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›Consumer Staples›Tobacco›Tobacco

1 · Sector

Weight and 12M allocation change

Information Technology18.1%+8.41 pp Financials16.5%+6.93 pp Health Care16.8%+6.27 pp Industrials13.7%+6.24 pp Consumer Staples8.8%+3.60 pp Communication Services5.3%+3.22 pp Materials3.2%+1.80 pp Utilities3.7%+1.59 pp Real Estate3.6%+1.58 pp Energy3.4%+1.00 pp Consumer Discretionary7.0%-40.65 pp

2 · Industry

Inside Consumer Staples

Consumer Staples Merchandise Retail1.86%+0.92 pp Soft Drinks & Non-alcoholic Beverages2.15%+0.84 pp Personal Care Products1.53%+0.75 pp Packaged Foods & Meats0.96%+0.33 pp Tobacco1.12%+0.33 pp Household Products0.71%+0.27 pp Food Distributors0.21%+0.09 pp Agricultural Products & Services0.12%+0.03 pp Food Retail0.11%+0.03 pp

3 · Sub-industry

Inside Tobacco

Tobacco1.12%+0.329 pp

Concentrated

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

View all contributions →

Tobacco · weight

1.12%

Industry change · 12M

+0.33 pp

Tobacco · contribution

+0.329 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 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
Philip Morris International → PM	United States	$129.0bn	0.650%	+0.040 pp	+0.203 pp	+1.7%	Yes
Altria → MO	United States	$92.8bn	0.468%	+0.023 pp	+0.125 pp	-3.2%	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.