Air Freight & Logistics
Air Freight & Logistics 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 100% 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
Jan 2018 – Sep 2022 · 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 |
|---|---|---|---|---|---|---|
| FedEx → FDX | Air Freight & Logistics | United States | 0.122% | -0.042 pp | -31.1% | 0.0 |
| Expeditors International → EXPD | Air Freight & Logistics | United States | 0.057% | -0.014 pp | -25.1% | 0.0 |
| C.H. Robinson → CHRW | Air Freight & Logistics | United States | 0.047% | +0.007 pp | +13.0% | 0.0 |
| United Parcel Service → UPS | Air Freight & Logistics | United States | 0.453% | -0.003 pp | -8.8% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Sep 2022 | 0.679% | -0.087 pp | -0.125 pp | -0.104 pp | -0.053 pp | +8.0% |
| Aug 2022 | 0.766% | +0.012 pp | +0.013 pp | -0.024 pp | -0.003 pp | +14.9% |
| Jul 2022 | 0.754% | -0.050 pp | +0.031 pp | -0.019 pp | -0.036 pp | +9.7% |
| Jun 2022 | 0.805% | +0.052 pp | +0.022 pp | +0.020 pp | -0.064 pp | +2.4% |
| May 2022 | 0.753% | +0.029 pp | -0.037 pp | -0.003 pp | -0.159 pp | -9.3% |
| Apr 2022 | 0.723% | -0.059 pp | -0.050 pp | -0.066 pp | -0.143 pp | -8.7% |
| Mar 2022 | 0.783% | -0.007 pp | -0.002 pp | +0.050 pp | +0.366 pp | +5.0% |
| Feb 2022 | 0.790% | +0.017 pp | +0.033 pp | +0.021 pp | +0.400 pp | +10.8% |
| Jan 2022 | 0.773% | -0.012 pp | -0.016 pp | -0.017 pp | +0.323 pp | +9.9% |
| Dec 2021 | 0.785% | +0.028 pp | +0.052 pp | -0.084 pp | -0.043 pp | +3.0% |
| Nov 2021 | 0.756% | -0.033 pp | -0.012 pp | -0.156 pp | -0.138 pp | -9.6% |
| Oct 2021 | 0.790% | +0.057 pp | -0.000 pp | -0.077 pp | -0.129 pp | -9.4% |
| Sep 2021 | 0.733% | -0.036 pp | -0.136 pp | +0.316 pp | +0.732 pp | -17.0% |
| Aug 2021 | 0.769% | -0.021 pp | -0.143 pp | +0.380 pp | +0.768 pp | -5.3% |
| Jul 2021 | 0.790% | -0.079 pp | -0.077 pp | +0.340 pp | +0.789 pp | +6.6% |
| Jun 2021 | 0.869% | -0.043 pp | +0.452 pp | +0.041 pp | +0.868 pp | +35.6% |
| May 2021 | 0.912% | +0.046 pp | +0.523 pp | +0.018 pp | +0.912 pp | +49.2% |
| Apr 2021 | 0.867% | +0.450 pp | +0.417 pp | -0.051 pp | +0.218 pp | +43.5% |
| Mar 2021 | 0.417% | +0.028 pp | -0.411 pp | +0.416 pp | +0.416 pp | +25.1% |
| Feb 2021 | 0.389% | -0.060 pp | -0.506 pp | +0.388 pp | +0.389 pp | +32.3% |
| Jan 2021 | 0.450% | -0.378 pp | -0.468 pp | +0.449 pp | -0.175 pp | +28.9% |
| Dec 2020 | 0.828% | -0.067 pp | +0.827 pp | +0.827 pp | +0.145 pp | +29.1% |
| Nov 2020 | 0.895% | -0.023 pp | +0.894 pp | +0.894 pp | +0.178 pp | +32.1% |
| Oct 2020 | 0.918% | +0.917 pp | +0.917 pp | +0.269 pp | +0.204 pp | +38.2% |
