XLP · WMTMT

Aug 25, 2025Nov 21, 2025Feb 25, 2026May 27, 2026Aug 26, 2026

Breadth

20 / 34

stocks rose with the index

Concentration

77%

of the gain from TGT, KO, CASY

Biggest driver

TGT +1.75

TARGET CORP, +74.26%

Biggest drag

MNST −1.11

MONSTER BEVERAGE CORP, −23.26%

What drove it

34 members · drivers first · 1Y · residual 26.7bp within 60bp gate

The XLP rose 6.44% (+5.22 pts) over the past year, and 77% of that gain came from just three stocks: TGT, KO, CASY.

Read the latest market-close note: A Flat Headline on the S&P 500 Masks a Split Between Goldman Sachs and Apple

+7.2 pts from 15 gainers−4.6 pts from 19 losers

net +5.2 pts · gainers outweigh losers 1.6 to 1

Stock

Points

Return

XLPsum of all 34 stocks

+5.2

+6.44%

TGTTARGET CORP

+1.8

+74.26%

KOCOCA COLA CO/THE

+1.7

+34.43%

CASYCASEY S GENERAL STORES INC

+0.6

+62.97%

CLCOLGATE PALMOLIVE CO

+0.5

+11.62%

PMPHILIP MORRIS INTERNATIONAL

+0.5

+20.26%

WMTWALMART INC

+0.5

+9.26%

COSTCOSTCO WHOLESALE CORP

+0.4

+1.98%

MOALTRIA GROUP INC

+0.4

+10.12%

HSYHERSHEY CO/THE

+0.2

+4.86%

DLTRDOLLAR TREE INC

+0.2

+18.23%

SJMJM SMUCKER CO/THE

+0.1

+20.94%

BGBUNGE GLOBAL SA

+0.1

+30.95%

DGDOLLAR GENERAL CORP

+0.1

+10.86%

KDPKEURIG DR PEPPER INC

+0.1

+7.01%

CHDCHURCH + DWIGHT CO INC

+0.0

+11.97%

PEPPEPSICO INC

−0.0

−0.27%

TSNTYSON FOODS INC CL A

−0.0

+1.80%

ELESTEE LAUDER COMPANIES CL A

−0.0

+20.21%

TAPMOLSON COORS BEVERAGE CO B

−0.0

−14.93%

ADMARCHER DANIELS MIDLAND CO

−0.0

+27.61%

BF-BBROWN FORMAN CORP CLASS B

−0.1

−6.49%

CLXCLOROX COMPANY

−0.1

−9.65%

HRLHORMEL FOODS CORP

−0.1

−14.65%

MDLZMONDELEZ INTERNATIONAL INC A

−0.1

+5.26%

GISGENERAL MILLS INC

−0.2

−15.17%

MKCMCCORMICK + CO NON VTG SHRS

−0.2

−20.11%

KHCKRAFT HEINZ CO/THE

−0.2

−4.61%

SYYSYSCO CORP

−0.3

+7.93%

KRKROGER CO

−0.3

−15.26%

STZCONSTELLATION BRANDS INC A

−0.3

−16.10%

KMBKIMBERLY CLARK CORP

−0.4

−11.56%

KVUEKENVUE INC

−0.4

−6.02%

PGPROCTER + GAMBLE CO/THE

−0.6

−5.13%

MNSTMONSTER BEVERAGE CORP

−1.1

−23.26%

Cap weighting, illustrated

PHILIP MORRIS INTERNATIONAL and ESTEE LAUDER COMPANIES CL A moved almost identically (+20.26% vs +20.21%), yet PM moved the XLP 18.0× 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 +5.22 pt move · cell size = points contributed · color = direction, intensity = return

TGT+1.8 pts(+74.3%)

KO+1.7 pts(+34.4%)

MNST−1.1 pts(−23.3%)

CASY+0.6 pts(+63.0%)

PG−0.6 pts(−5.1%)

CL+0.5 pts(+11.6%)

PM+0.5 pts(+20.3%)

WMT+0.5 pts(+9.3%)

KVUE−0.4 pts

COST+0.4 pts(+2.0%)

KMB−0.4 pts(−11.6%)

MO+0.4 pts(+10.1%)

STZ−0.3 pts(−16.1%)

KR−0.3 pts(−15.3%)

SYY−0.3 pts

HSY+0.2 pts

KHC−0.2 pts

MKC−0.2 pts

GIS−0.2 pts

DLTR

SJM

MDLZ

HRL

CLX

Concentration curve

cumulative share of the +5.22 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−25%0%+25%+50%

From −23.26% (MNST) to +74.26% (TGT). Equal-weight, the XLP would be +8.78% vs the actual +6.44%; the gap is what cap weighting did.

By sector

point contribution · sums to +5.22 pts

-34

+2.6

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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