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›Integrated Telecommunication Services›Integrated Telecommunication Services

1 · Sector

Weight and 12M allocation change

Consumer Discretionary48.7%+41.63 ppMaterials1.4%-0.72 ppUtilities2.1%-1.03 ppReal Estate2.0%-1.23 ppCommunication Services2.0%-1.42 ppEnergy2.4%-2.32 ppConsumer Staples5.1%-4.27 ppHealth Care10.4%-6.37 ppInformation Technology9.5%-6.56 ppIndustrials7.2%-8.34 ppFinancials9.1%-9.36 pp

2 · Industry

Inside Communication Services

Integrated Telecommunication Services1.39%-0.86 ppCable & Satellite0.51%-0.54 ppAdvertising0.06%-0.04 ppInteractive Home Entertainment0.04%+0.04 ppMovies & Entertainment0.04%-0.03 ppBroadcasting0.00%+0.00 ppWireless Telecommunication Services0.00%+0.00 pp

3 · Sub-industry

Inside Integrated Telecommunication Services

Integrated Telecommunication Services1.39%-0.857 pp
Concentrated

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

View all contributions →
Integrated Telecommunication Services · weight
1.39%
Industry change · 12M
-0.86 pp
Integrated Telecommunication Services · contribution
-0.857 pp
Company participation
0%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Dec 2018 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
AT&T →
T
United States$156.9bn0.561%-0.026 pp-0.430 pp-19.2%No
Verizon →
VZ
United States$232.3bn0.831%+0.128 pp-0.428 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.