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
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Industrials
Aerospace & Defense5.35%-1.14 ppIndustrial Conglomerates2.18%+0.92 ppAir Freight & Logistics0.78%-0.18 ppIndustrial Machinery & Supplies & Components0.91%-0.11 ppElectrical Components & Equipment0.60%-0.11 ppEnvironmental & Facilities Services0.45%+0.09 ppPassenger Airlines0.48%-0.06 ppHuman Resource & Employment Services0.54%+0.05 ppConstruction Machinery & Heavy Transportation Equipment0.69%-0.04 ppResearch & Consulting Services0.22%+0.03 ppCargo Ground Transportation0.06%-0.02 ppDiversified Support Services0.06%+0.01 ppAgricultural & Farm Machinery0.28%+0.01 ppConstruction & Engineering0.08%+0.00 ppTrading Companies & Distributors0.10%+0.00 ppBuilding Products0.46%+0.00 ppRail Transportation1.04%+0.00 ppData Processing & Outsourced Services0.08%+0.00 ppHeavy Electrical Equipment0.00%+0.00 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Aerospace & Defense
Aerospace & Defense · weight
5.35%
Industry change · 12M
-1.14 pp
Aerospace & Defense · contribution
-1.138 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jul 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 |
|---|---|---|---|---|---|---|---|
| GE Aerospace → GE | United States | $454.5bn | 2.419% | -0.044 pp | -0.892 pp | -19.2% | No |
| Boeing → BA | United States | $192.0bn | 1.022% | -0.162 pp | -0.172 pp | -2.3% | No |
| General Dynamics → GD | United States | $53.7bn | 0.286% | -0.002 pp | -0.059 pp | -4.9% | Yes |
| Textron → TXT | United States | $11.3bn | 0.060% | -0.008 pp | -0.039 pp | -27.7% | No |
| TransDigm Group → TDG | United States | $25.8bn | 0.137% | -0.005 pp | +0.023 pp | +29.3% | No |
| L3Harris → LHX | United States | $24.5bn | 0.131% | +0.020 pp | +0.016 pp | +28.0% | Yes |
| RTX Corporation → RTX | United States | $72.5bn | 0.386% | -0.045 pp | -0.013 pp | +0.7% | No |
| Huntington Ingalls Industries → HII | United States | $9.5bn | 0.050% | -0.001 pp | -0.010 pp | -0.6% | Yes |
| Northrop Grumman → NOC | United States | $58.5bn | 0.311% | +0.037 pp | +0.006 pp | +17.0% | Yes |
| Lockheed Martin → LMT | United States | $102.3bn | 0.544% | +0.020 pp | +0.003 pp | +14.1% | 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.