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 & Defense2.59%+0.31 ppIndustrial Machinery & Supplies & Components0.92%-0.19 ppHeavy Electrical Equipment0.35%+0.17 ppAir Freight & Logistics0.27%-0.15 ppRail Transportation0.55%-0.09 ppDiversified Support Services0.30%+0.08 ppIndustrial Conglomerates0.51%-0.08 ppConstruction & Engineering0.22%+0.08 ppTrading Companies & Distributors0.24%+0.06 ppCargo Ground Transportation0.09%-0.05 ppHuman Resource & Employment Services0.33%-0.05 ppPassenger Ground Transportation0.41%+0.04 ppBuilding Products0.54%-0.04 ppResearch & Consulting Services0.13%-0.04 ppEnvironmental & Facilities Services0.43%-0.03 ppAgricultural & Farm Machinery0.25%-0.02 ppElectrical Components & Equipment0.61%-0.01 ppPassenger Airlines0.17%+0.01 ppConstruction Machinery & Heavy Transportation Equipment0.74%-0.00 ppData Processing & Outsourced Services0.06%-0.00 pp
3 · Sub-industry
Inside Air Freight & Logistics
Air Freight & Logistics · weight
0.27%
Industry change · 12M
-0.15 pp
Air Freight & Logistics · contribution
-0.152 pp
Company participation
25%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Sep 2025 · 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 | $59.6bn | 0.119% | -0.036 pp | -0.107 pp | -34.8% | No |
| FedEx → FDX | United States | $44.8bn | 0.090% | -0.005 pp | -0.036 pp | -11.8% | No |
| Expeditors International → EXPD | United States | $16.6bn | 0.033% | -0.000 pp | -0.010 pp | -5.5% | No |
| C.H. Robinson → CHRW | United States | $15.6bn | 0.031% | +0.007 pp | +0.001 pp | +22.8% | 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.