XLI · WMTMT

Oct 1, 2021Jan 4, 2023Apr 9, 2024Jul 9, 2025Oct 9, 2026

Breadth

68 / 83

stocks rose with the index

Concentration

35%

of the gain from CAT, GE, GEV

Biggest driver

CAT +9.23

CATERPILLAR INC, +348.08%

Biggest drag

BA −3.32

BOEING CO/THE, −15.77%

What drove it

83 members · drivers first · 5Y · residual 1736.6bp exceeds 60bp gate

The XLI rose 70.65% (+70.07 pts) over five years in a broad advance: 68 of 83 stocks rose, with CAT out front at +9.23 points.

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

+81.9 pts from 65 gainers−10.0 pts from 18 losers

net +70.1 pts · gainers outweigh losers 8.2 to 1

Stock

Points

Return

XLIsum of all 83 stocks

+70.1

+70.65%

CATCATERPILLAR INC

+9.2

+348.08%

GEGENERAL ELECTRIC

+8.4

+377.97%

GEVGE VERNOVA INC

+6.8

+668.56%

ETNEATON CORP PLC

+4.7

+207.38%

RTXRTX CORP

+3.9

+135.86%

PHPARKER HANNIFIN CORP

+3.0

+250.73%

VRTVERTIV HOLDINGS CO A

+2.8

+893.78%

PWRQUANTA SERVICES INC

+2.7

+509.61%

TTTRANE TECHNOLOGIES PLC

+2.3

+189.69%

DEDEERE + CO

+2.3

+93.19%

HWMHOWMET AEROSPACE INC

+2.2

+604.22%

URIUNITED RENTALS INC

+2.1

+205.99%

FIXCOMFORT SYSTEMS USA INC

+1.8

+2,263.79%

CMICUMMINS INC

+1.7

+156.50%

JCIJOHNSON CONTROLS INTERNATION

+1.7

+151.20%

53 othersclick to expand the full index

+26.2

TXTTEXTRON INC

−0.1

+5.28%

UNPUNION PACIFIC CORP

−0.1

+53.57%

CPRTCOPART INC

−0.1

−21.90%

FDXFFEDEX FREIGHT HOLDING CO

−0.1

−23.52%

FERGFERGUSON ENTERPRISES INC

−0.2

−7.77%

XYLXYLEM INC

−0.2

−10.25%

OTISOTIS WORLDWIDE CORP

−0.2

−13.61%

SWKSTANLEY BLACK + DECKER INC

−0.4

−39.66%

GNRCGENERAC HOLDINGS INC

−0.4

−44.42%

HONHONEYWELL INTERNATIONAL INC

−0.5

+7.64%

EFXEQUIFAX INC

−0.5

−41.00%

LUVSOUTHWEST AIRLINES CO

−0.6

−16.93%

HONAHONEYWELL AEROSPACE INC

−0.6

−28.27%

UPSUNITED PARCEL SERVICE CL B

−2.3

−35.36%

BABOEING CO/THE

−3.3

−15.77%

Cap weighting, illustrated

AUTOMATIC DATA PROCESSING and HUNTINGTON INGALLS INDUSTRIE moved almost identically (+48.95% vs +51.18%), yet ADP moved the XLI 26.8× 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 +70.07 pt move · cell size = points contributed · color = direction, intensity = return

CAT+9.2 pts(+348.1%)

GE+8.4 pts(+378.0%)

GEV+6.8 pts(+668.6%)

ETN+4.7 pts(+207.4%)

RTX+3.9 pts(+135.9%)

BA−3.3 pts(−15.8%)

PH+3.0 pts(+250.7%)

VRT+2.8 pts

PWR+2.7 pts

UPS−2.3 pts(−35.4%)

HWM+2.2 pts(+604.2%)

URI+2.1 pts(+206.0%)

FIX+1.8 pts(+2,263.8%)

CMI+1.7 pts(+156.5%)

JCI+1.7 pts

LMT+1.6 pts

ADP

FDX+1.5 pts

EMR+1.4 pts

GWW+1.4 pts

TDG+1.3 pts

PCAR

FAST

CTAS

EME

UBER

GD+0.9 pts

WM+0.8 pts

CSX

HONA

LUV

EFX

HON

Concentration curve

cumulative share of the +70.07 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−100%+100%+300%+500%+700%+900%+1,100%+1,300%+1,500%+1,700%+1,900%+2,100%

From −44.42% (GNRC) to +2,263.79% (FIX). Equal-weight, the XLI would be +106.12% vs the actual +70.65%; the gap is what cap weighting did.

By sector

point contribution · sums to +70.07 pts

-83

+72.0

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUGSEPOCT

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What drove it

Attribution map

Concentration curve

When they drove it

Breadth

By sector

The year, session by session

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