47 members · drivers first · 6M · residual 29.3bp within 60bp gate
The XLY rose 1.03% (+1.20 pts) over the past six months, but 28 of 47 members went the other way. AMZN and BKNG carried the tape higher, contributing more than the entire move.
AMAZON.COM INC and MGM RESORTS INTERNATIONAL moved almost identically (+25.17% vs +23.62%), yet AMZN moved the XLY 126.7× 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 +1.20 pt move · cell size = points contributed · color = direction, intensity = return
AMZN+6.9 pts(+25.2%)
TSLA−2.0 pts(−14.4%)
MCD−1.4 pts(−18.5%)
LOW−1.3 pts(−22.6%)
BKNG+1.2 pts(+32.0%)
HD−1.0 pts(−10.9%)
NKE−1.0 pts(−37.4%)
TJX−0.9 pts
ABNB+0.8 pts(+51.6%)
DASH+0.8 pts(+42.0%)
AZO−0.6 pts(−20.0%)
EXPE+0.5 pts
CVNA
ORLY−0.3 pts
ROST
TSCO
EBAY+0.3 pts
ULTA−0.2 pts
LULU−0.2 pts
HLT
MAR
LEN
CCL
GRMN
DECK
TPR
GM
BBY
SBUX
WSM
PHM
Concentration curve
cumulative share of the +1.20 pt move · sorted by contribution
When they drove it
cumulative points through the period
Breadth
member returns, this period
−50%−25%0%+25%+50%
From −39.99% (APTV) to +71.27% (EXPE). Equal-weight, the XLY would be −0.92% vs the actual +1.03%; the gap is what cap weighting did.
By sector
point contribution · sums to +1.20 pts
-47
+1.2
The year, session by session
every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUG
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Consumer Discretionary · Select Sector
What moved the market
6M · AUG 25, 2026
+1.03%
+1.2 pts · closed 117.94
19 of 47 rose · 28 fell
AMZN+25.2%
+6.9
BKNG+32.0%
+1.2
ABNB+51.6%
+0.8
DASH+42.0%
+0.8
EXPE+71.3%
+0.5
NKE−37.4%
−1.0
HD−10.9%
−1.0
LOW−22.6%
−1.3
MCD−18.5%
−1.4
TSLA−14.4%
−2.0
AMZN carried a split tape · 28 of 47 went the other wayWMTMT.COM
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