Constituent dispersion · breadth vs the index
EUROAI — Euro-AI Sovereign 50 (EW)
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 | +2.01% | +0.59 | -3pp | +0.63pp | Confirming ↑ |
| 1 month | -3.35% | -1.33 | +11pp | +2.81pp | Confirming ↓ |
| 1 quarter | +1.92% | -0.9 | +22pp | +10.42pp | Weakening |
Over the last 126 sessions: price up +24.98%, breadth up (+2.36/name) · % beating 51→56 · median−ETF +1.22pp→+1.83pp.
Stocks above their moving average — participation breadth
Of the 61 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.
New highs & new lows — by horizon
How many of the 61 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 | 34 (56%) | 2 (3%) | +32 |
| 1-Month | 15 (25%) | 1 (2%) | +14 |
| 3-Month | 8 (13%) | 1 (2%) | +7 |
| 6-Month | 4 (7%) | 0 (0%) | +4 |
| 52-Week | 3 (5%) | 0 (0%) | +3 |
| YTD | 3 (5%) | 0 (0%) | +3 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +2.00% | +1.31% | -0.69pp | 50 / 11 | 26 / 35 | 16 of 61 | ±2.76% |
| 5d | +2.01% | +1.17% | -0.84pp | 36 / 25 | 26 / 35 | 9 of 61 | ±5.79% |
| 21d | -3.35% | -1.51% | +1.83pp | 26 / 34 | 34 / 27 | 2 of 61 | ±12.41% |
| YTD | +32.55% | +17.88% | -14.67pp | 39 / 21 | 18 / 42 | 3 of 60 | ±57.24% |
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)
- NBIS+11.64%+0.18pp
- HAG.DE+8.25%+0.13pp
- M7U.DE+7.51%+0.12pp
- COTN.SW+6.80%+0.1pp
- SHL.DE+6.10%+0.09pp
- KTN.VI-6.12%-0.09pp
- YAR.OL-2.87%-0.04pp
- ASML.AS-1.02%-0.02pp
- OXIG.L-0.88%-0.01pp
- ASM.AS-0.75%-0.01pp
This month (21d)
- WKL.AS+20.83%+0.32pp
- SGE.L+19.83%+0.31pp
- SAP.DE+17.90%+0.28pp
- CAP.PA+16.65%+0.26pp
- HAG.DE+14.24%+0.22pp
- ATS.VI-31.56%-0.49pp
- BESI.AS-26.25%-0.4pp
- ARM-24.18%-0.37pp
- AIXA.DE-23.94%-0.37pp
- STM-23.64%-0.36pp
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)
- WKL.AS+20.83%
- SGE.L+19.83%
- SAP.DE+17.90%
- CAP.PA+16.65%
- HAG.DE+14.24%
- ATS.VI-31.56%
- BESI.AS-26.25%
- ARM-24.18%
- AIXA.DE-23.94%
- STM-23.64%
EUROAI — constituent leadership race
$100 in each covered EUROAI constituent at 2026-01-06, 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 — 61 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| ASML.AS ASML | 1.54% | 1419.60 | -1.02% | -0.71% | -13.14% | +54.62% | 18 |
| ARM ARM Holdings | 1.54% | 239.06 | -0.26% | -10.24% | -24.18% | +118.70% | 3 |
| NBIS Nebius Group | 1.54% | 212.58 | +11.64% | +13.15% | -1.41% | +153.96% | 51 |
| MTRS.ST Munters Group | 1.54% | 169.60 | +0.36% | -2.53% | -3.50% | -0.95% | 43 |
| VACN.SW VAT Group | 1.54% | 607.40 | +0.90% | -2.41% | -14.38% | +59.32% | 16 |
| BESI.AS BE Semiconductor | 1.54% | 201.40 | +1.59% | -1.80% | -26.25% | +51.53% | 2 |
| SMHN.DE SUSS MicroTec | 1.54% | 74.80 | +0.54% | +0.67% | -15.58% | +91.11% | 15 |
| ASM.AS ASM International | 1.54% | 795.20 | -0.75% | -0.40% | -18.49% | +53.63% | 11 |
| PATH UiPath | 1.54% | 13.05 | +2.27% | +12.31% | +11.44% | -20.38% | 85 |
| BNTX BioNTech | 1.54% | 92.25 | +1.84% | +1.27% | -5.43% | -3.10% | 38 |
| AIXA.DE AIXTRON | 1.54% | 37.48 | +3.34% | -2.17% | -23.94% | +116.58% | 5 |
| IFX.DE Infineon | 1.54% | 61.47 | -0.32% | -0.03% | -20.56% | +64.17% | 8 |
| ATS.VI AT&S | 1.54% | 138.60 | +5.96% | +1.17% | -31.56% | +330.43% | 0 |
| MYCR.ST Mycronic | 1.54% | 315.80 | +0.64% | -4.94% | +3.41% | +43.01% | 64 |
| HAG.DE Hensoldt | 1.54% | 86.34 | +8.25% | +4.07% | +14.24% | +17.63% | 92 |
| SU.PA Schneider Electric | 1.54% | 290.10 | +0.17% | +9.22% | +3.57% | +23.50% | 66 |
| REL.L RELX | 1.54% | 2649.00 | +1.61% | -1.23% | +13.50% | -12.28% | 90 |
