Constituent dispersion · breadth vs the index
IXG — Global Financials
Concentration 26.6% in top 5 42.37 effective names · HHI 236
RS vs S&P 500 21d -0.57pp sector return − SPY
RS vs Nasdaq-100 21d -1.12pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -1.2% · A/D -79 (-0.59/name)
IXG 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.
| Horizon | Price | A/D /name | % beating Δ | Median−ETF Δ | Read |
|---|---|---|---|---|---|
| 1 week | -0.47% | -0.05 | -6pp | -0.77pp | Weakening |
| 1 month | -1.20% | -0.59 | -4pp | -0.54pp | Confirming ↓ |
| 1 quarter | +5.44% | +3.23 | -10pp | -1.01pp | Confirming ↑ |
Over the last 126 sessions: price up +17.63%, breadth up (+8.09/name) · % beating 53→39 · median−ETF +0.35pp→-1.64pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.54% | +0.43% | -0.11pp | 88 / 44 | 60 / 73 | 86 of 133 | ±1.28% |
| 5d | -0.47% | -0.66% | -0.19pp | 59 / 73 | 65 / 68 | 34 of 133 | ±2.92% |
| 21d | -1.20% | -2.80% | -1.60pp | 43 / 90 | 56 / 77 | 15 of 133 | ±6.65% |
| YTD | +9.51% | +7.12% | -2.40pp | 87 / 46 | 60 / 73 | 6 of 133 | ±23.18% |
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)
- HSBA.LSE+1.96%+0.04pp
- GS+1.44%+0.03pp
- BBVA+2.60%+0.02pp
- HOOD+5.16%+0.02pp
- BLK+1.61%+0.02pp
- BRK-B-2.04%-0.12pp
- V-0.27%-0.01pp
- MA-0.36%-0.01pp
- AON-1.50%-0.01pp
- MRSH-1.23%-0.01pp
This month (21d)
- HOOD+19.97%+0.08pp
- BRK-B+1.24%+0.07pp
- V+1.56%+0.06pp
- COIN+18.97%+0.06pp
- INGA.AS+8.17%+0.05pp
- BAC-9.42%-0.22pp
- JPM-3.84%-0.22pp
- GS-8.55%-0.17pp
- MS-6.45%-0.11pp
- AXP-8.08%-0.09pp
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)
- HOOD+19.97%
- COIN+18.97%
- BBD+14.60%
- ITUB+14.07%
- IAG+10.83%
- NN-22.17%
- PGHN.SW-13.77%
- AON-13.74%
- ADYEN.AS-13.40%
- PYPL-12.39%
IXG — constituent leadership race
$100 in each covered IXG constituent at 2025-12-30, rebased to 100. Watch leadership change hands.
0%
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 — 133 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| BRK-B BERKSHIRE HATHAWAY INC CLASS B | 6.04% | 509.20 | -2.04% | +0.43% | +1.24% | +1.30% | 71 |
| JPM JP Morgan Chase & Company | 5.61% | 349.31 | +0.11% | -1.20% | -3.84% | +9.45% | 38 |
| V Visa Inc | 3.82% | 369.93 | -0.27% | +0.74% | +1.56% | +5.70% | 74 |
| MA Mastercard Inc | 2.79% | 565.73 | -0.36% | +0.06% | -1.49% | -0.58% | 56 |
| BAC Bank of America Corp | 2.35% | 58.18 | +0.48% | -7.00% | -9.42% | +6.38% | 11 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1537.40 | +1.96% | +0.55% | +1.51% | +35.29% | 73 |
| GS Goldman Sachs Group | 2.04% | 951.47 | +1.44% | -6.70% | -8.55% | +8.81% | 14 |
| MS Morgan Stanley | 1.65% | 203.52 | +0.54% | -4.30% | -6.45% | +15.89% | 25 |
| WFC Wells Fargo & Company | 1.61% | 86.89 | -0.18% | -2.86% | -0.58% | -6.31% | 62 |
| C Citigroup Inc | 1.50% | 132.70 | -0.19% | -4.19% | -3.60% | +14.85% | 42 |
