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
Universe›Information Technology›Communications Equipment›Communications Equipment

1 · Sector

Weight and 12M allocation change

Information Technology17.6%+1.59 ppEnergy5.1%+0.44 ppUtilities3.3%+0.18 ppReal Estate3.4%+0.15 ppConsumer Discretionary7.1%+0.03 ppMaterials2.1%-0.02 ppHealth Care16.6%-0.10 ppCommunication Services3.2%-0.30 ppIndustrials15.2%-0.43 ppFinancials18.0%-0.50 ppConsumer Staples8.4%-1.02 pp

2 · Industry

Inside Information Technology

Semiconductors3.65%+0.43 ppSystems Software4.69%+0.42 ppTechnology Hardware, Storage & Peripherals2.08%+0.39 ppApplication Software3.12%+0.33 ppCommunications Equipment1.39%+0.07 ppIT Consulting & Other Services1.70%-0.05 ppInternet Services & Infrastructure0.15%+0.03 ppElectronic Components0.16%-0.02 ppSemiconductor Materials & Equipment0.34%-0.01 ppElectronic Equipment & Instruments0.17%+0.01 ppElectronic Manufacturing Services0.20%-0.01 ppTechnology Distributors0.00%+0.00 pp

3 · Sub-industry

Inside Communications Equipment

Communications Equipment1.39%+0.074 pp
Concentrated

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

View all contributions →
Communications Equipment · weight
1.39%
Industry change · 12M
+0.07 pp
Communications Equipment · contribution
+0.074 pp
Company participation
67%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 2018 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Cisco →
CSCO
United States$200.9bn1.219%-0.074 pp+0.047 pp+3.6%No
Motorola Solutions →
MSI
United States$17.4bn0.106%+0.003 pp+0.014 pp+8.4%Yes
F5, Inc. →
FFIV
United States$10.6bn0.064%+0.009 pp+0.013 pp+19.8%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.