Constituent dispersion · breadth vs the index
DTCR — Global X Data Center & Digital Infra
Concentration 51.78% in top 5 13.02 effective names · HHI 768
RS vs S&P 500 21d +5.92pp sector return − SPY
RS vs Nasdaq-100 21d +4.48pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +3.46% · A/D +9 (+0.56/name)
DTCR price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -1.63% | -1.53% | +0.10pp | 5 / 11 | 8 / 8 | 3 of 16 | ±4.63% |
| 5d | +0.84% | -0.11% | -0.95pp | 8 / 8 | 7 / 9 | 1 of 16 | ±9.64% |
| 21d | +7.43% | +0.17% | -7.25pp | 8 / 7 | 5 / 11 | 2 of 16 | ±18.39% |
| YTD | +65.86% | +19.50% | -46.36pp | 16 / 0 | 5 / 11 | 0 of 16 | ±89.83% |
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)
- APLD+8.83%+0.36pp
- DLR+1.05%+0.11pp
- EQIX+0.81%+0.1pp
- SMCI+1.28%+0.02pp
- NXT.AX+0.41%+0.02pp
- MRVL-9.78%-0.52pp
- INTC-8.45%-0.33pp
- MU-6.18%-0.28pp
- AMD-7.30%-0.26pp
- SBAC-4.38%-0.16pp
This month (21d)
- MRVL+57.54%+3.07pp
- MU+40.86%+1.86pp
- AMT+8.11%+0.79pp
- AMD+19.62%+0.69pp
- INTC+7.61%+0.3pp
- DLR-4.12%-0.44pp
- AVGO-11.40%-0.2pp
- NVDA-7.95%-0.14pp
- EQIX-0.93%-0.11pp
- SMCI-6.60%-0.11pp
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)
- MRVL+57.54%
- MU+40.86%
- AMD+19.62%
- AMT+8.11%
- INTC+7.61%
- AVGO-11.40%
- NVDA-7.95%
- SMCI-6.60%
- DLR-4.12%
- SBAC-2.09%
Other ETFs & indices
Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.