Life Sciences Tools & Services
Life Sciences Tools & Services is losing market weight. Lost weight for 1 consecutive month.
The loss is shared across much of the industry.
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 65% 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 2019 – Jan 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 |
|---|---|---|---|---|---|---|
| Thermo Fisher Scientific → TMO | Life Sciences Tools & Services | United States | 0.619% | -0.146 pp | -5.2% | 0.0 |
| Danaher Corporation → DHR | Life Sciences Tools & Services | United States | 0.527% | -0.057 pp | +2.8% | 0.0 |
| Illumina, Inc. → ILMN | Life Sciences Tools & Services | United States | 0.066% | -0.046 pp | -33.2% | 0.0 |
| Agilent Technologies → A | Life Sciences Tools & Services | United States | 0.113% | -0.041 pp | -13.8% | 0.0 |
| Mettler Toledo → MTD | Life Sciences Tools & Services | United States | 0.078% | -0.039 pp | -21.9% | 0.0 |
| IQVIA → IQV | Life Sciences Tools & Services | United States | 0.113% | -0.033 pp | -9.2% | 0.0 |
| Bio-Techne → TECH | Life Sciences Tools & Services | United States | 0.033% | +0.022 pp | -11.3% | 0.0 |
| Waters Corporation → WAT | Life Sciences Tools & Services | United States | 0.056% | -0.011 pp | -3.3% | 0.0 |
| Charles River Laboratories → CRL | Life Sciences Tools & Services | United States | 0.033% | -0.009 pp | -11.1% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jan 2024 | 1.639% | -0.005 pp | +0.119 pp | +0.432 pp | -0.360 pp | -18.0% |
| Dec 2023 | 1.643% | +0.055 pp | -0.057 pp | +0.412 pp | -0.405 pp | -21.3% |
| Nov 2023 | 1.588% | +0.069 pp | -0.185 pp | +0.319 pp | -0.394 pp | -22.3% |
| Oct 2023 | 1.519% | -0.181 pp | +0.313 pp | -0.333 pp | -0.393 pp | -25.7% |
| Sep 2023 | 1.700% | -0.073 pp | +0.468 pp | -0.253 pp | -0.334 pp | -19.3% |
| Aug 2023 | 1.773% | +0.567 pp | +0.503 pp | -0.170 pp | -0.215 pp | -13.1% |
| Jul 2023 | 1.206% | -0.025 pp | -0.646 pp | -0.792 pp | -0.887 pp | -20.0% |
| Jun 2023 | 1.232% | -0.038 pp | -0.722 pp | -0.816 pp | -0.873 pp | -16.1% |
| May 2023 | 1.270% | -0.582 pp | -0.673 pp | -0.713 pp | -0.791 pp | -11.8% |
| Apr 2023 | 1.852% | -0.102 pp | -0.146 pp | -0.060 pp | -0.187 pp | -5.9% |
| Mar 2023 | 1.953% | +0.011 pp | -0.094 pp | -0.080 pp | -0.143 pp | -1.8% |
| Feb 2023 | 1.943% | -0.055 pp | -0.040 pp | -0.045 pp | -0.104 pp | +1.4% |
| 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% |
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.