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›Health Care›Pharmaceuticals›Pharmaceuticals

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 Health Care

Pharmaceuticals5.55%+0.89 pp Managed Health Care2.57%+0.50 pp Biotechnology2.81%+0.44 pp Health Care Equipment2.88%-0.34 pp Life Sciences Tools & Services1.98%-0.32 pp Health Care Supplies0.12%-0.17 pp Health Care Services0.94%+0.15 pp Health Care Distributors0.41%+0.14 pp Health Care Facilities0.23%-0.01 pp Health Care Technology0.00%+0.00 pp

3 · Sub-industry

Inside Pharmaceuticals

Pharmaceuticals5.55%+0.893 pp

Concentrated

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

View all contributions →

Pharmaceuticals · weight

5.55%

Industry change · 12M

+0.89 pp

Pharmaceuticals · contribution

+0.893 pp

Company participation

57%

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
Lilly (Eli) → LLY	United States	$352.6bn	1.197%	+0.172 pp	+0.395 pp	+51.6%	Yes
Merck & Co. → MRK	United States	$279.2bn	0.948%	+0.174 pp	+0.308 pp	+52.2%	Yes
Johnson & Johnson → JNJ	United States	$465.4bn	1.579%	+0.061 pp	+0.192 pp	+17.2%	No
Bristol Myers Squibb → BMY	United States	$170.7bn	0.579%	+0.064 pp	+0.177 pp	+54.3%	Yes
Zoetis → ZTS	United States	$71.8bn	0.244%	-0.018 pp	-0.111 pp	-30.1%	No
Pfizer → PFE	United States	$281.4bn	0.955%	+0.046 pp	-0.064 pp	-3.7%	No
Viatris → VTRS	United States	$13.4bn	0.045%	+0.004 pp	-0.005 pp	-6.6%	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.