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%-0.18 ppConstruction Machinery & Heavy Transportation Equipment0.76%+0.17 ppIndustrial Machinery & Supplies & Components1.16%+0.15 ppElectrical Components & Equipment0.70%+0.14 ppAir Freight & Logistics0.64%-0.12 ppIndustrial Conglomerates0.69%-0.10 ppAerospace & Defense2.37%+0.08 ppEnvironmental & Facilities Services0.41%-0.06 ppBuilding Products0.52%+0.06 ppHuman Resource & Employment Services0.47%-0.05 ppDiversified Support Services0.15%+0.04 ppTrading Companies & Distributors0.16%+0.03 ppHeavy Electrical Equipment0.02%-0.03 ppConstruction & Engineering0.14%+0.02 ppAgricultural & Farm Machinery0.38%-0.02 ppCargo Ground Transportation0.14%+0.02 ppPassenger Airlines0.20%+0.01 ppResearch & Consulting Services0.19%+0.00 ppData Processing & Outsourced Services0.07%-0.00 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Air Freight & Logistics
Air Freight & Logistics · weight
0.64%
Industry change · 12M
-0.12 pp
Air Freight & Logistics · contribution
-0.123 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Aug 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 | $120.9bn | 0.385% | +0.091 pp | -0.112 pp | -9.7% | Yes |
| C.H. Robinson → CHRW | United States | $10.5bn | 0.034% | +0.006 pp | -0.017 pp | -18.4% | Yes |
| FedEx → FDX | United States | $52.8bn | 0.168% | +0.059 pp | +0.010 pp | +26.7% | Yes |
| Expeditors International → EXPD | United States | $17.3bn | 0.055% | +0.013 pp | -0.005 pp | +14.8% | 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.