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%+15.12 pp Health Care17.0%+8.92 pp Financials12.8%+5.42 pp Consumer Staples7.5%+3.67 pp Industrials10.3%+3.67 pp Energy3.3%+2.11 pp Real Estate3.4%+1.82 pp Utilities3.4%+1.74 pp Materials3.3%+1.63 pp Communication Services3.6%+1.16 pp Consumer Discretionary7.0%-45.25 pp

2 · Industry

Inside Financials

Diversified Banks4.23%+1.60 pp Investment Banking & Brokerage1.34%+0.66 pp Financial Exchanges & Data1.10%+0.58 pp Insurance Brokers0.81%+0.54 pp Property & Casualty Insurance0.99%+0.51 pp Consumer Finance0.72%+0.34 pp Life & Health Insurance0.58%+0.29 pp Transaction & Payment Processing Services1.62%+0.28 pp Asset Management & Custody Banks0.63%+0.27 pp Regional Banks0.45%+0.21 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 Banks4.23%+1.595 pp

Concentrated

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

View all contributions →

Diversified Banks · weight

4.23%

Industry change · 12M

+1.60 pp

Diversified Banks · contribution

+1.595 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 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	$332.6bn	1.120%	-0.047 pp	+0.466 pp	+8.6%	No
JPMorgan Chase → JPM	United States	$402.5bn	1.355%	-0.144 pp	+0.446 pp	-8.3%	No
Wells Fargo → WFC	United States	$184.9bn	0.622%	+0.009 pp	+0.306 pp	+25.9%	No
PNC Financial Services → PNC	United States	$77.2bn	0.260%	-0.012 pp	+0.114 pp	+7.8%	No
U.S. Bancorp → USB	United States	$78.9bn	0.265%	-0.001 pp	+0.103 pp	-0.9%	No
Truist Financial → TFC	United States	$75.3bn	0.253%	+0.003 pp	+0.100 pp	+0.2%	No
Citigroup → C	United States	$105.8bn	0.356%	-0.028 pp	+0.059 pp	-24.4%	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.