Universe›Industrials›Data Processing & Outsourced Services
Observatory · observe first

Data Processing & Outsourced Services

Data Processing & Outsourced Services is losing market weight. Gained weight for 2 consecutive months.

Historical time machine
Historical observation
20182026
Losing steadilyConcentrated

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

Universe weight
0.06%
$0.03T
12-month change
-0.01 pp
6-month change
+0.00 pp
3-month change
+0.00 pp
Company participation
100%
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+0.000 pp
Industry total-0.006 pp

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

Mar 2020 – Feb 2025 · market weight (%)

0.00.00.120212022202320242025

Relative performance

Industry return versus ACWI · no future data shown

9811413020212022202320242025

Is participation broad or concentrated?

Actual constituent counts at this date, not the legacy synthetic breadth proxy

Above their 3M universe-weight average100%
Above their 6M universe-weight average100%
Above their 12M universe-weight average100%
Top 5 share of current industry market cap100.0%

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-0.01 pp
Relative strength · 12M+4.5%
Price index return · 12M+20.4%
Earnings revisions · unavailable0.0
Allocation lost weight while relative performance rose. At least 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
Broadridge Financial Solutions →
BR
Data Processing & Outsourced ServicesUnited States0.063%-0.006 pp+20.4%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Feb 20250.063%+0.001 pp+0.002 pp+0.003 pp-0.006 pp+4.5%
Jan 20250.062%+0.002 pp+0.004 pp+0.017 pp-0.009 pp-1.9%
Dec 20240.060%-0.001 pp+0.002 pp+0.016 pp-0.012 pp-4.9%
Nov 20240.061%+0.003 pp+0.001 pp+0.016 pp-0.010 pp-2.1%
Oct 20240.058%-0.001 pp+0.013 pp-0.008 pp-0.011 pp-5.1%
Sep 20240.058%-0.002 pp+0.015 pp-0.008 pp-0.012 pp-7.3%
Aug 20240.060%+0.015 pp+0.015 pp-0.009 pp-0.010 pp-5.8%
Jul 20240.045%+0.002 pp-0.021 pp-0.026 pp+0.002 pp+10.8%
Jun 20240.044%-0.002 pp-0.023 pp-0.029 pp-0.002 pp+1.4%
May 20240.045%-0.021 pp-0.023 pp-0.026 pp+0.003 pp+12.6%
Apr 20240.066%-0.001 pp-0.005 pp-0.003 pp+0.008 pp+15.6%
Mar 20240.067%-0.002 pp-0.005 pp-0.004 pp+0.008 pp+15.4%
Feb 20240.069%-0.003 pp-0.002 pp-0.001 pp+0.010 pp+19.5%
Jan 20240.071%-0.001 pp+0.003 pp+0.028 pp+0.011 pp+21.3%
Dec 20230.072%+0.001 pp+0.002 pp+0.027 pp+0.015 pp+27.8%
Nov 20230.071%+0.003 pp+0.001 pp+0.028 pp+0.012 pp+19.1%
Oct 20230.069%-0.002 pp+0.025 pp+0.011 pp+0.006 pp+4.7%
