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
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Financials
Diversified Banks4.12%-0.55 ppTransaction & Payment Processing Services1.40%-0.22 ppProperty & Casualty Insurance1.16%+0.21 ppConsumer Finance0.66%-0.15 ppFinancial Exchanges & Data1.14%+0.06 ppRegional Banks0.46%-0.05 ppAsset Management & Custody Banks0.62%-0.04 ppMulti-line Insurance0.23%-0.03 ppInsurance Brokers0.78%+0.03 ppLife & Health Insurance0.59%+0.01 ppReinsurance0.05%+0.01 ppInvestment Banking & Brokerage1.42%+0.00 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Diversified Banks
Diversified Banks · weight
4.12%
Industry change · 12M
-0.55 pp
Diversified Banks · contribution
-0.553 pp
Company participation
71%
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 |
|---|---|---|---|---|---|---|---|
| Bank of America → BAC | United States | $274.5bn | 0.965% | -0.065 pp | -0.272 pp | -20.6% | No |
| Wells Fargo → WFC | United States | $177.4bn | 0.624% | +0.004 pp | -0.082 pp | -10.1% | Yes |
| Truist Financial → TFC | United States | $62.3bn | 0.219% | +0.008 pp | -0.067 pp | -21.2% | Yes |
| PNC Financial Services → PNC | United States | $63.1bn | 0.222% | -0.008 pp | -0.067 pp | -17.8% | No |
| Citigroup → C | United States | $98.5bn | 0.346% | +0.028 pp | -0.061 pp | -10.8% | Yes |
| U.S. Bancorp → USB | United States | $73.1bn | 0.257% | +0.028 pp | -0.034 pp | -12.1% | Yes |
| JPMorgan Chase → JPM | United States | $421.9bn | 1.483% | +0.108 pp | +0.031 pp | +4.4% | 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.