Multi-Family Residential REITs
Multi-Family Residential REITs is losing market weight. Gained weight for 1 consecutive month.
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 – Apr 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 |
|---|---|---|---|---|---|---|
| Vivmark Residential → VMRK | Multi-Family Residential REITs | United States | 0.135% | -0.022 pp | -12.2% | 0.0 |
| Essex Property Trust → ESS | Multi-Family Residential REITs | United States | 0.090% | -0.013 pp | -11.1% | 0.0 |
| UDR, Inc. → UDR | Multi-Family Residential REITs | United States | 0.062% | -0.007 pp | -13.9% | 0.0 |
| Mid-America Apartment Communities → MAA | Multi-Family Residential REITs | United States | 0.072% | +0.002 pp | +5.6% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Apr 2020 | 0.359% | +0.359 pp | -0.040 pp | -0.084 pp | -0.040 pp | -3.7% |
| Mar 2020 | 0.000% | -0.000 pp | -0.386 pp | -0.436 pp | -0.412 pp | -4.6% |
| Feb 2020 | 0.000% | -0.399 pp | -0.412 pp | -0.439 pp | -0.404 pp | +4.1% |
| Jan 2020 | 0.400% | +0.014 pp | -0.044 pp | -0.003 pp | +0.176 pp | +4.3% |
| Dec 2019 | 0.386% | -0.026 pp | -0.050 pp | -0.010 pp | +0.164 pp | +1.2% |
| Nov 2019 | 0.412% | -0.031 pp | -0.027 pp | -0.014 pp | +0.190 pp | +9.1% |
| Oct 2019 | 0.444% | +0.007 pp | +0.041 pp | +0.044 pp | +0.233 pp | +22.9% |
| Sep 2019 | 0.436% | -0.003 pp | +0.041 pp | +0.023 pp | +0.236 pp | +30.8% |
| Aug 2019 | 0.439% | +0.036 pp | +0.013 pp | +0.035 pp | +0.233 pp | +29.2% |
| Jul 2019 | 0.403% | +0.007 pp | +0.003 pp | +0.179 pp | +0.043 pp | +21.4% |
| Jun 2019 | 0.396% | -0.031 pp | -0.017 pp | +0.174 pp | +0.027 pp | +16.5% |
| May 2019 | 0.426% | +0.027 pp | +0.022 pp | +0.204 pp | +0.064 pp | +26.6% |
| Apr 2019 | 0.399% | -0.013 pp | +0.175 pp | +0.189 pp | +0.039 pp | +18.7% |
| Mar 2019 | 0.413% | +0.009 pp | +0.191 pp | +0.212 pp | +0.054 pp | +22.9% |
| Feb 2019 | 0.404% | +0.180 pp | +0.182 pp | +0.198 pp | +0.079 pp | +32.6% |
| Jan 2019 | 0.224% | +0.002 pp | +0.013 pp | -0.136 pp | -0.110 pp | +28.8% |
| Dec 2018 | 0.222% | -0.000 pp | +0.021 pp | -0.147 pp | -0.113 pp | +26.7% |
| Nov 2018 | 0.222% | +0.011 pp | +0.016 pp | -0.141 pp | -0.112 pp | +26.0% |
| Oct 2018 | 0.211% | +0.010 pp | -0.150 pp | -0.150 pp | -0.124 pp | +19.0% |
| Sep 2018 | 0.200% | -0.005 pp | -0.168 pp | -0.159 pp | -0.134 pp | +11.3% |
| Aug 2018 | 0.206% | -0.155 pp | -0.157 pp | -0.120 pp | -0.129 pp | +12.8% |
| Jul 2018 | 0.360% | -0.008 pp | -0.000 pp | +0.026 pp | +0.026 pp | +10.1% |
| Jun 2018 | 0.369% | +0.006 pp | +0.010 pp | +0.034 pp | +0.034 pp | +11.2% |
| May 2018 | 0.363% | +0.002 pp | +0.037 pp | +0.028 pp | +0.028 pp | +8.2% |
| Apr 2018 | 0.360% | +0.001 pp | +0.026 pp | +0.026 pp | +0.026 pp | +6.7% |
| Mar 2018 | 0.359% | +0.034 pp | +0.024 pp | +0.024 pp | +0.024 pp | +6.5% |
| Feb 2018 | 0.325% | -0.009 pp | -0.009 pp | -0.009 pp | -0.009 pp | -3.3% |
| 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.