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
Insurance Brokers0.58%-99.32 ppDiversified Banks4.70%+4.69 ppTransaction & Payment Processing Services2.44%+2.43 ppInvestment Banking & Brokerage1.46%+1.46 ppFinancial Exchanges & Data1.10%+1.10 ppProperty & Casualty Insurance0.89%+0.89 ppConsumer Finance0.78%+0.78 ppAsset Management & Custody Banks0.72%+0.72 ppLife & Health Insurance0.53%+0.53 ppRegional Banks0.42%+0.42 ppMulti-line Insurance0.24%+0.24 ppReinsurance0.04%+0.04 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Diversified Banks
Diversified Banks · weight
4.70%
Industry change · 12M
+4.69 pp
Diversified Banks · contribution
+4.694 pp
Company participation
100%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Aug 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 | $478.0bn | 1.598% | -0.183 pp | +1.597 pp | +64.2% | Yes |
| Bank of America → BAC | United States | $351.3bn | 1.175% | -0.127 pp | +1.174 pp | +65.9% | Yes |
| Wells Fargo → WFC | United States | $187.7bn | 0.628% | -0.064 pp | +0.627 pp | +92.0% | Yes |
| Citigroup → C | United States | $145.7bn | 0.487% | -0.095 pp | +0.487 pp | +45.7% | Yes |
| U.S. Bancorp → USB | United States | $85.1bn | 0.285% | -0.040 pp | +0.284 pp | +63.4% | Yes |
| PNC Financial Services → PNC | United States | $81.2bn | 0.272% | -0.025 pp | +0.271 pp | +77.2% | Yes |
| Truist Financial → TFC | United States | $76.2bn | 0.255% | -0.043 pp | +0.254 pp | +52.0% | 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.