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%-5.63 ppApplication Software0.00%-3.19 ppSemiconductors0.00%-3.17 ppTechnology Hardware, Storage & Peripherals0.00%-1.76 ppIT Consulting & Other Services0.00%-1.58 ppCommunications Equipment0.00%-1.46 ppElectronic Equipment & Instruments0.00%-0.29 ppSemiconductor Materials & Equipment0.00%-0.27 ppInternet Services & Infrastructure0.00%-0.21 ppElectronic Manufacturing Services0.00%-0.17 ppElectronic Components0.00%-0.15 ppTechnology Distributors0.00%+0.00 pp
3 · Sub-industry
Inside Systems Software
Systems Software · weight
0.01%
Industry change · 12M
-5.63 pp
Systems Software · contribution
-5.635 pp
Company participation
0%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jul 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 | $1551.4bn | 0.008% | -7.598 pp | -5.549 pp | +52.3% | No |
| Gen Digital → GEN | United States | $12.6bn | 0.000% | -0.071 pp | -0.071 pp | +75.7% | No |
| Fortinet → FTNT | United States | $4.5bn | 0.000% | -0.021 pp | -0.015 pp | +72.2% | No |
| ServiceNow → NOW | United States | $16.8bn | 0.000% | -0.075 pp | +0.000 pp | +58.3% | 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.