Life Sciences Tools & Services
Life Sciences Tools & Services is losing market weight. Lost 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 85% 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
Feb 2018 – Jan 2023 · 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 |
|---|---|---|---|---|---|---|
| Illumina, Inc. → ILMN | Life Sciences Tools & Services | United States | 0.112% | -0.066 pp | -38.6% | 0.0 |
| Danaher Corporation → DHR | Life Sciences Tools & Services | United States | 0.584% | -0.025 pp | -7.1% | 0.0 |
| Charles River Laboratories → CRL | Life Sciences Tools & Services | United States | 0.042% | -0.014 pp | -26.2% | 0.0 |
| Agilent Technologies → A | Life Sciences Tools & Services | United States | 0.154% | +0.013 pp | +9.9% | 0.0 |
| IQVIA → IQV | Life Sciences Tools & Services | United States | 0.146% | -0.012 pp | -6.3% | 0.0 |
| Thermo Fisher Scientific → TMO | Life Sciences Tools & Services | United States | 0.765% | -0.005 pp | -1.7% | 0.0 |
| Mettler Toledo → MTD | Life Sciences Tools & Services | United States | 0.117% | +0.003 pp | +4.1% | 0.0 |
| Bio-Techne → TECH | Life Sciences Tools & Services | United States | 0.011% | -0.002 pp | -15.0% | 0.0 |
| Waters Corporation → WAT | Life Sciences Tools & Services | United States | 0.067% | +0.001 pp | +2.6% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jan 2023 | 1.998% | -0.050 pp | +0.086 pp | -0.095 pp | -0.106 pp | +1.9% |
| Dec 2022 | 2.048% | +0.065 pp | +0.014 pp | -0.056 pp | -0.250 pp | -2.6% |
| Nov 2022 | 1.983% | +0.071 pp | -0.005 pp | -0.078 pp | -0.321 pp | -3.2% |
| Oct 2022 | 1.912% | -0.122 pp | -0.181 pp | -0.127 pp | -0.386 pp | -2.4% |
| Sep 2022 | 2.034% | +0.046 pp | -0.070 pp | -0.062 pp | -0.242 pp | +0.3% |
| Aug 2022 | 1.988% | -0.105 pp | -0.073 pp | -0.059 pp | -0.287 pp | -3.0% |
| Jul 2022 | 2.093% | -0.011 pp | +0.054 pp | -0.012 pp | -0.113 pp | +4.5% |
| Jun 2022 | 2.104% | +0.044 pp | +0.008 pp | -0.193 pp | -0.009 pp | +5.7% |
| May 2022 | 2.060% | +0.021 pp | +0.014 pp | -0.243 pp | +0.057 pp | +8.6% |
| Apr 2022 | 2.039% | -0.057 pp | -0.065 pp | -0.259 pp | +0.094 pp | +7.2% |
| Mar 2022 | 2.096% | +0.050 pp | -0.201 pp | -0.179 pp | +1.125 pp | +13.2% |
| Feb 2022 | 2.047% | -0.058 pp | -0.257 pp | -0.228 pp | +1.056 pp | +6.5% |
| Jan 2022 | 2.104% | -0.193 pp | -0.193 pp | -0.102 pp | +0.841 pp | +0.6% |
| Dec 2021 | 2.297% | -0.006 pp | +0.022 pp | +0.184 pp | +0.313 pp | +18.8% |
| Nov 2021 | 2.303% | +0.006 pp | +0.029 pp | +0.300 pp | +0.258 pp | +14.0% |
| Oct 2021 | 2.298% | +0.022 pp | +0.091 pp | +0.353 pp | +0.061 pp | +3.2% |
| Sep 2021 | 2.276% | +0.001 pp | +0.162 pp | +1.304 pp | +2.274 pp | +9.7% |
| Aug 2021 | 2.275% | +0.068 pp | +0.271 pp | +1.284 pp | +2.273 pp | +14.0% |
| Jul 2021 | 2.206% | +0.093 pp | +0.261 pp | +0.943 pp | +2.204 pp | +6.4% |
| Jun 2021 | 2.113% | +0.109 pp | +1.142 pp | +0.129 pp | +2.111 pp | +6.8% |
| May 2021 | 2.004% | +0.059 pp | +1.013 pp | -0.042 pp | +2.002 pp | +0.8% |
| Apr 2021 | 1.945% | +0.973 pp | +0.681 pp | -0.292 pp | -0.069 pp | +2.0% |
