Technology Hardware, Storage & Peripherals
Technology Hardware, Storage & Peripherals 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 99% 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 (%)
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 |
|---|---|---|---|---|---|---|
| Apple Inc. → AAPL | Technology Hardware, Storage & Peripherals | United States | 8.584% | -0.346 pp | +30.7% | 0.0 |
| HP Inc. → HPQ | Technology Hardware, Storage & Peripherals | United States | 0.069% | -0.020 pp | +12.1% | 0.0 |
| Seagate Technology → STX | Technology Hardware, Storage & Peripherals | United States | 0.041% | -0.012 pp | +4.1% | 0.0 |
| Supermicro → SMCI | Technology Hardware, Storage & Peripherals | United States | 0.004% | +0.004 pp | +7.2% | 0.0 |
| Western Digital → WDC | Technology Hardware, Storage & Peripherals | United States | 0.035% | -0.003 pp | +13.9% | 0.0 |
| Hewlett Packard Enterprise → HPE | Technology Hardware, Storage & Peripherals | United States | 0.064% | -0.002 pp | +29.1% | 0.0 |
| NetApp → NTAP | Technology Hardware, Storage & Peripherals | United States | 0.054% | -0.001 pp | +34.2% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Dec 2024 | 8.851% | +0.650 pp | +0.302 pp | +2.547 pp | -0.379 pp | +10.6% |
| Nov 2024 | 8.201% | -0.161 pp | -0.514 pp | +2.367 pp | -1.314 pp | -0.8% |
| Oct 2024 | 8.362% | -0.186 pp | +2.027 pp | +0.478 pp | -1.004 pp | +0.5% |
| Sep 2024 | 8.548% | -0.167 pp | +2.244 pp | +0.936 pp | -0.685 pp | +3.8% |
| Aug 2024 | 8.715% | +2.380 pp | +2.882 pp | +0.478 pp | -0.941 pp | -0.7% |
| Jul 2024 | 6.335% | +0.031 pp | -1.549 pp | -2.484 pp | -0.606 pp | -2.4% |
| Jun 2024 | 6.304% | +0.471 pp | -1.308 pp | -2.926 pp | -0.960 pp | -7.8% |
| May 2024 | 5.834% | -2.051 pp | -2.403 pp | -3.682 pp | -1.259 pp | -11.0% |
| Apr 2024 | 7.884% | +0.272 pp | -0.935 pp | -1.481 pp | -1.459 pp | -13.0% |
| Mar 2024 | 7.612% | -0.625 pp | -1.618 pp | -1.622 pp | -1.583 pp | -14.5% |
| Feb 2024 | 8.237% | -0.582 pp | -1.278 pp | -1.419 pp | -0.263 pp | -0.1% |
| Jan 2024 | 8.819% | -0.411 pp | -0.547 pp | +1.878 pp | +0.662 pp | +12.2% |
| Dec 2023 | 9.230% | -0.285 pp | -0.004 pp | +1.966 pp | +1.489 pp | +21.4% |
| Nov 2023 | 9.515% | +0.150 pp | -0.141 pp | +2.422 pp | +1.231 pp | +15.6% |
| Oct 2023 | 9.366% | +0.132 pp | +2.424 pp | +0.022 pp | +0.427 pp | +1.2% |
| Sep 2023 | 9.234% | -0.423 pp | +1.969 pp | +0.039 pp | +0.220 pp | +3.2% |
| Aug 2023 | 9.656% | +2.715 pp | +2.563 pp | +1.157 pp | +0.302 pp | +4.9% |
| Jul 2023 | 6.941% | -0.323 pp | -2.402 pp | -1.215 pp | -2.369 pp | +7.4% |
| Jun 2023 | 7.264% | +0.171 pp | -1.930 pp | -0.477 pp | -1.697 pp | +21.3% |
| May 2023 | 7.093% | -2.250 pp | -1.407 pp | -1.192 pp | -1.979 pp | +16.8% |
| Apr 2023 | 9.343% | +0.148 pp | +1.187 pp | +0.404 pp | -0.264 pp | +4.5% |
| Mar 2023 | 9.195% | +0.695 pp | +1.454 pp | +0.181 pp | -0.767 pp | +1.8% |
| Feb 2023 | 8.500% | +0.343 pp | +0.215 pp | -0.854 pp | -1.229 pp | -2.3% |
