Building Products
Building Products is losing market weight. Gained weight for 4 consecutive months.
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 79% 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 – Nov 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 |
|---|---|---|---|---|---|---|
| Carrier Global → CARR | Building Products | United States | 0.126% | -0.033 pp | -16.9% | 0.0 |
| Johnson Controls → JCI | Building Products | United States | 0.155% | -0.023 pp | -9.0% | 0.0 |
| Masco → MAS | Building Products | United States | 0.039% | -0.015 pp | -21.3% | 0.0 |
| Trane Technologies → TT | Building Products | United States | 0.139% | -0.010 pp | -2.8% | 0.0 |
| A. O. Smith → AOS | Building Products | United States | 0.016% | -0.005 pp | -21.7% | 0.0 |
| Allegion → ALLE | Building Products | United States | 0.034% | -0.004 pp | -6.7% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Nov 2022 | 0.508% | +0.033 pp | +0.043 pp | +0.036 pp | -0.090 pp | +0.3% |
| Oct 2022 | 0.475% | +0.006 pp | +0.020 pp | -0.010 pp | -0.105 pp | +1.4% |
| Sep 2022 | 0.469% | +0.004 pp | +0.008 pp | -0.028 pp | -0.109 pp | -3.8% |
| Aug 2022 | 0.465% | +0.010 pp | -0.007 pp | -0.051 pp | -0.149 pp | -11.4% |
| Jul 2022 | 0.456% | -0.006 pp | -0.029 pp | -0.102 pp | -0.161 pp | -13.9% |
| Jun 2022 | 0.461% | -0.012 pp | -0.036 pp | -0.140 pp | -0.133 pp | -12.9% |
| May 2022 | 0.473% | -0.012 pp | -0.043 pp | -0.125 pp | -0.120 pp | -11.1% |
| Apr 2022 | 0.485% | -0.012 pp | -0.073 pp | -0.095 pp | -0.086 pp | -5.9% |
| Mar 2022 | 0.497% | -0.019 pp | -0.104 pp | -0.081 pp | +0.202 pp | -4.7% |
| Feb 2022 | 0.516% | -0.042 pp | -0.082 pp | -0.099 pp | +0.243 pp | +5.1% |
| Jan 2022 | 0.558% | -0.044 pp | -0.022 pp | -0.059 pp | +0.242 pp | +14.2% |
| Dec 2021 | 0.602% | +0.003 pp | +0.024 pp | +0.007 pp | +0.073 pp | +25.3% |
| Nov 2021 | 0.598% | +0.018 pp | -0.017 pp | +0.005 pp | +0.045 pp | +17.5% |
| Oct 2021 | 0.580% | +0.002 pp | -0.037 pp | +0.009 pp | +0.015 pp | +10.4% |
| Sep 2021 | 0.578% | -0.037 pp | -0.016 pp | +0.283 pp | +0.577 pp | +18.4% |
| Aug 2021 | 0.615% | -0.002 pp | +0.022 pp | +0.342 pp | +0.614 pp | +31.1% |
| Jul 2021 | 0.617% | +0.022 pp | +0.046 pp | +0.301 pp | +0.616 pp | +30.5% |
| Jun 2021 | 0.595% | +0.002 pp | +0.299 pp | +0.066 pp | +0.594 pp | +35.2% |
| May 2021 | 0.593% | +0.022 pp | +0.320 pp | +0.040 pp | +0.592 pp | +37.4% |
| Apr 2021 | 0.571% | +0.275 pp | +0.255 pp | +0.006 pp | +0.199 pp | +34.3% |
| Mar 2021 | 0.295% | +0.023 pp | -0.233 pp | +0.295 pp | +0.295 pp | +33.3% |
| Feb 2021 | 0.273% | -0.043 pp | -0.280 pp | +0.272 pp | +0.273 pp | +14.3% |
| Jan 2021 | 0.316% | -0.212 pp | -0.249 pp | +0.315 pp | -0.097 pp | +12.3% |
| Dec 2020 | 0.528% | -0.025 pp | +0.528 pp | +0.528 pp | +0.111 pp | +11.1% |
