Packaged Foods & Meats
Packaged Foods & Meats is losing market weight. Lost weight for 2 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 79% 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
Jul 2019 – Jun 2024 · 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 |
|---|---|---|---|---|---|---|
| Mondelez International → MDLZ | Packaged Foods & Meats | United States | 0.165% | -0.065 pp | -8.1% | 0.0 |
| Hershey Company (The) → HSY | Packaged Foods & Meats | United States | 0.077% | -0.052 pp | -24.5% | 0.0 |
| General Mills → GIS | Packaged Foods & Meats | United States | 0.066% | -0.038 pp | -14.6% | 0.0 |
| Kraft Heinz → KHC | Packaged Foods & Meats | United States | 0.073% | -0.027 pp | -4.9% | 0.0 |
| J.M. Smucker Company (The) → SJM | Packaged Foods & Meats | United States | 0.022% | -0.013 pp | -23.5% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jun 2024 | 0.403% | -0.036 pp | -0.250 pp | -0.301 pp | -0.195 pp | -27.2% |
| May 2024 | 0.439% | -0.252 pp | -0.227 pp | -0.278 pp | -0.228 pp | -28.0% |
| Apr 2024 | 0.691% | +0.038 pp | -0.029 pp | -0.057 pp | -0.262 pp | -24.4% |
| Mar 2024 | 0.653% | -0.013 pp | -0.051 pp | -0.116 pp | -0.256 pp | -25.1% |
| Feb 2024 | 0.666% | -0.054 pp | -0.051 pp | -0.099 pp | -0.222 pp | -22.1% |
| Jan 2024 | 0.720% | +0.016 pp | -0.029 pp | +0.162 pp | -0.142 pp | -12.6% |
| Dec 2023 | 0.704% | -0.013 pp | -0.065 pp | +0.106 pp | -0.231 pp | -22.8% |
| Nov 2023 | 0.717% | -0.031 pp | -0.048 pp | +0.050 pp | -0.166 pp | -17.8% |
| Oct 2023 | 0.749% | -0.020 pp | +0.190 pp | -0.205 pp | -0.136 pp | -17.4% |
| Sep 2023 | 0.769% | +0.004 pp | +0.171 pp | -0.140 pp | -0.117 pp | -12.5% |
| Aug 2023 | 0.765% | +0.207 pp | +0.098 pp | -0.123 pp | -0.100 pp | -10.0% |
| Jul 2023 | 0.558% | -0.040 pp | -0.395 pp | -0.303 pp | -0.276 pp | -3.0% |
| Jun 2023 | 0.598% | -0.069 pp | -0.310 pp | -0.336 pp | -0.333 pp | -3.6% |
| May 2023 | 0.667% | -0.286 pp | -0.221 pp | -0.216 pp | -0.187 pp | +16.6% |
| Apr 2023 | 0.953% | +0.044 pp | +0.092 pp | +0.068 pp | +0.051 pp | +14.5% |
| Mar 2023 | 0.909% | +0.021 pp | -0.026 pp | +0.023 pp | +0.103 pp | +24.5% |
| Feb 2023 | 0.888% | +0.026 pp | +0.005 pp | +0.023 pp | +0.057 pp | +19.6% |
| Jan 2023 | 0.862% | -0.073 pp | -0.023 pp | +0.028 pp | +0.061 pp | +19.7% |
| Dec 2022 | 0.935% | +0.052 pp | +0.049 pp | +0.004 pp | +0.182 pp | +40.5% |
| Nov 2022 | 0.883% | -0.002 pp | +0.018 pp | +0.028 pp | +0.159 pp | +42.1% |
| Oct 2022 | 0.885% | -0.001 pp | +0.051 pp | -0.017 pp | +0.154 pp | +47.8% |
| Sep 2022 | 0.886% | +0.021 pp | -0.045 pp | +0.081 pp | +0.137 pp | +38.2% |
| Aug 2022 | 0.865% | +0.031 pp | +0.010 pp | +0.034 pp | +0.132 pp | +36.5% |
| Jul 2022 | 0.834% | -0.097 pp | -0.068 pp | +0.033 pp | +0.061 pp | +24.7% |
| Jun 2022 | 0.931% | +0.077 pp | +0.126 pp | +0.178 pp | +0.128 pp | +29.1% |
