Health Care Distributors
Health Care Distributors is gaining market weight. Gained weight for 3 consecutive months.
Most of this industry's gains 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 gains. 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 – Oct 2022 · 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 |
|---|---|---|---|---|---|---|
| McKesson Corporation → MCK | Health Care Distributors | United States | 0.199% | +0.091 pp | +88.6% | 0.0 |
| Cencora → COR | Health Care Distributors | United States | 0.116% | +0.031 pp | +32.0% | 0.0 |
| Cardinal Health → CAH | Health Care Distributors | United States | 0.073% | +0.027 pp | +64.3% | 0.0 |
| Henry Schein → HSIC | Health Care Distributors | United States | 0.033% | -0.003 pp | -10.3% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Oct 2022 | 0.421% | +0.012 pp | +0.052 pp | +0.040 pp | +0.147 pp | +91.6% |
| Sep 2022 | 0.409% | +0.007 pp | +0.013 pp | +0.052 pp | +0.126 pp | +72.5% |
| Aug 2022 | 0.402% | +0.033 pp | +0.016 pp | +0.063 pp | +0.125 pp | +72.5% |
| Jul 2022 | 0.369% | -0.027 pp | -0.012 pp | +0.058 pp | +0.074 pp | +48.2% |
| Jun 2022 | 0.396% | +0.010 pp | +0.040 pp | +0.105 pp | +0.111 pp | +58.7% |
| May 2022 | 0.387% | +0.006 pp | +0.047 pp | +0.116 pp | +0.097 pp | +51.9% |
| Apr 2022 | 0.380% | +0.024 pp | +0.069 pp | +0.106 pp | +0.081 pp | +43.1% |
| Mar 2022 | 0.356% | +0.017 pp | +0.065 pp | +0.073 pp | +0.194 pp | +26.6% |
| Feb 2022 | 0.339% | +0.028 pp | +0.069 pp | +0.062 pp | +0.196 pp | +34.7% |
| Jan 2022 | 0.311% | +0.020 pp | +0.037 pp | +0.017 pp | +0.133 pp | +15.2% |
| Dec 2021 | 0.291% | +0.021 pp | +0.008 pp | +0.006 pp | -0.005 pp | +10.3% |
| Nov 2021 | 0.271% | -0.004 pp | -0.006 pp | -0.020 pp | -0.049 pp | -6.1% |
| Oct 2021 | 0.274% | -0.009 pp | -0.020 pp | -0.025 pp | -0.038 pp | -4.9% |
| Sep 2021 | 0.283% | +0.006 pp | -0.002 pp | +0.121 pp | +0.283 pp | +0.7% |
| Aug 2021 | 0.277% | -0.018 pp | -0.013 pp | +0.134 pp | +0.276 pp | -2.3% |
| Jul 2021 | 0.294% | +0.009 pp | -0.005 pp | +0.116 pp | +0.294 pp | -5.1% |
| Jun 2021 | 0.285% | -0.005 pp | +0.123 pp | -0.011 pp | +0.285 pp | -12.6% |
| May 2021 | 0.290% | -0.009 pp | +0.147 pp | -0.029 pp | +0.290 pp | -14.7% |
| Apr 2021 | 0.299% | +0.137 pp | +0.121 pp | -0.013 pp | -0.068 pp | -7.9% |
| Mar 2021 | 0.162% | +0.019 pp | -0.134 pp | +0.162 pp | +0.162 pp | -9.1% |
| Feb 2021 | 0.143% | -0.035 pp | -0.176 pp | +0.143 pp | +0.143 pp | -10.4% |
| Jan 2021 | 0.178% | -0.118 pp | -0.134 pp | +0.178 pp | -0.159 pp | +0.3% |
| Dec 2020 | 0.296% | -0.023 pp | +0.296 pp | +0.296 pp | -0.033 pp | +1.8% |
| Nov 2020 | 0.319% | +0.007 pp | +0.319 pp | +0.319 pp | -0.035 pp | +0.8% |
