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›Trading Companies & Distributors›Trading Companies & Distributors

1 · Sector

Weight and 12M allocation change

Information Technology17.3%+1.25 pp Health Care17.2%+0.52 pp Energy5.0%+0.34 pp Utilities3.4%+0.20 pp Real Estate3.4%+0.18 pp Materials2.0%-0.09 pp Communication Services3.2%-0.22 pp Consumer Discretionary6.9%-0.22 pp Consumer Staples8.8%-0.59 pp Financials17.8%-0.67 pp Industrials14.9%-0.68 pp

2 · Industry

Inside Industrials

Aerospace & Defense6.48%-0.60 pp Industrial Conglomerates1.26%-0.11 pp Construction Machinery & Heavy Transportation Equipment0.73%-0.10 pp Rail Transportation1.04%+0.10 pp Data Processing & Outsourced Services0.08%+0.08 pp Industrial Machinery & Supplies & Components1.02%-0.06 pp Human Resource & Employment Services0.49%+0.04 pp Agricultural & Farm Machinery0.27%-0.03 pp Diversified Support Services0.05%+0.03 pp Air Freight & Logistics0.96%-0.02 pp Research & Consulting Services0.19%+0.01 pp Trading Companies & Distributors0.10%-0.01 pp Environmental & Facilities Services0.36%+0.01 pp Building Products0.46%-0.01 pp Passenger Airlines0.54%-0.01 pp Electrical Components & Equipment0.72%-0.00 pp Construction & Engineering0.08%+0.00 pp Cargo Ground Transportation0.08%+0.00 pp Heavy Electrical Equipment0.00%+0.00 pp Passenger Ground Transportation0.00%+0.00 pp

3 · Sub-industry

Inside Trading Companies & Distributors

Trading Companies & Distributors0.10%-0.014 pp

Concentrated

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

View all contributions →

Trading Companies & Distributors · weight

0.10%

Industry change · 12M

-0.01 pp

Trading Companies & Distributors · contribution

-0.014 pp

Company participation

50%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jul 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 Rentals → URI	United States	$12.3bn	0.072%	-0.005 pp	-0.015 pp	-17.8%	No
Fastenal → FAST	United States	$4.1bn	0.024%	+0.002 pp	+0.001 pp	+5.1%	Yes

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.