Universe›Consumer Discretionary›Automobile Manufacturers
Observatory · observe first

Automobile Manufacturers

Automobile Manufacturers is losing market weight. Lost weight for 1 consecutive month.

Historical time machine
Historical observation
20182026
AcceleratingConcentrated

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

Universe weight
2.43%
$0.71T
12-month change
-0.50 pp
6-month change
+0.36 pp
3-month change
+0.35 pp
Company participation
67%
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-0.120 pp
Industry total-0.499 pp

The three largest same-direction contributors explain 100% of gross losses. 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

Nov 2018 – Oct 2023 · market weight (%)

0.11.52.920192020202120222023

Relative performance

Industry return versus ACWI · no future data shown

528211220192020202120222023

Is participation broad or concentrated?

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

Above their 3M universe-weight average0%
Above their 6M universe-weight average67%
Above their 12M universe-weight average33%
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-0.50 pp
Relative strength · 12M-21.5%
Price index return · 12M-13.1%
Earnings revisions · unavailable0.0
Allocation lost weight while relative performance fell. 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 States2.171%-0.379 pp-11.7%0.0
General Motors →
GM
Automobile ManufacturersUnited States0.131%-0.067 pp-27.4%0.0
Ford Motor Company →
F
Automobile ManufacturersUnited States0.124%-0.053 pp-18.6%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Oct 20232.425%-0.533 pp+0.353 pp+0.362 pp-0.499 pp-21.5%
Sep 20232.958%+0.057 pp+0.785 pp+0.384 pp+1.522 pp-15.7%
Aug 20232.901%+0.829 pp+1.083 pp+0.265 pp+1.469 pp-16.4%
Jul 20232.072%-0.101 pp+0.009 pp-0.163 pp+0.636 pp-15.0%
Jun 20232.173%+0.355 pp-0.401 pp+0.441 pp+0.930 pp+5.4%
May 20231.819%-0.245 pp-0.818 pp-0.639 pp+0.491 pp-17.5%
Apr 20232.064%-0.511 pp-0.172 pp-0.861 pp+0.586 pp-39.1%
Mar 20232.574%-0.062 pp+0.842 pp+1.138 pp+0.899 pp-31.8%
Feb 20232.636%+0.401 pp+0.178 pp+1.203 pp+1.134 pp-21.1%
Jan 20232.236%+0.503 pp-0.689 pp+0.799 pp+0.669 pp-37.7%
Dec 20221.733%-0.725 pp+0.296 pp+0.489 pp+0.079 pp-53.5%
Nov 20222.458%-0.467 pp+1.025 pp+1.130 pp+0.638 pp-38.2%
Oct 20222.924%+1.488 pp+1.488 pp+1.447 pp+1.202 pp-18.6%
Sep 20221.437%+0.004 pp+0.193 pp-0.239 pp+0.084 pp+15.4%
Aug 20221.433%-0.003 pp+0.105 pp-0.070 pp+0.221 pp+27.1%
Jul 20221.436%+0.193 pp-0.042 pp-0.130 pp+0.198 pp+24.4%
Jun 20221.244%-0.084 pp-0.432 pp-0.410 pp-0.023 pp+0.5%
May 20221.327%-0.150 pp-0.175 pp-0.493 pp+0.109 pp+10.9%
Apr 20221.478%-0.198 pp-0.089 pp-0.244 pp+0.201 pp+17.1%
Mar 20221.676%+0.173 pp+0.022 pp+0.323 pp+1.006 pp+29.7%
Feb 20221.503%-0.064 pp-0.317 pp+0.291 pp+0.836 pp+14.7%
Jan 20221.567%-0.087 pp-0.156 pp+0.328 pp+0.698 pp+8.7%
Dec 20211.654%-0.166 pp+0.302 pp+0.388 pp+0.378 pp+32.5%
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%
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.