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

Health Care18.1%+1.27 pp Utilities3.8%+0.64 pp Information Technology17.5%+0.52 pp Real Estate3.7%+0.46 pp Materials2.5%+0.41 pp Communication Services3.6%+0.24 pp Consumer Discretionary7.1%+0.12 pp Energy4.3%-0.09 pp Consumer Staples8.8%-0.25 pp Industrials14.2%-1.17 pp Financials16.5%-2.16 pp

2 · Industry

Inside Industrials

Aerospace & Defense5.90%-1.04 pp Rail Transportation1.10%+0.15 pp Industrial Conglomerates1.22%-0.13 pp Human Resource & Employment Services0.55%+0.10 pp Industrial Machinery & Supplies & Components0.97%-0.10 pp Construction Machinery & Heavy Transportation Equipment0.73%-0.09 pp Air Freight & Logistics0.82%-0.09 pp Environmental & Facilities Services0.43%+0.07 pp Data Processing & Outsourced Services0.07%+0.07 pp Electrical Components & Equipment0.67%-0.06 pp Passenger Airlines0.51%-0.04 pp Building Products0.44%-0.02 pp Trading Companies & Distributors0.09%-0.02 pp Diversified Support Services0.05%+0.02 pp Research & Consulting Services0.20%+0.01 pp Cargo Ground Transportation0.07%-0.01 pp Agricultural & Farm Machinery0.30%-0.01 pp Construction & Engineering0.08%+0.01 pp Heavy Electrical Equipment0.00%+0.00 pp Passenger Ground Transportation0.00%+0.00 pp

3 · Sub-industry

Inside Air Freight & Logistics

Air Freight & Logistics0.82%-0.089 pp

Concentrated

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

View all contributions →

Air Freight & Logistics · weight

0.82%

Industry change · 12M

-0.09 pp

Air Freight & Logistics · contribution

-0.089 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 2019 · 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
FedEx → FDX	United States	$38.1bn	0.221%	+0.059 pp	-0.098 pp	-25.8%	Yes
United Parcel Service → UPS	United States	$78.7bn	0.456%	+0.183 pp	+0.009 pp	+9.0%	Yes
C.H. Robinson → CHRW	United States	$12.4bn	0.072%	+0.030 pp	-0.006 pp	-0.6%	Yes
Expeditors International → EXPD	United States	$12.9bn	0.075%	+0.031 pp	+0.006 pp	+16.8%	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.