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›Diversified Banks›Diversified Banks

1 · Sector

Weight and 12M allocation change

Information Technology28.6%+15.24 pp Health Care16.6%+8.70 pp Financials13.3%+6.14 pp Industrials10.2%+4.03 pp Consumer Staples7.5%+3.95 pp Energy3.1%+1.92 pp Real Estate3.2%+1.74 pp Utilities3.2%+1.64 pp Materials3.2%+1.62 pp Communication Services3.9%+1.42 pp Consumer Discretionary7.2%-46.41 pp

2 · Industry

Inside Financials

Diversified Banks4.67%+2.15 pp Investment Banking & Brokerage1.42%+0.74 pp Financial Exchanges & Data1.08%+0.57 pp Insurance Brokers0.76%+0.49 pp Property & Casualty Insurance0.95%+0.49 pp Consumer Finance0.81%+0.44 pp Asset Management & Custody Banks0.65%+0.32 pp Life & Health Insurance0.58%+0.29 pp Regional Banks0.51%+0.27 pp Transaction & Payment Processing Services1.62%+0.22 pp Multi-line Insurance0.26%+0.14 pp Reinsurance0.04%+0.02 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Diversified Banks

Diversified Banks4.67%+2.154 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

4.67%

Industry change · 12M

+2.15 pp

Diversified Banks · contribution

+2.154 pp

Company participation

57%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 2022 · 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
Bank of America → BAC	United States	$356.7bn	1.237%	+0.008 pp	+0.638 pp	+29.8%	No
JPMorgan Chase → JPM	United States	$418.7bn	1.452%	-0.133 pp	+0.555 pp	-1.3%	No
Wells Fargo → WFC	United States	$203.6bn	0.706%	+0.063 pp	+0.407 pp	+49.8%	Yes
PNC Financial Services → PNC	United States	$83.4bn	0.289%	+0.008 pp	+0.147 pp	+21.3%	Yes
U.S. Bancorp → USB	United States	$83.9bn	0.291%	+0.014 pp	+0.141 pp	+16.6%	Yes
Truist Financial → TFC	United States	$82.6bn	0.287%	+0.019 pp	+0.133 pp	+12.6%	Yes
Citigroup → C	United States	$117.3bn	0.407%	-0.020 pp	+0.132 pp	-7.4%	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.