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 & Defense1.74%-0.70 ppRail Transportation0.57%-0.41 ppAir Freight & Logistics0.48%-0.32 ppIndustrial Conglomerates0.52%-0.31 ppHuman Resource & Employment Services0.30%-0.20 ppIndustrial Machinery & Supplies & Components0.83%-0.19 ppEnvironmental & Facilities Services0.32%-0.15 ppElectrical Components & Equipment0.48%-0.09 ppBuilding Products0.37%-0.09 ppConstruction Machinery & Heavy Transportation Equipment0.52%-0.09 ppAgricultural & Farm Machinery0.27%-0.08 ppResearch & Consulting Services0.14%-0.05 ppPassenger Airlines0.16%-0.04 ppHeavy Electrical Equipment0.02%-0.03 ppCargo Ground Transportation0.09%-0.03 ppConstruction & Engineering0.09%-0.03 ppData Processing & Outsourced Services0.05%-0.02 ppTrading Companies & Distributors0.11%-0.01 ppDiversified Support Services0.11%-0.01 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Aerospace & Defense
Aerospace & Defense · weight
1.74%
Industry change · 12M
-0.70 pp
Aerospace & Defense · contribution
-0.700 pp
Company participation
8%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jun 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 |
|---|---|---|---|---|---|---|---|
| RTX Corporation → RTX | United States | $143.1bn | 0.331% | -0.158 pp | -0.225 pp | +4.3% | No |
| Lockheed Martin → LMT | United States | $116.6bn | 0.270% | -0.142 pp | -0.175 pp | +9.9% | No |
| Northrop Grumman → NOC | United States | $69.2bn | 0.160% | -0.081 pp | -0.129 pp | -3.3% | No |
| General Dynamics → GD | United States | $59.0bn | 0.137% | -0.077 pp | -0.102 pp | -1.1% | No |
| L3Harris → LHX | United States | $37.1bn | 0.086% | -0.041 pp | -0.096 pp | -17.2% | No |
| GE Aerospace → GE | United States | $95.5bn | 0.221% | -0.063 pp | +0.051 pp | +121.7% | No |
| Axon Enterprise → AXON | United States | $14.4bn | 0.033% | +0.033 pp | +0.033 pp | +109.4% | Yes |
| Boeing → BA | United States | $127.0bn | 0.294% | -0.140 pp | -0.021 pp | +54.4% | No |
| Textron → TXT | United States | $13.6bn | 0.032% | -0.018 pp | -0.020 pp | +10.9% | No |
| Huntington Ingalls Industries → HII | United States | $9.1bn | 0.021% | -0.007 pp | -0.013 pp | +6.8% | No |
| Howmet Aerospace → HWM | United States | $20.5bn | 0.047% | -0.012 pp | -0.004 pp | +58.1% | No |
| TransDigm Group → TDG | United States | $49.1bn | 0.114% | -0.024 pp | -0.000 pp | +71.4% | 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.