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
Technology Hardware, Storage & Peripherals5.52%+3.40 ppSystems Software4.28%-2.28 ppSemiconductors2.09%-1.28 ppApplication Software2.08%-1.17 ppIT Consulting & Other Services0.74%-0.74 ppCommunications Equipment0.55%-0.60 ppElectronic Equipment & Instruments0.24%-0.10 ppInternet Services & Infrastructure0.10%-0.10 ppElectronic Manufacturing Services0.10%-0.06 ppTechnology Distributors0.05%-0.05 ppElectronic Components0.08%-0.04 ppSemiconductor Materials & Equipment0.28%-0.01 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
2.08%
Industry change · 12M
-1.17 pp
Application Software · contribution
-1.165 pp
Company participation
22%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2021 · 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 |
|---|---|---|---|---|---|---|---|
| Oracle Corporation → ORCL | United States | $177.9bn | 0.426% | -0.373 pp | -0.404 pp | +17.2% | No |
| Adobe Inc. → ADBE | United States | $219.6bn | 0.526% | -0.489 pp | -0.309 pp | +30.7% | No |
| Salesforce → CRM | United States | $206.4bn | 0.494% | -0.506 pp | -0.303 pp | +23.7% | No |
| Intuit → INTU | United States | $94.9bn | 0.227% | -0.163 pp | -0.133 pp | +29.8% | No |
| Autodesk → ADSK | United States | $61.0bn | 0.146% | -0.098 pp | -0.068 pp | +40.9% | No |
| Tyler Technologies → TYL | United States | $17.0bn | 0.041% | -0.032 pp | +0.041 pp | +30.6% | No |
| Trimble Inc. → TRMB | United States | $16.5bn | 0.039% | +0.039 pp | +0.039 pp | +55.0% | Yes |
| Synopsys → SNPS | United States | $39.1bn | 0.094% | -0.060 pp | -0.016 pp | +73.2% | Yes |
| Cadence Design Systems → CDNS | United States | $36.4bn | 0.087% | -0.057 pp | -0.013 pp | +80.8% | 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.