Constituent dispersion · breadth vs the index
XLF — Financial Select Sector
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 | +1.16% | +0.57 | -8pp | -0.90pp | Confirming ↑ |
| 1 month | +3.71% | +1.93 | -22pp | -2.28pp | Confirming ↑ |
| 1 quarter | +11.67% | +5.79 | -14pp | -1.49pp | Confirming ↑ |
Over the last 126 sessions: price up +8.15%, breadth up (+8.26/name) · % beating 61→45 · median−ETF +2.27pp→-0.67pp.
Stocks above their moving average — participation breadth
Of the 76 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 76 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 | 6 (8%) | 22 (29%) | -16 |
| 1-Month | 3 (4%) | 1 (1%) | +2 |
| 3-Month | 3 (4%) | 0 (0%) | +3 |
| 6-Month | 3 (4%) | 0 (0%) | +3 |
| 52-Week | 0 (0%) | 0 (0%) | +0 |
| YTD | 1 (1%) | 0 (0%) | +1 |
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | -0.36% | -0.39% | -0.02pp | 26 / 50 | 37 / 39 | 49 of 76 | ±1.4% |
| 5d | +1.16% | +1.30% | +0.14pp | 53 / 23 | 39 / 37 | 32 of 76 | ±2.67% |
| 21d | +3.71% | +3.04% | -0.67pp | 58 / 18 | 34 / 42 | 11 of 76 | ±6.88% |
| YTD | +5.71% | +8.32% | +2.62pp | 51 / 25 | 40 / 36 | 2 of 76 | ±17.18% |
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)
- MS+1.21%+0.04pp
- JPM+0.34%+0.04pp
- BX+2.76%+0.03pp
- GS+0.68%+0.03pp
- C+0.88%+0.03pp
- V-2.15%-0.15pp
- MA-2.26%-0.12pp
- BRK.B-0.54%-0.06pp
- ALL-2.95%-0.02pp
- CB-1.05%-0.02pp
This month (21d)
- JPM+6.57%+0.75pp
- BRK.B+5.32%+0.63pp
- MA+7.60%+0.4pp
- BAC+6.62%+0.32pp
- V+4.11%+0.29pp
- HOOD-18.96%-0.18pp
- C-3.27%-0.11pp
- PGR-6.18%-0.1pp
- SPGI-5.72%-0.1pp
- MS-2.61%-0.09pp
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)
- PYPL+30.34%
- WTW+19.26%
- FDS+18.05%
- GPN+15.78%
- TRV+13.88%
- HOOD-18.96%
- IBKR-7.82%
- MSCI-6.66%
- PGR-6.18%
- SPGI-5.72%
XLF — constituent leadership race
$100 in each covered XLF constituent at 2025-12-24, 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 — 76 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| BRK.B Berkshire Hathaway Cl B | 11.80% | 521.80 | -0.54% | +2.01% | +5.32% | +3.81% | 63 |
| JPM JP Morgan Chase & Company | 11.38% | 357.52 | +0.34% | +1.63% | +6.57% | +12.02% | 68 |
| V Visa Inc | 7.13% | 362.50 | -2.15% | -0.99% | +4.11% | +3.57% | 58 |
| MA Mastercard Inc | 5.25% | 562.95 | -2.26% | -1.77% | +7.60% | -1.07% | 78 |
| BAC Bank of America Corp | 4.89% | 63.17 | +0.27% | +1.97% | +6.62% | +15.50% | 70 |
| GS Goldman Sachs Group | 4.19% | 1039.61 | +0.68% | +2.08% | -1.55% | +18.89% | 18 |
| WFC Wells Fargo & Company | 3.41% | 87.25 | -0.39% | +1.50% | +0.39% | -5.92% | 26 |
| MS Morgan Stanley | 3.39% | 216.33 | +1.21% | +2.81% | -2.61% | +23.19% | 11 |
| C Citigroup Inc | 3.21% | 135.00 | +0.88% | +2.44% | -3.27% | +16.84% | 7 |
| AXP American Express Company | 2.29% | 340.91 | -0.49% | +1.39% | -1.68% | -7.35% | 16 |
