Constituent dispersion · breadth vs the index

JXI — Global Utilities

43/66 covered · 79% by weight · benchmark: JXI price · closes through 2026-08-03 ·holdings as of 2026-06-16

Concentration 31.57% in top 5 27.93 effective names · HHI 358
RS vs S&P 500 21d -3.76pp sector return − SPY
RS vs Nasdaq-100 21d -0.27pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -2.03% · A/D -81 (-1.88/name)
JXI 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 -1.99% -1.67 -4pp -1.65pp Confirming ↓
1 month -2.03% -1.88 -37pp -4.56pp Confirming ↓
1 quarter -5.08% +0.88 -9pp -1.90pp Improving

Over the last 126 sessions: price up +3.66%, breadth up (+8.05/name) · % beating 39→40 · median−ETF -0.29pp→-2.07pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +0.07% -0.08% -0.16pp 17 / 24 16 / 27 33 of 43 ±1.44%
5d -1.99% -2.86% -0.88pp 5 / 38 13 / 30 13 of 43 ±2.63%
21d -2.03% -4.58% -2.55pp 10 / 33 13 / 30 3 of 43 ±5.35%
YTD +6.51% +9.27% +2.76pp 39 / 4 29 / 14 6 of 43 ±11.08%

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)

  • CEG+4.17%+0.16pp
  • VST+5.23%+0.11pp
  • NRG+3.11%+0.04pp
  • CNA+2.13%+0.01pp
  • AEP+0.37%+0.01pp
  • SO-1.69%-0.08pp
  • DUK-0.92%-0.04pp
  • NEE-0.43%-0.04pp
  • EIX-2.60%-0.03pp
  • SRE-0.93%-0.02pp

This month (21d)

  • CEG+14.40%+0.57pp
  • VST+3.24%+0.07pp
  • APA+13.94%+0.06pp
  • PCG+2.23%+0.04pp
  • CNA+4.73%+0.03pp
  • SO-5.14%-0.24pp
  • AEP-7.36%-0.23pp
  • IBE.MC-3.18%-0.2pp
  • DUK-4.10%-0.18pp
  • NEE-2.03%-0.17pp

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)

  • CEG+14.40%
  • APA+13.94%
  • CNA+4.73%
  • NTGY.MC+3.90%
  • UU.LSE+3.56%
  • H-10.30%
  • ORSTED.CO-9.05%
  • LNT-8.66%
  • WEC-8.04%
  • DTE-8.01%

JXI — constituent leadership race

$100 in each covered JXI 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 — 43 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
NEE Nextera Energy 8.26% 86.55 -0.43% -2.57% -2.03% +8.55% 70
IBE.MC IBERDROLA SA 6.28% 20.65 +0.00% -2.73% -3.18% +13.41% 63
SO Southern Company 4.59% 92.94 -1.69% -3.67% -5.14% +7.42% 40
DUK Duke Energy Corp 4.29% 124.28 -0.92% -3.53% -4.10% +6.93% 56
CEG Constellation Energy Corp 3.94% 273.71 +4.17% +1.37% +14.40% -22.42% 98
NG.LSE NATIONAL GRID PLC 3.77% 1189.00 -0.08% -2.74% -4.42% +6.87% 53
AEP American Electric Power 3.10% 128.32 +0.37% -3.94% -7.36% +12.16% 16
SRE Sempra 2.64% 87.73 -0.93% -3.86% -5.73% +0.06% 28
ENGI.PA ENGIE SA 2.59% 26.87 -0.89% -0.48% -3.10% +25.95% 65
D Dominion Energy Inc 2.58% 68.75 -0.61% -2.16% -1.43% +19.78% 72
ETR Entergy Corp 2.25% 108.06 +0.41% -5.01% -6.12% +18.32% 23
XEL XCEL Energy Inc 2.10% 77.69 -0.65% -3.74% -5.21% +5.96% 37
VST Vistra Energy Corp 2.09% 155.94 +5.23% -0.73% +3.24% -3.21% 86
EXC Exelon Corp 2.05% 45.63 -0.41% -3.22% -4.70% +5.58% 44
PEG Public Service Enterprise Group 1.73% 76.62 -0.08% -3.27% -6.13% -3.82% 21
ED Consolidated Edison Company 1.72% 107.95 -0.83% -3.18% -5.30% +10.46% 35
WEC Wisconsin Energy Corp 1.61% 109.28 -0.13% -3.99% -8.04% +5.39% 7
PCG Pacific Gas & Electric Company 1.60% 17.43 +0.29% -0.97% +2.23% +8.77% 84
AEE Ameren Corp 1.34% 109.50 -0.10% -2.33% -4.80% +10.40% 42
DTE Dte Energy Company 1.32% 141.72 -0.11% -3.74% -8.01% +10.74% 9
ATO Atmos Energy Corp 1.30% 172.89 +0.06% -2.99% -2.25% +4.30% 67
NRG NRG Energy 1.29% 138.47 +3.11% +1.80% +1.29% -12.50% 81
CNP Centerpoint Energy 1.22% 41.92 -0.29% -4.75% -6.03% +10.54% 26
EIX Edison International 1.20% 71.46 -2.60% -9.13% -4.43% +22.27% 51
PPL PPL Corp 1.19% 35.20 -0.03% -2.25% -4.58% +1.27% 49
ES Eversource Energy 1.16% 71.95 +0.50% -3.67% -3.34% +9.27% 60
AWK American Water Works 1.07% 131.30 -2.14% -2.42% -4.06% +2.02% 58
FE Firstenergy Corp 1.05% 48.43 +0.25% -1.80% -0.21% +10.34% 74
NI NiSource Inc 1.01% 44.53 +0.23% -2.14% -6.88% +8.04% 19
CMS Cms Energy Corp 1.00% 71.74 -0.35% -3.41% -7.71% +4.16% 14
EVRG Evergy Inc 0.86% 83.23 +0.27% -3.04% -5.56% +16.75% 30
LNT Alliant Energy Corp 0.83% 71.27 +0.69% -2.86% -8.66% +11.35% 5
EDP.LS EDP ENERGIAS DE PORTUGAL SA 0.69% 4.47 +0.00% -0.75% -4.63% +19.51% 47
UU.LSE UNITED UTILITIES GROUP PLC 0.60% 1397.00 +1.01% +2.27% +3.56% +17.00% 88
H Hyatt Hotels Corp 0.60% 171.58 -1.42% -10.25% -10.30% +7.21% 0
CNA CNA Financial Corp 0.54% 53.59 +2.13% -1.09% +4.73% +14.60% 93
PNW Pinnacle West Capital Corp 0.54% 100.81 +0.73% -3.47% -7.83% +15.79% 12
ORSTED.CO ORSTED A/S 0.53% 144.20 -0.55% -1.74% -9.05% +17.86% 2
NTGY.MC NATURGY ENERGY GROUP SA 0.53% 28.74 -0.76% -3.43% +3.90% +12.91% 91
FORTUM.HE FORTUM 0.47% 19.47 -1.32% -3.16% -5.56% +10.82% 33
AES The Aes Corp 0.47% 14.71 +0.20% +0.38% +0.89% +5.07% 77
APA Apa Corp 0.43% 36.87 -1.21% +6.13% +13.94% +53.19% 95
RED.MC REDEIA CORPORACION SA 0.21% 15.44 +0.78% -1.72% +0.98% +3.13% 79

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.

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Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.