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 Discretionary48.1%+41.00 pp Materials1.1%-1.04 pp Utilities1.9%-1.28 pp Real Estate1.8%-1.40 pp Communication Services1.9%-1.53 pp Energy2.7%-2.04 pp Consumer Staples4.8%-4.56 pp Information Technology10.0%-6.01 pp Health Care10.1%-6.67 pp Industrials8.1%-7.53 pp Financials9.5%-8.94 pp

2 · Industry

Inside Financials

Diversified Banks4.12%-4.32 pp Investment Banking & Brokerage0.77%-0.85 pp Asset Management & Custody Banks0.57%-0.65 pp Property & Casualty Insurance0.65%-0.58 pp Transaction & Payment Processing Services0.99%-0.53 pp Consumer Finance0.51%-0.45 pp Regional Banks0.38%-0.41 pp Life & Health Insurance0.48%-0.36 pp Financial Exchanges & Data0.52%-0.32 pp Multi-line Insurance0.22%-0.23 pp Insurance Brokers0.30%-0.22 pp Reinsurance0.03%-0.02 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.38%-0.407 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Regional Banks · weight

0.38%

Industry change · 12M

-0.41 pp

Regional Banks · contribution

-0.407 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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	$23.7bn	0.075%	-0.075 pp	-0.088 pp	-12.5%	No
Fifth Third Bancorp → FITB	United States	$18.7bn	0.059%	-0.060 pp	-0.074 pp	-14.1%	No
Citizens Financial Group → CFG	United States	$18.4bn	0.058%	-0.056 pp	-0.070 pp	-14.9%	No
KeyCorp → KEY	United States	$20.9bn	0.067%	-0.059 pp	-0.065 pp	-5.3%	No
Regions Financial Corporation → RF	United States	$20.2bn	0.064%	-0.057 pp	-0.063 pp	-3.0%	No
Huntington Bancshares → HBAN	United States	$16.5bn	0.052%	-0.046 pp	-0.047 pp	-5.6%	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.