Constituent dispersion · breadth vs the index
IXG — Global Financials
Concentration 26.6% in top 5 42.37 effective names · HHI 236
RS vs S&P 500 21d -7.39pp sector return − SPY
RS vs Nasdaq-100 21d -11.89pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -6.23% · A/D -423 (-3.18/name)
IXG 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.
| Horizon | Price | A/D /name | % beating Δ | Median−ETF Δ | Read |
|---|---|---|---|---|---|
| 1 week | -0.61% | +0.28 | +4pp | +1.75pp | Improving |
| 1 month | -6.23% | -3.18 | -2pp | -0.29pp | Confirming ↓ |
| 1 quarter | +0.09% | +0.11 | -18pp | -2.41pp | Improving |
Over the last 126 sessions: price up +6.95%, breadth up (+3.97/name) · % beating 44→44 · median−ETF -0.98pp→-0.82pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.54% | +0.29% | -0.25pp | 91 / 42 | 49 / 84 | 99 of 133 | ±1.16% |
| 5d | -0.61% | -0.28% | +0.33pp | 62 / 71 | 79 / 54 | 49 of 133 | ±5% |
| 21d | -6.23% | -6.95% | -0.72pp | 14 / 119 | 58 / 75 | 16 of 133 | ±6.92% |
| YTD | +5.73% | +2.70% | -3.03pp | 78 / 55 | 61 / 72 | 3 of 133 | ±25.42% |
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)
- HSBA.LSE+0.90%+0.02pp
- BNP.XETRA+2.76%+0.02pp
- BRK-B+0.25%+0.02pp
- UBSG.SW+1.35%+0.01pp
- BLK+1.22%+0.01pp
- SCHW-1.18%-0.01pp
- HOOD-1.85%-0.01pp
- SUN-6.48%-0.01pp
- COIN-1.32%0pp
- FISV-1.43%0pp
This month (21d)
- ITUB+24.54%+0.07pp
- BBD+29.97%+0.04pp
- ASX+24.71%+0.01pp
- SWED-A.ST+5.43%+0.01pp
- SREN.SW+3.89%+0.01pp
- JPM-7.63%-0.43pp
- BAC-13.70%-0.32pp
- GS-13.62%-0.28pp
- MS-12.26%-0.2pp
- WFC-9.40%-0.15pp
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)
- BBD+29.97%
- ASX+24.71%
- ITUB+24.54%
- SWED-A.ST+5.43%
- SREN.SW+3.89%
- FIS-19.30%
- BX-16.74%
- ARES-15.99%
- KKR-15.84%
- AON-15.20%
IXG — constituent leadership race
$100 in each covered IXG constituent at 2025-12-30, rebased to 100. Watch leadership change hands.
0%
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 — 133 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| BRK-B BERKSHIRE HATHAWAY INC CLASS B | 6.04% | 505.54 | +0.25% | +0.64% | -0.10% | +0.57% | 89 |
| JPM JP Morgan Chase & Company | 5.61% | 331.28 | +0.17% | -0.61% | -7.63% | +3.80% | 44 |
| V Visa Inc | 3.82% | 370.64 | +0.25% | +1.30% | -1.18% | +5.90% | 85 |
| MA Mastercard Inc | 2.79% | 566.58 | +0.35% | +0.53% | -2.18% | -0.43% | 80 |
| BAC Bank of America Corp | 2.35% | 54.09 | +0.17% | -1.58% | -13.70% | -1.10% | 6 |
| HSBA.LSE HSBC HOLDINGS PLC | 2.15% | 1472.20 | +0.90% | -2.50% | -6.76% | +29.55% | 51 |
| GS Goldman Sachs Group | 2.04% | 897.18 | +0.42% | -2.08% | -13.62% | +2.61% | 7 |
| MS Morgan Stanley | 1.65% | 191.02 | +0.44% | -0.90% | -12.26% | +8.77% | 14 |
| WFC Wells Fargo & Company | 1.61% | 81.51 | +0.09% | +1.28% | -9.40% | -12.11% | 34 |
| C Citigroup Inc | 1.50% | 128.52 | -0.02% | -1.74% | -6.68% | +11.24% | 54 |
