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 Discretionary47.6%+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 Financials

Diversified Banks4.16%-4.28 pp Investment Banking & Brokerage0.72%-0.90 pp Asset Management & Custody Banks0.56%-0.66 pp Property & Casualty Insurance0.65%-0.57 pp Transaction & Payment Processing Services1.03%-0.49 pp Consumer Finance0.52%-0.43 pp Regional Banks0.37%-0.42 pp Life & Health Insurance0.47%-0.38 pp Financial Exchanges & Data0.54%-0.30 pp Multi-line Insurance0.20%-0.26 pp Insurance Brokers0.33%-0.19 pp Reinsurance0.03%-0.02 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.37%-0.417 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Regional Banks · weight

0.37%

Industry change · 12M

-0.42 pp

Regional Banks · contribution

-0.417 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
M&T Bank → MTB	United States	$23.7bn	0.079%	-0.003 pp	-0.085 pp	-9.6%	No
Fifth Third Bancorp → FITB	United States	$18.3bn	0.061%	-0.003 pp	-0.072 pp	-14.1%	No
Citizens Financial Group → CFG	United States	$17.0bn	0.057%	-0.007 pp	-0.072 pp	-19.2%	No
Regions Financial Corporation → RF	United States	$17.0bn	0.057%	-0.013 pp	-0.071 pp	-13.1%	No
KeyCorp → KEY	United States	$19.0bn	0.063%	-0.009 pp	-0.068 pp	-11.8%	No
Huntington Bancshares → HBAN	United States	$15.5bn	0.051%	-0.006 pp	-0.048 pp	-7.7%	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.