Observatory · observe first

Follow the allocation change

Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.

Historical time machine

Historical observation

20182026

Universe›Industrials›Air Freight & Logistics›Air Freight & Logistics

1 · Sector

Weight and 12M allocation change

Information Technology17.6%+1.59 pp Energy5.1%+0.44 pp Utilities3.3%+0.18 pp Real Estate3.4%+0.15 pp Consumer Discretionary7.1%+0.03 pp Materials2.1%-0.02 pp Health Care16.6%-0.10 pp Communication Services3.2%-0.30 pp Industrials15.2%-0.43 pp Financials18.0%-0.50 pp Consumer Staples8.4%-1.02 pp

2 · Industry

Inside Industrials

Aerospace & Defense6.81%-0.27 pp Industrial Conglomerates1.23%-0.14 pp Rail Transportation1.04%+0.10 pp Industrial Machinery & Supplies & Components1.01%-0.06 pp Construction Machinery & Heavy Transportation Equipment0.78%-0.05 pp Human Resource & Employment Services0.49%+0.04 pp Building Products0.43%-0.03 pp Passenger Airlines0.53%-0.02 pp Agricultural & Farm Machinery0.29%-0.01 pp Research & Consulting Services0.19%+0.01 pp Cargo Ground Transportation0.09%+0.01 pp Electrical Components & Equipment0.71%-0.01 pp Construction & Engineering0.08%+0.01 pp Trading Companies & Distributors0.10%-0.01 pp Diversified Support Services0.03%+0.00 pp Air Freight & Logistics0.98%+0.00 pp Environmental & Facilities Services0.35%+0.00 pp Data Processing & Outsourced Services0.00%+0.00 pp Heavy Electrical Equipment0.00%+0.00 pp Passenger Ground Transportation0.00%+0.00 pp

3 · Sub-industry

Inside Air Freight & Logistics

Air Freight & Logistics0.98%+0.001 pp

Concentrated

Most of this industry's gains came from a few companies.

View all contributions →

Air Freight & Logistics · weight

0.98%

Industry change · 12M

+0.00 pp

Air Freight & Logistics · contribution

+0.001 pp

Company participation

75%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 2018 · sorted by absolute contribution to 12-month change

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
United Parcel Service → UPS	United States	$82.9bn	0.503%	+0.056 pp	-0.015 pp	-7.3%	Yes
Expeditors International → EXPD	United States	$13.0bn	0.079%	+0.010 pp	+0.013 pp	+15.4%	Yes
FedEx → FDX	United States	$53.6bn	0.325%	+0.007 pp	+0.002 pp	-4.9%	Yes
C.H. Robinson → CHRW	United States	$12.1bn	0.073%	-0.005 pp	+0.001 pp	-3.9%	No

Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.