Constituent dispersion · breadth vs the index
QTUM — Defiance Quantum
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 | +3.69% | +0.52 | -5pp | -1.77pp | Confirming ↑ |
| 1 month | -5.82% | -1.23 | +11pp | +3.41pp | Confirming ↓ |
| 1 quarter | +8.00% | -1.4 | +8pp | +5.59pp | Weakening |
Over the last 126 sessions: price up +25.31%, breadth up (+1.31/name) · % beating 48→48 · median−ETF -0.71pp→-0.62pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +3.36% | +2.09% | -1.27pp | 50 / 12 | 24 / 38 | 11 of 62 | ±3.77% |
| 5d | +3.69% | +2.38% | -1.31pp | 43 / 19 | 27 / 35 | 4 of 62 | ±7.77% |
| 21d | -5.82% | -6.46% | -0.64pp | 22 / 39 | 29 / 32 | 2 of 61 | ±14.33% |
| YTD | +33.40% | +18.63% | -14.77pp | 39 / 21 | 25 / 35 | 2 of 60 | ±52.72% |
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)
- CRWV+19.49%+0.19pp
- COHR+9.60%+0.17pp
- TSEM+6.67%+0.12pp
- MRVL+3.31%+0.09pp
- HPE+4.89%+0.08pp
- TXN-2.43%-0.03pp
- ON-1.48%-0.03pp
- NXPI-2.18%-0.02pp
- ADI-1.51%-0.02pp
- CRUS-1.56%-0.02pp
This month (21d)
- HPE+21.85%+0.36pp
- BABA+32.41%+0.2pp
- MSFT+24.88%+0.17pp
- NTNX+19.07%+0.17pp
- SNOW+18.21%+0.17pp
- INTC-24.39%-0.64pp
- STM-23.64%-0.6pp
- ARM-24.18%-0.56pp
- MRVL-20.98%-0.54pp
- MU-14.96%-0.48pp
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)
- BABA+32.41%
- MSFT+24.88%
- ACN+22.14%
- HPE+21.85%
- NTNX+19.07%
- INTC-24.39%
- ARM-24.18%
- STM-23.64%
- NOK-22.45%
- KLAC-22.42%
QTUM — constituent leadership race
$100 in each covered QTUM constituent at 2025-12-30, 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 — 62 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| MU Micron Technology | 3.19% | 829.50 | +0.79% | -7.85% | -14.96% | +190.76% | 23 |
| INTC Intel Corp | 2.62% | 91.00 | +0.89% | -0.73% | -24.39% | +146.61% | 0 |
| MRVL Marvell Technology Inc | 2.59% | 193.78 | +3.31% | +2.43% | -20.98% | +128.30% | 13 |
| STM Stmicroelectronics N.V. ADR | 2.52% | 52.19 | -0.38% | -2.36% | -23.64% | +101.77% | 3 |
| ARM Arm Holdings Plc ADR | 2.30% | 239.06 | -0.26% | -10.24% | -24.18% | +118.70% | 2 |
| NOK Nokia Corp ADR | 2.04% | 9.36 | +2.41% | +1.36% | -22.45% | +45.71% | 5 |
| AMD Adv Micro Devices | 1.98% | 484.64 | +1.78% | -2.08% | -6.41% | +126.30% | 51 |
| ALAB Astera Labs Inc | 1.91% | 321.05 | +3.16% | +13.64% | -21.01% | +92.99% | 11 |
| LRCX Lam Research Corp | 1.87% | 294.61 | +0.54% | +1.03% | -16.16% | +72.43% | 20 |
| MKSI Mks Inc | 1.82% | 309.98 | +4.21% | -1.81% | -15.20% | +94.17% | 21 |
| ON On Semiconductor | 1.82% | 80.40 | -1.48% | -9.70% | -11.86% | +48.48% | 33 |
| TSEM Tower Semiconductor | 1.78% | 234.32 | +6.67% | +4.51% | +6.97% | +99.56% | 74 |
| AMAT Applied Materials | 1.77% | 518.21 | +2.08% | +0.26% | -14.07% | +101.90% | 25 |
| COHR Coherent Corp | 1.77% | 288.14 | +9.60% | +6.20% | -13.56% | +56.11% | 28 |
| KLAC K L A-Tencor Corp | 1.76% | 182.75 | -0.04% | -10.13% | -22.42% | — | 7 |
| TER Teradyne Inc | 1.69% | 365.80 | -0.51% | +9.27% | -0.89% | +89.06% | 59 |
| ONTO Onto Innovation Inc | 1.65% | 268.49 | +3.83% | +2.35% | -12.71% | +70.08% | 31 |
| HPE Hewlett Packard Enterprise | 1.63% | 50.24 | +4.89% | +4.25% | +21.85% | +110.51% | 93 |
| LSCC Lattice Semicond | 1.58% | 127.18 | +2.34% | +3.47% | -6.85% | +72.85% | 48 |
| ASML ASML Holdings NY Reg ADR | 1.42% | 1642.52 | +0.83% | -0.64% | -7.17% | +54.06% | 44 |
| TXN Texas Instruments | 1.42% | 269.04 | -2.43% | -3.22% | -8.20% | +56.09% | 43 |
| NVEC Nve Corp | 1.38% | 122.92 | +5.72% | +5.63% | — | — | — |