Sep 20230.071%+0.001 pp+0.025 pp+0.012 pp+0.004 pp+4.7%
Aug 20230.070%+0.027 pp+0.027 pp+0.012 pp-0.002 pp-3.0%
Jul 20230.043%-0.002 pp-0.015 pp-0.017 pp-0.021 pp-5.4%
Jun 20230.045%+0.002 pp-0.014 pp-0.012 pp-0.020 pp+1.7%
May 20230.043%-0.015 pp-0.015 pp-0.017 pp-0.019 pp+1.2%
Apr 20230.058%-0.001 pp-0.003 pp-0.005 pp-0.003 pp+0.2%
Mar 20230.059%+0.001 pp+0.002 pp-0.008 pp-0.002 pp+3.3%
Feb 20230.058%-0.002 pp-0.001 pp-0.014 pp-0.001 pp+7.0%
Jan 20230.061%+0.004 pp-0.002 pp-0.004 pp-0.002 pp+4.7%
Dec 20220.057%-0.003 pp-0.010 pp-0.008 pp-0.011 pp-8.4%
Nov 20220.060%-0.003 pp-0.012 pp-0.002 pp-0.007 pp+1.2%
Oct 20220.062%-0.004 pp-0.002 pp+0.002 pp-0.007 pp+6.7%
Sep 20220.067%-0.005 pp+0.002 pp+0.005 pp-0.001 pp+10.9%
Aug 20220.072%+0.007 pp+0.010 pp+0.013 pp+0.005 pp+20.3%
Jul 20220.065%-0.000 pp+0.004 pp+0.002 pp-0.004 pp+4.9%
Jun 20220.065%+0.003 pp+0.004 pp-0.003 pp-0.001 pp+6.1%
May 20220.062%+0.001 pp+0.003 pp-0.005 pp-0.005 pp-0.1%
Apr 20220.061%-0.000 pp-0.002 pp-0.008 pp-0.006 pp-2.0%
Mar 20220.061%+0.002 pp-0.007 pp-0.007 pp+0.027 pp-3.2%
Feb 20220.059%-0.003 pp-0.007 pp-0.008 pp+0.026 pp-3.3%
Jan 20220.062%-0.006 pp-0.007 pp-0.007 pp+0.023 pp+0.7%
Dec 20210.068%+0.002 pp+0.000 pp+0.002 pp-0.003 pp+2.1%
Nov 20210.066%-0.003 pp-0.001 pp+0.000 pp-0.006 pp-2.6%
Oct 20210.069%+0.001 pp+0.000 pp+0.003 pp-0.006 pp-3.8%
Sep 20210.068%+0.001 pp+0.002 pp+0.033 pp+0.068 pp+1.0%
Aug 20210.067%-0.002 pp+0.001 pp+0.034 pp+0.067 pp-1.0%
Jul 20210.069%+0.003 pp+0.003 pp+0.030 pp+0.069 pp-1.7%
Jun 20210.066%-0.000 pp+0.032 pp-0.005 pp+0.066 pp-6.7%
May 20210.066%-0.000 pp+0.033 pp-0.006 pp+0.066 pp-5.5%
Apr 20210.067%+0.032 pp+0.027 pp-0.009 pp-0.008 pp-5.2%
Mar 20210.035%+0.002 pp-0.037 pp+0.035 pp+0.035 pp+6.2%
Feb 20210.033%-0.006 pp-0.039 pp+0.033 pp+0.033 pp+6.9%
Jan 20210.039%-0.033 pp-0.036 pp+0.039 pp-0.028 pp+2.6%
Dec 20200.072%-0.000 pp+0.072 pp+0.072 pp+0.002 pp+8.5%
Nov 20200.072%-0.003 pp+0.072 pp+0.072 pp+0.001 pp+5.2%
Oct 20200.075%+0.075 pp+0.075 pp+0.001 pp+0.001 pp+6.4%
Sep 20200.000%-0.000 pp-0.000 pp+0.000 pp-0.075 pp-2.3%
Aug 20200.000%+0.000 pp+0.000 pp+0.000 pp-0.080 pp-7.2%
Jul 20200.000%-0.000 pp-0.074 pp-0.067 pp-0.078 pp+0.2%
Jun 20200.000%+0.000 pp+0.000 pp-0.069 pp-0.080 pp-1.3%
May 20200.000%-0.074 pp+0.000 pp-0.071 pp-0.084 pp-6.5%
Apr 20200.075%+0.074 pp+0.007 pp-0.000 pp-0.002 pp+5.9%
Mar 20200.000%+0.000 pp-0.069 pp-0.075 pp-0.069 pp+4.8%
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.