XLI · WMTMT

Sep 30Oct 2Oct 6Oct 7Oct 9

Breadth

60 / 83

stocks rose with the index

Concentration

44%

of the gain from GEV, PWR, UBER

Biggest driver

GEV +0.45

GE VERNOVA INC, +5.68%

Biggest drag

DE −0.47

DEERE + CO, −7.54%

What drove it

83 members · drivers first · QTD · residual 1.1bp within 60bp gate

The XLI rose 1.36% (+2.27 pts) so far this quarter on a mixed tape; GEV, PWR, UBER did most of the lifting, with 44% of the gain between them.

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

+3.5 pts from 62 gainers−1.2 pts from 21 losers

net +2.3 pts · gainers outweigh losers 2.9 to 1

Stock

Points

Return

XLIsum of all 83 stocks

+2.3

+1.36%

GEVGE VERNOVA INC

+0.4

+5.68%

PWRQUANTA SERVICES INC

+0.3

+9.90%

UBERUBER TECHNOLOGIES INC

+0.2

+4.37%

TTTRANE TECHNOLOGIES PLC

+0.2

+5.47%

ADPAUTOMATIC DATA PROCESSING

+0.2

+4.97%

JCIJOHNSON CONTROLS INTERNATION

+0.2

+5.91%

EMREMERSON ELECTRIC CO

+0.1

+4.33%

UNPUNION PACIFIC CORP

+0.1

+2.29%

URIUNITED RENTALS INC

+0.1

+5.58%

BABOEING CO/THE

+0.1

+2.32%

CTASCINTAS CORP

+0.1

+3.77%

WMWASTE MANAGEMENT INC

+0.1

+2.40%

GWWWW GRAINGER INC

+0.1

+3.53%

PAYXPAYCHEX INC

+0.1

+5.56%

ITWILLINOIS TOOL WORKS

+0.1

+2.64%

53 othersclick to expand the full index

+1.1

ROKROCKWELL AUTOMATION INC

−0.0

−0.63%

NOCNORTHROP GRUMMAN CORP

−0.0

−0.56%

TXTTEXTRON INC

−0.0

−2.68%

FERGFERGUSON ENTERPRISES INC

−0.0

−1.14%

HWMHOWMET AEROSPACE INC

−0.0

−0.42%

ETNEATON CORP PLC

−0.0

−0.02%

PCARPACCAR INC

−0.0

−1.61%

HONHONEYWELL INTERNATIONAL INC

−0.0

−1.52%

DALDELTA AIR LINES INC

−0.0

−1.57%

CHRWC.H. ROBINSON WORLDWIDE INC

−0.0

−3.82%

UALUNITED AIRLINES HOLDINGS INC

−0.1

−3.15%

MMM3M CO

−0.1

−2.55%

GEGENERAL ELECTRIC

−0.1

−1.15%

CATCATERPILLAR INC

−0.2

−1.27%

DEDEERE + CO

−0.5

−7.54%

Cap weighting, illustrated

GE VERNOVA INC and ROLLINS INC moved almost identically (+5.68% vs +6.18%), yet GEV moved the XLI 27.1× 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 +2.27 pt move · cell size = points contributed · color = direction, intensity = return

DE−0.5 pts(−7.5%)

GEV+0.4 pts(+5.7%)

PWR+0.3 pts(+9.9%)

UBER+0.2 pts(+4.4%)

TT+0.2 pts

ADP+0.2 pts(+5.0%)

CAT−0.2 pts(−1.3%)

JCI+0.2 pts(+5.9%)

GE−0.1 pts(−1.1%)

EMR+0.1 pts(+4.3%)

UNP+0.1 pts(+2.3%)

URI+0.1 pts

BA+0.1 pts

CTAS+0.1 pts(+3.8%)

WM+0.1 pts

GWW

MMM

PAYX+0.1 pts

ITW+0.1 pts

RSG+0.1 pts

FIX

UAL−0.1 pts

ODFL

TDG

FAST

CSX

FDX

VRSK

EME

EXPD

HUBB

EFX

GNRC

PCAR

ETN

OTIS

VLTO

RTX

CARR

FDXF

UPS

ROL

Concentration curve

cumulative share of the +2.27 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−8%−4%0%+4%+8%

From −7.54% (DE) to +9.90% (PWR). Equal-weight, the XLI would be +1.76% vs the actual +1.36%; the gap is what cap weighting did.

By sector

point contribution · sums to +2.27 pts

-83

+2.3

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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