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Observatory · observe first

Electronic Equipment & Instruments

Electronic Equipment & Instruments is losing market weight. Lost weight for 1 consecutive month.

Historical time machine
Historical observation
20182026
Reversing downwardConcentrated

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

Universe weight
0.28%
$0.13T
12-month change
-0.08 pp
6-month change
+0.06 pp
3-month change
-0.01 pp
Company participation
75%
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
All other companies-0.030 pp
Industry total-0.078 pp

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 2020 – Dec 2024 · market weight (%)

0.00.20.420202021202220232024

Relative performance

Industry return versus ACWI · no future data shown

12314115920202021202220232024

Is participation broad or concentrated?

Actual constituent counts at this date, not the legacy synthetic breadth proxy

Above their 3M universe-weight average0%
Above their 6M universe-weight average75%
Above their 12M universe-weight average50%
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-0.08 pp
Relative strength · 12M-11.7%
Price index return · 12M+3.7%
Earnings revisions · unavailable0.0
Allocation lost weight while relative performance fell. 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
Roper Technologies →
ROP
Electronic Equipment & InstrumentsUnited States0.126%-0.047 pp-4.1%0.0
Keysight Technologies →
KEYS
Electronic Equipment & InstrumentsUnited States0.063%-0.020 pp+1.0%0.0
Teledyne Technologies →
TDY
Electronic Equipment & InstrumentsUnited States0.049%-0.014 pp+4.0%0.0
Zebra Technologies →
ZBRA
Electronic Equipment & InstrumentsUnited States0.045%+0.003 pp+41.3%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Dec 20240.284%-0.012 pp-0.011 pp+0.062 pp-0.078 pp-11.7%
Nov 20240.296%+0.003 pp-0.005 pp+0.074 pp-0.056 pp-5.4%
Oct 20240.292%-0.003 pp+0.076 pp-0.040 pp-0.055 pp-7.4%
Sep 20240.295%-0.005 pp+0.073 pp-0.046 pp-0.061 pp-9.1%
Aug 20240.300%+0.084 pp+0.078 pp-0.043 pp-0.053 pp-8.5%
Jul 20240.216%-0.006 pp-0.117 pp-0.130 pp-0.035 pp-10.0%
Jun 20240.222%+0.000 pp-0.119 pp-0.139 pp-0.045 pp-13.7%
May 20240.222%-0.111 pp-0.122 pp-0.130 pp-0.048 pp-13.5%
Apr 20240.333%-0.009 pp-0.013 pp-0.015 pp-0.033 pp-9.2%
Mar 20240.342%-0.002 pp-0.020 pp-0.014 pp-0.044 pp-11.3%
Feb 20240.344%-0.002 pp-0.008 pp-0.009 pp-0.043 pp-11.3%
Jan 20240.346%-0.016 pp-0.002 pp+0.094 pp-0.043 pp-9.9%
Dec 20230.361%+0.010 pp+0.006 pp+0.094 pp-0.030 pp-8.2%
Nov 20230.352%+0.004 pp-0.001 pp+0.082 pp-0.030 pp-9.9%
Oct 20230.348%-0.008 pp+0.096 pp-0.018 pp-0.037 pp-14.7%
