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Observatory · observe first

Health Care Technology

Health Care Technology is showing little change in market weight. No persistent monthly direction.

Historical time machine
Historical observation
20182026
Little changeMixed participation

Company contributions point in different directions.

Universe weight
0.00%
$0.00T
12-month change
+0.00 pp
6-month change
+0.00 pp
3-month change
+0.00 pp
Company participation
0%
above their 6M weight average

Where did the weight change come from?

12-month contribution in universe percentage points · contributions add to the industry change

Sub-industries

No areas in this direction for the selected period.

Company attribution
Industry total+0.000 pp

The three largest same-direction contributors explain 0% 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

May 2019 – Apr 2024 · market weight (%)

-0.10.00.120202021202220232024

Relative performance

Industry return versus ACWI · no future data shown

648911420202021202220232024

Is participation broad or concentrated?

Actual constituent counts at this date, not the legacy synthetic breadth proxy

Above their 3M universe-weight average0%
Above their 6M universe-weight average0%
Above their 12M universe-weight average0%
Top 5 share of current industry market cap0.0%

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

Allocation · 12M+0.00 pp
Relative strength · 12M-14.5%
Price index return · 12M+0.0%
Earnings revisions · unavailable0.0
Allocation gained weight while relative performance fell. Fewer than half of constituents are above their 6M weight average. These observations need not agree.
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

CompanySub-industryCountryUniverse weight12M contribution12M price returnRevisions
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Apr 20240.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-14.5%
Mar 20240.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-18.8%
Feb 20240.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-18.9%
Jan 20240.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-12.3%
Dec 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-18.2%
Nov 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-10.1%
Oct 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-9.7%
Sep 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-17.2%
Aug 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-12.6%
Jul 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-11.2%
Jun 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-14.1%
May 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-1.1%
Apr 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-2.6%
Mar 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+7.6%
Feb 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+9.1%
Jan 20230.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+8.8%
Dec 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+22.5%
Nov 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+12.5%
Oct 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+24.8%
Sep 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+25.9%
Aug 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+19.1%
Jul 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+11.5%
Jun 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+18.3%
May 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+7.3%
Apr 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+6.3%
Mar 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-6.3%
Feb 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-7.1%
Jan 20220.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-12.0%
Dec 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-15.7%
Nov 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-16.4%
Oct 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-26.9%
Sep 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-21.2%
Aug 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-22.2%
Jul 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-25.1%
Jun 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-28.2%
May 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-29.4%
Apr 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-31.8%
Mar 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-35.3%
Feb 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-23.1%
Jan 20210.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-15.0%
Dec 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-14.0%
Nov 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-13.0%
Oct 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-5.0%
Sep 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-9.6%
Aug 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-14.2%
Jul 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-7.0%
Jun 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-2.0%
May 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-5.3%
Apr 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+6.0%
Mar 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+12.5%
Feb 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-4.1%
Jan 20200.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-13.4%
Dec 20190.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-21.0%
Nov 20190.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-11.9%
Oct 20190.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-11.3%
Sep 20190.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-1.5%
Aug 20190.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+0.1%
Jul 20190.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-2.8%
Jun 20190.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp-5.6%
May 20190.000%+0.000 pp+0.000 pp+0.000 pp+0.000 pp+1.1%
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.