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

Research & Consulting Services

Research & Consulting Services is losing market weight. Lost weight for 5 consecutive months.

Historical time machine
Historical observation
20182026
Declining fasterConcentrated

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

Universe weight
0.13%
$0.07T
12-month change
-0.04 pp
6-month change
-0.04 pp
3-month change
-0.03 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
Equifax →-0.021 pp
All other companies-0.018 pp
Industry total-0.040 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

Oct 2020 – Sep 2025 · market weight (%)

0.10.20.220212022202320242025

Relative performance

Industry return versus ACWI · no future data shown

11813815820212022202320242025

Is participation broad or concentrated?

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

Above their 3M universe-weight average50%
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-0.04 pp
Relative strength · 12M-22.3%
Price index return · 12M-8.7%
Earnings revisions · unavailable0.0
Allocation lost weight while relative performance fell. 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
Equifax →
EFX
Research & Consulting ServicesUnited States0.064%-0.021 pp-12.1%0.0
Verisk Analytics →
VRSK
Research & Consulting ServicesUnited States0.070%-0.018 pp-5.6%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Sep 20250.134%-0.007 pp-0.029 pp-0.037 pp-0.040 pp-22.3%
Aug 20250.141%-0.004 pp-0.033 pp-0.020 pp-0.045 pp-22.5%
Jul 20250.145%-0.019 pp-0.033 pp-0.021 pp+0.016 pp-16.0%
Jun 20250.163%-0.010 pp-0.007 pp+0.004 pp+0.035 pp-3.4%
May 20250.174%-0.004 pp+0.013 pp+0.011 pp+0.050 pp+6.4%
Apr 20250.177%+0.007 pp+0.011 pp+0.009 pp+0.008 pp+14.6%
Mar 20250.171%+0.010 pp+0.011 pp-0.003 pp-0.015 pp+1.8%
Feb 20250.161%-0.005 pp-0.002 pp-0.025 pp-0.035 pp-7.2%
Jan 20250.166%+0.006 pp-0.002 pp+0.037 pp-0.028 pp-3.5%
Dec 20240.160%-0.003 pp-0.014 pp+0.032 pp-0.034 pp-6.2%
Nov 20240.163%-0.005 pp-0.022 pp+0.040 pp-0.030 pp-3.8%
Oct 20240.168%-0.005 pp+0.040 pp-0.001 pp-0.015 pp+2.2%
Sep 20240.173%-0.012 pp+0.045 pp-0.012 pp-0.016 pp+0.9%
Aug 20240.186%+0.057 pp+0.062 pp-0.011 pp-0.007 pp+4.2%
Jul 20240.129%+0.001 pp-0.041 pp-0.065 pp+0.002 pp+6.8%
Jun 20240.128%+0.005 pp-0.057 pp-0.066 pp-0.014 pp-5.9%
May 20240.124%-0.046 pp-0.073 pp-0.069 pp-0.018 pp-7.8%
Apr 20240.169%-0.016 pp-0.024 pp-0.014 pp-0.018 pp-6.0%
Mar 20240.186%-0.011 pp-0.008 pp-0.004 pp-0.000 pp+4.1%
Feb 20240.197%+0.003 pp+0.004 pp+0.004 pp+0.016 pp+13.3%
Jan 20240.194%-0.001 pp+0.010 pp+0.067 pp+0.003 pp+7.5%
Dec 20230.194%+0.001 pp+0.005 pp+0.052 pp+0.009 pp+8.5%
Nov 20230.193%+0.010 pp-0.000 pp+0.051 pp+0.013 pp+10.0%
Oct 20230.183%-0.006 pp+0.056 pp-0.005 pp+0.008 pp+3.2%
Sep 20230.189%-0.003 pp+0.047 pp+0.003 pp+0.002 pp+3.4%
Aug 20230.193%+0.066 pp+0.051 pp+0.013 pp+0.005 pp+5.9%
Jul 20230.127%-0.016 pp-0.061 pp-0.064 pp-0.064 pp-1.9%
Jun 20230.142%+0.001 pp-0.044 pp-0.043 pp-0.051 pp+12.4%
May 20230.142%-0.046 pp-0.039 pp-0.038 pp-0.047 pp+14.2%
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%
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.