Universe›Health Care›Life Sciences Tools & Services
Observatory · observe first

Life Sciences Tools & Services

Life Sciences Tools & Services is gaining market weight. Gained weight for 3 consecutive months.

Historical time machine
Historical observation
20182026
Reversing upwardConcentrated

Most of this industry's gains came from a few companies.

Universe weight
2.11%
$0.60T
12-month change
+2.11 pp
6-month change
+0.13 pp
3-month change
+1.14 pp
Company participation
100%
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

Company attribution
All other companies+1.412 pp
Industry total+2.111 pp

The three largest same-direction contributors explain 73% 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 – Jun 2021 · market weight (%)

0.11.12.22018201920202021

Relative performance

Industry return versus ACWI · no future data shown

1021351682018201920202021

Is participation broad or concentrated?

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

Above their 3M universe-weight average88%
Above their 6M universe-weight average100%
Above their 12M universe-weight average88%
Top 5 share of current industry market cap87.9%

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+2.11 pp
Relative strength · 12M+6.8%
Price index return · 12M+48.9%
Earnings revisions · unavailable0.0
Allocation gained weight while relative performance rose. At least 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
Thermo Fisher Scientific →
TMO
Life Sciences Tools & ServicesUnited States0.700%+0.699 pp+39.5%0.0
Danaher Corporation →
DHR
Life Sciences Tools & ServicesUnited States0.599%+0.598 pp+52.3%0.0
Illumina, Inc. →
ILMN
Life Sciences Tools & ServicesUnited States0.237%+0.237 pp+27.8%0.0
IQVIA →
IQV
Life Sciences Tools & ServicesUnited States0.164%+0.164 pp+70.8%0.0
Agilent Technologies →
A
Life Sciences Tools & ServicesUnited States0.158%+0.158 pp+68.1%0.0
Mettler Toledo →
MTD
Life Sciences Tools & ServicesUnited States0.114%+0.114 pp+72.0%0.0
Waters Corporation →
WAT
Life Sciences Tools & ServicesUnited States0.075%+0.075 pp+91.6%0.0
Charles River Laboratories →
CRL
Life Sciences Tools & ServicesUnited States0.066%+0.066 pp+112.2%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Jun 20212.113%+0.109 pp+1.142 pp+0.129 pp+2.111 pp+6.8%
May 20212.004%+0.059 pp+1.013 pp-0.042 pp+2.002 pp+0.8%
Apr 20211.945%+0.973 pp+0.681 pp-0.292 pp-0.069 pp+2.0%
Mar 20210.971%-0.019 pp-1.013 pp+0.969 pp+0.970 pp+4.7%
Feb 20210.991%-0.273 pp-1.055 pp+0.989 pp+0.990 pp+18.5%
Jan 20211.263%-0.721 pp-0.973 pp+1.261 pp-0.503 pp+27.1%
Dec 20201.984%-0.062 pp+1.982 pp+1.982 pp+0.187 pp+16.8%
Nov 20202.046%-0.191 pp+2.044 pp+2.044 pp+0.283 pp+21.5%
Oct 20202.237%+2.234 pp+2.234 pp+0.223 pp+0.497 pp+36.5%
Sep 20200.002%+0.000 pp+0.000 pp+0.001 pp-1.789 pp+22.9%
Aug 20200.002%+0.000 pp+0.000 pp+0.001 pp-1.783 pp+19.5%
Jul 20200.002%+0.000 pp-2.012 pp-1.764 pp-1.750 pp+27.3%
Jun 20200.002%-0.000 pp+0.001 pp-1.795 pp-1.895 pp+11.5%
May 20200.002%-2.012 pp+0.001 pp-1.760 pp-1.828 pp+17.5%
Apr 20202.014%+2.012 pp+0.247 pp+0.275 pp+0.200 pp+19.9%
Mar 20200.002%+0.000 pp-1.795 pp-1.790 pp-1.869 pp+8.4%
Feb 20200.001%-1.765 pp-1.761 pp-1.784 pp-1.822 pp+0.2%
Jan 20201.767%-0.030 pp+0.027 pp+0.015 pp+0.805 pp+7.6%
Dec 20191.797%+0.034 pp+0.006 pp-0.100 pp+0.830 pp+8.3%
Nov 20191.763%+0.023 pp-0.023 pp-0.068 pp+0.779 pp+5.4%
Oct 20191.739%-0.052 pp-0.013 pp-0.074 pp+0.809 pp+9.4%
Sep 20191.791%+0.006 pp-0.106 pp-0.080 pp+0.844 pp+13.0%
Aug 20191.785%+0.034 pp-0.045 pp-0.038 pp+0.856 pp+15.5%
Jul 20191.752%-0.146 pp-0.062 pp+0.790 pp+0.115 pp+15.3%
Jun 20191.897%+0.067 pp+0.026 pp+0.930 pp+0.352 pp+31.9%
May 20191.830%+0.017 pp+0.007 pp+0.847 pp+0.291 pp+26.7%
Apr 20191.814%-0.057 pp+0.852 pp+0.884 pp+0.269 pp+23.8%
Mar 20191.871%+0.048 pp+0.904 pp+0.923 pp+0.339 pp+29.1%
Feb 20191.823%+0.861 pp+0.839 pp+0.894 pp+0.317 pp+27.7%
Jan 20190.962%-0.005 pp+0.032 pp-0.675 pp-0.550 pp+19.4%
Dec 20180.967%-0.017 pp+0.020 pp-0.579 pp-0.545 pp+19.6%
Nov 20180.984%+0.054 pp+0.055 pp-0.555 pp-0.528 pp+21.4%
Oct 20180.930%-0.018 pp-0.707 pp-0.615 pp-0.582 pp+14.1%
Sep 20180.947%+0.018 pp-0.598 pp-0.584 pp-0.565 pp+14.5%
Aug 20180.929%-0.707 pp-0.610 pp-0.577 pp-0.583 pp+11.5%
Jul 20181.637%+0.091 pp+0.092 pp+0.125 pp+0.125 pp+9.3%
Jun 20181.546%+0.007 pp+0.014 pp+0.034 pp+0.034 pp+2.0%
May 20181.539%-0.005 pp+0.033 pp+0.027 pp+0.027 pp+0.9%
Apr 20181.545%+0.013 pp+0.032 pp+0.032 pp+0.032 pp+0.4%
Mar 20181.531%+0.025 pp+0.019 pp+0.019 pp+0.019 pp+0.1%
Feb 20181.506%-0.006 pp-0.006 pp-0.006 pp-0.006 pp-0.8%
Jan 20181.512%+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.