| SAN Banco Santander ADR | 1.22% | 70.61 | +0.89% | -1.20% | -6.71% | -9.87% | 53 |
| ALV Allianz SE | 1.17% | 113.05 | +0.87% | +0.01% | -9.70% | -2.60% | 29 |
| AXP American Express Company | 1.14% | 304.55 | +0.17% | -0.28% | -6.63% | -17.23% | 55 |
| BLK Blackrock Inc | 1.05% | 1079.42 | +1.22% | +1.07% | -3.31% | +1.41% | 70 |
| SCHW The Charles Schwab Corp | 1.04% | 96.80 | -1.18% | -2.32% | -11.43% | -2.79% | 16 |
| UBSG.SW UBS GROUP AG | 0.98% | 40.57 | +1.35% | +0.10% | -8.54% | +11.16% | 38 |
| BBVA Banco Bilbao Viscaya Argentaria S.A. ADR | 0.88% | 27.15 | +0.78% | -5.20% | -8.00% | +20.11% | 44 |
| SPGI S&P Global Inc | 0.88% | 396.13 | +1.33% | +0.94% | -10.68% | -23.85% | 20 |
| CB Chubb Ltd | 0.82% | 334.21 | +1.13% | +0.64% | -1.86% | +7.39% | 83 |
| COF Capital One Financial Corp | 0.80% | 195.82 | +0.35% | -0.33% | -10.83% | -18.55% | 19 |
| PGR Progressive Corp | 0.80% | 212.05 | -0.27% | +0.78% | -3.15% | -0.92% | 72 |
| ZURN.SW ZURICH INSURANCE GROUP AG | 0.77% | 577.00 | +0.52% | +0.63% | -3.35% | +1.20% | 68 |
| CME CME Group | 0.72% | 270.18 | +0.06% | +2.64% | -3.50% | +1.30% | 68 |
| BNP.XETRA BNP PARIBAS SA | 0.70% | 95.10 | +2.76% | -2.34% | -9.00% | +20.50% | 36 |
| BN Brookfield Corp | 0.69% | 37.29 | +1.25% | +2.19% | -7.32% | -18.47% | 47 |
| BNY Bank of New York Mellon Corp | 0.66% | 143.73 | -0.01% | -2.21% | -12.81% | +24.85% | 11 |
| BX Blackstone Inc | 0.61% | 113.36 | +1.53% | -0.56% | -16.74% | -24.91% | 1 |
| PNC PNC Bank | 0.61% | 220.16 | -0.05% | -0.67% | -10.36% | +7.10% | 23 |
| ICE Intercontinental Exchange | 0.59% | 153.49 | +0.88% | +0.85% | -4.82% | -4.92% | 62 |
| USB U.S. Bancorp | 0.58% | 57.29 | +0.03% | -0.54% | -9.59% | +8.47% | 30 |
| INGA.AS ING GROEP NV | 0.57% | 31.13 | +0.29% | -1.89% | -3.05% | +34.48% | 74 |
| BARC.LSE BARCLAYS PLC | 0.56% | 447.30 | +0.13% | -2.55% | -10.48% | -4.92% | 22 |
| MRSH Marsh & Mclennan Companies | 0.55% | 171.74 | +0.77% | +1.36% | -7.54% | -6.48% | 46 |
| LLOY.LSE LLOYDS BANKING GROUP PLC | 0.54% | 105.70 | +1.63% | -1.67% | -6.75% | +10.22% | 53 |
| INVE-B.ST INVESTOR CLASS B | 0.50% | 411.00 | +1.78% | +0.88% | +1.32% | +25.74% | 92 |
| AON AON Plc | 0.48% | 273.99 | +0.71% | -0.69% | -15.20% | -21.98% | 3 |
| MCO Moody's Corp | 0.47% | 452.32 | +0.93% | -0.55% | -8.35% | -11.05% | 41 |
| TRV The Travelers Companies | 0.46% | 360.64 | -0.02% | -0.71% | -2.02% | +24.79% | 81 |
| KKR KKR & Company LP | 0.45% | 90.67 | +0.79% | -2.69% | -15.84% | -28.61% | 2 |
| NWG Natwest Group Plc ADR | 0.43% | 668.40 | +0.75% | -2.85% | -4.51% | +6.78% | 65 |
| APO Apollo Asset Management | 0.42% | 115.95 | +0.52% | -2.56% | -13.26% | -19.24% | 9 |
| TFC Truist Financial Corp | 0.41% | 46.25 | -0.17% | -0.41% | -10.45% | -4.06% | 23 |
| HOOD Robinhood Markets Inc Cl A | 0.41% | 112.00 | -1.85% | -3.63% | -8.28% | -0.97% | 41 |
