Constituent dispersion · breadth vs the index
EUROAI — Euro-AI Sovereign 50 (EW)
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 | +6.59% | +1.79 | -10pp | -3.74pp | Confirming ↑ |
| 1 month | +3.88% | +0.54 | +1pp | -1.16pp | Confirming ↑ |
| 1 quarter | +11.25% | +1.36 | +8pp | +5.20pp | Confirming ↑ |
Over the last 126 sessions: price up +30.89%, breadth up (+3.43/name) · % beating 56→44 · median−ETF +2.07pp→-1.76pp.
Stocks above their moving average — participation breadth
Of the 61 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 2026-08-07.
New highs & new lows — by horizon
How many of the 61 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 | 27 (44%) | 4 (7%) | +23 |
| 1-Month | 13 (21%) | 1 (2%) | +12 |
| 3-Month | 10 (16%) | 1 (2%) | +9 |
| 6-Month | 6 (10%) | 1 (2%) | +5 |
| 52-Week | 3 (5%) | 0 (0%) | +3 |
| YTD | 3 (5%) | 0 (0%) | +3 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.87% | +0.54% | -1.33pp | 38 / 22 | 18 / 43 | 17 of 61 | ±2.02% |
| 5d | +6.59% | +4.68% | -1.91pp | 56 / 5 | 18 / 43 | 11 of 61 | ±4.63% |
| 21d | +3.88% | +2.12% | -1.76pp | 36 / 25 | 27 / 34 | 3 of 61 | ±11.73% |
| YTD | +38.50% | +19.83% | -18.67pp | 40 / 20 | 19 / 41 | 0 of 60 | ±60.07% |
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)
- PATH+7.50%+0.12pp
- NEM.DE+6.97%+0.11pp
- STM+5.29%+0.08pp
- SMHN.DE+5.18%+0.08pp
- SAP.DE+4.08%+0.06pp
- ATS.VI-2.84%-0.04pp
- KGX.DE-1.67%-0.03pp
- YAR.OL-1.58%-0.02pp
- M7U.DE-1.45%-0.02pp
- P4O.DE-1.45%-0.02pp
This month (21d)
- SAP.DE+29.20%+0.45pp
- PATH+27.54%+0.42pp
- SGE.L+26.23%+0.4pp
- CAP.PA+22.75%+0.35pp
- DSY.PA+22.19%+0.34pp
- ATS.VI-25.13%-0.39pp
- STM-21.42%-0.33pp
- IFX.DE-15.36%-0.24pp
- ARM-13.82%-0.21pp
- BESI.AS-13.11%-0.2pp
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)
- SAP.DE+29.20%
- PATH+27.54%
- SGE.L+26.23%
- CAP.PA+22.75%
- DSY.PA+22.19%
- ATS.VI-25.13%
- STM-21.42%
- IFX.DE-15.36%
- ARM-13.82%
- BESI.AS-13.11%
EUROAI — constituent leadership race
$100 in each covered EUROAI 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 — 61 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| ASML.AS ASML | 1.54% | 1499.00 | +0.33% | +4.52% | -6.48% | +63.27% | 21 |
| ARM ARM Holdings | 1.54% | 282.57 | -1.43% | +17.89% | -13.82% | +158.50% | 5 |
| NBIS Nebius Group | 1.54% | 187.97 | -1.01% | -1.28% | -13.06% | +124.56% | 8 |
| MTRS.ST Munters Group | 1.54% | 179.90 | -0.80% | +6.45% | +10.13% | +5.06% | 72 |
| VACN.SW VAT Group | 1.54% | 633.20 | -0.19% | +5.18% | -6.58% | +66.09% | 20 |
| BESI.AS BE Semiconductor | 1.54% | 221.40 | +1.93% | +11.68% | -13.11% | +66.58% | 7 |
| SMHN.DE SUSS MicroTec | 1.54% | 83.20 | +5.18% | +11.83% | +1.53% | +112.57% | 44 |
| ASM.AS ASM International | 1.54% | 854.00 | +2.52% | +6.59% | -7.85% | +64.99% | 13 |
| PATH UiPath | 1.54% | 15.05 | +7.50% | +17.95% | +27.54% | -8.18% | 97 |
| BNTX BioNTech | 1.54% | 93.67 | +2.72% | +3.41% | +0.74% | -1.61% | 43 |
| AIXA.DE AIXTRON | 1.54% | 40.11 | +2.50% | +10.59% | -11.40% | +131.78% | 10 |
| IFX.DE Infineon | 1.54% | 62.08 | +2.92% | +0.66% | -15.36% | +65.80% | 3 |
| ATS.VI AT&S | 1.54% | 143.60 | -2.84% | +9.79% | -25.13% | +345.96% | 0 |
| MYCR.ST Mycronic | 1.54% | 324.00 | -0.61% | +3.25% | +9.16% | +46.73% | 69 |
| HAG.DE Hensoldt | 1.54% | 90.32 | -0.04% | +13.24% | +21.69% | +23.05% | 90 |
| SU.PA Schneider Electric | 1.54% | 303.70 | +1.03% | +4.87% | +12.48% | +29.29% | 77 |
| REL.L RELX | 1.54% | 2627.00 | +0.92% | +0.77% | +10.61% | -13.01% | 75 |
| ETN Eaton | 1.54% | 448.68 | +0.36% | +8.33% | +10.56% | +41.31% | 74 |
