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›Internet Services & Infrastructure›Internet Services & Infrastructure

1 · Sector

Weight and 12M allocation change

Communication Services5.2%+1.94 pp Materials2.8%+0.73 pp Information Technology17.9%+0.59 pp Utilities3.7%+0.30 pp Real Estate3.7%+0.26 pp Consumer Discretionary7.1%+0.24 pp Consumer Staples8.9%+0.13 pp Industrials14.4%-0.54 pp Health Care16.3%-0.95 pp Energy3.8%-1.22 pp Financials16.3%-1.49 pp

2 · Industry

Inside Information Technology

Systems Software5.64%+0.82 pp Technology Hardware, Storage & Peripherals1.76%-0.26 pp Semiconductors3.17%-0.22 pp Application Software3.19%+0.18 pp Communications Equipment1.46%+0.13 pp Electronic Equipment & Instruments0.29%+0.11 pp IT Consulting & Other Services1.59%-0.10 pp Semiconductor Materials & Equipment0.27%-0.04 pp Internet Services & Infrastructure0.21%+0.03 pp Electronic Components0.15%-0.03 pp Electronic Manufacturing Services0.17%-0.02 pp Technology Distributors0.00%+0.00 pp

3 · Sub-industry

Inside Internet Services & Infrastructure

Internet Services & Infrastructure0.21%+0.032 pp

Concentrated

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

View all contributions →

Internet Services & Infrastructure · weight

0.21%

Industry change · 12M

+0.03 pp

Internet Services & Infrastructure · contribution

+0.032 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jul 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
Verisign → VRSN	United States	$25.0bn	0.133%	+0.002 pp	+0.030 pp	+45.3%	Yes
Akamai Technologies → AKAM	United States	$14.5bn	0.077%	+0.004 pp	+0.002 pp	+17.1%	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.