WASTE MANAGEMENT INC and HUNTINGTON INGALLS INDUSTRIE moved almost identically (+41.36% vs +39.05%), yet WM moved the XLI 48.9× as much. In a cap-weighted index, the bigger company's weight turns the same percentage move into far more points.
Attribution map
slicing the +69.24 pt move · cell size = points contributed · color = direction, intensity = return
CAT+7.6 pts(+214.5%)
GE+7.3 pts(+260.0%)
GEV+6.8 pts(+668.6%)
RTX+4.0 pts(+180.6%)
ETN+3.4 pts(+112.5%)
PH+2.6 pts(+157.4%)
VRT+2.5 pts(+537.8%)
PWR+2.4 pts
TT+2.1 pts
URI+2.1 pts(+155.6%)
HWM+2.0 pts(+396.4%)
DE+1.9 pts(+71.0%)
JCI+1.9 pts
UBER+1.9 pts
FIX+1.6 pts(+940.6%)
MMM+1.6 pts(+132.8%)
CMI+1.5 pts(+143.3%)
EMR+1.4 pts
FDX+1.4 pts
UPS
FAST+1.1 pts
BA−1.1 pts
WM+1.1 pts
CTAS
GWW+1.0 pts
CSX+1.0 pts
EME
TDG+0.9 pts
NSC+0.9 pts
AME
LMT
HONA
RSG
PCAR
DAL
ITW
UAL
BE
UNP
VLTO
LHX
ROK
SNA
Concentration curve
cumulative share of the +69.24 pt move · sorted by contribution
When they drove it
cumulative points through the period
Breadth
member returns, this period
−100%+100%+300%+500%+700%+900%
From −37.53% (CPRT) to +940.56% (FIX). Equal-weight, the XLI would be +83.34% vs the actual +69.23%; the gap is what cap weighting did.
By sector
point contribution · sums to +69.24 pts
-83
+71.7
The year, session by session
every trading day of 2026 · hover for the move
JANFEBMARAPRMAYJUNJULAUGSEPOCT
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Industrials · Select Sector
What moved the market
3Y · OCT 9, 2026
+69.23%
+69.2 pts · closed 169.25
67 of 83 rose · 16 fell
CAT+214.5%
+7.6
GE+260.0%
+7.3
GEV+668.6%
+6.8
RTX+180.6%
+4.0
ETN+112.5%
+3.4
VRSK−24.5%
−0.2
CPRT−37.5%
−0.3
HONA−28.3%
−0.6
BA+1.9%
−1.1
UPS−28.4%
−1.4
Broad advance · CAT led at +7.61 ptsWMTMT.COM
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