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›Communication Services›Movies & Entertainment›Movies & Entertainment

1 · Sector

Weight and 12M allocation change

Consumer Discretionary47.6%+40.56 pp Materials1.4%-0.73 pp Utilities2.1%-1.09 pp Real Estate2.0%-1.22 pp Communication Services2.1%-1.38 pp Energy2.4%-2.26 pp Consumer Staples5.2%-4.20 pp Health Care10.5%-6.24 pp Information Technology9.7%-6.37 pp Industrials7.4%-8.17 pp Financials9.6%-8.90 pp

2 · Industry

Inside Communication Services

Integrated Telecommunication Services1.40%-0.85 pp Cable & Satellite0.55%-0.51 pp Advertising0.06%-0.04 pp Interactive Home Entertainment0.04%+0.04 pp Movies & Entertainment0.04%-0.03 pp Broadcasting0.00%+0.00 pp Wireless Telecommunication Services0.00%+0.00 pp

3 · Sub-industry

Inside Movies & Entertainment

Movies & Entertainment0.04%-0.025 pp

Concentrated

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

View all contributions →

Movies & Entertainment · weight

0.04%

Industry change · 12M

-0.03 pp

Movies & Entertainment · contribution

-0.025 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 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
Netflix → NFLX	United States	$12.5bn	0.041%	-0.010 pp	-0.025 pp	+5.9%	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.