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›Health Care›Pharmaceuticals›Pharmaceuticals

1 · Sector

Weight and 12M allocation change

Information Technology27.5%+27.47 pp Health Care16.1%+16.09 pp Industrials11.8%+11.83 pp Consumer Discretionary7.3%+7.33 pp Consumer Staples7.0%+6.99 pp Communication Services4.3%+4.28 pp Materials3.2%+3.15 pp Real Estate3.1%+3.13 pp Utilities3.0%+2.99 pp Energy2.3%+2.34 pp Financials14.3%-85.61 pp

2 · Industry

Inside Health Care

Pharmaceuticals4.62%+4.62 pp Health Care Equipment3.09%+3.08 pp Biotechnology2.51%+2.51 pp Life Sciences Tools & Services2.28%+2.27 pp Managed Health Care1.92%+1.91 pp Health Care Services0.82%+0.82 pp Health Care Supplies0.31%+0.31 pp Health Care Distributors0.28%+0.28 pp Health Care Facilities0.27%+0.27 pp Health Care Technology0.00%+0.00 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals4.62%+4.619 pp

Broad

The gain is shared across much of the industry.

View all contributions →

Pharmaceuticals · weight

4.62%

Industry change · 12M

+4.62 pp

Pharmaceuticals · contribution

+4.619 pp

Company participation

57%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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
Johnson & Johnson → JNJ	United States	$425.1bn	1.493%	-0.039 pp	+1.491 pp	+11.3%	No
Pfizer → PFE	United States	$241.1bn	0.847%	+0.073 pp	+0.846 pp	+28.5%	Yes
Lilly (Eli) → LLY	United States	$221.0bn	0.776%	-0.001 pp	+0.775 pp	+58.8%	Yes
Merck & Co. → MRK	United States	$190.1bn	0.668%	-0.028 pp	+0.667 pp	-1.8%	Yes
Bristol Myers Squibb → BMY	United States	$131.5bn	0.462%	-0.065 pp	+0.461 pp	+2.0%	No
Zoetis → ZTS	United States	$92.0bn	0.323%	+0.011 pp	+0.323 pp	+18.1%	Yes
Viatris → VTRS	United States	$16.4bn	0.058%	-0.003 pp	+0.058 pp	-7.3%	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.