Constituent dispersion · breadth vs the index
XLI — Industrial Select Sector
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 | -0.02% | +0.3 | -3pp | -0.78pp | Improving |
| 1 month | -0.41% | +0.5 | +7pp | +1.82pp | Improving |
| 1 quarter | +7.12% | +2.16 | +6pp | +2.73pp | Confirming ↑ |
Over the last 126 sessions: price up +11.90%, breadth up (+2.79/name) · % beating 48→53 · median−ETF -0.63pp→+1.41pp.
Stocks above their moving average — participation breadth
Of the 80 covered constituents, the share trading above each simple moving average — the classic breadth gauge. A firm index price with a low %-above-MA is a narrow, top-heavy tape. As of 2026-08-03.
New highs & new lows — by horizon
How many of the 80 covered constituents closed today at a new high (or low) over each window, and the net. A shrinking net as the index holds up = fewer names leading.
| Horizon | New highs | New lows | Net |
|---|---|---|---|
| 5-Day | 30 (38%) | 7 (9%) | +23 |
| 1-Month | 12 (15%) | 3 (4%) | +9 |
| 3-Month | 8 (10%) | 0 (0%) | +8 |
| 6-Month | 3 (4%) | 0 (0%) | +3 |
| 52-Week | 3 (4%) | 0 (0%) | +3 |
| YTD | 3 (4%) | 0 (0%) | +3 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.85% | +1.35% | -0.50pp | 64 / 16 | 32 / 48 | 33 of 80 | ±2.27% |
| 5d | -0.02% | -0.38% | -0.36pp | 37 / 43 | 37 / 43 | 14 of 80 | ±5.56% |
| 21d | -0.41% | +1.00% | +1.41pp | 41 / 39 | 42 / 38 | 6 of 80 | ±8.16% |
| YTD | +18.41% | +14.82% | -3.59pp | 58 / 21 | 35 / 44 | 7 of 79 | ±23.44% |
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)
- BA+8.03%+0.25pp
- VRT+8.89%+0.19pp
- GE+2.46%+0.16pp
- ETN+5.55%+0.15pp
- CAT+1.87%+0.14pp
- CSX-1.13%-0.02pp
- UNP-0.31%-0.01pp
- GWW-0.79%-0.01pp
- JBHT-1.78%-0.01pp
- PCAR-0.47%-0.01pp
This month (21d)
- RTX+8.73%+0.39pp
- ETN+9.96%+0.28pp
- ADP+11.36%+0.19pp
- HON+7.36%+0.19pp
- EMR+11.36%+0.17pp
- CAT-13.86%-1.07pp
- GEV-9.55%-0.44pp
- VRT-12.47%-0.26pp
- GE-2.15%-0.14pp
- CARR-9.85%-0.1pp
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)
- ALLE+14.72%
- WAB+13.07%
- CTAS+12.48%
- HII+11.82%
- EMR+11.36%
- LII-23.69%
- CHRW-22.57%
- GNRC-20.36%
- BLDR-14.42%
- CAT-13.86%
XLI — constituent leadership race
$100 in each covered XLI constituent at 2025-12-24, 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 — 80 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| CAT Caterpillar Inc | 7.71% | 830.03 | +1.87% | -4.95% | -13.86% | +45.51% | 5 |
| GE GE Aerospace | 6.40% | 368.93 | +2.46% | +2.02% | -2.15% | +19.95% | 38 |
| GEV GE Vernova Inc | 4.62% | 1006.76 | +1.66% | +1.02% | -9.55% | +54.25% | 13 |
| RTX Rtx Corp | 4.49% | 216.65 | +0.66% | -0.81% | +8.73% | +18.52% | 83 |
| BA Boeing Company | 3.13% | 233.49 | +8.03% | +10.40% | +3.09% | +7.54% | 64 |
| UNP Union Pacific Corp | 2.95% | 291.23 | -0.31% | -2.70% | +3.18% | +27.21% | 65 |
| ETN Eaton Corp | 2.77% | 438.23 | +5.55% | +9.93% | +9.96% | +38.02% | 88 |
| DE Deere & Company | 2.65% | 605.06 | +2.09% | -3.19% | -2.61% | +30.34% | 34 |
| UBER UBER Technologies Inc | 2.58% | 71.61 | +1.78% | +5.03% | -3.79% | -12.36% | 23 |
