Trading Companies & Distributors
Trading Companies & Distributors is gaining market weight. Gained weight for 1 consecutive month.
Most of this industry's gains 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 gains. 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
Aug 2020 – Jul 2025 · 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 |
|---|---|---|---|---|---|---|
| Fastenal → FAST | Trading Companies & Distributors | United States | 0.112% | +0.075 pp | +33.2% | 0.0 |
| United Rentals → URI | Trading Companies & Distributors | United States | 0.120% | +0.030 pp | +17.7% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jul 2025 | 0.231% | +0.074 pp | +0.077 pp | +0.075 pp | +0.105 pp | +5.5% |
| Jun 2025 | 0.158% | -0.001 pp | +0.008 pp | +0.006 pp | +0.043 pp | +5.9% |
| May 2025 | 0.158% | +0.004 pp | +0.016 pp | -0.020 pp | +0.037 pp | -0.1% |
| Apr 2025 | 0.154% | +0.004 pp | -0.002 pp | -0.024 pp | -0.031 pp | -7.6% |
| Mar 2025 | 0.150% | +0.008 pp | -0.002 pp | -0.022 pp | -0.046 pp | -14.0% |
| Feb 2025 | 0.142% | -0.014 pp | -0.036 pp | -0.023 pp | -0.051 pp | -15.5% |
| Jan 2025 | 0.157% | +0.005 pp | -0.021 pp | +0.031 pp | -0.026 pp | -2.0% |
| Dec 2024 | 0.152% | -0.027 pp | -0.021 pp | +0.037 pp | -0.020 pp | +2.7% |
| Nov 2024 | 0.178% | +0.000 pp | +0.013 pp | +0.057 pp | +0.024 pp | +34.1% |
| Oct 2024 | 0.178% | +0.006 pp | +0.052 pp | -0.007 pp | +0.028 pp | +34.4% |
| Sep 2024 | 0.172% | +0.007 pp | +0.058 pp | -0.023 pp | +0.019 pp | +26.9% |
| Aug 2024 | 0.166% | +0.040 pp | +0.044 pp | -0.028 pp | +0.010 pp | +17.8% |
| Jul 2024 | 0.126% | +0.012 pp | -0.059 pp | -0.057 pp | +0.020 pp | +28.9% |
| Jun 2024 | 0.114% | -0.007 pp | -0.081 pp | -0.057 pp | +0.005 pp | +12.0% |
| May 2024 | 0.121% | -0.064 pp | -0.072 pp | -0.033 pp | +0.027 pp | +39.1% |
| Apr 2024 | 0.185% | -0.010 pp | +0.002 pp | +0.035 pp | +0.049 pp | +41.3% |
| Mar 2024 | 0.196% | +0.002 pp | +0.024 pp | +0.042 pp | +0.049 pp | +38.9% |
| Feb 2024 | 0.193% | +0.010 pp | +0.039 pp | +0.037 pp | +0.027 pp | +20.5% |
| Jan 2024 | 0.183% | +0.012 pp | +0.033 pp | +0.077 pp | +0.029 pp | +25.0% |
| Dec 2023 | 0.171% | +0.017 pp | +0.018 pp | +0.061 pp | +0.033 pp | +27.2% |
| Nov 2023 | 0.154% | +0.004 pp | -0.002 pp | +0.059 pp | +0.021 pp | +17.0% |
| Oct 2023 | 0.150% | -0.003 pp | +0.045 pp | +0.015 pp | +0.024 pp | +15.2% |
| Sep 2023 | 0.153% | -0.003 pp | +0.044 pp | +0.007 pp | +0.027 pp | +22.4% |
| Aug 2023 | 0.156% | +0.050 pp | +0.061 pp | -0.010 pp | +0.031 pp | +26.9% |
| Jul 2023 | 0.106% | -0.004 pp | -0.030 pp | -0.049 pp | -0.023 pp | +18.9% |
| Jun 2023 | 0.110% | +0.015 pp | -0.036 pp | -0.028 pp | -0.014 pp | +33.9% |
