Constituent dispersion · breadth vs the index

XLI — Industrial Select Sector

80/80 covered · 100% by weight · benchmark: XLI price · closes through 2026-08-07 ·holdings as of 2026-06-16

Concentration 26.42% in top 5 37.88 effective names · HHI 264
RS vs S&P 500 21d -0.62pp sector return − SPY
RS vs Nasdaq-100 21d +2.28pp sector return − QQQ
Broad advance - breadth is rising with price. Last 21 sessions — price +2.25% · A/D +170 (+2.13/name)
XLI 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.

HorizonPriceA/D /name% beating ΔMedian−ETF ΔRead
1 week +2.97% +1.58 +1pp -0.98pp Confirming ↑
1 month +2.25% +2.13 +14pp +1.97pp Confirming ↑
1 quarter +8.31% +4.11 +23pp +4.71pp Confirming ↑

Over the last 126 sessions: price up +9.92%, breadth up (+2.69/name) · % beating 53→57 · median−ETF +1.00pp→+0.77pp.

Stocks above their moving average — participation breadth

Of the 80 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.

5-day 62.5% 50/80 above
20-day 67.5% 54/80 above
50-day 70% 56/80 above
100-day 73.42% 58/79 above
150-day 73.42% 58/79 above
200-day 74.68% 59/79 above
% of constituents above their 50-day average — breadth over the last year; 50% is the participation midpoint

New highs & new lows — by horizon

How many of the 80 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.

HorizonNew highsNew lowsNet
5-Day 25 (31%) 10 (13%) +15
1-Month 13 (16%) 2 (3%) +11
3-Month 11 (14%) 0 (0%) +11
6-Month 6 (8%) 0 (0%) +6
52-Week 6 (8%) 0 (0%) +6
YTD 6 (8%) 0 (0%) +6

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +0.23% +0.47% +0.24pp 56 / 24 49 / 31 44 of 80 ±1.76%
5d +2.97% +3.51% +0.54pp 69 / 11 45 / 35 17 of 80 ±4.16%
21d +2.25% +3.02% +0.77pp 55 / 25 46 / 34 9 of 80 ±9.29%
YTD +19.71% +16.82% -2.89pp 61 / 18 38 / 41 3 of 79 ±22.88%

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%+0.17pp
  • AXON+9.29%+0.06pp
  • HON+2.27%+0.06pp
  • BA+0.96%+0.03pp
  • DE+0.97%+0.03pp
  • CAT-1.72%-0.13pp
  • GE-1.19%-0.08pp
  • HWM-2.66%-0.05pp
  • GEV-1.00%-0.05pp
  • TDG-2.92%-0.04pp

This month (21d)

  • RTX+14.26%+0.64pp
  • ETN+10.56%+0.29pp
  • PH+13.14%+0.27pp
  • MMM+17.74%+0.27pp
  • LMT+13.45%+0.27pp
  • CAT-10.25%-0.79pp
  • GEV-7.90%-0.36pp
  • VRT-15.91%-0.34pp
  • CHRW-22.52%-0.09pp
  • UPS-5.63%-0.08pp

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)

  • LDOS+29.03%
  • ALLE+25.08%
  • SWK+19.66%
  • MMM+17.74%
  • J+15.28%
  • CHRW-22.52%
  • LII-18.18%
  • VRT-15.91%
  • ROL-15.70%
  • CAT-10.25%

XLI — constituent leadership race

$100 in each covered XLI constituent at 2025-12-24, rebased to 100. Watch leadership change hands.

