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 Technology27.2%+9.30 pp Health Care16.9%+0.36 pp Materials3.2%-0.04 pp Consumer Discretionary6.8%-0.33 pp Communication Services4.9%-0.41 pp Utilities3.4%-0.47 pp Consumer Staples8.5%-0.55 pp Real Estate3.2%-0.60 pp Industrials11.8%-1.61 pp Energy1.6%-1.86 pp Financials12.5%-3.80 pp

2 · Industry

Inside Financials

Diversified Banks3.98%-2.62 pp Transaction & Payment Processing Services2.64%+0.29 pp Consumer Finance0.57%-0.27 pp Life & Health Insurance0.49%-0.27 pp Asset Management & Custody Banks0.62%-0.20 pp Regional Banks0.37%-0.19 pp Property & Casualty Insurance0.95%-0.18 pp Investment Banking & Brokerage0.95%-0.16 pp Multi-line Insurance0.21%-0.15 pp Insurance Brokers0.54%-0.05 pp Financial Exchanges & Data1.09%+0.02 pp Reinsurance0.04%-0.02 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.37%-0.187 pp

Broad

The loss is shared across much of the industry.

View all contributions →

Regional Banks · weight

0.37%

Industry change · 12M

-0.19 pp

Regional Banks · contribution

-0.187 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Oct 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
M&T Bank → MTB	United States	$13.3bn	0.063%	+0.063 pp	-0.046 pp	-31.5%	Yes
Fifth Third Bancorp → FITB	United States	$16.5bn	0.078%	+0.078 pp	-0.032 pp	-16.0%	Yes
KeyCorp → KEY	United States	$12.7bn	0.060%	+0.060 pp	-0.032 pp	-24.0%	Yes
Citizens Financial Group → CFG	United States	$11.6bn	0.055%	+0.055 pp	-0.027 pp	-17.9%	Yes
Huntington Bancshares → HBAN	United States	$10.6bn	0.050%	+0.050 pp	-0.026 pp	-21.7%	Yes
Regions Financial Corporation → RF	United States	$12.8bn	0.060%	+0.060 pp	-0.023 pp	-13.5%	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.