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›Consumer Staples›Tobacco›Tobacco

1 · Sector

Weight and 12M allocation change

Consumer Discretionary11.3%+4.18 pp Energy3.7%+0.58 pp Industrials10.3%+0.07 pp Utilities3.2%+0.05 pp Materials3.2%+0.02 pp Real Estate3.2%+0.00 pp Health Care16.6%-0.02 pp Consumer Staples7.5%-0.07 pp Communication Services3.3%-0.59 pp Financials12.6%-0.72 pp Information Technology25.1%-3.51 pp

2 · Industry

Inside Consumer Staples

Soft Drinks & Non-alcoholic Beverages1.96%+0.20 pp Personal Care Products1.14%-0.16 pp Consumer Staples Merchandise Retail1.76%-0.07 pp Packaged Foods & Meats0.89%+0.06 pp Tobacco0.82%-0.04 pp Food Distributors0.13%-0.02 pp Household Products0.50%-0.02 pp Food Retail0.11%-0.01 pp Agricultural Products & Services0.15%+0.00 pp

3 · Sub-industry

Inside Tobacco

Tobacco0.82%-0.045 pp

Concentrated

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

View all contributions →

Tobacco · weight

0.82%

Industry change · 12M

-0.04 pp

Tobacco · contribution

-0.045 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

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
Altria → MO	United States	$82.9bn	0.291%	+0.008 pp	-0.032 pp	-2.0%	Yes
Philip Morris International → PM	United States	$150.8bn	0.530%	+0.006 pp	-0.013 pp	+1.5%	No

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.