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 Technology39.9%+2.38 ppEnergy2.7%+0.38 ppHealth Care10.6%+0.37 ppMaterials2.0%-0.11 ppIndustrials9.9%-0.12 ppReal Estate2.1%-0.17 ppCommunication Services2.2%-0.23 ppUtilities2.5%-0.34 ppConsumer Discretionary11.3%-0.38 ppConsumer Staples5.9%-0.60 ppFinancials10.9%-1.19 pp

2 · Industry

Inside Materials

Paper & Plastic Packaging Products & Materials0.18%-0.13 ppIndustrial Gases0.50%-0.09 ppConstruction Materials0.23%+0.08 ppSpecialty Chemicals0.42%-0.06 ppSteel0.17%+0.06 ppCopper0.16%+0.04 ppGold0.17%+0.03 ppFertilizers & Agricultural Chemicals0.14%-0.02 ppMetal, Glass & Plastic Containers0.03%-0.00 ppCommodity Chemicals0.04%+0.00 pp

3 · Sub-industry

Inside Industrial Gases

Industrial Gases0.50%-0.093 pp
Concentrated

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

View all contributions →
Industrial Gases · weight
0.50%
Industry change · 12M
-0.09 pp
Industrial Gases · contribution
-0.093 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jul 2026 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Linde plc →
LIN
United States$220.5bn0.385%+0.070 pp-0.072 pp+5.3%Yes
Air Products →
APD
United States$65.7bn0.115%+0.024 pp-0.020 pp+5.2%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.