WMTMT
WHAT MOVED THE MARKET TODAY

SPDR S&P Biotech ETF

147 stocks · cap-weighted, ETF-derived weights · Aug 26, 2026 · session in progress
167.81
−1.30 (−0.77%)
LIVE · UNOFFICIAL UNTIL CLOSE
updated 12:30 ET · top movers every minute · full breadth every 15
XBI 167.81 · −1.3 pts (−0.77%) 1D
168.57167.84167.12166.39prev close 169.12EW −0.72%H 169.12 · openL 166.58 · 09:40
open10:1011:0011:4512:30
5-minute bars · index reconstructed live from member prices
Breadth
104 / 147
stocks fell with the index
Concentration
56%
of the decline from MRNA, SYRE, RLAY
Biggest driver
MRNA −0.34
MODERNA INC, −7.27%
Biggest offset
ERAS +0.17
ERASCA INC, +8.42%
Context
26th pctile
of the past year's sessions by daily move, so far

What drove it

147 members · detractors first · 1D · reconstructed from each member's latest trade price; official close pending

The XBI is down 0.77% (−1.30 pts) so far today, and 56% of that decline came from just three stocks: MRNA, SYRE, RLAY.

Read the latest market-close note: Nvidia and Goldman Sachs Lead a Narrow Advance as Energy and Staples Slide

+1.0 pts from 43 gainers2.3 pts from 103 losers
net −1.3 pts · losers outweigh gainers 2.3 to 1
Stock
Points
Return
XBIsum of all 147 stocks
−1.3
100%
−0.77%
MRNAMODERNA INC
−0.3
26%
−7.27%
SYRESPYRE THERAPEUTICS INC
−0.3
22%
−13.29%
RLAYRELAY THERAPEUTICS INC
−0.1
8%
−5.40%
GRALGRAIL INC
−0.1
5%
−3.96%
ACADACADIA PHARMACEUTICALS INC
−0.1
5%
−3.43%
SLSSELLAS LIFE SCIENCES GROUP I
−0.1
5%
−3.26%
CRSPCRISPR THERAPEUTICS AG
−0.1
4%
−3.24%
IOVAIOVANCE BIOTHERAPEUTICS INC
−0.1
4%
−3.14%
BEAMBEAM THERAPEUTICS INC
−0.0
4%
−3.22%
PURRHYPERLIQUID STRATEGIES
−0.0
3%
−4.00%
ABSIABSCI CORP
−0.0
3%
−5.86%
NTLAINTELLIA THERAPEUTICS INC
−0.0
3%
−3.40%
KYMRKYMERA THERAPEUTICS INC
−0.0
3%
−1.46%
CLDXCELLDEX THERAPEUTICS INC
−0.0
3%
−2.60%
TVTXTRAVERE THERAPEUTICS INC
−0.0
2%
−1.33%
117 othersclick to expand the full index
−0.8
64%
·
INBXINHIBRX BIOSCIENCES INC
+0.0
−1%
+2.36%
AVTXAVALO THERAPEUTICS INC
+0.0
−1%
+2.63%
IBRXIMMUNITYBIO INC
+0.0
−1%
+1.10%
CAPRCAPRICOR THERAPEUTICS INC
+0.0
−2%
+9.69%
PVLAPALVELLA THERAPEUTICS INC
+0.0
−2%
+2.61%
PGENPRECIGEN INC
+0.0
−2%
+3.30%
CELCCELCUITY INC
+0.0
−3%
+2.27%
VERAVERA THERAPEUTICS INC
+0.0
−3%
+3.03%
MDGLMADRIGAL PHARMACEUTICALS INC
+0.0
−3%
+2.62%
PRAXPRAXIS PRECISION MEDICINES I
+0.1
−4%
+2.31%
TNGXTANGO THERAPEUTICS INC
+0.1
−6%
+7.39%
SRRKSCHOLAR ROCK HOLDING CORP
+0.1
−6%
+4.11%
SMMTSUMMIT THERAPEUTICS INC
+0.1
−8%
+7.07%
BHVNBIOHAVEN LTD
+0.1
−8%
+13.29%
ERASERASCA INC
+0.2
−13%
+8.42%
Cap weighting, illustrated

RELAY THERAPEUTICS INC and MAPLIGHT THERAPEUTICS INC moved almost identically (−5.40% vs −4.63%), yet RLAY moved the XBI 10.4× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.

Attribution map

slicing the −1.30 pt move · cell size = points contributed · color = direction, intensity = return
MRNA−0.3 pts(−7.3%)
SYRE−0.3 pts(−13.3%)
ERAS+0.2 pts(+8.4%)
BHVN+0.1 pts
RLAY−0.1 pts
SMMT+0.1 pts(+7.1%)
SRRK+0.1 pts(+4.1%)
TNGX+0.1 pts(+7.4%)
GRAL−0.1 pts
ACAD−0.1 pts
SLS
CRSP−0.1 pts(−3.2%)
IOVA−0.1 pts(−3.1%)
PRAX+0.1 pts
BEAM−0.0 pts
MDGL+0.0 pts
VERA
PURR−0.0 pts
ABSI
NTLA
CELC+0.0 pts
KYMR−0.0 pts
TVTX−0.0 pts
IDYA−0.0 pts
REGN
ABBV
SRPT
CDNA−0.0 pts
NVAX−0.0 pts
PVLA
RXRX
RYTM
DYN
CAPR
TSHA
MLYS
IMMX
QURE
INBX
PRME
VKTX
KOD
INCY
RARE
ANNX
INSM
ORKA

Concentration curve

cumulative share of the −1.30 pt move · sorted by contribution
0%50%100%3774110147stocks:3 stocks = 56%100% covered at 15

When they drove it

cumulative points through the period
0MRNA −0.34SYRE −0.29RLAY −0.10ERAS +0.17BHVN +0.11SMMT +0.10Aug 25Aug 26

Breadth

member returns, this period
−15%−10%−5%0%+5%+10%
From −13.29% (SYRE) to +13.29% (BHVN). Equal-weight, the XBI would be −0.72% vs the actual −0.77%; the gap is what cap weighting did.

By sector

point contribution · sums to −1.30 pts
-147
−1.3

The year, session by session

every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUG

Share this move

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