| SAN Banco Santander ADR | 1.22% | 75.26 | +1.22% | +2.30% | -4.20% | -3.93% | 37 |
| ALV Allianz SE | 1.17% | 117.49 | +1.40% | -3.04% | -1.62% | +1.22% | 56 |
| AXP American Express Company | 1.14% | 311.17 | -0.40% | -2.97% | -8.08% | -15.44% | 17 |
| BLK Blackrock Inc | 1.05% | 1053.96 | +1.61% | -0.79% | -8.70% | -0.98% | 13 |
| SCHW The Charles Schwab Corp | 1.04% | 104.63 | -0.50% | -2.52% | -6.31% | +5.08% | 26 |
| UBSG.SW UBS GROUP AG | 0.98% | 41.89 | +0.31% | -4.69% | -2.31% | +14.78% | 53 |
| BBVA Banco Bilbao Viscaya Argentaria S.A. ADR | 0.88% | 28.83 | +2.60% | -0.03% | +0.14% | +27.54% | 68 |
| SPGI S&P Global Inc | 0.88% | 404.11 | -0.65% | -1.54% | -3.12% | -22.31% | 46 |
| CB Chubb Ltd | 0.82% | 341.90 | +0.11% | +1.26% | -0.98% | +9.86% | 59 |
| COF Capital One Financial Corp | 0.80% | 202.04 | -0.57% | -2.45% | -8.77% | -15.96% | 11 |
| PGR Progressive Corp | 0.80% | 216.29 | -0.32% | +0.05% | +4.37% | +1.07% | 86 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 607.60 | +0.73% | +3.83% | +3.54% | +6.57% | 83 |
| CME CME Group | 0.72% | 271.15 | -0.48% | -1.07% | -0.14% | +1.67% | 66 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 103.74 | +1.45% | +1.05% | -2.92% | +31.45% | 48 |
| BN Brookfield Corp | 0.69% | 37.19 | +0.43% | -2.08% | -11.73% | -18.69% | 4 |
| BNY Bank of New York Mellon Corp | 0.66% | 153.02 | -0.29% | -5.89% | -6.66% | +32.92% | 24 |
| BX Blackstone Inc | 0.61% | 125.41 | +1.59% | +0.00% | -10.80% | -16.93% | 6 |
| PNC PNC Bank | 0.61% | 232.01 | +0.22% | -4.51% | -8.76% | +12.87% | 12 |
| ICE Intercontinental Exchange | 0.59% | 153.30 | -0.52% | -1.28% | -1.84% | -5.04% | 55 |
| USB U.S. Bancorp | 0.58% | 60.25 | +0.87% | -3.46% | -7.01% | +14.08% | 22 |
| INGA.AS ING GROEP NV | 0.57% | 32.31 | +1.17% | +2.13% | +8.17% | +39.60% | 92 |
| BARC.LSE BARCLAYS PLC | 0.56% | 478.85 | +0.74% | -1.14% | -4.91% | +1.78% | 32 |
| MRSH Marsh & Mclennan Companies | 0.55% | 174.58 | -1.23% | -1.53% | -6.33% | -4.93% | 26 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 112.20 | +0.85% | +2.84% | -0.49% | +16.99% | 64 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 406.15 | +0.94% | +0.84% | -0.99% | +24.25% | 59 |
| AON AON Plc | 0.48% | 296.05 | -1.50% | -3.81% | -13.74% | -15.70% | 2 |
| MCO Moody's Corp | 0.47% | 461.88 | -0.74% | -1.17% | -4.92% | -9.17% | 32 |
| TRV The Travelers Companies | 0.46% | 379.49 | +0.15% | +3.25% | +3.14% | +31.31% | 81 |
| KKR KKR & Company LP | 0.45% | 98.19 | +1.39% | -2.66% | -8.40% | -22.68% | 15 |
| NWG Natwest Group Plc ADR | 0.43% | 712.80 | +1.51% | +4.45% | +2.83% | +13.87% | 80 |
| APO Apollo Asset Management | 0.42% | 126.00 | +1.18% | -1.49% | -5.47% | -12.24% | 29 |
