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 +3.04pp sector return − SPY
RS vs Nasdaq-100 21d +6.53pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +4.77% · A/D +282 (+2.27/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 | +1.04% | +0.5 | -5pp | -0.40pp | Confirming ↑ |
| 1 month | +4.77% | +2.27 | -29pp | -4.21pp | Confirming ↑ |
| 1 quarter | +10.48% | +6.05 | -13pp | -1.99pp | Confirming ↑ |
Over the last 126 sessions: price up +9.00%, breadth up (+7.9/name) · % beating 47→41 · median−ETF -0.42pp→-1.12pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.65% | +0.83% | +0.18pp | 94 / 29 | 72 / 52 | 74 of 124 | ±1.57% |
| 5d | +1.04% | +1.38% | +0.34pp | 84 / 40 | 68 / 56 | 32 of 124 | ±3.67% |
| 21d | +4.77% | +3.31% | -1.47pp | 93 / 31 | 50 / 74 | 14 of 124 | ±6.97% |
| YTD | +10.83% | +10.72% | -0.11pp | 87 / 37 | 62 / 62 | 6 of 124 | ±20.76% |
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)
- BLK+3.32%+0.03pp
- COF+4.15%+0.03pp
- BX+5.42%+0.03pp
- HSBA.LSE+1.36%+0.03pp
- AXP+2.52%+0.03pp
- MA-0.37%-0.01pp
- CBOE-4.00%-0.01pp
- CB-0.70%-0.01pp
- V-0.13%0pp
- CME-0.60%0pp
This month (21d)
- JPM+5.91%+0.33pp
- HSBA.LSE+10.09%+0.22pp
- MA+6.03%+0.17pp
- BAC+6.39%+0.15pp
- BLK+13.15%+0.14pp
- HOOD-19.86%-0.08pp
- PGR-9.37%-0.07pp
- C-4.57%-0.07pp
- BN-7.63%-0.05pp
- SPGI-5.37%-0.05pp
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)
- PYPL+27.27%
- G+20.82%
- CBOE+19.62%
- WTW+19.36%
- ARES+18.54%
- HOOD-19.86%
- NN-18.67%
- ASX-11.51%
- COIN-11.47%
- PGR-9.37%
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 — 124 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| BRK-B BERKSHIRE HATHAWAY INC CLASS B | 6.04% | 513.14 | +0.31% | +3.21% | +1.06% | +2.09% | 31 |
| JPM JP Morgan Chase & Company | 5.61% | 352.64 | +0.24% | -1.00% | +5.91% | +10.50% | 66 |
| V Visa Inc | 3.82% | 365.67 | -0.13% | +0.87% | +0.98% | +4.48% | 29 |
| MA Mastercard Inc | 2.79% | 570.97 | -0.37% | +3.49% | +6.03% | +0.34% | 68 |
| BAC Bank of America Corp | 2.35% | 62.48 | +0.86% | +0.56% | +6.39% | +14.24% | 70 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1597.40 | +1.36% | +2.98% | +10.09% | +40.57% | 89 |
| GS Goldman Sachs Group | 2.04% | 1027.06 | +0.85% | -2.02% | +0.59% | +17.46% | 27 |
| MS Morgan Stanley | 1.65% | 211.23 | +0.38% | -1.01% | -1.26% | +20.28% | 19 |
| WFC Wells Fargo & Company | 1.61% | 87.89 | +1.67% | +0.71% | +2.78% | -5.23% | 46 |
| C Citigroup Inc | 1.50% | 133.57 | +1.36% | +0.86% | -4.57% | +15.61% | 8 |
| SAN Banco Santander ADR | 1.22% | 74.50 | +0.04% | -4.23% | -1.73% | -4.90% | 15 |
| AXP American Express Company | 1.14% | 344.72 | +2.52% | +2.78% | -2.06% | -6.32% | 14 |
| BLK Blackrock Inc | 1.05% | 1126.63 | +3.32% | +6.07% | +13.15% | +5.85% | 92 |
| SCHW The Charles Schwab Corp | 1.04% | 105.87 | +0.60% | +1.62% | +9.14% | +6.32% | 82 |
| UBSG.SW UBS GROUP AG | 0.98% | 42.55 | +0.00% | -0.65% | +3.30% | +16.59% | 49 |
| SPGI S&P Global Inc | 0.88% | 416.25 | +1.05% | -5.36% | -5.37% | -19.98% | 6 |
| CB Chubb Ltd | 0.82% | 348.23 | -0.70% | -2.98% | -3.58% | +11.90% | 10 |