| CSCO Cisco Systems Inc | 1.29% | 115.86 | -0.11% | +1.13% | +3.20% | +52.03% | 67 |
| ADI Analog Devices | 1.27% | 361.88 | -1.51% | -2.69% | -4.05% | +33.85% | 52 |
| MCHP Microchip Technology | 1.20% | 75.22 | +1.25% | -3.44% | -11.13% | +18.74% | 36 |
| TSM Taiwan Semiconductor ADR | 1.17% | 406.11 | +0.46% | +1.76% | -6.46% | +33.94% | 49 |
| NXPI Nxp Semiconductors | 1.13% | 224.17 | -2.18% | -16.25% | -17.99% | +3.81% | 18 |
| CRUS Cirrus Logic Inc | 1.11% | 127.33 | -1.56% | -6.46% | -12.93% | +7.45% | 30 |
| LMT Lockheed Martin Corp | 0.99% | 586.29 | +0.61% | +1.08% | +7.40% | +21.86% | 77 |
| QCOM Qualcomm Inc | 0.99% | 151.57 | +2.68% | -10.86% | -14.00% | -10.82% | 26 |
| CRWV Coreweave Inc Cl A | 0.98% | 85.76 | +19.49% | +21.15% | +4.91% | +19.76% | 70 |
| HON Honeywell International | 0.98% | 246.77 | +1.53% | +0.42% | +7.36% | +27.12% | 75 |
| CDNS Cadence Design Sys | 0.97% | 336.15 | -1.14% | -0.73% | -9.91% | +7.54% | 41 |
| GOOGL Alphabet Cl A | 0.96% | 373.51 | +4.88% | +14.38% | +3.78% | +19.42% | 69 |
| IONQ Ionq Inc | 0.96% | 38.85 | +6.61% | +8.16% | -20.91% | -13.42% | 15 |
| NVDA Nvidia Corp | 0.96% | 206.64 | +2.93% | +5.15% | +6.06% | +10.93% | 72 |
| NET Cloudflare Inc Cl A | 0.92% | 282.74 | +1.35% | +6.45% | +16.64% | +43.41% | 87 |
| SNOW Snowflake Inc Cl A | 0.92% | 307.53 | +4.86% | +12.68% | +18.21% | +40.19% | 89 |
| RTX Rtx Corp | 0.90% | 216.65 | +0.66% | -0.81% | +8.73% | +18.52% | 80 |
| TDC Teradata Corp | 0.89% | 32.09 | +3.55% | +7.72% | -7.15% | +5.42% | 46 |
| NTNX Nutanix Inc | 0.88% | 61.06 | +3.47% | +7.41% | +19.07% | +18.13% | 92 |
| NOC Northrop Grumman Corp | 0.85% | 548.47 | +1.10% | +0.16% | -0.10% | -3.50% | 62 |
| SNPS Synopsys Inc | 0.82% | 392.07 | +0.85% | +0.79% | -10.31% | -16.53% | 39 |
| BIDU Baidu Inc ADR | 0.79% | 113.06 | +1.76% | +7.38% | -0.21% | -13.47% | 61 |
| AVGO Broadcom Ltd | 0.79% | 392.23 | +0.76% | +2.35% | +8.82% | +13.57% | 82 |
| QBTS D-Wave Quantum Inc | 0.75% | 19.98 | +10.51% | +2.41% | -11.32% | -23.59% | 34 |
| IBM Intl Business Machines | 0.75% | 226.31 | +1.19% | +4.64% | -21.83% | -23.16% | 8 |
| BAH Booz Allen Hamilton Holding Corp | 0.71% | 71.15 | +2.05% | -0.68% | +13.93% | -15.02% | 85 |
| ORCL Oracle Corp | 0.71% | 141.85 | +9.22% | +18.31% | +1.48% | -26.78% | 66 |
| MSFT Microsoft Corp | 0.70% | 487.65 | +4.93% | +25.33% | +24.88% | +1.06% | 97 |
| MDB Mongodb Inc Cl A | 0.69% | 357.97 | +6.07% | +15.58% | +0.87% | -14.71% | 64 |
| RGTI Rigetti Computing Inc | 0.69% | 16.02 | +7.16% | +2.43% | -10.70% | -27.67% | 38 |
| QUBT Quantum Computing Inc | 0.68% | 8.74 | +7.90% | +9.80% | -3.43% | -14.81% | 54 |
| ESTC Elastic N.V. | 0.66% | 68.74 | +4.48% | +12.25% | +18.44% | -8.88% | 90 |
| WIT Wipro Ltd ADR | 0.65% | 2.05 | +3.54% | +7.33% | +8.47% | -25.95% | 79 |
| RDNT Radnet Inc | 0.63% | 66.80 | +4.74% | +8.60% | -2.84% | -6.38% | 56 |
| BABA Alibaba Group Holding ADR | 0.61% | 127.30 | +4.13% | +10.70% | +32.41% | -13.15% | 98 |
| PLTR Palantir Technologies Cl A | 0.58% | 125.65 | +2.10% | -4.47% | -2.82% | -29.31% | 57 |
| BTQ Btq Technologies Corp | 0.54% | 3.83 | +10.37% | +9.74% | -20.54% | -25.20% | 16 |
| CRM Salesforce Inc | 0.54% | 185.95 | +1.05% | +7.11% | +11.94% | -29.63% | 84 |
| ACN Accenture Plc | 0.54% | 165.76 | -0.10% | +7.59% | +22.14% | -37.33% | 95 |
| ARQQ Arqit Quantum Inc | 0.40% | 18.45 | +7.71% | +1.49% | -21.54% | -15.68% | 10 |
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.