| Sep 2020 | 0.001% | +0.000 pp | +0.000 pp | +0.000 pp | -0.744 pp | +33.3% |
| Aug 2020 | 0.001% | +0.000 pp | +0.000 pp | +0.000 pp | -0.769 pp | +19.3% |
| Jul 2020 | 0.001% | +0.000 pp | -0.648 pp | -0.623 pp | -0.775 pp | +8.3% |
| Jun 2020 | 0.001% | +0.000 pp | +0.000 pp | -0.682 pp | -0.715 pp | +0.8% |
| May 2020 | 0.001% | -0.648 pp | +0.000 pp | -0.716 pp | -0.707 pp | -1.6% |
| Apr 2020 | 0.649% | +0.649 pp | +0.025 pp | -0.065 pp | -0.133 pp | -9.8% |
| Mar 2020 | 0.001% | +0.000 pp | -0.683 pp | -0.745 pp | -0.820 pp | -8.7% |
| Feb 2020 | 0.000% | -0.624 pp | -0.716 pp | -0.770 pp | -0.823 pp | -19.6% |
| Jan 2020 | 0.624% | -0.059 pp | -0.090 pp | -0.151 pp | +0.174 pp | -17.3% |
| Dec 2019 | 0.683% | -0.033 pp | -0.062 pp | -0.033 pp | +0.230 pp | -10.7% |
| Nov 2019 | 0.717% | +0.003 pp | -0.054 pp | +0.009 pp | +0.196 pp | -17.5% |
| Oct 2019 | 0.714% | -0.031 pp | -0.061 pp | -0.068 pp | +0.216 pp | -14.5% |
| Sep 2019 | 0.745% | -0.025 pp | +0.030 pp | -0.075 pp | +0.233 pp | -11.3% |
| Aug 2019 | 0.770% | -0.005 pp | +0.062 pp | -0.053 pp | +0.234 pp | -11.6% |
| Jul 2019 | 0.775% | +0.060 pp | -0.007 pp | +0.325 pp | -0.184 pp | -10.9% |
| Jun 2019 | 0.716% | +0.008 pp | -0.105 pp | +0.262 pp | -0.189 pp | -13.0% |
| May 2019 | 0.708% | -0.074 pp | -0.115 pp | +0.187 pp | -0.273 pp | -21.3% |
| Apr 2019 | 0.782% | -0.038 pp | +0.332 pp | +0.284 pp | -0.191 pp | -13.3% |
| Mar 2019 | 0.820% | -0.003 pp | +0.367 pp | +0.308 pp | -0.104 pp | -4.5% |
| Feb 2019 | 0.823% | +0.373 pp | +0.302 pp | +0.287 pp | -0.089 pp | -3.0% |
| Jan 2019 | 0.450% | -0.003 pp | -0.048 pp | -0.509 pp | -0.530 pp | -11.6% |
| Dec 2018 | 0.454% | -0.067 pp | -0.059 pp | -0.451 pp | -0.527 pp | -11.2% |
| Nov 2018 | 0.521% | +0.023 pp | -0.015 pp | -0.460 pp | -0.459 pp | +1.4% |
| Oct 2018 | 0.498% | -0.015 pp | -0.461 pp | -0.475 pp | -0.482 pp | -4.0% |
| Sep 2018 | 0.513% | -0.024 pp | -0.392 pp | -0.412 pp | -0.468 pp | -2.7% |
| Aug 2018 | 0.536% | -0.423 pp | -0.445 pp | -0.376 pp | -0.444 pp | +0.6% |
| Jul 2018 | 0.959% | +0.054 pp | -0.014 pp | -0.021 pp | -0.021 pp | -0.1% |
| Jun 2018 | 0.905% | -0.076 pp | -0.020 pp | -0.075 pp | -0.075 pp | -6.8% |
| May 2018 | 0.981% | +0.008 pp | +0.069 pp | +0.001 pp | +0.001 pp | +0.4% |
| Apr 2018 | 0.973% | +0.049 pp | -0.007 pp | -0.007 pp | -0.007 pp | -1.8% |
| Mar 2018 | 0.925% | +0.012 pp | -0.056 pp | -0.056 pp | -0.056 pp | -6.2% |
| Feb 2018 | 0.912% | -0.068 pp | -0.068 pp | -0.068 pp | -0.068 pp | -6.8% |
| Jan 2018 | 0.980% | +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.