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›Materials›Industrial Gases›Industrial Gases

1 · Sector

Weight and 12M allocation change

Information Technology29.7%+2.54 ppHealth Care16.7%+0.60 ppEnergy2.3%+0.44 ppReal Estate3.4%+0.43 ppConsumer Discretionary7.8%+0.36 ppUtilities3.1%+0.17 ppMaterials3.3%+0.15 ppFinancials12.9%-0.47 ppConsumer Staples7.2%-0.68 ppCommunication Services3.6%-1.42 ppIndustrials10.0%-2.13 pp

2 · Industry

Inside Materials

Specialty Chemicals0.95%+0.24 ppPaper & Plastic Packaging Products & Materials0.45%-0.10 ppCopper0.20%+0.04 ppSteel0.10%+0.04 ppGold0.16%-0.04 ppCommodity Chemicals0.13%-0.03 ppConstruction Materials0.18%+0.03 ppMetal, Glass & Plastic Containers0.10%-0.02 ppFertilizers & Agricultural Chemicals0.21%+0.02 ppIndustrial Gases0.78%-0.02 pp

3 · Sub-industry

Inside Industrial Gases

Industrial Gases0.78%-0.020 pp
Concentrated

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

View all contributions →
Industrial Gases · weight
0.78%
Industry change · 12M
-0.02 pp
Industrial Gases · contribution
-0.020 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Dec 2021 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Air Products →
APD
United States$67.4bn0.216%+0.017 pp-0.029 pp+13.8%Yes
Linde plc →
LIN
United States$177.6bn0.569%+0.037 pp+0.009 pp+33.4%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.