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 Financials
Diversified Banks4.26%-1.02 ppTransaction & Payment Processing Services1.59%-0.98 ppInsurance Brokers0.77%+0.21 ppAsset Management & Custody Banks0.61%-0.13 ppProperty & Casualty Insurance1.07%+0.12 ppConsumer Finance0.71%-0.11 ppInvestment Banking & Brokerage1.35%-0.10 ppFinancial Exchanges & Data1.11%+0.09 ppRegional Banks0.50%+0.03 ppLife & Health Insurance0.58%-0.01 ppMulti-line Insurance0.26%+0.01 ppReinsurance0.04%+0.00 ppMulti-Sector Holdings0.00%+0.00 pp
3 · Sub-industry
Inside Diversified Banks
Diversified Banks · weight
4.26%
Industry change · 12M
-1.02 pp
Diversified Banks · contribution
-1.015 pp
Company participation
14%
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 |
|---|---|---|---|---|---|---|---|
| JPMorgan Chase → JPM | United States | $388.4bn | 1.399% | -0.054 pp | -0.382 pp | -17.4% | No |
| Bank of America → BAC | United States | $299.7bn | 1.079% | -0.158 pp | -0.222 pp | -10.6% | No |
| Citigroup → C | United States | $103.7bn | 0.374% | -0.033 pp | -0.209 pp | -29.9% | No |
| Wells Fargo → WFC | United States | $173.5bn | 0.625% | -0.081 pp | -0.067 pp | -0.2% | No |
| Truist Financial → TFC | United States | $66.2bn | 0.238% | -0.048 pp | -0.059 pp | -16.8% | No |
| U.S. Bancorp → USB | United States | $78.8bn | 0.284% | -0.007 pp | -0.040 pp | -9.9% | Yes |
| PNC Financial Services → PNC | United States | $72.5bn | 0.261% | -0.028 pp | -0.035 pp | -7.5% | 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.