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

Consumer Discretionary10.9%+3.79 pp Energy3.6%+1.54 pp Consumer Staples7.7%+0.73 pp Utilities3.6%+0.56 pp Health Care16.5%+0.26 pp Real Estate3.3%+0.06 pp Materials3.0%-0.23 pp Communication Services3.5%-0.87 pp Information Technology26.2%-1.69 pp Financials11.9%-1.97 pp Industrials9.8%-2.17 pp

2 · Industry

Inside Industrials

Aerospace & Defense2.29%-1.61 pp Industrial Conglomerates0.79%-0.22 pp Building Products0.47%-0.15 pp Industrial Machinery & Supplies & Components1.01%-0.12 pp Electrical Components & Equipment0.56%-0.10 pp Human Resource & Employment Services0.52%+0.09 pp Environmental & Facilities Services0.47%+0.06 pp Passenger Airlines0.19%-0.05 pp Heavy Electrical Equipment0.05%-0.04 pp Construction Machinery & Heavy Transportation Equipment0.59%-0.03 pp Research & Consulting Services0.19%-0.03 pp Construction & Engineering0.12%+0.02 pp Rail Transportation0.95%+0.02 pp Trading Companies & Distributors0.12%-0.01 pp Agricultural & Farm Machinery0.40%+0.01 pp Data Processing & Outsourced Services0.07%+0.00 pp Air Freight & Logistics0.77%-0.00 pp Cargo Ground Transportation0.12%+0.00 pp Diversified Support Services0.11%-0.00 pp Passenger Ground Transportation0.00%+0.00 pp

3 · Sub-industry

Inside Air Freight & Logistics

Air Freight & Logistics0.77%-0.003 pp

Concentrated

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

View all contributions →

Air Freight & Logistics · weight

0.77%

Industry change · 12M

-0.00 pp

Air Freight & Logistics · contribution

-0.003 pp

Company participation

50%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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	$44.1bn	0.158%	-0.011 pp	-0.033 pp	-19.5%	No
United Parcel Service → UPS	United States	$138.9bn	0.497%	+0.028 pp	+0.030 pp	+2.3%	Yes
C.H. Robinson → CHRW	United States	$14.1bn	0.051%	+0.001 pp	+0.011 pp	+29.5%	Yes
Expeditors International → EXPD	United States	$16.8bn	0.060%	-0.006 pp	-0.011 pp	-16.6%	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.