25 members · detractors first · 1Y · residual 4773.6bp exceeds 60bp gate
The XLB fell 41.87% (−38.60 pts) over the past year, but 19 of 25 members went the other way. LIN and IP dragged the tape lower, accounting for 5% of the decline.
slicing the −38.60 pt move · cell size = points contributed · color = direction, intensity = return
NEM+2.7 pts(+93.0%)
FCX+1.6 pts(+86.1%)
STLD+1.4 pts(+76.2%)
NUE+1.2 pts(+69.6%)
LIN−1.0 pts(+2.5%)
ALB+0.8 pts(+65.9%)
IFF+0.8 pts(+31.3%)
IP−0.6 pts(−13.0%)
CRH−0.4 pts
MLM−0.4 pts
AMCR+0.4 pts(+15.2%)
CTVA+0.4 pts(+14.3%)
LYB−0.3 pts(+14.6%)
MOS−0.3 pts(−22.9%)
BALL+0.2 pts
SHW−0.2 pts
PKG+0.2 pts
APD−0.2 pts
VMC−0.2 pts
CF+0.2 pts
AVY
SW
Concentration curve
cumulative share of the −38.60 pt move · sorted by contribution
When they drove it
cumulative points through the period
Breadth
member returns, this period
−25%0%+25%+50%+75%
From −22.86% (MOS) to +93.01% (NEM). Equal-weight, the XLB would be +23.37% vs the actual −41.87%; the gap is what cap weighting did.
By sector
point contribution · sums to −38.60 pts
-25
+6.2
The year, session by session
every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUG
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Materials · Select Sector
What moved the market
1Y · AUG 25, 2026
−41.87%
−38.6 pts · closed 53.59
19 of 25 rose · 6 fell
NEM+93.0%
+2.7
FCX+86.1%
+1.6
STLD+76.2%
+1.4
NUE+69.6%
+1.2
ALB+65.9%
+0.8
LYB+14.6%
−0.3
MLM−12.1%
−0.4
CRH−14.2%
−0.4
IP−13.0%
−0.6
LIN+2.5%
−1.0
LIN sank a split tape · 19 of 25 went the other wayWMTMT.COM
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