Internal Dispersion

Would you prefer to bet on a strong team that operates in perfect harmony, or one where the players are scattered randomly all over the field?

The featured charts provide an inside look at the performance dynamics of each sector ETF.

The line graph visualisation measures the degree of variation in the performance of the largest components of the ETF. The interpretation framework is straightforward: a value close to 0% suggests that these components are in sync, while approaching 100% indicates dispersed performance where each member of the team is doing its own thing.