Universe›Industrials›Diversified Support Services
Observatory · observe first

Diversified Support Services

Diversified Support Services is losing market weight. No persistent monthly direction.

Historical time machine
Historical observation
20182026
Declining fasterConcentrated

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

Universe weight
0.00%
$0.02T
12-month change
-0.05 pp
6-month change
-0.13 pp
3-month change
-0.13 pp
Company participation
0%
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
Cintas →-0.030 pp
All other companies-0.020 pp
Industry total-0.050 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

Jan 2018 – Mar 2020 · market weight (%)

0.00.10.1201820192020

Relative performance

Industry return versus ACWI · no future data shown

103140177201820192020

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 average0%
Above their 12M universe-weight average0%
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-0.05 pp
Relative strength · 12M+32.2%
Price index return · 12M+17.5%
Earnings revisions · unavailable0.0
Allocation lost weight while relative performance rose. 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
Cintas →
CTAS
Diversified Support ServicesUnited States0.000%-0.030 pp-13.5%0.0
Copart →
CPRT
Diversified Support ServicesUnited States0.000%-0.020 pp+13.1%0.0
Leidos →
LDOS
Diversified Support ServicesUnited States0.000%+0.000 pp+45.3%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Mar 20200.000%-0.000 pp-0.128 pp-0.127 pp-0.050 pp+32.2%
Feb 20200.000%-0.135 pp-0.124 pp-0.128 pp-0.051 pp+38.0%
Jan 20200.135%+0.007 pp+0.010 pp+0.076 pp+0.109 pp+45.2%
Dec 20190.128%+0.004 pp+0.001 pp+0.072 pp+0.102 pp+38.5%
Nov 20190.124%-0.001 pp-0.004 pp+0.067 pp+0.098 pp+32.6%
Oct 20190.125%-0.002 pp+0.066 pp+0.072 pp+0.099 pp+35.0%
Sep 20190.127%-0.002 pp+0.070 pp+0.077 pp+0.101 pp+38.2%
Aug 20190.129%+0.069 pp+0.071 pp+0.078 pp+0.098 pp+22.0%
Jul 20190.059%+0.003 pp+0.006 pp+0.033 pp+0.008 pp+27.6%
Jun 20190.057%-0.001 pp+0.006 pp+0.030 pp+0.027 pp+27.5%
May 20190.058%+0.005 pp+0.007 pp+0.031 pp+0.028 pp+30.9%
Apr 20190.053%+0.003 pp+0.027 pp+0.027 pp+0.025 pp+26.2%
Mar 20190.050%-0.000 pp+0.024 pp+0.024 pp+0.022 pp+19.2%
Feb 20190.051%+0.025 pp+0.024 pp+0.020 pp+0.023 pp+23.0%
Jan 20190.026%-0.000 pp-0.000 pp-0.025 pp+0.000 pp+19.0%
Dec 20180.026%-0.001 pp-0.000 pp-0.004 pp+0.000 pp+17.4%
Nov 20180.027%+0.000 pp-0.004 pp-0.003 pp+0.001 pp+19.7%
Oct 20180.026%-0.000 pp-0.025 pp-0.002 pp+0.001 pp+16.5%
Sep 20180.026%-0.004 pp-0.004 pp-0.002 pp+0.001 pp+15.9%
Aug 20180.030%-0.021 pp+0.001 pp+0.003 pp+0.005 pp+33.0%
Jul 20180.051%+0.021 pp+0.023 pp+0.026 pp+0.026 pp+24.8%
Jun 20180.030%+0.000 pp+0.002 pp+0.004 pp+0.004 pp+16.4%
May 20180.030%+0.002 pp+0.002 pp+0.004 pp+0.004 pp+14.0%
Apr 20180.028%+0.000 pp+0.002 pp+0.002 pp+0.002 pp+7.0%
Mar 20180.028%+0.001 pp+0.002 pp+0.002 pp+0.002 pp+7.6%
Feb 20180.027%+0.002 pp+0.002 pp+0.002 pp+0.002 pp+6.1%
Jan 20180.026%+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.