| ETN Eaton | 1.54% | 438.23 | +5.55% | +9.93% | +9.96% | +38.02% | 82 |
| ENR.DE Siemens Energy | 1.54% | 147.54 | +0.07% | -0.57% | -12.24% | +23.06% | 21 |
| SAP.DE SAP | 1.54% | 164.64 | +4.41% | +8.83% | +17.90% | -19.64% | 95 |
| SIE.DE Siemens AG | 1.54% | 285.30 | +0.94% | +4.60% | +0.42% | +21.83% | 59 |
| ABBN.SW ABB | 1.54% | 80.08 | +0.70% | +1.37% | -8.35% | +37.23% | 30 |
| SAF.PA Safran | 1.54% | 351.30 | +3.81% | +5.43% | -1.51% | +18.12% | 49 |
| DSY.PA Dassault Systèmes | 1.54% | 20.75 | +3.49% | +1.67% | +12.19% | -12.96% | 89 |
| SHL.DE Siemens Healthineers | 1.54% | 39.11 | +6.10% | +9.98% | +11.84% | -10.84% | 87 |
| HO.PA Thales | 1.54% | 253.80 | +3.21% | +4.27% | +6.55% | +10.44% | 74 |
| WKL.AS Wolters Kluwer | 1.54% | 69.62 | +2.56% | +3.36% | +20.83% | -21.19% | 98 |
| CAP.PA Capgemini | 1.54% | 107.20 | +4.59% | +12.70% | +16.65% | -24.64% | 93 |
| RHM.DE Rheinmetall | 1.54% | 1175.00 | +3.07% | +11.84% | +7.46% | -24.73% | 77 |
| PHIA.AS Philips | 1.54% | 22.71 | -0.13% | -3.48% | -8.02% | -2.28% | 33 |
| STM STMicroelectronics | 1.54% | 52.19 | -0.38% | -2.36% | -23.64% | +101.77% | 7 |
| LR.PA Legrand | 1.54% | 134.50 | +2.36% | +1.97% | -6.17% | +5.70% | 36 |
| VWS.CO Vestas | 1.54% | 175.35 | +0.46% | +2.36% | -6.33% | +1.52% | 34 |
| PRY.MI Prysmian | 1.54% | 119.45 | -0.62% | -2.17% | -18.35% | +39.32% | 13 |
| ALFA.ST Alfa Laval | 1.54% | 566.80 | +0.57% | -0.11% | -3.74% | +23.74% | 41 |
| NEM.DE Nemetschek | 1.54% | 58.55 | +0.86% | -2.42% | +5.59% | -36.91% | 69 |
| KGX.DE Kion Group | 1.54% | 39.90 | +2.49% | -4.50% | -8.09% | -41.54% | 31 |
| NKT.CO NKT A/S | 1.54% | 884.50 | +0.06% | +0.51% | -9.88% | +10.77% | 28 |
| TEMN.SW Temenos | 1.54% | 69.10 | +3.21% | +6.06% | -0.72% | -13.19% | 52 |
| MELE.BR Melexis | 1.54% | 68.90 | +0.88% | +0.36% | -12.29% | +19.83% | 20 |
| TOM.OL Tomra Systems | 1.54% | 107.90 | +2.96% | +6.41% | +8.99% | -19.23% | 79 |
| COTN.SW Comet Holding | 1.54% | 348.60 | +6.80% | +1.10% | -11.07% | +55.18% | 26 |
| OXIG.L Oxford Instruments | 1.54% | 2708.00 | -0.88% | -8.27% | -11.85% | +32.10% | 25 |
| NOD.OL Nordic Semi | 1.54% | 160.50 | +1.13% | -0.50% | -11.91% | +20.41% | 23 |
| OVH.PA OVHcloud | 1.54% | 15.43 | +3.28% | -0.84% | +0.00% | +111.66% | 56 |
| KTN.VI Kontron AG | 1.54% | 22.10 | -6.12% | -6.75% | -4.82% | -2.90% | 39 |
| RR.L Rolls-Royce | 1.54% | 1506.80 | +2.66% | +6.59% | +0.17% | +31.60% | 57 |
| BAS.DE BASF | 1.54% | 51.06 | +1.31% | +5.91% | +6.86% | +20.03% | 75 |
| SGO.PA Saint-Gobain | 1.54% | 83.52 | +2.76% | +11.78% | +4.09% | -3.96% | 67 |
| EVK.DE Evonik | 1.54% | 17.59 | +0.29% | +3.23% | +9.87% | +31.66% | 80 |
| SY1.DE Symrise | 1.54% | 89.30 | +0.22% | +2.55% | -2.25% | +29.65% | 44 |
| SAN.PA Sanofi | 1.54% | 74.50 | +0.04% | -4.23% | -1.73% | -4.90% | 48 |
| AIR.PA Airbus | 1.54% | 208.00 | +2.87% | -0.43% | +0.90% | +6.78% | 61 |
| AFX.DE Carl Zeiss Meditec | 1.54% | 31.78 | +4.20% | +13.42% | +10.58% | -18.76% | 84 |
| SGE.L Sage Group | 1.54% | 999.40 | +2.69% | +12.19% | +19.83% | -6.47% | 97 |
| INF.L Informa | 1.54% | 896.40 | +1.20% | +1.04% | -2.20% | +1.40% | 46 |
| YAR.OL Yara International | 1.54% | 433.90 | -2.87% | -0.89% | -0.07% | +4.81% | 54 |
| CEVI.ST CellaVision | 1.54% | 148.00 | +0.54% | +4.37% | +1.09% | -3.76% | 62 |
| TIETO.HE Tietoevry | 1.54% | 18.82 | +1.51% | +4.38% | +5.97% | +5.46% | 70 |
| P4O.DE Plan Optik | 1.54% | 7.40 | -0.54% | -1.60% | -20.26% | — | 10 |
| M7U.DE Nynomic | 1.54% | 17.90 | +7.51% | +16.23% | +6.23% | +81.91% | 72 |
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.