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 Financials
Diversified Banks2.59%-3.62 ppTransaction & Payment Processing Services1.52%-1.11 ppProperty & Casualty Insurance0.53%-0.62 ppFinancial Exchanges & Data0.59%-0.55 ppConsumer Finance0.39%-0.47 ppInvestment Banking & Brokerage0.69%-0.47 ppAsset Management & Custody Banks0.38%-0.42 ppLife & Health Insurance0.31%-0.41 ppInsurance Brokers0.30%-0.33 ppRegional Banks0.24%-0.29 ppMulti-line Insurance0.13%-0.20 ppReinsurance0.02%-0.04 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Diversified Banks
Diversified Banks · weight
2.59%
Industry change · 12M
-3.62 pp
Diversified Banks · contribution
-3.618 pp
Company participation
57%
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 |
|---|---|---|---|---|---|---|---|
| JPMorgan Chase → JPM | United States | $392.2bn | 0.939% | -0.475 pp | -1.109 pp | +0.8% | Yes |
| Bank of America → BAC | United States | $256.5bn | 0.614% | -0.356 pp | -0.843 pp | -7.3% | Yes |
| Wells Fargo → WFC | United States | $123.5bn | 0.296% | -0.123 pp | -0.684 pp | -33.8% | Yes |
| Citigroup → C | United States | $120.7bn | 0.289% | -0.119 pp | -0.512 pp | -18.8% | Yes |
| U.S. Bancorp → USB | United States | $64.6bn | 0.155% | -0.123 pp | -0.255 pp | -15.8% | No |
| PNC Financial Services → PNC | United States | $60.8bn | 0.146% | -0.079 pp | -0.175 pp | +0.6% | No |
| Truist Financial → TFC | United States | $64.7bn | 0.155% | -0.114 pp | -0.040 pp | -2.9% | 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.