| May 2022 | 0.855% | -0.047 pp | +0.024 pp | +0.131 pp | +0.015 pp | +12.7% |
| Apr 2022 | 0.902% | +0.096 pp | +0.101 pp | +0.171 pp | +0.089 pp | +22.5% |
| Mar 2022 | 0.805% | -0.025 pp | +0.052 pp | +0.056 pp | +0.379 pp | +6.6% |
| Feb 2022 | 0.831% | +0.030 pp | +0.107 pp | +0.098 pp | +0.435 pp | +16.5% |
| Jan 2022 | 0.801% | +0.048 pp | +0.070 pp | +0.028 pp | +0.318 pp | +8.5% |
| Dec 2021 | 0.753% | +0.029 pp | +0.004 pp | -0.050 pp | -0.094 pp | -1.2% |
| Nov 2021 | 0.724% | -0.007 pp | -0.009 pp | -0.115 pp | -0.151 pp | -9.3% |
| Oct 2021 | 0.731% | -0.018 pp | -0.042 pp | -0.081 pp | -0.183 pp | -13.6% |
| Sep 2021 | 0.750% | +0.017 pp | -0.054 pp | +0.323 pp | +0.749 pp | -13.0% |
| Aug 2021 | 0.733% | -0.041 pp | -0.107 pp | +0.337 pp | +0.731 pp | -16.4% |
| Jul 2021 | 0.773% | -0.030 pp | -0.039 pp | +0.290 pp | +0.772 pp | -14.1% |
| Jun 2021 | 0.804% | -0.036 pp | +0.377 pp | -0.043 pp | +0.803 pp | -10.9% |
| May 2021 | 0.839% | +0.027 pp | +0.443 pp | -0.036 pp | +0.838 pp | -11.3% |
| Apr 2021 | 0.812% | +0.386 pp | +0.330 pp | -0.101 pp | -0.248 pp | -16.4% |
| Mar 2021 | 0.427% | +0.031 pp | -0.420 pp | +0.426 pp | +0.426 pp | -16.9% |
| Feb 2021 | 0.396% | -0.087 pp | -0.479 pp | +0.395 pp | +0.395 pp | -12.0% |
| Jan 2021 | 0.483% | -0.364 pp | -0.431 pp | +0.482 pp | -0.486 pp | -10.0% |
| Dec 2020 | 0.847% | -0.028 pp | +0.846 pp | +0.846 pp | -0.113 pp | -5.2% |
| Nov 2020 | 0.875% | -0.038 pp | +0.874 pp | +0.874 pp | -0.083 pp | -2.8% |
| Oct 2020 | 0.914% | +0.913 pp | +0.913 pp | -0.147 pp | -0.080 pp | -0.7% |
| Sep 2020 | 0.001% | -0.000 pp | -0.000 pp | +0.000 pp | -1.032 pp | -3.2% |
| Aug 2020 | 0.001% | +0.000 pp | -0.000 pp | +0.000 pp | -1.036 pp | -1.3% |
| Jul 2020 | 0.001% | -0.000 pp | -1.060 pp | -0.968 pp | -1.035 pp | +1.1% |
| Jun 2020 | 0.001% | -0.000 pp | +0.000 pp | -0.959 pp | -1.024 pp | +1.3% |
| May 2020 | 0.001% | -1.060 pp | +0.000 pp | -0.957 pp | -1.047 pp | +5.0% |
| Apr 2020 | 1.061% | +1.060 pp | +0.092 pp | +0.067 pp | +0.021 pp | +11.2% |
| Mar 2020 | 0.001% | +0.000 pp | -0.959 pp | -1.032 pp | -1.044 pp | +12.6% |
| Feb 2020 | 0.001% | -0.968 pp | -0.958 pp | -1.036 pp | -1.005 pp | +2.3% |
| Jan 2020 | 0.969% | +0.009 pp | -0.025 pp | -0.068 pp | +0.349 pp | -6.7% |
| Dec 2019 | 0.960% | +0.002 pp | -0.072 pp | -0.065 pp | +0.358 pp | -5.3% |
| Nov 2019 | 0.959% | -0.035 pp | -0.078 pp | -0.089 pp | +0.330 pp | -8.5% |
| Oct 2019 | 0.994% | -0.039 pp | -0.043 pp | -0.046 pp | +0.348 pp | -8.2% |
| Sep 2019 | 1.033% | -0.004 pp | +0.007 pp | -0.012 pp | +0.426 pp | +4.2% |
| Aug 2019 | 1.037% | +0.000 pp | -0.011 pp | +0.031 pp | +0.406 pp | +1.2% |
| Jul 2019 | 1.036% | +0.011 pp | -0.004 pp | +0.416 pp | -0.124 pp | -1.3% |
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.