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
Application Software3.00%-1.02 ppTechnology Hardware, Storage & Peripherals9.35%+0.59 ppSystems Software7.23%-0.53 ppSemiconductors3.26%-0.24 ppSemiconductor Materials & Equipment0.38%-0.15 ppCommunications Equipment0.87%-0.14 ppElectronic Equipment & Instruments0.38%-0.08 ppIT Consulting & Other Services1.27%-0.07 ppInternet Services & Infrastructure0.12%-0.02 ppElectronic Manufacturing Services0.14%-0.02 ppTechnology Distributors0.08%-0.01 ppElectronic Components0.14%-0.01 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.00%
Industry change · 12M
-1.02 pp
Application Software · contribution
-1.019 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 |
|---|---|---|---|---|---|---|---|
| Adobe Inc. → ADBE | United States | $174.8bn | 0.625% | -0.083 pp | -0.432 pp | -43.7% | No |
| Salesforce → CRM | United States | $156.1bn | 0.559% | -0.013 pp | -0.310 pp | -41.1% | No |
| Oracle Corporation → ORCL | United States | $197.6bn | 0.707% | +0.016 pp | -0.125 pp | -15.5% | No |
| Intuit → INTU | United States | $121.8bn | 0.436% | +0.015 pp | -0.081 pp | -23.3% | Yes |
| Autodesk → ADSK | United States | $43.5bn | 0.156% | -0.007 pp | -0.072 pp | -34.9% | Yes |
| Trimble Inc. → TRMB | United States | $15.7bn | 0.056% | -0.005 pp | -0.023 pp | -32.9% | No |
| Synopsys → SNPS | United States | $52.9bn | 0.189% | +0.014 pp | +0.020 pp | +4.1% | Yes |
| Cadence Design Systems → CDNS | United States | $47.6bn | 0.170% | +0.018 pp | +0.019 pp | +6.3% | Yes |
| Tyler Technologies → TYL | United States | $15.4bn | 0.055% | +0.002 pp | -0.011 pp | -23.5% | No |
| PTC Inc. → PTC | United States | $13.5bn | 0.048% | -0.001 pp | -0.003 pp | -12.7% | 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.