| TFC Truist Financial Corp | 0.41% | 48.45 | +0.02% | -3.74% | -7.56% | +0.50% | 20 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 109.81 | +5.16% | -3.11% | +19.97% | -2.91% | 99 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 8262.00 | +1.37% | -2.94% | -2.87% | -6.67% | 49 |
| ALL Allstate Corp | 0.38% | 252.21 | -1.04% | +0.17% | -3.42% | +22.42% | 44 |
| AFL Aflac Inc | 0.38% | 116.60 | -0.18% | +1.86% | -3.73% | +6.85% | 40 |
| GLE Global Engine Group Holding Limited | 0.37% | 74.16 | +0.67% | +0.38% | -3.71% | +9.44% | 41 |
| AJG Arthur J. Gallagher & Company | 0.37% | 241.41 | -0.97% | -0.78% | -2.80% | -6.12% | 50 |
| NU Nu Holdings Ltd Cl A | 0.34% | 13.84 | +0.22% | -7.86% | -3.55% | -17.32% | 44 |
| CABK.MC CAIXABANK SA | 0.34% | 13.01 | -0.57% | -1.70% | +2.40% | +27.91% | 77 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2338.00 | +2.23% | +3.00% | +6.22% | +31.28% | 89 |
| G Genpact Ltd | 0.32% | 34.95 | -0.91% | +1.57% | +0.87% | -24.92% | 70 |
| MET Metlife Inc | 0.32% | 97.35 | +0.12% | +0.59% | +0.64% | +25.16% | 69 |
| SREN.SW SWISS RE AG | 0.32% | 139.50 | +0.14% | +3.14% | -0.46% | +10.17% | 65 |
| FITB Fifth Third Bancorp | 0.30% | 53.27 | +1.64% | -2.13% | -7.02% | +14.83% | 21 |
| ITUB Itau Unibanco Banco Holding S.A. ADR | 0.30% | 8.29 | +0.00% | -0.12% | +14.07% | +18.29% | 97 |
| STT State Street Corp | 0.29% | 183.07 | +0.09% | -4.30% | -4.59% | +43.79% | 35 |
| COIN Coinbase Global Cl A | 0.29% | 173.97 | +5.75% | +0.98% | +18.97% | -23.07% | 98 |
| MSCI MSCI Inc | 0.29% | 549.47 | +1.64% | +0.34% | -2.36% | -3.50% | 52 |
| AIG American International Group | 0.29% | 75.68 | -0.51% | +1.53% | -0.58% | -11.02% | 63 |
| AMP Ameriprise Financial Services | 0.29% | 545.70 | +0.89% | -1.41% | -2.92% | +12.03% | 47 |
| PYPL Paypal Holdings | 0.28% | 52.94 | +0.44% | -0.69% | -12.39% | -9.04% | 3 |
| NDAQ Nasdaq Inc | 0.28% | 91.31 | +2.87% | -0.43% | -5.58% | -5.69% | 28 |
| PRU Prudential Financial Inc | 0.27% | 117.93 | +0.76% | -0.46% | -4.21% | +7.36% | 35 |
| HIG The Hartford Insurance Group | 0.26% | 133.14 | -1.33% | -2.68% | -4.19% | -2.51% | 38 |
| XYZ Block Inc | 0.26% | 76.47 | -0.21% | -3.29% | -3.73% | +17.48% | 41 |
| IBKR Interactive Brokers | 0.25% | 88.38 | +1.89% | -1.16% | -2.41% | +37.71% | 51 |
| PRU Prudential Financial Inc | 0.25% | 117.93 | +0.76% | -0.46% | -4.21% | +7.36% | 35 |
| CBOE CBOE Global Markets | 0.25% | 266.67 | -1.39% | -7.24% | -8.36% | +6.73% | 16 |
| ADYEN.AS ADYEN NV | 0.24% | 913.30 | -0.15% | -0.62% | -13.40% | -33.58% | 2 |
| ACGL Arch Capital Grp Ltd | 0.24% | 96.70 | -0.28% | +0.52% | -2.23% | +0.81% | 54 |
| DANSKE.CO DANSKE BANK | 0.23% | 375.80 | +1.02% | +0.21% | +2.68% | +29.45% | 80 |
| SWED-A.ST SWEDBANK | 0.23% | 406.80 | +2.55% | +5.80% | +9.30% | +39.36% | 93 |
| MTB M&T Bank Corp | 0.22% | 226.36 | +0.15% | -5.30% | -10.00% | +13.92% | 10 |
| HBAN Huntington Bancshares | 0.22% | 15.88 | +1.37% | -4.14% | -10.08% | -7.54% | 8 |