| Jan 2023 | 8.157% | +0.416 pp | -0.782 pp | -1.154 pp | -1.826 pp | -9.7% |
| Dec 2022 | 7.741% | -0.544 pp | -1.273 pp | -1.220 pp | -1.983 pp | -10.0% |
| Nov 2022 | 8.285% | -0.654 pp | -1.070 pp | -0.787 pp | -1.269 pp | +1.0% |
| Oct 2022 | 8.939% | -0.075 pp | -0.371 pp | -0.668 pp | +0.375 pp | +27.4% |
| Sep 2022 | 9.014% | -0.340 pp | +0.053 pp | -0.947 pp | +0.443 pp | +22.6% |
| Aug 2022 | 9.354% | +0.044 pp | +0.282 pp | -0.374 pp | +0.592 pp | +23.2% |
| Jul 2022 | 9.310% | +0.349 pp | -0.297 pp | -0.672 pp | +0.678 pp | +24.4% |
| Jun 2022 | 8.961% | -0.110 pp | -1.000 pp | -0.762 pp | +0.504 pp | +18.2% |
| May 2022 | 9.072% | -0.535 pp | -0.657 pp | -0.482 pp | +1.214 pp | +28.1% |
| Apr 2022 | 9.607% | -0.354 pp | -0.375 pp | +1.043 pp | +1.229 pp | +26.9% |
| Mar 2022 | 9.961% | +0.233 pp | +0.238 pp | +1.390 pp | +5.736 pp | +33.1% |
| Feb 2022 | 9.728% | -0.254 pp | +0.175 pp | +0.967 pp | +5.453 pp | +26.4% |
| Jan 2022 | 9.982% | +0.259 pp | +1.419 pp | +1.350 pp | +4.459 pp | +17.6% |
| Dec 2021 | 9.724% | +0.170 pp | +1.153 pp | +1.266 pp | +0.227 pp | +14.0% |
| Nov 2021 | 9.554% | +0.990 pp | +0.792 pp | +1.696 pp | +0.611 pp | +17.4% |
| Oct 2021 | 8.564% | -0.007 pp | -0.069 pp | +0.186 pp | -0.514 pp | +2.2% |
| Sep 2021 | 8.571% | -0.191 pp | +0.113 pp | +4.346 pp | +8.568 pp | -1.8% |
| Aug 2021 | 8.762% | +0.129 pp | +0.904 pp | +4.487 pp | +8.759 pp | -5.7% |
| Jul 2021 | 8.633% | +0.175 pp | +0.255 pp | +3.109 pp | +8.630 pp | +4.1% |
| Jun 2021 | 8.458% | +0.600 pp | +4.232 pp | -1.040 pp | +8.455 pp | +7.1% |
| May 2021 | 7.858% | -0.520 pp | +3.583 pp | -1.085 pp | +7.855 pp | +8.8% |
| Apr 2021 | 8.377% | +4.152 pp | +2.854 pp | -0.700 pp | +6.198 pp | +18.2% |
| Mar 2021 | 4.225% | -0.050 pp | -5.272 pp | +4.222 pp | +4.223 pp | +17.2% |
| Feb 2021 | 4.275% | -1.248 pp | -4.668 pp | +4.272 pp | +4.273 pp | +25.7% |
| Jan 2021 | 5.523% | -3.974 pp | -3.554 pp | +5.521 pp | +3.405 pp | +33.1% |
| Dec 2020 | 9.497% | +0.555 pp | +9.495 pp | +9.495 pp | +7.433 pp | +39.9% |
| Nov 2020 | 8.943% | -0.135 pp | +8.940 pp | +8.940 pp | +6.987 pp | +38.0% |
| Oct 2020 | 9.077% | +9.075 pp | +9.075 pp | +6.898 pp | +7.180 pp | +46.7% |
| Sep 2020 | 0.003% | -0.000 pp | +0.000 pp | +0.001 pp | -1.809 pp | +60.1% |
| Aug 2020 | 0.003% | +0.001 pp | +0.001 pp | +0.002 pp | -1.730 pp | +79.6% |
| Jul 2020 | 0.003% | +0.000 pp | -2.177 pp | -2.116 pp | -1.756 pp | +58.5% |
| Jun 2020 | 0.003% | +0.000 pp | +0.001 pp | -2.061 pp | -1.708 pp | +54.6% |
| May 2020 | 0.002% | -2.177 pp | +0.001 pp | -1.953 pp | -1.642 pp | +49.3% |
| Apr 2020 | 2.180% | +2.178 pp | +0.061 pp | +0.283 pp | +0.333 pp | +36.2% |
| Mar 2020 | 0.002% | +0.000 pp | -2.062 pp | -1.811 pp | -1.814 pp | +35.1% |
| Feb 2020 | 0.002% | -2.117 pp | -1.954 pp | -1.732 pp | -1.725 pp | +34.5% |
| Jan 2020 | 2.119% | +0.055 pp | +0.222 pp | +0.360 pp | +1.159 pp | +40.4% |
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.