| COF Capital One Financial Corp | 0.80% | 217.68 | +4.15% | +5.13% | +6.12% | -9.45% | 69 |
| PGR Progressive Corp | 0.80% | 210.46 | -0.45% | -2.46% | -9.37% | -1.66% | 3 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 615.40 | -0.06% | -1.31% | +1.28% | +7.94% | 32 |
| CME CME Group | 0.72% | 266.17 | -0.60% | +4.23% | +12.50% | -0.20% | 90 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 111.82 | +1.91% | +3.92% | +8.94% | +41.69% | 81 |
| BN Brookfield Corp | 0.69% | 67.80 | +0.41% | -4.18% | -7.63% | -8.54% | 5 |
| BNY Bank of New York Mellon Corp | 0.66% | 156.20 | -0.08% | -1.00% | +6.53% | +35.68% | 71 |
| BX Blackstone Inc | 0.61% | 134.68 | +5.42% | +2.60% | +9.69% | -10.79% | 86 |
| PNC PNC Bank | 0.61% | 251.72 | +0.74% | +0.83% | +0.89% | +22.46% | 28 |
| ICE Intercontinental Exchange | 0.59% | 151.80 | -0.45% | +2.06% | +14.14% | -5.97% | 94 |
| USB U.S. Bancorp | 0.58% | 63.94 | +1.48% | +0.71% | +3.58% | +21.06% | 52 |
| INGA.AS ING GROEP NV | 0.57% | 30.29 | +0.82% | +4.81% | +7.05% | +30.85% | 73 |
| BARC.LSE BARCLAYS PLC | 0.56% | 515.00 | +1.24% | -2.90% | -1.40% | +9.47% | 18 |
| MRSH Marsh & Mclennan Companies | 0.55% | 192.84 | +1.66% | +5.20% | +8.01% | +5.01% | 78 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 116.60 | +1.66% | +1.66% | +1.35% | +21.58% | 33 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 416.00 | +1.22% | +2.29% | +2.51% | +27.27% | 43 |
| AON AON Plc | 0.48% | 357.63 | -0.81% | -2.38% | +0.05% | +1.83% | 26 |
| MCO Moody's Corp | 0.47% | 483.36 | +1.04% | -0.54% | -1.46% | -4.95% | 17 |
| TRV The Travelers Companies | 0.46% | 373.82 | -0.14% | -4.23% | +9.21% | +29.35% | 83 |
| KKR KKR & Company LP | 0.45% | 106.56 | +5.06% | +4.85% | +13.55% | -16.09% | 93 |
| NWG Natwest Group Plc ADR | 0.43% | 722.80 | +2.41% | +6.17% | +5.86% | +15.47% | 65 |
| APO Apollo Asset Management | 0.42% | 129.42 | +3.05% | +4.17% | +9.11% | -9.85% | 81 |
| TFC Truist Financial Corp | 0.41% | 51.92 | +0.15% | -0.38% | +1.84% | +7.70% | 36 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 90.34 | +4.37% | -5.55% | -19.86% | -20.12% | 0 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 8490.00 | +1.10% | -5.12% | -2.08% | -4.09% | 13 |
| ALL Allstate Corp | 0.38% | 262.68 | -0.53% | +0.54% | +4.93% | +27.50% | 61 |
| AFL Aflac Inc | 0.38% | 126.71 | -0.60% | +0.12% | +4.82% | +16.12% | 60 |
| GLE Global Engine Group Holding Limited | 0.37% | 83.09 | +2.19% | +6.40% | +7.43% | +22.62% | 75 |
| AJG Arthur J. Gallagher & Company | 0.37% | 247.79 | -0.65% | -2.20% | -1.84% | -3.64% | 15 |
| NU Nu Holdings Ltd Cl A | 0.34% | 14.44 | +0.77% | -0.62% | +6.10% | -13.74% | 69 |
| CABK.MC CAIXABANK SA | 0.34% | 12.53 | -0.28% | -5.72% | -0.95% | +23.24% | 21 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2201.00 | +0.59% | +3.04% | +3.72% | +23.59% | 53 |
| G Genpact Ltd | 0.32% | 35.16 | -0.03% | +9.26% | +20.82% | -24.47% | 98 |
| MET Metlife Inc | 0.32% | 96.31 | +0.19% | +1.18% | +6.94% | +23.82% | 73 |
| SREN.SW SWISS RE AG | 0.32% | 135.70 | +0.63% | -0.55% | +4.63% | +7.16% | 59 |
| FITB Fifth Third Bancorp | 0.30% | 56.90 | +0.71% | -0.18% | -0.45% | +22.65% | 23 |
