Constituent dispersion · breadth vs the index
MXI — Global Materials
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 | +1.61% | +0.73 | — | — | Confirming ↑ |
| 1 month | -1.27% | +0.25 | — | — | Improving |
| 1 quarter | +1.81% | -0.65 | — | — | Weakening |
Over the last 126 sessions: price up +4.77%, breadth down (-0.71/name) · % beating —→— · median−ETF —→—.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.23% | +1.15% | -0.08pp | 37 / 14 | 25 / 27 | 26 of 52 | ±2.2% |
| 5d | +1.58% | +2.28% | +0.70pp | 39 / 13 | 31 / 21 | 11 of 52 | ±5.57% |
| 21d | -1.05% | +1.37% | +2.43pp | 32 / 19 | 34 / 17 | 5 of 51 | ±8.57% |
| YTD | +11.03% | +12.21% | +1.18pp | 33 / 15 | 26 / 23 | 1 of 49 | ±18.96% |
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)
- AI+5.99%+0.24pp
- AAL+5.04%+0.1pp
- SHW+3.92%+0.09pp
- CRH+3.77%+0.08pp
- NEM+1.77%+0.07pp
- CTVA-3.39%-0.06pp
- RIO-1.18%-0.04pp
- CF-5.50%-0.03pp
- HOLN.SW-2.10%-0.03pp
- RIO-1.18%-0.02pp
This month (21d)
- NUE+18.36%+0.31pp
- AI+7.40%+0.29pp
- STLD+17.24%+0.18pp
- FCX+4.38%+0.13pp
- GLEN.LSE+4.95%+0.12pp
- LIN-12.11%-0.96pp
- AAL-10.49%-0.21pp
- CTVA-11.38%-0.2pp
- CRH-8.31%-0.19pp
- APD-6.76%-0.14pp
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)
- MNDI.LSE+25.99%
- NUE+18.36%
- SYENS.BR+18.10%
- STLD+17.24%
- LYB+13.61%
- ALB-12.43%
- LIN-12.11%
- CTVA-11.38%
- AAL-10.49%
- BOL.ST-9.82%
MXI — constituent leadership race
$100 in each covered MXI constituent at 2026-01-06, 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 — 52 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| LIN Linde Plc | 7.90% | 480.46 | +0.43% | -5.24% | -12.11% | +13.06% | 2 |
| AI C3.Ai Inc Cl A | 3.96% | 9.73 | +5.99% | +10.32% | +7.40% | -27.82% | 76 |
| NEM Newmont Mining Corp | 3.89% | 95.37 | +1.77% | +2.03% | -1.72% | -4.07% | 27 |
| RIO Rio Tinto Plc ADR | 3.65% | 7089.00 | -1.18% | +3.76% | +0.27% | +21.50% | 37 |
| FCX Freeport-Mcmoran Inc | 2.94% | 63.64 | +1.61% | +1.47% | +4.38% | +25.89% | 61 |
| GLEN.LSE GLENCORE PLC | 2.41% | 539.00 | -0.74% | +3.83% | +4.95% | +32.59% | 63 |
| SHW Sherwin-Williams Company | 2.35% | 354.22 | +3.92% | +8.23% | +0.49% | +9.56% | 41 |
| CRH CRH Plc ADR | 2.23% | 98.59 | +3.77% | -4.15% | -8.31% | -20.44% | 14 |
| APD Air Products and Chemicals | 2.13% | 292.94 | -0.66% | +0.12% | -6.76% | +20.20% | 20 |
| ECL Ecolab Inc | 2.10% | 279.43 | +0.65% | +2.97% | -1.39% | +6.73% | 31 |
| AAL American Airlines Gp | 1.97% | 16.04 | +5.04% | +7.29% | -10.49% | +4.63% | 6 |
| CTVA Corteva Inc | 1.75% | 76.04 | -3.39% | -13.18% | -11.38% | +13.96% | 4 |
| NUE Nucor Corp | 1.70% | 261.28 | +1.55% | +5.41% | +18.36% | +60.73% | 96 |
| RIO Rio Tinto Plc ADR | 1.58% | 7089.00 | -1.18% | +3.76% | +0.27% | +21.50% | 37 |
| HOLN.SW HOLCIM LTD AG | 1.52% | 71.80 | -2.10% | -3.05% | -6.78% | -5.44% | 18 |
| VMC Vulcan Materials Company | 1.14% | 283.59 | +5.59% | -0.32% | -6.46% | -0.19% | 22 |
| K Kellanova | 1.13% | 83.44 | +0.00% | +0.35% | — | +0.00% | — |