| HON Honeywell International | 2.55% | 246.77 | +1.53% | +0.42% | +7.36% | +27.12% | 79 |
| VRT Vertiv Holdings Llc. | 2.11% | 263.05 | +8.89% | -8.54% | -12.47% | +62.41% | 8 |
| PH Parker-Hannifin Corp | 2.08% | 997.52 | +2.15% | +1.03% | +3.60% | +13.96% | 66 |
| LMT Lockheed Martin Corp | 1.99% | 586.29 | +0.61% | +1.08% | +7.40% | +21.86% | 80 |
| HWM Howmet Aerospace Inc | 1.93% | 286.34 | +1.45% | -0.56% | +5.89% | +39.81% | 76 |
| PWR Quanta Services | 1.92% | 680.20 | +1.92% | +9.66% | +1.78% | +61.24% | 54 |
| TT Trane Technologies Plc | 1.85% | 461.21 | +1.38% | -4.58% | -3.54% | +19.06% | 29 |
| GD General Dynamics Corp | 1.67% | 382.43 | -0.26% | -1.72% | +2.38% | +14.59% | 60 |
| CMI Cummins Inc | 1.66% | 648.85 | +2.31% | -1.96% | -1.94% | +27.94% | 39 |
| ADP Automatic Data Processing | 1.66% | 269.78 | +1.25% | +5.80% | +11.36% | +5.75% | 93 |
| JCI Johnson Controls Intl | 1.61% | 146.39 | -0.18% | +2.09% | +4.00% | +22.62% | 69 |
| CSX CSX Corp | 1.61% | 49.83 | -1.13% | -3.80% | +1.92% | +37.91% | 56 |
| MMM 3M Company | 1.52% | 177.23 | +0.54% | -0.56% | +10.46% | +11.20% | 89 |
| WM Waste Management | 1.48% | 226.43 | -0.05% | -4.82% | -1.72% | +3.92% | 40 |
| EMR Emerson Electric Company | 1.46% | 154.85 | +3.36% | +3.72% | +11.36% | +17.60% | 94 |
| UPS United Parcel Service | 1.46% | 106.87 | +2.54% | -5.38% | -3.42% | +9.25% | 30 |
| NOC Northrop Grumman Corp | 1.34% | 548.47 | +1.10% | +0.16% | -0.10% | -3.50% | 48 |
| FDX Fedex Corp | 1.33% | 309.24 | +0.60% | -0.50% | -1.20% | +7.49% | 43 |
| TDG Transdigm Group Inc | 1.29% | 1285.56 | +2.49% | -0.06% | -4.67% | -3.33% | 21 |
| NSC Norfolk Southern Corp | 1.28% | 336.65 | +0.35% | -1.95% | +4.32% | +17.62% | 73 |
| URI United Rentals | 1.23% | 1115.92 | +3.40% | -1.06% | +1.58% | +38.48% | 51 |
| ITW Illinois Tool Works | 1.23% | 288.49 | +0.54% | +1.29% | +5.77% | +17.87% | 75 |
| FIX Comfort Systems USA | 1.20% | 1770.96 | +2.39% | +2.34% | +1.70% | +89.93% | 53 |
| PCAR Paccar Inc | 1.13% | 132.06 | -0.47% | -1.03% | +10.51% | +21.28% | 90 |
| CTAS Cintas Corp | 1.09% | 204.01 | -0.30% | -3.30% | +12.48% | +8.73% | 96 |
| GWW W.W. Grainger | 1.05% | 1371.25 | -0.79% | -1.98% | +2.11% | +36.43% | 59 |
| LHX L3Harris Technologies | 1.05% | 277.86 | +0.29% | -8.44% | -8.01% | -5.02% | 14 |
| CARR Carrier Global Corp | 1.00% | 63.17 | +2.20% | -8.89% | -9.85% | +20.49% | 10 |
| DAL Delta Air Lines Inc | 0.98% | 91.59 | +4.75% | +5.68% | -1.01% | +32.68% | 45 |
| FAST Fastenal Company | 0.97% | 48.11 | +0.84% | +1.54% | -1.01% | +21.19% | 44 |
| AME Ametek Inc | 0.95% | 243.77 | +0.85% | +0.27% | +3.90% | +18.92% | 68 |
| ROK Rockwell Automation Inc | 0.94% | 480.98 | +0.19% | +3.21% | +1.97% | +24.43% | 57 |
| ODFL Old Dominion Freight Line | 0.82% | 211.52 | -0.29% | -6.72% | -2.82% | +35.09% | 33 |
| WAB Wabtec Corp | 0.82% | 296.47 | +1.93% | -1.47% | +13.07% | +39.23% | 98 |
| RSG Republic Services | 0.77% | 209.62 | -0.44% | -3.36% | -3.55% | -0.52% | 26 |