| SCHW The Charles Schwab Corp | 2.00% | 107.60 | -0.06% | +2.24% | +5.58% | +8.06% | 66 |
| BLK Blackrock Inc | 1.96% | 1136.39 | +0.63% | +4.22% | +11.45% | +6.76% | 88 |
| SPGI S&P Global Inc | 1.69% | 408.19 | +0.73% | -0.91% | -5.72% | -21.53% | 5 |
| CB Chubb Ltd | 1.57% | 350.31 | -1.05% | -0.11% | +0.72% | +12.57% | 29 |
| PGR Progressive Corp | 1.57% | 215.33 | +0.00% | +1.85% | -6.18% | +0.62% | 4 |
| COF Capital One Financial Corp | 1.52% | 217.76 | -1.02% | +4.19% | +8.83% | -9.42% | 80 |
| BNY Bank of New York Mellon Corp | 1.30% | 157.61 | -0.76% | +0.82% | +3.51% | +36.91% | 53 |
| CME CME Group | 1.28% | 263.66 | -0.25% | -1.54% | +9.99% | -1.14% | 83 |
| PNC PNC Bank | 1.26% | 252.56 | -0.08% | +1.08% | +0.66% | +22.86% | 28 |
| BX Blackstone Inc | 1.21% | 137.13 | +2.76% | +8.44% | +12.26% | -9.17% | 91 |
| USB U.S. Bancorp | 1.21% | 63.94 | +0.20% | +1.48% | +3.30% | +21.06% | 50 |
| MRSH Marsh & Mclennan Companies | 1.07% | 191.65 | -0.85% | +1.03% | +7.07% | +4.36% | 74 |
| ICE Intercontinental Exchange | 1.05% | 150.30 | +0.37% | -1.43% | +11.24% | -6.90% | 87 |
| HOOD Robinhood Markets Inc Cl A | 0.97% | 93.29 | +2.84% | +7.77% | -18.96% | -17.52% | 0 |
| AON AON Plc | 0.95% | 358.30 | -0.68% | -0.40% | +0.77% | +2.02% | 30 |
| MCO Moody's Corp | 0.90% | 477.75 | +0.98% | -0.13% | -1.90% | -6.05% | 14 |
| KKR KKR & Company LP | 0.87% | 102.81 | -0.52% | +1.36% | +6.79% | -19.05% | 71 |
| TRV The Travelers Companies | 0.87% | 384.31 | -0.44% | +2.66% | +13.88% | +32.98% | 93 |
| TFC Truist Financial Corp | 0.86% | 52.35 | -0.46% | +0.98% | +1.91% | +8.59% | 39 |
| APO Apollo Asset Management | 0.82% | 127.44 | -0.43% | +1.47% | +6.34% | -11.23% | 67 |
| ALL Allstate Corp | 0.76% | 267.00 | -2.95% | +1.11% | +7.38% | +29.60% | 76 |
| AJG Arthur J. Gallagher & Company | 0.74% | 248.12 | -1.44% | -0.52% | -2.22% | -3.51% | 13 |
| AFL Aflac Inc | 0.72% | 124.61 | -1.62% | -2.25% | +2.15% | +14.19% | 43 |
| FITB Fifth Third Bancorp | 0.65% | 57.09 | +0.23% | +1.04% | +0.97% | +23.06% | 33 |
| MET Metlife Inc | 0.64% | 97.77 | -2.18% | +2.34% | +7.26% | +25.70% | 75 |
| STT State Street Corp | 0.62% | 184.68 | -0.13% | +0.28% | +2.51% | +45.05% | 45 |
| MSCI MSCI Inc | 0.58% | 563.17 | -0.72% | -1.58% | -6.66% | -1.10% | 3 |
| AMP Ameriprise Financial Services | 0.55% | 551.98 | -1.40% | +1.44% | +10.36% | +13.32% | 84 |
| IBKR Interactive Brokers | 0.53% | 87.83 | +2.10% | -0.18% | -7.82% | +36.86% | 1 |
| AIG American International Group | 0.53% | 78.78 | -1.49% | +0.25% | -0.42% | -7.37% | 21 |
| NDAQ Nasdaq Inc | 0.53% | 94.59 | -0.12% | +0.42% | +8.08% | -2.31% | 79 |
| PYPL Paypal Holdings | 0.50% | 59.07 | -1.19% | +3.25% | +30.34% | +1.49% | 99 |
| XYZ Block Inc | 0.50% | 79.00 | -0.03% | -2.76% | +2.04% | +21.37% | 42 |
| PRU Prudential Financial Inc | 0.50% | 121.28 | -0.18% | -0.66% | +5.46% | +10.41% | 64 |
