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›Integrated Telecommunication Services›Integrated Telecommunication Services

1 · Sector

Weight and 12M allocation change

Consumer Discretionary11.3%+4.18 ppEnergy3.7%+0.58 ppIndustrials10.3%+0.07 ppUtilities3.2%+0.05 ppMaterials3.2%+0.02 ppReal Estate3.2%+0.00 ppHealth Care16.6%-0.02 ppConsumer Staples7.5%-0.07 ppCommunication Services3.3%-0.59 ppFinancials12.6%-0.72 ppInformation Technology25.1%-3.51 pp

2 · Industry

Inside Communication Services

Movies & Entertainment0.75%-0.34 ppCable & Satellite0.60%-0.28 ppIntegrated Telecommunication Services1.05%-0.18 ppBroadcasting0.13%+0.13 ppWireless Telecommunication Services0.61%+0.08 ppAdvertising0.06%+0.00 ppInteractive Home Entertainment0.06%+0.00 pp

3 · Sub-industry

Inside Integrated Telecommunication Services

Integrated Telecommunication Services1.05%-0.178 pp
Concentrated

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

View all contributions →
Integrated Telecommunication Services · weight
1.05%
Industry change · 12M
-0.18 pp
Integrated Telecommunication Services · contribution
-0.178 pp
Company participation
50%
of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Feb 2023 · sorted by absolute contribution to 12-month change

CompanyCountryMarket capUniverse weight3M contribution12M contribution12M price returnAbove 6M weight average
Verizon →
VZ
United States$163.0bn0.573%+0.017 pp-0.209 pp-23.5%No
AT&T →
T
United States$134.8bn0.474%+0.008 pp+0.031 pp+12.2%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.