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

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 Health Care

Pharmaceuticals4.64%-0.39 pp Biotechnology2.35%-0.08 pp Health Care Facilities0.27%+0.07 pp Life Sciences Tools & Services2.30%+0.06 pp Health Care Equipment3.44%-0.04 pp Health Care Distributors0.27%-0.04 pp Managed Health Care2.14%+0.03 pp Health Care Services0.81%-0.03 pp Health Care Supplies0.29%+0.01 pp Health Care Technology0.00%+0.00 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals4.64%-0.386 pp

Concentrated

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

View all contributions →

Pharmaceuticals · weight

4.64%

Industry change · 12M

-0.39 pp

Pharmaceuticals · contribution

-0.386 pp

Company participation

57%

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
Johnson & Johnson → JNJ	United States	$428.8bn	1.432%	-0.122 pp	-0.277 pp	+21.8%	No
Lilly (Eli) → LLY	United States	$243.7bn	0.814%	+0.013 pp	+0.223 pp	+98.6%	Yes
Bristol Myers Squibb → BMY	United States	$129.6bn	0.433%	-0.084 pp	-0.191 pp	+3.1%	No
Merck & Co. → MRK	United States	$222.9bn	0.744%	+0.077 pp	-0.115 pp	+26.9%	Yes
Pfizer → PFE	United States	$245.2bn	0.819%	-0.003 pp	-0.066 pp	+35.2%	Yes
Viatris → VTRS	United States	$16.1bn	0.054%	-0.004 pp	+0.054 pp	-6.8%	No
Zoetis → ZTS	United States	$102.5bn	0.342%	+0.012 pp	-0.014 pp	+37.1%	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.