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
Industrial Conglomerates0.66%-0.18 ppAgricultural & Farm Machinery0.33%-0.12 ppIndustrial Machinery & Supplies & Components1.18%+0.11 ppRail Transportation0.78%-0.11 ppAir Freight & Logistics0.59%-0.11 ppDiversified Support Services0.24%+0.10 ppHuman Resource & Employment Services0.43%-0.09 ppPassenger Airlines0.16%-0.04 ppEnvironmental & Facilities Services0.49%+0.04 ppConstruction Machinery & Heavy Transportation Equipment0.71%+0.03 ppElectrical Components & Equipment0.65%+0.02 ppTrading Companies & Distributors0.15%+0.02 ppResearch & Consulting Services0.19%+0.01 ppData Processing & Outsourced Services0.07%+0.01 ppBuilding Products0.50%-0.01 ppConstruction & Engineering0.13%+0.01 ppAerospace & Defense2.39%-0.01 ppCargo Ground Transportation0.13%+0.00 ppHeavy Electrical Equipment0.02%-0.00 ppPassenger Ground Transportation0.00%+0.00 pp
3 · Sub-industry
Inside Aerospace & Defense
Aerospace & Defense · weight
2.39%
Industry change · 12M
-0.01 pp
Aerospace & Defense · contribution
-0.008 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Nov 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 |
|---|---|---|---|---|---|---|---|
| GE Aerospace → GE | United States | $105.8bn | 0.330% | +0.013 pp | +0.131 pp | +82.1% | Yes |
| RTX Corporation → RTX | United States | $117.2bn | 0.365% | -0.034 pp | -0.127 pp | -15.3% | Yes |
| Lockheed Martin → LMT | United States | $111.1bn | 0.346% | -0.013 pp | -0.085 pp | -5.2% | Yes |
| Boeing → BA | United States | $140.1bn | 0.437% | +0.006 pp | +0.075 pp | +29.5% | Yes |
| Northrop Grumman → NOC | United States | $71.7bn | 0.223% | +0.015 pp | -0.055 pp | -9.4% | Yes |
| Axon Enterprise → AXON | United States | $17.2bn | 0.054% | +0.003 pp | +0.054 pp | +24.9% | Yes |
| TransDigm Group → TDG | United States | $53.3bn | 0.166% | +0.007 pp | +0.050 pp | +58.8% | Yes |
| L3Harris → LHX | United States | $36.2bn | 0.113% | +0.005 pp | -0.034 pp | -13.9% | Yes |
| General Dynamics → GD | United States | $67.4bn | 0.210% | +0.013 pp | -0.025 pp | +0.2% | Yes |
| Howmet Aerospace → HWM | United States | $21.7bn | 0.068% | +0.003 pp | +0.015 pp | +40.2% | Yes |
| Textron → TXT | United States | $15.0bn | 0.047% | -0.002 pp | -0.004 pp | +7.5% | Yes |
| Huntington Ingalls Industries → HII | United States | $9.4bn | 0.029% | +0.001 pp | -0.002 pp | +4.5% | 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.