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 Technology25.6%+25.56 pp Health Care15.7%+15.64 pp Industrials12.8%+12.82 pp Consumer Discretionary7.4%+7.37 pp Consumer Staples7.2%+7.19 pp Communication Services4.6%+4.56 pp Materials3.5%+3.50 pp Utilities3.1%+3.09 pp Real Estate3.1%+3.08 pp Energy2.4%+2.35 pp Financials14.7%-85.17 pp

2 · Industry

Inside Financials

Insurance Brokers0.56%-99.34 pp Diversified Banks5.28%+5.27 pp Transaction & Payment Processing Services2.57%+2.57 pp Investment Banking & Brokerage1.44%+1.44 pp Financial Exchanges & Data1.03%+1.03 pp Property & Casualty Insurance0.95%+0.95 pp Consumer Finance0.82%+0.82 pp Asset Management & Custody Banks0.73%+0.73 pp Life & Health Insurance0.60%+0.60 pp Regional Banks0.48%+0.47 pp Multi-line Insurance0.25%+0.25 pp Reinsurance0.04%+0.04 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks5.28%+5.271 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

5.28%

Industry change · 12M

+5.27 pp

Diversified Banks · contribution

+5.271 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 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	$497.2bn	1.781%	+0.884 pp	+1.779 pp	+74.3%	Yes
Bank of America → BAC	United States	$363.3bn	1.301%	+0.702 pp	+1.300 pp	+80.2%	Yes
Wells Fargo → WFC	United States	$193.1bn	0.692%	+0.393 pp	+0.691 pp	+79.0%	Yes
Citigroup → C	United States	$162.7bn	0.583%	+0.308 pp	+0.582 pp	+70.6%	Yes
U.S. Bancorp → USB	United States	$90.5bn	0.324%	+0.174 pp	+0.324 pp	+77.9%	Yes
Truist Financial → TFC	United States	$83.1bn	0.298%	+0.144 pp	+0.297 pp	+74.2%	Yes
PNC Financial Services → PNC	United States	$82.7bn	0.296%	+0.154 pp	+0.296 pp	+76.8%	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.