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›Financials›Regional Banks›Regional Banks

1 · Sector

Weight and 12M allocation change

Consumer Discretionary11.0%+3.61 pp Health Care17.7%+1.59 pp Energy3.6%+1.22 pp Consumer Staples7.8%+0.78 pp Utilities3.5%+0.51 pp Real Estate3.3%+0.14 pp Materials3.0%-0.15 pp Communication Services3.3%-1.01 pp Information Technology25.3%-2.16 pp Industrials9.6%-2.22 pp Financials12.0%-2.30 pp

2 · Industry

Inside Financials

Diversified Banks3.78%-1.24 pp Transaction & Payment Processing Services1.49%-0.89 pp Consumer Finance0.59%-0.23 pp Insurance Brokers0.81%+0.15 pp Asset Management & Custody Banks0.55%-0.14 pp Property & Casualty Insurance1.02%+0.13 pp Investment Banking & Brokerage1.37%-0.07 pp Financial Exchanges & Data1.08%-0.03 pp Multi-line Insurance0.22%-0.03 pp Life & Health Insurance0.56%+0.02 pp Regional Banks0.48%+0.02 pp Reinsurance0.04%+0.01 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.48%+0.017 pp

Concentrated

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

View all contributions →

Regional Banks · weight

0.48%

Industry change · 12M

+0.02 pp

Regional Banks · contribution

+0.017 pp

Company participation

67%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 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
M&T Bank → MTB	United States	$31.0bn	0.122%	+0.010 pp	+0.054 pp	+21.4%	Yes
Fifth Third Bancorp → FITB	United States	$21.9bn	0.086%	-0.003 pp	-0.017 pp	-22.2%	No
KeyCorp → KEY	United States	$14.9bn	0.059%	-0.004 pp	-0.014 pp	-23.1%	No
Huntington Bancshares → HBAN	United States	$19.0bn	0.075%	+0.007 pp	-0.005 pp	-10.9%	Yes
Citizens Financial Group → CFG	United States	$17.0bn	0.067%	-0.002 pp	-0.003 pp	-24.1%	Yes
Regions Financial Corporation → RF	United States	$18.8bn	0.074%	+0.006 pp	+0.002 pp	-2.7%	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.