Constituent dispersion · breadth vs the index
EXI — Global Industrials
Concentration 19.15% in top 5 60.61 effective names · HHI 165
RS vs S&P 500 21d +1.25pp sector return − SPY
RS vs Nasdaq-100 21d +4.15pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +4.12% · A/D +270 (+2.06/name)
EXI 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 | +3.52% | +1.6 | -6pp | -1.07pp | Confirming ↑ |
| 1 month | +4.12% | +2.06 | +3pp | +0.42pp | Confirming ↑ |
| 1 quarter | +4.20% | +2.58 | +2pp | +0.23pp | Confirming ↑ |
Over the last 126 sessions: price up +5.56%, breadth up (+1.31/name) · % beating 47→50 · median−ETF -0.90pp→+0.03pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.88% | +0.37% | -0.52pp | 83 / 47 | 43 / 88 | 74 of 131 | ±2.15% |
| 5d | +3.52% | +3.63% | +0.11pp | 113 / 18 | 67 / 64 | 34 of 131 | ±3.92% |
| 21d | +4.12% | +4.15% | +0.03pp | 91 / 40 | 66 / 65 | 11 of 131 | ±9.69% |
| YTD | +17.05% | +14.10% | -2.95pp | 98 / 33 | 55 / 76 | 4 of 131 | ±21.47% |
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)
- UBER+6.46%+0.1pp
- SIE.XETRA+2.45%+0.06pp
- HON+2.27%+0.03pp
- AXON+9.29%+0.03pp
- KRX.IR+17.84%+0.02pp
- CAT-1.72%-0.07pp
- GE-1.19%-0.04pp
- GEV-1.00%-0.03pp
- HWM-2.66%-0.03pp
- TDG-2.92%-0.02pp
This month (21d)
- RTX+14.26%+0.35pp
- SU+12.48%+0.21pp
- ETN+10.56%+0.16pp
- HON+10.20%+0.15pp
- PH+13.14%+0.15pp
- CAT-10.25%-0.42pp
- GEV-7.90%-0.23pp
- VRT-15.91%-0.2pp
- DSV.CO-18.73%-0.09pp
- ABBN.SW-3.45%-0.06pp
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)
- ADEN.SW+42.27%
- LDOS+29.03%
- ALLE+25.08%
- KRX.IR+22.03%
- IMCD.AS+21.03%
- CHRW-22.52%
- RTO-19.84%
- DSV.CO-18.73%
- LII-18.18%
- VRT-15.91%
EXI — constituent leadership race
$100 in each covered EXI 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 — 131 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| CAT Caterpillar Inc | 4.13% | 842.19 | -1.72% | +3.36% | -10.25% | +47.64% | 5 |
| GE GE Aerospace | 3.25% | 370.08 | -1.19% | +2.78% | +3.07% | +20.32% | 47 |
| GEV GE Vernova Inc | 2.89% | 990.32 | -1.00% | +0.00% | -7.90% | +51.73% | 7 |
| RTX Rtx Corp | 2.42% | 223.03 | -0.10% | +3.63% | +14.26% | +22.01% | 87 |
| SIE.XETRA SIEMENS N AG | 2.31% | 279.80 | +2.45% | -1.01% | +2.19% | +19.49% | 40 |
| BA Boeing Company | 1.77% | 234.42 | +0.96% | +8.46% | +5.07% | +7.97% | 55 |
| SU Suncor Energy Inc | 1.70% | 303.70 | +1.03% | +4.87% | +12.48% | +29.29% | 81 |
| ABBN.SW ABB LTD | 1.65% | 81.76 | -0.68% | +2.82% | -3.45% | +40.10% | 18 |
| UNP Union Pacific Corp | 1.61% | 293.13 | -0.76% | +0.34% | +2.84% | +28.04% | 44 |
