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
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Financials
Diversified Banks6.84%-1.63 ppInvestment Banking & Brokerage1.24%-0.45 ppTransaction & Payment Processing Services1.97%+0.43 ppAsset Management & Custody Banks0.95%-0.28 ppRegional Banks0.63%-0.17 ppMulti-line Insurance0.34%-0.09 ppFinancial Exchanges & Data0.97%+0.08 ppConsumer Finance0.89%-0.07 ppInsurance Brokers0.60%+0.06 ppProperty & Casualty Insurance1.17%-0.03 ppReinsurance0.05%-0.01 ppLife & Health Insurance0.83%-0.00 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Investment Banking & Brokerage
Investment Banking & Brokerage · weight
1.24%
Industry change · 12M
-0.45 pp
Investment Banking & Brokerage · contribution
-0.446 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 |
|---|---|---|---|---|---|---|---|
| Morgan Stanley → MS | United States | $71.7bn | 0.416% | +0.162 pp | -0.186 pp | -23.2% | Yes |
| Goldman Sachs → GS | United States | $72.4bn | 0.420% | +0.184 pp | -0.179 pp | -24.1% | Yes |
| Charles Schwab Corporation → SCHW | United States | $61.3bn | 0.355% | +0.154 pp | -0.072 pp | -12.3% | Yes |
| Raymond James Financial → RJF | United States | $7.8bn | 0.045% | +0.020 pp | -0.009 pp | -9.7% | 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.