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 Discretionary48.2%+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 Financials

Diversified Banks4.17%-4.27 pp Investment Banking & Brokerage0.80%-0.82 pp Asset Management & Custody Banks0.54%-0.67 pp Property & Casualty Insurance0.66%-0.57 pp Transaction & Payment Processing Services0.98%-0.54 pp Consumer Finance0.51%-0.44 pp Regional Banks0.38%-0.40 pp Life & Health Insurance0.46%-0.38 pp Financial Exchanges & Data0.54%-0.31 pp Multi-line Insurance0.19%-0.26 pp Insurance Brokers0.32%-0.20 pp Reinsurance0.03%-0.02 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.38%-0.402 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Regional Banks · weight

0.38%

Industry change · 12M

-0.40 pp

Regional Banks · contribution

-0.402 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
M&T Bank → MTB	United States	$23.8bn	0.081%	-0.066 pp	-0.083 pp	-12.1%	No
Fifth Third Bancorp → FITB	United States	$18.0bn	0.061%	-0.057 pp	-0.072 pp	-17.0%	No
Citizens Financial Group → CFG	United States	$17.8bn	0.060%	-0.052 pp	-0.069 pp	-17.0%	No
KeyCorp → KEY	United States	$19.1bn	0.065%	-0.064 pp	-0.067 pp	-13.5%	No
Regions Financial Corporation → RF	United States	$18.7bn	0.063%	-0.058 pp	-0.064 pp	-10.3%	No
Huntington Bancshares → HBAN	United States	$15.2bn	0.052%	-0.048 pp	-0.048 pp	-9.4%	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.