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›Broadcasting›Broadcasting

1 · Sector

Weight and 12M allocation change

Consumer Discretionary10.9%+3.79 pp Energy3.6%+1.54 pp Consumer Staples7.7%+0.73 pp Utilities3.6%+0.56 pp Health Care16.5%+0.26 pp Real Estate3.3%+0.06 pp Materials3.0%-0.23 pp Communication Services3.5%-0.87 pp Information Technology26.2%-1.69 pp Financials11.9%-1.97 pp Industrials9.8%-2.17 pp

2 · Industry

Inside Communication Services

Cable & Satellite0.65%-0.48 pp Movies & Entertainment0.84%-0.41 pp Integrated Telecommunication Services1.08%-0.18 pp Broadcasting0.12%+0.12 pp Wireless Telecommunication Services0.65%+0.07 pp Interactive Home Entertainment0.07%+0.01 pp Advertising0.05%-0.00 pp

3 · Sub-industry

Inside Broadcasting

Broadcasting0.12%+0.115 pp

Concentrated

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

View all contributions →

Broadcasting · weight

0.12%

Industry change · 12M

+0.12 pp

Broadcasting · contribution

+0.115 pp

Company participation

50%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Aug 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
Warner Bros. Discovery → WBD	United States	$32.1bn	0.115%	-0.046 pp	+0.115 pp	-54.1%	Yes
Fox Corporation (Class B) → FOX	United States	$0.0bn	0.000%	-0.000 pp	-0.000 pp	-7.4%	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.