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›Information Technology›Communications Equipment›Communications Equipment

1 · Sector

Weight and 12M allocation change

Information Technology18.5%+1.48 ppMaterials2.6%+0.47 ppConsumer Staples9.0%+0.44 ppUtilities3.8%+0.36 ppReal Estate3.7%+0.31 ppCommunication Services3.5%+0.30 ppConsumer Discretionary7.3%+0.14 ppHealth Care16.9%+0.03 ppEnergy4.1%-0.93 ppIndustrials13.9%-1.13 ppFinancials16.8%-1.46 pp

2 · Industry

Inside Information Technology

Systems Software5.68%+1.16 ppApplication Software3.34%+0.37 ppTechnology Hardware, Storage & Peripherals1.85%-0.14 ppElectronic Equipment & Instruments0.30%+0.13 ppIT Consulting & Other Services1.62%-0.11 ppSemiconductor Materials & Equipment0.26%-0.09 ppCommunications Equipment1.56%+0.08 ppInternet Services & Infrastructure0.20%+0.06 ppSemiconductors3.36%+0.03 ppElectronic Manufacturing Services0.18%-0.02 ppElectronic Components0.16%+0.00 ppTechnology Distributors0.00%+0.00 pp

3 · Sub-industry

Inside Communications Equipment

Communications Equipment1.56%+0.083 pp
Concentrated

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

View all contributions →
Communications Equipment · weight
1.56%
Industry change · 12M
+0.08 pp
Communications Equipment · contribution
+0.083 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 2019 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Cisco →
CSCO
United States$246.3bn1.372%+0.671 pp+0.061 pp+30.0%Yes
Motorola Solutions →
MSI
United States$23.7bn0.132%+0.069 pp+0.023 pp+34.2%Yes
F5, Inc. →
FFIV
United States$9.3bn0.052%+0.020 pp-0.010 pp-3.8%Yes
Arista Networks →
ANET
United States$1.5bn0.008%+0.005 pp+0.008 pp+18.0%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.