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

IT Consulting & Other Services

IT Consulting & Other Services is losing market weight. Lost weight for 2 consecutive months.

Historical time machine
Historical observation
20182026
Reversing downwardConcentrated

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

Universe weight
0.55%
$0.40T
12-month change
-0.65 pp
6-month change
-0.38 pp
3-month change
-0.44 pp
Company participation
0%
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 →-0.314 pp
All other companies-0.334 pp
Industry total-0.648 pp

The three largest same-direction contributors explain 92% 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

Mar 2021 – Feb 2026 · market weight (%)

0.61.01.420222023202420252026

Relative performance

Industry return versus ACWI · no future data shown

7510012420222023202420252026

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 average0%
Above their 12M universe-weight average0%
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-0.65 pp
Relative strength · 12M-38.7%
Price index return · 12M-24.0%
Earnings revisions · unavailable0.0
Allocation lost weight while relative performance fell. Fewer than 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 States0.182%-0.314 pp-39.5%0.0
IBM →
IBM
IT Consulting & Other ServicesUnited States0.309%-0.214 pp-2.5%0.0
Gartner →
IT
IT Consulting & Other ServicesUnited States0.015%-0.070 pp-68.5%0.0
Cognizant →
CTSH
IT Consulting & Other ServicesUnited States0.042%-0.050 pp-21.3%0.0
Underlying monthly industry observations
MonthWeight1M change3M change6M change12M changeRelative return · 12M
Feb 20260.549%-0.425 pp-0.437 pp-0.377 pp-0.648 pp-38.7%
Jan 20260.974%-0.017 pp-0.006 pp-0.010 pp-0.281 pp-24.8%
Dec 20250.991%+0.005 pp+0.045 pp-0.160 pp-0.149 pp-16.3%
Nov 20250.986%+0.005 pp+0.060 pp-0.183 pp-0.164 pp-16.9%
Oct 20250.981%+0.035 pp-0.004 pp-0.182 pp-0.163 pp-14.8%
Sep 20250.946%+0.020 pp-0.205 pp-0.240 pp-0.232 pp-19.1%
Aug 20250.926%-0.059 pp-0.243 pp-0.272 pp-0.235 pp-18.3%
Jul 20250.985%-0.166 pp-0.177 pp-0.270 pp+0.154 pp-11.5%
Jun 20251.151%-0.018 pp-0.034 pp+0.011 pp+0.362 pp+11.1%
May 20251.169%+0.007 pp-0.028 pp+0.020 pp+0.408 pp+16.4%
Apr 20251.162%-0.023 pp-0.093 pp+0.019 pp-0.022 pp+7.6%
Mar 20251.186%-0.012 pp+0.045 pp+0.008 pp-0.116 pp+0.9%
Feb 20251.198%-0.057 pp+0.048 pp+0.037 pp-0.189 pp-2.1%
Jan 20251.255%+0.115 pp+0.112 pp+0.424 pp-0.154 pp+0.5%
Dec 20241.140%-0.009 pp-0.038 pp+0.351 pp-0.189 pp-2.1%
Nov 20241.150%+0.006 pp-0.011 pp+0.388 pp-0.179 pp-1.5%
Oct 20241.143%-0.035 pp+0.312 pp-0.041 pp-0.149 pp-1.2%
Sep 20241.178%+0.017 pp+0.389 pp-0.124 pp-0.107 pp+2.1%
Aug 20241.161%+0.330 pp+0.399 pp-0.226 pp-0.126 pp-1.4%
Jul 20240.831%+0.043 pp-0.353 pp-0.577 pp-0.028 pp+3.0%
Jun 20240.789%+0.027 pp-0.513 pp-0.541 pp-0.087 pp-4.7%
May 20240.762%-0.423 pp-0.625 pp-0.567 pp-0.153 pp-11.0%
Apr 20241.185%-0.117 pp-0.224 pp-0.107 pp+0.011 pp+3.0%
Mar 20241.302%-0.085 pp-0.028 pp+0.017 pp+0.081 pp+9.1%
Feb 20241.387%-0.022 pp+0.058 pp+0.100 pp+0.177 pp+16.8%
Jan 20241.409%+0.079 pp+0.117 pp+0.549 pp+0.175 pp+18.2%
Dec 20231.330%+0.001 pp+0.045 pp+0.454 pp+0.055 pp+5.9%
Nov 20231.329%+0.037 pp+0.042 pp+0.414 pp+0.019 pp+1.8%
Oct 20231.292%+0.007 pp+0.433 pp+0.118 pp+0.007 pp-2.8%
Sep 20231.285%-0.002 pp+0.409 pp+0.064 pp+0.016 pp+1.2%
Aug 20231.287%+0.427 pp+0.371 pp+0.076 pp+0.016 pp+2.0%
Jul 20230.859%-0.017 pp-0.315 pp-0.375 pp-0.411 pp-2.8%
Jun 20230.876%-0.039 pp-0.344 pp-0.399 pp-0.518 pp-6.8%
May 20230.915%-0.259 pp-0.295 pp-0.395 pp-0.436 pp+0.3%
Apr 20231.174%-0.046 pp-0.060 pp-0.110 pp-0.187 pp-7.5%
Mar 20231.221%+0.010 pp-0.054 pp-0.048 pp-0.137 pp-1.8%
Feb 20231.210%-0.024 pp-0.100 pp-0.060 pp-0.107 pp+1.7%
Jan 20231.234%-0.041 pp-0.051 pp-0.037 pp-0.159 pp-2.7%
Dec 20221.275%-0.035 pp+0.006 pp-0.119 pp-0.192 pp-3.0%
Nov 20221.310%+0.025 pp+0.039 pp-0.041 pp-0.039 pp+11.6%
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%
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.