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›Financials›Regional Banks›Regional Banks

1 · Sector

Weight and 12M allocation change

Consumer Discretionary47.4%+40.34 pp Materials1.1%-1.02 pp Utilities1.9%-1.24 pp Real Estate1.9%-1.31 pp Communication Services1.9%-1.52 pp Energy2.7%-2.03 pp Consumer Staples4.8%-4.53 pp Information Technology10.1%-5.91 pp Health Care9.9%-6.82 pp Industrials8.2%-7.41 pp Financials9.9%-8.55 pp

2 · Industry

Inside Financials

Diversified Banks4.36%-4.09 pp Investment Banking & Brokerage0.82%-0.80 pp Asset Management & Custody Banks0.59%-0.62 pp Property & Casualty Insurance0.65%-0.57 pp Transaction & Payment Processing Services1.00%-0.52 pp Consumer Finance0.52%-0.43 pp Regional Banks0.41%-0.38 pp Life & Health Insurance0.48%-0.37 pp Financial Exchanges & Data0.55%-0.29 pp Multi-line Insurance0.22%-0.23 pp Insurance Brokers0.29%-0.22 pp Reinsurance0.03%-0.02 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.41%-0.377 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Regional Banks · weight

0.41%

Industry change · 12M

-0.38 pp

Regional Banks · contribution

-0.377 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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
M&T Bank → MTB	United States	$25.5bn	0.082%	-0.069 pp	-0.082 pp	-5.8%	No
Fifth Third Bancorp → FITB	United States	$19.7bn	0.063%	-0.064 pp	-0.070 pp	-10.1%	No
Citizens Financial Group → CFG	United States	$19.6bn	0.063%	-0.057 pp	-0.066 pp	-9.2%	No
KeyCorp → KEY	United States	$22.2bn	0.072%	-0.054 pp	-0.060 pp	+0.3%	No
Regions Financial Corporation → RF	United States	$21.5bn	0.069%	-0.055 pp	-0.058 pp	+2.1%	No
Huntington Bancshares → HBAN	United States	$17.9bn	0.058%	-0.042 pp	-0.042 pp	+1.6%	No

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.