| HIG The Hartford Insurance Group | 0.48% | 143.28 | -0.85% | +0.97% | +3.44% | +4.92% | 51 |
| COIN Coinbase Global Cl A | 0.47% | 153.60 | +5.63% | +5.02% | -3.05% | -32.08% | 9 |
| HBAN Huntington Bancshares | 0.47% | 17.55 | +1.09% | +2.99% | -1.18% | +2.18% | 20 |
| MTB M&T Bank Corp | 0.46% | 250.45 | +0.12% | +1.69% | +5.26% | +26.05% | 61 |
| ACGL Arch Capital Grp Ltd | 0.43% | 98.48 | -0.82% | -2.04% | -3.17% | +2.67% | 8 |
| NTRS Northern Trust Corp | 0.43% | 185.50 | +0.74% | +1.82% | +1.44% | +37.20% | 36 |
| CBOE CBOE Global Markets | 0.41% | 286.58 | -0.90% | -7.62% | +6.99% | +14.70% | 72 |
| FISV Fiserv Inc | 0.38% | 52.41 | -3.14% | -2.84% | +1.47% | -21.97% | 37 |
| CFG Citizens Financial Group | 0.38% | 72.67 | +0.33% | +1.42% | +4.02% | +26.19% | 57 |
| ARES Ares Management LP | 0.37% | 136.85 | -0.96% | +6.84% | +12.49% | -14.18% | 92 |
| RJF Raymond James Financial | 0.36% | 176.56 | -1.54% | +0.33% | +4.65% | +10.73% | 59 |
| CINF Cincinnati Financial | 0.35% | 176.86 | -1.22% | -0.46% | +0.82% | +8.93% | 32 |
| SYF Synchrony Financial | 0.34% | 78.59 | -0.10% | +4.14% | +9.81% | -5.03% | 82 |
| RF Regions Financial Corp | 0.33% | 31.43 | +0.13% | +1.55% | +2.78% | +18.21% | 46 |
| WTW Willis Towers Watson Public | 0.33% | 344.82 | +1.41% | +2.65% | +19.26% | +5.28% | 97 |
| CPAY Corpay Inc | 0.33% | 392.94 | -1.34% | +2.83% | +11.90% | +30.58% | 89 |
| TROW T Rowe Price Group | 0.31% | 114.02 | +0.35% | +2.03% | -2.59% | +13.03% | 12 |
| PFG Principal Financial Group | 0.29% | 113.40 | -1.74% | -0.26% | +1.55% | +30.75% | 38 |
| KEY Keycorp | 0.28% | 22.73 | +0.31% | +0.62% | -1.60% | +12.32% | 17 |
| WRB W.R. Berkley Corp | 0.27% | 71.60 | -0.73% | -1.30% | -0.31% | +3.16% | 22 |
| FIS Fidelity National Information Services | 0.27% | 42.77 | -0.09% | -4.47% | +2.79% | -35.09% | 47 |
| L Loews Corp | 0.24% | 115.53 | -0.39% | -0.41% | +0.33% | +9.83% | 25 |
| BRO Brown & Brown | 0.23% | 71.43 | +0.35% | +1.46% | +5.29% | -9.91% | 62 |
| GPN Global Payments Inc | 0.21% | 86.12 | -1.79% | +2.43% | +15.78% | +11.63% | 95 |
| EG Everest Re Group | 0.18% | 374.96 | +1.24% | +0.22% | +1.07% | +11.18% | 34 |
| GL Globe Life Inc | 0.17% | 183.85 | -1.17% | +0.88% | +2.79% | +32.02% | 49 |
| AIZ Assurant Inc | 0.17% | 289.55 | -2.31% | +3.71% | +3.71% | +20.71% | 54 |
| IVZ Invesco Limited | 0.17% | 31.58 | -0.35% | +6.69% | +10.38% | +22.13% | 86 |
| BEN Franklin Resources | 0.13% | 33.77 | -0.68% | -0.27% | +0.27% | +43.42% | 24 |
| JKHY Jack Henry & Assoc | 0.12% | 155.95 | -0.63% | +1.24% | +3.81% | -13.84% | 55 |
| FDS Factset Research Systems | 0.12% | 285.57 | +4.00% | +8.50% | +18.05% | -0.60% | 96 |
| ERIE Erie Indemnity Company | 0.08% | 252.58 | -0.58% | +4.35% | +1.92% | -10.91% | 41 |
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.