| Oct 2020 | 0.312% | +0.312 pp | +0.312 pp | -0.055 pp | -0.030 pp | +4.1% |
| Sep 2020 | 0.000% | -0.000 pp | -0.000 pp | +0.000 pp | -0.350 pp | -0.1% |
| Aug 2020 | 0.000% | +0.000 pp | -0.000 pp | +0.000 pp | -0.352 pp | +0.9% |
| Jul 2020 | 0.000% | -0.000 pp | -0.367 pp | -0.337 pp | -0.363 pp | +7.6% |
| Jun 2020 | 0.000% | -0.000 pp | +0.000 pp | -0.328 pp | -0.366 pp | +11.4% |
| May 2020 | 0.000% | -0.367 pp | +0.000 pp | -0.354 pp | -0.359 pp | +19.9% |
| Apr 2020 | 0.368% | +0.367 pp | +0.030 pp | +0.025 pp | +0.017 pp | +20.4% |
| Mar 2020 | 0.000% | +0.000 pp | -0.328 pp | -0.350 pp | -0.360 pp | +23.7% |
| Feb 2020 | 0.000% | -0.337 pp | -0.354 pp | -0.352 pp | -0.389 pp | +2.6% |
| Jan 2020 | 0.337% | +0.009 pp | -0.005 pp | -0.026 pp | +0.119 pp | -3.9% |
| Dec 2019 | 0.329% | -0.026 pp | -0.021 pp | -0.037 pp | +0.114 pp | -4.3% |
| Nov 2019 | 0.355% | +0.012 pp | +0.003 pp | -0.005 pp | +0.121 pp | -4.5% |
| Oct 2019 | 0.343% | -0.007 pp | -0.020 pp | -0.007 pp | +0.109 pp | -8.0% |
| Sep 2019 | 0.350% | -0.002 pp | -0.016 pp | -0.010 pp | +0.116 pp | -3.9% |
| Aug 2019 | 0.352% | -0.011 pp | -0.008 pp | -0.037 pp | +0.124 pp | -0.9% |
| Jul 2019 | 0.363% | -0.003 pp | +0.013 pp | +0.144 pp | -0.034 pp | +4.5% |
| Jun 2019 | 0.366% | +0.007 pp | +0.006 pp | +0.151 pp | -0.056 pp | -0.8% |
| May 2019 | 0.359% | +0.009 pp | -0.030 pp | +0.126 pp | -0.073 pp | -6.0% |
| Apr 2019 | 0.350% | -0.010 pp | +0.131 pp | +0.116 pp | -0.150 pp | -21.4% |
| Mar 2019 | 0.360% | -0.029 pp | +0.146 pp | +0.126 pp | -0.105 pp | -13.3% |
| Feb 2019 | 0.389% | +0.170 pp | +0.156 pp | +0.161 pp | -0.099 pp | -11.2% |
| Jan 2019 | 0.219% | +0.004 pp | -0.015 pp | -0.179 pp | -0.290 pp | -13.4% |
| Dec 2018 | 0.215% | -0.019 pp | -0.019 pp | -0.208 pp | -0.294 pp | -16.1% |
| Nov 2018 | 0.233% | -0.001 pp | +0.005 pp | -0.199 pp | -0.276 pp | -9.2% |
| Oct 2018 | 0.234% | +0.000 pp | -0.164 pp | -0.267 pp | -0.275 pp | -10.8% |
| Sep 2018 | 0.234% | +0.006 pp | -0.189 pp | -0.232 pp | -0.275 pp | -13.0% |
| Aug 2018 | 0.228% | -0.170 pp | -0.204 pp | -0.260 pp | -0.281 pp | -15.8% |
| Jul 2018 | 0.398% | -0.025 pp | -0.103 pp | -0.111 pp | -0.111 pp | -18.9% |
| Jun 2018 | 0.423% | -0.010 pp | -0.043 pp | -0.086 pp | -0.086 pp | -15.0% |
| May 2018 | 0.432% | -0.068 pp | -0.056 pp | -0.077 pp | -0.077 pp | -13.7% |
| Apr 2018 | 0.501% | +0.035 pp | -0.008 pp | -0.008 pp | -0.008 pp | -2.1% |
| Mar 2018 | 0.465% | -0.023 pp | -0.044 pp | -0.044 pp | -0.044 pp | -8.6% |
| Feb 2018 | 0.488% | -0.021 pp | -0.021 pp | -0.021 pp | -0.021 pp | -3.4% |
| Jan 2018 | 0.509% | +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.