| ENR.DE Siemens Energy | 1.54% | 153.54 | -0.09% | +4.14% | -1.73% | +28.07% | 33 |
| SAP.DE SAP | 1.54% | 177.96 | +4.08% | +12.86% | +29.20% | -13.14% | 98 |
| SIE.DE Siemens AG | 1.54% | 279.80 | +2.45% | -1.01% | +2.19% | +19.49% | 51 |
| ABBN.SW ABB | 1.54% | 81.76 | -0.68% | +2.82% | -3.45% | +40.10% | 28 |
| SAF.PA Safran | 1.54% | 357.40 | +0.62% | +5.61% | +5.12% | +20.17% | 59 |
| DSY.PA Dassault Systèmes | 1.54% | 22.25 | +2.39% | +10.97% | +22.19% | -6.67% | 92 |
| SHL.DE Siemens Healthineers | 1.54% | 39.51 | +1.05% | +7.19% | +14.92% | -9.93% | 84 |
| HO.PA Thales | 1.54% | 264.80 | +0.08% | +7.69% | +16.75% | +15.23% | 87 |
| WKL.AS Wolters Kluwer | 1.54% | 70.08 | +0.66% | +3.24% | +16.96% | -20.67% | 89 |
| CAP.PA Capgemini | 1.54% | 109.25 | +0.00% | +6.59% | +22.75% | -23.20% | 93 |
| RHM.DE Rheinmetall | 1.54% | 1146.40 | -1.09% | +0.56% | +13.15% | -26.56% | 80 |
| PHIA.AS Philips | 1.54% | 23.13 | +0.70% | +1.72% | -3.30% | -0.47% | 30 |
| STM STMicroelectronics | 1.54% | 56.10 | +5.29% | +7.08% | -21.42% | +116.88% | 2 |
| LR.PA Legrand | 1.54% | 140.20 | +0.83% | +6.70% | -0.81% | +10.18% | 38 |
| VWS.CO Vestas | 1.54% | 178.05 | +1.08% | +2.01% | -1.25% | +3.08% | 36 |
| PRY.MI Prysmian | 1.54% | 126.00 | +1.20% | +4.83% | -7.73% | +46.95% | 15 |
| ALFA.ST Alfa Laval | 1.54% | 569.00 | -0.59% | +0.96% | +1.57% | +24.22% | 46 |
| NEM.DE Nemetschek | 1.54% | 60.60 | +6.97% | +4.39% | +7.73% | -34.70% | 64 |
| KGX.DE Kion Group | 1.54% | 40.75 | -1.67% | +4.68% | -0.02% | -40.29% | 39 |
| NKT.CO NKT A/S | 1.54% | 923.00 | -1.12% | +4.41% | -1.76% | +15.59% | 31 |
| TEMN.SW Temenos | 1.54% | 70.85 | +1.94% | +5.83% | +1.65% | -10.99% | 48 |
| MELE.BR Melexis | 1.54% | 72.00 | +0.91% | +5.42% | -7.51% | +25.22% | 16 |
| TOM.OL Tomra Systems | 1.54% | 108.50 | +0.18% | +3.53% | +13.49% | -18.78% | 82 |
| COTN.SW Comet Holding | 1.54% | 363.80 | -0.44% | +11.46% | -6.67% | +61.95% | 18 |
| OXIG.L Oxford Instruments | 1.54% | 2888.00 | -0.35% | +5.71% | +0.42% | +40.88% | 41 |
| NOD.OL Nordic Semi | 1.54% | 164.70 | -0.90% | +3.78% | -3.85% | +23.56% | 26 |
| OVH.PA OVHcloud | 1.54% | 15.91 | +2.12% | +6.49% | +4.33% | +118.24% | 57 |
| KTN.VI Kontron AG | 1.54% | 21.78 | +3.42% | -4.72% | -5.14% | -4.31% | 25 |
| RR.L Rolls-Royce | 1.54% | 1530.00 | -0.22% | +4.64% | +6.52% | +33.63% | 62 |
| BAS.DE BASF | 1.54% | 51.50 | +0.35% | +2.18% | +8.56% | +21.07% | 66 |
| SGO.PA Saint-Gobain | 1.54% | 85.44 | +0.85% | +5.12% | +14.96% | -1.75% | 85 |
| EVK.DE Evonik | 1.54% | 18.01 | -0.22% | +2.68% | +9.88% | +34.81% | 70 |
| SY1.DE Symrise | 1.54% | 91.92 | +0.11% | +3.16% | +3.82% | +33.45% | 54 |
| SAN.PA Sanofi | 1.54% | 75.31 | +1.35% | +1.13% | -1.53% | -3.87% | 34 |
| AIR.PA Airbus | 1.54% | 213.60 | +0.54% | +5.64% | +8.69% | +9.65% | 67 |
| AFX.DE Carl Zeiss Meditec | 1.54% | 29.90 | +2.05% | -1.97% | +2.12% | -23.57% | 49 |
| SGE.L Sage Group | 1.54% | 1048.50 | +2.04% | +7.74% | +26.23% | -1.88% | 95 |
| INF.L Informa | 1.54% | 904.40 | -0.09% | +2.94% | +2.31% | +2.31% | 52 |
| YAR.OL Yara International | 1.54% | 416.20 | -1.58% | -6.83% | -5.67% | +0.53% | 23 |
| CEVI.ST CellaVision | 1.54% | 152.40 | +3.11% | +3.53% | +13.06% | -0.90% | 79 |
| TIETO.HE Tietoevry | 1.54% | 18.73 | +0.05% | +1.02% | +5.34% | +4.96% | 61 |
| P4O.DE Plan Optik | 1.54% | 8.14 | -1.45% | +9.41% | -8.95% | — | 11 |
| M7U.DE Nynomic | 1.54% | 16.95 | -1.45% | +1.80% | +3.99% | +72.26% | 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.