Internet Services & Infrastructure
Internet Services & Infrastructure is losing market weight. Lost weight for 8 consecutive months.
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
Jun 2019 – May 2024 · 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 |
|---|---|---|---|---|---|---|
| Verisign → VRSN | Internet Services & Infrastructure | United States | 0.033% | -0.024 pp | -21.9% | 0.0 |
| Akamai Technologies → AKAM | Internet Services & Infrastructure | United States | 0.027% | -0.008 pp | +0.1% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| May 2024 | 0.060% | -0.033 pp | -0.045 pp | -0.062 pp | -0.032 pp | -30.2% |
| Apr 2024 | 0.093% | -0.006 pp | -0.022 pp | -0.029 pp | -0.028 pp | -20.6% |
| Mar 2024 | 0.099% | -0.006 pp | -0.017 pp | -0.025 pp | -0.019 pp | -13.1% |
| Feb 2024 | 0.105% | -0.011 pp | -0.017 pp | -0.014 pp | -0.008 pp | -4.2% |
| Jan 2024 | 0.116% | -0.000 pp | -0.007 pp | +0.037 pp | -0.011 pp | -4.4% |
| Dec 2023 | 0.116% | -0.006 pp | -0.008 pp | +0.030 pp | -0.010 pp | -5.6% |
| Nov 2023 | 0.122% | -0.001 pp | +0.003 pp | +0.030 pp | -0.001 pp | +1.2% |
| Oct 2023 | 0.123% | -0.001 pp | +0.044 pp | +0.001 pp | -0.003 pp | -3.8% |
| Sep 2023 | 0.124% | +0.005 pp | +0.038 pp | +0.006 pp | +0.000 pp | +1.9% |
| Aug 2023 | 0.119% | +0.040 pp | +0.027 pp | +0.007 pp | -0.002 pp | +0.6% |
| Jul 2023 | 0.079% | -0.007 pp | -0.042 pp | -0.048 pp | -0.044 pp | -6.1% |
| Jun 2023 | 0.086% | -0.006 pp | -0.031 pp | -0.040 pp | -0.042 pp | +2.0% |
| May 2023 | 0.092% | -0.029 pp | -0.020 pp | -0.030 pp | -0.035 pp | +9.8% |
| Apr 2023 | 0.121% | +0.004 pp | -0.006 pp | -0.004 pp | -0.015 pp | -3.0% |
| Mar 2023 | 0.117% | +0.005 pp | -0.009 pp | -0.006 pp | -0.030 pp | -11.8% |
| Feb 2023 | 0.112% | -0.015 pp | -0.010 pp | -0.009 pp | -0.029 pp | -11.3% |
| Jan 2023 | 0.127% | +0.001 pp | +0.002 pp | +0.004 pp | -0.017 pp | -1.6% |
| Dec 2022 | 0.126% | +0.004 pp | +0.003 pp | -0.002 pp | -0.025 pp | -5.3% |
| Nov 2022 | 0.123% | -0.003 pp | +0.001 pp | -0.005 pp | -0.029 pp | -5.9% |
| Oct 2022 | 0.125% | +0.002 pp | +0.002 pp | -0.011 pp | -0.015 pp | +9.0% |
| Sep 2022 | 0.123% | +0.002 pp | -0.005 pp | -0.024 pp | -0.017 pp | +2.3% |
| Aug 2022 | 0.121% | -0.001 pp | -0.006 pp | -0.021 pp | -0.021 pp | -2.0% |
| Jul 2022 | 0.123% | -0.005 pp | -0.013 pp | -0.021 pp | -0.027 pp | -6.1% |
| Jun 2022 | 0.128% | +0.001 pp | -0.019 pp | -0.023 pp | -0.029 pp | -10.7% |
| May 2022 | 0.127% | -0.009 pp | -0.015 pp | -0.025 pp | -0.028 pp | -10.6% |
| Apr 2022 | 0.136% | -0.011 pp | -0.008 pp | -0.004 pp | -0.018 pp | -3.6% |
| Mar 2022 | 0.147% | +0.005 pp | -0.004 pp | +0.007 pp | +0.070 pp | +7.0% |