| Nov 2020 | 0.553% | -0.011 pp | +0.553 pp | +0.553 pp | +0.122 pp | +11.5% |
| Oct 2020 | 0.564% | +0.564 pp | +0.564 pp | +0.193 pp | +0.117 pp | +11.7% |
| Sep 2020 | 0.001% | +0.000 pp | +0.000 pp | +0.000 pp | -0.442 pp | +4.6% |
| Aug 2020 | 0.001% | +0.000 pp | +0.000 pp | +0.000 pp | -0.440 pp | +2.0% |
| Jul 2020 | 0.001% | +0.000 pp | -0.371 pp | -0.413 pp | -0.458 pp | +3.4% |
| Jun 2020 | 0.000% | +0.000 pp | +0.000 pp | -0.417 pp | -0.465 pp | -6.0% |
| May 2020 | 0.000% | -0.371 pp | +0.000 pp | -0.430 pp | -0.461 pp | -5.7% |
| Apr 2020 | 0.372% | +0.371 pp | -0.042 pp | -0.076 pp | -0.086 pp | -3.4% |
| Mar 2020 | 0.000% | -0.000 pp | -0.417 pp | -0.443 pp | -0.449 pp | -1.5% |
| Feb 2020 | 0.000% | -0.413 pp | -0.431 pp | -0.440 pp | -0.437 pp | +9.1% |
| Jan 2020 | 0.413% | -0.004 pp | -0.034 pp | -0.045 pp | +0.176 pp | +13.5% |
| Dec 2019 | 0.417% | -0.014 pp | -0.026 pp | -0.048 pp | +0.186 pp | +16.8% |
| Nov 2019 | 0.431% | -0.016 pp | -0.009 pp | -0.030 pp | +0.186 pp | +14.7% |
| Oct 2019 | 0.447% | +0.005 pp | -0.011 pp | -0.010 pp | +0.215 pp | +23.3% |
| Sep 2019 | 0.443% | +0.003 pp | -0.022 pp | -0.006 pp | +0.202 pp | +19.9% |
| Aug 2019 | 0.440% | -0.018 pp | -0.021 pp | +0.003 pp | +0.187 pp | +14.1% |
| Jul 2019 | 0.459% | -0.007 pp | +0.001 pp | +0.221 pp | +0.003 pp | +12.6% |
| Jun 2019 | 0.465% | +0.004 pp | +0.016 pp | +0.234 pp | +0.030 pp | +19.6% |
| May 2019 | 0.461% | +0.004 pp | +0.023 pp | +0.216 pp | +0.027 pp | +17.8% |
| Apr 2019 | 0.457% | +0.008 pp | +0.220 pp | +0.224 pp | +0.019 pp | +13.7% |
| Mar 2019 | 0.449% | +0.011 pp | +0.218 pp | +0.208 pp | -0.010 pp | +6.5% |
| Feb 2019 | 0.438% | +0.200 pp | +0.192 pp | +0.184 pp | -0.024 pp | +2.9% |
| Jan 2019 | 0.237% | +0.007 pp | +0.005 pp | -0.218 pp | -0.230 pp | -2.4% |
| Dec 2018 | 0.231% | -0.015 pp | -0.011 pp | -0.204 pp | -0.236 pp | -5.5% |
| Nov 2018 | 0.245% | +0.013 pp | -0.008 pp | -0.189 pp | -0.222 pp | -0.2% |
| Oct 2018 | 0.233% | -0.009 pp | -0.223 pp | -0.205 pp | -0.234 pp | -5.8% |
| Sep 2018 | 0.241% | -0.012 pp | -0.194 pp | -0.218 pp | -0.226 pp | -3.9% |
| Aug 2018 | 0.254% | -0.202 pp | -0.180 pp | -0.209 pp | -0.213 pp | -0.1% |
| Jul 2018 | 0.456% | +0.021 pp | +0.018 pp | -0.011 pp | -0.011 pp | -0.0% |
| Jun 2018 | 0.435% | +0.001 pp | -0.024 pp | -0.032 pp | -0.032 pp | -5.9% |
| May 2018 | 0.434% | -0.004 pp | -0.028 pp | -0.033 pp | -0.033 pp | -7.1% |
| Apr 2018 | 0.438% | -0.021 pp | -0.029 pp | -0.029 pp | -0.029 pp | -7.1% |
| Mar 2018 | 0.459% | -0.003 pp | -0.008 pp | -0.008 pp | -0.008 pp | -2.4% |
| Feb 2018 | 0.462% | -0.005 pp | -0.005 pp | -0.005 pp | -0.005 pp | -1.4% |
| Jan 2018 | 0.467% | +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.