XLRE · WMTMT

open11:0512:4514:2016:00

5-minute bars · index reconstructed live from member prices

Breadth

24 / 29

stocks fell with the index

Concentration

40%

of the decline from AMT, PSA, VMRK

Biggest driver

AMT −0.04

AMERICAN TOWER CORP, −1.58%

Biggest offset

EQIX +0.02

EQUINIX INC, +0.57%

Context

21st pctile

of the past year's sessions by daily move

What drove it

29 members · detractors first · 1D · residual 2.0bp within 60bp gate

The XLRE fell 0.61% (−0.27 pts) on the day in a broad selloff: 24 of 29 stocks fell, with AMT out front at −0.04 points.

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

+0.1 pts from 5 gainers−0.3 pts from 24 losers

net −0.3 pts · losers outweigh gainers 3.3 to 1

Stock

Points

Return

XLREsum of all 29 stocks

−0.3

−0.61%

AMTAMERICAN TOWER CORP

−0.0

−1.58%

PSAPUBLIC STORAGE

−0.0

−1.64%

VMRKVIVMARK RESIDENTIAL

−0.0

−1.17%

PLDPROLOGIS INC

−0.0

−0.51%

CBRECBRE GROUP INC A

−0.0

−0.92%

SPGSIMON PROPERTY GROUP INC

−0.0

−0.86%

HSTHOST HOTELS + RESORTS INC

−0.0

−2.48%

CCICROWN CASTLE INC

−0.0

−0.97%

VICIVICI PROPERTIES INC

−0.0

−1.10%

BXPBXP INC

−0.0

−2.55%

CSGPCOSTAR GROUP INC

−0.0

−2.04%

WYWEYERHAEUSER CO

−0.0

−1.45%

ESSESSEX PROPERTY TRUST INC

−0.0

−1.34%

SBACSBA COMMUNICATIONS CORP

−0.0

−0.87%

INVHINVITATION HOMES INC

−0.0

−1.03%

EXREXTRA SPACE STORAGE INC

−0.0

−0.53%

VTRVENTAS INC

−0.0

−0.35%

UDRUDR INC

−0.0

−0.60%

DOCHEALTHPEAK PROPERTIES INC

−0.0

−0.44%

CPTCAMDEN PROPERTY TRUST

−0.0

−0.57%

REGREGENCY CENTERS CORP

−0.0

−0.44%

MAAMID AMERICA APARTMENT COMM

−0.0

−0.31%

KIMKIMCO REALTY CORP

−0.0

−0.12%

FRTFEDERAL REALTY INVS TRUST

−0.0

−0.12%

AREALEXANDRIA REAL ESTATE EQUIT

+0.0

+0.13%

IRMIRON MOUNTAIN INC

+0.0

+0.43%

WELLWELLTOWER INC

+0.0

+0.17%

DLRDIGITAL REALTY TRUST INC

+0.0

+0.56%

EQIXEQUINIX INC

+0.0

+0.57%

Cap weighting, illustrated

AMERICAN TOWER CORP and WEYERHAEUSER CO moved almost identically (−1.58% vs −1.45%), yet AMT moved the XLRE 3.4× 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 −0.27 pt move · cell size = points contributed · color = direction, intensity = return

AMT−0.0 pts(−1.6%)

PSA−0.0 pts(−1.6%)

VMRK−0.0 pts(−1.2%)

PLD−0.0 pts(−0.5%)

CBRE−0.0 pts(−0.9%)

SPG−0.0 pts(−0.9%)

EQIX+0.0 pts(+0.6%)

HST−0.0 pts(−2.5%)

CCI−0.0 pts

VICI−0.0 pts(−1.1%)

BXP−0.0 pts

CSGP−0.0 pts

DLR+0.0 pts

WY−0.0 pts

ESS−0.0 pts(−1.3%)

WELL+0.0 pts(+0.2%)

SBAC−0.0 pts(−0.9%)

INVH−0.0 pts(−1.0%)

EXR−0.0 pts(−0.5%)

VTR−0.0 pts

IRM+0.0 pts

UDR

DOC

CPT

MAA

Concentration curve

cumulative share of the −0.27 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−3.00%−2.00%−1.00%0%

From −2.55% (BXP) to +0.57% (EQIX). Equal-weight, the XLRE would be −0.76% vs the actual −0.61%; the gap is what cap weighting did.

By sector

point contribution · sums to −0.27 pts

-29

−0.3

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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