| STT State Street Corp | 0.29% | 183.67 | -0.27% | -0.54% | +7.60% | +44.26% | 76 |
| COIN Coinbase Global Cl A | 0.29% | 146.50 | +0.16% | -12.53% | -11.47% | -35.22% | 2 |
| MSCI MSCI Inc | 0.29% | 574.43 | +0.38% | +0.60% | -4.76% | +0.88% | 7 |
| AIG American International Group | 0.29% | 78.79 | +0.27% | -0.47% | -0.76% | -7.36% | 23 |
| AMP Ameriprise Financial Services | 0.29% | 552.07 | +1.14% | +2.93% | +12.86% | +13.33% | 91 |
| PYPL Paypal Holdings | 0.28% | 57.87 | +1.15% | +3.21% | +27.27% | -0.57% | 99 |
| NDAQ Nasdaq Inc | 0.28% | 94.14 | -0.05% | +0.21% | +11.20% | -2.77% | 90 |
| PRU Prudential Financial Inc | 0.27% | 122.98 | +0.74% | +0.89% | +8.88% | +11.95% | 79 |
| HIG The Hartford Insurance Group | 0.26% | 142.90 | +0.70% | +1.97% | +3.66% | +4.64% | 52 |
| XYZ Block Inc | 0.26% | 82.09 | +1.05% | +1.05% | +4.14% | +26.12% | 56 |
| IBKR Interactive Brokers | 0.25% | 87.75 | -0.27% | -4.90% | -3.92% | +36.73% | 10 |
| PRU Prudential Financial Inc | 0.25% | 122.98 | +0.74% | +0.89% | +8.88% | +11.95% | 79 |
| CBOE CBOE Global Markets | 0.25% | 297.83 | -4.00% | +3.10% | +19.62% | +19.20% | 98 |
| ADYEN.AS ADYEN NV | 0.24% | 908.20 | +3.57% | +8.66% | +5.32% | -33.95% | 63 |
| ACGL Arch Capital Grp Ltd | 0.24% | 101.12 | +0.59% | -2.66% | -1.06% | +5.42% | 19 |
| DANSKE.CO DANSKE BANK | 0.23% | 375.20 | +0.54% | +2.79% | +3.53% | +29.25% | 51 |
| SWED-A.ST SWEDBANK | 0.23% | 383.90 | +0.76% | +2.70% | +4.83% | +31.51% | 60 |
| MTB M&T Bank Corp | 0.22% | 249.48 | +1.30% | +0.48% | +4.44% | +25.56% | 57 |
| HBAN Huntington Bancshares | 0.22% | 17.36 | +1.88% | +1.17% | -2.80% | +1.08% | 11 |
| KBC.BR KBC GROEP | 0.22% | 126.10 | +1.16% | +2.73% | +4.52% | +17.67% | 58 |
| NTRS Northern Trust Corp | 0.21% | 182.20 | +0.01% | -0.18% | +3.23% | +34.76% | 48 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 953.00 | -0.19% | +0.63% | +5.37% | +8.45% | 65 |
| III Information Svcs Group | 0.21% | 2867.00 | +0.10% | +2.32% | +9.80% | -12.14% | 88 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 225.30 | +0.90% | +2.46% | +14.25% | +21.26% | 94 |
| FISV Fiserv Inc | 0.20% | 54.35 | +0.76% | +3.90% | +3.86% | -19.09% | 55 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 9.53 | -0.98% | -1.49% | +2.01% | -4.04% | 38 |
| CFG Citizens Financial Group | 0.18% | 72.70 | +1.47% | +2.91% | +2.42% | +26.24% | 42 |
| RJF Raymond James Financial | 0.18% | 177.68 | +0.97% | +2.35% | +9.23% | +11.43% | 84 |
| CINF Cincinnati Financial | 0.18% | 178.03 | +0.20% | -3.37% | -7.29% | +9.65% | 6 |
| ARES Ares Management LP | 0.18% | 138.57 | +8.18% | +8.46% | +18.54% | -13.10% | 96 |
| AV.LSE AVIVA PLC | 0.17% | 701.60 | +1.18% | +2.04% | +4.97% | +7.00% | 62 |
| A5G.IR AIB GROUP PLC | 0.17% | 10.48 | +2.15% | -4.08% | +1.21% | +19.84% | 31 |
| SYF Synchrony Financial | 0.17% | 77.84 | +2.70% | +3.36% | +1.98% | -5.94% | 37 |
| WTW Willis Towers Watson Public | 0.17% | 341.63 | +1.70% | +12.88% | +19.36% | +4.31% | 97 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 694.00 | +3.27% | +2.09% | +2.33% | -25.55% | 41 |
| CPAY Corpay Inc | 0.17% | 385.78 | +0.96% | +1.60% | +9.45% | +28.20% | 85 |
