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
Rail Transportation0.77%-0.25 ppIndustrial Conglomerates0.75%-0.13 ppAerospace & Defense2.44%+0.11 ppIndustrial Machinery & Supplies & Components1.11%+0.08 ppPassenger Airlines0.18%-0.08 ppHuman Resource & Employment Services0.44%-0.05 ppConstruction Machinery & Heavy Transportation Equipment0.68%+0.05 ppAgricultural & Farm Machinery0.38%-0.04 ppAir Freight & Logistics0.69%-0.04 ppDiversified Support Services0.15%+0.03 ppHeavy Electrical Equipment0.02%-0.03 ppResearch & Consulting Services0.19%-0.02 ppElectrical Components & Equipment0.60%-0.01 ppConstruction & Engineering0.12%+0.01 ppEnvironmental & Facilities Services0.45%-0.01 ppBuilding Products0.49%+0.01 ppTrading Companies & Distributors0.14%-0.00 ppData Processing & Outsourced Services0.06%-0.00 ppCargo Ground Transportation0.12%-0.00 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Air Freight & Logistics
Air Freight & Logistics · weight
0.69%
Industry change · 12M
-0.04 pp
Air Freight & Logistics · contribution
-0.035 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 2023 · 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 |
|---|---|---|---|---|---|---|---|
| United Parcel Service → UPS | United States | $128.4bn | 0.434% | -0.019 pp | -0.031 pp | +3.4% | No |
| C.H. Robinson → CHRW | United States | $11.7bn | 0.040% | -0.001 pp | -0.009 pp | -2.8% | No |
| FedEx → FDX | United States | $46.1bn | 0.156% | +0.021 pp | +0.006 pp | +17.3% | Yes |
| Expeditors International → EXPD | United States | $17.6bn | 0.059% | +0.000 pp | -0.001 pp | +16.3% | 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.