| Mar 2021 | 0.971% | -0.019 pp | -1.013 pp | +0.969 pp | +0.970 pp | +4.7% |
| Feb 2021 | 0.991% | -0.273 pp | -1.055 pp | +0.989 pp | +0.990 pp | +18.5% |
| Jan 2021 | 1.263% | -0.721 pp | -0.973 pp | +1.261 pp | -0.503 pp | +27.1% |
| Dec 2020 | 1.984% | -0.062 pp | +1.982 pp | +1.982 pp | +0.187 pp | +16.8% |
| Nov 2020 | 2.046% | -0.191 pp | +2.044 pp | +2.044 pp | +0.283 pp | +21.5% |
| Oct 2020 | 2.237% | +2.234 pp | +2.234 pp | +0.223 pp | +0.497 pp | +36.5% |
| Sep 2020 | 0.002% | +0.000 pp | +0.000 pp | +0.001 pp | -1.789 pp | +22.9% |
| Aug 2020 | 0.002% | +0.000 pp | +0.000 pp | +0.001 pp | -1.783 pp | +19.5% |
| Jul 2020 | 0.002% | +0.000 pp | -2.012 pp | -1.764 pp | -1.750 pp | +27.3% |
| Jun 2020 | 0.002% | -0.000 pp | +0.001 pp | -1.795 pp | -1.895 pp | +11.5% |
| May 2020 | 0.002% | -2.012 pp | +0.001 pp | -1.760 pp | -1.828 pp | +17.5% |
| Apr 2020 | 2.014% | +2.012 pp | +0.247 pp | +0.275 pp | +0.200 pp | +19.9% |
| Mar 2020 | 0.002% | +0.000 pp | -1.795 pp | -1.790 pp | -1.869 pp | +8.4% |
| Feb 2020 | 0.001% | -1.765 pp | -1.761 pp | -1.784 pp | -1.822 pp | +0.2% |
| Jan 2020 | 1.767% | -0.030 pp | +0.027 pp | +0.015 pp | +0.805 pp | +7.6% |
| Dec 2019 | 1.797% | +0.034 pp | +0.006 pp | -0.100 pp | +0.830 pp | +8.3% |
| Nov 2019 | 1.763% | +0.023 pp | -0.023 pp | -0.068 pp | +0.779 pp | +5.4% |
| Oct 2019 | 1.739% | -0.052 pp | -0.013 pp | -0.074 pp | +0.809 pp | +9.4% |
| Sep 2019 | 1.791% | +0.006 pp | -0.106 pp | -0.080 pp | +0.844 pp | +13.0% |
| Aug 2019 | 1.785% | +0.034 pp | -0.045 pp | -0.038 pp | +0.856 pp | +15.5% |
| Jul 2019 | 1.752% | -0.146 pp | -0.062 pp | +0.790 pp | +0.115 pp | +15.3% |
| Jun 2019 | 1.897% | +0.067 pp | +0.026 pp | +0.930 pp | +0.352 pp | +31.9% |
| May 2019 | 1.830% | +0.017 pp | +0.007 pp | +0.847 pp | +0.291 pp | +26.7% |
| Apr 2019 | 1.814% | -0.057 pp | +0.852 pp | +0.884 pp | +0.269 pp | +23.8% |
| Mar 2019 | 1.871% | +0.048 pp | +0.904 pp | +0.923 pp | +0.339 pp | +29.1% |
| Feb 2019 | 1.823% | +0.861 pp | +0.839 pp | +0.894 pp | +0.317 pp | +27.7% |
| Jan 2019 | 0.962% | -0.005 pp | +0.032 pp | -0.675 pp | -0.550 pp | +19.4% |
| Dec 2018 | 0.967% | -0.017 pp | +0.020 pp | -0.579 pp | -0.545 pp | +19.6% |
| Nov 2018 | 0.984% | +0.054 pp | +0.055 pp | -0.555 pp | -0.528 pp | +21.4% |
| Oct 2018 | 0.930% | -0.018 pp | -0.707 pp | -0.615 pp | -0.582 pp | +14.1% |
| Sep 2018 | 0.947% | +0.018 pp | -0.598 pp | -0.584 pp | -0.565 pp | +14.5% |
| Aug 2018 | 0.929% | -0.707 pp | -0.610 pp | -0.577 pp | -0.583 pp | +11.5% |
| Jul 2018 | 1.637% | +0.091 pp | +0.092 pp | +0.125 pp | +0.125 pp | +9.3% |
| Jun 2018 | 1.546% | +0.007 pp | +0.014 pp | +0.034 pp | +0.034 pp | +2.0% |
| May 2018 | 1.539% | -0.005 pp | +0.033 pp | +0.027 pp | +0.027 pp | +0.9% |
| Apr 2018 | 1.545% | +0.013 pp | +0.032 pp | +0.032 pp | +0.032 pp | +0.4% |
| Mar 2018 | 1.531% | +0.025 pp | +0.019 pp | +0.019 pp | +0.019 pp | +0.1% |
| Feb 2018 | 1.506% | -0.006 pp | -0.006 pp | -0.006 pp | -0.006 pp | -0.8% |
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.