| MLM Martin Marietta Materials | 1.07% | 542.27 | +3.26% | -5.20% | -9.53% | -12.68% | 10 |
| STLD Steel Dynamics Inc | 1.05% | 258.38 | +2.83% | +3.24% | +17.24% | +52.95% | 92 |
| SIKA.XETRA SIKA AG | 0.96% | 199.70 | +2.12% | +14.51% | +5.16% | +16.98% | 65 |
| GIVN.SW GIVAUDAN SA | 0.95% | 3263.00 | +1.02% | +1.40% | -6.96% | +6.58% | 16 |
| DOW Dow Inc | 0.85% | 29.89 | -1.32% | +3.97% | +7.87% | +30.67% | 78 |
| HEI Heico Corp | 0.83% | 360.44 | +1.14% | +0.92% | -0.46% | +11.43% | 33 |
| PPG PPG Industries | 0.79% | 114.01 | +3.16% | -3.76% | -9.03% | +12.64% | 12 |
| DSFIR.SW DSM FIRMENICH AG | 0.68% | 86.80 | -0.06% | +13.32% | +10.50% | — | 84 |
| ALB Albemarle Corp | 0.66% | 118.71 | +0.91% | +2.18% | -12.43% | -15.86% | 0 |
| SW Smurfit Westrock Plc | 0.65% | 46.88 | +1.98% | -6.41% | +2.07% | +23.70% | 51 |
| DD Dupont Denemours Inc | 0.63% | 141.28 | +3.12% | +0.94% | +0.98% | — | 43 |
| IFF International Flavors & Fragrances | 0.63% | 80.58 | +1.72% | +5.47% | -3.88% | +20.28% | 25 |
| PKG Packaging Corp of America | 0.63% | 251.09 | +2.14% | -0.51% | +5.41% | +22.47% | 67 |
| CF Cf Industries Holdings | 0.63% | 118.30 | -5.50% | -1.24% | +7.02% | +54.41% | 75 |
| ANTO.LSE ANTOFAGASTA PLC | 0.59% | 3679.00 | +0.66% | +3.60% | -4.89% | +12.21% | 24 |
| LYB Lyondellbasell Industries NV | 0.59% | 60.62 | -2.35% | +3.41% | +13.61% | +43.18% | 90 |
| AMCR Amcor Plc | 0.58% | 46.02 | +2.54% | +1.72% | +2.27% | — | 53 |
| IP International Paper Company | 0.55% | 41.45 | +1.52% | -2.26% | +6.86% | +7.86% | 73 |
| BOL.ST BOLIDEN | 0.53% | 475.80 | -0.21% | +0.40% | -9.82% | -5.56% | 8 |
| NHY.OL NORSK HYDRO | 0.51% | 87.12 | +0.53% | +2.30% | +1.07% | +14.63% | 45 |
| UPM.HE UPM-KYMMENE | 0.51% | 23.66 | +0.60% | +1.81% | +1.37% | -1.81% | 49 |
| BALL Ball Corporation | 0.49% | 65.15 | +0.39% | +0.74% | +2.78% | +23.81% | 55 |
| SCCO Southern Copper Corp | 0.49% | 185.91 | +1.75% | +3.67% | +8.08% | +33.27% | 82 |
| S32.LSE SOUTH32 LTD | 0.44% | 240.00 | +1.27% | +3.45% | +10.70% | +37.25% | 86 |
| AVY Avery Dennison Corp | 0.41% | 172.27 | +1.50% | +5.67% | +3.17% | -4.20% | 57 |
| AKZA.AS AKZO NOBEL NV | 0.33% | 61.54 | +1.35% | +5.30% | +1.22% | +7.11% | 47 |
| YAR.OL YARA INTERNATIONAL | 0.31% | 433.90 | -2.87% | -0.89% | -0.07% | +4.81% | 35 |
| STERV.HE STORA ENSO CLASS R | 0.23% | 10.03 | +0.93% | +4.59% | +6.77% | -5.07% | 71 |
| MOS Mosaic Company | 0.23% | 21.81 | -1.40% | -2.37% | +3.22% | -7.77% | 59 |
| SCA-B.ST SVENSKA CELLULOSA B | 0.20% | 110.65 | +2.22% | +2.26% | +11.86% | -7.20% | 88 |
| CRDA.LSE CRODA INTERNATIONAL PLC | 0.18% | 3242.00 | +1.15% | +10.84% | +6.47% | +22.88% | 69 |
| SYENS.BR SYENSQO NV | 0.17% | 78.30 | +1.89% | +11.14% | +18.10% | +17.37% | 94 |
| JMAT.LSE JOHNSON MATTHEY PLC | 0.16% | 1980.00 | -0.60% | +3.94% | -1.69% | -4.74% | 29 |
| AKE.PA ARKEMA SA | 0.15% | 61.15 | +3.82% | +10.48% | +8.04% | +24.46% | 80 |
| MNDI.LSE MONDI PLC | 0.14% | 895.00 | +0.31% | +18.89% | +25.99% | -0.96% | 98 |
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.