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%+3.01 pp Energy3.9%+1.57 pp Health Care17.5%+1.30 pp Consumer Staples7.7%+0.79 pp Utilities3.4%+0.46 pp Industrials10.1%+0.13 pp Real Estate3.2%-0.06 pp Materials3.1%-0.11 pp Communication Services3.2%-0.50 pp Financials12.4%-0.81 pp Information Technology24.5%-5.78 pp

2 · Industry

Inside Financials

Diversified Banks4.01%-0.70 pp Transaction & Payment Processing Services1.36%-0.45 pp Property & Casualty Insurance1.11%+0.28 pp Insurance Brokers0.80%+0.12 pp Asset Management & Custody Banks0.58%-0.11 pp Life & Health Insurance0.61%+0.10 pp Consumer Finance0.59%-0.09 pp Regional Banks0.46%+0.02 pp Investment Banking & Brokerage1.42%+0.01 pp Reinsurance0.04%+0.01 pp Multi-line Insurance0.23%+0.01 pp Financial Exchanges & Data1.16%+0.00 pp Multi-Sector Holdings0.00%+0.00 pp

3 · Sub-industry

Inside Regional Banks

Regional Banks0.46%+0.019 pp

Concentrated

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

View all contributions →

Regional Banks · weight

0.46%

Industry change · 12M

+0.02 pp

Regional Banks · contribution

+0.019 pp

Company participation

50%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Nov 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	$29.3bn	0.100%	-0.015 pp	+0.036 pp	+19.2%	No
Fifth Third Bancorp → FITB	United States	$25.0bn	0.085%	+0.001 pp	-0.013 pp	-10.9%	No
KeyCorp → KEY	United States	$17.5bn	0.060%	+0.001 pp	-0.011 pp	-12.8%	No
Huntington Bancshares → HBAN	United States	$22.3bn	0.076%	+0.007 pp	+0.003 pp	+9.0%	Yes
Citizens Financial Group → CFG	United States	$20.9bn	0.071%	+0.006 pp	+0.003 pp	-6.8%	Yes
Regions Financial Corporation → RF	United States	$21.7bn	0.074%	+0.001 pp	+0.000 pp	+5.4%	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.