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
Universe›Materials›Industrial Gases›Industrial Gases

1 · Sector

Weight and 12M allocation change

Information Technology29.7%+5.20 ppConsumer Discretionary11.9%+0.62 ppIndustrials10.2%+0.09 ppCommunication Services2.9%-0.50 ppReal Estate2.8%-0.52 ppMaterials2.7%-0.53 ppUtilities2.7%-0.66 ppConsumer Staples6.7%-0.73 ppEnergy3.1%-0.73 ppFinancials11.7%-0.96 ppHealth Care15.6%-1.28 pp

2 · Industry

Inside Materials

Paper & Plastic Packaging Products & Materials0.33%-0.12 ppFertilizers & Agricultural Chemicals0.17%-0.10 ppSpecialty Chemicals0.69%-0.09 ppGold0.08%-0.06 ppIndustrial Gases0.75%-0.05 ppCopper0.17%-0.05 ppCommodity Chemicals0.11%-0.03 ppSteel0.19%-0.03 ppConstruction Materials0.18%+0.02 ppMetal, Glass & Plastic Containers0.05%-0.01 pp

3 · Sub-industry

Inside Industrial Gases

Industrial Gases0.75%-0.051 pp
Concentrated

Most of this industry's losses came from a few companies.

View all contributions →
Industrial Gases · weight
0.75%
Industry change · 12M
-0.05 pp
Industrial Gases · contribution
-0.051 pp
Company participation
0%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2024 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Air Products →
APD
United States$56.8bn0.169%-0.044 pp-0.074 pp-18.2%No
Linde plc →
LIN
United States$196.3bn0.584%-0.046 pp+0.024 pp+24.0%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.