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
Systems Software4.83%+0.56 ppTechnology Hardware, Storage & Peripherals2.02%+0.32 ppApplication Software3.01%+0.23 ppSemiconductors3.39%+0.17 ppIT Consulting & Other Services1.68%-0.06 ppInternet Services & Infrastructure0.18%+0.05 ppSemiconductor Materials & Equipment0.31%-0.04 ppCommunications Equipment1.34%+0.02 ppElectronic Equipment & Instruments0.18%+0.02 ppElectronic Manufacturing Services0.19%-0.02 ppElectronic Components0.18%+0.00 ppTechnology Distributors0.00%+0.00 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.01%
Industry change · 12M
+0.23 pp
Application Software · contribution
+0.225 pp
Company participation
71%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jul 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 | $119.8bn | 0.699% | +0.028 pp | +0.139 pp | +22.5% | Yes |
| Salesforce → CRM | United States | $100.7bn | 0.587% | +0.043 pp | +0.118 pp | +20.4% | Yes |
| Oracle Corporation → ORCL | United States | $189.8bn | 1.107% | -0.038 pp | -0.111 pp | -6.8% | No |
| Intuit → INTU | United States | $52.4bn | 0.306% | +0.015 pp | +0.061 pp | +22.2% | Yes |
| Autodesk → ADSK | United States | $28.1bn | 0.164% | -0.005 pp | +0.019 pp | +11.1% | No |
| Synopsys → SNPS | United States | $13.3bn | 0.078% | -0.000 pp | -0.001 pp | -3.4% | Yes |
| Cadence Design Systems → CDNS | United States | $12.5bn | 0.073% | +0.003 pp | +0.000 pp | -1.7% | 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.