| KBC.BR KBC GROEP | 0.22% | 133.40 | +1.10% | +2.58% | +3.69% | +24.49% | 83 |
| NTRS Northern Trust Corp | 0.21% | 176.94 | +0.17% | -5.48% | -7.16% | +30.87% | 20 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 935.60 | +1.45% | +3.15% | +2.14% | +6.47% | 75 |
| III Information Svcs Group | 0.21% | 2715.00 | +1.76% | +3.15% | -3.10% | -16.79% | 47 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 230.50 | +0.57% | +1.72% | +5.98% | +24.06% | 89 |
| FISV Fiserv Inc | 0.20% | 49.30 | -0.30% | +0.76% | -4.68% | -26.60% | 34 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 9.51 | +0.83% | +1.26% | -0.61% | -4.22% | 62 |
| CFG Citizens Financial Group | 0.18% | 67.39 | +0.82% | -3.22% | -8.26% | +17.02% | 17 |
| RJF Raymond James Financial | 0.18% | 163.77 | -0.49% | -5.62% | -8.66% | +2.71% | 14 |
| CINF Cincinnati Financial | 0.18% | 169.90 | -0.51% | +0.18% | -0.85% | +4.64% | 60 |
| ARES Ares Management LP | 0.18% | 125.32 | +0.89% | -3.05% | -10.68% | -21.41% | 7 |
| AV.LSE AVIVA PLC | 0.17% | 726.00 | +1.60% | +3.18% | -1.49% | +10.72% | 57 |
| A5G.IR AIB GROUP PLC | 0.17% | 11.71 | +0.34% | +2.18% | +10.22% | +33.91% | 95 |
| SYF Synchrony Financial | 0.17% | 74.41 | -0.63% | -1.37% | -7.66% | -10.09% | 19 |
| WTW Willis Towers Watson Public | 0.17% | 310.99 | -0.61% | -1.40% | -5.16% | -5.04% | 31 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 621.00 | +0.26% | -5.05% | -13.77% | -33.38% | 1 |
| CPAY Corpay Inc | 0.17% | 404.26 | +0.49% | -1.03% | -0.63% | +34.34% | 61 |
| RF Regions Financial Corp | 0.16% | 28.48 | +0.04% | -4.91% | -10.16% | +7.12% | 8 |
| NN Nextnav Inc | 0.16% | 14.92 | +2.05% | +0.61% | -22.17% | -10.34% | 0 |
| BAP Credicorp Ltd | 0.16% | 383.96 | +0.74% | +1.19% | +4.21% | +40.24% | 85 |
| TROW T Rowe Price Group | 0.16% | 102.84 | +0.43% | -3.19% | -6.78% | +1.95% | 23 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 155.05 | +1.54% | +3.54% | +6.38% | +32.16% | 90 |
| FIS Fidelity National Information Services | 0.15% | 36.43 | -1.14% | -4.33% | -11.04% | -44.71% | 5 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 43.59 | +0.51% | +2.23% | +8.73% | +51.47% | 92 |
| ACA Arcosa Inc | 0.15% | 145.45 | +0.21% | +0.14% | +0.07% | +36.97% | 68 |
| PFG Principal Financial Group | 0.14% | 115.94 | -0.60% | +0.85% | +2.47% | +33.68% | 77 |
| HBAN Huntington Bancshares | 0.14% | 15.88 | +1.37% | -4.14% | -10.08% | -7.54% | 8 |
| WRB W.R. Berkley Corp | 0.14% | 70.10 | +0.21% | +0.07% | -0.10% | +1.00% | 67 |
| KEY Keycorp | 0.14% | 20.95 | +1.11% | -3.59% | -8.07% | +3.52% | 18 |
| BBD Banco Bradesco S.A. ADR | 0.13% | 3.48 | -0.57% | -2.79% | +14.60% | +9.26% | 98 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 79 |
| BAM Brookfield Asset Management Ltd | 0.13% | 45.42 | +0.53% | -3.85% | -10.90% | -10.63% | 5 |
