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›Technology Hardware, Storage & Peripherals›Technology Hardware, Storage & Peripherals

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 Technology Hardware, Storage & Peripherals

Technology Hardware, Storage & Peripherals1.76%-0.258 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Technology Hardware, Storage & Peripherals · weight

1.76%

Industry change · 12M

-0.26 pp

Technology Hardware, Storage & Peripherals · contribution

-0.258 pp

Company participation

33%

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
Apple Inc. → AAPL	United States	$240.7bn	1.281%	-0.037 pp	-0.083 pp	+13.7%	Yes
HP Inc. → HPQ	United States	$31.7bn	0.169%	-0.002 pp	-0.048 pp	-6.1%	No
NetApp → NTAP	United States	$14.0bn	0.075%	-0.026 pp	-0.044 pp	-22.7%	No
Hewlett Packard Enterprise → HPE	United States	$19.2bn	0.102%	-0.018 pp	-0.034 pp	-4.1%	No
Western Digital → WDC	United States	$11.9bn	0.064%	+0.001 pp	-0.029 pp	-19.7%	Yes
Seagate Technology → STX	United States	$12.8bn	0.068%	-0.006 pp	-0.020 pp	-6.8%	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.