Constituent dispersion · breadth vs the index
XLY — Consumer Discretionary 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 | -0.51% | -0.71 | -8pp | -1.57pp | Weakening |
| 1 month | -4.27% | -3.4 | -23pp | -3.43pp | Confirming ↓ |
| 1 quarter | -3.36% | -3.23 | -46pp | -11.33pp | Confirming ↓ |
Over the last 126 sessions: price down -0.53%, breadth down (-5.35/name) · % beating 33→27 · median−ETF -4.01pp→-3.28pp.
Stocks above their moving average — participation breadth
Of the 48 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 2026-09-17.
New highs & new lows — by horizon
How many of the 48 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 | 5 (10%) | 17 (35%) | -12 |
| 1-Month | 2 (4%) | 15 (31%) | -13 |
| 3-Month | 1 (2%) | 8 (17%) | -7 |
| 6-Month | 1 (2%) | 5 (11%) | -4 |
| 52-Week | 1 (2%) | 5 (11%) | -4 |
| YTD | 1 (2%) | 5 (10%) | -4 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.10% | +0.03% | -1.07pp | 25 / 23 | 15 / 33 | 14 of 48 | ±1.5% |
| 5d | -0.51% | -1.14% | -0.63pp | 16 / 32 | 19 / 29 | 15 of 48 | ±3.29% |
| 21d | -4.27% | -7.55% | -3.28pp | 7 / 41 | 13 / 35 | 3 of 48 | ±7.05% |
| YTD | -6.53% | -9.42% | -2.89pp | 18 / 28 | 20 / 26 | 2 of 46 | ±21.96% |
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)
- AMZN+2.13%+0.54pp
- TSLA+2.27%+0.44pp
- TJX+3.02%+0.13pp
- GM+2.76%+0.05pp
- EBAY+3.42%+0.04pp
- SBUX-0.69%-0.02pp
- HLT-1.01%-0.02pp
- RCL-1.06%-0.02pp
- YUM-1.60%-0.02pp
- BKNG-0.51%-0.02pp
This month (21d)
- TSLA+8.71%+1.69pp
- EBAY+10.73%+0.12pp
- GM+3.48%+0.06pp
- BBY+8.35%+0.03pp
- ULTA+5.22%+0.03pp
- AMZN-3.18%-0.8pp
- TJX-16.11%-0.7pp
- HD-10.36%-0.58pp
- BKNG-18.12%-0.56pp
- RCL-16.75%-0.29pp
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%
- TSLA+8.71%
- BBY+8.35%
- ULTA+5.22%
- GM+3.48%
- CCL-18.70%
- NCLH-18.29%
- BKNG-18.12%
- WYNN-18.10%
- RCL-16.75%
XLY — constituent leadership race
$100 in each covered XLY 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 — 48 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| AMZN Amazon.com Inc | 25.20% | 251.19 | +2.13% | -0.28% | -3.18% | +8.83% | 75 |
| TSLA Tesla Inc | 19.40% | 366.20 | +2.27% | +0.73% | +8.71% | -18.57% | 96 |
| HD Home Depot | 5.55% | 302.51 | +0.01% | -1.04% | -10.36% | -11.50% | 31 |
| TJX TJX Companies | 4.35% | 126.55 | +3.02% | +0.10% | -16.11% | -17.38% | 13 |
| MCD McDonald's Corp | 3.85% | 248.48 | -0.03% | -1.81% | -6.93% | -18.24% | 52 |
| BKNG Booking Holdings | 3.09% | 170.52 | -0.51% | -2.19% | -18.12% | — | 4 |
| LOW Lowe's Companies | 2.88% | 194.19 | +0.05% | -1.22% | -9.95% | -18.73% | 38 |
| SBUX Starbucks Corp | 2.73% | 96.67 | -0.69% | -2.57% | -8.81% | +15.54% | 46 |
| MAR Marriot Int Cl A | 2.06% | 334.00 | -0.29% | +1.50% | -6.34% | +7.87% | 56 |
| HLT Hilton Inc | 1.85% | 302.54 | -1.01% | -1.21% | -7.65% | +5.42% | 48 |
| ROST Ross Stores Inc | 1.81% | 229.48 | +2.08% | +1.77% | -2.92% | +27.66% | 77 |
| ORLY O'Reilly Automotive | 1.78% | 84.89 | +1.45% | -0.73% | -6.47% | -6.93% | 54 |
| RCL Royal Caribbean Cruises Ltd | 1.72% | 249.74 | -1.06% | -3.01% | -16.75% | -9.52% | 8 |
| GM General Motors Company | 1.71% | 86.62 | +2.76% | +0.58% | +3.48% | +7.00% | 90 |
| F Ford Motor Company | 1.35% | 13.61 | +1.95% | -1.95% | -2.30% | +6.18% | 79 |
| DASH Doordash Inc Cl A | 1.31% | 194.56 | -1.12% | -3.22% | -10.07% | -14.09% | 35 |