| L Loews Corp | 0.13% | 108.36 | -0.40% | -0.66% | -3.58% | +3.02% | 43 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 73.50 | +1.10% | -1.76% | -1.18% | +22.92% | 58 |
| GPN Global Payments Inc | 0.12% | 85.40 | -1.26% | -3.28% | -5.50% | +10.70% | 29 |
| BRO Brown & Brown | 0.12% | 65.12 | -1.15% | -1.82% | -6.13% | -17.87% | 27 |
| EG Everest Re Group | 0.10% | 380.12 | +0.62% | +2.45% | +3.47% | +12.71% | 82 |
| IAG Iamgold Corp | 0.09% | 20.16 | +3.49% | +0.35% | +10.83% | +22.26% | 96 |
| SUN Sunoco LP | 0.09% | 78.81 | -0.14% | +3.24% | +2.24% | +57.22% | 76 |
| BG Bunge Ltd | 0.09% | 119.31 | +1.86% | -4.24% | +4.33% | +35.52% | 86 |
| AIZ Assurant Inc | 0.09% | 283.81 | +0.09% | +1.01% | +1.34% | +18.32% | 72 |
| GL Globe Life Inc | 0.09% | 172.26 | -0.42% | +0.85% | -3.27% | +23.70% | 45 |
| IVZ Invesco Limited | 0.08% | 30.22 | +0.47% | -5.36% | -6.67% | +16.87% | 23 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 74.96 | +0.67% | +3.17% | +10.37% | +27.73% | 95 |
| ADM Archer Daniels Midland | 0.08% | 88.09 | +3.64% | +1.36% | +7.52% | +55.40% | 91 |
| EQT Eqt Corp | 0.08% | 50.35 | -0.12% | -8.39% | -5.25% | -5.53% | 30 |
| JKHY Jack Henry & Assoc | 0.07% | 156.21 | -1.74% | -3.23% | +2.02% | -13.70% | 74 |
| BEN Franklin Resources | 0.06% | 33.07 | +1.07% | -1.75% | -2.71% | +40.45% | 50 |
| MNG.LSE M&G PLC | 0.06% | 341.00 | +1.28% | +2.65% | -3.75% | +24.76% | 39 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 538.80 | +1.32% | +1.78% | +4.38% | +32.19% | 87 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 951.50 | +0.90% | +4.45% | +4.10% | +34.24% | 84 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 39.99 | +5.38% | +0.33% | +9.83% | +148.39% | 94 |
| FDS Factset Research Systems | 0.06% | 278.85 | +0.88% | +6.05% | -2.30% | -2.94% | 53 |
| TRYG.CO TRYG | 0.05% | 154.10 | +1.05% | +0.85% | +1.25% | -4.98% | 71 |
| EXO.AS EXOR NV | 0.05% | 71.40 | +0.07% | +0.85% | +2.51% | -0.73% | 78 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 544.50 | +1.40% | +1.78% | +4.71% | +33.44% | 88 |
| ERIE Erie Indemnity Company | 0.04% | 244.39 | -0.48% | +1.66% | -4.89% | -13.80% | 33 |
| BSAC Banco Santander Chile ADR | 0.03% | 34.29 | +0.41% | -2.78% | -0.44% | +15.70% | 65 |
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
IXG dispersion — data Q&A
Is IXG's move broad or carried by a few names (21 sessions)?
As of 2026-09-17: over 21 sessions the fund returned -1.20% while its median constituent returned -2.80% — a dispersion of 6.65 pp; 42% of 133 members beat the fund. Broad decline - breadth is falling with price.
How did IXG's members trade in the last session?
As of 2026-09-17: fund +0.54%, median member +0.43%, 88 advancers vs 44 decliners.
What does the dispersion page for IXG 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. 133 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.