| LSEG.LSE LONDON STOCK EXCHANGE GROUP PLC | 0.39% | 8386.00 | +1.77% | +2.49% | -3.96% | -5.27% | 66 |
| ALL Allstate Corp | 0.38% | 224.27 | -0.20% | -0.51% | -13.60% | +8.86% | 8 |
| AFL Aflac Inc | 0.38% | 113.63 | +1.11% | -0.03% | -3.05% | +4.13% | 73 |
| GLE Global Engine Group Holding Limited | 0.37% | 67.31 | +2.00% | -3.61% | -10.34% | -0.66% | 24 |
| AJG Arthur J. Gallagher & Company | 0.37% | 229.85 | +1.15% | +0.92% | -12.26% | -10.61% | 14 |
| NU Nu Holdings Ltd Cl A | 0.34% | 15.66 | +3.16% | +26.80% | +1.89% | -6.45% | 95 |
| CABK.MC CAIXABANK SA | 0.34% | 12.36 | +1.15% | -2.18% | -8.17% | +21.57% | 42 |
| STAN.LSE STANDARD CHARTERED PLC | 0.33% | 2253.00 | +0.31% | -3.26% | -0.71% | +26.51% | 86 |
| G Genpact Ltd | 0.32% | 33.45 | -0.21% | +3.75% | -9.88% | -28.14% | 28 |
| MET Metlife Inc | 0.32% | 97.16 | +0.29% | +2.06% | -0.47% | +24.91% | 87 |
| SREN.SW SWISS RE AG | 0.32% | 143.05 | +1.17% | +1.74% | +3.89% | +12.97% | 96 |
| FITB Fifth Third Bancorp | 0.30% | 51.00 | +0.39% | +0.89% | -7.05% | +9.94% | 48 |
| ITUB Itau Unibanco Banco Holding S.A. ADR | 0.30% | 10.15 | +2.32% | +25.51% | +24.54% | +44.83% | 98 |
| STT State Street Corp | 0.29% | 175.75 | -0.35% | -0.62% | -9.53% | +38.04% | 32 |
| COIN Coinbase Global Cl A | 0.29% | 185.74 | -1.32% | -2.25% | +0.60% | -17.87% | 89 |
| MSCI MSCI Inc | 0.29% | 554.92 | +0.47% | +2.81% | -3.16% | -2.55% | 71 |
| AIG American International Group | 0.29% | 75.11 | -0.01% | -0.21% | -1.44% | -11.69% | 84 |
| AMP Ameriprise Financial Services | 0.29% | 496.61 | +0.34% | -0.14% | -11.41% | +1.95% | 17 |
| PYPL Paypal Holdings | 0.28% | 54.61 | +0.37% | +1.34% | -0.64% | -6.17% | 86 |
| NDAQ Nasdaq Inc | 0.28% | 92.27 | +0.09% | +0.46% | -4.44% | -4.70% | 65 |
| PRU Prudential Financial Inc | 0.27% | 113.54 | +0.05% | -1.32% | -6.95% | +3.36% | 50 |
| HIG The Hartford Insurance Group | 0.26% | 126.79 | +0.46% | +0.75% | -8.37% | -7.16% | 40 |
| XYZ Block Inc | 0.26% | 76.54 | +0.41% | +3.36% | -7.52% | +17.59% | 47 |
| IBKR Interactive Brokers | 0.25% | 90.58 | +1.72% | +5.11% | -2.20% | +41.14% | 80 |
| PRU Prudential Financial Inc | 0.25% | 113.54 | +0.05% | -1.32% | -6.95% | +3.36% | 50 |
| CBOE CBOE Global Markets | 0.25% | 278.20 | +0.26% | +6.28% | -6.76% | +11.34% | 52 |
| ADYEN.AS ADYEN NV | 0.24% | 867.00 | +0.52% | -0.34% | -13.33% | -36.95% | 8 |
| ACGL Arch Capital Grp Ltd | 0.24% | 94.82 | +0.49% | -0.32% | -3.34% | -1.15% | 69 |
| DANSKE.CO DANSKE BANK | 0.23% | 365.40 | +0.05% | -3.92% | -1.93% | +25.87% | 82 |
| SWED-A.ST SWEDBANK | 0.23% | 409.50 | +0.74% | -0.61% | +5.43% | +40.28% | 97 |
| MTB M&T Bank Corp | 0.22% | 218.74 | +0.22% | +0.57% | -8.80% | +10.09% | 37 |
| HBAN Huntington Bancshares | 0.22% | 15.33 | +0.26% | +0.39% | -9.98% | -10.74% | 25 |
| KBC.BR KBC GROEP | 0.22% | 126.40 | +1.32% | -3.73% | -5.95% | +17.95% | 57 |
