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 Information Technology
Technology Hardware, Storage & Peripherals9.07%+1.21 ppSystems Software7.47%+0.59 ppApplication Software3.05%-0.52 ppSemiconductors3.74%+0.29 ppSemiconductor Materials & Equipment0.48%-0.11 ppCommunications Equipment0.87%-0.10 ppIT Consulting & Other Services1.35%+0.06 ppInternet Services & Infrastructure0.13%-0.03 ppElectronic Components0.15%-0.02 ppElectronic Equipment & Instruments0.40%-0.02 ppElectronic Manufacturing Services0.15%-0.01 ppTechnology Distributors0.08%-0.00 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.05%
Industry change · 12M
-0.52 pp
Application Software · contribution
-0.522 pp
Company participation
30%
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 |
|---|---|---|---|---|---|---|---|
| Salesforce → CRM | United States | $158.6bn | 0.571% | -0.148 pp | -0.214 pp | -32.7% | No |
| Adobe Inc. → ADBE | United States | $196.8bn | 0.709% | -0.057 pp | -0.155 pp | -17.5% | No |
| Oracle Corporation → ORCL | United States | $191.9bn | 0.691% | -0.013 pp | -0.122 pp | -7.3% | No |
| Autodesk → ADSK | United States | $45.1bn | 0.163% | -0.005 pp | -0.062 pp | -27.3% | No |
| Synopsys → SNPS | United States | $48.8bn | 0.176% | +0.010 pp | +0.037 pp | +25.5% | Yes |
| Cadence Design Systems → CDNS | United States | $42.4bn | 0.153% | +0.007 pp | +0.026 pp | +21.1% | Yes |
| Intuit → INTU | United States | $116.9bn | 0.421% | -0.045 pp | -0.009 pp | -5.1% | No |
| Trimble Inc. → TRMB | United States | $17.0bn | 0.061% | +0.001 pp | -0.009 pp | -12.5% | No |
| PTC Inc. → PTC | United States | $13.6bn | 0.049% | +0.004 pp | -0.007 pp | -13.1% | Yes |
| Tyler Technologies → TYL | United States | $14.8bn | 0.053% | -0.008 pp | -0.006 pp | -11.7% | 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.