Sep 20230.356%+0.003 pp+0.088 pp-0.030 pp-0.020 pp-7.6%
Aug 20230.353%+0.102 pp+0.083 pp-0.034 pp-0.022 pp-7.5%
Jul 20230.251%-0.016 pp-0.115 pp-0.137 pp-0.136 pp-8.8%
Jun 20230.268%-0.002 pp-0.118 pp-0.124 pp-0.120 pp+0.2%
May 20230.269%-0.097 pp-0.117 pp-0.112 pp-0.127 pp-1.3%
Apr 20230.366%-0.019 pp-0.022 pp-0.019 pp-0.050 pp-7.3%
Mar 20230.385%-0.001 pp-0.006 pp+0.010 pp-0.028 pp+0.0%
Feb 20230.387%-0.002 pp+0.005 pp+0.011 pp-0.024 pp+2.5%
Jan 20230.389%-0.003 pp+0.004 pp+0.001 pp-0.028 pp+0.8%
Dec 20220.391%+0.009 pp+0.015 pp+0.004 pp-0.063 pp-5.4%
Nov 20220.382%-0.003 pp+0.007 pp-0.015 pp-0.076 pp-5.5%
Oct 20220.385%+0.009 pp-0.002 pp-0.032 pp-0.063 pp+2.1%
Sep 20220.376%+0.001 pp-0.012 pp-0.038 pp-0.062 pp-2.4%
Aug 20220.375%-0.012 pp-0.021 pp-0.035 pp-0.083 pp-7.7%
Jul 20220.387%-0.000 pp-0.029 pp-0.030 pp-0.053 pp-4.6%
Jun 20220.387%-0.009 pp-0.026 pp-0.067 pp-0.043 pp-5.6%
May 20220.396%-0.020 pp-0.014 pp-0.062 pp-0.018 pp-0.7%
Apr 20220.416%+0.003 pp-0.000 pp-0.031 pp-0.005 pp+2.1%
Mar 20220.414%+0.003 pp-0.041 pp-0.025 pp+0.198 pp+1.5%
Feb 20220.411%-0.006 pp-0.048 pp-0.047 pp+0.198 pp+0.2%
Jan 20220.417%-0.038 pp-0.031 pp-0.024 pp+0.174 pp+4.3%
Dec 20210.454%-0.004 pp+0.016 pp+0.025 pp+0.031 pp+10.7%
Nov 20210.458%+0.010 pp+0.000 pp+0.044 pp+0.028 pp+8.5%
Oct 20210.448%+0.009 pp+0.008 pp+0.026 pp+0.045 pp+11.7%
Sep 20210.438%-0.020 pp+0.008 pp+0.223 pp+0.438 pp+12.5%
Aug 20210.458%+0.018 pp+0.043 pp+0.245 pp+0.457 pp+14.7%
Jul 20210.440%+0.010 pp+0.018 pp+0.197 pp+0.440 pp+6.8%
Jun 20210.430%+0.015 pp+0.214 pp+0.006 pp+0.429 pp+3.5%
May 20210.415%-0.007 pp+0.202 pp-0.016 pp+0.414 pp-6.1%
Apr 20210.422%+0.206 pp+0.179 pp+0.019 pp+0.050 pp+4.0%
Mar 20210.216%+0.003 pp-0.208 pp+0.215 pp+0.215 pp+6.4%
Feb 20210.213%-0.030 pp-0.218 pp+0.212 pp+0.212 pp+7.6%
Jan 20210.243%-0.181 pp-0.160 pp+0.242 pp-0.103 pp+6.6%
Dec 20200.424%-0.007 pp+0.423 pp+0.423 pp+0.081 pp+11.7%
Nov 20200.430%+0.028 pp+0.430 pp+0.430 pp+0.140 pp+6.4%
Oct 20200.403%+0.402 pp+0.402 pp+0.030 pp+0.121 pp+4.1%
Sep 20200.000%-0.000 pp-0.000 pp+0.000 pp-0.293 pp-3.7%
Aug 20200.000%+0.000 pp+0.000 pp+0.000 pp-0.306 pp-4.6%
Jul 20200.000%-0.000 pp-0.372 pp-0.346 pp-0.290 pp+6.9%
Jun 20200.000%+0.000 pp+0.000 pp-0.343 pp-0.296 pp+5.0%
May 20200.000%-0.372 pp+0.000 pp-0.290 pp-0.290 pp+15.3%
Apr 20200.372%+0.372 pp+0.026 pp+0.091 pp+0.073 pp+4.8%
Mar 20200.000%+0.000 pp-0.343 pp-0.294 pp-0.297 pp+1.3%
Feb 20200.000%-0.346 pp-0.290 pp-0.306 pp-0.286 pp+2.6%
Jan 20200.346%+0.003 pp+0.065 pp+0.055 pp+0.204 pp+12.7%
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.