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
Transaction & Payment Processing Services1.83%-0.94 ppInvestment Banking & Brokerage1.39%+0.21 ppInsurance Brokers0.67%+0.14 ppFinancial Exchanges & Data1.18%+0.12 ppProperty & Casualty Insurance0.85%-0.10 ppRegional Banks0.43%+0.04 ppAsset Management & Custody Banks0.68%+0.03 ppConsumer Finance0.69%+0.03 ppMulti-line Insurance0.23%+0.01 ppDiversified Banks4.45%-0.00 ppReinsurance0.03%-0.00 ppLife & Health Insurance0.51%-0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Investment Banking & Brokerage
Investment Banking & Brokerage · weight
1.39%
Industry change · 12M
+0.21 pp
Investment Banking & Brokerage · contribution
+0.207 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Dec 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 |
|---|---|---|---|---|---|---|---|
| Charles Schwab Corporation → SCHW | United States | $108.4bn | 0.347% | +0.018 pp | +0.071 pp | +60.2% | Yes |
| Morgan Stanley → MS | United States | $176.1bn | 0.564% | -0.059 pp | +0.062 pp | +46.7% | No |
| Goldman Sachs → GS | United States | $128.1bn | 0.410% | -0.037 pp | +0.043 pp | +47.6% | No |
| Raymond James Financial → RJF | United States | $20.7bn | 0.066% | +0.022 pp | +0.031 pp | +59.5% | 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.