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 & Defense1.65%-0.57 ppRail Transportation0.57%-0.36 ppIndustrial Conglomerates0.49%-0.32 ppAir Freight & Logistics0.48%-0.28 ppIndustrial Machinery & Supplies & Components0.80%-0.23 ppHuman Resource & Employment Services0.32%-0.18 ppEnvironmental & Facilities Services0.29%-0.16 ppElectrical Components & Equipment0.46%-0.13 ppAgricultural & Farm Machinery0.27%-0.09 ppBuilding Products0.38%-0.08 ppConstruction Machinery & Heavy Transportation Equipment0.52%-0.08 ppResearch & Consulting Services0.13%-0.06 ppPassenger Airlines0.15%-0.04 ppHeavy Electrical Equipment0.02%-0.04 ppCargo Ground Transportation0.10%-0.03 ppConstruction & Engineering0.09%-0.03 ppTrading Companies & Distributors0.11%-0.02 ppData Processing & Outsourced Services0.04%-0.02 ppDiversified Support Services0.10%-0.01 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Aerospace & Defense
Aerospace & Defense · weight
1.65%
Industry change · 12M
-0.57 pp
Aerospace & Defense · contribution
-0.573 pp
Company participation
8%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jul 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 | $128.0bn | 0.279% | -0.214 pp | -0.194 pp | -3.4% | No |
| Lockheed Martin → LMT | United States | $112.4bn | 0.245% | -0.152 pp | -0.132 pp | +10.7% | No |
| Northrop Grumman → NOC | United States | $67.3bn | 0.147% | -0.090 pp | -0.108 pp | -5.7% | No |
| General Dynamics → GD | United States | $61.0bn | 0.133% | -0.069 pp | -0.081 pp | +0.9% | No |
| L3Harris → LHX | United States | $35.8bn | 0.078% | -0.047 pp | -0.080 pp | -19.3% | No |
| GE Aerospace → GE | United States | $99.2bn | 0.216% | -0.074 pp | +0.043 pp | +98.8% | No |
| Axon Enterprise → AXON | United States | $13.7bn | 0.030% | +0.030 pp | +0.030 pp | +68.7% | Yes |
| Textron → TXT | United States | $15.4bn | 0.034% | -0.012 pp | -0.014 pp | +18.6% | No |
| Boeing → BA | United States | $144.1bn | 0.314% | -0.106 pp | -0.011 pp | +49.9% | No |
| Huntington Ingalls Industries → HII | United States | $9.2bn | 0.020% | -0.007 pp | -0.010 pp | +8.3% | No |
| TransDigm Group → TDG | United States | $49.4bn | 0.108% | -0.033 pp | -0.009 pp | +48.7% | No |
| Howmet Aerospace → HWM | United States | $21.1bn | 0.046% | -0.016 pp | -0.007 pp | +38.2% | 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.