XLF · WMTMT

Sep 30Oct 2Oct 6Oct 7Oct 9

Breadth

57 / 76

stocks rose with the index

Concentration

57%

of the gain from V, BRK-B, MA

Biggest driver

V +0.31

VISA INC CLASS A SHARES, +7.27%

Biggest drag

HOOD −0.02

ROBINHOOD MARKETS INC A, −3.09%

What drove it

76 members · drivers first · QTD · residual 4.2bp within 60bp gate

The XLF rose 2.49% (+1.33 pts) so far this quarter in a broad advance: 57 of 76 stocks rose, with V out front at +0.31 points.

Read the latest market-close note: Goldman and Microsoft Push the Dow to a Large Gain While Telecoms Sink Communication Services

+1.4 pts from 57 gainers−0.1 pts from 19 losers

net +1.3 pts · gainers outweigh losers 13.6 to 1

Stock

Points

Return

XLFsum of all 76 stocks

+1.3

+2.49%

VVISA INC CLASS A SHARES

+0.3

+7.27%

BRK-BBERKSHIRE HATHAWAY INC CL B

+0.2

+3.51%

MAMASTERCARD INC A

+0.2

+6.85%

WFCWELLS FARGO + CO

+0.1

+4.39%

JPMJPMORGAN CHASE + CO

+0.1

+1.15%

CMECME GROUP INC

+0.0

+7.09%

PGRPROGRESSIVE CORP

+0.0

+4.93%

CBCHUBB LTD

+0.0

+4.92%

SPGIS+P GLOBAL INC

+0.0

+3.38%

COFCAPITAL ONE FINANCIAL CORP

+0.0

+3.23%

BLKBLACKROCK INC

+0.0

+2.23%

CBOECBOE GLOBAL MARKETS INC

+0.0

+10.80%

MRSHMARSH + MCLENNAN COS

+0.0

+3.51%

AXPAMERICAN EXPRESS CO

+0.0

+1.34%

PYPLPAYPAL HOLDINGS INC

+0.0

+5.71%

46 othersclick to expand the full index

+0.3

KEYKEYCORP

−0.0

−0.52%

PRUPRUDENTIAL FINANCIAL INC

−0.0

−0.44%

NTRSNORTHERN TRUST CORP

−0.0

−0.68%

KKRKKR + CO INC

−0.0

−0.36%

TFCTRUIST FINANCIAL CORP

−0.0

−0.38%

IVZINVESCO LTD

−0.0

−2.16%

AONAON PLC CLASS A

−0.0

−1.20%

PFGPRINCIPAL FINANCIAL GROUP

−0.0

−4.22%

USBUS BANCORP

−0.0

−1.20%

PNCPNC FINANCIAL SERVICES GROUP

−0.0

−1.38%

GSGOLDMAN SACHS GROUP INC

−0.0

−0.56%

BNYBANK OF NEW YORK MELLON CORP

−0.0

−1.31%

COINCOINBASE GLOBAL INC CLASS A

−0.0

−3.77%

SCHWSCHWAB (CHARLES) CORP

−0.0

−1.05%

HOODROBINHOOD MARKETS INC A

−0.0

−3.09%

Cap weighting, illustrated

VISA INC CLASS A SHARES and WR BERKLEY CORP moved almost identically (+7.27% vs +6.50%), yet V moved the XLF 31.3× 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 +1.33 pt move · cell size = points contributed · color = direction, intensity = return

V+0.3 pts(+7.3%)

BRK-B+0.2 pts(+3.5%)

MA+0.2 pts(+6.8%)

WFC+0.1 pts(+4.4%)

JPM+0.1 pts(+1.2%)

CME+0.0 pts(+7.1%)

PGR+0.0 pts

CB+0.0 pts

SPGI+0.0 pts

COF+0.0 pts

BLK

CBOE+0.0 pts

MRSH+0.0 pts

AXP

PYPL

HOOD

ICE

SCHW

TRV

MET

XYZ

MCO

COIN

APO

HIG

AIG

PFG

IBKR

WRB

Concentration curve

cumulative share of the +1.33 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−6%−2%+2%+6%+10%

From −4.22% (PFG) to +10.80% (CBOE). Equal-weight, the XLF would be +1.99% vs the actual +2.49%; the gap is what cap weighting did.

By sector

point contribution · sums to +1.33 pts

-76

+1.3

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUGSEPOCT

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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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