| UAL United Airlines Holdings | 0.68% | 128.39 | +5.82% | +6.49% | -3.70% | +14.82% | 25 |
| EME Emcor Group | 0.67% | 817.42 | +2.51% | +10.05% | +5.52% | +33.76% | 74 |
| AXON Axon Enterprise | 0.63% | 575.88 | +9.12% | +9.59% | -3.54% | +1.40% | 28 |
| PAYX Paychex Inc | 0.59% | 117.67 | +0.71% | +2.96% | +10.64% | +5.98% | 91 |
| DOV Dover Corp | 0.53% | 205.72 | +0.54% | -0.06% | -3.74% | +5.87% | 24 |
| OTIS Otis Worldwide Corp | 0.50% | 72.19 | +0.33% | -1.37% | -1.30% | -16.47% | 41 |
| CPRT Copart Inc | 0.50% | 29.35 | +0.79% | -1.48% | -2.20% | -25.03% | 36 |
| XYL Xylem Inc | 0.49% | 119.08 | +1.80% | -0.90% | +0.81% | -12.26% | 49 |
| IR Ingersoll Rand Inc | 0.48% | 87.78 | +5.28% | +3.69% | +8.92% | +10.86% | 84 |
| VRSK Verisk Analytics Inc | 0.47% | 193.11 | -0.89% | -6.56% | +2.53% | -13.45% | 63 |
| HUBB Hubbell Inc B | 0.46% | 476.04 | +0.74% | -4.40% | -2.27% | +7.80% | 35 |
| CHRW C.H. Robinson Ww | 0.42% | 147.00 | -0.49% | -15.74% | -22.57% | -7.93% | 1 |
| LUV Southwest Airlines Company | 0.41% | 47.07 | +4.67% | +3.72% | -6.33% | +14.38% | 19 |
| EXPD Expeditors Intl | 0.41% | 170.59 | +1.61% | -0.44% | +1.80% | +15.07% | 55 |
| JBHT J B Hunt Transport | 0.39% | 266.91 | -1.78% | -5.00% | -6.62% | +37.87% | 16 |
| VLTO Veralto Corporation | 0.38% | 94.82 | +0.69% | +0.57% | +2.45% | -4.83% | 61 |
| SNA Snap-On Inc | 0.37% | 409.41 | -0.24% | +0.49% | -0.65% | +20.38% | 46 |
| EFX Equifax Inc | 0.36% | 174.11 | +0.86% | -1.80% | +1.19% | -19.26% | 50 |
| FDXF Fedex Freight Holding Company Inc | 0.34% | 139.02 | -1.07% | -7.50% | -7.82% | — | 15 |
| FTV Fortive Corp | 0.34% | 59.46 | +0.42% | -5.50% | -5.09% | +7.82% | 20 |
| BR Broadridge Financial Solutions | 0.31% | 157.34 | +2.20% | +2.98% | +9.30% | -29.11% | 86 |
| LII Lennox International | 0.30% | 435.00 | +4.60% | -20.53% | -23.69% | -10.15% | 0 |
| IEX Idex Corp | 0.30% | 232.70 | +0.98% | +3.96% | +4.31% | +31.72% | 71 |
| TXT Textron Inc | 0.29% | 86.39 | +1.33% | -10.13% | -6.61% | -0.87% | 18 |
| LDOS Leidos Holdings Inc | 0.28% | 118.72 | +2.70% | +3.28% | +9.08% | -34.03% | 85 |
| GNRC Generac Holdings Inc | 0.28% | 201.21 | +2.08% | +1.86% | -20.36% | +47.55% | 3 |
| NDSN Nordson Corp | 0.28% | 302.62 | +1.63% | +1.76% | +4.22% | +26.25% | 70 |
| MAS Masco Corp | 0.27% | 74.73 | +4.55% | -7.92% | -9.71% | +18.83% | 11 |
| J Jacobs Engineering Group | 0.27% | 138.72 | +2.81% | +2.58% | +8.47% | +5.33% | 81 |
| ROL Rollins Inc | 0.25% | 38.19 | +0.58% | -2.25% | -11.96% | -35.96% | 9 |
| SWK Stanley Black & Decker | 0.24% | 98.11 | +3.73% | +4.18% | +6.76% | +33.55% | 78 |
| PNR Pentair Ltd | 0.22% | 67.07 | +2.49% | +6.16% | -12.58% | -35.24% | 6 |
| HII Huntington Ingalls Industries | 0.21% | 325.95 | -0.15% | +13.08% | +11.82% | -3.44% | 95 |
| ALLE Allegion Plc | 0.21% | 161.28 | +2.47% | +1.99% | +14.72% | +1.68% | 99 |
| BLDR Builders Firstsource | 0.16% | 72.48 | +9.09% | -0.33% | -14.42% | -29.56% | 4 |
| AOS Smith A.O. Corp | 0.12% | 60.73 | +1.00% | -2.15% | -3.17% | -8.23% | 31 |
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.