| UBER UBER Technologies Inc | 1.55% | 75.02 | +6.46% | +6.62% | +0.90% | -8.19% | 34 |
| ETN Eaton Corp | 1.52% | 448.68 | +0.36% | +8.33% | +10.56% | +41.31% | 75 |
| ENR Energizer Holdings Inc | 1.49% | 153.54 | -0.09% | +4.14% | -1.73% | +28.07% | 24 |
| HON Honeywell International | 1.46% | 246.21 | +2.27% | +1.30% | +10.20% | +26.83% | 74 |
| RR.LSE ROLLS-ROYCE HOLDINGS PLC | 1.40% | 1530.00 | -0.22% | +4.64% | +6.52% | +33.63% | 59 |
| DE Deere & Company | 1.38% | 620.83 | +0.97% | +4.75% | +4.71% | +33.74% | 53 |
| VRT Vertiv Holdings Llc. | 1.27% | 272.40 | -1.01% | +12.76% | -15.91% | +68.18% | 3 |
| AIR AAR Corp | 1.22% | 213.60 | +0.54% | +5.64% | +8.69% | +9.65% | 68 |
| PH Parker-Hannifin Corp | 1.12% | 1073.87 | +0.38% | +9.97% | +13.14% | +22.68% | 84 |
| PWR Quanta Services | 1.10% | 671.86 | +0.60% | +0.67% | +0.55% | +59.26% | 33 |
| LMT Lockheed Martin Corp | 1.09% | 587.95 | +0.88% | +0.89% | +13.45% | +22.20% | 85 |
| HWM Howmet Aerospace Inc | 1.07% | 281.88 | -2.66% | -0.09% | +2.96% | +37.63% | 45 |
| TT Trane Technologies Plc | 1.02% | 482.31 | +0.76% | +6.01% | +2.18% | +24.50% | 39 |
| ADP Automatic Data Processing | 0.91% | 271.32 | -0.80% | +1.82% | +12.45% | +6.35% | 80 |
| CMI Cummins Inc | 0.91% | 644.26 | +0.04% | +1.59% | -4.33% | +27.04% | 17 |
| GD General Dynamics Corp | 0.88% | 392.05 | +1.33% | +2.25% | +4.66% | +17.47% | 52 |
| CSX CSX Corp | 0.88% | 50.27 | -0.85% | -0.26% | +1.86% | +39.13% | 37 |
| FDX Fedex Corp | 0.86% | 318.57 | +0.85% | +3.63% | +2.49% | +10.73% | 41 |
| JCI Johnson Controls Intl | 0.85% | 152.21 | -1.51% | +3.78% | +8.31% | +27.50% | 65 |
| WM Waste Management | 0.83% | 227.68 | -0.58% | +0.50% | -1.72% | +4.49% | 24 |
| MMM 3M Company | 0.82% | 182.90 | +1.21% | +3.76% | +17.74% | +14.75% | 95 |
| BA BAE SYSTEMS PLC | 0.81% | 234.42 | +0.96% | +8.46% | +5.07% | +7.97% | 55 |
| EMR Emerson Electric Company | 0.78% | 158.26 | +0.86% | +5.63% | +14.85% | +20.19% | 89 |
| NOC Northrop Grumman Corp | 0.75% | 571.58 | +0.68% | +5.36% | +7.39% | +0.56% | 62 |
| UPS United Parcel Service | 0.75% | 104.50 | +1.26% | +0.27% | -5.63% | +6.82% | 11 |
| DG Dollar General Corp | 0.73% | 126.59 | -0.67% | -0.36% | +9.38% | -3.79% | 69 |
| NSC Norfolk Southern Corp | 0.72% | 334.36 | -1.98% | +0.06% | +3.27% | +16.82% | 48 |
| TDG Transdigm Group Inc | 0.70% | 1225.25 | -2.92% | -2.32% | -5.44% | -7.87% | 13 |
| ITW Illinois Tool Works | 0.67% | 296.66 | +0.67% | +3.38% | +11.74% | +21.21% | 78 |
| FIX Comfort Systems USA | 0.66% | 1694.55 | -1.11% | -2.03% | -4.88% | +81.73% | 15 |
| REL.LSE RELX PLC | 0.62% | 2627.00 | +0.92% | +0.77% | +10.61% | -11.39% | 76 |
