Universe›Information Technology›IT Consulting & Other Services
Observatory · observe first

IT Consulting & Other Services

IT Consulting & Other Services is losing market weight. Gained weight for 1 consecutive month.

Historical time machine
Historical observation
20182026
Reversing upwardConcentrated

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

Universe weight
1.28%
$0.36T
12-month change
-0.07 pp
6-month change
-0.08 pp
3-month change
+0.01 pp
Company participation
50%
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
Accenture →-0.122 pp
All other companies+0.055 pp
Industry total-0.067 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 2018 – Oct 2022 · market weight (%)

0.10.91.720182019202020212022

Relative performance

Industry return versus ACWI · no future data shown

9110411620182019202020212022

Is participation broad or concentrated?

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

Above their 3M universe-weight average50%
Above their 6M universe-weight average50%
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-0.07 pp
Relative strength · 12M+14.6%
Price index return · 12M-8.2%
Earnings revisions · unavailable0.0
Allocation lost 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
Accenture →
ACN
IT Consulting & Other ServicesUnited States0.642%-0.122 pp-19.8%0.0
IBM →
IBM
IT Consulting & Other ServicesUnited States0.444%+0.086 pp+21.5%0.0
Cognizant →
CTSH
IT Consulting & Other ServicesUnited States0.114%-0.023 pp-19.2%0.0
Gartner →
IT
IT Consulting & Other ServicesUnited States0.085%-0.008 pp-9.0%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Oct 20221.285%+0.016 pp+0.014 pp-0.077 pp-0.067 pp+14.6%
Sep 20221.269%-0.002 pp-0.126 pp-0.089 pp-0.091 pp+7.7%
Aug 20221.271%-0.000 pp-0.080 pp-0.047 pp-0.069 pp+8.3%
Jul 20221.271%-0.123 pp-0.091 pp-0.122 pp-0.048 pp+10.0%
Jun 20221.394%+0.043 pp+0.037 pp-0.073 pp+0.087 pp+17.4%
May 20221.351%-0.011 pp+0.033 pp+0.002 pp+0.060 pp+14.6%
Apr 20221.362%+0.004 pp-0.031 pp+0.010 pp+0.035 pp+12.2%
Mar 20221.357%+0.040 pp-0.110 pp-0.002 pp+0.678 pp+11.6%
Feb 20221.317%-0.075 pp-0.032 pp-0.022 pp+0.685 pp+14.4%
Jan 20221.393%-0.075 pp+0.041 pp+0.074 pp+0.648 pp+20.5%
Dec 20211.467%+0.118 pp+0.108 pp+0.160 pp+0.125 pp+19.6%
Nov 20211.349%-0.002 pp+0.010 pp+0.059 pp-0.007 pp+7.6%
Oct 20211.351%-0.008 pp+0.032 pp+0.025 pp+0.015 pp+7.8%
Sep 20211.360%+0.020 pp+0.052 pp+0.680 pp+1.358 pp+6.1%
Aug 20211.340%+0.021 pp+0.049 pp+0.707 pp+1.338 pp+5.0%
Jul 20211.319%+0.011 pp-0.008 pp+0.574 pp+1.317 pp+0.3%
Jun 20211.308%+0.017 pp+0.628 pp-0.035 pp+1.306 pp-2.6%
May 20211.290%-0.036 pp+0.658 pp-0.065 pp+1.289 pp-4.5%
Apr 20211.326%+0.647 pp+0.582 pp-0.010 pp-0.168 pp-3.8%
Mar 20210.679%+0.047 pp-0.663 pp+0.678 pp+0.678 pp-0.4%
Feb 20210.632%-0.112 pp-0.724 pp+0.631 pp+0.631 pp-7.4%
Jan 20210.744%-0.598 pp-0.592 pp+0.743 pp-0.738 pp-9.6%
Dec 20201.343%-0.013 pp+1.341 pp+1.341 pp-0.106 pp-0.7%
Nov 20201.356%+0.020 pp+1.354 pp+1.354 pp-0.112 pp-2.0%
Oct 20201.336%+1.335 pp+1.335 pp-0.158 pp-0.116 pp-1.0%
Sep 20200.001%-0.000 pp-0.000 pp+0.000 pp-1.549 pp-5.6%
Aug 20200.002%+0.000 pp-0.000 pp+0.000 pp-1.559 pp-6.0%
Jul 20200.001%-0.000 pp-1.493 pp-1.481 pp-1.584 pp-4.6%
Jun 20200.002%-0.000 pp+0.000 pp-1.448 pp-1.536 pp-0.4%
May 20200.002%-1.493 pp+0.000 pp-1.467 pp-1.571 pp-0.8%
Apr 20201.494%+1.493 pp+0.012 pp+0.043 pp-0.130 pp+0.1%
Mar 20200.001%+0.000 pp-1.448 pp-1.549 pp-1.650 pp-5.9%
Feb 20200.001%-1.481 pp-1.467 pp-1.560 pp-1.586 pp-2.0%
Jan 20201.482%+0.033 pp+0.030 pp-0.103 pp+0.600 pp+1.9%
Dec 20191.449%-0.019 pp-0.101 pp-0.088 pp+0.602 pp+3.0%
Nov 20191.468%+0.017 pp-0.092 pp-0.104 pp+0.578 pp+0.2%
Oct 20191.452%-0.099 pp-0.134 pp-0.172 pp+0.590 pp+1.7%
Sep 20191.550%-0.010 pp+0.013 pp-0.101 pp+0.596 pp+0.6%
Aug 20191.561%-0.024 pp-0.011 pp-0.027 pp+0.610 pp+2.2%
Jul 20191.585%+0.048 pp-0.039 pp+0.704 pp-0.095 pp+5.2%
Jun 20191.537%-0.035 pp-0.114 pp+0.690 pp-0.193 pp-1.1%
May 20191.572%-0.052 pp-0.015 pp+0.682 pp-0.124 pp+2.4%
Apr 20191.624%-0.027 pp+0.742 pp+0.763 pp-0.113 pp+2.1%
Mar 20191.651%+0.064 pp+0.804 pp+0.697 pp-0.134 pp+0.8%
Feb 20191.588%+0.706 pp+0.697 pp+0.637 pp-0.200 pp-3.4%
Jan 20190.882%+0.034 pp+0.020 pp-0.799 pp-0.863 pp-2.2%
Dec 20180.847%-0.043 pp-0.107 pp-0.883 pp-0.897 pp-6.3%
Nov 20180.890%+0.029 pp-0.061 pp-0.806 pp-0.854 pp-1.7%
Oct 20180.861%-0.093 pp-0.819 pp-0.876 pp-0.883 pp-5.9%
Sep 20180.954%+0.003 pp-0.776 pp-0.831 pp-0.790 pp+2.1%
Aug 20180.951%-0.729 pp-0.745 pp-0.837 pp-0.793 pp+1.1%
Jul 20181.680%-0.050 pp-0.057 pp-0.064 pp-0.064 pp-1.2%
Jun 20181.730%+0.035 pp-0.054 pp-0.014 pp-0.014 pp+0.6%
May 20181.696%-0.041 pp-0.092 pp-0.049 pp-0.049 pp-2.0%
Apr 20181.737%-0.048 pp-0.007 pp-0.007 pp-0.007 pp-1.0%
Mar 20181.785%-0.003 pp+0.041 pp+0.041 pp+0.041 pp+1.9%
Feb 20181.788%+0.044 pp+0.044 pp+0.044 pp+0.044 pp+2.9%
Jan 20181.744%+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.