XLF · WMTMT

Aug 19Aug 20Aug 21Aug 24Aug 25

30-minute bars · index reconstructed live from member prices

Breadth

44 / 76

stocks rose with the index

Concentration

100%+

of the gain from V, MA, HOOD

Biggest driver

V +0.23

VISA INC CLASS A SHARES, +5.42%

Biggest drag

JPM −0.12

JPMORGAN CHASE + CO, −1.80%

What drove it

76 members · drivers first · 1W · residual 0.1bp within 60bp gate

The XLF rose 0.80% (+0.46 pts) on the week, and more than all of that gain came from just three stocks: V, MA, HOOD.

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

+1.0 pts from 44 gainers−0.5 pts from 32 losers

net +0.5 pts · gainers outweigh losers 1.8 to 1

Stock

Points

Return

XLFsum of all 76 stocks

+0.5

+0.80%

VVISA INC CLASS A SHARES

+0.2

+5.42%

MAMASTERCARD INC A

+0.1

+4.34%

HOODROBINHOOD MARKETS INC A

+0.1

+22.46%

PGRPROGRESSIVE CORP

+0.1

+7.17%

COINCOINBASE GLOBAL INC CLASS A

+0.1

+27.99%

AJGARTHUR J GALLAGHER + CO

+0.0

+8.12%

SPGIS+P GLOBAL INC

+0.0

+3.58%

GSGOLDMAN SACHS GROUP INC

+0.0

+1.78%

MCOMOODY S CORP

+0.0

+5.60%

MRSHMARSH + MCLENNAN COS

+0.0

+3.77%

BLKBLACKROCK INC

+0.0

+1.93%

ICEINTERCONTINENTAL EXCHANGE IN

+0.0

+3.59%

BRK-BBERKSHIRE HATHAWAY INC CL B

+0.0

+0.24%

IBKRINTERACTIVE BROKERS GRO CL A

+0.0

+8.43%

AONAON PLC CLASS A

+0.0

+3.39%

46 othersclick to expand the full index

+0.1

PRUPRUDENTIAL FINANCIAL INC

−0.0

−3.51%

MSMORGAN STANLEY

−0.0

−0.37%

HBANHUNTINGTON BANCSHARES INC

−0.0

−4.02%

CFGCITIZENS FINANCIAL GROUP

−0.0

−4.94%

MTBM + T BANK CORP

−0.0

−4.42%

AFLAFLAC INC

−0.0

−4.05%

FITBFIFTH THIRD BANCORP

−0.0

−4.18%

TFCTRUIST FINANCIAL CORP

−0.0

−4.01%

COFCAPITAL ONE FINANCIAL CORP

−0.0

−2.32%

USBUS BANCORP

−0.0

−3.68%

PNCPNC FINANCIAL SERVICES GROUP

−0.0

−4.02%

WFCWELLS FARGO + CO

−0.1

−2.99%

CCITIGROUP INC

−0.1

−3.20%

BACBANK OF AMERICA CORP

−0.1

−2.82%

JPMJPMORGAN CHASE + CO

−0.1

−1.80%

Cap weighting, illustrated

VISA INC CLASS A SHARES and BROWN + BROWN INC moved almost identically (+5.42% vs +5.74%), yet V moved the XLF 23.0× 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 +0.46 pt move · cell size = points contributed · color = direction, intensity = return

V+0.2 pts(+5.4%)

MA+0.1 pts(+4.3%)

JPM−0.1 pts(−1.8%)

HOOD+0.1 pts(+22.5%)

BAC−0.1 pts(−2.8%)

PGR+0.1 pts(+7.2%)

COIN+0.1 pts

C−0.1 pts(−3.2%)

WFC−0.1 pts(−3.0%)

AJG+0.0 pts(+8.1%)

SPGI+0.0 pts(+3.6%)

GS+0.0 pts(+1.8%)

PNC−0.0 pts

MCO+0.0 pts

USB

MRSH+0.0 pts

BLK+0.0 pts

COF−0.0 pts

ICE+0.0 pts

BRK-B

IBKR

AON

TFC

CME+0.0 pts

WTW+0.0 pts

MTB

PYPL

CFG

HBAN

PRU

JKHY

AXP

SCHW

Concentration curve

cumulative share of the +0.46 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−5%+5%+15%+25%

From −4.94% (CFG) to +27.99% (COIN). Equal-weight, the XLF would be +1.32% vs the actual +0.80%; the gap is what cap weighting did.

By sector

point contribution · sums to +0.46 pts

-76

+0.5

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUG

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Financials · Select Sector

What drove it

Attribution map

Concentration curve

When they drove it

Breadth

By sector

The year, session by session

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