Agricultural Products & Services
Agricultural Products & Services is losing market weight. No persistent monthly direction.
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 – Jun 2020 · 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 |
|---|---|---|---|---|---|---|
| Archer Daniels Midland → ADM | Agricultural Products & Services | United States | 0.000% | -0.123 pp | +1.3% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jun 2020 | 0.000% | -0.000 pp | +0.000 pp | -0.126 pp | -0.123 pp | -0.7% |
| May 2020 | 0.000% | -0.116 pp | +0.000 pp | -0.120 pp | -0.125 pp | +0.7% |
| Apr 2020 | 0.116% | +0.116 pp | -0.007 pp | -0.006 pp | -0.023 pp | -8.7% |
| Mar 2020 | 0.000% | +0.000 pp | -0.126 pp | -0.121 pp | -0.139 pp | -5.0% |
| Feb 2020 | 0.000% | -0.123 pp | -0.120 pp | -0.115 pp | -0.138 pp | -12.1% |
| Jan 2020 | 0.123% | -0.004 pp | +0.001 pp | +0.000 pp | +0.040 pp | -10.6% |
| Dec 2019 | 0.127% | +0.006 pp | +0.005 pp | +0.003 pp | +0.044 pp | -7.5% |
| Nov 2019 | 0.120% | -0.002 pp | +0.005 pp | -0.005 pp | +0.035 pp | -15.0% |
| Oct 2019 | 0.122% | +0.000 pp | -0.000 pp | -0.017 pp | +0.032 pp | -18.4% |
| Sep 2019 | 0.122% | +0.006 pp | -0.002 pp | -0.017 pp | +0.032 pp | -16.8% |
| Aug 2019 | 0.115% | -0.007 pp | -0.010 pp | -0.023 pp | +0.024 pp | -21.9% |
| Jul 2019 | 0.122% | -0.001 pp | -0.017 pp | +0.039 pp | -0.035 pp | -14.7% |
| Jun 2019 | 0.123% | -0.002 pp | -0.016 pp | +0.041 pp | -0.032 pp | -13.4% |
| May 2019 | 0.125% | -0.014 pp | -0.013 pp | +0.039 pp | -0.023 pp | -8.6% |
| Apr 2019 | 0.139% | +0.000 pp | +0.056 pp | +0.050 pp | -0.017 pp | -4.3% |
| Mar 2019 | 0.139% | +0.001 pp | +0.057 pp | +0.049 pp | -0.010 pp | -0.3% |
| Feb 2019 | 0.138% | +0.055 pp | +0.052 pp | +0.047 pp | -0.001 pp | +5.9% |
| Jan 2019 | 0.083% | +0.001 pp | -0.007 pp | -0.075 pp | -0.054 pp | +15.9% |
| Dec 2018 | 0.082% | -0.004 pp | -0.008 pp | -0.073 pp | -0.055 pp | +14.3% |
| Nov 2018 | 0.086% | -0.004 pp | -0.005 pp | -0.063 pp | -0.051 pp | +19.1% |
| Oct 2018 | 0.090% | -0.000 pp | -0.068 pp | -0.066 pp | -0.047 pp | +23.3% |
| Sep 2018 | 0.090% | -0.001 pp | -0.066 pp | -0.059 pp | -0.047 pp | +21.4% |
| Aug 2018 | 0.091% | -0.067 pp | -0.057 pp | -0.048 pp | -0.046 pp | +22.5% |
| Jul 2018 | 0.158% | +0.002 pp | +0.002 pp | +0.021 pp | +0.021 pp | +17.3% |
| Jun 2018 | 0.155% | +0.007 pp | +0.007 pp | +0.018 pp | +0.018 pp | +14.8% |
| May 2018 | 0.148% | -0.008 pp | +0.009 pp | +0.011 pp | +0.011 pp | +8.9% |
| Apr 2018 | 0.156% | +0.007 pp | +0.019 pp | +0.019 pp | +0.019 pp | +12.7% |
| Mar 2018 | 0.149% | +0.010 pp | +0.012 pp | +0.012 pp | +0.012 pp | +8.2% |
| Feb 2018 | 0.139% | +0.002 pp | +0.002 pp | +0.002 pp | +0.002 pp | +2.0% |
| Jan 2018 | 0.137% | +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.