Packaged Foods & Meats
Packaged Foods & Meats 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 84% 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 – Sep 2018 · 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 |
|---|---|---|---|---|---|---|
| Kraft Heinz → KHC | Packaged Foods & Meats | United States | 0.214% | -0.331 pp | -27.5% | 0.0 |
| Mondelez International → MDLZ | Packaged Foods & Meats | United States | 0.201% | -0.178 pp | -1.6% | 0.0 |
| General Mills → GIS | Packaged Foods & Meats | United States | 0.082% | -0.108 pp | -25.0% | 0.0 |
| Hershey Company (The) → HSY | Packaged Foods & Meats | United States | 0.073% | -0.068 pp | -5.6% | 0.0 |
| J.M. Smucker Company (The) → SJM | Packaged Foods & Meats | United States | 0.037% | -0.045 pp | -17.4% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Sep 2018 | 0.606% | -0.024 pp | -0.585 pp | -0.620 pp | -0.730 pp | -15.7% |
| Aug 2018 | 0.630% | -0.531 pp | -0.489 pp | -0.641 pp | -0.706 pp | -13.0% |
| Jul 2018 | 1.161% | -0.031 pp | +0.018 pp | -0.175 pp | -0.175 pp | -11.2% |
| Jun 2018 | 1.191% | +0.072 pp | -0.035 pp | -0.145 pp | -0.145 pp | -10.0% |
| May 2018 | 1.119% | -0.023 pp | -0.152 pp | -0.217 pp | -0.217 pp | -15.6% |
| Apr 2018 | 1.143% | -0.084 pp | -0.194 pp | -0.194 pp | -0.194 pp | -15.2% |
| Mar 2018 | 1.227% | -0.045 pp | -0.110 pp | -0.110 pp | -0.110 pp | -8.6% |
| Feb 2018 | 1.271% | -0.065 pp | -0.065 pp | -0.065 pp | -0.065 pp | -5.0% |
| Jan 2018 | 1.336% | +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.