Health Care REITs
Health Care REITs is losing market weight. No persistent monthly direction.
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
Jan 2018 – Sep 2020 · 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 |
|---|---|---|---|---|---|---|
| Welltower → WELL | Health Care REITs | United States | 0.000% | -0.195 pp | -36.3% | 0.0 |
| Ventas → VTR | Health Care REITs | United States | 0.000% | -0.144 pp | -38.7% | 0.0 |
| Healthpeak Properties → DOC | Health Care REITs | United States | 0.000% | -0.093 pp | -20.0% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Sep 2020 | 0.000% | -0.000 pp | -0.000 pp | +0.000 pp | -0.432 pp | -40.1% |
| Aug 2020 | 0.000% | +0.000 pp | +0.000 pp | -0.000 pp | -0.439 pp | -41.5% |
| Jul 2020 | 0.000% | -0.000 pp | -0.259 pp | -0.364 pp | -0.394 pp | -35.0% |
| Jun 2020 | 0.000% | +0.000 pp | +0.000 pp | -0.352 pp | -0.392 pp | -33.0% |
| May 2020 | 0.000% | -0.259 pp | -0.000 pp | -0.369 pp | -0.414 pp | -37.2% |
| Apr 2020 | 0.259% | +0.259 pp | -0.105 pp | -0.156 pp | -0.110 pp | -24.9% |
| Mar 2020 | 0.000% | -0.000 pp | -0.352 pp | -0.432 pp | -0.389 pp | -32.6% |
| Feb 2020 | 0.000% | -0.364 pp | -0.369 pp | -0.439 pp | -0.381 pp | -3.7% |
| Jan 2020 | 0.364% | +0.012 pp | -0.051 pp | -0.030 pp | +0.144 pp | -5.9% |
| Dec 2019 | 0.352% | -0.017 pp | -0.080 pp | -0.040 pp | +0.137 pp | -7.1% |
| Nov 2019 | 0.369% | -0.046 pp | -0.069 pp | -0.045 pp | +0.158 pp | +0.1% |
| Oct 2019 | 0.415% | -0.017 pp | +0.022 pp | +0.046 pp | +0.217 pp | +19.3% |
| Sep 2019 | 0.433% | -0.006 pp | +0.040 pp | +0.044 pp | +0.255 pp | +41.9% |
| Aug 2019 | 0.439% | +0.045 pp | +0.025 pp | +0.057 pp | +0.249 pp | +35.3% |
| Jul 2019 | 0.394% | +0.001 pp | +0.024 pp | +0.173 pp | +0.070 pp | +28.7% |
| Jun 2019 | 0.392% | -0.022 pp | +0.004 pp | +0.178 pp | +0.054 pp | +24.1% |
| May 2019 | 0.414% | +0.045 pp | +0.033 pp | +0.203 pp | +0.097 pp | +38.9% |
| Apr 2019 | 0.369% | -0.019 pp | +0.149 pp | +0.171 pp | +0.067 pp | +28.8% |
| Mar 2019 | 0.389% | +0.008 pp | +0.174 pp | +0.211 pp | +0.090 pp | +39.6% |
| Feb 2019 | 0.381% | +0.161 pp | +0.170 pp | +0.191 pp | +0.100 pp | +45.8% |
| Jan 2019 | 0.221% | +0.006 pp | +0.023 pp | -0.103 pp | -0.084 pp | +41.9% |
| Dec 2018 | 0.215% | +0.004 pp | +0.037 pp | -0.123 pp | -0.090 pp | +37.6% |
| Nov 2018 | 0.211% | +0.013 pp | +0.021 pp | -0.105 pp | -0.094 pp | +34.5% |
| Oct 2018 | 0.198% | +0.021 pp | -0.126 pp | -0.104 pp | -0.107 pp | +24.6% |
| Sep 2018 | 0.177% | -0.013 pp | -0.161 pp | -0.122 pp | -0.127 pp | +10.3% |
| Aug 2018 | 0.190% | -0.134 pp | -0.127 pp | -0.091 pp | -0.115 pp | +16.7% |
| Jul 2018 | 0.324% | -0.014 pp | +0.022 pp | +0.019 pp | +0.019 pp | +10.0% |
| Jun 2018 | 0.338% | +0.022 pp | +0.039 pp | +0.033 pp | +0.033 pp | +13.7% |
| May 2018 | 0.317% | +0.015 pp | +0.036 pp | +0.012 pp | +0.012 pp | +5.3% |
| Apr 2018 | 0.302% | +0.003 pp | -0.003 pp | -0.003 pp | -0.003 pp | -1.3% |
| Mar 2018 | 0.299% | +0.018 pp | -0.006 pp | -0.006 pp | -0.006 pp | -1.6% |
| Feb 2018 | 0.281% | -0.024 pp | -0.024 pp | -0.024 pp | -0.024 pp | -7.4% |
| Jan 2018 | 0.305% | +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.