Home Improvement Retail
Home Improvement Retail is losing market weight. Lost weight for 3 consecutive months.
Most of this industry's losses came from a few companies.
Where did the weight change come from?
12-month contribution in universe percentage points · contributions add to the industry change
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 2021 · market weight (%)
Relative performance
Industry return versus ACWI · no future data shown
Is participation broad or concentrated?
Actual constituent counts at this date, not the legacy synthetic breadth proxy
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
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
| Company | Sub-industry | Country | Universe weight | 12M contribution | 12M price return | Revisions |
|---|---|---|---|---|---|---|
| Home Depot (The) → HD | Home Improvement Retail | United States | 0.698% | -0.529 pp | +21.5% | 0.0 |
| Lowe's → LOW | Home Improvement Retail | United States | 0.293% | -0.147 pp | +45.9% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jan 2021 | 0.991% | -0.642 pp | -0.934 pp | +0.989 pp | -0.676 pp | +8.7% |
| Dec 2020 | 1.633% | -0.120 pp | +1.631 pp | +1.631 pp | +0.014 pp | +9.8% |
| Nov 2020 | 1.753% | -0.172 pp | +1.751 pp | +1.751 pp | +0.085 pp | +13.6% |
| Oct 2020 | 1.925% | +1.923 pp | +1.923 pp | +0.160 pp | +0.137 pp | +17.3% |
| Sep 2020 | 0.002% | -0.000 pp | +0.000 pp | +0.001 pp | -1.798 pp | +17.9% |
| Aug 2020 | 0.002% | +0.000 pp | +0.000 pp | +0.001 pp | -1.833 pp | +14.8% |
| Jul 2020 | 0.002% | -0.000 pp | -1.763 pp | -1.665 pp | -1.672 pp | +23.7% |
| Jun 2020 | 0.002% | -0.000 pp | +0.001 pp | -1.617 pp | -1.657 pp | +24.3% |
| May 2020 | 0.002% | -1.763 pp | +0.001 pp | -1.666 pp | -1.647 pp | +29.2% |
| Apr 2020 | 1.765% | +1.764 pp | +0.098 pp | -0.023 pp | +0.010 pp | +12.4% |
| Mar 2020 | 0.001% | +0.000 pp | -1.618 pp | -1.799 pp | -1.720 pp | +5.9% |
| Feb 2020 | 0.001% | -1.666 pp | -1.667 pp | -1.834 pp | -1.700 pp | +11.0% |
| Jan 2020 | 1.667% | +0.048 pp | -0.121 pp | -0.007 pp | +0.729 pp | +9.4% |
| Dec 2019 | 1.619% | -0.049 pp | -0.181 pp | -0.040 pp | +0.660 pp | +3.4% |
| Nov 2019 | 1.668% | -0.120 pp | -0.167 pp | +0.019 pp | +0.738 pp | +10.3% |
| Oct 2019 | 1.788% | -0.012 pp | +0.114 pp | +0.033 pp | +0.845 pp | +17.1% |
| Sep 2019 | 1.800% | -0.035 pp | +0.141 pp | +0.079 pp | +0.750 pp | +8.4% |
| Aug 2019 | 1.835% | +0.161 pp | +0.186 pp | +0.134 pp | +0.807 pp | +12.9% |
| Jul 2019 | 1.674% | +0.014 pp | -0.081 pp | +0.735 pp | -0.128 pp | +6.0% |
| Jun 2019 | 1.659% | +0.011 pp | -0.062 pp | +0.700 pp | -0.179 pp | +2.7% |
| May 2019 | 1.649% | -0.106 pp | -0.052 pp | +0.719 pp | -0.133 pp | +3.7% |
| Apr 2019 | 1.755% | +0.033 pp | +0.816 pp | +0.812 pp | +0.022 pp | +12.8% |
| Mar 2019 | 1.722% | +0.021 pp | +0.763 pp | +0.671 pp | +0.010 pp | +11.6% |
| Feb 2019 | 1.701% | +0.763 pp | +0.771 pp | +0.673 pp | -0.020 pp | +8.3% |
| Jan 2019 | 0.938% | -0.021 pp | -0.005 pp | -0.864 pp | -0.895 pp | +0.6% |
| Dec 2018 | 0.959% | +0.029 pp | -0.092 pp | -0.880 pp | -0.875 pp | +2.4% |
| Nov 2018 | 0.930% | -0.013 pp | -0.098 pp | -0.852 pp | -0.904 pp | -1.1% |
| Oct 2018 | 0.943% | -0.108 pp | -0.859 pp | -0.789 pp | -0.891 pp | -1.5% |
| Sep 2018 | 1.051% | +0.023 pp | -0.788 pp | -0.661 pp | -0.783 pp | +8.0% |
| Aug 2018 | 1.028% | -0.774 pp | -0.754 pp | -0.693 pp | -0.806 pp | +4.6% |
| Jul 2018 | 1.802% | -0.037 pp | +0.069 pp | -0.032 pp | -0.032 pp | +1.2% |
| Jun 2018 | 1.839% | +0.057 pp | +0.126 pp | +0.005 pp | +0.005 pp | +2.2% |
| May 2018 | 1.782% | +0.049 pp | +0.061 pp | -0.052 pp | -0.052 pp | -1.9% |
| Apr 2018 | 1.732% | +0.020 pp | -0.101 pp | -0.101 pp | -0.101 pp | -5.9% |
| Mar 2018 | 1.712% | -0.009 pp | -0.122 pp | -0.122 pp | -0.122 pp | -6.7% |
| Feb 2018 | 1.721% | -0.113 pp | -0.113 pp | -0.113 pp | -0.113 pp | -6.5% |
| Jan 2018 | 1.834% | +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.