| URI United Rentals | 0.60% | 1162.84 | +0.02% | +7.74% | +6.81% | +44.30% | 61 |
| CTAS Cintas Corp | 0.60% | 203.05 | +0.45% | -0.77% | +14.27% | +8.21% | 88 |
| PCAR Paccar Inc | 0.59% | 133.11 | +0.80% | +0.32% | +7.97% | +22.25% | 63 |
| LHX L3Harris Technologies | 0.59% | 286.67 | -0.99% | +3.47% | -1.10% | -2.01% | 27 |
| GWW W.W. Grainger | 0.56% | 1277.55 | -0.39% | -7.57% | -6.40% | +27.11% | 9 |
| AME Ametek Inc | 0.53% | 253.66 | +0.91% | +4.94% | +8.87% | +23.75% | 69 |
| FAST Fastenal Company | 0.51% | 51.84 | +2.05% | +8.66% | +11.84% | +30.59% | 79 |
| ROK Rockwell Automation Inc | 0.51% | 441.04 | -0.17% | -8.13% | -5.66% | +14.10% | 11 |
| DAL Delta Air Lines Inc | 0.51% | 91.34 | -0.70% | +4.46% | +2.63% | +32.32% | 43 |
| CARR Carrier Global Corp | 0.50% | 64.01 | +0.08% | +3.56% | -5.60% | +22.09% | 12 |
| ATCO-A.ST ATLAS COPCO CLASS A | 0.48% | 209.60 | -0.38% | +4.23% | +9.85% | +28.05% | 72 |
| DSV.CO DSV | 0.48% | 1349.00 | +1.16% | -4.02% | -18.73% | -16.10% | 2 |
| LR.PA LEGRAND SA | 0.47% | 140.20 | +0.83% | +6.70% | -0.81% | +10.18% | 28 |
| WAB Wabtec Corp | 0.45% | 291.81 | -1.16% | +0.33% | +12.33% | +37.04% | 79 |
| RSG Republic Services | 0.43% | 214.56 | +2.37% | +1.90% | -1.89% | +1.83% | 21 |
| WCN Waste Connections Inc | 0.41% | 166.71 | -0.41% | -0.19% | -2.02% | -4.52% | 21 |
| SGO.PA COMPAGNIE DE SAINT GOBAIN SA | 0.40% | 85.44 | +0.85% | +5.12% | +14.96% | -1.75% | 90 |
| ODFL Old Dominion Freight Line | 0.39% | 216.36 | +2.34% | +1.99% | -4.20% | +38.18% | 18 |
| EME Emcor Group | 0.39% | 816.90 | +1.05% | +2.44% | +4.33% | +33.67% | 51 |
| ASSA-B.ST ASSA ABLOY B | 0.37% | 366.50 | -0.11% | +3.79% | +10.03% | +3.03% | 73 |
| FER Ferrovial N.V. | 0.33% | 66.51 | +1.71% | +2.17% | +3.02% | +2.94% | 46 |
| EXPN.LSE EXPERIAN PLC | 0.33% | 2897.00 | +2.37% | +3.84% | +11.08% | -13.46% | 77 |
| UAL United Airlines Holdings | 0.33% | 129.56 | +0.34% | +6.78% | +0.40% | +15.86% | 32 |
| VWS.CO VESTAS WIND SYSTEMS | 0.32% | 178.05 | +1.08% | +2.01% | -1.25% | +3.08% | 26 |
| AXON Axon Enterprise | 0.31% | 571.01 | +9.29% | +8.20% | -1.89% | +0.54% | 22 |
| CPRT Copart Inc | 0.31% | 29.66 | +2.24% | +1.85% | +4.69% | -24.24% | 53 |
| PAYX Paychex Inc | 0.31% | 120.04 | -0.07% | +2.74% | +12.97% | +8.12% | 82 |
| ACS.MC ACS ACTIVIDADES DE CONSTRUCCION Y | 0.31% | 109.00 | -0.27% | -1.18% | -9.62% | +29.09% | 6 |
| OTIS Otis Worldwide Corp | 0.29% | 73.99 | +0.22% | +2.84% | +2.76% | -14.39% | 44 |
| DOV Dover Corp | 0.29% | 211.13 | +0.14% | +3.18% | -0.21% | +8.65% | 30 |
| XYL Xylem Inc | 0.27% | 120.32 | -0.36% | +2.86% | +1.20% | -11.35% | 36 |
