Health Care Distributors
Health Care Distributors is losing market weight. Gained weight for 1 consecutive month.
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 92% 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
Nov 2019 – Oct 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 |
|---|---|---|---|---|---|---|
| McKesson Corporation → MCK | Health Care Distributors | United States | 0.153% | -0.056 pp | +10.5% | 0.0 |
| Cencora → COR | Health Care Distributors | United States | 0.106% | -0.022 pp | +24.3% | 0.0 |
| Cardinal Health → CAH | Health Care Distributors | United States | 0.062% | -0.015 pp | +21.6% | 0.0 |
| Henry Schein → HSIC | Health Care Distributors | United States | 0.021% | -0.008 pp | +8.1% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Oct 2024 | 0.341% | +0.005 pp | +0.053 pp | -0.100 pp | -0.101 pp | -12.2% |
| Sep 2024 | 0.337% | -0.041 pp | +0.050 pp | -0.096 pp | -0.086 pp | -9.5% |
| Aug 2024 | 0.378% | +0.090 pp | +0.087 pp | -0.059 pp | -0.014 pp | +7.3% |
| Jul 2024 | 0.288% | +0.001 pp | -0.153 pp | -0.156 pp | +0.014 pp | +14.3% |
| Jun 2024 | 0.287% | -0.004 pp | -0.146 pp | -0.123 pp | -0.018 pp | +1.6% |
| May 2024 | 0.291% | -0.150 pp | -0.146 pp | -0.141 pp | -0.001 pp | +8.8% |
| Apr 2024 | 0.441% | +0.008 pp | -0.004 pp | -0.002 pp | +0.051 pp | +17.8% |
| Mar 2024 | 0.432% | -0.005 pp | +0.022 pp | +0.010 pp | +0.053 pp | +18.8% |
| Feb 2024 | 0.437% | -0.007 pp | +0.005 pp | +0.045 pp | +0.053 pp | +18.5% |
| Jan 2024 | 0.445% | +0.035 pp | +0.002 pp | +0.170 pp | +0.033 pp | +15.9% |
| Dec 2023 | 0.410% | -0.022 pp | -0.012 pp | +0.106 pp | -0.017 pp | +1.0% |
| Nov 2023 | 0.432% | -0.011 pp | +0.040 pp | +0.140 pp | +0.020 pp | +9.1% |
| Oct 2023 | 0.442% | +0.020 pp | +0.168 pp | +0.053 pp | +0.022 pp | +5.7% |
| Sep 2023 | 0.422% | +0.030 pp | +0.118 pp | +0.043 pp | +0.014 pp | +7.2% |
| Aug 2023 | 0.392% | +0.118 pp | +0.101 pp | +0.009 pp | -0.010 pp | +2.1% |
| Jul 2023 | 0.275% | -0.030 pp | -0.115 pp | -0.137 pp | -0.094 pp | +11.6% |
| Jun 2023 | 0.304% | +0.013 pp | -0.075 pp | -0.122 pp | -0.092 pp | +18.8% |
| May 2023 | 0.292% | -0.098 pp | -0.092 pp | -0.120 pp | -0.095 pp | +16.4% |
| Apr 2023 | 0.390% | +0.010 pp | -0.022 pp | -0.031 pp | +0.009 pp | +15.3% |
| Mar 2023 | 0.380% | -0.004 pp | -0.047 pp | -0.029 pp | +0.023 pp | +22.1% |
| Feb 2023 | 0.384% | -0.028 pp | -0.028 pp | -0.019 pp | +0.044 pp | +31.5% |
| Jan 2023 | 0.412% | -0.015 pp | -0.009 pp | +0.043 pp | +0.101 pp | +50.5% |
| Dec 2022 | 0.427% | +0.015 pp | +0.018 pp | +0.030 pp | +0.136 pp | +69.5% |
| Nov 2022 | 0.411% | -0.009 pp | +0.009 pp | +0.025 pp | +0.141 pp | +81.8% |
| 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% |
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.