| May 2023 | 0.095% | -0.041 pp | -0.071 pp | -0.038 pp | -0.038 pp | +7.5% |
| Apr 2023 | 0.136% | -0.010 pp | -0.018 pp | +0.009 pp | -0.004 pp | +5.6% |
| Mar 2023 | 0.146% | -0.020 pp | +0.008 pp | +0.020 pp | +0.002 pp | +12.2% |
| Feb 2023 | 0.166% | +0.012 pp | +0.033 pp | +0.041 pp | +0.034 pp | +40.8% |
| Jan 2023 | 0.154% | +0.016 pp | +0.027 pp | +0.026 pp | +0.021 pp | +28.9% |
| Dec 2022 | 0.138% | +0.005 pp | +0.012 pp | +0.014 pp | +0.002 pp | +14.3% |
| Nov 2022 | 0.133% | +0.006 pp | +0.008 pp | +0.001 pp | -0.007 pp | +10.3% |
| Oct 2022 | 0.127% | +0.000 pp | -0.002 pp | -0.013 pp | -0.020 pp | +5.5% |
| Sep 2022 | 0.126% | +0.001 pp | +0.003 pp | -0.018 pp | -0.015 pp | +3.5% |
| Aug 2022 | 0.125% | -0.003 pp | -0.008 pp | -0.007 pp | -0.014 pp | +2.9% |
| Jul 2022 | 0.128% | +0.005 pp | -0.011 pp | -0.004 pp | -0.007 pp | +8.2% |
| Jun 2022 | 0.124% | -0.009 pp | -0.021 pp | -0.013 pp | -0.011 pp | +0.2% |
| May 2022 | 0.132% | -0.007 pp | +0.000 pp | -0.008 pp | -0.009 pp | +1.5% |
| Apr 2022 | 0.140% | -0.005 pp | +0.007 pp | -0.007 pp | +0.001 pp | +8.9% |
| Mar 2022 | 0.144% | +0.012 pp | +0.008 pp | +0.003 pp | +0.069 pp | +5.6% |
| Feb 2022 | 0.132% | -0.001 pp | -0.008 pp | -0.007 pp | +0.063 pp | +2.3% |
| Jan 2022 | 0.133% | -0.003 pp | -0.014 pp | -0.003 pp | +0.059 pp | +14.1% |
| Dec 2021 | 0.136% | -0.004 pp | -0.005 pp | +0.002 pp | +0.012 pp | +17.1% |
| Nov 2021 | 0.140% | -0.006 pp | +0.001 pp | -0.001 pp | +0.011 pp | +14.7% |
| Oct 2021 | 0.147% | +0.005 pp | +0.011 pp | +0.008 pp | +0.027 pp | +28.1% |
| Sep 2021 | 0.141% | +0.002 pp | +0.007 pp | +0.067 pp | +0.141 pp | +25.5% |
| Aug 2021 | 0.139% | +0.003 pp | -0.002 pp | +0.070 pp | +0.139 pp | +21.9% |
| Jul 2021 | 0.136% | +0.002 pp | -0.003 pp | +0.062 pp | +0.136 pp | +21.3% |
| Jun 2021 | 0.134% | -0.007 pp | +0.060 pp | +0.010 pp | +0.134 pp | +19.8% |
| May 2021 | 0.141% | +0.003 pp | +0.072 pp | +0.011 pp | +0.141 pp | +28.8% |
| Apr 2021 | 0.138% | +0.064 pp | +0.065 pp | +0.019 pp | +0.028 pp | +33.9% |
| Mar 2021 | 0.075% | +0.005 pp | -0.050 pp | +0.075 pp | +0.075 pp | +53.2% |
| Feb 2021 | 0.070% | -0.004 pp | -0.060 pp | +0.069 pp | +0.069 pp | +39.9% |
| Jan 2021 | 0.073% | -0.051 pp | -0.046 pp | +0.073 pp | -0.026 pp | +33.0% |
| Dec 2020 | 0.124% | -0.005 pp | +0.124 pp | +0.124 pp | +0.011 pp | +18.4% |
| Nov 2020 | 0.130% | +0.010 pp | +0.130 pp | +0.130 pp | +0.021 pp | +26.6% |
| Oct 2020 | 0.120% | +0.120 pp | +0.120 pp | +0.010 pp | +0.014 pp | +21.9% |
| Sep 2020 | 0.000% | -0.000 pp | +0.000 pp | +0.000 pp | -0.101 pp | +27.2% |
| Aug 2020 | 0.000% | +0.000 pp | +0.000 pp | +0.000 pp | -0.095 pp | +37.8% |
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.