTOS-23.12%
  • BABA-15.30%
  • ACHR-14.56%
  • CRWV-14.44%
  • TER-12.65%

ARKK — constituent leadership race

$100 in each covered ARKK 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 — 42 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
TSLA Tesla Inc 10.43% 366.20 +2.27% +0.73% +8.71% -18.57% 57
AMD Adv Micro Devices 5.06% 545.09 +6.36% +8.24% +12.53% +154.52% 60
HOOD Robinhood Markets Inc Cl A 4.95% 109.81 +5.16% -3.11% +19.97% -2.91% 74
TEM Tempus AI Cl A 4.94% 80.36 +14.85% +36.81% +62.80% +36.09% 98
CRSP Crispr Therapeutics Ag 4.77% 57.33 +9.80% +9.69% +8.22% +9.32% 55
ROKU Roku Inc 4.72% 154.08 -0.67% -0.03% -2.35% +42.02% 36
SHOP Shopify Inc 4.34% 128.60 -1.05% +1.58% -12.27% -20.11% 12
COIN Coinbase Global Cl A 3.70% 173.97 +5.75% +0.98% +18.97% -23.07% 71
CRCL Circle Internet Group Inc Cl A 3.48% 85.09 +5.77% -5.79% +18.63% +7.30% 69
TWST Twist Bioscience Corp 3.19% 155.56 +8.73% +22.63% +33.99% +390.42% 88
BEAM Beam Therapeutics Inc 3.00% 24.67 +6.80% +1.23% -7.15% -11.00% 24
PLTR Palantir Technologies Cl A 2.90% 176.24 +1.09% +6.26% +2.74% -0.85% 48
TXG 10X Genomics Inc 2.82% 76.97 +5.90% +15.95% +38.36% +371.92% 93
RBLX Roblox Corp Cl A 2.57% 47.50 +0.15% +5.84% +26.10% -41.38% 81
AMZN Amazon.com Inc 2.51% 251.19 +2.13% -0.28% -3.18% +8.83% 33
CRWV Coreweave Inc Cl A 2.47% 79.72 -4.36% -10.55% -14.44% +11.33% 7
GOOG Alphabet Cl C 1.91% 343.68 +1.27% +4.02% +0.70% +9.60% 43
BLSH Bullish Ord Shs 1.80% 34.91 +8.82% +3.04% +41.80% -7.82% 95
NVDA Nvidia Corp 1.73% 219.34 +2.54% +0.45% -0.18% +17.75% 40
BMNR Bitmine Immersion Technologies 1.54% 23.89 +4.73% -1.28% +30.69% -12.01% 86
XYZ Block Inc 1.52% 76.47 -0.21% -3.29% -3.73% +17.48% 29
ILMN Illumina Inc 1.44% 245.18 +7.10% +21.82% +30.21% +86.93% 83
NTRA Natera Inc 1.26% 366.31 +6.07% +12.32% +17.52% +59.90% 67
BABA Alibaba Group Holding ADR 1.25% 108.54 +1.18% -0.02% -15.30% -25.95% 2
DE Deere & Company 1.20% 685.63 +2.41% +1.13% +16.46% +47.70% 64
ACHR Archer Aviation Inc 1.17% 5.40 +3.45% -0.92% -14.56% -28.19% 5
AVGO Broadcom Ltd 1.15% 347.30 +2.29% -3.75% -8.61% +0.56% 21
CBRS Cerebras Systems Inc Cl A 1.10% 194.14 +1.93% +1.46% -11.76% 14
NTLA Intellia Thera CS 1.10% 12.26 +6.70% +2.77% +5.69% +36.37% 52
VCYT Veracyte Inc 1.04% 40.57 +5.38% -3.47% -0.27% -3.63% 38
KTOS Kratos Defense & Security Inc 1.01% 47.66 +0.15% +1.45% -23.12% -37.22% 0
TSM Taiwan Semiconductor ADR 1.00% 430.26 +3.00% +0.79% +4.08% +41.90% 50
TER Teradyne Inc 1.00% 353.13 +3.51% -4.61% -12.65% +82.52% 10
RXRX Recursion Pharmaceuticals Inc Cl A 0.99% 3.55 +11.29% +12.34% +14.89% -13.20% 62
META META Platforms Inc 0.94% 682.31 +1.34% +5.89% +25.50% +3.45% 79
WGS Genedx Holdings Corp 0.89% 104.95 +7.73% +25.00% +37.48% -19.31% 90
BWXT Bwx Technologies Inc 0.84% 146.35 +0.47% -4.03% -11.31% -15.21% 17
SOFI Sofi Technologies Inc 0.56% 16.73 -0.65% -2.79% -5.27% -36.10% 26
GOOGL Alphabet Cl A 0.52% 347.33 +1.30% +4.43% +0.91% +11.05% 45
FIG Figma Inc Cl A 0.50% 23.29 +1.00% +5.19% -10.46% -37.68% 19
CERS Cerus Corp 0.36% 2.66 +5.14% +8.13% -3.62% +29.13% 31
PACB Pacific Biosciences 0.29% 1.38 +2.99% +8.66% +21.05% -26.20% 76

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

ARKK dispersion — data Q&A

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

As of 2026-09-17: over 21 sessions the fund returned +9.82% while its median constituent returned +3.41% — a dispersion of 19.11 pp; 40% of 42 members beat the fund. Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing.

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

As of 2026-09-17: fund +4.50%, median member +2.99%, 37 advancers vs 5 decliners.

What does the dispersion page for ARKK 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. 42 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.