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›Financials›Regional Banks›Regional Banks

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 Financials

Diversified Banks6.60%+2.44 pp Transaction & Payment Processing Services2.55%+1.51 pp Financial Exchanges & Data1.06%+0.52 pp Property & Casualty Insurance1.12%+0.47 pp Investment Banking & Brokerage1.16%+0.44 pp Consumer Finance0.85%+0.33 pp Life & Health Insurance0.76%+0.29 pp Asset Management & Custody Banks0.84%+0.28 pp Insurance Brokers0.60%+0.27 pp Regional Banks0.56%+0.19 pp Multi-line Insurance0.35%+0.15 pp Reinsurance0.06%+0.03 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.56%+0.189 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Regional Banks · weight

0.56%

Industry change · 12M

+0.19 pp

Regional Banks · contribution

+0.189 pp

Company participation

33%

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
Fifth Third Bancorp → FITB	United States	$21.4bn	0.108%	+0.003 pp	+0.047 pp	+12.0%	No
KeyCorp → KEY	United States	$19.1bn	0.096%	+0.006 pp	+0.033 pp	+9.1%	Yes
M&T Bank → MTB	United States	$21.7bn	0.110%	+0.003 pp	+0.031 pp	-0.0%	No
Citizens Financial Group → CFG	United States	$16.7bn	0.084%	+0.002 pp	+0.028 pp	+9.8%	No
Huntington Bancshares → HBAN	United States	$15.4bn	0.077%	+0.003 pp	+0.026 pp	+6.5%	Yes
Regions Financial Corporation → RF	United States	$16.1bn	0.081%	+0.002 pp	+0.024 pp	+5.1%	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.