Constituent dispersion · breadth vs the index

RXI — Global Discretionary

75/133 covered · 72% by weight · benchmark: RXI price · closes through 2026-09-17 ·holdings as of 2026-06-16

Concentration 45.58% in top 5 13.89 effective names · HHI 720
RS vs S&P 500 21d -4.48pp sector return − SPY
RS vs Nasdaq-100 21d -5.03pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -5.11% · A/D -200 (-2.67/name)
RXI 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 -0.22% -0.43 -5pp -0.88pp Weakening
1 month -5.11% -2.67 -9pp -1.20pp Confirming ↓
1 quarter -2.57% -2.43 -30pp -8.90pp Confirming ↓

Over the last 126 sessions: price up +1.05%, breadth down (-2.23/name) · % beating 41→43 · median−ETF -2.63pp→-1.06pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +0.92% +0.28% -0.65pp 43 / 32 26 / 49 30 of 75 ±1.47%
5d -0.22% -0.71% -0.49pp 29 / 46 33 / 42 23 of 75 ±3.49%
21d -5.11% -6.16% -1.06pp 10 / 65 31 / 44 13 of 75 ±6.44%
YTD -7.80% -6.93% +0.87pp 31 / 42 37 / 36 2 of 73 ±24.97%

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)

  • AMZN+2.13%+0.35pp
  • TSLA+2.27%+0.16pp
  • TJX+3.02%+0.08pp
  • GM+2.76%+0.03pp
  • EBAY+3.42%+0.03pp
  • SBUX-0.69%-0.01pp
  • HLT-1.01%-0.01pp
  • RCL-1.06%-0.01pp
  • YUM-1.60%-0.01pp
  • DASH-1.12%-0.01pp

This month (21d)

  • TSLA+8.71%+0.63pp
  • EBAY+10.73%+0.09pp
  • GM+3.48%+0.04pp
  • ULTA+5.22%+0.02pp
  • BBY+8.35%+0.02pp
  • AMZN-3.18%-0.52pp
  • HD-10.36%-0.44pp
  • TJX-16.11%-0.44pp
  • BKNG-18.12%-0.36pp
  • MCD-6.93%-0.22pp

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)

  • EBAY+10.73%
  • VOW.XETRA+9.49%
  • TSLA+8.71%
  • BBY+8.35%
  • ULTA+5.22%
  • CCL-18.70%
  • NCLH-18.29%
  • BKNG-18.12%
  • WYNN-18.10%
  • RCL-16.75%

