XLK · WMTMT

Aug 22, 2025Nov 20, 2025Feb 24, 2026May 26, 2026Aug 25, 2026

Breadth

26 / 73

stocks fell with the index

Concentration

of the decline from ORCL, INTU, SNPS

Biggest driver

ORCL −3.29

ORACLE CORP, −37.94%

Biggest offset

AAPL +9.21

APPLE INC, +36.45%

What drove it

73 members · detractors first · 1Y · residual 5598.1bp exceeds 60bp gate

The XLK fell 30.73% (−80.64 pts) over the past year, but 47 of 73 members went the other way. ORCL and INTU dragged the tape lower, accounting for 6% of the decline.

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

+73.6 pts from 45 gainers−8.6 pts from 28 losers

net −80.6 pts · gainers outweigh losers 8.6 to 1

Stock

Points

Return

XLKsum of all 73 stocks

−80.6

−30.73%

ORCLORACLE CORP

−3.3

−37.94%

INTUINTUIT INC

−1.1

−45.68%

SNPSSYNOPSYS INC

−0.8

−32.60%

ACNACCENTURE PLC CL A

−0.4

−26.32%

ADBEADOBE INC

−0.4

−24.35%

NOWSERVICENOW INC

−0.3

−28.40%

ROPROPER TECHNOLOGIES INC

−0.3

−22.52%

CDNSCADENCE DESIGN SYS INC

−0.2

−5.07%

TYLTYLER TECHNOLOGIES INC

−0.2

−37.62%

MSIMOTOROLA SOLUTIONS INC

−0.2

+6.29%

PTCPTC INC

−0.2

−29.72%

SMCISUPER MICRO COMPUTER INC

−0.2

−12.35%

NXPINXP SEMICONDUCTORS NV

−0.1

−2.60%

GDDYGODADDY INC CLASS A

−0.1

−32.15%

CDWCDW CORP/DE

−0.1

−13.29%

43 othersclick to expand the full index

+13.8

PLTRPALANTIR TECHNOLOGIES INC A

+1.8

+8.81%

MRVLMARVELL TECHNOLOGY INC

+1.9

+229.91%

KLACKLA CORP

+2.0

+111.57%

WDCWESTERN DIGITAL CORP

+2.0

+487.18%

STXSEAGATE TECHNOLOGY HOLDINGS

+2.2

+420.33%

CSCOCISCO SYSTEMS INC

+2.4

+67.83%

SNDKSANDISK CORP

+2.9

+3,093.38%

AVGOBROADCOM INC

+2.9

+22.23%

INTCINTEL CORP

+3.7

+252.74%

LRCXLAM RESEARCH CORP

+4.0

+216.15%

AMATAPPLIED MATERIALS INC

+4.4

+196.78%

AMDADVANCED MICRO DEVICES

+5.4

+185.63%

NVDANVIDIA CORP

+7.1

+19.85%

MUMICRON TECHNOLOGY INC

+7.4

+693.97%

AAPLAPPLE INC

+9.2

+36.45%

Cap weighting, illustrated

NVIDIA CORP and F5 INC moved almost identically (+19.85% vs +20.65%), yet NVDA moved the XLK 342.4× 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 −80.64 pt move · cell size = points contributed · color = direction, intensity = return

AAPL+9.2 pts(+36.5%)

MU+7.4 pts(+694.0%)

NVDA+7.1 pts(+19.9%)

AMD+5.4 pts(+185.6%)

AMAT+4.4 pts(+196.8%)

LRCX+4.0 pts(+216.1%)

INTC+3.7 pts(+252.7%)

ORCL−3.3 pts(−37.9%)

AVGO+2.9 pts(+22.2%)

SNDK+2.9 pts(+3,093.4%)

CSCO+2.4 pts(+67.8%)

STX+2.2 pts(+420.3%)

WDC+2.0 pts

KLAC+2.0 pts

MRVL+1.9 pts(+229.9%)

PLTR+1.8 pts(+8.8%)

PANW+1.5 pts

CRWD+1.5 pts

MSFT+1.2 pts

INTU

DELL

APH

SNPS

ADI

LITE

GLW

TER

FTNT

COHR

IBM

CIEN

ACN

Concentration curve

cumulative share of the −80.64 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%+2,300%+2,500%+2,700%+2,900%

From −45.68% (INTU) to +3,093.38% (SNDK). Equal-weight, the XLK would be +66.17% vs the actual −30.73%; the gap is what cap weighting did.

By sector

point contribution · sums to −80.64 pts

-73

+65.0

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUG

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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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