Universe›Consumer Discretionary›Automobile Manufacturers
Observatory · observe first

Automobile Manufacturers

Automobile Manufacturers is gaining market weight. Gained weight for 3 consecutive months.

Historical time machine
Historical observation
20182026
Reversing upwardConcentrated

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

Universe weight
1.82%
$0.54T
12-month change
+1.41 pp
6-month change
+0.60 pp
3-month change
+0.61 pp
Company participation
100%
above their 6M weight average

Where did the weight change come from?

12-month contribution in universe percentage points · contributions add to the industry change

Company attribution
All other companies+0.115 pp
Industry total+1.410 pp

The three largest same-direction contributors explain 100% of gross gains. Opposing contributions can make an individual company’s change larger than the industry’s net change.

How has it moved through history?

Share of matched S&P 500 members

Jan 2018 – Nov 2021 · market weight (%)

0.10.91.82018201920202021

Relative performance

Industry return versus ACWI · no future data shown

61871132018201920202021

Is participation broad or concentrated?

Actual constituent counts at this date, not the legacy synthetic breadth proxy

Above their 3M universe-weight average100%
Above their 6M universe-weight average100%
Above their 12M universe-weight average100%
Top 5 share of current industry market cap100.0%

This is size concentration, not contribution to the 12-month change. The attribution above measures the latter.

Evidence can disagree

Independent dimensions · no combined score or bullish/bearish verdict

Allocation · 12M+1.41 pp
Relative strength · 12M+31.2%
Price index return · 12M+56.9%
Earnings revisions · unavailable0.0
Allocation gained weight while relative performance rose. At least half of constituents are above their 6M weight average. These observations need not agree.
Other evidence and availability

Valuation data: unavailable; shown as zero placeholder.

Attention data: unavailable; shown as zero placeholder.

Actual fund flows: unavailable. No ETF, mutual-fund or institutional flow feed is connected.

Volume / turnover: unavailable in this dataset.