| Feb 2022 | 0.142% | -0.002 pp | -0.010 pp | -0.001 pp | +0.067 pp | +4.0% |
| Jan 2022 | 0.144% | -0.008 pp | +0.004 pp | -0.006 pp | +0.047 pp | -4.9% |
| Dec 2021 | 0.151% | -0.001 pp | +0.011 pp | -0.006 pp | -0.018 pp | -3.2% |
| Nov 2021 | 0.152% | +0.012 pp | +0.009 pp | -0.004 pp | -0.017 pp | -3.9% |
| Oct 2021 | 0.140% | -0.000 pp | -0.010 pp | -0.014 pp | -0.036 pp | -16.5% |
| Sep 2021 | 0.140% | -0.002 pp | -0.017 pp | +0.064 pp | +0.140 pp | -23.0% |
| Aug 2021 | 0.143% | -0.007 pp | -0.013 pp | +0.068 pp | +0.142 pp | -22.8% |
| Jul 2021 | 0.150% | -0.008 pp | -0.004 pp | +0.054 pp | +0.150 pp | -21.9% |
| Jun 2021 | 0.158% | +0.002 pp | +0.081 pp | -0.012 pp | +0.157 pp | -21.3% |
| May 2021 | 0.155% | +0.002 pp | +0.081 pp | -0.013 pp | +0.155 pp | -26.9% |
| Apr 2021 | 0.154% | +0.077 pp | +0.057 pp | -0.023 pp | -0.070 pp | -27.0% |
| Mar 2021 | 0.076% | +0.002 pp | -0.093 pp | +0.076 pp | +0.076 pp | -28.3% |
| Feb 2021 | 0.075% | -0.022 pp | -0.094 pp | +0.074 pp | +0.075 pp | -19.3% |
| Jan 2021 | 0.096% | -0.073 pp | -0.080 pp | +0.096 pp | -0.099 pp | -12.3% |
| Dec 2020 | 0.169% | +0.000 pp | +0.169 pp | +0.169 pp | -0.010 pp | -0.4% |
| Nov 2020 | 0.169% | -0.007 pp | +0.169 pp | +0.169 pp | -0.015 pp | -3.8% |
| Oct 2020 | 0.176% | +0.176 pp | +0.176 pp | -0.048 pp | -0.014 pp | -1.1% |
| Sep 2020 | 0.000% | -0.000 pp | -0.000 pp | +0.000 pp | -0.198 pp | +2.7% |
| Aug 2020 | 0.000% | +0.000 pp | -0.000 pp | +0.000 pp | -0.211 pp | -1.3% |
| Jul 2020 | 0.000% | -0.000 pp | -0.224 pp | -0.195 pp | -0.210 pp | +2.7% |
| Jun 2020 | 0.000% | -0.000 pp | +0.000 pp | -0.179 pp | -0.205 pp | +8.7% |
| May 2020 | 0.000% | -0.224 pp | +0.000 pp | -0.184 pp | -0.207 pp | +15.6% |
| Apr 2020 | 0.224% | +0.224 pp | +0.029 pp | +0.033 pp | +0.020 pp | +18.5% |
| Mar 2020 | 0.000% | +0.000 pp | -0.179 pp | -0.198 pp | -0.192 pp | +22.9% |
| Feb 2020 | 0.000% | -0.195 pp | -0.184 pp | -0.211 pp | -0.189 pp | +8.2% |
| Jan 2020 | 0.195% | +0.016 pp | +0.004 pp | -0.015 pp | +0.093 pp | +12.6% |
| Dec 2019 | 0.179% | -0.004 pp | -0.019 pp | -0.026 pp | +0.080 pp | +6.0% |
| Nov 2019 | 0.184% | -0.007 pp | -0.027 pp | -0.024 pp | +0.084 pp | +9.2% |
| Oct 2019 | 0.191% | -0.008 pp | -0.019 pp | -0.013 pp | +0.091 pp | +13.3% |
| Sep 2019 | 0.199% | -0.013 pp | -0.007 pp | +0.007 pp | +0.097 pp | +18.8% |
| Aug 2019 | 0.211% | +0.001 pp | +0.004 pp | +0.022 pp | +0.108 pp | +24.7% |
| Jul 2019 | 0.210% | +0.005 pp | +0.006 pp | +0.107 pp | +0.032 pp | +29.8% |
| Jun 2019 | 0.205% | -0.002 pp | +0.013 pp | +0.106 pp | +0.049 pp | +26.3% |
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.