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›Materials›Industrial Gases›Industrial Gases
Industrial Gases · weight
0.81%
Industry change · 12M
+0.08 pp
Industrial Gases · contribution
+0.082 pp
Company participation
50%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 2023 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Linde plc →
LIN
United States$174.9bn0.597%+0.015 pp+0.051 pp+13.0%Yes
Air Products →
APD
United States$63.8bn0.218%-0.029 pp+0.031 pp+17.9%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.