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 & Defense0.00%-5.30 ppIndustrial Conglomerates0.00%-1.41 ppIndustrial Machinery & Supplies & Components0.00%-0.97 ppRail Transportation0.00%-0.95 ppAir Freight & Logistics0.00%-0.74 ppConstruction Machinery & Heavy Transportation Equipment0.00%-0.67 ppElectrical Components & Equipment0.00%-0.62 ppHuman Resource & Employment Services0.00%-0.53 ppPassenger Airlines0.00%-0.47 ppEnvironmental & Facilities Services0.00%-0.45 ppBuilding Products0.00%-0.44 ppAgricultural & Farm Machinery0.00%-0.28 ppResearch & Consulting Services0.00%-0.23 ppDiversified Support Services0.00%-0.13 ppTrading Companies & Distributors0.00%-0.10 ppConstruction & Engineering0.00%-0.08 ppData Processing & Outsourced Services0.00%-0.08 ppCargo Ground Transportation0.00%-0.06 ppHeavy Electrical Equipment0.00%+0.00 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Passenger Airlines
Passenger Airlines · weight
0.00%
Industry change · 12M
-0.47 pp
Passenger Airlines · contribution
-0.474 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Sep 2020 · 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 |
|---|---|---|---|---|---|---|---|
| Delta Air Lines → DAL | United States | $19.5bn | 0.000% | -0.000 pp | -0.199 pp | -46.1% | No |
| Southwest Airlines → LUV | United States | $22.1bn | 0.000% | +0.000 pp | -0.154 pp | -30.1% | No |
| United Airlines Holdings → UAL | United States | $10.1bn | 0.000% | -0.000 pp | -0.121 pp | -60.7% | 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.