Follow the contribution to individual companies

Sorted by absolute 12-month weight contribution, not investment merit

CompanySub-industryCountryUniverse weight12M contribution12M price returnRevisions
Tesla, Inc. →
TSLA
Automobile ManufacturersUnited States1.295%+1.295 pp+101.7%0.0
Ford Motor Company →
F
Automobile ManufacturersUnited States0.242%+0.098 pp+112.4%0.0
General Motors →
GM
Automobile ManufacturersUnited States0.284%+0.017 pp+32.0%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Nov 20211.820%+0.098 pp+0.608 pp+0.601 pp+1.410 pp+31.2%
Oct 20211.722%+0.370 pp+0.484 pp+0.445 pp+1.352 pp+35.4%
Sep 20211.352%+0.140 pp+0.086 pp+0.683 pp+1.352 pp+28.3%
Aug 20211.212%-0.026 pp-0.007 pp+0.545 pp+1.212 pp+18.0%
Jul 20211.239%-0.028 pp-0.039 pp+0.370 pp+1.238 pp+27.6%
Jun 20211.266%+0.047 pp+0.597 pp-0.010 pp+1.266 pp+26.6%
May 20211.219%-0.058 pp+0.552 pp+0.809 pp+1.219 pp+19.3%
Apr 20211.277%+0.608 pp+0.409 pp+0.907 pp+0.993 pp+37.0%
Mar 20210.669%+0.002 pp-0.607 pp+0.669 pp+0.669 pp+34.5%
Feb 20210.667%-0.201 pp+0.257 pp+0.667 pp+0.667 pp+7.7%
Jan 20210.868%-0.408 pp+0.498 pp+0.868 pp+0.471 pp+12.7%
Dec 20201.276%+0.866 pp+1.276 pp+1.276 pp+0.850 pp-7.5%
Nov 20200.410%+0.040 pp+0.410 pp+0.410 pp-0.019 pp+0.6%
Oct 20200.370%+0.370 pp+0.370 pp+0.086 pp-0.073 pp-10.9%
Sep 20200.000%-0.000 pp+0.000 pp+0.000 pp-0.465 pp-28.9%
Aug 20200.000%+0.000 pp+0.000 pp+0.000 pp-0.474 pp-31.1%
Jul 20200.000%-0.000 pp-0.284 pp-0.397 pp-0.493 pp-37.8%
Jun 20200.000%-0.000 pp+0.000 pp-0.426 pp-0.500 pp-35.7%
May 20200.000%-0.284 pp+0.000 pp-0.429 pp-0.482 pp-30.6%
Apr 20200.284%+0.284 pp-0.113 pp-0.159 pp-0.240 pp-40.5%
Mar 20200.000%-0.000 pp-0.426 pp-0.465 pp-0.488 pp-34.1%
Feb 20200.000%-0.397 pp-0.429 pp-0.474 pp-0.512 pp-21.3%
Jan 20200.398%-0.029 pp-0.046 pp-0.096 pp+0.108 pp-17.1%
Dec 20190.427%-0.003 pp-0.039 pp-0.074 pp+0.156 pp-5.3%
Nov 20190.429%-0.014 pp-0.045 pp-0.053 pp+0.135 pp-11.7%
Oct 20190.444%-0.022 pp-0.050 pp-0.081 pp+0.148 pp-9.7%
Sep 20190.466%-0.008 pp-0.035 pp-0.023 pp+0.204 pp+10.0%
Aug 20190.474%-0.020 pp-0.008 pp-0.038 pp+0.196 pp+5.7%
Jul 20190.494%-0.007 pp-0.031 pp+0.204 pp-0.037 pp+4.0%
Jun 20190.500%+0.018 pp+0.012 pp+0.229 pp-0.087 pp-5.1%
May 20190.482%-0.043 pp-0.030 pp+0.188 pp-0.144 pp-15.1%
Apr 20190.525%+0.036 pp+0.235 pp+0.229 pp-0.051 pp-0.5%
Mar 20190.488%-0.024 pp+0.218 pp+0.227 pp-0.078 pp-6.0%
Feb 20190.512%+0.222 pp+0.218 pp+0.234 pp-0.056 pp-2.0%
Jan 20190.290%+0.019 pp-0.006 pp-0.240 pp-0.287 pp-1.4%
Dec 20180.271%-0.024 pp+0.010 pp-0.316 pp-0.306 pp-8.8%
Nov 20180.294%-0.001 pp+0.016 pp-0.332 pp-0.282 pp-1.6%
Oct 20180.296%+0.035 pp-0.235 pp-0.280 pp-0.281 pp-1.6%
Sep 20180.261%-0.017 pp-0.326 pp-0.305 pp-0.316 pp-15.0%
Aug 20180.278%-0.252 pp-0.348 pp-0.290 pp-0.299 pp-10.6%
Jul 20180.530%-0.057 pp-0.045 pp-0.047 pp-0.047 pp-5.1%
Jun 20180.587%-0.039 pp+0.021 pp+0.010 pp+0.010 pp+3.6%
May 20180.626%+0.051 pp+0.059 pp+0.049 pp+0.049 pp+9.3%
Apr 20180.576%+0.010 pp-0.001 pp-0.001 pp-0.001 pp-0.3%
Mar 20180.566%-0.002 pp-0.011 pp-0.011 pp-0.011 pp-1.8%
Feb 20180.568%-0.009 pp-0.009 pp-0.009 pp-0.009 pp-1.2%
Jan 20180.577%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+0.0%
How are these descriptive states defined?

Gaining / losing: 12-month weight change above +0.005pp / below −0.005pp. Direction and speed are separate dimensions, not mutually exclusive recommendations.

Accelerating / slowing: compare the most recent 3M change with the preceding 3M change. Accelerating means a positive change speeds up by >0.02pp. Slowing means the magnitude of movement declines by >0.02pp. A falling industry can also slow.

Reversing: the last two 3M changes have opposite signs, outside a ±0.005pp tolerance. Persistence counts consecutive same-direction monthly changes.

Broad / concentrated: company attribution, not a market-cap concentration shortcut. Concentrated means the three largest same-direction contributors account for ≥70% of gross same-direction changes; otherwise broad requires ≥60% of constituents moving with the industry. Other cases are mixed.

Weights use matched S&P 500 members’ market-cap estimates, based on SEC-reported shares available by each month-end and monthly closing prices. Companies without a matched price or share record are omitted, so the denominator is the matched sample rather than every index member. These are not official float-adjusted S&P weights. Flow is not measured.