Constituent dispersion · breadth vs the index
MXI — Global Materials
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 | +5.45% | +1.35 | — | — | Confirming ↑ |
| 1 month | +6.50% | +2.33 | — | — | Confirming ↑ |
| 1 quarter | +6.50% | +1.23 | — | — | Confirming ↑ |
Over the last 126 sessions: price up +7.59%, breadth down (-0.92/name) · % beating —→— · median−ETF —→—.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +1.18% | +0.86% | -0.32pp | 36 / 14 | 18 / 34 | 24 of 52 | ±1.86% |
| 5d | +5.40% | +4.39% | -1.01pp | 44 / 8 | 17 / 35 | 12 of 52 | ±4.98% |
| 21d | +6.44% | +9.37% | +2.93pp | 41 / 10 | 30 / 21 | 3 of 51 | ±8.95% |
| YTD | +15.53% | +15.14% | -0.38pp | 38 / 10 | 23 / 26 | 2 of 49 | ±19.43% |
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)
- NEM+7.16%+0.28pp
- AI+3.65%+0.14pp
- CRH+2.89%+0.06pp
- FCX+2.11%+0.06pp
- SHW+1.74%+0.04pp
- GLEN.LSE-1.59%-0.04pp
- HOLN.SW-2.42%-0.04pp
- DOW-3.17%-0.03pp
- LYB-3.01%-0.02pp
- CF-2.04%-0.01pp
This month (21d)
- NEM+19.16%+0.75pp
- AI+13.43%+0.53pp
- RIO+12.78%+0.47pp
- FCX+15.30%+0.45pp
- NUE+22.65%+0.39pp
- LIN-6.77%-0.53pp
- CTVA-8.38%-0.15pp
- AAL-6.57%-0.13pp
- CRH-3.72%-0.08pp
- MLM-4.08%-0.04pp
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)
- MNDI.LSE+31.81%
- S32.LSE+28.84%
- NUE+22.65%
- SYENS.BR+22.64%
- NEM+19.16%
- CTVA-8.38%
- LIN-6.77%
- AAL-6.57%
- YAR.OL-5.67%
- MLM-4.08%
MXI — constituent leadership race
$100 in each covered MXI 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 — 52 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| LIN Linde Plc | 7.90% | 489.98 | -0.03% | +2.42% | -6.77% | +15.30% | 2 |
| AI C3.Ai Inc Cl A | 3.96% | 10.22 | +3.65% | +11.33% | +13.43% | -24.18% | 73 |
| NEM Newmont Mining Corp | 3.89% | 112.98 | +7.16% | +20.56% | +19.16% | +13.64% | 90 |
| RIO Rio Tinto Plc ADR | 3.65% | 7528.00 | +0.95% | +4.93% | +12.78% | +29.02% | 67 |
| FCX Freeport-Mcmoran Inc | 2.94% | 69.62 | +2.11% | +11.16% | +15.30% | +37.72% | 84 |
| GLEN.LSE GLENCORE PLC | 2.41% | 557.00 | -1.59% | +2.58% | +8.92% | +37.02% | 47 |
| SHW Sherwin-Williams Company | 2.35% | 369.73 | +1.74% | +8.47% | +11.35% | +14.36% | 55 |
| CRH CRH Plc ADR | 2.23% | 100.48 | +2.89% | +5.76% | -3.72% | -18.91% | 10 |
| APD Air Products and Chemicals | 2.13% | 303.44 | +1.17% | +2.90% | +2.57% | +24.51% | 24 |
| ECL Ecolab Inc | 2.10% | 285.17 | +0.60% | +2.72% | +4.45% | +8.92% | 35 |
| AAL American Airlines Gp | 1.97% | 15.94 | -0.56% | +4.39% | -6.57% | +3.98% | 4 |
| CTVA Corteva Inc | 1.75% | 76.83 | -0.04% | -2.39% | -8.38% | +15.14% | 0 |
| NUE Nucor Corp | 1.70% | 272.63 | +0.23% | +5.96% | +22.65% | +67.71% | 94 |
| RIO Rio Tinto Plc ADR | 1.58% | 7528.00 | +0.95% | +4.93% | +12.78% | +29.02% | 67 |
| HOLN.SW HOLCIM LTD AG | 1.52% | 70.82 | -2.42% | -3.44% | -2.75% | -6.73% | 12 |
| VMC Vulcan Materials Company | 1.14% | 284.69 | +1.09% | +6.00% | -1.40% | +0.20% | 16 |
| K Kellanova | 1.13% | 83.44 | +0.00% | +0.35% | — | +0.00% | — |
