Universe›Consumer Discretionary›Automotive Parts & Equipment
Observatory · observe first

Automotive Parts & Equipment

Automotive Parts & Equipment is losing market weight. Gained weight for 1 consecutive month.

Historical time machine
Historical observation
20182026
SlowingConcentrated

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

Universe weight
0.07%
$0.02T
12-month change
-0.08 pp
6-month change
-0.08 pp
3-month change
+0.00 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
Aptiv →-0.075 pp
All other companies+0.000 pp
Industry total-0.075 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

Jan 2018 – Jan 2019 · market weight (%)

0.10.10.220182019

Relative performance

Industry return versus ACWI · no future data shown

779210820182019

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 average0%
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-0.08 pp
Relative strength · 12M-9.8%
Price index return · 12M-16.2%
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
Aptiv →
APTV
Automotive Parts & EquipmentUnited States0.069%-0.075 pp-16.2%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Jan 20190.069%+0.011 pp+0.000 pp-0.083 pp-0.075 pp-9.8%
Dec 20180.058%-0.005 pp-0.013 pp-0.089 pp-0.086 pp-24.2%
Nov 20180.063%-0.006 pp-0.012 pp-0.094 pp-0.081 pp-17.8%
Oct 20180.069%-0.002 pp-0.083 pp-0.070 pp-0.075 pp-10.8%
Sep 20180.071%-0.004 pp-0.076 pp-0.068 pp-0.073 pp-9.8%
Aug 20180.075%-0.076 pp-0.081 pp-0.070 pp-0.069 pp-4.8%
Jul 20180.151%+0.004 pp+0.013 pp+0.008 pp+0.008 pp+6.8%
Jun 20180.147%-0.009 pp+0.009 pp+0.003 pp+0.003 pp+2.8%
May 20180.157%+0.018 pp+0.011 pp+0.013 pp+0.013 pp+8.8%
Apr 20180.138%-0.000 pp-0.006 pp-0.006 pp-0.006 pp-5.4%
Mar 20180.139%-0.007 pp-0.005 pp-0.005 pp-0.005 pp-4.6%
Feb 20180.145%+0.002 pp+0.002 pp+0.002 pp+0.002 pp+1.0%
Jan 20180.144%+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.