XLP · WMTMT

May 26Jun 17Jul 13Aug 3Aug 25

Breadth

24 / 34

stocks rose with the index

Concentration

74%

of the gain from TGT, KO, DLTR

Biggest driver

TGT +0.94

TARGET CORP, +30.31%

Biggest drag

MNST −2.58

MONSTER BEVERAGE CORP, −44.26%

What drove it

34 members · drivers first · 3M · residual 342.2bp exceeds 60bp gate

The XLP rose 3.44% (+2.88 pts) over the past three months, and 74% of that gain came from just three stocks: TGT, KO, DLTR.

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

+4.2 pts from 21 gainers−5.0 pts from 13 losers

net +2.9 pts · losers outweigh gainers 1.2 to 1

Stock

Points

Return

XLPsum of all 34 stocks

+2.9

+3.44%

TGTTARGET CORP

+0.9

+30.31%

KOCOCA COLA CO/THE

+0.8

+14.65%

DLTRDOLLAR TREE INC

+0.4

+43.52%

PMPHILIP MORRIS INTERNATIONAL

+0.3

+7.71%

ELESTEE LAUDER COMPANIES CL A

+0.2

+21.56%

KDPKEURIG DR PEPPER INC

+0.2

+8.49%

DGDOLLAR GENERAL CORP

+0.2

+18.34%

GISGENERAL MILLS INC

+0.2

+19.96%

SYYSYSCO CORP

+0.2

+11.52%

KMBKIMBERLY CLARK CORP

+0.2

+13.86%

KVUEKENVUE INC

+0.1

+10.72%

MDLZMONDELEZ INTERNATIONAL INC A

+0.1

+3.75%

SJMJM SMUCKER CO/THE

+0.1

+22.73%

ADMARCHER DANIELS MIDLAND CO

+0.1

+1.47%

MKCMCCORMICK + CO NON VTG SHRS

+0.1

+16.38%

CHDCHURCH + DWIGHT CO INC

+0.0

+6.07%

HRLHORMEL FOODS CORP

+0.0

+13.79%

BF-BBROWN FORMAN CORP CLASS B

+0.0

+12.00%

KHCKRAFT HEINZ CO/THE

+0.0

+8.04%

TAPMOLSON COORS BEVERAGE CO B

+0.0

+3.13%

CLXCLOROX COMPANY

+0.0

+9.08%

CLCOLGATE PALMOLIVE CO

−0.0

+1.65%

PGPROCTER + GAMBLE CO/THE

−0.0

+1.72%

CASYCASEY S GENERAL STORES INC

−0.0

+1.92%

HSYHERSHEY CO/THE

−0.0

−2.10%

BGBUNGE GLOBAL SA

−0.1

−6.98%

TSNTYSON FOODS INC CL A

−0.1

−11.47%

PEPPEPSICO INC

−0.1

−1.32%

STZCONSTELLATION BRANDS INC A

−0.1

−8.54%

MOALTRIA GROUP INC

−0.1

−4.51%

KRKROGER CO

−0.2

−9.39%

COSTCOSTCO WHOLESALE CORP

−0.4

−4.28%

WMTWALMART INC

−1.1

−11.12%

MNSTMONSTER BEVERAGE CORP

−2.6

−44.26%

Cap weighting, illustrated

COCA COLA CO/THE and HORMEL FOODS CORP moved almost identically (+14.65% vs +13.79%), yet KO moved the XLP 24.9× 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 +2.88 pt move · cell size = points contributed · color = direction, intensity = return

MNST−2.6 pts(−44.3%)

WMT−1.1 pts(−11.1%)

TGT+0.9 pts(+30.3%)

KO+0.8 pts(+14.7%)

DLTR+0.4 pts(+43.5%)

COST−0.4 pts(−4.3%)

PM+0.3 pts(+7.7%)

KR−0.2 pts(−9.4%)

KDP+0.2 pts(+8.5%)

DG+0.2 pts

GIS+0.2 pts

SYY+0.2 pts

KMB+0.2 pts

KVUE

MO−0.1 pts

STZ−0.1 pts

MDLZ

TSN−0.1 pts

SJM+0.1 pts

ADM

MKC

Concentration curve

cumulative share of the +2.88 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−50%−25%0%+25%

From −44.26% (MNST) to +43.52% (DLTR). Equal-weight, the XLP would be +6.14% vs the actual +3.44%; the gap is what cap weighting did.

By sector

point contribution · sums to +2.88 pts

-34

−0.8

The year, session by session

every trading day of 2026 · hover for the move

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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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