Constituent dispersion · breadth vs the index

KXI — Global Staples

61/91 covered · 78% by weight · benchmark: KXI price · closes through 2026-09-17 ·holdings as of 2026-06-16

Concentration 38.52% in top 5 21.51 effective names · HHI 465
RS vs S&P 500 21d -1.25pp sector return − SPY
RS vs Nasdaq-100 21d -1.80pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -1.88% · A/D -94 (-1.54/name)
KXI 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 +0.39% -0.03 +0pp +0.11pp Weakening
1 month -1.88% -1.54 -10pp -1.85pp Confirming ↓
1 quarter +0.42% +0.07 -28pp -5.25pp Improving

Over the last 126 sessions: price up +0.85%, breadth down (-0.3/name) · % beating 38→41 · median−ETF -1.20pp→-1.70pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +0.00% +0.12% +0.12pp 33 / 26 33 / 26 47 of 61 ±1.17%
5d +0.39% +0.30% -0.09pp 32 / 29 28 / 33 23 of 61 ±2.3%
21d -1.88% -3.58% -1.70pp 18 / 43 25 / 36 6 of 61 ±6.93%
YTD +4.13% +2.43% -1.70pp 31 / 30 23 / 38 6 of 61 ±19.1%

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)

  • TGT+3.33%+0.05pp
  • NESN.SW+0.86%+0.04pp
  • ADM+3.64%+0.04pp
  • CASY+3.13%+0.03pp
  • PG+0.36%+0.02pp
  • WMT-0.66%-0.06pp
  • RKT-2.93%-0.03pp
  • PM-0.64%-0.03pp
  • PEP-0.51%-0.02pp
  • MO-0.57%-0.02pp

This month (21d)

  • MO+6.92%+0.23pp
  • PG+2.86%+0.16pp
  • KR+7.83%+0.08pp
  • ADM+7.52%+0.07pp
  • TGT+4.82%+0.07pp
  • WMT-7.08%-0.62pp
  • COST-7.01%-0.54pp
  • CASY-28.95%-0.24pp
  • PEP-4.62%-0.2pp
  • BN-11.73%-0.15pp

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)

  • EL+11.38%
  • KR+7.83%
  • ADM+7.52%
  • ABEV+7.19%
  • MO+6.92%
  • CASY-28.95%
  • CLX-19.47%
  • HRL-14.71%
  • DLTR-12.32%
  • RI.PA-11.74%

