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 & Defense2.29%-1.61 ppIndustrial Conglomerates0.79%-0.22 ppBuilding Products0.47%-0.15 ppIndustrial Machinery & Supplies & Components1.01%-0.12 ppElectrical Components & Equipment0.56%-0.10 ppHuman Resource & Employment Services0.52%+0.09 ppEnvironmental & Facilities Services0.47%+0.06 ppPassenger Airlines0.19%-0.05 ppHeavy Electrical Equipment0.05%-0.04 ppConstruction Machinery & Heavy Transportation Equipment0.59%-0.03 ppResearch & Consulting Services0.19%-0.03 ppConstruction & Engineering0.12%+0.02 ppRail Transportation0.95%+0.02 ppTrading Companies & Distributors0.12%-0.01 ppAgricultural & Farm Machinery0.40%+0.01 ppData Processing & Outsourced Services0.07%+0.00 ppAir Freight & Logistics0.77%-0.00 ppCargo Ground Transportation0.12%+0.00 ppDiversified Support Services0.11%-0.00 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Passenger Airlines
Passenger Airlines · weight
0.19%
Industry change · 12M
-0.05 pp
Passenger Airlines · contribution
-0.045 pp
Company participation
0%
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 |
|---|---|---|---|---|---|---|---|
| Southwest Airlines → LUV | United States | $21.8bn | 0.078% | -0.020 pp | -0.021 pp | -26.3% | No |
| Delta Air Lines → DAL | United States | $19.9bn | 0.071% | -0.025 pp | -0.015 pp | -23.2% | No |
| United Airlines Holdings → UAL | United States | $11.4bn | 0.041% | -0.015 pp | -0.009 pp | -24.7% | 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.