| NTRS Northern Trust Corp | 0.21% | 169.46 | -0.71% | -2.01% | -9.20% | +25.34% | 35 |
| SLHN.SW SWISS LIFE HOLDING AG | 0.21% | 899.00 | +0.07% | -1.10% | -3.62% | +2.30% | 67 |
| III Information Svcs Group | 0.21% | 2389.00 | -0.95% | -9.92% | -14.37% | -26.79% | 5 |
| SEB-A.ST SKANDINAVISKA ENSKILDA BANKEN | 0.20% | 230.30 | -0.99% | -2.12% | +1.45% | +23.95% | 94 |
| FISV Fiserv Inc | 0.20% | 45.48 | -1.43% | +0.26% | -14.19% | -32.29% | 5 |
| SAMPO.HE SAMPO CLASS A | 0.18% | 8.78 | -0.75% | +0.18% | -8.71% | -11.55% | 38 |
| CFG Citizens Financial Group | 0.18% | 64.09 | -0.34% | +0.31% | -9.45% | +11.29% | 32 |
| RJF Raymond James Financial | 0.18% | 159.43 | -0.85% | +0.08% | -10.58% | -0.01% | 21 |
| CINF Cincinnati Financial | 0.18% | 163.08 | +0.58% | +1.21% | -4.69% | +0.44% | 63 |
| ARES Ares Management LP | 0.18% | 117.74 | +0.52% | -1.03% | -15.99% | -26.16% | 2 |
| AV.LSE AVIVA PLC | 0.17% | 688.40 | +1.65% | -0.92% | -4.84% | +4.99% | 62 |
| A5G.IR AIB GROUP PLC | 0.17% | 11.38 | +0.75% | -1.94% | -0.18% | +30.19% | 88 |
| SYF Synchrony Financial | 0.17% | 72.16 | +0.39% | +0.61% | -9.71% | -12.80% | 29 |
| WTW Willis Towers Watson Public | 0.17% | 291.98 | +1.34% | +1.52% | -12.77% | -10.85% | 12 |
| PGHN.SW PARTNERS GROUP HOLDING AG | 0.17% | 609.40 | +0.69% | +2.70% | -8.50% | -34.63% | 39 |
| CPAY Corpay Inc | 0.17% | 406.79 | +1.26% | +3.59% | -2.30% | +35.18% | 79 |
| RF Regions Financial Corp | 0.16% | 27.05 | -0.07% | +0.60% | -11.08% | +1.74% | 18 |
| NN Nextnav Inc | 0.16% | 13.27 | -0.38% | -4.46% | -12.58% | -20.25% | 13 |
| BAP Credicorp Ltd | 0.16% | 385.14 | +1.87% | +0.29% | +0.68% | +40.67% | 90 |
| TROW T Rowe Price Group | 0.16% | 103.60 | -0.32% | -0.87% | -5.63% | +2.70% | 58 |
| SHB-A.ST SVENSKA HANDELSBANKEN-A SHS | 0.15% | 152.85 | -0.46% | -1.99% | +1.36% | +30.29% | 93 |
| FIS Fidelity National Information Services | 0.15% | 33.42 | -0.48% | +0.21% | -19.30% | -49.28% | 0 |
| ABN.AS ABN AMRO BANK NV | 0.15% | 42.33 | -0.05% | -3.29% | -2.51% | +47.09% | 77 |
| ACA Arcosa Inc | 0.15% | 146.50 | -0.17% | +0.34% | +0.72% | +37.96% | 91 |
| PFG Principal Financial Group | 0.14% | 109.70 | -1.20% | -3.75% | -5.98% | +26.48% | 56 |
| HBAN Huntington Bancshares | 0.14% | 15.33 | +0.26% | +0.39% | -9.98% | -10.74% | 25 |
| WRB W.R. Berkley Corp | 0.14% | 69.65 | -0.17% | +2.10% | +0.74% | +0.35% | 92 |
| KEY Keycorp | 0.14% | 20.14 | -0.20% | +0.10% | -9.20% | -0.48% | 35 |
| BBD Banco Bradesco S.A. ADR | 0.13% | 4.51 | +4.16% | +34.37% | +29.97% | +41.59% | 99 |
| BIRG.LSE BANK OF IRELAND GROUP PLC | 0.13% | 17.66 | -1.78% | -2.75% | +2.67% | +10.92% | 95 |
| BAM Brookfield Asset Management Ltd | 0.13% | 45.21 | +1.07% | +0.53% | -10.65% | -11.05% | 20 |
| L Loews Corp | 0.13% | 106.46 | +0.75% | +0.50% | -2.60% | +1.21% | 77 |
