Constituent dispersion · breadth vs the index
IXC — Global Energy
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 | -0.69% | +0.14 | +3pp | -1.13pp | Improving |
| 1 month | +1.86% | +0.69 | +3pp | -0.95pp | Confirming ↑ |
| 1 quarter | +16.97% | +4.89 | -31pp | -4.13pp | Confirming ↑ |
Over the last 126 sessions: price up +5.73%, breadth up (+7.2/name) · % beating 51→46 · median−ETF +1.43pp→-1.23pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.56% | +0.44% | -0.13pp | 23 / 12 | 16 / 19 | 22 of 35 | ±1.19% |
| 5d | -0.69% | -1.19% | -0.50pp | 13 / 22 | 16 / 19 | 7 of 35 | ±3.9% |
| 21d | +1.86% | +0.63% | -1.23pp | 18 / 17 | 16 / 19 | 5 of 35 | ±7.13% |
| YTD | +41.19% | +40.94% | -0.25pp | 32 / 3 | 17 / 18 | 2 of 35 | ±39.97% |
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)
- PSX+3.62%+0.07pp
- SU+2.76%+0.06pp
- VLO+2.29%+0.05pp
- MPC+1.94%+0.04pp
- KMI+1.89%+0.03pp
- TTE-0.50%-0.03pp
- HAL-1.39%-0.01pp
- SHEL-0.15%-0.01pp
- SLB-0.42%-0.01pp
- AKRBP.OL-1.71%-0.01pp
This month (21d)
- CVX+3.73%+0.37pp
- SHEL+5.40%+0.36pp
- VLO+17.85%+0.36pp
- MPC+15.54%+0.31pp
- PSX+12.62%+0.24pp
- XOM-1.38%-0.25pp
- BKR-12.22%-0.22pp
- WMB-4.42%-0.11pp
- KMI-4.75%-0.08pp
- TRGP-4.27%-0.07pp
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)
- PBR+18.56%
- VLO+17.85%
- MPC+15.54%
- PSX+12.62%
- REP.XETRA+8.59%
- BKR-12.22%
- EXE-7.46%
- FANG-6.23%
- PPL-5.67%
- EQT-5.25%
IXC — constituent leadership race
$100 in each covered IXC constituent at 2025-12-30, 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 — 35 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| XOM Exxon Mobil Corp | 17.75% | 163.27 | -0.03% | -1.19% | -1.38% | +36.58% | 43 |
| CVX Chevron Corp | 9.79% | 211.57 | +0.01% | -0.56% | +3.73% | +40.17% | 66 |
| SHEL Shell Plc ADR | 6.75% | 3571.00 | -0.15% | +1.08% | +5.40% | +32.77% | 77 |
| TTE Totalenergies Se ADR | 5.17% | 79.63 | -0.50% | +1.59% | +2.54% | +44.76% | 57 |
| COP Conocophillips | 4.04% | 133.19 | +0.49% | -2.81% | +2.67% | +43.39% | 60 |
| BP BP PLC | 3.26% | 45.42 | +0.09% | -1.43% | +4.63% | +35.64% | 71 |
| WMB Williams Companies | 2.59% | 71.81 | +1.28% | -0.67% | -4.42% | +20.32% | 20 |
| SLB Slb Limited | 2.34% | 52.08 | -0.42% | -7.02% | -2.12% | +36.50% | 34 |
| SU Suncor Energy Inc | 2.20% | 287.10 | +2.76% | -0.10% | -2.35% | +22.22% | 29 |
| EOG Eog Resources | 2.08% | 145.47 | +0.37% | -1.35% | -2.17% | +40.94% | 31 |
| VLO Valero Energy Corp | 2.01% | 412.53 | +2.29% | +7.03% | +17.85% | +156.17% | 94 |
| MPC Marathon Petroleum Corp | 2.00% | 421.96 | +1.94% | +7.53% | +15.54% | +160.76% | 91 |
| PSX Phillips 66 | 1.92% | 274.21 | +3.62% | +6.07% | +12.62% | +114.25% | 89 |
| KMI Kinder Morgan Inc | 1.79% | 31.31 | +1.89% | +1.16% | -4.75% | +16.06% | 17 |
| BKR Baker Hughes Company | 1.78% | 56.57 | +0.44% | -4.77% | -12.22% | +25.10% | 0 |
| OKE Oneok Inc | 1.59% | 93.22 | +0.56% | -2.61% | -3.97% | +30.11% | 26 |
| TRGP Targa Resources | 1.59% | 285.07 | +0.11% | -2.34% | -4.27% | +56.06% | 23 |
| DVN Devon Energy Corp | 1.49% | 48.72 | +0.58% | -1.97% | +1.86% | +33.70% | 54 |
| OXY Occidental Petroleum | 1.16% | 59.29 | -0.12% | -3.06% | -0.85% | +44.87% | 46 |
| CVE Cenovus Energy Inc | 1.12% | 32.91 | +1.20% | -0.82% | +1.20% | +96.85% | 51 |
| FANG Diamondback Energy | 1.07% | 196.94 | +1.23% | -4.11% | -6.23% | +31.79% | 6 |
| PBR Petroleo Brasileiro S.A. Petrobras ADR | 1.02% | 20.94 | +0.14% | -2.06% | +18.56% | +84.37% | 97 |
| EQT Eqt Corp | 0.99% | 50.35 | -0.12% | -8.39% | -5.25% | -5.53% | 11 |
| HAL Halliburton Company | 0.96% | 34.03 | -1.39% | -5.66% | -1.82% | +21.52% | 37 |
| REP.XETRA REPSOL SA | 0.80% | 29.71 | +2.20% | +2.59% | +8.59% | +91.90% | 86 |
| PPL PPL Corp | 0.79% | 33.60 | +0.57% | -1.78% | -5.67% | -3.34% | 9 |
| TPL Texas Pacific Land Trust | 0.63% | 347.20 | -0.39% | -5.16% | -4.97% | +21.21% | 14 |
| EXE Expand Energy Corporation | 0.63% | 88.33 | -0.46% | -8.82% | -7.46% | -19.04% | 3 |
| NESTE.HE NESTE | 0.39% | 34.31 | +2.63% | +3.97% | +6.78% | +78.01% | 80 |
| APA Apa Corp | 0.37% | 45.46 | +1.50% | +2.09% | +7.29% | +88.88% | 83 |
| AKRBP.OL AKER BP | 0.32% | 367.70 | -1.71% | +1.46% | +4.49% | +49.18% | 69 |
| OMV.XETRA OMV AG | 0.29% | 71.95 | -0.48% | +1.55% | +5.19% | +63.16% | 74 |
| GALP.LS GALP ENERGIA SGPS SA CLASS B | 0.26% | 22.05 | +0.78% | +2.70% | +2.75% | +53.22% | 63 |
| DCC.LSE DCC PLC | 0.19% | 6390.00 | +0.95% | +0.95% | +0.63% | +41.45% | 49 |
| EC Ecopetrol S.A. ADR | 0.09% | 17.38 | -0.46% | -3.82% | -1.70% | +82.07% | 40 |
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
IXC dispersion — data Q&A
Is IXC's move broad or carried by a few names (21 sessions)?
As of 2026-09-17: over 21 sessions the fund returned +1.86% while its median constituent returned +0.63% — a dispersion of 7.13 pp; 46% of 35 members beat the fund. Broad advance - breadth is rising with price.
How did IXC's members trade in the last session?
As of 2026-09-17: fund +0.56%, median member +0.44%, 23 advancers vs 12 decliners.
What does the dispersion page for IXC 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. 35 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.