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
Construction Machinery & Heavy Transportation Equipment1.21%+0.54 ppHeavy Electrical Equipment0.58%+0.25 ppConstruction & Engineering0.40%+0.24 ppElectrical Components & Equipment0.84%+0.21 ppHuman Resource & Employment Services0.22%-0.17 ppPassenger Ground Transportation0.26%-0.17 ppDiversified Support Services0.19%-0.15 ppEnvironmental & Facilities Services0.34%-0.14 ppAerospace & Defense2.45%-0.10 ppResearch & Consulting Services0.07%-0.09 ppIndustrial Conglomerates0.49%-0.08 ppIndustrial Machinery & Supplies & Components0.89%-0.08 ppBuilding Products0.54%-0.06 ppPassenger Airlines0.23%+0.06 ppTrading Companies & Distributors0.22%+0.06 ppData Processing & Outsourced Services0.03%-0.03 ppAir Freight & Logistics0.34%+0.03 ppCargo Ground Transportation0.13%+0.02 ppRail Transportation0.56%+0.00 ppAgricultural & Farm Machinery0.30%+0.00 pp
3 · Sub-industry
Inside Air Freight & Logistics
Air Freight & Logistics · weight
0.34%
Industry change · 12M
+0.03 pp
Air Freight & Logistics · contribution
+0.030 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jun 2026 · 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 |
|---|---|---|---|---|---|---|---|
| FedEx → FDX | United States | $74.7bn | 0.130% | +0.030 pp | +0.035 pp | +74.3% | Yes |
| United Parcel Service → UPS | United States | $76.7bn | 0.133% | +0.031 pp | -0.022 pp | +13.8% | Yes |
| C.H. Robinson → CHRW | United States | $22.2bn | 0.039% | +0.010 pp | +0.014 pp | +99.4% | Yes |
| Expeditors International → EXPD | United States | $21.3bn | 0.037% | +0.009 pp | +0.003 pp | +44.1% | 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.