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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 — 80 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
CAT Caterpillar Inc 7.71% 842.19 -1.72% +3.36% -10.25% +47.64% 5
GE GE Aerospace 6.40% 370.08 -1.19% +2.78% +3.07% +20.32% 50
GEV GE Vernova Inc 4.62% 990.32 -1.00% +0.00% -7.90% +51.73% 8
RTX Rtx Corp 4.49% 223.03 -0.10% +3.63% +14.26% +22.01% 90
BA Boeing Company 3.13% 234.42 +0.96% +8.46% +5.07% +7.97% 60
UNP Union Pacific Corp 2.95% 293.13 -0.76% +0.34% +2.84% +28.04% 48
ETN Eaton Corp 2.77% 448.68 +0.36% +8.33% +10.56% +41.31% 76
DE Deere & Company 2.65% 620.83 +0.97% +4.75% +4.71% +33.74% 57
UBER UBER Technologies Inc 2.58% 75.02 +6.46% +6.62% +0.90% -8.19% 35
HON Honeywell International 2.55% 246.21 +2.27% +1.30% +10.20% +26.83% 75
VRT Vertiv Holdings Llc. 2.11% 272.40 -1.01% +12.76% -15.91% +68.18% 3
PH Parker-Hannifin Corp 2.08% 1073.87 +0.38% +9.97% +13.14% +22.68% 86
LMT Lockheed Martin Corp 1.99% 587.95 +0.88% +0.89% +13.45% +22.20% 89
HWM Howmet Aerospace Inc 1.93% 281.88 -2.66% -0.09% +2.96% +37.63% 49
PWR Quanta Services 1.92% 671.86 +0.60% +0.67% +0.55% +59.26% 34
TT Trane Technologies Plc 1.85% 482.31 +0.76% +6.01% +2.18% +24.50% 41
GD General Dynamics Corp 1.67% 392.05 +1.33% +2.25% +4.66% +17.47% 55
CMI Cummins Inc 1.66% 644.26 +0.04% +1.59% -4.33% +27.04% 21
ADP Automatic Data Processing 1.66% 271.32 -0.80% +1.82% +12.45% +6.35% 81
JCI Johnson Controls Intl 1.61% 152.21 -1.51% +3.78% +8.31% +27.50% 70
CSX CSX Corp 1.61% 50.27 -0.85% -0.26% +1.86% +39.13% 40
MMM 3M Company 1.52% 182.90 +1.21% +3.76% +17.74% +14.75% 95
WM Waste Management 1.48% 227.68 -0.58% +0.50% -1.72% +4.49% 26
EMR Emerson Electric Company 1.46% 158.26 +0.86% +5.63% +14.85% +20.19% 93
UPS United Parcel Service 1.46% 104.50 +1.26% +0.27% -5.63% +6.82% 14
NOC Northrop Grumman Corp 1.34% 571.58 +0.68% +5.36% +7.39% +0.56% 66
FDX Fedex Corp 1.33% 318.57 +0.85% +3.63% +2.49% +10.73% 43
TDG Transdigm Group Inc 1.29% 1225.25 -2.92% -2.32% -5.44% -7.87% 16
NSC Norfolk Southern Corp 1.28% 334.36 -1.98% +0.06% +3.27% +16.82% 51
URI United Rentals 1.23% 1162.84 +0.02% +7.74% +6.81% +44.30% 65
ITW Illinois Tool Works 1.23% 296.66 +0.67% +3.38% +11.74% +21.21% 78
FIX Comfort Systems USA 1.20% 1694.55 -1.11% -2.03% -4.88% +81.73% 19
PCAR Paccar Inc 1.13% 133.11 +0.80% +0.32% +7.97% +22.25% 68
CTAS Cintas Corp 1.09% 203.05 +0.45% -0.77% +14.27% +8.21% 91
GWW W.W. Grainger 1.05% 1277.55 -0.39% -7.57% -6.40% +27.11% 10
LHX L3Harris Technologies 1.05% 286.67 -0.99% +3.47% -1.10% -2.01% 29
CARR Carrier Global Corp 1.00% 64.01 +0.08% +3.56% -5.60% +22.09% 15
DAL Delta Air Lines Inc 0.98% 91.34 -0.70% +4.46% +2.63% +32.32% 45
FAST Fastenal Company 0.97% 51.84 +2.05% +8.66% +11.84% +30.59% 79
