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 Technology41.0%+4.61 ppIndustrials10.3%+0.34 ppEnergy2.4%+0.09 ppMaterials2.1%-0.14 ppUtilities2.5%-0.22 ppReal Estate2.0%-0.28 ppConsumer Discretionary11.2%-0.41 ppHealth Care10.4%-0.48 ppCommunication Services2.2%-0.51 ppConsumer Staples5.7%-1.01 ppFinancials10.3%-1.99 pp

2 · Industry

Inside Materials

Paper & Plastic Packaging Products & Materials0.17%-0.14 ppConstruction Materials0.25%+0.11 ppIndustrial Gases0.53%-0.08 ppSpecialty Chemicals0.42%-0.08 ppSteel0.15%+0.04 ppGold0.17%+0.03 ppFertilizers & Agricultural Chemicals0.14%-0.03 ppCopper0.16%+0.02 ppCommodity Chemicals0.03%-0.01 ppMetal, Glass & Plastic Containers0.03%-0.00 pp

3 · Sub-industry

Inside Industrial Gases

Industrial Gases0.53%-0.082 pp
Concentrated

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

View all contributions →
Industrial Gases · weight
0.53%
Industry change · 12M
-0.08 pp
Industrial Gases · contribution
-0.082 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

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Linde plc →
LIN
United States$240.1bn0.417%+0.083 pp-0.060 pp+12.1%Yes
Air Products →
APD
United States$65.3bn0.113%+0.019 pp-0.022 pp+6.7%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.