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

Utilities99.9%+96.05 pp Materials0.0%-2.53 pp Communication Services0.0%-3.62 pp Real Estate0.0%-3.79 pp Energy0.0%-4.36 pp Consumer Discretionary0.0%-7.15 pp Consumer Staples0.0%-9.08 pp Industrials0.0%-13.82 pp Financials0.0%-15.97 pp Health Care0.0%-17.87 pp Information Technology0.0%-17.87 pp

2 · Industry

Inside Consumer Staples

Soft Drinks & Non-alcoholic Beverages0.00%-2.18 pp Consumer Staples Merchandise Retail0.00%-1.71 pp Personal Care Products0.00%-1.49 pp Tobacco0.00%-1.41 pp Packaged Foods & Meats0.00%-1.04 pp Household Products0.00%-0.80 pp Food Distributors0.00%-0.20 pp Agricultural Products & Services0.00%-0.14 pp Food Retail0.00%-0.11 pp

3 · Sub-industry

Inside Tobacco

Tobacco0.00%-1.407 pp

Concentrated

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

View all contributions →

Tobacco · weight

0.00%

Industry change · 12M

-1.41 pp

Tobacco · contribution

-1.407 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 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
Philip Morris International → PM	United States	$113.5bn	0.001%	-0.649 pp	-0.789 pp	-12.1%	No
Altria → MO	United States	$71.9bn	0.000%	-0.457 pp	-0.618 pp	-27.2%	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.