Universe›Real Estate›Health Care REITs
Observatory · observe first

Health Care REITs

Health Care REITs is gaining market weight. Gained weight for 5 consecutive months.

Historical time machine
Historical observation
20182026
Gaining steadilyConcentrated

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

Universe weight
0.29%
$0.08T
12-month change
+0.04 pp
6-month change
+0.05 pp
3-month change
+0.03 pp
Company participation
100%
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
Welltower →+0.033 pp
All other companies+0.002 pp
Industry total+0.035 pp

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 – Apr 2022 · market weight (%)

0.00.20.420182019202020212022

Relative performance

Industry return versus ACWI · no future data shown

9412515620182019202020212022

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 average100%
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+0.04 pp
Relative strength · 12M+18.9%
Price index return · 12M+11.9%
Earnings revisions · unavailable0.0
Allocation gained weight while relative performance rose. 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
Welltower →
WELL
Health Care REITsUnited States0.147%+0.033 pp+24.7%0.0
Ventas →
VTR
Health Care REITsUnited States0.080%+0.005 pp+3.4%0.0
Healthpeak Properties →
DOC
Health Care REITsUnited States0.064%-0.003 pp-1.1%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Apr 20220.291%+0.001 pp+0.029 pp+0.046 pp+0.035 pp+18.9%
Mar 20220.290%+0.028 pp+0.043 pp+0.031 pp+0.159 pp+18.3%
Feb 20220.262%+0.000 pp+0.022 pp+0.002 pp+0.135 pp+7.9%
Jan 20220.262%+0.015 pp+0.017 pp-0.009 pp+0.122 pp+16.7%
Dec 20210.247%+0.007 pp-0.012 pp-0.014 pp-0.002 pp+5.1%
Nov 20210.240%-0.005 pp-0.019 pp-0.011 pp-0.014 pp-0.9%
Oct 20210.245%-0.014 pp-0.026 pp-0.011 pp+0.001 pp+6.4%
Sep 20210.259%-0.000 pp-0.002 pp+0.128 pp+0.259 pp+12.0%
Aug 20210.260%-0.011 pp+0.009 pp+0.132 pp+0.259 pp+14.2%
Jul 20210.271%+0.010 pp+0.015 pp+0.131 pp+0.271 pp+19.1%
Jun 20210.261%+0.011 pp+0.130 pp+0.012 pp+0.261 pp+10.2%
May 20210.251%-0.005 pp+0.123 pp-0.003 pp+0.251 pp+8.3%
Apr 20210.256%+0.125 pp+0.116 pp+0.011 pp-0.003 pp+6.0%
Mar 20210.131%+0.003 pp-0.118 pp+0.131 pp+0.131 pp+8.2%
Feb 20210.128%-0.013 pp-0.126 pp+0.127 pp+0.127 pp-24.7%
Jan 20210.140%-0.109 pp-0.105 pp+0.140 pp-0.224 pp-31.7%
Dec 20200.249%-0.004 pp+0.249 pp+0.249 pp-0.103 pp-25.1%
Nov 20200.254%+0.009 pp+0.254 pp+0.254 pp-0.116 pp-28.0%
Oct 20200.245%+0.244 pp+0.244 pp-0.014 pp-0.171 pp-37.4%
Sep 20200.000%-0.000 pp-0.000 pp+0.000 pp-0.432 pp-40.1%
Aug 20200.000%+0.000 pp+0.000 pp-0.000 pp-0.439 pp-41.5%
Jul 20200.000%-0.000 pp-0.259 pp-0.364 pp-0.394 pp-35.0%
Jun 20200.000%+0.000 pp+0.000 pp-0.352 pp-0.392 pp-33.0%
May 20200.000%-0.259 pp-0.000 pp-0.369 pp-0.414 pp-37.2%
Apr 20200.259%+0.259 pp-0.105 pp-0.156 pp-0.110 pp-24.9%
Mar 20200.000%-0.000 pp-0.352 pp-0.432 pp-0.389 pp-32.6%
Feb 20200.000%-0.364 pp-0.369 pp-0.439 pp-0.381 pp-3.7%
Jan 20200.364%+0.012 pp-0.051 pp-0.030 pp+0.144 pp-5.9%
Dec 20190.352%-0.017 pp-0.080 pp-0.040 pp+0.137 pp-7.1%
Nov 20190.369%-0.046 pp-0.069 pp-0.045 pp+0.158 pp+0.1%
Oct 20190.415%-0.017 pp+0.022 pp+0.046 pp+0.217 pp+19.3%
Sep 20190.433%-0.006 pp+0.040 pp+0.044 pp+0.255 pp+41.9%
Aug 20190.439%+0.045 pp+0.025 pp+0.057 pp+0.249 pp+35.3%
Jul 20190.394%+0.001 pp+0.024 pp+0.173 pp+0.070 pp+28.7%
Jun 20190.392%-0.022 pp+0.004 pp+0.178 pp+0.054 pp+24.1%
May 20190.414%+0.045 pp+0.033 pp+0.203 pp+0.097 pp+38.9%
Apr 20190.369%-0.019 pp+0.149 pp+0.171 pp+0.067 pp+28.8%
Mar 20190.389%+0.008 pp+0.174 pp+0.211 pp+0.090 pp+39.6%
Feb 20190.381%+0.161 pp+0.170 pp+0.191 pp+0.100 pp+45.8%
Jan 20190.221%+0.006 pp+0.023 pp-0.103 pp-0.084 pp+41.9%
Dec 20180.215%+0.004 pp+0.037 pp-0.123 pp-0.090 pp+37.6%
Nov 20180.211%+0.013 pp+0.021 pp-0.105 pp-0.094 pp+34.5%
Oct 20180.198%+0.021 pp-0.126 pp-0.104 pp-0.107 pp+24.6%
Sep 20180.177%-0.013 pp-0.161 pp-0.122 pp-0.127 pp+10.3%
Aug 20180.190%-0.134 pp-0.127 pp-0.091 pp-0.115 pp+16.7%
Jul 20180.324%-0.014 pp+0.022 pp+0.019 pp+0.019 pp+10.0%
Jun 20180.338%+0.022 pp+0.039 pp+0.033 pp+0.033 pp+13.7%
May 20180.317%+0.015 pp+0.036 pp+0.012 pp+0.012 pp+5.3%
Apr 20180.302%+0.003 pp-0.003 pp-0.003 pp-0.003 pp-1.3%
Mar 20180.299%+0.018 pp-0.006 pp-0.006 pp-0.006 pp-1.6%
Feb 20180.281%-0.024 pp-0.024 pp-0.024 pp-0.024 pp-7.4%
Jan 20180.305%+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.