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›Communication Services›Integrated Telecommunication Services›Integrated Telecommunication Services

1 · Sector

Weight and 12M allocation change

Health Care17.6%+1.90 ppEnergy4.0%+1.62 ppInformation Technology26.9%+1.35 ppUtilities3.6%+0.53 ppConsumer Staples7.7%+0.52 ppReal Estate3.4%+0.27 ppMaterials3.5%-0.04 ppConsumer Discretionary6.7%-0.71 ppCommunication Services3.8%-0.73 ppFinancials12.8%-1.90 ppIndustrials10.0%-2.80 pp

2 · Industry

Inside Communication Services

Movies & Entertainment0.83%-0.48 ppCable & Satellite0.80%-0.27 ppBroadcasting0.16%+0.16 ppIntegrated Telecommunication Services1.32%-0.08 ppWireless Telecommunication Services0.60%-0.03 ppInteractive Home Entertainment0.05%-0.02 ppAdvertising0.06%-0.01 pp

3 · Sub-industry

Inside Integrated Telecommunication Services

Integrated Telecommunication Services1.32%-0.082 pp
Concentrated

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

View all contributions →
Integrated Telecommunication Services · weight
1.32%
Industry change · 12M
-0.08 pp
Integrated Telecommunication Services · contribution
-0.082 pp
Company participation
100%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 2022 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Verizon →
VZ
United States$215.4bn0.776%-0.006 pp-0.062 pp-4.8%Yes
AT&T →
T
United States$152.4bn0.549%+0.106 pp-0.020 pp+4.9%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.