EATON CORP PLC and HUBBELL INC moved almost identically (+15.03% vs +13.96%), yet ETN moved the XLI 36.2× 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 +13.66 pt move · cell size = points contributed · color = direction, intensity = return
CAT+3.8 pts(+60.6%)
GEV+2.6 pts(+61.0%)
FDX+1.7 pts
UBER−1.6 pts(−28.0%)
DE+1.5 pts(+36.0%)
BA−1.2 pts(−15.5%)
JCI+1.0 pts(+46.5%)
PWR+0.8 pts(+59.3%)
UNP+0.8 pts
NOC
CSX+0.7 pts(+32.8%)
PH+0.7 pts(+28.6%)
AXON−0.7 pts
GE−0.7 pts
HONA−0.6 pts
FIX
EMR+0.6 pts(+23.2%)
GWW+0.6 pts(+34.2%)
ETN+0.6 pts
UPS+0.5 pts
VRT
LHX
TDG−0.5 pts
WAB+0.4 pts
CPRT
CMI
BE+0.4 pts
AME+0.4 pts
XYL
ODFL
EXPD
DAL
TT
EFX
LDOS
PNR
URI
ROK
PCAR
FAST
JBHT
VRSK
BR
IEX
LII
GD
NDSN
Concentration curve
cumulative share of the +13.66 pt move · sorted by contribution
When they drove it
cumulative points through the period
Breadth
member returns, this period
−75%−25%+25%+75%
From −52.70% (PNR) to +103.49% (FIX). Equal-weight, the XLI would be +9.87% vs the actual +8.78%; the gap is what cap weighting did.
By sector
point contribution · sums to +13.66 pts
-83
+13.4
The year, session by session
every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUGSEPOCT
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Industrials · Select Sector
What moved the market
1Y · OCT 9, 2026
+8.78%
+13.7 pts · closed 169.25
51 of 83 rose · 32 fell
CAT+60.6%
+3.8
GEV+61.0%
+2.6
FDX+89.1%
+1.7
DE+36.0%
+1.5
JCI+46.5%
+1.0
GE+2.1%
−0.7
AXON−41.9%
−0.7
NOC−23.7%
−0.8
BA−15.5%
−1.2
UBER−28.0%
−1.6
3 stocks drove 59% of the gain: CAT, GEV, FDXWMTMT.COM
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