| RF Regions Financial Corp | 0.16% | 31.48 | +1.71% | +2.41% | +3.96% | +18.40% | 56 |
| NN Nextnav Inc | 0.16% | 13.24 | +0.99% | +4.42% | -18.67% | -20.43% | 1 |
| TROW T Rowe Price Group | 0.16% | 113.51 | +1.57% | -4.78% | -4.25% | +12.52% | 9 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 146.80 | +0.79% | +1.63% | +2.19% | +25.13% | 40 |
| FIS Fidelity National Information Services | 0.15% | 44.78 | +0.02% | +3.75% | +7.13% | -32.04% | 74 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 39.43 | +1.10% | +3.79% | +3.08% | +37.01% | 48 |
| ACA Arcosa Inc | 0.15% | 19.45 | +0.88% | +4.49% | +9.73% | +18.47% | 87 |
| PFG Principal Financial Group | 0.14% | 115.13 | +1.26% | +3.45% | +3.84% | +32.74% | 54 |
| HBAN Huntington Bancshares | 0.14% | 17.36 | +1.88% | +1.17% | -2.80% | +1.08% | 11 |
| WRB W.R. Berkley Corp | 0.14% | 72.09 | -0.62% | -4.77% | +0.01% | +3.87% | 25 |
| KEY Keycorp | 0.14% | 22.81 | +0.97% | +1.33% | -0.91% | +12.71% | 22 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 45 |
| L Loews Corp | 0.13% | 116.25 | +0.21% | -1.93% | -0.23% | +10.52% | 24 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 71.78 | +1.27% | +1.76% | -1.67% | +20.04% | 16 |
| GPN Global Payments Inc | 0.12% | 86.19 | +2.51% | +2.53% | +9.61% | +11.72% | 85 |
| BRO Brown & Brown | 0.12% | 71.78 | +1.96% | +2.98% | +2.54% | -9.47% | 44 |
| EG Everest Re Group | 0.10% | 372.05 | -0.56% | -4.44% | +0.19% | +10.32% | 27 |
| BG Bunge Ltd | 0.09% | 105.40 | -0.78% | -10.30% | -1.00% | +19.72% | 20 |
| AIZ Assurant Inc | 0.09% | 282.39 | +1.15% | +1.99% | +1.04% | +17.72% | 30 |
| GL Globe Life Inc | 0.09% | 184.09 | +1.01% | +5.57% | +2.18% | +32.19% | 40 |
| IVZ Invesco Limited | 0.08% | 30.91 | +4.43% | +2.66% | +14.44% | +19.54% | 95 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 70.54 | -0.48% | +0.69% | +5.98% | +20.20% | 67 |
| ADM Archer Daniels Midland | 0.08% | 78.06 | -1.53% | -6.17% | +1.65% | +37.71% | 34 |
| EQT Eqt Corp | 0.08% | 53.56 | +0.51% | +3.00% | +1.81% | +0.49% | 35 |
| JKHY Jack Henry & Assoc | 0.07% | 156.53 | +1.62% | +2.32% | +6.58% | -13.52% | 72 |
| BEN Franklin Resources | 0.06% | 35.24 | +4.08% | +6.08% | +3.31% | +49.67% | 50 |
| MNG.LSE M&G PLC | 0.06% | 361.10 | +1.01% | +1.75% | +5.37% | +32.12% | 64 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 553.80 | +1.69% | +3.13% | +2.94% | +35.87% | 47 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 925.00 | +0.22% | +1.31% | +8.00% | +30.50% | 77 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 36.68 | +4.29% | +0.36% | -11.51% | +127.83% | 2 |
| FDS Factset Research Systems | 0.06% | 269.68 | +2.46% | +1.42% | +7.83% | -6.13% | 77 |
| TRYG.CO TRYG | 0.05% | 153.20 | -0.97% | -1.54% | +2.55% | -5.53% | 44 |
| EXO.AS EXOR NV | 0.05% | 70.70 | +2.02% | +2.39% | +2.09% | -1.70% | 39 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 558.50 | +1.73% | +2.95% | +1.73% | +36.87% | 35 |
| ERIE Erie Indemnity Company | 0.04% | 236.86 | -2.14% | +3.77% | -8.11% | -16.46% | 4 |
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.