| ATCO-B.ST ATLAS COPCO CLASS B | 0.27% | 182.55 | -0.68% | +3.81% | +9.44% | +23.31% | 70 |
| IR Ingersoll Rand Inc | 0.26% | 86.97 | -1.44% | +4.31% | +12.87% | +9.84% | 82 |
| HUBB Hubbell Inc B | 0.25% | 513.99 | +1.23% | +8.77% | +5.89% | +16.40% | 58 |
| HO.PA THALES SA | 0.25% | 264.80 | +0.08% | +7.69% | +16.75% | +15.23% | 92 |
| VRSK Verisk Analytics Inc | 0.24% | 191.82 | +1.09% | -1.56% | +2.57% | -14.03% | 42 |
| KNEBV.HE KONE | 0.23% | 51.34 | -0.04% | +2.48% | +4.29% | -12.61% | 50 |
| VLTO Veralto Corporation | 0.22% | 98.34 | +0.33% | +4.43% | +6.78% | -1.29% | 60 |
| CHRW C.H. Robinson Ww | 0.22% | 149.35 | +1.83% | +1.09% | -22.52% | -6.46% | 0 |
| EXPD Expeditors Intl | 0.22% | 178.71 | +0.08% | +6.44% | +4.74% | +20.55% | 54 |
| GEBN.SW GEBERIT AG | 0.21% | 561.40 | -0.35% | +5.49% | +8.67% | -7.18% | 67 |
| AENA.MC AENA SME SA | 0.21% | 26.84 | +0.07% | +0.60% | +0.07% | +16.65% | 31 |
| VACN.SW VAT GROUP AG | 0.21% | 633.20 | -0.19% | +5.18% | -6.58% | +66.09% | 8 |
| LUV Southwest Airlines Company | 0.20% | 47.05 | +0.23% | +4.63% | -4.41% | +14.33% | 16 |
| EFX Equifax Inc | 0.20% | 182.56 | +3.85% | +5.76% | +9.54% | -15.35% | 71 |
| JBHT J B Hunt Transport | 0.20% | 268.52 | +0.64% | -1.02% | -4.99% | +38.70% | 15 |
| WRT1V.HE WARTSILA | 0.20% | 29.43 | +0.51% | +0.31% | -2.81% | -1.67% | 19 |
| SNA Snap-On Inc | 0.19% | 416.35 | +0.40% | +1.45% | +4.08% | +22.42% | 49 |
| SGSN.SW SGS SA | 0.19% | 97.04 | +0.25% | +1.32% | +3.12% | +10.94% | 47 |
| FTV Fortive Corp | 0.19% | 61.71 | +1.38% | +4.22% | +0.92% | +11.90% | 34 |
| BR Broadridge Financial Solutions | 0.18% | 166.50 | +1.06% | +8.15% | +13.02% | -24.98% | 83 |
| EPI-A.ST EPIROC CLASS A | 0.18% | 251.20 | -0.63% | +2.91% | -1.72% | +19.68% | 25 |
| WKL.AS WOLTERS KLUWER NV | 0.17% | 70.08 | +0.66% | +3.24% | +16.96% | -20.67% | 93 |
| LDOS Leidos Holdings Inc | 0.16% | 137.57 | +1.71% | +19.01% | +29.03% | -23.55% | 98 |
| ROL Rollins Inc | 0.16% | 37.74 | +2.47% | -0.61% | -15.70% | -36.72% | 4 |
| TXT Textron Inc | 0.16% | 89.43 | +1.75% | +4.89% | -1.11% | +2.62% | 27 |
| IEX Idex Corp | 0.16% | 234.46 | +0.32% | +1.74% | +6.70% | +32.72% | 60 |
| NDSN Nordson Corp | 0.16% | 310.11 | +0.37% | +4.14% | +8.29% | +29.38% | 64 |
| LII Lennox International | 0.16% | 439.77 | +0.93% | +5.74% | -18.18% | -9.17% | 2 |
| KOG.OL KONGSBERG GRUPPEN | 0.15% | 310.60 | +0.94% | +4.86% | -0.64% | +20.76% | 29 |
| RTO Rentokil Initial Plc ADR | 0.15% | 360.10 | -0.94% | +4.44% | -19.84% | -18.54% | 1 |
| GNRC Generac Holdings Inc | 0.15% | 212.22 | +0.49% | +7.67% | -10.02% | +55.62% | 5 |
