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
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Information Technology
Systems Software0.01%-5.08 ppApplication Software0.00%-3.31 ppSemiconductors0.00%-3.18 ppTechnology Hardware, Storage & Peripherals0.00%-1.73 ppIT Consulting & Other Services0.00%-1.59 ppCommunications Equipment0.00%-1.52 ppElectronic Equipment & Instruments0.00%-0.29 ppSemiconductor Materials & Equipment0.00%-0.24 ppInternet Services & Infrastructure0.00%-0.19 ppElectronic Components0.00%-0.18 ppElectronic Manufacturing Services0.00%-0.16 ppTechnology Distributors0.00%+0.00 pp
3 · Sub-industry
Inside Systems Software
Systems Software · weight
0.01%
Industry change · 12M
-5.08 pp
Systems Software · contribution
-5.077 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 2020 · 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 |
|---|---|---|---|---|---|---|---|
| Microsoft → MSFT | United States | $1232.3bn | 0.005% | -5.813 pp | -4.977 pp | +46.5% | No |
| Gen Digital → GEN | United States | $11.4bn | 0.000% | -0.078 pp | -0.083 pp | +49.2% | No |
| Fortinet → FTNT | United States | $3.5bn | 0.000% | -0.018 pp | -0.017 pp | +17.6% | No |
| ServiceNow → NOW | United States | $12.4bn | 0.000% | -0.054 pp | +0.000 pp | +36.2% | 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.