| BAER Bridger Aerospace Group Holdings Inc | 0.12% | 72.94 | -1.00% | -4.98% | -2.49% | +21.98% | 78 |
| GPN Global Payments Inc | 0.12% | 81.79 | -0.47% | -1.85% | -11.37% | +6.02% | 17 |
| BRO Brown & Brown | 0.12% | 60.97 | +0.07% | +0.61% | -14.63% | -23.10% | 4 |
| EG Everest Re Group | 0.10% | 366.84 | +0.01% | -0.53% | -3.16% | +8.78% | 71 |
| IAG Iamgold Corp | 0.09% | 18.55 | +0.60% | -0.48% | -9.42% | +12.49% | 33 |
| SUN Sunoco LP | 0.09% | 69.89 | -6.48% | -6.34% | -5.54% | +39.42% | 59 |
| BG Bunge Ltd | 0.09% | 107.33 | +0.01% | -0.75% | -9.59% | +21.91% | 31 |
| AIZ Assurant Inc | 0.09% | 270.96 | +1.71% | +2.77% | -5.17% | +12.96% | 60 |
| GL Globe Life Inc | 0.09% | 166.28 | +0.22% | +0.32% | -4.58% | +19.40% | 64 |
| IVZ Invesco Limited | 0.08% | 30.38 | -0.39% | -0.13% | -8.13% | +17.49% | 43 |
| ASRNL.AS ASR NEDERLAND NV | 0.08% | 72.62 | +0.64% | -0.55% | -1.81% | +23.74% | 83 |
| ADM Archer Daniels Midland | 0.08% | 82.21 | -0.32% | +3.54% | -2.84% | +45.03% | 75 |
| EQT Eqt Corp | 0.08% | 52.47 | +2.64% | +7.34% | -4.89% | -1.56% | 61 |
| JKHY Jack Henry & Assoc | 0.07% | 144.43 | -0.48% | -1.22% | -12.80% | -20.21% | 11 |
| BEN Franklin Resources | 0.06% | 32.44 | -1.34% | +0.31% | -6.59% | +37.77% | 56 |
| MNG.LSE M&G PLC | 0.06% | 312.40 | -0.38% | -3.76% | -13.22% | +14.30% | 10 |
| INDU-C.ST INDUSTRIVARDEN SERIES | 0.06% | 519.20 | +0.89% | -3.03% | -2.99% | +27.38% | 74 |
| SDLF.LSE STANDARD LIFE PLC | 0.06% | 879.50 | +1.32% | -1.40% | -7.57% | +24.08% | 45 |
| ASX Ase Industrial Holding Ltd ADR | 0.06% | 46.78 | -1.58% | +3.24% | +24.71% | +190.56% | 98 |
| FDS Factset Research Systems | 0.06% | 272.01 | -1.60% | +4.63% | -9.92% | -5.32% | 27 |
| TRYG.CO TRYG | 0.05% | 144.40 | +0.07% | +2.19% | -7.02% | -10.96% | 49 |
| EXO.AS EXOR NV | 0.05% | 69.85 | +2.72% | -1.34% | -5.48% | -2.88% | 59 |
| INDU-A.ST INDUSTRIVARDEN A | 0.05% | 526.00 | +0.96% | -2.50% | -2.68% | +28.91% | 76 |
| ERIE Erie Indemnity Company | 0.04% | 223.22 | +0.79% | +1.02% | -11.70% | -21.27% | 15 |
| BSAC Banco Santander Chile ADR | 0.03% | 32.11 | -1.80% | -4.46% | -9.98% | +8.34% | 26 |
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
IXG dispersion — data Q&A
Is IXG's move broad or carried by a few names (21 sessions)?
As of 2026-10-06: over 21 sessions the fund returned -6.23% while its median constituent returned -6.95% — a dispersion of 6.92 pp; 44% of 133 members beat the fund. Broad decline - breadth is falling with price.
How did IXG's members trade in the last session?
As of 2026-10-06: fund +0.54%, median member +0.29%, 91 advancers vs 42 decliners.
What does the dispersion page for IXG 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. 133 constituents covered, re-baked nightly from the Closelooknet lake.
Is this investment advice?
No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.