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›Communication Services›Integrated Telecommunication Services›Integrated Telecommunication Services

1 · Sector

Weight and 12M allocation change

Information Technology27.2%+8.81 ppConsumer Discretionary7.5%+0.48 ppMaterials3.1%-0.14 ppCommunication Services5.1%-0.22 ppReal Estate2.9%-0.60 ppUtilities2.9%-0.78 ppHealth Care16.1%-0.85 ppConsumer Staples7.8%-0.86 ppIndustrials12.1%-1.12 ppEnergy1.9%-1.68 ppFinancials13.4%-3.05 pp

2 · Industry

Inside Communication Services

Integrated Telecommunication Services1.61%-0.69 ppWireless Telecommunication Services0.68%+0.35 ppMovies & Entertainment1.49%+0.07 ppCable & Satellite1.14%+0.06 ppAdvertising0.05%-0.03 ppInteractive Home Entertainment0.10%+0.03 ppBroadcasting0.00%-0.00 pp

3 · Sub-industry

Inside Integrated Telecommunication Services

Integrated Telecommunication Services1.61%-0.693 pp
Concentrated

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

View all contributions →
Integrated Telecommunication Services · weight
1.61%
Industry change · 12M
-0.69 pp
Integrated Telecommunication Services · contribution
-0.693 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Dec 2020 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
AT&T →
T
United States$154.8bn0.627%+0.626 pp-0.431 pp-19.6%Yes
Verizon →
VZ
United States$243.1bn0.984%+0.983 pp-0.262 pp-0.1%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.