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›Regional Banks›Regional Banks

1 · Sector

Weight and 12M allocation change

Financials14.2%+1.72 pp Information Technology28.5%+1.35 pp Consumer Discretionary7.8%+0.98 pp Energy2.5%+0.82 pp Materials3.2%+0.05 pp Real Estate3.2%+0.01 pp Health Care16.5%-0.40 pp Utilities3.0%-0.41 pp Communication Services3.9%-1.00 pp Consumer Staples7.0%-1.51 pp Industrials10.2%-1.61 pp

2 · Industry

Inside Financials

Diversified Banks5.05%+1.07 pp Transaction & Payment Processing Services2.08%-0.56 pp Investment Banking & Brokerage1.49%+0.54 pp Consumer Finance0.76%+0.18 pp Insurance Brokers0.69%+0.15 pp Asset Management & Custody Banks0.75%+0.13 pp Financial Exchanges & Data1.19%+0.10 pp Regional Banks0.46%+0.09 pp Property & Casualty Insurance0.89%-0.06 pp Life & Health Insurance0.53%+0.04 pp Multi-line Insurance0.25%+0.04 pp Reinsurance0.03%-0.00 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.46%+0.092 pp

Concentrated

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

View all contributions →

Regional Banks · weight

0.46%

Industry change · 12M

+0.09 pp

Regional Banks · contribution

+0.092 pp

Company participation

67%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Oct 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
Huntington Bancshares → HBAN	United States	$23.2bn	0.078%	+0.028 pp	+0.027 pp	+57.2%	Yes
Fifth Third Bancorp → FITB	United States	$30.1bn	0.100%	+0.013 pp	+0.022 pp	+93.4%	Yes
Regions Financial Corporation → RF	United States	$22.6bn	0.075%	+0.012 pp	+0.015 pp	+83.9%	Yes
KeyCorp → KEY	United States	$22.3bn	0.074%	+0.009 pp	+0.014 pp	+86.1%	Yes
Citizens Financial Group → CFG	United States	$20.2bn	0.067%	+0.006 pp	+0.012 pp	+80.3%	No
M&T Bank → MTB	United States	$18.9bn	0.063%	+0.004 pp	+0.000 pp	+46.5%	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.