Industrial Conglomerates
Industrial Conglomerates 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
Oct 2019 – Sep 2024 · 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 |
|---|---|---|---|---|---|---|
| Honeywell Technologies → HON | Industrial Conglomerates | United States | 0.309% | -0.096 pp | +14.4% | 0.0 |
| DuPont → DD | Industrial Conglomerates | United States | 0.109% | -0.035 pp | +21.9% | 0.0 |
| 3M → MMM | Industrial Conglomerates | United States | 0.175% | +0.031 pp | +82.6% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Sep 2024 | 0.593% | -0.016 pp | +0.150 pp | -0.022 pp | -0.100 pp | -1.3% |
| Aug 2024 | 0.608% | +0.168 pp | +0.171 pp | +0.015 pp | -0.083 pp | -0.3% |
| Jul 2024 | 0.440% | -0.003 pp | -0.184 pp | -0.181 pp | -0.047 pp | -0.3% |
| Jun 2024 | 0.443% | +0.006 pp | -0.172 pp | -0.239 pp | -0.075 pp | -6.2% |
| May 2024 | 0.437% | -0.187 pp | -0.156 pp | -0.224 pp | -0.076 pp | -5.7% |
| Apr 2024 | 0.624% | +0.010 pp | +0.003 pp | -0.068 pp | -0.121 pp | -11.4% |
| Mar 2024 | 0.614% | +0.021 pp | -0.068 pp | -0.078 pp | -0.122 pp | -11.5% |
| Feb 2024 | 0.593% | -0.028 pp | -0.068 pp | -0.098 pp | -0.174 pp | -18.2% |
| Jan 2024 | 0.621% | -0.061 pp | -0.071 pp | +0.133 pp | -0.193 pp | -17.6% |
| Dec 2023 | 0.682% | +0.021 pp | -0.011 pp | +0.164 pp | -0.186 pp | -16.7% |
| Nov 2023 | 0.661% | -0.030 pp | -0.030 pp | +0.148 pp | -0.181 pp | -17.7% |
| Oct 2023 | 0.692% | -0.001 pp | +0.204 pp | -0.053 pp | -0.124 pp | -15.3% |
| Sep 2023 | 0.693% | +0.002 pp | +0.175 pp | -0.044 pp | -0.076 pp | -6.6% |
| Aug 2023 | 0.691% | +0.204 pp | +0.178 pp | -0.075 pp | -0.097 pp | -8.4% |
| Jul 2023 | 0.487% | -0.030 pp | -0.258 pp | -0.327 pp | -0.322 pp | -10.2% |
| Jun 2023 | 0.518% | +0.004 pp | -0.219 pp | -0.351 pp | -0.315 pp | -3.9% |
| May 2023 | 0.513% | -0.232 pp | -0.253 pp | -0.329 pp | -0.368 pp | -10.1% |
| Apr 2023 | 0.745% | +0.008 pp | -0.069 pp | -0.070 pp | -0.127 pp | -4.6% |
| Mar 2023 | 0.737% | -0.030 pp | -0.132 pp | -0.032 pp | -0.106 pp | -0.3% |
| Feb 2023 | 0.767% | -0.047 pp | -0.075 pp | -0.022 pp | -0.099 pp | +2.5% |
| Jan 2023 | 0.814% | -0.054 pp | -0.001 pp | +0.005 pp | -0.091 pp | +1.9% |
| Dec 2022 | 0.868% | +0.026 pp | +0.100 pp | +0.036 pp | -0.029 pp | +11.5% |
| Nov 2022 | 0.842% | +0.027 pp | +0.054 pp | -0.039 pp | -0.062 pp | +10.4% |
| Oct 2022 | 0.815% | +0.047 pp | +0.006 pp | -0.057 pp | -0.122 pp | +8.1% |
| Sep 2022 | 0.768% | -0.020 pp | -0.064 pp | -0.074 pp | -0.195 pp | -5.7% |
| Aug 2022 | 0.788% | -0.021 pp | -0.093 pp | -0.077 pp | -0.218 pp | -8.4% |
| Jul 2022 | 0.809% | -0.023 pp | -0.063 pp | -0.095 pp | -0.238 pp | -9.7% |
