XLV · WMTMT

Feb 24Apr 10May 26Jul 13Aug 25

Breadth

43 / 59

stocks rose with the index

Concentration

52%

of the gain from LLY, UNH, MRK

Biggest driver

LLY +3.92

ELI LILLY + CO, +18.58%

Biggest drag

BSX −1.04

BOSTON SCIENTIFIC CORP, −33.66%

What drove it

59 members · drivers first · 6M · residual 57.6bp within 60bp gate

The XLV rose 11.04% (+17.43 pts) over the past six months in a broad advance: 43 of 59 stocks rose, with LLY out front at +3.92 points.

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

+22.5 pts from 42 gainers−4.5 pts from 17 losers

net +17.4 pts · gainers outweigh losers 5.0 to 1

Stock

Points

Return

XLVsum of all 59 stocks

+17.4

+11.04%

LLYELI LILLY + CO

+3.9

+18.58%

UNHUNITEDHEALTH GROUP INC

+3.2

+46.71%

MRKMERCK + CO. INC.

+2.0

+28.11%

JNJJOHNSON + JOHNSON

+1.8

+11.55%

ABBVABBVIE INC

+1.4

+17.27%

TMOTHERMO FISHER SCIENTIFIC INC

+1.3

+22.08%

MRNAMODERNA INC

+1.0

+214.39%

AMGNAMGEN INC

+0.8

+16.40%

HUMHUMANA INC

+0.8

+124.84%

CVSCVS HEALTH CORP

+0.7

+26.26%

BMYBRISTOL MYERS SQUIBB CO

+0.5

+12.63%

IQVIQVIA HOLDINGS INC

+0.5

+57.41%

ELVELEVANCE HEALTH INC

+0.4

+23.18%

VEEVVEEVA SYSTEMS INC CLASS A

+0.4

+40.42%

VRTXVERTEX PHARMACEUTICALS INC

+0.4

+13.42%

29 othersclick to expand the full index

+3.5

ALGNALIGN TECHNOLOGY INC

−0.0

−13.97%

COOCOOPER COS INC/THE

−0.1

−12.59%

RMDRESMED INC

−0.1

−5.71%

UHSUNIVERSAL HEALTH SERVICES B

−0.1

−23.36%

GEHCGE HEALTHCARE TECHNOLOGY

−0.1

−12.02%

MCKMCKESSON CORP

−0.1

−5.27%

CORCENCORA INC

−0.1

−9.75%

MDTMEDTRONIC PLC

−0.2

−4.19%

PODDINSULET CORP

−0.2

−41.67%

IDXXIDEXX LABORATORIES INC

−0.2

−15.28%

SYKSTRYKER CORP

−0.4

−12.81%

HCAHCA HEALTHCARE INC

−0.5

−18.30%

ZTSZOETIS INC

−0.6

−39.68%

ISRGINTUITIVE SURGICAL INC

−0.9

−24.73%

BSXBOSTON SCIENTIFIC CORP

−1.0

−33.66%

Cap weighting, illustrated

ELI LILLY + CO and DAVITA INC moved almost identically (+18.58% vs +17.82%), yet LLY moved the XLV 130.1× 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 +17.43 pt move · cell size = points contributed · color = direction, intensity = return

LLY+3.9 pts(+18.6%)

UNH+3.2 pts(+46.7%)

MRK+2.0 pts(+28.1%)

JNJ+1.8 pts(+11.5%)

ABBV+1.4 pts(+17.3%)

TMO+1.3 pts(+22.1%)

BSX−1.0 pts(−33.7%)

MRNA+1.0 pts(+214.4%)

ISRG−0.9 pts(−24.7%)

AMGN+0.8 pts(+16.4%)

HUM+0.8 pts(+124.8%)

CVS+0.7 pts

ZTS−0.6 pts

BMY+0.5 pts

HCA−0.5 pts

IQV+0.5 pts

ELV

SYK−0.4 pts

VEEV+0.4 pts

PFE

CNC

DXCM

REGN

WAT

WST

CRL

IDXX

DHR

MCK

BIIB

Concentration curve

cumulative share of the +17.43 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−50%0%+50%+100%+150%+200%

From −41.67% (PODD) to +214.39% (MRNA). Equal-weight, the XLV would be +15.06% vs the actual +11.04%; the gap is what cap weighting did.

By sector

point contribution · sums to +17.43 pts

-59

+18.0

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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