Data Center REITs
Data Center REITs is gaining market weight. Lost weight for 2 consecutive months.
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
Jan 2018 – Jan 2022 · 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 |
|---|---|---|---|---|---|---|
| Equinix → EQIX | Data Center REITs | United States | 0.220% | +0.062 pp | -0.5% | 0.0 |
| Digital Realty → DLR | Data Center REITs | United States | 0.142% | +0.046 pp | +6.8% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jan 2022 | 0.362% | -0.043 pp | -0.038 pp | -0.039 pp | +0.107 pp | -10.0% |
| Dec 2021 | 0.405% | -0.003 pp | +0.012 pp | +0.001 pp | -0.011 pp | +4.7% |
| Nov 2021 | 0.408% | +0.008 pp | -0.000 pp | +0.019 pp | -0.016 pp | +2.1% |
| Oct 2021 | 0.400% | +0.008 pp | -0.001 pp | +0.009 pp | -0.092 pp | -15.9% |
| Sep 2021 | 0.392% | -0.016 pp | -0.011 pp | +0.196 pp | +0.392 pp | -18.0% |
| Aug 2021 | 0.408% | +0.007 pp | +0.019 pp | +0.217 pp | +0.407 pp | -15.6% |
| Jul 2021 | 0.401% | -0.002 pp | +0.010 pp | +0.147 pp | +0.401 pp | -22.5% |
| Jun 2021 | 0.403% | +0.014 pp | +0.207 pp | -0.012 pp | +0.403 pp | -18.5% |
| May 2021 | 0.389% | -0.002 pp | +0.198 pp | -0.035 pp | +0.389 pp | -23.7% |
| Apr 2021 | 0.391% | +0.195 pp | +0.137 pp | -0.101 pp | -0.107 pp | -26.2% |
| Mar 2021 | 0.196% | +0.005 pp | -0.220 pp | +0.196 pp | +0.196 pp | -29.7% |
| Feb 2021 | 0.191% | -0.063 pp | -0.233 pp | +0.191 pp | +0.191 pp | -11.3% |
| Jan 2021 | 0.255% | -0.161 pp | -0.238 pp | +0.254 pp | -0.120 pp | +6.2% |
| Dec 2020 | 0.416% | -0.009 pp | +0.415 pp | +0.415 pp | +0.049 pp | +5.5% |
| Nov 2020 | 0.424% | -0.068 pp | +0.424 pp | +0.424 pp | +0.054 pp | +5.5% |
| Oct 2020 | 0.492% | +0.492 pp | +0.492 pp | -0.006 pp | +0.104 pp | +19.8% |
| Sep 2020 | 0.001% | -0.000 pp | -0.000 pp | +0.000 pp | -0.403 pp | +15.3% |
| Aug 2020 | 0.001% | +0.000 pp | +0.000 pp | +0.000 pp | -0.396 pp | +19.4% |
| Jul 2020 | 0.001% | +0.000 pp | -0.497 pp | -0.374 pp | -0.351 pp | +43.4% |
| Jun 2020 | 0.001% | -0.000 pp | +0.000 pp | -0.366 pp | -0.360 pp | +32.7% |
| May 2020 | 0.001% | -0.497 pp | +0.000 pp | -0.370 pp | -0.380 pp | +31.4% |
| Apr 2020 | 0.498% | +0.497 pp | +0.123 pp | +0.109 pp | +0.157 pp | +51.9% |
| Mar 2020 | 0.000% | +0.000 pp | -0.366 pp | -0.403 pp | -0.352 pp | +49.1% |
| Feb 2020 | 0.000% | -0.374 pp | -0.370 pp | -0.396 pp | -0.334 pp | +21.5% |
| Jan 2020 | 0.375% | +0.008 pp | -0.014 pp | +0.023 pp | +0.197 pp | +19.8% |
| Dec 2019 | 0.367% | -0.004 pp | -0.037 pp | +0.006 pp | +0.187 pp | +15.5% |
| Nov 2019 | 0.371% | -0.018 pp | -0.026 pp | -0.010 pp | +0.189 pp | +16.7% |
| Oct 2019 | 0.389% | -0.015 pp | +0.037 pp | +0.047 pp | +0.214 pp | +26.5% |
| Sep 2019 | 0.404% | +0.007 pp | +0.043 pp | +0.051 pp | +0.220 pp | +27.6% |
| Aug 2019 | 0.397% | +0.045 pp | +0.016 pp | +0.062 pp | +0.202 pp | +19.0% |
| Jul 2019 | 0.351% | -0.009 pp | +0.010 pp | +0.173 pp | +0.002 pp | +5.9% |
| Jun 2019 | 0.361% | -0.020 pp | +0.008 pp | +0.181 pp | +0.014 pp | +9.2% |
| May 2019 | 0.381% | +0.039 pp | +0.046 pp | +0.199 pp | +0.055 pp | +21.7% |
| Apr 2019 | 0.341% | -0.011 pp | +0.163 pp | +0.167 pp | +0.003 pp | +6.3% |
| Mar 2019 | 0.353% | +0.018 pp | +0.173 pp | +0.169 pp | +0.016 pp | +10.3% |
| Feb 2019 | 0.335% | +0.157 pp | +0.153 pp | +0.140 pp | +0.025 pp | +13.3% |
| Jan 2019 | 0.178% | -0.002 pp | +0.004 pp | -0.171 pp | -0.156 pp | +0.3% |
| Dec 2018 | 0.180% | -0.002 pp | -0.004 pp | -0.167 pp | -0.154 pp | +0.9% |
| Nov 2018 | 0.182% | +0.008 pp | -0.013 pp | -0.144 pp | -0.153 pp | +1.4% |
| Oct 2018 | 0.174% | -0.009 pp | -0.175 pp | -0.164 pp | -0.160 pp | -2.9% |
| Sep 2018 | 0.184% | -0.011 pp | -0.163 pp | -0.153 pp | -0.151 pp | +0.7% |
| Aug 2018 | 0.195% | -0.155 pp | -0.131 pp | -0.115 pp | -0.140 pp | +5.7% |
| Jul 2018 | 0.349% | +0.003 pp | +0.011 pp | +0.015 pp | +0.015 pp | +5.6% |
| Jun 2018 | 0.347% | +0.021 pp | +0.010 pp | +0.012 pp | +0.012 pp | +3.8% |
| May 2018 | 0.326% | -0.013 pp | +0.016 pp | -0.009 pp | -0.009 pp | -3.5% |
| Apr 2018 | 0.338% | +0.002 pp | +0.004 pp | +0.004 pp | +0.004 pp | -0.6% |
| Mar 2018 | 0.336% | +0.026 pp | +0.002 pp | +0.002 pp | +0.002 pp | -0.7% |
| Feb 2018 | 0.310% | -0.024 pp | -0.024 pp | -0.024 pp | -0.024 pp | -8.0% |
| Jan 2018 | 0.334% | +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.