RXI — constituent leadership race

$100 in each covered RXI 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 — 75 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
AMZN Amazon.com Inc 16.23% 251.19 +2.13% -0.28% -3.18% +8.83% 76
TSLA Tesla Inc 7.26% 366.20 +2.27% +0.73% +8.71% -18.57% 96
HD Home Depot 4.24% 302.51 +0.01% -1.04% -10.36% -11.50% 23
MCD McDonald's Corp 3.15% 248.48 -0.03% -1.81% -6.93% -18.24% 41
TJX TJX Companies 2.72% 126.55 +3.02% +0.10% -16.11% -17.38% 9
MC Moelis 2.17% 412.30 +0.33% +1.43% -9.58% -35.04% 31
BKNG Booking Holdings 2.00% 170.52 -0.51% -2.19% -18.12% 3
LOW Lowe's Companies 1.90% 194.19 +0.05% -1.22% -9.95% -18.73% 29
SBUX Starbucks Corp 1.85% 96.67 -0.69% -2.57% -8.81% +15.54% 36
CFR Cullen/Frost Bankers 1.66% 159.64 +0.13% -1.86% -4.60% +27.92% 64
MAR Marriot Int Cl A 1.27% 334.00 -0.29% +1.50% -6.34% +7.87% 45
ORLY O'Reilly Automotive 1.21% 84.89 +1.45% -0.73% -6.47% -6.93% 43
HLT Hilton Inc 1.15% 302.54 -1.01% -1.21% -7.65% +5.42% 39
ROST Ross Stores Inc 1.09% 229.48 +2.08% +1.77% -2.92% +27.66% 77
GM General Motors Company 1.08% 86.62 +2.76% +0.58% +3.48% +7.00% 92
ITX.MC INDUSTRIA DE DISENO TEXTIL SA 1.02% 52.40 -0.72% -3.99% -10.09% -5.40% 25
RCL Royal Caribbean Cruises Ltd 1.02% 249.74 -1.06% -3.01% -16.75% -9.52% 5
RMS.PA HERMES INTERNATIONAL 1.01% 1375.00 -0.58% -2.41% -13.11% -34.55% 11
PRX.AS PROSUS NV CLASS N 0.95% 35.79 +0.63% +1.40% -5.55% -32.28% 53
WES Western Midstream Partners LP 0.94% 47.16 +0.55% -2.14% -5.30% +27.23% 57
DASH Doordash Inc Cl A 0.92% 194.56 -1.12% -3.22% -10.07% -14.09% 27
AZO Autozone 0.88% 2844.31 -0.17% -1.29% -7.45% -16.13% 40
ABNB Airbnb Inc Cl A 0.88% 165.93 -0.94% -1.03% -9.45% +22.26% 32
F Ford Motor Company 0.84% 13.61 +1.95% -1.95% -2.30% +6.18% 79
EBAY Ebay Inc 0.83% 112.90 +3.42% +7.49% +10.73% +30.41% 99
NKE Nike Inc 0.82% 36.36 +1.62% -0.71% -9.24% -42.55% 35
CVNA Carvana Company Cl A 0.71% 65.84 +0.67% -6.32% +1.29% 91
YUM Yum! Brands 0.67% 135.75 -1.60% -5.66% -6.29% -9.41% 47
CMG Chipotle Mexican Grill 0.66% 33.51 -0.50% -7.25% +0.45% -9.43% 88
RACE Ferrari N.V. 0.66% 414.00 +0.40% +1.31% +0.38% +13.32% 87
GRMN Garmin Ltd 0.61% 279.11 +0.79% +2.94% -6.16% +38.12% 49
DHI D.R. Horton 0.61% 140.38 +1.49% +3.55% -3.64% -1.96% 72
CCL Carnival Corporation Ltd 0.52% 22.17 -0.81% -1.34% -18.70% -26.62% 0
TPR Tapestry Inc 0.44% 116.04 -1.61% +0.15% -12.26% -8.68% 12
AMS American Shared Hospital Services 0.42% 16.69 +1.58% -7.89% -6.39% +112.61% 44
QSR Restaurant Brands International 0.41% 73.29 -2.21% -4.18% -4.27% +9.35% 67
EXPE Expedia Group Inc 0.40% 284.55 -0.84% +2.77% -11.34% +0.87% 17
IHG Intercontinental Hotels Group ADR 0.36% 153.45 -0.07% +0.72% -3.91% +9.98% 68
WSM Williams-Sonoma 0.36% 218.92 +0.33% -2.15% -9.31% +23.46% 33
DRI Darden Restaurants 0.35% 206.74 -0.64% -0.38% -5.54% +14.06% 55
ULTA Ulta Beauty Inc 0.35% 543.73 +2.49% +1.51% +5.22% -10.13% 93
