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 & Defense2.09%-0.31 ppRail Transportation0.58%-0.24 ppHeavy Electrical Equipment0.23%+0.20 ppIndustrial Machinery & Supplies & Components1.03%-0.19 ppAir Freight & Logistics0.39%-0.18 ppDiversified Support Services0.34%+0.11 ppIndustrial Conglomerates0.58%-0.10 ppPassenger Ground Transportation0.29%-0.09 ppAgricultural & Farm Machinery0.26%-0.07 ppConstruction Machinery & Heavy Transportation Equipment0.70%-0.07 ppEnvironmental & Facilities Services0.43%-0.06 ppElectrical Components & Equipment0.63%-0.05 ppBuilding Products0.57%+0.05 ppPassenger Airlines0.21%+0.04 ppResearch & Consulting Services0.16%-0.03 ppHuman Resource & Employment Services0.38%-0.03 ppTrading Companies & Distributors0.15%-0.02 ppData Processing & Outsourced Services0.06%-0.01 ppConstruction & Engineering0.14%+0.01 ppCargo Ground Transportation0.12%-0.00 pp
3 · Sub-industry
Inside Human Resource & Employment Services
Human Resource & Employment Services · weight
0.38%
Industry change · 12M
-0.03 pp
Human Resource & Employment Services · contribution
-0.029 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 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 |
|---|---|---|---|---|---|---|---|
| Automatic Data Processing → ADP | United States | $119.3bn | 0.270% | +0.008 pp | -0.015 pp | +28.4% | Yes |
| Paychex → PAYX | United States | $50.5bn | 0.114% | +0.002 pp | -0.013 pp | +21.3% | 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.