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 & Defense2.57%+0.51 ppConstruction Machinery & Heavy Transportation Equipment0.72%+0.14 ppAgricultural & Farm Machinery0.46%+0.12 ppRail Transportation0.90%-0.12 ppAir Freight & Logistics0.67%-0.11 ppBuilding Products0.51%-0.09 ppHeavy Electrical Equipment0.02%-0.05 ppResearch & Consulting Services0.19%-0.05 ppDiversified Support Services0.15%+0.04 ppIndustrial Conglomerates0.87%-0.03 ppEnvironmental & Facilities Services0.44%+0.03 ppConstruction & Engineering0.12%+0.02 ppHuman Resource & Employment Services0.51%+0.02 ppElectrical Components & Equipment0.65%+0.02 ppIndustrial Machinery & Supplies & Components1.10%-0.02 ppPassenger Airlines0.19%-0.01 ppCargo Ground Transportation0.12%-0.01 ppData Processing & Outsourced Services0.06%-0.01 ppTrading Companies & Distributors0.14%+0.00 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Industrial Conglomerates
Industrial Conglomerates · weight
0.87%
Industry change · 12M
-0.03 pp
Industrial Conglomerates · contribution
-0.029 pp
Company participation
67%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 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 |
|---|---|---|---|---|---|---|---|
| 3M → MMM | United States | $55.4bn | 0.200% | -0.007 pp | -0.074 pp | -29.6% | No |
| Honeywell Technologies → HON | United States | $142.4bn | 0.514% | +0.077 pp | +0.059 pp | +4.9% | Yes |
| DuPont → DD | United States | $42.8bn | 0.154% | +0.030 pp | -0.014 pp | -13.4% | 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.