XLV · WMTMT

Dec 31Mar 13May 21Aug 3Oct 9

Breadth

40 / 60

stocks rose with the index

Concentration

54%

of the gain from JNJ, MRK, LLY

Biggest driver

JNJ +3.74

JOHNSON + JOHNSON, +27.74%

Biggest drag

BSX −2.00

BOSTON SCIENTIFIC CORP, −55.18%

What drove it

60 members · drivers first · YTD · residual 83.3bp exceeds 60bp gate

The XLV rose 10.35% (+16.02 pts) so far this year on a mixed tape; JNJ, MRK, LLY did most of the lifting, with 54% of the gain between them.

Read the latest market-close note: Goldman and Microsoft Push the Dow to a Large Gain While Telecoms Sink Communication Services

+23.4 pts from 42 gainers−6.7 pts from 18 losers

net +16.0 pts · gainers outweigh losers 3.5 to 1

Stock

Points

Return

XLVsum of all 60 stocks

+16.0

+10.35%

JNJJOHNSON + JOHNSON

+3.7

+27.74%

MRKMERCK + CO. INC.

+2.5

+40.37%

LLYELI LILLY + CO

+2.4

+10.05%

ABBVABBVIE INC

+1.8

+22.98%

MRNAMODERNA INC

+1.6

+662.97%

AMGNAMGEN INC

+1.3

+28.60%

UNHUNITEDHEALTH GROUP INC

+1.0

+16.45%

GILDGILEAD SCIENCES INC

+0.9

+24.68%

TMOTHERMO FISHER SCIENTIFIC INC

+0.9

+13.78%

PFEPFIZER INC

+0.7

+17.37%

HUMHUMANA INC

+0.6

+69.45%

ILMNILLUMINA INC

+0.6

+112.08%

BMYBRISTOL MYERS SQUIBB CO

+0.5

+13.26%

MCKMCKESSON CORP

+0.4

+14.67%

VEEVVEEVA SYSTEMS INC CLASS A

+0.4

+32.61%

30 othersclick to expand the full index

+4.0

REGNREGENERON PHARMACEUTICALS

−0.1

−3.02%

UHSUNIVERSAL HEALTH SERVICES B

−0.1

−18.45%

STESTERIS PLC

−0.1

−14.90%

HCAHCA HEALTHCARE INC

−0.1

−3.05%

COOCOOPER COS INC/THE

−0.1

−33.66%

GEHCGE HEALTHCARE TECHNOLOGY

−0.2

−19.78%

PODDINSULET CORP

−0.2

−52.41%

MDTMEDTRONIC PLC

−0.2

−6.27%

DHRDANAHER CORP

−0.2

−3.56%

IDXXIDEXX LABORATORIES INC

−0.3

−23.43%

ZTSZOETIS INC

−0.5

−40.06%

SYKSTRYKER CORP

−0.7

−20.66%

ABTABBOTT LABORATORIES

−0.7

−19.54%

ISRGINTUITIVE SURGICAL INC

−1.1

−25.14%

BSXBOSTON SCIENTIFIC CORP

−2.0

−55.18%

Cap weighting, illustrated

ELI LILLY + CO and CVS HEALTH CORP moved almost identically (+10.05% vs +10.38%), yet LLY moved the XLV 191.6× 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 +16.02 pt move · cell size = points contributed · color = direction, intensity = return

JNJ+3.7 pts(+27.7%)

MRK+2.5 pts(+40.4%)

LLY+2.4 pts(+10.1%)

BSX−2.0 pts(−55.2%)

ABBV+1.8 pts(+23.0%)

MRNA+1.6 pts(+663.0%)

AMGN+1.3 pts(+28.6%)

ISRG−1.1 pts(−25.1%)

UNH+1.0 pts(+16.4%)

GILD+0.9 pts(+24.7%)

TMO+0.9 pts(+13.8%)

PFE+0.7 pts

ABT−0.7 pts

SYK−0.7 pts

HUM+0.6 pts

ILMN+0.6 pts(+112.1%)

BMY+0.5 pts(+13.3%)

ZTS−0.5 pts(−40.1%)

MCK+0.4 pts

VEEV

BDX

IDXX−0.3 pts

ELV+0.3 pts

CNC

VRTX

DHR

PODD

DXCM

DGX

BIIB

CAH

GEHC

IQV

WAT

MTD

Concentration curve

cumulative share of the +16.02 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−100%+100%+300%+500%

From −55.18% (BSX) to +662.97% (MRNA). Equal-weight, the XLV would be +18.18% vs the actual +10.35%; the gap is what cap weighting did.

By sector

point contribution · sums to +16.02 pts

-60

+16.7

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUGSEPOCT

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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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