KXI — constituent leadership race

$100 in each covered KXI 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 — 61 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
WMT Walmart Inc 8.73% 106.79 -0.66% +1.00% -7.08% -3.95% 23
COST Costco Wholesale 7.65% 893.93 +0.02% -0.94% -7.01% +3.96% 25
PG Procter & Gamble Company 5.47% 147.55 +0.36% +3.20% +2.86% +4.47% 79
KO Coca-Cola Company 4.52% 88.06 +0.22% +0.86% -0.86% +26.83% 66
NESN.SW NESTLE SA 4.50% 78.33 +0.86% +0.76% -1.27% +3.54% 59
PM Philip Morris International 4.50% 190.48 -0.64% +0.37% +1.52% +19.81% 75
PEP Pepsico Inc 4.37% 133.66 -0.51% -2.19% -4.62% -6.04% 38
ULVR.LSE UNILEVER PLC 3.33% 4632.50 -0.16% +1.61% +1.19% -3.02% 70
MO Altria Group 3.30% 69.70 -0.57% +2.94% +6.92% +22.91% 92
MDLZ Mondelez Intl Inc 2.10% 62.04 -0.51% -0.69% -0.99% +16.25% 61
CL Colgate-Palmolive Company 1.94% 87.73 +0.82% -0.19% -4.08% +12.40% 41
MNST Monster Beverage Corp 1.64% 44.51 -0.13% +3.30% -6.06% +16.11% 30
TGT Target Corp 1.52% 159.83 +3.33% +2.63% +4.82% +66.73% 90
DGE.LSE DIAGEO PLC 1.26% 1626.00 +0.18% +1.47% -3.67% +2.43% 48
BN Brookfield Corp 1.25% 37.19 +0.43% -2.08% -11.73% -18.69% 8
RKT Rocket Companies Inc Cl A 1.09% 12.57 -2.93% -4.70% -10.15% -35.07% 11
TSCO Tractor Supply Company 1.06% 32.82 +0.12% -2.09% -4.82% -33.54% 34
KDP Keurig Dr Pepper Inc 1.04% 31.43 -1.16% -0.10% +2.08% +14.14% 77
KR Kroger Company 1.04% 60.75 -0.64% +6.67% +7.83% -1.77% 97
ADM Archer Daniels Midland 0.99% 88.09 +3.64% +1.36% +7.52% +55.40% 95
SYY Sysco Corp 0.98% 79.11 +0.51% -3.89% -3.48% +8.96% 51
KVUE Kenvue Inc 0.89% 17.87 +0.22% +0.45% -4.95% +6.05% 31
KMB Kimberly-Clark Corp 0.87% 98.19 +0.09% -0.29% -8.85% -0.12% 16
CASY Casey's General Stor 0.82% 607.45 +3.13% -3.22% -28.95% +10.08% 0
HSY Hershey Foods Corp 0.75% 168.33 -1.44% -3.45% -8.24% -6.18% 20
IMB.LSE IMPERIAL BRANDS PLC 0.75% 2496.00 +0.24% +0.32% -2.94% -16.54% 52
L Loews Corp 0.67% 108.36 -0.40% -0.66% -3.58% +3.02% 49
DG Dollar General Corp 0.62% 124.95 +1.58% +1.59% +3.40% -5.04% 82
CHD Church & Dwight Company 0.60% 95.05 -0.48% +1.18% -4.12% +14.08% 39
HEIA.AS HEINEKEN NV 0.59% 71.36 -0.45% +0.45% -0.86% +4.13% 64
STZ Constellation Brands 0.56% 122.45 -0.47% -1.10% -6.53% -10.07% 26
KHC Kraft Heinz Company 0.54% 24.73 +0.00% +1.39% -0.36% +3.69% 67
EL Estee Lauder Companies 0.52% 93.86 -1.82% -2.71% +11.38% -9.74% 98
TSN Tyson Foods 0.50% 52.26 +0.27% -0.38% -9.88% -9.37% 15
GIS General Mills 0.48% 36.66 -0.41% +1.95% -3.73% -18.70% 46
DLTR Dollar Tree Inc 0.47% 114.40 +1.78% -3.59% -12.32% -7.00% 5
BG Bunge Ltd 0.43% 119.31 +1.86% -4.24% +4.33% +35.52% 87
ESSITY-B.ST ESSITY CLASS B 0.43% 264.30 +0.23% +0.61% -2.54% +3.28% 54
RI.PA PERNOD RICARD SA 0.40% 60.12 -0.69% +1.04% -11.74% -17.76% 7
ABEV Ambev S.A. ADR 0.37% 2.98 -0.33% -1.97% +7.19% +20.99% 93
KRZ.IR KERRY GROUP PLC 0.37% 85.00 +0.24% +2.04% +3.72% +8.97% 85
LISN.SW CHOCOLADEFABRIKEN LINDT & SPRUENGL 0.35% 89700.00 +0.45% +0.56% -4.68% -21.62% 36
CARL-B.CO CARLSBERG AS CL B 0.32% 854.20 -0.16% -1.25% -3.94% +5.73% 43
MKC Mccormick & Company 0.32% 49.70 -0.72% -2.74% -10.09% -26.38% 13
LISP.SW CHOCOLADEFABRIKEN LINDT & SPRUENGL 0.31% 8680.00 +0.75% +0.46% -4.93% -23.77% 33
CLX Clorox Company 0.31% 85.00 +0.16% -4.25% -19.47% -13.69% 2
SJM J.M. Smucker Company 0.29% 123.75 +0.15% +2.21% +4.43% +29.21% 89
MOWI.OL MOWI 0.26% 202.80 +0.40% +0.20% +3.41% -15.10% 84
MKS.LSE MARKS AND SPENCER GROUP PLC 0.26% 365.00 -1.64% -3.29% -6.31% +11.51% 28
ORK.OL ORKLA 0.23% 91.65 +0.55% -0.43% -11.19% -15.71% 10
HEIO.AS HEINEKEN HOLDING NV 0.22% 67.25 -0.44% +0.30% -0.88% +8.07% 62
MICC The Magnum ICE Cream Company N.V. 0.21% 18.93 +0.69% -2.92% -0.26% +19.43% 69
SAP SAP Ag ADR 0.19% 213.66 +0.22% +3.74% +1.52% -12.04% 74
TAP Molson Coors Brewing 0.19% 39.08 -0.08% +1.66% -3.88% -14.41% 44
ABF.LSE ASSOCIATED BRITISH FOODS PLC 0.19% 1843.00 +0.22% -0.91% -8.58% -12.38% 18
KESKOB.HE KESKO CLASS B 0.17% 22.54 +1.53% +2.92% +3.21% +19.86% 80
CAG Conagra Brands 0.17% 15.18 +0.00% +3.27% -2.19% -8.32% 57
HRL Hormel Foods Corp 0.16% 20.76 -0.10% -0.38% -14.71% -10.03% 3
BARN.SW BARRY CALLEBAUT AG 0.14% 1122.00 +1.26% -1.75% +1.36% -12.11% 72
BF-B BROWN FORMAN CORP CLASS B 0.12% 26.50 +2.95% -0.34% -2.39% +2.63% 56
CPB The Campbell's Company 0.10% 21.18 -0.98% +1.15% -7.35% -21.49% 21

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

KXI dispersion — data Q&A

Is KXI's move broad or carried by a few names (21 sessions)?

As of 2026-09-17: over 21 sessions the fund returned -1.88% while its median constituent returned -3.58% — a dispersion of 6.93 pp; 41% of 61 members beat the fund. Broad decline - breadth is falling with price.

How did KXI's members trade in the last session?

As of 2026-09-17: fund +0.00%, median member +0.12%, 33 advancers vs 26 decliners.

What does the dispersion page for KXI 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. 61 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.