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 & Defense2.44%-1.77 ppIndustrial Conglomerates0.83%-0.22 ppRail Transportation0.98%+0.14 ppBuilding Products0.46%-0.13 ppIndustrial Machinery & Supplies & Components1.03%-0.11 ppEnvironmental & Facilities Services0.47%+0.08 ppElectrical Components & Equipment0.57%-0.07 ppPassenger Airlines0.20%-0.07 ppHuman Resource & Employment Services0.50%+0.07 ppConstruction Machinery & Heavy Transportation Equipment0.61%-0.07 ppAir Freight & Logistics0.80%-0.06 ppHeavy Electrical Equipment0.05%-0.04 ppAgricultural & Farm Machinery0.36%-0.03 ppConstruction & Engineering0.12%+0.03 ppTrading Companies & Distributors0.12%-0.01 ppResearch & Consulting Services0.19%-0.01 ppCargo Ground Transportation0.12%+0.01 ppDiversified Support Services0.12%+0.00 ppData Processing & Outsourced Services0.06%-0.00 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Aerospace & Defense
Aerospace & Defense · weight
2.44%
Industry change · 12M
-1.77 pp
Aerospace & Defense · contribution
-1.770 pp
Company participation
64%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jun 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 |
|---|---|---|---|---|---|---|---|
| GE Aerospace → GE | United States | $43.7bn | 0.170% | -0.041 pp | -1.909 pp | -40.6% | No |
| Boeing → BA | United States | $80.9bn | 0.315% | -0.061 pp | -0.180 pp | -42.9% | No |
| RTX Corporation → RTX | United States | $142.9bn | 0.556% | +0.058 pp | +0.100 pp | +15.3% | Yes |
| Northrop Grumman → NOC | United States | $74.4bn | 0.289% | +0.054 pp | +0.083 pp | +33.8% | Yes |
| Lockheed Martin → LMT | United States | $114.4bn | 0.445% | +0.040 pp | +0.074 pp | +16.9% | Yes |
| General Dynamics → GD | United States | $61.4bn | 0.239% | +0.014 pp | +0.051 pp | +21.0% | Yes |
| L3Harris → LHX | United States | $46.6bn | 0.181% | +0.020 pp | +0.025 pp | +13.9% | Yes |
| TransDigm Group → TDG | United States | $29.3bn | 0.114% | -0.008 pp | -0.012 pp | -17.1% | No |
| Huntington Ingalls Industries → HII | United States | $8.7bn | 0.034% | +0.007 pp | +0.004 pp | +5.9% | Yes |
| Textron → TXT | United States | $13.1bn | 0.051% | -0.003 pp | -0.004 pp | -11.1% | No |
| Howmet Aerospace → HWM | United States | $13.1bn | 0.051% | +0.000 pp | -0.002 pp | -8.5% | 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.