Observatory · observe first
Follow the allocation change
Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.
Historical time machine
Historical observation
20182026
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Information Technology
Technology Hardware, Storage & Peripherals1.99%+0.29 ppSystems Software4.52%+0.25 ppApplication Software2.97%+0.18 ppCommunications Equipment1.48%+0.17 ppSemiconductors3.33%+0.10 ppElectronic Components0.16%-0.02 ppInternet Services & Infrastructure0.14%+0.02 ppElectronic Manufacturing Services0.20%-0.01 ppIT Consulting & Other Services1.74%-0.01 ppElectronic Equipment & Instruments0.17%+0.00 ppSemiconductor Materials & Equipment0.35%-0.00 ppTechnology Distributors0.00%+0.00 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
2.97%
Industry change · 12M
+0.18 pp
Application Software · contribution
+0.179 pp
Company participation
86%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Apr 2018 · sorted by absolute contribution to 12-month change
| Company | Country | Market cap | Universe weight | 3M contribution | 12M contribution | 12M price return | Above 6M weight average |
|---|---|---|---|---|---|---|---|
| Adobe Inc. → ADBE | United States | $109.1bn | 0.671% | +0.111 pp | +0.111 pp | +10.9% | Yes |
| Salesforce → CRM | United States | $88.5bn | 0.544% | +0.075 pp | +0.075 pp | +6.2% | Yes |
| Oracle Corporation → ORCL | United States | $186.4bn | 1.146% | -0.072 pp | -0.072 pp | -11.1% | No |
| Intuit → INTU | United States | $47.3bn | 0.291% | +0.046 pp | +0.046 pp | +10.3% | Yes |
| Autodesk → ADSK | United States | $27.5bn | 0.169% | +0.024 pp | +0.024 pp | +8.9% | Yes |
| Cadence Design Systems → CDNS | United States | $11.3bn | 0.069% | -0.003 pp | -0.003 pp | -10.7% | Yes |
| Synopsys → SNPS | United States | $12.7bn | 0.078% | -0.000 pp | -0.000 pp | -7.7% | Yes |
Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.