| RYA.IR RYANAIR HOLDINGS PLC | 0.15% | 24.98 | -1.11% | +3.76% | -6.09% | -14.89% | 10 |
| MAS Masco Corp | 0.14% | 77.51 | +2.70% | +8.44% | +1.14% | +23.25% | 35 |
| J Jacobs Engineering Group | 0.14% | 145.07 | +0.72% | +7.52% | +15.28% | +10.15% | 91 |
| KRX.IR KINGSPAN GROUP PLC | 0.13% | 96.10 | +17.84% | +19.75% | +22.03% | +30.09% | 97 |
| DPLM.LSE DIPLOMA PLC | 0.13% | 7700.00 | +0.26% | +5.19% | +14.07% | +46.99% | 86 |
| METSO.HE METSO CORPORATION | 0.13% | 16.76 | -0.83% | +4.03% | +10.99% | +13.40% | 76 |
| HII Huntington Ingalls Industries | 0.13% | 324.48 | +0.85% | -0.60% | +13.37% | -3.87% | 85 |
| PNR Pentair Ltd | 0.12% | 68.89 | -1.44% | +5.27% | -7.62% | -33.48% | 8 |
| SWK Stanley Black & Decker | 0.12% | 103.89 | +2.82% | +9.84% | +19.66% | +41.41% | 95 |
| KNIN.SW KUEHNE UND NAGEL INTERNATIONAL AG | 0.12% | 199.55 | -0.27% | -2.99% | -2.37% | +20.61% | 20 |
| TRI Thomson Reuters Corp | 0.12% | 101.83 | +1.68% | +3.77% | +14.66% | -21.07% | 89 |
| ALLE Allegion Plc | 0.12% | 168.94 | +0.14% | +7.33% | +25.08% | +6.51% | 98 |
| BVI.PA BUREAU VERITAS SA | 0.11% | 28.36 | -0.28% | +2.53% | +5.19% | +8.02% | 56 |
| EN.PA BOUYGUES SA | 0.11% | 48.64 | -1.12% | -0.25% | +4.15% | +14.32% | 50 |
| SMIN Ishares MSCI India Small Cap ETF | 0.11% | 71.89 | +0.49% | +2.69% | +2.31% | +2.83% | 40 |
| BNZL.LSE BUNZL | 0.11% | 2870.00 | +1.34% | +2.43% | +8.38% | +41.38% | 66 |
| FGR.PA EIFFAGE SA | 0.11% | 123.55 | -1.36% | +0.24% | +2.02% | +4.83% | 37 |
| PAC Grupo Aeroportuario Del Pacifico ADR | 0.10% | 222.70 | +0.27% | +2.46% | -5.02% | -15.53% | 14 |
| EPI-B.ST EPIROC CLASS B | 0.10% | 213.60 | -0.28% | +2.40% | -1.75% | +15.36% | 23 |
| ADDT-B.ST ADDTECH CLASS B | 0.10% | 358.20 | +0.00% | +3.35% | +10.08% | +9.41% | 73 |
| SKA-B.ST SKANSKA B | 0.09% | 270.30 | -0.70% | +1.35% | +5.71% | +13.42% | 57 |
| BLDR Builders Firstsource | 0.08% | 74.69 | +3.01% | +12.42% | +0.20% | -27.41% | 31 |
| MRO Marathon Oil Corp | 0.08% | 485.40 | +1.72% | +6.85% | +2.15% | -16.73% | 38 |
| TREL-B.ST TRELLEBORG B | 0.08% | 441.00 | +0.59% | +4.35% | +7.56% | +14.64% | 63 |
| SPX.LSE SPIRAX GROUP PLC | 0.07% | 7500.00 | +1.69% | +7.99% | +17.28% | +11.79% | 94 |
| NIBE-B.ST NIBE INDUSTRIER CLASS B | 0.07% | 40.14 | -0.37% | +5.24% | +16.42% | +12.69% | 92 |
| IMCD.AS IMCD NV | 0.07% | 100.70 | -0.05% | +6.25% | +21.03% | +32.53% | 96 |
| AOS Smith A.O. Corp | 0.06% | 63.98 | +1.57% | +6.40% | +8.40% | -3.32% | 66 |
| ADEN.SW ADECCO GROUP AG | 0.03% | 23.66 | +4.41% | +5.16% | +42.27% | +7.75% | 99 |
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.