| Jun 2022 | 0.832% | -0.049 pp | -0.010 pp | -0.065 pp | -0.222 pp | -11.1% |
| May 2022 | 0.881% | +0.009 pp | +0.016 pp | -0.023 pp | -0.242 pp | -12.1% |
| Apr 2022 | 0.872% | +0.030 pp | -0.032 pp | -0.065 pp | -0.218 pp | -10.7% |
| Mar 2022 | 0.843% | -0.023 pp | -0.054 pp | -0.121 pp | +0.266 pp | -17.0% |
| Feb 2022 | 0.865% | -0.039 pp | -0.039 pp | -0.142 pp | +0.323 pp | -11.0% |
| Jan 2022 | 0.905% | +0.008 pp | -0.033 pp | -0.143 pp | +0.202 pp | -10.9% |
| Dec 2021 | 0.897% | -0.007 pp | -0.066 pp | -0.157 pp | -0.306 pp | -12.3% |
| Nov 2021 | 0.904% | -0.033 pp | -0.103 pp | -0.219 pp | -0.298 pp | -12.7% |
| Oct 2021 | 0.937% | -0.026 pp | -0.110 pp | -0.153 pp | -0.218 pp | -7.3% |
| Sep 2021 | 0.963% | -0.043 pp | -0.091 pp | +0.387 pp | +0.962 pp | -1.9% |
| Aug 2021 | 1.007% | -0.041 pp | -0.116 pp | +0.464 pp | +1.006 pp | +5.2% |
| Jul 2021 | 1.047% | -0.007 pp | -0.043 pp | +0.345 pp | +1.046 pp | +11.5% |
| Jun 2021 | 1.054% | -0.069 pp | +0.478 pp | -0.149 pp | +1.053 pp | +4.5% |
| May 2021 | 1.123% | +0.033 pp | +0.581 pp | -0.080 pp | +1.122 pp | +8.5% |
| Apr 2021 | 1.090% | +0.514 pp | +0.387 pp | -0.065 pp | -0.123 pp | +4.5% |
| Mar 2021 | 0.576% | +0.034 pp | -0.627 pp | +0.575 pp | +0.575 pp | +9.9% |
| Feb 2021 | 0.542% | -0.160 pp | -0.660 pp | +0.541 pp | +0.541 pp | +1.9% |
| Jan 2021 | 0.703% | -0.501 pp | -0.452 pp | +0.702 pp | -0.512 pp | +5.0% |
| Dec 2020 | 1.203% | +0.001 pp | +1.202 pp | +1.202 pp | -0.119 pp | -1.6% |
| Nov 2020 | 1.203% | +0.048 pp | +1.201 pp | +1.201 pp | -0.147 pp | -4.7% |
| Oct 2020 | 1.155% | +1.154 pp | +1.154 pp | -0.058 pp | -0.214 pp | -8.4% |
| Sep 2020 | 0.001% | -0.000 pp | -0.000 pp | +0.000 pp | -1.412 pp | -14.1% |
| Aug 2020 | 0.001% | +0.000 pp | -0.000 pp | +0.000 pp | -1.404 pp | -15.3% |
| Jul 2020 | 0.001% | -0.000 pp | -1.211 pp | -1.214 pp | -2.182 pp | -20.5% |
| Jun 2020 | 0.001% | -0.000 pp | +0.000 pp | -1.321 pp | -2.267 pp | -18.4% |
| May 2020 | 0.001% | -1.211 pp | +0.000 pp | -1.349 pp | -1.135 pp | -15.9% |
| Apr 2020 | 1.213% | +1.212 pp | -0.002 pp | -0.156 pp | +0.008 pp | -18.3% |
| Mar 2020 | 0.001% | +0.000 pp | -1.321 pp | -1.413 pp | -1.232 pp | -22.7% |
| Feb 2020 | 0.001% | -1.214 pp | -1.349 pp | -1.405 pp | -1.221 pp | -20.9% |
| Jan 2020 | 1.215% | -0.108 pp | -0.154 pp | -0.968 pp | +0.546 pp | -18.1% |
| Dec 2019 | 1.322% | -0.028 pp | -0.091 pp | -0.946 pp | +0.645 pp | -12.5% |
| Nov 2019 | 1.350% | -0.019 pp | -0.055 pp | +0.213 pp | +0.657 pp | -11.9% |
| Oct 2019 | 1.369% | -0.045 pp | -0.814 pp | +0.164 pp | +0.696 pp | -8.7% |
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.