Universe›Industrials›Research & Consulting Services
Observatory · observe first

Research & Consulting Services

Research & Consulting 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
0.19%
$0.06T
12-month change
-0.02 pp
6-month change
+0.01 pp
3-month change
-0.00 pp
Company participation
50%
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-0.004 pp
Industry total-0.021 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

May 2018 – Apr 2023 · market weight (%)

0.00.10.220192020202120222023

Relative performance

Industry return versus ACWI · no future data shown

10713215820192020202120222023

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 average50%
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-0.02 pp
Relative strength · 12M-3.6%
Price index return · 12M-1.1%
Earnings revisions · unavailable0.0
Allocation lost weight while relative performance fell. 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
Verisk Analytics →
VRSK
Research & Consulting ServicesUnited States0.101%-0.018 pp-4.2%0.0
Equifax →
EFX
Research & Consulting ServicesUnited States0.086%-0.004 pp+3.2%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Apr 20230.188%+0.002 pp-0.003 pp+0.012 pp-0.021 pp-3.6%
Mar 20230.186%+0.006 pp+0.001 pp-0.002 pp-0.028 pp-5.0%
Feb 20230.180%-0.010 pp+0.001 pp-0.008 pp-0.011 pp+4.1%
Jan 20230.190%+0.005 pp+0.015 pp-0.001 pp-0.014 pp+1.7%
Dec 20220.185%+0.006 pp-0.002 pp-0.008 pp-0.047 pp-11.3%
Nov 20220.180%+0.004 pp-0.008 pp-0.009 pp-0.058 pp-13.4%
Oct 20220.176%-0.012 pp-0.016 pp-0.034 pp-0.051 pp-7.1%
Sep 20220.188%-0.000 pp-0.006 pp-0.026 pp-0.034 pp-3.0%
Aug 20220.188%-0.003 pp-0.001 pp-0.004 pp-0.032 pp-3.1%
Jul 20220.191%-0.002 pp-0.018 pp-0.014 pp-0.023 pp+0.9%
Jun 20220.193%+0.005 pp-0.021 pp-0.039 pp-0.010 pp+4.1%
May 20220.189%-0.020 pp-0.003 pp-0.049 pp-0.014 pp+1.1%
Apr 20220.209%-0.005 pp+0.004 pp-0.017 pp-0.003 pp+5.8%
Mar 20220.214%+0.022 pp-0.019 pp-0.008 pp+0.115 pp+18.3%
Feb 20220.192%-0.013 pp-0.046 pp-0.028 pp+0.099 pp+11.7%
Jan 20220.205%-0.028 pp-0.022 pp-0.010 pp+0.082 pp+5.2%
Dec 20210.233%-0.005 pp+0.011 pp+0.030 pp+0.001 pp+7.9%
Nov 20210.237%+0.011 pp+0.018 pp+0.034 pp+0.014 pp+12.8%
Oct 20210.226%+0.005 pp+0.012 pp+0.014 pp+0.011 pp+9.7%
Sep 20210.222%+0.002 pp+0.019 pp+0.122 pp+0.222 pp+2.2%
Aug 20210.220%+0.005 pp+0.017 pp+0.127 pp+0.220 pp+1.5%
Jul 20210.214%+0.012 pp+0.002 pp+0.091 pp+0.214 pp-6.4%
Jun 20210.203%+0.000 pp+0.104 pp-0.029 pp+0.203 pp-14.4%
May 20210.203%-0.009 pp+0.110 pp-0.020 pp+0.203 pp-13.8%
Apr 20210.212%+0.113 pp+0.089 pp-0.003 pp-0.022 pp-3.8%
Mar 20210.099%+0.007 pp-0.132 pp+0.099 pp+0.099 pp-11.0%
Feb 20210.093%-0.030 pp-0.130 pp+0.092 pp+0.093 pp-15.5%
Jan 20210.123%-0.108 pp-0.092 pp+0.123 pp-0.098 pp-1.4%
Dec 20200.232%+0.008 pp+0.231 pp+0.231 pp+0.028 pp+19.9%
Nov 20200.223%+0.008 pp+0.223 pp+0.223 pp+0.016 pp+12.5%
Oct 20200.215%+0.215 pp+0.215 pp-0.018 pp+0.006 pp+8.7%
Sep 20200.000%-0.000 pp-0.000 pp+0.000 pp-0.227 pp+4.8%
Aug 20200.000%+0.000 pp-0.000 pp+0.000 pp-0.240 pp-0.2%
Jul 20200.000%-0.000 pp-0.234 pp-0.221 pp-0.221 pp+13.8%
Jun 20200.000%+0.000 pp+0.000 pp-0.203 pp-0.217 pp+19.2%
May 20200.000%-0.234 pp+0.000 pp-0.207 pp-0.218 pp+19.1%
Apr 20200.234%+0.234 pp+0.013 pp+0.024 pp+0.020 pp+16.6%
Mar 20200.000%+0.000 pp-0.203 pp-0.227 pp-0.207 pp+17.1%
Feb 20200.000%-0.221 pp-0.207 pp-0.240 pp-0.196 pp+21.4%
Jan 20200.221%+0.018 pp+0.011 pp-0.001 pp+0.115 pp+21.5%
Dec 20190.203%-0.004 pp-0.024 pp-0.014 pp+0.099 pp+13.3%
Nov 20190.207%-0.003 pp-0.033 pp-0.012 pp+0.098 pp+11.7%
Oct 20190.210%-0.018 pp-0.012 pp-0.004 pp+0.102 pp+12.8%
Sep 20190.228%-0.012 pp+0.010 pp+0.021 pp+0.114 pp+20.0%
Aug 20190.240%+0.018 pp+0.021 pp+0.043 pp+0.124 pp+24.8%
Jul 20190.221%+0.004 pp+0.008 pp+0.115 pp+0.027 pp+22.6%
Jun 20190.217%-0.001 pp+0.010 pp+0.113 pp+0.018 pp+17.2%
May 20190.219%+0.005 pp+0.022 pp+0.110 pp+0.029 pp+22.6%
Apr 20190.213%+0.006 pp+0.107 pp+0.105 pp+0.023 pp+17.8%
Mar 20190.207%+0.011 pp+0.103 pp+0.094 pp+0.015 pp+13.2%
Feb 20190.196%+0.090 pp+0.088 pp+0.081 pp+0.014 pp+12.8%
Jan 20190.106%+0.002 pp-0.002 pp-0.088 pp-0.073 pp+10.7%
Dec 20180.104%-0.004 pp-0.009 pp-0.095 pp-0.075 pp+8.3%
Nov 20180.109%+0.000 pp-0.007 pp-0.081 pp-0.071 pp+12.5%
Oct 20180.108%-0.005 pp-0.086 pp-0.082 pp-0.071 pp+11.6%
Sep 20180.113%-0.002 pp-0.086 pp-0.079 pp-0.066 pp+15.0%
Aug 20180.115%-0.079 pp-0.074 pp-0.067 pp-0.064 pp+16.3%
Jul 20180.194%-0.005 pp+0.004 pp+0.015 pp+0.015 pp+9.0%
Jun 20180.199%+0.010 pp+0.007 pp+0.020 pp+0.020 pp+10.6%
May 20180.190%-0.001 pp+0.007 pp+0.010 pp+0.010 pp+4.7%
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.