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 Technology21.1%+2.55 pp Health Care19.3%+2.41 pp Communication Services5.2%+1.68 pp Materials3.1%+0.58 pp Consumer Staples9.2%+0.20 pp Real Estate3.6%-0.03 pp Utilities3.7%-0.06 pp Consumer Discretionary6.5%-0.72 pp Energy2.5%-1.60 pp Industrials11.5%-2.34 pp Financials14.1%-2.68 pp

2 · Industry

Inside Consumer Staples

Consumer Staples Merchandise Retail2.05%+0.35 pp Tobacco1.06%-0.26 pp Personal Care Products1.63%+0.14 pp Food Distributors0.16%-0.04 pp Soft Drinks & Non-alcoholic Beverages2.18%-0.03 pp Agricultural Products & Services0.12%-0.02 pp Food Retail0.14%+0.02 pp Packaged Foods & Meats1.06%+0.02 pp Household Products0.83%+0.02 pp

3 · Sub-industry

Inside Tobacco

Tobacco1.06%-0.258 pp

Concentrated

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

View all contributions →

Tobacco · weight

1.06%

Industry change · 12M

-0.26 pp

Tobacco · contribution

-0.258 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 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
Altria → MO	United States	$72.9bn	0.408%	-0.030 pp	-0.158 pp	-21.9%	Yes
Philip Morris International → PM	United States	$116.2bn	0.650%	+0.015 pp	-0.100 pp	-8.2%	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.