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›Consumer Discretionary›Restaurants›Restaurants

1 · Sector

Weight and 12M allocation change

Consumer Discretionary48.2%+41.13 pp Materials1.1%-1.05 pp Utilities2.0%-1.12 pp Real Estate2.0%-1.28 pp Communication Services2.0%-1.49 pp Energy2.5%-2.22 pp Consumer Staples5.2%-4.15 pp Information Technology9.8%-6.27 pp Health Care10.0%-6.71 pp Industrials7.6%-7.94 pp Financials9.6%-8.89 pp

2 · Industry

Inside Consumer Discretionary

Consumer Electronics44.42%+44.35 pp Home Improvement Retail0.94%-0.89 pp Restaurants0.87%-0.59 pp Hotels, Resorts & Cruise Lines0.43%-0.52 pp Automobile Manufacturers0.30%-0.28 pp Broadline Retail0.23%-0.21 pp Apparel, Accessories & Luxury Goods0.26%-0.15 pp Casinos & Gaming0.09%-0.13 pp Homebuilding0.07%-0.09 pp Apparel Retail0.24%-0.08 pp Automotive Parts & Equipment0.07%-0.08 pp Automotive Retail0.07%-0.06 pp Computer & Electronics Retail0.07%-0.06 pp Distributors0.05%-0.04 pp Leisure Products0.04%-0.03 pp Other Specialty Retail0.06%-0.02 pp Footwear0.00%+0.00 pp Homefurnishing Retail0.00%+0.00 pp

3 · Sub-industry

Inside Restaurants

Restaurants0.87%-0.590 pp

Concentrated

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

View all contributions →

Restaurants · weight

0.87%

Industry change · 12M

-0.59 pp

Restaurants · contribution

-0.590 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Oct 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
McDonald's → MCD	United States	$137.2bn	0.465%	-0.256 pp	-0.313 pp	+5.3%	No
Starbucks → SBUX	United States	$78.6bn	0.266%	-0.146 pp	-0.189 pp	+4.4%	No
Yum! Brands → YUM	United States	$28.7bn	0.097%	-0.052 pp	-0.065 pp	+8.3%	No
Darden Restaurants → DRI	United States	$13.2bn	0.045%	-0.032 pp	-0.023 pp	+13.5%	No
Chipotle Mexican Grill → CMG	United States	$0.3bn	0.001%	-0.001 pp	-0.000 pp	+41.7%	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.