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

Life Sciences Tools & Services

Life Sciences Tools & Services is losing market weight. Lost weight for 1 consecutive month.

Historical time machine
Historical observation
20182026
SlowingConcentrated

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

Universe weight
1.08%
$0.49T
12-month change
-0.59 pp
6-month change
-0.34 pp
3-month change
-0.07 pp
Company participation
13%
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-0.319 pp
Industry total-0.523 pp

The three largest same-direction contributors explain 83% 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

Mar 2020 – Feb 2025 · market weight (%)

0.11.22.220212022202320242025

Relative performance

Industry return versus ACWI · no future data shown

10914317720212022202320242025

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 average13%
Above their 12M universe-weight average13%
Top 5 share of current industry market cap91.6%

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-0.59 pp
Relative strength · 12M-23.9%
Price index return · 12M-12.3%
Earnings revisions · unavailable0.0
Allocation lost 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
Danaher Corporation →
DHR
Life Sciences Tools & ServicesUnited States0.332%-0.204 pp-17.6%0.0
Thermo Fisher Scientific →
TMO
Life Sciences Tools & ServicesUnited States0.446%-0.177 pp-7.0%0.0
IQVIA →
IQV
Life Sciences Tools & ServicesUnited States0.074%-0.054 pp-23.6%0.0
Agilent Technologies →
A
Life Sciences Tools & ServicesUnited States0.082%-0.034 pp-6.2%0.0
Charles River Laboratories →
CRL
Life Sciences Tools & ServicesUnited States0.019%-0.018 pp-35.0%0.0
Mettler Toledo →
MTD
Life Sciences Tools & ServicesUnited States0.060%-0.017 pp+2.0%0.0
Bio-Techne →
TECH
Life Sciences Tools & ServicesUnited States0.022%-0.011 pp-15.7%0.0
Waters Corporation →
WAT
Life Sciences Tools & ServicesUnited States0.050%-0.007 pp+11.8%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Feb 20251.085%-0.123 pp-0.070 pp-0.340 pp-0.585 pp-23.9%
Jan 20251.208%+0.056 pp-0.034 pp+0.136 pp-0.431 pp-14.5%
Dec 20241.152%-0.004 pp-0.243 pp+0.137 pp-0.492 pp-17.8%
Nov 20241.155%-0.087 pp-0.269 pp+0.061 pp-0.433 pp-14.9%
Oct 20241.242%-0.152 pp+0.170 pp-0.400 pp-0.277 pp-6.4%
Sep 20241.395%-0.030 pp+0.380 pp-0.242 pp-0.305 pp-6.5%
Aug 20241.425%+0.352 pp+0.330 pp-0.245 pp-0.349 pp-10.1%
Jul 20241.072%+0.057 pp-0.570 pp-0.566 pp-0.134 pp-3.2%
Jun 20241.015%-0.079 pp-0.621 pp-0.628 pp-0.217 pp-11.5%
May 20241.094%-0.548 pp-0.575 pp-0.494 pp-0.175 pp-9.1%
Apr 20241.643%+0.006 pp+0.004 pp+0.124 pp-0.209 pp-10.8%
Mar 20241.636%-0.033 pp-0.007 pp-0.064 pp-0.317 pp-15.9%
Feb 20241.670%+0.031 pp+0.082 pp-0.103 pp-0.273 pp-14.0%
Jan 20241.639%-0.005 pp+0.119 pp+0.432 pp-0.360 pp-18.0%
Dec 20231.643%+0.055 pp-0.057 pp+0.412 pp-0.405 pp-21.3%
Nov 20231.588%+0.069 pp-0.185 pp+0.319 pp-0.394 pp-22.3%
Oct 20231.519%-0.181 pp+0.313 pp-0.333 pp-0.393 pp-25.7%
Sep 20231.700%-0.073 pp+0.468 pp-0.253 pp-0.334 pp-19.3%
Aug 20231.773%+0.567 pp+0.503 pp-0.170 pp-0.215 pp-13.1%
Jul 20231.206%-0.025 pp-0.646 pp-0.792 pp-0.887 pp-20.0%
Jun 20231.232%-0.038 pp-0.722 pp-0.816 pp-0.873 pp-16.1%
May 20231.270%-0.582 pp-0.673 pp-0.713 pp-0.791 pp-11.8%
Apr 20231.852%-0.102 pp-0.146 pp-0.060 pp-0.187 pp-5.9%
Mar 20231.953%+0.011 pp-0.094 pp-0.080 pp-0.143 pp-1.8%
Feb 20231.943%-0.055 pp-0.040 pp-0.045 pp-0.104 pp+1.4%
Jan 20231.998%-0.050 pp+0.086 pp-0.095 pp-0.106 pp+1.9%
Dec 20222.048%+0.065 pp+0.014 pp-0.056 pp-0.250 pp-2.6%
Nov 20221.983%+0.071 pp-0.005 pp-0.078 pp-0.321 pp-3.2%
Oct 20221.912%-0.122 pp-0.181 pp-0.127 pp-0.386 pp-2.4%
Sep 20222.034%+0.046 pp-0.070 pp-0.062 pp-0.242 pp+0.3%
Aug 20221.988%-0.105 pp-0.073 pp-0.059 pp-0.287 pp-3.0%
Jul 20222.093%-0.011 pp+0.054 pp-0.012 pp-0.113 pp+4.5%
Jun 20222.104%+0.044 pp+0.008 pp-0.193 pp-0.009 pp+5.7%
May 20222.060%+0.021 pp+0.014 pp-0.243 pp+0.057 pp+8.6%
Apr 20222.039%-0.057 pp-0.065 pp-0.259 pp+0.094 pp+7.2%
Mar 20222.096%+0.050 pp-0.201 pp-0.179 pp+1.125 pp+13.2%
Feb 20222.047%-0.058 pp-0.257 pp-0.228 pp+1.056 pp+6.5%
Jan 20222.104%-0.193 pp-0.193 pp-0.102 pp+0.841 pp+0.6%
Dec 20212.297%-0.006 pp+0.022 pp+0.184 pp+0.313 pp+18.8%
Nov 20212.303%+0.006 pp+0.029 pp+0.300 pp+0.258 pp+14.0%
Oct 20212.298%+0.022 pp+0.091 pp+0.353 pp+0.061 pp+3.2%
Sep 20212.276%+0.001 pp+0.162 pp+1.304 pp+2.274 pp+9.7%
Aug 20212.275%+0.068 pp+0.271 pp+1.284 pp+2.273 pp+14.0%
Jul 20212.206%+0.093 pp+0.261 pp+0.943 pp+2.204 pp+6.4%
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%
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.