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

Information Technology17.9%+7.83 pp Financials16.1%+6.61 pp Health Care16.1%+6.02 pp Industrials13.5%+5.47 pp Consumer Staples9.2%+4.37 pp Communication Services5.3%+3.38 pp Materials3.3%+2.18 pp Utilities4.0%+2.09 pp Real Estate3.9%+2.04 pp Energy3.6%+0.96 pp Consumer Discretionary7.1%-40.93 pp

2 · Industry

Inside Information Technology

Systems Software5.73%+2.89 pp Semiconductors3.19%+1.32 pp Application Software3.11%+1.30 pp IT Consulting & Other Services1.55%+0.60 pp Technology Hardware, Storage & Peripherals1.81%+0.58 pp Communications Equipment1.31%+0.50 pp Electronic Equipment & Instruments0.29%+0.20 pp Semiconductor Materials & Equipment0.28%+0.14 pp Internet Services & Infrastructure0.20%+0.10 pp Technology Distributors0.09%+0.09 pp Electronic Manufacturing Services0.17%+0.07 pp Electronic Components0.14%+0.03 pp

3 · Sub-industry

Inside Internet Services & Infrastructure

Internet Services & Infrastructure0.20%+0.097 pp

Concentrated

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

View all contributions →

Internet Services & Infrastructure · weight

0.20%

Industry change · 12M

+0.10 pp

Internet Services & Infrastructure · contribution

+0.097 pp

Company participation

50%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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	$22.3bn	0.119%	-0.016 pp	+0.056 pp	+17.8%	No
Akamai Technologies → AKAM	United States	$15.1bn	0.080%	+0.009 pp	+0.041 pp	+24.9%	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.