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

Health Care17.6%+1.90 pp Energy4.0%+1.62 pp Information Technology26.9%+1.35 pp Utilities3.6%+0.53 pp Consumer Staples7.7%+0.52 pp Real Estate3.4%+0.27 pp Materials3.5%-0.04 pp Consumer Discretionary6.7%-0.71 pp Communication Services3.8%-0.73 pp Financials12.8%-1.90 pp Industrials10.0%-2.80 pp

2 · Industry

Inside Health Care

Pharmaceuticals5.61%+1.00 pp Biotechnology2.57%+0.50 pp Managed Health Care2.50%+0.40 pp Health Care Supplies0.18%-0.10 pp Health Care Distributors0.39%+0.10 pp Life Sciences Tools & Services2.06%+0.06 pp Health Care Facilities0.22%-0.03 pp Health Care Equipment3.11%-0.02 pp Health Care Services0.93%+0.01 pp Health Care Technology0.00%+0.00 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals5.61%+0.997 pp

Concentrated

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

View all contributions →

Pharmaceuticals · weight

5.61%

Industry change · 12M

+1.00 pp

Pharmaceuticals · contribution

+0.997 pp

Company participation

86%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

May 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
Lilly (Eli) → LLY	United States	$297.8bn	1.073%	+0.247 pp	+0.386 pp	+59.1%	Yes
Pfizer → PFE	United States	$297.6bn	1.072%	+0.156 pp	+0.295 pp	+41.6%	Yes
Merck & Co. → MRK	United States	$232.7bn	0.838%	+0.167 pp	+0.181 pp	+31.7%	Yes
Johnson & Johnson → JNJ	United States	$472.4bn	1.701%	+0.200 pp	+0.105 pp	+8.8%	Yes
Bristol Myers Squibb → BMY	United States	$160.6bn	0.579%	+0.059 pp	+0.053 pp	+18.5%	Yes
Viatris → VTRS	United States	$14.9bn	0.054%	+0.007 pp	-0.012 pp	-16.7%	Yes
Zoetis → ZTS	United States	$80.4bn	0.290%	-0.027 pp	-0.011 pp	-2.7%	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.