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

Health Care18.1%+1.27 pp Utilities3.8%+0.64 pp Information Technology17.5%+0.52 pp Real Estate3.7%+0.46 pp Materials2.5%+0.41 pp Communication Services3.6%+0.24 pp Consumer Discretionary7.1%+0.12 pp Energy4.3%-0.09 pp Consumer Staples8.8%-0.25 pp Industrials14.2%-1.17 pp Financials16.5%-2.16 pp

2 · Industry

Inside Consumer Discretionary

Apparel Retail0.57%+0.23 pp Hotels, Resorts & Cruise Lines0.80%-0.14 pp Restaurants1.57%+0.11 pp Casinos & Gaming0.16%-0.06 pp Automobile Manufacturers0.51%-0.06 pp Apparel, Accessories & Luxury Goods0.48%+0.05 pp Broadline Retail0.43%-0.05 pp Other Specialty Retail0.12%+0.04 pp Automotive Retail0.15%+0.03 pp Consumer Electronics0.10%+0.03 pp Automotive Parts & Equipment0.13%-0.02 pp Home Improvement Retail1.70%-0.02 pp Computer & Electronics Retail0.11%-0.02 pp Homebuilding0.13%-0.02 pp Distributors0.09%+0.01 pp Leisure Products0.06%-0.01 pp Footwear0.00%+0.00 pp Homefurnishing Retail0.00%+0.00 pp

3 · Sub-industry

Inside Restaurants

Restaurants1.57%+0.109 pp

Concentrated

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

View all contributions →

Restaurants · weight

1.57%

Industry change · 12M

+0.11 pp

Restaurants · contribution

+0.109 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 2019 · 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	$140.7bn	0.816%	+0.333 pp	+0.064 pp	+19.5%	Yes
Starbucks → SBUX	United States	$87.4bn	0.506%	+0.231 pp	+0.025 pp	+25.9%	Yes
Darden Restaurants → DRI	United States	$13.8bn	0.080%	+0.035 pp	+0.012 pp	+25.1%	Yes
Yum! Brands → YUM	United States	$29.0bn	0.168%	+0.072 pp	+0.006 pp	+18.1%	Yes
Chipotle Mexican Grill → CMG	United States	$0.3bn	0.002%	+0.001 pp	+0.001 pp	+90.8%	Yes

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.