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
Passenger Ground Transportation0.47%+0.47 ppAerospace & Defense2.33%-0.18 ppAir Freight & Logistics0.52%-0.18 ppIndustrial Conglomerates0.59%-0.17 ppAgricultural & Farm Machinery0.29%-0.15 ppEnvironmental & Facilities Services0.52%+0.11 ppIndustrial Machinery & Supplies & Components1.26%+0.10 ppDiversified Support Services0.24%+0.10 ppElectrical Components & Equipment0.72%+0.07 ppConstruction Machinery & Heavy Transportation Equipment0.83%+0.07 ppHuman Resource & Employment Services0.42%-0.04 ppPassenger Airlines0.18%-0.04 ppTrading Companies & Distributors0.19%+0.03 ppRail Transportation0.82%-0.03 ppConstruction & Engineering0.14%+0.02 ppResearch & Consulting Services0.20%+0.02 ppBuilding Products0.54%+0.01 ppData Processing & Outsourced Services0.07%+0.01 ppHeavy Electrical Equipment0.02%-0.01 ppCargo Ground Transportation0.13%-0.00 pp
3 · Sub-industry
Inside Aerospace & Defense
Aerospace & Defense · weight
2.33%
Industry change · 12M
-0.18 pp
Aerospace & Defense · contribution
-0.184 pp
Company participation
67%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 2024 · 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 | $119.0bn | 0.341% | -0.024 pp | -0.164 pp | -6.1% | No |
| GE Aerospace → GE | United States | $136.3bn | 0.390% | +0.061 pp | +0.132 pp | +85.8% | Yes |
| Lockheed Martin → LMT | United States | $103.5bn | 0.297% | -0.050 pp | -0.129 pp | -7.2% | No |
| Boeing → BA | United States | $124.3bn | 0.356% | -0.081 pp | -0.068 pp | +1.1% | No |
| Axon Enterprise → AXON | United States | $23.1bn | 0.066% | +0.013 pp | +0.066 pp | +53.4% | Yes |
| Northrop Grumman → NOC | United States | $69.2bn | 0.198% | -0.025 pp | -0.052 pp | +1.0% | No |
| TransDigm Group → TDG | United States | $65.5bn | 0.188% | +0.022 pp | +0.045 pp | +64.1% | Yes |
| L3Harris → LHX | United States | $40.2bn | 0.115% | +0.003 pp | -0.026 pp | +2.7% | Yes |
| Howmet Aerospace → HWM | United States | $27.3bn | 0.078% | +0.011 pp | +0.017 pp | +58.3% | Yes |
| General Dynamics → GD | United States | $74.9bn | 0.215% | +0.004 pp | -0.005 pp | +22.7% | Yes |
| Textron → TXT | United States | $17.2bn | 0.049% | +0.002 pp | -0.003 pp | +22.9% | Yes |
| Huntington Ingalls Industries → HII | United States | $11.5bn | 0.033% | +0.004 pp | +0.003 pp | +38.5% | 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.