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 Technology26.9%+26.90 pp Health Care15.8%+15.74 pp Industrials12.3%+12.31 pp Consumer Discretionary7.4%+7.35 pp Consumer Staples7.1%+7.09 pp Communication Services4.5%+4.49 pp Materials3.3%+3.27 pp Real Estate3.1%+3.13 pp Utilities3.0%+2.97 pp Energy2.4%+2.40 pp Financials14.3%-85.64 pp

2 · Industry

Inside Financials

Insurance Brokers0.54%-99.36 pp Diversified Banks4.94%+4.93 pp Transaction & Payment Processing Services2.63%+2.63 pp Investment Banking & Brokerage1.43%+1.43 pp Financial Exchanges & Data1.09%+1.09 pp Property & Casualty Insurance0.89%+0.89 pp Consumer Finance0.81%+0.81 pp Asset Management & Custody Banks0.71%+0.70 pp Life & Health Insurance0.55%+0.55 pp Regional Banks0.42%+0.42 pp Multi-line Insurance0.23%+0.23 pp Reinsurance0.04%+0.04 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks4.94%+4.931 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

4.94%

Industry change · 12M

+4.93 pp

Diversified Banks · contribution

+4.931 pp

Company participation

100%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jun 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	$470.8bn	1.662%	+0.754 pp	+1.661 pp	+70.7%	Yes
Bank of America → BAC	United States	$353.3bn	1.247%	+0.594 pp	+1.246 pp	+77.5%	Yes
Wells Fargo → WFC	United States	$187.2bn	0.661%	+0.345 pp	+0.660 pp	+79.4%	Yes
Citigroup → C	United States	$146.2bn	0.516%	+0.219 pp	+0.516 pp	+43.8%	Yes
U.S. Bancorp → USB	United States	$84.9bn	0.300%	+0.137 pp	+0.299 pp	+60.4%	Yes
PNC Financial Services → PNC	United States	$81.0bn	0.286%	+0.141 pp	+0.286 pp	+87.8%	Yes
Truist Financial → TFC	United States	$74.6bn	0.264%	+0.110 pp	+0.263 pp	+53.3%	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.