| MLM Martin Marietta Materials | 1.07% | 548.57 | +1.91% | +4.46% | -4.08% | -11.66% | 8 |
| STLD Steel Dynamics Inc | 1.05% | 262.45 | +0.37% | +4.45% | +18.19% | +55.36% | 86 |
| SIKA.XETRA SIKA AG | 0.96% | 207.30 | +1.12% | +6.01% | +18.42% | +21.43% | 88 |
| GIVN.SW GIVAUDAN SA | 0.95% | 3369.00 | -0.50% | +4.30% | -1.46% | +10.05% | 14 |
| DOW Dow Inc | 0.85% | 29.34 | -3.17% | -3.14% | +2.95% | +28.27% | 25 |
| HEI Heico Corp | 0.83% | 367.58 | +1.18% | +3.15% | +4.39% | +13.64% | 33 |
| PPG PPG Industries | 0.79% | 119.72 | +2.19% | +8.32% | +3.24% | +18.28% | 27 |
| DSFIR.SW DSM FIRMENICH AG | 0.68% | 87.90 | +0.11% | +1.21% | +12.91% | — | 71 |
| ALB Albemarle Corp | 0.66% | 131.11 | +4.54% | +11.45% | +2.09% | -7.07% | 22 |
| SW Smurfit Westrock Plc | 0.65% | 48.28 | +2.88% | +5.03% | +12.31% | +27.39% | 65 |
| DD Dupont Denemours Inc | 0.63% | 142.47 | -1.10% | +3.99% | +5.70% | — | 39 |
| IFF International Flavors & Fragrances | 0.63% | 85.89 | +1.58% | +8.42% | +9.37% | +28.20% | 49 |
| PKG Packaging Corp of America | 0.63% | 256.04 | +1.30% | +4.15% | +14.05% | +24.88% | 75 |
| CF Cf Industries Holdings | 0.63% | 114.35 | -2.04% | -8.66% | +0.29% | +49.25% | 20 |
| ANTO.LSE ANTOFAGASTA PLC | 0.59% | 3981.00 | +0.18% | +8.92% | +7.13% | +21.42% | 43 |
| LYB Lyondellbasell Industries NV | 0.59% | 59.59 | -3.01% | -4.01% | +7.58% | +40.75% | 45 |
| AMCR Amcor Plc | 0.58% | 47.86 | +1.70% | +6.64% | +12.08% | — | 61 |
| IP International Paper Company | 0.55% | 41.58 | +2.59% | +1.84% | +11.83% | +8.20% | 59 |
| BOL.ST BOLIDEN | 0.53% | 520.40 | +2.40% | +9.14% | -0.31% | +3.29% | 18 |
| NHY.OL NORSK HYDRO | 0.51% | 90.64 | +1.12% | +4.59% | +6.84% | +19.27% | 41 |
| UPM.HE UPM-KYMMENE | 0.51% | 23.66 | +0.77% | +0.60% | +3.54% | -1.81% | 29 |
| BALL Ball Corporation | 0.49% | 63.45 | +0.51% | -2.23% | +4.02% | +20.58% | 31 |
| SCCO Southern Copper Corp | 0.49% | 199.06 | +3.12% | +8.95% | +14.12% | +42.69% | 76 |
| S32.LSE SOUTH32 LTD | 0.44% | 260.00 | +2.77% | +9.70% | +28.84% | +48.69% | 96 |
| AVY Avery Dennison Corp | 0.41% | 177.18 | +1.83% | +4.39% | +11.38% | -1.47% | 57 |
| AKZA.AS AKZO NOBEL NV | 0.33% | 63.52 | -0.06% | +4.61% | +11.24% | +10.55% | 53 |
| YAR.OL YARA INTERNATIONAL | 0.31% | 416.20 | -1.58% | -6.83% | -5.67% | +0.53% | 6 |
| STERV.HE STORA ENSO CLASS R | 0.23% | 9.76 | +0.00% | -1.83% | +5.36% | -7.66% | 37 |
| MOS Mosaic Company | 0.23% | 23.06 | -1.71% | +4.25% | +11.13% | -2.49% | 51 |
| SCA-B.ST SVENSKA CELLULOSA B | 0.20% | 110.30 | +0.27% | +1.89% | +12.25% | -7.49% | 63 |
| CRDA.LSE CRODA INTERNATIONAL PLC | 0.18% | 3265.00 | -0.49% | +1.87% | +14.48% | +23.75% | 80 |
| SYENS.BR SYENSQO NV | 0.17% | 80.45 | +1.13% | +4.68% | +22.64% | +20.60% | 92 |
| JMAT.LSE JOHNSON MATTHEY PLC | 0.16% | 2168.00 | +0.74% | +8.84% | +14.95% | +4.31% | 82 |
| AKE.PA ARKEMA SA | 0.15% | 61.45 | +0.24% | +4.33% | +14.22% | +25.07% | 78 |
| MNDI.LSE MONDI PLC | 0.14% | 921.60 | +1.83% | +3.30% | +31.81% | +1.98% | 98 |
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.