AME Ametek Inc 0.95% 253.66 +0.91% +4.94% +8.87% +23.75% 73
ROK Rockwell Automation Inc 0.94% 441.04 -0.17% -8.13% -5.66% +14.10% 13
ODFL Old Dominion Freight Line 0.82% 216.36 +2.34% +1.99% -4.20% +38.18% 23
WAB Wabtec Corp 0.82% 291.81 -1.16% +0.33% +12.33% +37.04% 80
RSG Republic Services 0.77% 214.56 +2.37% +1.90% -1.89% +1.83% 24
UAL United Airlines Holdings 0.68% 129.56 +0.34% +6.78% +0.40% +15.86% 33
EME Emcor Group 0.67% 816.90 +1.05% +2.44% +4.33% +33.67% 54
AXON Axon Enterprise 0.63% 571.01 +9.29% +8.20% -1.89% +0.54% 25
PAYX Paychex Inc 0.59% 120.04 -0.07% +2.74% +12.97% +8.12% 84
DOV Dover Corp 0.53% 211.13 +0.14% +3.18% -0.21% +8.65% 30
OTIS Otis Worldwide Corp 0.50% 73.99 +0.22% +2.84% +2.76% -14.39% 46
CPRT Copart Inc 0.50% 29.66 +2.24% +1.85% +4.69% -24.24% 56
XYL Xylem Inc 0.49% 120.32 -0.36% +2.86% +1.20% -11.35% 39
IR Ingersoll Rand Inc 0.48% 86.97 -1.44% +4.31% +12.87% +9.84% 83
VRSK Verisk Analytics Inc 0.47% 191.82 +1.09% -1.56% +2.57% -14.03% 44
HUBB Hubbell Inc B 0.46% 513.99 +1.23% +8.77% +5.89% +16.40% 61
CHRW C.H. Robinson Ww 0.42% 149.35 +1.83% +1.09% -22.52% -6.46% 0
LUV Southwest Airlines Company 0.41% 47.05 +0.23% +4.63% -4.41% +14.33% 20
EXPD Expeditors Intl 0.41% 178.71 +0.08% +6.44% +4.74% +20.55% 59
JBHT J B Hunt Transport 0.39% 268.52 +0.64% -1.02% -4.99% +38.70% 18
VLTO Veralto Corporation 0.38% 98.34 +0.33% +4.43% +6.78% -1.29% 64
SNA Snap-On Inc 0.37% 416.35 +0.40% +1.45% +4.08% +22.42% 53
EFX Equifax Inc 0.36% 182.56 +3.85% +5.76% +9.54% -15.35% 74
FDXF Fedex Freight Holding Company Inc 0.34% 144.76 -1.13% +3.01% -6.15% 11
FTV Fortive Corp 0.34% 61.71 +1.38% +4.22% +0.92% +11.90% 36
BR Broadridge Financial Solutions 0.31% 166.50 +1.06% +8.15% +13.02% -24.98% 85
LII Lennox International 0.30% 439.77 +0.93% +5.74% -18.18% -9.17% 1
IEX Idex Corp 0.30% 234.46 +0.32% +1.74% +6.70% +32.72% 63
TXT Textron Inc 0.29% 89.43 +1.75% +4.89% -1.11% +2.62% 28
LDOS Leidos Holdings Inc 0.28% 137.57 +1.71% +19.01% +29.03% -23.55% 99
GNRC Generac Holdings Inc 0.28% 212.22 +0.49% +7.67% -10.02% +55.62% 6
NDSN Nordson Corp 0.28% 310.11 +0.37% +4.14% +8.29% +29.38% 69
MAS Masco Corp 0.27% 77.51 +2.70% +8.44% +1.14% +23.25% 38
J Jacobs Engineering Group 0.27% 145.07 +0.72% +7.52% +15.28% +10.15% 94
ROL Rollins Inc 0.25% 37.74 +2.47% -0.61% -15.70% -36.72% 4
SWK Stanley Black & Decker 0.24% 103.89 +2.82% +9.84% +19.66% +41.41% 96
PNR Pentair Ltd 0.22% 68.89 -1.44% +5.27% -7.62% -33.48% 9
HII Huntington Ingalls Industries 0.21% 324.48 +0.85% -0.60% +13.37% -3.87% 88
ALLE Allegion Plc 0.21% 168.94 +0.14% +7.33% +25.08% +6.51% 98
BLDR Builders Firstsource 0.16% 74.69 +3.01% +12.42% +0.20% -27.41% 31
AOS Smith A.O. Corp 0.12% 63.98 +1.57% +6.40% +8.40% -3.32% 71

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.