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 Care17.4%+1.93 pp Energy3.5%+1.25 pp Information Technology27.4%+1.16 pp Consumer Staples8.2%+1.08 pp Real Estate3.5%+0.45 pp Utilities3.5%+0.28 pp Materials3.4%+0.03 pp Consumer Discretionary6.9%-0.64 pp Communication Services3.6%-1.08 pp Financials12.4%-2.12 pp Industrials10.2%-2.35 pp

2 · Industry

Inside Industrials

Aerospace & Defense2.33%-1.90 pp Industrial Conglomerates0.87%-0.22 pp Rail Transportation1.02%+0.14 pp Industrial Machinery & Supplies & Components1.03%-0.14 pp Air Freight & Logistics0.72%-0.14 pp Building Products0.48%-0.09 pp Construction Machinery & Heavy Transportation Equipment0.63%-0.08 pp Human Resource & Employment Services0.49%+0.08 pp Environmental & Facilities Services0.46%+0.06 pp Passenger Airlines0.26%-0.05 pp Heavy Electrical Equipment0.05%-0.02 pp Cargo Ground Transportation0.12%+0.02 pp Construction & Engineering0.11%+0.01 pp Electrical Components & Equipment0.61%-0.01 pp Data Processing & Outsourced Services0.06%-0.01 pp Research & Consulting Services0.21%-0.00 pp Agricultural & Farm Machinery0.42%-0.00 pp Diversified Support Services0.11%+0.00 pp Trading Companies & Distributors0.14%+0.00 pp Passenger Ground Transportation0.00%+0.00 pp

3 · Sub-industry

Inside Air Freight & Logistics

Air Freight & Logistics0.72%-0.143 pp

Concentrated

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

View all contributions →

Air Freight & Logistics · weight

0.72%

Industry change · 12M

-0.14 pp

Air Freight & Logistics · contribution

-0.143 pp

Company participation

25%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 2022 · 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	$41.5bn	0.150%	-0.026 pp	-0.075 pp	-30.7%	No
United Parcel Service → UPS	United States	$128.5bn	0.465%	-0.021 pp	-0.063 pp	-9.7%	No
Expeditors International → EXPD	United States	$16.6bn	0.060%	-0.005 pp	-0.007 pp	-9.0%	No
C.H. Robinson → CHRW	United States	$13.5bn	0.049%	+0.003 pp	+0.002 pp	+11.7%	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.