PHM Pultegroup 0.35% 118.84 +1.10% +2.31% -5.72% +1.56% 51
ALL Allstate Corp 0.35% 252.21 -1.04% +0.17% -3.42% +22.42% 73
NXT.LSE Nextpower Inc 0.32% 14920.00 +2.47% +0.03% -0.43% +11.95% 83
KER.PA KERING SA 0.31% 239.60 +0.67% +2.33% -7.86% -19.18% 37
LEN Lennar Corp 0.30% 79.70 +1.71% +2.31% -6.17% -21.71% 48
NVR NVR Inc 0.26% 6242.23 +0.90% +2.53% -0.10% -14.41% 85
TSCO Tractor Supply Company 0.26% 32.82 +0.12% -2.09% -4.82% -33.54% 61
LVS Las Vegas Sands 0.23% 40.67 -0.95% -4.53% -10.56% -36.83% 21
DECK Deckers Outdoor Corp 0.23% 79.71 +2.24% -0.21% -10.95% -23.11% 19
RL Ralph Lauren Corp 0.23% 333.08 -1.56% -1.07% -11.94% -5.55% 13
GPC Genuine Parts Company 0.21% 130.88 +0.28% -2.44% -0.77% +8.59% 81
LULU Lululemon Athletica 0.21% 99.39 +3.55% +2.59% -16.49% -52.17% 8
HAS Hasbro Inc 0.19% 88.76 -0.60% -1.55% -4.86% +9.88% 60
BBY Best Buy Company 0.18% 94.56 +3.36% +8.47% +8.35% +43.43% 95
APTV Aptiv Plc 0.18% 43.62 +0.65% -4.53% -10.25% -42.67% 24
GIL Gildan Activewear 0.17% 46.27 -0.11% -5.44% -16.66% -24.94% 7
DPZ Domino's Pizza Inc 0.15% 297.65 -1.21% -5.61% -11.48% -28.23% 16
HM-B.ST HENNES & MAURITZ 0.13% 164.30 -0.09% -0.03% -10.05% -9.68% 28
WYNN Wynn Resorts Ltd 0.13% 82.96 -1.51% -6.18% -18.10% -30.72% 4
NCLH Norwegian Cruise Ord 0.12% 14.39 -0.96% -1.24% -18.29% -35.53% 1
UHR.SW THE SWATCH GROUP AG 0.12% 177.25 +1.49% -0.14% -4.32% +7.76% 65
MGM MGM Resorts International 0.11% 38.31 -0.21% -5.94% -11.57% +4.99% 15
PNDORA.CO PANDORA 0.11% 807.80 +1.15% -0.12% +0.97% +19.77% 89
KGF.LSE KINGFISHER PLC 0.10% 309.40 +2.93% +7.28% -3.70% +1.89% 71
POOL Pool Corp 0.09% 167.65 -0.07% -4.61% -10.59% -25.72% 20
RNO.PA RENAULT SA 0.09% 28.95 +2.41% +0.10% -0.82% -12.05% 80
WTB.LSE WHITBREAD PLC 0.08% 2342.00 +0.04% -0.26% -5.03% -5.80% 59
BRBY.LSE BURBERRY GROUP PLC 0.08% 1013.50 +0.45% -1.55% -5.68% -20.13% 52
BTRW.LSE BARRATT REDROW PLC 0.08% 314.30 +1.78% +9.93% -0.13% -15.93% 84
SW Smurfit Westrock Plc 0.07% 45.48 +2.02% +7.75% -3.85% +20.01% 69
BKG.LSE BERKELEY GROUP HOLDINGS (THE) PLC 0.06% 3360.00 -0.18% +2.00% -4.60% -13.93% 63
TW TAYLOR WIMPEY PLC 0.06% 102.06 -0.30% -0.40% -3.23% -4.85% 75
VOW.XETRA VOLKSWAGEN AG 0.05% 83.05 +4.73% +2.15% +9.49% -20.98% 97
UHRN.SW THE SWATCH GROUP AG 0.04% 34.60 +1.32% -0.86% -5.46% +2.74% 56

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

RXI dispersion — data Q&A

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

As of 2026-09-17: over 21 sessions the fund returned -5.11% while its median constituent returned -6.16% — a dispersion of 6.44 pp; 41% of 75 members beat the fund. Broad decline - breadth is falling with price.

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

As of 2026-09-17: fund +0.92%, median member +0.28%, 43 advancers vs 32 decliners.

What does the dispersion page for RXI 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. 75 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.