| ABNB Airbnb Inc Cl A | 1.30% | 165.93 | -0.94% | -1.03% | -9.45% | +22.26% | 40 |
| NKE Nike Inc | 1.25% | 36.36 | +1.62% | -0.71% | -9.24% | -42.55% | 44 |
| AZO Autozone | 1.20% | 2844.31 | -0.17% | -1.29% | -7.45% | -16.13% | 50 |
| EBAY Ebay Inc | 1.14% | 112.90 | +3.42% | +7.49% | +10.73% | +30.41% | 98 |
| CVNA Carvana Company Cl A | 1.06% | 65.84 | +0.67% | -6.32% | +1.29% | — | 88 |
| YUM Yum! Brands | 1.00% | 135.75 | -1.60% | -5.66% | -6.29% | -9.41% | 58 |
| CMG Chipotle Mexican Grill | 0.98% | 33.51 | -0.50% | -7.25% | +0.45% | -9.43% | 85 |
| DHI D.R. Horton | 0.97% | 140.38 | +1.49% | +3.55% | -3.64% | -1.96% | 73 |
| GRMN Garmin Ltd | 0.90% | 279.11 | +0.79% | +2.94% | -6.16% | +38.12% | 63 |
| CCL Carnival Corporation Ltd | 0.87% | 22.17 | -0.81% | -1.34% | -18.70% | -26.62% | 0 |
| TPR Tapestry Inc | 0.69% | 116.04 | -1.61% | +0.15% | -12.26% | -8.68% | 15 |
| WSM Williams-Sonoma | 0.62% | 218.92 | +0.33% | -2.15% | -9.31% | +23.46% | 42 |
| EXPE Expedia Group Inc | 0.61% | 284.55 | -0.84% | +2.77% | -11.34% | +0.87% | 23 |
| DRI Darden Restaurants | 0.57% | 206.74 | -0.64% | -0.38% | -5.54% | +14.06% | 67 |
| PHM Pultegroup | 0.55% | 118.84 | +1.10% | +2.31% | -5.72% | +1.56% | 65 |
| ULTA Ulta Beauty Inc | 0.48% | 543.73 | +2.49% | +1.51% | +5.22% | -10.13% | 92 |
| LEN Lennar Corp | 0.45% | 79.70 | +1.71% | +2.31% | -6.17% | -21.71% | 60 |
| NVR NVR Inc | 0.41% | 6242.23 | +0.90% | +2.53% | -0.10% | -14.41% | 83 |
| TSCO Tractor Supply Company | 0.38% | 32.82 | +0.12% | -2.09% | -4.82% | -33.54% | 71 |
| DECK Deckers Outdoor Corp | 0.38% | 79.71 | +2.24% | -0.21% | -10.95% | -23.11% | 25 |
| RL Ralph Lauren Corp | 0.36% | 333.08 | -1.56% | -1.07% | -11.94% | -5.55% | 17 |
| LVS Las Vegas Sands | 0.36% | 40.67 | -0.95% | -4.53% | -10.56% | -36.83% | 29 |
| BBY Best Buy Company | 0.36% | 94.56 | +3.36% | +8.47% | +8.35% | +43.43% | 94 |
| APTV Aptiv Plc | 0.34% | 43.62 | +0.65% | -4.53% | -10.25% | -42.67% | 33 |
| GPC Genuine Parts Company | 0.34% | 130.88 | +0.28% | -2.44% | -0.77% | +8.59% | 81 |
| LULU Lululemon Athletica | 0.30% | 99.39 | +3.55% | +2.59% | -16.49% | -52.17% | 10 |
| HAS Hasbro Inc | 0.26% | 88.76 | -0.60% | -1.55% | -4.86% | +9.88% | 69 |
| DPZ Domino's Pizza Inc | 0.23% | 297.65 | -1.21% | -5.61% | -11.48% | -28.23% | 21 |
| MGM MGM Resorts International | 0.22% | 38.31 | -0.21% | -5.94% | -11.57% | +4.99% | 19 |
| WYNN Wynn Resorts Ltd | 0.21% | 82.96 | -1.51% | -6.18% | -18.10% | -30.72% | 6 |
| NCLH Norwegian Cruise Ord | 0.21% | 14.39 | -0.96% | -1.24% | -18.29% | -35.53% | 2 |
| POOL Pool Corp | 0.15% | 167.65 | -0.07% | -4.61% | -10.59% | -25.72% | 27 |
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
XLY dispersion — data Q&A
Is XLY's move broad or carried by a few names (21 sessions)?
As of 2026-09-17: over 21 sessions the fund returned -4.27% while its median constituent returned -7.55% — a dispersion of 7.05 pp; 27% of 48 members beat the fund. Broad decline - breadth is falling with price.
How did XLY's members trade in the last session?
As of 2026-09-17: fund +1.10%, median member +0.03%, 25 advancers vs 23 decliners.
What does the dispersion page for XLY 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. 48 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.