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 Discretionary11.4%+4.38 pp Energy3.6%+0.25 pp Consumer Staples7.5%+0.07 pp Utilities3.3%-0.11 pp Materials3.1%-0.19 pp Industrials10.0%-0.23 pp Real Estate3.1%-0.29 pp Communication Services3.2%-0.40 pp Health Care16.5%-0.47 pp Information Technology27.3%-1.33 pp Financials11.1%-1.69 pp

2 · Industry

Inside Consumer Staples

Soft Drinks & Non-alcoholic Beverages1.99%+0.27 pp Consumer Staples Merchandise Retail1.73%-0.21 pp Packaged Foods & Meats0.91%+0.10 pp Personal Care Products1.20%-0.04 pp Tobacco0.79%-0.02 pp Agricultural Products & Services0.15%-0.02 pp Food Retail0.12%-0.02 pp Household Products0.51%+0.01 pp Food Distributors0.13%-0.01 pp

3 · Sub-industry

Inside Tobacco

Tobacco0.79%-0.023 pp

Concentrated

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

View all contributions →

Tobacco · weight

0.79%

Industry change · 12M

-0.02 pp

Tobacco · contribution

-0.023 pp

Company participation

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Mar 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	$79.7bn	0.272%	-0.024 pp	-0.048 pp	-7.2%	No
Philip Morris International → PM	United States	$150.8bn	0.514%	-0.052 pp	+0.024 pp	+9.1%	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.