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›Diversified Banks›Diversified Banks

1 · Sector

Weight and 12M allocation change

Information Technology26.2%+5.17 pp Consumer Discretionary7.6%+1.03 pp Industrials12.5%+0.98 pp Financials14.5%+0.40 pp Materials3.4%+0.25 pp Energy2.2%-0.33 pp Utilities3.2%-0.52 pp Real Estate3.1%-0.54 pp Communication Services4.6%-0.59 pp Consumer Staples7.1%-2.07 pp Health Care15.5%-3.78 pp

2 · Industry

Inside Financials

Investment Banking & Brokerage1.35%+0.34 pp Financial Exchanges & Data1.05%-0.17 pp Diversified Banks5.07%+0.16 pp Consumer Finance0.79%+0.15 pp Transaction & Payment Processing Services2.68%-0.10 pp Regional Banks0.46%+0.07 pp Property & Casualty Insurance0.95%-0.06 pp Multi-line Insurance0.24%+0.02 pp Insurance Brokers0.56%-0.02 pp Life & Health Insurance0.58%+0.00 pp Asset Management & Custody Banks0.71%+0.00 pp Reinsurance0.04%+0.00 pp Multi-Sector Holdings0.00%-0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks5.07%+0.165 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

5.07%

Industry change · 12M

+0.16 pp

Diversified Banks · contribution

+0.165 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Apr 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
Bank of America → BAC	United States	$347.3bn	1.259%	+0.644 pp	+0.084 pp	+72.8%	Yes
JPMorgan Chase → JPM	United States	$469.4bn	1.701%	+0.762 pp	+0.054 pp	+65.8%	Yes
Citigroup → C	United States	$148.7bn	0.539%	+0.250 pp	-0.034 pp	+54.0%	Yes
PNC Financial Services → PNC	United States	$79.3bn	0.287%	+0.142 pp	+0.031 pp	+81.5%	Yes
U.S. Bancorp → USB	United States	$89.2bn	0.323%	+0.169 pp	+0.012 pp	+69.3%	Yes
Truist Financial → TFC	United States	$79.9bn	0.290%	+0.135 pp	+0.009 pp	+65.9%	Yes
Wells Fargo → WFC	United States	$186.2bn	0.675%	+0.379 pp	+0.008 pp	+60.1%	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.