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›Information Technology›Internet Services & Infrastructure›Internet Services & Infrastructure

1 · Sector

Weight and 12M allocation change

Consumer Discretionary46.1%+39.16 pp Materials1.8%-1.34 pp Real Estate1.7%-1.86 pp Energy1.1%-2.06 pp Utilities1.7%-2.24 pp Communication Services2.8%-2.38 pp Information Technology16.1%-3.01 pp Consumer Staples4.4%-4.39 pp Industrials6.9%-6.49 pp Health Care9.7%-6.87 pp Financials7.7%-8.52 pp

2 · Industry

Inside Information Technology

Technology Hardware, Storage & Peripherals5.52%+3.40 pp Systems Software4.28%-2.28 pp Semiconductors2.09%-1.28 pp Application Software2.08%-1.17 pp IT Consulting & Other Services0.74%-0.74 pp Communications Equipment0.55%-0.60 pp Electronic Equipment & Instruments0.24%-0.10 pp Internet Services & Infrastructure0.10%-0.10 pp Electronic Manufacturing Services0.10%-0.06 pp Technology Distributors0.05%-0.05 pp Electronic Components0.08%-0.04 pp Semiconductor Materials & Equipment0.28%-0.01 pp

3 · Sub-industry

Inside Internet Services & Infrastructure

Internet Services & Infrastructure0.10%-0.099 pp

Concentrated

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

View all contributions →

Internet Services & Infrastructure · weight

0.10%

Industry change · 12M

-0.10 pp

Internet Services & Infrastructure · contribution

-0.099 pp

Company participation

50%

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
Verisign → VRSN	United States	$22.1bn	0.053%	-0.050 pp	-0.068 pp	-6.8%	No
Akamai Technologies → AKAM	United States	$18.1bn	0.043%	-0.030 pp	-0.031 pp	+18.9%	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.